Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
No programme of when news may arrive
No news on any operational aspect at all, MF, pressures, new leases etc
No news on BFU drill planning ongoing for 2022 start, in ten weeks
No FD drill results, just an application for confidential well we only know about as they have to file on a public site in Wyoming.
No CUDA update on what they can divulge, nor even when it may be resolved.
No update on the trading attack claim, regulatory authorities presumed to be involved yet they are not notorious for rapid and decisive action
No Nigeria update even though big moves there recently, NNPC exec appointed a month ago to execute the Presidents will and increase production
Earliest news is Q3results - as its a requirement - so whatever AM is doing to best position the company, he has to do it in the next 4-6 weeks
CC well recompletions continue, yet not even an update on these small measures to throw us a bone, refresh on CC potential, a sign of life is more important at this time.
Add that nothing has changed, COPL on course to become a mid cap, production rises each day and state that a full update will be provided when appropriate to do so.
Thats not giving anything material away, for trading, regulatory or CUDA positioning reasons but would bolster the company position and may allow more time for shareholders to remain with renewed belief, perhaps even attract more at these low prices.
No news at all just induces unfounded fear of things going wrong, with the company at such an early stage COPL simply cannot afford a Majors minimal comms position.
The longer this news blackout goes without a reason given, the more negativity surrounds the share - it hasnt attracted paid derampers yet as COPL serve that role well enough, just a small foray by a few, but with fundamentals so strong they have minimal ammo frankly and were seen off - more will come, without doubt as we finally start the rerate journey.
This silence achieves only one thing in real terms - it culls the impatient shareholders, those that do not believe the fundamentals and expands the share holding of those that remain who are not here for a tiny profit, solidifying the base. Some are locked in and await a time when they can sell at a profit or breakeven, but that intent may change once the company rerates and continues towards mid cap status.
On the money Tiburn - MM’s will even try to drop it multiple times to grab shares off the vulnerable.
Trust in research, block noise and hold your nerve.
Message to Arty , from all the boards around the market place
https://www.buro247.my/images/2020/05/1590823919820618.jpg
He is going against , all he has said , regular news flow, looking to attract INVESTORS
in North America (needs 45p for real investors/funds $100m company MC Criteria)
Needs higher in London for the same £50m brigade and better finance OPTIONS
currently shy at £47m
Shooting himself and his much talked about plans moving forwards in the foot
and you all know my opinion on his advisors and YJ , Chocolate fireguards.
:))
Think somebody may have a crush on Art looking at the last post on Advn board
as for the earlier comments on Canada , total tosh
The status forever has been 0.005 v 0.01 0.28p v 0.058p - 28p v 58p gap now closed
due to consolidation
When we where sub 0.05p, guess what Canada had 0.00125 and 0.0025 in play
in new money that would be 7.35p v 15p so historic low 27p *******s
currently has $2 - £1.17p as high also *******s, just after we suspended , they had
their one off high volume day 105m and 0.025 paid - 1.5p or cad $2.55 - £1.50 now
:))
the exchange rate that day , actually made the 0.025 - 1.41p
some of us keep track lol
who ? and what they saying lethal ?
My hope is that he’s negotiating a CUDA deal or nearby leases to FedDeep where the release of our own data will prejudice that negotiation. Therefore, it’s in our interests for him to keep radio silence.
I think I need to change my name to evertheoptimist!
Hopefully it’s the latter. Better to let CUDA crash and burn then get any cheapos on offer.
HFB i best not repeat it on here its straight to the point with regards to our CEO .. To put it mildly i dont think the poster is a fan :)
If as stated in previous RNA message , we own 100% of that Deeps drill
it has no bearing on CUDA's position, which is pretty much , toasted
Strange license and sub division rules in the states.
Said before, the could lose all position, the CUDA bod find themselves in, makes Arty's
position very strong, he could split his negotiations , move the bod aside with a sweet
self interested feather the nest deal , shares now and future higher price options.
They still benefit from success , with zero risk to losing all.
Then concentrate, on another sweet heart deal with the creditors, they get ALL
back and perhaps some profits over a time or percentage production deal.
At the end of it all , copl increased revenues and down the line further increased
revenues , with little up front costs.
Arty can steal another deal from a cashed up , with mezzanine back up company
versus , a distressed company cuda and trembling lenders, wondering how much
they could lose, it the alternative cuda into administration/liquidation occurs ?
:))
Post recommended Hoping
don't think many are , he may be a seasoned deal maker but his other duties
and advisors leave a Mindanao Deep to be filled, in terms of market and PR
that moves it
Maybe that's why the sp is so under water , he's still trying to find the button that switches
the submersible ON lol
:))
Can't understand why the results from Barron Flats aren't out.Its been over a month since the testing was done.It can't be anything to do with CUDA as we own 100%.
Bid / Offer
28.00 / 28.50
Special Condition: -
Trading Status: Regular Trading
The horses mouth , the REAL lse , narrow spread and all prices within a bigger guess
than normal , anything not priced exactly 28.00p or 28.50p, could be either but in all
cases the REAL lse calls them TRADES , as they see all, as both a buy and a sell lol
:))
Very true , News Announcements move the market , silence kills it
and always has , no news = drift down/rangebound
If his so called advisors, are saying otherwise , its lies and should be
sacked on the spot, not fit for a porpoise , let alone purpose
:))
based on the real lse spread , the last 20 trades are all above the mid
so guesswork Algo, should be going tilt and calling all buys lol
:))
very tight spread
prices all subjective mid 28.25 those trades all 28.26-28.48
Can’t see any reason for not drip feeding market news other than can’t be arsed lazy all in one RNS
Art needs to remember whilst this is fine for the likes of Tullow we are a mere Minnow and the market needs regular news to support the sp.
The guy badly needs to up PR
Let’s not forget Art is also a share holder, I’m fairly sure he’s waiting for the right time to start news flow.
Until conformation
All the speculation
Is just the spectre
Of conjecture
!
Press that button Arthur......
True
but he could update the MF operations every day, week or month, if he wanted
and love that line lol
:))
What's he worried about Bolton ?
https://media0.giphy.com/media/hDSy8w6rGHeTe/giphy.gif?cid=790b76115a71d56013e6f1090fa4122e572f4d640d091652&rid=giphy.gif&ct=g
:))
Not legally obliged , the RNA system has a politician's asked and answered element to it
In RNA message - We have drilled the deeps well and are to conduct testing.....
He is covered, until such time as testing completed, results compiled and put into an
as promised update after nomad approval for release
He COULD and many on here will be familiar with David Lenigas , he would have
probably put out 10 RNA's , progress reports and each individual layer results
and knocked the arse out of it, that's the other extreme, PR overload lol
IN a previous RNA - Full plan for the MF/Shannon operations and targets
He is covered , unless something goes tits up, otherwise he could just report with Q
results as time goes by
On the other hand , the likes of a Lenigas WOULD have updated every week or two
its no mistake he ramped his own companies many times from sub 0.05p to 1.5p
Horses for courses but the advice and PR since the 16th December has been a shambles
:))
can only buy £1000 anything over that and is NT (28.47 to buy)