Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Anyone here actually going to the AGM? It may be poorly attended if the big freeze sets in. Flurries of snow down here in west Dorset Brrrr. TP
HAHAHA. 1 day of quiet and people question ??? Maybe the weather has taken people's interest with big snow forecast tonight and Friday maybe some taking time off? Been on my way back from a long weekend. Shrewsbury full of kids so maybe schools off too ? Chill out and buy more shares for the kids ISA's instead of buying the kids a KFC lol. Gone quiet lmao.
They are not all sells! Hopefully the AGM on Monday will kickstart some news flow through March.
Any trade above 4.55 is actually a buy reported in red.....
Full of red tday not great volume.
Think its just way under the radar..guess we need some solid figures or Li news to get the SP moving and draw attention to the share
Has all the optimism disappeared again?!
You think there should be an update on this un less they update in the interms
Aftan has made significant progress on further exploration at the mine with the first 100 drill core samples sent to ALS Group as part of the process to better understand the Homestead and Lepidolite ore bodies. 9th Feb
A hard rock lithium processing plant can be expensive from what i believe but that is just a complete guess. Another asset is a possibility, but what asset, geographically where, why a new asset now when work is still to be done with the current mine? etc GLA
They r an investment company and will im sure making further investments in other assets.states this on there websight.may possible need t raise additional funds to make further investments.as 4 aftan would hope that no additional funds r needed t promote this
If i was attending then yes it would mate. You'll no doubt agree that we have reached quite a critical point and that the mine does seem to have moved on leaps and bounds. The question now with that in the resolutions is what comes next as it does look like a fund raiser is on the cards. Is it the fastest way to lithium processing for example?. At least now the guys on here who have not received that form and who are attending the AGM know what they are required to vote on and will have a good idea of what questions they will want to ask when they attend. Always best to be prepared!! GLA
I am here because the current asset is apparently good, producing high quality product and the current shares in issue are relatively low. I can imagine that is why others are also here, because we believe that the mine is operating well at the minute and from historical data we have a good idea of what the lithium potential of the asset is also. This is why getting an answer to the question is important. How much funds do we need, what are they going to be used for, why is the mine not making enough to cover the costs of what is needed?? etc. I'm not being picky, i'm being realistic and we need to know. GLA
So you would vote on something that is quite significant without knowing the exact reason why they wish for you to vote away your rights? That seems pretty bizarre and even more so given certain things that have happened here in the past! GLA
Even more reason to seek an answer then, as without knowing exactly what the reason is you're voting with nothing. You would be simply voting on the HOPE that it would add value. You would especially want to know why a fundraiser is needed when we apparently already have a mine producing and selling high quality product! GLA
You would want an answer as to why they want you to give away your rights. One of the things that is attractive about investing here is the relatively low amount of shares in issue and so is a large share placing to raise funds on the cards which would dilute yours and my share holding?. GLA
With the fact that Giles is very much a 'back seat driver', I won't be surprised if he lets LJ take the brute force of shareholders himself. Resolution 7 is still weighing heavily on my mind.....
Financial Times got interesting write up on global car company's in race to sign up deals for lithium led by 5he Chinese and Japanese
I hope Giles is there. I remember him batting off awkward questions about 14 months ago. We found out later he had lied. Nothing against Larry, he has done a good job imo. He lives at the mine.
It's something you would need a solid answer to. They are not able to buy or sell shares in their company during �closed periods� � the two months before the announcement of the half-year and full-year results. They are also prohibited from buying or selling shares if they possess any undisclosed inside information such as news of a possible takeover, a significant share issue or the win or loss of a particularly large contract. I think they're possibly prohibited due to possessing undisclosed info anyway?? GLA
From what I understand its to allow director buys. However incredibly suspicious that its to pave the way for some big fundraisers..... hmmmm
Mac, thanks for that. TP
Pay attention to 5 and 7. If anyone here is going to the AGM then that is an area that you would want to question and seek answers as to why they want to disapply your pre-emption rights. https://www.treasurers.org/node/3044 GLA
That's the contents of what i received. GLA
1 TO RECEIVE AND ADOPT THE ACCOUNTS For Against Abstain 2 TO RE-ELECT LARRY FREEMAN JOHNSON AS A DIRECTOR For Against Abstain 3 TO RE-APPOINT WELBECK ASSOCIATES AS AUDITORS For Against Abstain 4 TO AUTHORISE THE DIRECTORS TO DETERMINE THE AUDITORS' REMUNERATION For Against Abstain 5 TO GRANT THE DIRECTORS ALLOTMENT AUTHORITIES For Against Abstain 6 TO AMEND THE COMPANY'S INVESTING POLICY For Against Abstain CMMT PLEASE NOTE THAT RESOLUTION 7 IS SUBJECT TO THE PASSING OF RESOLUTION 5. THANK YOU 7 TO DISAPPLY PRE-EMPTION RIGHTS For Against Abstain 8 TO CHANGE THE COMPANY NAME TO KAZERA GLOBAL PLC For Against Abstain