Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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I came here for a chat and instead I get all this rubbish - again and again.
Godders, Latics and all the rest, just sell the loft (that the 'F in Lot') and leave us alone.
Looks like a sheep, sounds like a sheep then probably a sheep - baa baa
11.35p
' ooeer, spot on there stillneedoil
As you say yourself Godders
If looks desperate and sounds desperate it’s probably desperate!!!
If you are comfortable then stop F@@@ing whinging get on with your life
Boboil
' dearest desperate elderly overleveraged godders
Godders99,
11p !! Are you sure? On my screen it shows £2...you better change your screen matey.
January 2030 ?
You will need to wait until January to get a better idea on the share price. Some warrant holders will be selling shares to have the cash for exercise.
Nice when someone promises and they deliver on to those promises.
They said the same to me, it arrived the same day.
Further news: Just heard from Barclays that they will put the usual Exercise option on accounts by the end of the week.
Reading the problems others have had with their brokers, l will give a shout out to Halifax. All seamlessly executed. I moved to them after being with 2 hopeless brokers and have always found them very helpful and good with the administration tasks.
Thanks Bear. I have been onto them with messaging so hope for useful response soon. Will state result here.
Sorry Whackford, my response should have been to you, not Diccus. Busy head day today... lol
And there are a great many milestones to achieve in such a remote place with next-to-no relevant infrastructure.
Remember, the Shenandoah FID was delayed from 2020 to 2021, but got done in a much tougher macro environment. Just saying keep watch for the other milestones before the Sea Lion FID. Pinch of salt.
Patience.
Hi Diccus, i rang them at 10.55 and the guy wasn't sure what to do, but he did say he would chase.
I got a text that same day at 15.53 saying there was new corporate action and I sorted online that day.
I would ring them again.
Hi Bear and Diccus. I'm with Barclays and just been in contact re warrant exercise.
In short, corporate actions team seem to know little about it and seem to think that it is up to RKH to say when exercise is allowed - which is nonsense.
I hope Barclays soon get their act together.
Hi Oscar, so what your sayings is if they stick to a timeline of FID in 2024, then we can expect , long lead time items acquisition; drilling contract signed off; FPSO signed of; maybe a partner coming onboard and then debt and equity raise all prior to FID.
So things could start happening thick and fast in 2024. Along with the OM final hearing all I can say is roll on 2024, it might just finally be the year of the rock!
Fingers crossed.
LTT
At ir.navitaspet.com read the Shenandoah Financial close Presentation – August 2021 very carefully. Slide 6/12.
Sea Lion will have some similar milestones.
Patience.
Excellent should have more confidence in myself
😜
Boboil. My post was not aimed at you. It was for the clown who has been saying 20p soooooon for well over a year now.
Apologies for the confusion.
Bigfred.
Bigred
Thanks for the insult
Only posting rising to beat godders to the 11p and falling posts
Happy to take the banter but not related to MD Garbled or any of the others that normally get your attention
Take care
Boboil
More bluff … or should I say guff ?
Yup head in the sand.
Promises promises
My broker DeGiro exercised the warrants through thier Custodian Morgan Stanley. They told me the following:
"We have received a message from our Custodian indicating that the warrants can be exercised. However, you will then receive the new shares at a later stage, expected around 15 January 2024."
I then lodged a formal complaint and then received the following reply:
"We are in contact with the Custodian, as we are currently exercising the warrants. In all likelihood, the new shares will still be tendered within 14 days of exercise date, this is (fortunately) considerably earlier than the expected date of 15 January 2024."
Within a couple of weeks the warrants were exercised and then it took another couple of weeks before I could trade the shares.
So there are custodians who gather all the requests and then exercise the warrants in one go after the 31st of December. It saves them a lot of handling that way. Only after the 1st of January RKH can put this in an RNS.
Yeast_is_Rising