Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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That was a given.
Letter to FCA should definitely go out then. I think we need to take a combined stand against this nonsense.
Bastards..
According to Vox, he can't make tonight, will be rescheduled.
With inside knowledge of a pre arranged placing how can they get away with selling shares ...LR knew what’s been happening and hasn’t stopped it, so it must be assumed that he supports it...at the expense of those kept in the dark. Hang your heads in shame.
Just gonna have to our nerve, it’s very disappointing they know the asset is sound and want to make as much money out of it as possible.
JORC and mets will improve the outlook. See what Oiltap has to see say. I will sell other stock to buy here. I do feel sorry for loyal holders.
how do we feel about penning a letter on LSE and sending it to the authorities? Not that they'll do much inf anything but just putting them in the picture? Make these suited shysters sweat a bit?
No point leaping too soon and could wait until after the presentation to see what he comes back with, but I don't think it's unreasonable given the clear underhand tactics employed at EUZ.
Justin Toothrot must be rubbing his hands whispering 'I taught you well, grasshopper'.
My question tonight would be . Why place before the JORC which we could get in under a month . Hiw much if that million was needed to keep the lights o. between now and then ?
Maybe someone can ask tonight why he didn't wait until after the JORC to raise at a much better price? My guess is because the big boys wanted in at PIs expense. Corruption at the highest level IMO. This doesn't sit well with me now. 20B shares in issue soon!
What a croc of ****e.Investors shafted
I mean, this is it. The ultimate goal is the mets and JORC, not too far off.
But this management are not going to win fans and he's got some brass neck doing it on the eve of a presentation. I really hope he gets his collar felt. He'll no doubt have a list of plausible-appeasing reasons but they need a swift verbal clout about how someone obviously couldn't keep their mouths shut. The Big Boy/City collusion on AIM is always at the expense of smaller holders (that these BODs see as pure daytraders).
The most corrupt and worst placing I have EVER known. No value here for years and years unless theres a total sale of which that will now be hugely diluted for shareholders
Another share I am locked in .
It has already been stated that DB were effectively given 10% of our company and now de risked they were on a free ride.
Having now been told in advance of this placing, they sold out and we’re gifted a much lower buy back price. Why hasn’t LR stepped in to provide protection for ALL holders. Firstly we suffer from the falling sp and to rub salt into the wound we are diluted once more with a placing at 28% discount, this absolutely stinks. Those involved should hang their heads in shame.
We don't need childish contributions like that Harrison thanks. MBT I wouldn't go that quite that far, 'oversubscribed', and well over 100% above the last placing reflects progress but yes I'm very disappointed. Everything was pointing towards EUZ having 'everything they need' to move this project on. LR saying he wants stability in the SP - well a placing at 28% is a funny way of going about that. I have to eat some humble pie to the de-rampers who picked up on the hints that more drilling would be required after the assay results, I just firmly believed that someone else would be doing it. DB manoeuvers have proved the PI is trying to invest in this market with not one but two hands tied behind their back, I've got to be careful here but the institution is clearly managing their funds with privileged information over the PI - sickening. Finally, if it was oversubscribed then the placing price could surely have been slightly higher so more incompetence - idiots!
Must admit I thought they could have got it away at a higher price - let’s see where we end up. Certainly won’t be selling with the JORC and mets round the corner.
One word....disgraceful !!!
All shareholders are equal but some are clearly a lot more equal.
Did I read that correctly. Placing at 0.025p. These shares were trading at 0.5p early last week. Assays were not brilliant either. Disgraceful. Why such a low price. No doubt will drop to placing price then probably lower
ouch!
The Toral asset is what keeps me in this share. We have seen market manipulators and a few tricks like never before with this share on AIM. I do not know who friend or foe is nowadays even with some of the hard core investors and stakeholders even including the BOD. Everyone seems to have their own agenda and own investment strategy and I believe rightfully so. Its no use watching this BB on a daily basis as quite frankly if you believe in the asset as much as I do and have done your research we should not really give a ***te what the MM's are up. I believe the sale is imminent and that will be the "sling shot"...What one needs to do here is hold and buy more in need as imo there are thieves prowling and I have no other word for them as that is exactly what they are doing and trying every trick in the book to take these shares from "sticky" hand holders. Wait for a few more weeks and be patient... if you holding these shares you are already in the payout queue imo.
All part of the game...
MMs dropping to buy cheap shares from sellers . When it shoots back up they make a really good profit margin.
If you believe in the Company and LTH like us do then we are sat on a multi bagger ... . Happy to hold. ;-)
certainly was not expecting this.......30% drop from pre assay result RNS SP.
Crazy IMO.
The RNS content was not what we were expecting however in my view results still good. With the updated JORC from inferred to indicated in 4 weeks or less I can only see this as a further buying opportunity.
I certainly hadn't appreciated how interactive the JORC process would be. That AMS gave us four days to present the case is pretty interesting IMO, and possibly two weeks shaved off the wait for results. Thought it would have created more interest but I am an early riser. Right feast of rugby awaits!
More encouragement from LR's Linkedln. They had a four day workshop with AMS last week which could save two weeks on JORC results. When we're suffering the pain of a falling SP and the bulletin board game playing which seems to be in full swing now, it's a tonic to see real work in the real world to make this a marketable asset.
Just checked it’s identical amount a rollover.
That could be related to the other, is it the same amount?