Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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No panic here i won't buy until it drops back into the fours
Must be confident about approval and should hear something before the webinar on " Investor Meet Company platform on Wednesday 22 May 2024 at 3pm BST."
Sounds like you are the one panicking lol
Just chill x
Harry getting desperate now is there a shortage on the signing of finance
Could be a huge placing on the way
That 30 million and others over the last few days would make sense now
Strong buying all day, looking excellent for the next few days and weeks
Everybody is in the know that it is happening.... Except for a few posters here
'Are they in the know?'
Who really knows the answer. They are not normally leaky on news. It muddy's the water a tad as there have been other dumpings recently of over 30 Million shares.
Could we have an RNS shortly??
It does make you wonder?!
Probably fed up of waiting. Are they in the know?
For every seller there is a buyer,
The share price finishing up tells you all you need to know with respect to that large trade
This adds to the story.
Large investor out.
It does nothing to encourage new investors as we continue the journey.
Could you send the link please for telegram group.
Remember Devon Loch in the grand national? Its never over until its over.....
My horse was 'almost over the line' at the Grand National, last year - but he finished third....
The share price is very subdued given finance sign off almost over the line.
A profit is not a profit.... until you bank it.
This should bode very nicely for a nice run up before signing. Positions and top ups being done. Please join the telegram group for a good balanced discussion.
Many of us hold thousands in this and believe we will make life changing amounts short and long term.
Overhang clearing up!
GLA
No when to hold 'em, no when to fold 'em I guess.
Quite the wallop of churn in ownership today. Positions being taken...
;>)
30 mill there.
More broadly, the discovery at Asfingia changes the understanding of Jibal Qutman. Whereas previous work had focused on an 7km section in the original licence area, Gold and Minerals will now test the full 30km mineralised strike.
Management believes the quantity of dump material and the extent of more recent artisanal workings are encouraging signs of a significant, sub-cropping continuation of the gold system. Work by Gold and Minerals at the Jibal Qutman Southeast licence area in 2014 returned grades of up to 66.5 g/t gold in grab samples, and an average grade of 10.5 g/t across all 13 samples taken. Grab samples from the Jibal Qutman North licence area have returned grades of up to 4.1 g/t gold.
KEFI released a Pre-Feasibility Study for Hawiah in June 2023. This was based on existing resources, and demonstrated a post-tax NPV5 of US$301m. It seems likely that the substantial amount of recent drilling and the discovery at Abu Salal will ultimately result in an expanded resource, and a DFS based on a larger operation.
KEFI is going in the right direction.Gol 5.9 -is possible sooner than many think
What’s not factored in?
Additional mineralisation at Tulu Kapi underground: Management estimates there is potential to triple the underground resource to about 1.0 Moz.
Tulu Kapi proximal areas: The area around Tulu Kapi hosts two NNE-trending structures that are similar to, and run parallel to, the Tulu Kapi trend.
Jibal Qutman potential expansion: So far, Gold and Minerals has explored approximately 7km of a 30km trend. The granting of additional licence areas in 2022, to the north and southeast of, and along strike of, the current project area, and the discovery of cross structures (for example at Asfingia) suggest there is substantial resource upside, and ultimately, the potential for greater production.
Hawiah and Al Godeyer resource expansion:
There has been a raft of M&A transactions in the African gold sector over the past 3-4 years, including four deals and bids at the end of last year Ø M&A activity has spread to beyond West Africa; since 2022, there have been deals in Sudan, Namibia and Tanzania Ø Deal based valuations reaffirm the incredible opportunity in KEFI shares
Easy money.
Interesting to see a flurry of buys this afternoon. Surely news can't be coming early...
Agee with the FO re TW.. if you stare at a broken clock long enough it will eventually tell you the right time… however, it’s mostly wrong and its timing aspirations are generally way off ..