Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Interesting to see Volume was down yesterday on previous days but price rose the most in one day. Sticky hands meaning more difficult to buy maybe.
Sorry wrong board, must get that coffee.
Who brought us early rns notifications.
True, it is neither more nor less than expected. Imo its issue was justified, since people would otherwise have drawn negative inference. Feeling positive, like most, Gla.
Oiltap. No specific news , but he knows a few pretty sensible , savvy city guys who have bought into this themselves which usually means one of them has heard something good or been given the nod by someone that they can make few bucks
Profit taking or not there is still a huge disconnect between the value of the asset and the company I fully expect the re-rate to continue - next week we’ll hopefully get some further news. Assets growing and so is the sp.
I would have thought we are set for another blue day today! Fingers crossed
Well it is the stated aim of the Exec Dir to dispose of this asset so I'd be surprised if he wasn't speaking to (hopefully) interested parties. I don't reckon Deutsche Balaton are here for what would be a tortuous journey to become a producer, that's a job for a big boy. I was hoping for something from the investigation hole today to give support to the rise so I would expect to see some profit-taking at some stage today, if you believe in the asset don't panic!
Agree666 rampers an derampers turn up then board turns to S..T ...gla
Anything is possible however people have a habbit of dreaming. I just thing the Sp is adjustic back to NPV....
This was rising, people like Apple then come in and reshare old info multiple time to try and trigger a pump. It's really not needed here imo.
Its not GGP or Lion its a small company with an asset.imo
I have heard from 3 x different sources now that T/O talks are ongoing, but I stress "RUMOURS". Wonder if EUZ will address this via RNS? Would be nice to know whether true or not. O'h well should find out in the next 30 mins.
I intend to as just having bought in last month this has went up 30% three times 24% plus other smaller rises plus the latest 47% and showing no signs of weakening unusual for any share but as I posted here before this was flying under the radar and the Bull run goes on still cheap compared to previous highs GL
leader board. Scroll down
http://investing.thisismoney.co.uk/market-data/risers-fallers/
Pi's will be looking at EUZ wondering what all the fuss is about. Well, it looks like a recovery is underway but read the recent update below and it should give you an idea as to the huge potential.
The brilliant drilling update- 15 Aug
https://www.investegate.co.uk/europa-metals-ltd--euz-/rns/drilling-update/201908150700091097J/
Commenting today, Myles Campion, Technical Director of Europa Metals, said:
"This is a great drilling result, currently only visual, but a 12m mineralised intersection supports the theory that the orebody displays a plunging high-grade core, which is currently open at depth. With the daughter hole now underway we will obtain sufficient samples to engage Wardell Armstrong in the first metallurgical testwork on Toral.
"Our technical team will now combine all data to improve our geological model, including the two additional mineralised zones located above the main mineralised contact zone. Once all of the assays are received we plan to obtain an updated independent mineral resource estimate in accordance with JORC (2012)."
Web site
http://www.europametals.com/
Near term ie 1 -2 weeks 0.2p.
Long term/med term 2 - 6 months 0.8p. (2015 high)
Depending on news flow.
Contrarian view. The bigger the fall below 1p the faster the rise back up on positive news? That is why contrarians invest in these 'bombed out stocks' as a recovery play, always with the view that we have chucked our money into a risky bet but with potential big rewards. To a contrarian like myself we scour the stocks looking for just such 'bets' not really investing just taking huge risks. When they were trading i made more money on FRR in 1 month than i did on all my other investments in 10 years. The 'gamble' paid for years of heartache. I can say the same for BOU yet they are still waiting to secure an RTO and recently 6 bagged on speculation at 1/100th of a penny to 6/100ths of a penny. The lower the sp under a tenth of a penny the bigger and faster the rise on positive recovery@
Not for widders and awfuls
Keep your shares people and it can only go one way. New to this one and struggled to get shares at 0.05 as it was moving quickly yesterday. GLA
..... @ShareRisers...... Very interesting
I'm glad you're still here Razel. I've seen your name pop in different ones that I also follow. I'm glad you held your nerve because I was one of the ones that decided to leave and use the little money I had left in the share to trade up on different stocks and claw some money back. If I held my nerve I would have had double the shares that I have now but I'm not complaining...I've got my position and looking forward to this coming good.
Any thoughts on how high this could go in the near term and longer term?
Its very PYC 2018. I like it!
The run over the last 2 weeks has been incredible! I was close to 90% down with the last lot I got at 0.004 on the drop to 0.0012! I didn’t have the funds to buy more at those low levels and am over exposed for my pf size. I had written my investment off seeing £3400 be worth only a few hundred pounds. Now I am
Just over 20% down and close to even and profit. In my opinion part of this rise is due to the lack of sellers as most, like me, we way down. Great rise, still got legs imo, with news still to come. Well done all.
I day trade but also keep a long position holding. I can tell you that 80% of my annual profit comes from long positions, the day trading is far more volatile. I have sold my day traders in here today which I bought on monday for a very nice gain but will be retaining my long position holding as this is massively undervalued and I expect a very healthy return over the coming years. De-risking is key to smaller PI's hence the slight retrace from today's highs, but for every seller there is a buyer and new levels of support form. It's looking very good here but the true winners will be the long term holders imo.
To be fair BackWMan I'm probably a mid-term rather than a LTH having been here for just over two years. Interesting though, I looked up JT to see what he was up to and found a 2017 interview with him saying Jul 2017 drilling results were as good as it gets. Just shows that from that success over two years ago what it takes in time and money to get where we are today. People getting in now at what I strongly believe is the end of the journey should be absolutely laughing.
Yeah Croz, I came to that conclusion at close of days trading. Good on you for making some money.
Gla
I think we have all done that before mate. This share is hugely undervalued still, so no doubt your blunder will be covered..
Lol B1. It’s a lottery. I sold all mine at .0072 and bought back in at .0064 so I’m happy but to be honest was it worth the stress when it started to rise to .0075 And I thought I’d blown it... no You’re right day trading is just too stressful
LR stated way back (before all the new news that's been talked about) that he would 'consider' selling for £70 million so divide that by the number of shares in issue and you get 0.0058445354 so over half a penny should be anyone's target price FOR STARTERS! With all the aforementioned news to come would he really be happy to give it away at the same price? Of course not! It's not rocket science. Institutions don't get involved for beer money. Hold tight and they have to raise it. I'm holding 75 million and I'm not selling a single share at these stupid prices. DYOR!