Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Even at this price
This is definitely the last time I put money into an AIM share. It’s a dodgy, very poorly regulated business.
And run by either incompetent idiots or dodgy scam artists who are only in it for themselves.
Another cash call unfortunately!
Then rinse + repeat.
Try and put pressure on LR if you can and make it clear you don't want Toral to be another El Choco.
In the space of JUST 12 months at BZT LR had roughly £5 million for El Choco and then sold it for £400,000 and deemed a distraction.
100% agree noto!
Just took another 5M off the table, MC/LR were buying these on the market @ 0.575 last May - double your money and some. I suspect they'll be buying more too.
Looking get get my holding over 50M, just want to retire in 2/3 years.
with the mcap of 1.6 mln maybe bhp biliton or glencore can use their pocket money now and just buy whole company with its asset?:)seems like a good long term investment for wealthy miner.
He will unfortunately still be attractive to other companies due to his experience. Doesn't matter ref the shareholder value.
In simple terms Look at what Mourinho did at Manu, you think he's unemployable now? He was linked to Real Madrid.
That's just not how the world works
Doesn’t seem a good way of enhancing a CV if as you say he’s doing a poor job
Another one of LR's lifestyle companies - £600K other expenses.
Sorry to see what he's done here with a perfectly good project just as he's done with BZT. He sees his Director roles as pure CV enhancers by building up his experience in mining. He doesn't care about whether the mine is profitable as long as he gets the analysis attributed to his involvement. He will then use this experience to get another director role somewhere once he sucks all the money out.
Difficult pill to swallow I know to feel done, but just take a look at the share price here.
Hope it all works out for you all
Have been accumulating recently and now have a substantial holding.
Considering the progress that’s been made last year I’m more than happy
with my position. The BOD must be amazed at the drift in the sp given the value of the asset, even with a return to a 10th of a penny I will be making a considerable return, it’s just a matter of time.
GL all LTH
It’s good to see it made clear that the reduced operating area has no impact on projected profits.... and that they still have some money left. But not much about how they will fund the next stage, or did I miss something ? !
It’s good to see it made clear that the reduced operating area has no impact on projected profits.... and that they still have some money left. But not much about how they will fund the next stage, or did I miss something ? !
Oily, surely you jest?
Lol...I think he means as there is no PR .....how can EUZ spend on it ?
DW, you can safely assume nothing. If it's not in an RNS then it's unvalidated. :-)
I think I can safely assume that the PR spend is zero.
Ok, thanks. Wondering whether to put some more in here but the funding issue is giving me a cause for concern at the moment. Hopefully this may be addressed in the comms from the company soon.
HI Oiltap, you seem pretty confident that the funding is all in order. Is there any reason for your optimism?
@Oiltap...you think another RNS will be released before end of week on funding before his PR exercise with Proactive ?
Oiltap, that PR needs to be concise and articulate. No messing about this time, it's too important for him to bungle. Any idea when he will be on?
Thanks, got it now. 10 year mine life at 0.5m tpa at 10%.
Oiltap - I can't see any reference to a 5mt model in the scoping study.
What page is this on please?
Bobby, You make a fair point however since the ss was originally being prepared for release, we have witnessed a 73%slide. Surely that qualifies as grounds for some concern. What is being discussed is what’s the plan to move this forward, I would think that to be a reasonable question.