Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Just need GDG to sort out its financing and these contracts should be awarded to GDL!
All so the GCZ approval earlier on in the year with CNPC for 147 new wells
Yup... Particularly like this bit: 'Drilling of an additional 42 vertical wells and 47 LiFaBriC wells by 2020 for an investment of c.US$82 million (US$49.2 million net to Green Dragon)' Thats nearly $100m of business coming our way...
Nice RNS for green dragon gas today, should help with Greka in the future
Yet another year of nothing happening?
But mightily annoying! There are so many options at the moment on a lot of stocks with news imminent. So I guess people are in those. the spread is what worries me. lucky I only toyed with these.
Anyone have any idea?
I don't think that's the actual spread, if you do a dummy buy I am sure you could buy at 2p or a bit lower however still to high to encourage buying! I personally believe it's a waiting game until we get news on Essar and GDG contracts, which hopefully will be soon and material. Cheers James
Have held this share for a few years now. Have managed to reduce my original buying price but still carrying a big loss. What really annoys me is the huge spread this share continuely has, 92% at the moment!! Nobody is going to buy at that.
So it will be the three amigos
Assuming I can get the day off work, I plan on attending.
Was it really? Will be double this year then if we both go
Hahahaha yeh just me!!
Yeah really want to go this year, was there many people there last year?
Hopefully if the date works for me. What about you?
Are you going immy?
little surprised we haven't had any news about the AGM yet as its usually held in July...will ask RG once again this time round, i hope you don't plan to take this private because if you do then please pay me 20p per share and then take it private :)
Jan 18 RNS
It says in the operations update that they were wanting to get contracts with ONGC and Coal India. So maybe them as well as essar
tell me more Mr Chow....not heard of Coal India link before...?
Or maybe coal India
I agree. Essar renewal still to come and its gone quiet but im guessing thats who RG was talking about in advance talks....LOL
Yes and certainly helped my average..... Although I'm not really a fan of trying to drop a falling knife, I think with the potential contracts to be announced and the fact that the directors signed of the annual reports as a going concern I was prepared to take the risk! Let's hope we get some multi year contracts with Essar and green dragon! Cheers James
thats a nice little buy James!
I couldn't resist......