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.
You do ramp and not just on this board. Here's you not ramping Kea last Saturday: "Very interesting ..........He is very confident that he will find oil not water this interview is very well to the point if we strike 100000 barrels per day it's valued at 500 million ."
Friday is Dee Day,its most likely pack a suitcase, rere has information that the market hasn't by the looks of his post not a good space to be in for IGS and the BOD...
£435 trade... KEA must be worth all of £10k then...
£450 trade and it drops by 8.57%? come on really...
I belive there is a deal going through for farmout Shannon as we speak plse guys don't hold me in to ransom it's only some information I manage to sniff using the words carefully .....i don't ramp but this looks like we will be out of the woods remember they have extended the crowed funding week ago when irgs in town this guy is good cutting deals on the 11th hour ....
So good afternoon Ian, hows the crowd funding equity raise going so far? & have you any ideas when the rig might be scheduled for the SHANNON drill? 'afternoon John it's been a very encouraging week up to now but we can't speculate on any figures regarding the £3m cash raise as it's being dealt with through Dar..er I mean primary bids & we won't know till later this month' ok Ian so your feeling confident about the placing then 'yes were all very excited about the SHANNON prospect, we've spent £20,000,000 in 5 years so far on the PUKA area & have drilled holes, shot 2D & 3D seimic & this has helped us define this new prospect SHANNON' Ahhhh I see, so what would you advise investors to do if they had any spare cash? Would you be recommending them to load up at under a penny, in the open market, or would you you say to hell with that & recommend them to participate in the crowd funding opportunity, at over a penny, to raise £3m for, ahem working capital & the SHANNON drill which is flavour of the month but no rig date available so to speak 'well the waihapa field adjacent to our acreage is producing up to 10,000 barrels a day & the chance of success is 20% due to all the work we have done & the DOUGLAS well has been looked at again plus there's limestone' This sounds very positive Ian how do you propose to spend the summer in Westminster? are you looking forward to wandering round Soho drinking in the bars & clip joints or will you be busy, looking to do something more constructive & proactive to 'create shareholder value' which you mention so often in the RNS releases..
if you have seen your cash unnecessarily incinerated by bad management, and then the ashes turned into 10% of their volume only to be reinvigorated and expanded by 300% and all for no extra value for the holder of the original stake of coarse you are going to be active to alert the unsuspecting of further danger ahead for the little that's left. I hope they can raise the 3 mill it will cash them up to cover the litigation pending, complete any plug and abandon, maybe another trip to PUKA for a look at what may have been, wont be much left for getting back into production so will spent it on meetings ect. as the BOD look into Shannons eyes and wish for hope,you are looking into the BOD eyes and wish for luck, l can tell you its not on the way...
TOTALLY agree kea will achieve the 4 mil irgs have 60 mil in his bank thats his personal money which he got the deal from rift petroleum as soon as he will tale a punt by 21 st of may sp will rocket there is no question about this mm are doing there bit with a massive spread like hoo,,,,, legs......... at 18%
Thanks for your post agreeing with me I know that KEA in trouble and pretty sure too about They are trying to get out They will manage to survive as they are sincere People not robbers as some think I don't post here regularly as some do every day without fail no matter what time is it Their main concern is to degrade this firm one way or the other I don't take notice at all and wish all the Share holders a bright day which is not far and hold on. Nothing to worry about Good luck
I'm with you! Not sure where the derampers get their stamina from - I would not be posting at almost midnight! I suspect they're working shifts! Yes, KEA is in trouble but if they can raise another £2m they're laughing! What I wonder about is who's paying all the derampers to post all the crap... If KEA manage to attract £3m the SP will rocket so place your bets and ignore the idiots.
