Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Just double checked Blue Ribbon is our small thing license South of Creswick.
Neighbours of ours.......
https://www.share-talk.com/craig-brown-chief-executive-officer-of-ecr-minerals-plc-ecr-l-qa-podcast/
https://www.tmcnet.com/usubmit/-kansai-secures-future-development-migori-gold-project-kenya-/2008/12/23/3874175.htm
12 years on don't RRR give virtually the same gold resource figures?
This is also a Red Rock RNS dated 12 June 2013 were SRK consulting did a pit optimisation study of the Kenyan gold asset. To me SRK seem very underwhelmed by the project.
https://www.investegate.co.uk/red-rock-resources--rrr-/rns/kenya-update/201306121519089058G/
I have a feeling RRR could regret getting these licences back. I'm sure Bell promised the Kenyan government the world. So it could be a bottomless money pit for RRR with constant spending and constant fear that the licenses will eventually be taken away again.
Hereeee we go. Liftoff just starting
Tragic, we should tick up again shortly: what happened to that 0.4p buying opportunity you promised?
https://twitter.com/HedgehogTrader/status/1298994870405615616?s=19
Not bought or sold Tragic. Just sitting and waiting....... I have CLNs and warrants, I can sit and wait.
Do you want me to give you my SOTP calculation for Xmas 20? You might not like it!!
1p might be later today the way things are going.
Interview
https://twitter.com/PowerMetRes/status/1299244085719564288?s=19
Confirms corporate interest in RRAL.
Magic - more nonsense from you. Holding CLNs is significantly more than holding 3% but you don’t understand that and lost all your money poor lad. The SP here has gone up 4x since you’ve bashed it. And I believe there’s a lot more to come. So does the market it appears! How does it feel to be wrong every day? Onwards with the re-rate in valuation here
Is there any point of having a 1p party if we have to have a 2p party straight after? Maybe we’ll roll it all into a 5p party? #staytuned
Stop trying to bully people SL You're fooling no-one here. You don't even have the confidence or transparency to hold a notifiable 3% here. Get yourself 3%, declare it and then people can see whether you're "holding for full value" or not. I very seriously doubt it myself. I suspect you are buying and selling all the time whilst ramping but it's matterless. You're just a lackey stock promoter spending all his time on a chat board instead of sitting back and "holding for value".
You sold too soon. Get over it. I sell too soon on a regular basis: the benefits of hindsight.
I will be holding for full value here. Do an SOTP for Xmas 20 with some reasonable assumptions and see where you get to.
Helpful.............He always fly's Business class and stays in Nairobi's best hotel's.
He can't do otherwise he has to portray himself as a succesful business man.
He has cost RRR a small fortune over the years.
ps And now to Australia.
ps He has been travelling to Australia for years , but as a director of JMS , they pick up the tab.
Hey Tragic, surely you can't be right on this? You insisted to me that all the CLNs would converted once the SP got to 0.6p: given that you are never wrong surely have all been converted and this now a dead issue?
Haha - going nowhere?? You said that at 0.2p! You have no idea what you’re doing. I said the opposite, and got it right. As the old saying goes, follow the money and those who make it. You’ve lost all yours - sad bitter loser. This will keep going up
£47,000 a month on Admin doesn't spend itself ! Takes effort to get through it you know. Bit like Brewster's Millions.
Share going nowhere here. Just waiting for holders of the £830,000 worth of Convertible Loan Notes to get on and convert at the conversion price of 0.6p. Dilution waiting to happen, might as well just get it over with imo.
Golf course as per previous trips?
Currently on his way to Nairobi. Why do we think he might be there? Answers on a post card.
https://twitter.com/LGamblor/status/1298423253673730048?s=19
You sold too soon and too low: get over it. It is best you let it go now, it is only going to get worse for you.
The NC 43-101 will be out soon and then the pre-IPO funding discussions will get started. The Petratherm deal was for A$21mil and Skarb went up 300% yesterday valuing the assets at A$63mil plus. RRAL has far more than twice the acreage and RRAL reckons better acreage.
What the pre-money valuation will be I don't know but it is likely to be north of A$30mil.
DYOR
AB is commiting RRR to extensive costs.
KENYA
Renewed Exploration licence costs. Mining ministry Fees. Pay to Kensai $50k (should be already paid) and $2.5m before Nov.2. And more expense, core drilling and analysis.
A mining license is what is needed, to open a mine in Nianza.
Australia
Licence fees. And again surveys to decide where to drill and analysis.
I just can't believe it. My mouth falls open in astonishment.
Apart from the usual names I never see anybody admit they own Red Rock shares. So I sometimes suspect there must be out there some unscrupulous financial advisors (who are in some way invested in Red Rock) who are telling their naive clients that Red Rock is a super safe stock and they are then using their clients money to buy into Red Rock. So basically the unscrupulous financial advisor gets their clients to buy into stocks that they owns personally.
Of course may be untrue and may be my imagination. But if that scenario were true would that even be legal?
Good buying coming after another good RNS. I think this is the new low base now here, ready for the big rise?