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.
DJ you promised us you were not going to post ever again so please jog on mate and grind some coffee and annoy your punters, sore loser or what get over RMM and move on
Not a lot mate, just usually ramblings of a mad man that could be interpreted any way and then give you the ability to write ‘I told you all’.
What did I tell u all
It sreems to me that TB used the high copper price previoulsy to spend heavily in proving the mine's resources. This was successful and the overall value of the mine was increased to potential invetors. He wasnt terribly good at controlling downside risks however. This has got the business into cashflow problems, whihc is the classic way that otherwise good businesses end up failing. He realised his mistake, and persuaded an experienced finance professional to come on board, even to take the plunge to relocate to the end of the earth! She is now committed to sorting it out and TB is allowing the bean counters to call the shots. To be fair, I dont think this scenario is all that unusual. Fingers crossed the potential investors and/or Newgen are convinced.
Thats considerable savings! That would put them at near debt free after 3 Years! And even sooner if Copper continues to rise like people are predicting! I am guessing these are things that Lenders are looking at for refinancing!
"This process is targeting cost reductions and improvements in operational efficiency that the management expects to yield cost savings of up to US$1 million per month.!
Chicken shagxxers anonymous
What number?
Great
Depend hw u look at it to be honest they got enough copper yes less staff but not whole work force
Longest they snare suspended stop any nonsense happening so it’s best time ever for rmm really is.
Copper about to boom don’t forget rmm still mining. They not stopped they making profit right now
I had to read that twice! Ha - I am hoping that this can be sorted out sooner rather than later! But the higher Copper goes, the better for us as investors and RMM. GLA
AJ, Maybe wise for RMM to remain suspended for the maximum time possible while thoroughly reappraising the situation and putting in place all the necessary operational objectives to ensure that share-devaluing surprises remain rare - in contrast with the frequent bouts of bad news - by prudent financial planning that accounts as fully as practicable for its strategy; then, and only then, will confidence return, and benefit from a rising copper price.
A pitty we are suspended as these copper rises would have been good to the share price over the past week!
Cookoo
"Be ready know o hope I are it’s time"
That reads like something from the man in the green box.
Be ready know o hope I are it’s time
How many toes have you got, Jonny?
Go on then lets hear it.
Until we have the next step news there is little to discuss
Simple as that
GLA
Just shows that despite the know it all's on RMM that they no more than the novice being sucked in by the so called investors of experience and the field that RMM operates in ..
Hope the ones believing the garbage these guys/girls have been posting learn from the lesson on this ..
https://discord.gg/zdpsYrME
Hi Diamond. Feel free to join as above. We need all the PI’s we can get so it all helps!
Hi MAD8, I still hold 700,000 shares and would be keen to add those shares to your discord group. Any thoughts on how I can do so? My previous posts will show you my views on the BoD and TB. My only uncertainty is whether they are fundamentally dishonest or just completely incompetent... or both.