someone is accumulating massive amounts at £41 a time.. ISDX is on fire too.. 15/05/2015 10:31 GBX/ISDX-exn New 400 0.87 14/05/2015 09:47 GBX/ISDX-exn New 32,480 0.85 13/05/2015 15:46 GBX/ISDX-exn New 2,240 0.85 11/05/2015 08:48 GBX/ISDX-exn New 75,382 0.93 11/05/2015 08:46 GBX/ISDX-exn New 100,000 0.93 08/05/2015 16:06 GBX/ISDX-exn New 8,065 0.93 08/05/2015 16:01 GBX/ISDX-exn New 93,915 0.8 08/05/2015 14:49 GBX/ISDX-exn New 78,633 0.93 08/05/2015 13:20 GBX/ISDX-exn New 5,000 0.93 08/05/2015 11:51 GBX/ISDX-exn New 8,700 0.93 08/05/2015 10:04 GBX/ISDX-exn New 10,316 0.95 Primarybids.org must be knocking themselves out with the volumes of share bid traffic..
of all the horror movies Kea would have to rank up there at number one, the sheriff of Notingham would be proud of IGS and his BOD the way they have conducted the demise.
by removing more post"s..haha you couldn't make it up..
the old Kea CEO chappie, Parkes that friend of a friend IGS installed pretty much destroyed what was left of Kea when he was in charge, now over in Singapore at MORL, lets see how long that can survive.
Jimmy2, are you holding out on us ,you better come clean and tell us what you know that hasn't ben published.Shakey provided a short basic description, is there something he or she has missed. Looks like that Shakey has it very much summed up according to the information released to date or has something be overlooked that maybe important.
Some people talk only rubbish here as they got no Knowledge about this firm and will be sorry latter for sure Best of luck to the share holders
KEA Petroleum PLC - "We've changed the odds in our favour" - 1 hour ago https://www.google.co.uk/finance?q=LON%3AKEA&ei=K8JUVcG7AZaRUIKHgJAH
it appears not to be selling at these prices even below crowd funding prices ..... ohhh dear ....aimho
Very amusing price has been brought this low - it's clearly to deter the PI from taking part in crowdfunding (which is now at a premium) and maintain the status quo of the bucket shop city boys only club for stock flipping. The retail trader loses again.
Massive spread will make the punters desending towards crowed funding platform
IGS hasn't got any money to toss away on this so we cant rely on him as a source of funding any time soon this century , this whole exercise with Kea including 20 million GBP of shareholders cash, not to mention any capital value the company lost has just been an absolute train wreck since IGS appointed that Parkes chappie as CEO..friend of a friend with no idea... he was a sister of Shannon no doubt. there isn't any hope of any salvage here need to bulldoze it off the line and haul on through
Love to be able to read all the removed posts from this board. Not sure it would make pleasant reading. A lot of us have lost money with this company....but never mind he who I must not mention (or my post will be deleted for being defamatory) will still be drinking his unearned Bollinger!!
every man & his dog knows what the cash call is for & it isn't for drilling it's just not enough, the money if raised will be used to cover expenses whilst they spend another 6-12 months trying to either sell what's left or continue with the lookout for a farmee..the RNS quite clearly states 'working capital needs of the business' Aside from all the removed posts of disgruntled investors etc etc the facts remain that IRGS & KEA are skint & the bank facility will be exhausted soon..lets be hypothetical & assume the £3m is raised, then it takes time to book a rig, get things organised & cover the approx £200k per month overheads..the answer is they have no intention of drilling they would be better off having a small cash raise to get the PUKA fields producing again now oil price is back on the up, then go for a drill but of course IRGS master decision maker is in charge so any logic goes right out of the window..
This guy knows how to make money why didn't he drill the puka 3 drill to same limestone target why ...... because he was holding Shannon closer to his Hart knowing meo management don't understand what is geography is .He kept his drill to make him good money I mean solid money oil strike is proven and it's not one resavour it's two targets he is going for . There is as much as negative in this drill but all so look at the upside as when puka 1 was drilled no one expected to strike oil but the share price spiked for days I can remember walking in to a mercedes show room and buying my first c class. Or it could have been the other way ......good luck and happy drilling
excuse my ignorance but it seems they will spend a portion of the money on wages or have iu read it wrong ....really ?