Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Big volume day compared to last few weeks. Anyone would think we are back in the MSCI looking at those large chunks.
SH, you were kindly prepared to let us know why the price has fallen since the loan announcement on Tuesday. Given the price is more or less identical, perhaps you could tell us why? According to you other more knowledgeable investors were heading for the exit, but again that's not true, is it?
You suggest long term holders on here are 'desperate', are you sure? From where I sit it's you who appears to be getting more desperate by the day.
SH, you say 'the price has dropped since the announcement of the loan', but it hasn't really, has it?
Is potty mouth polly still at it? Saw the green boxes between the others t**ts
He’s such a sad little bitter and twisted galah. Probably tastes like chicken only bitter. Put it on ignore is the best cause of action.
Needy...
The bitter investor, lost money on BHP , DGR. locked in, on higher SOLG price. . And that's just what we know about .
Buys and sells on a friend say!!, who is apparently in the know. 🤦🏻♂️
Gets locked in , on a high, and sells low.
Twisted and bitter Needy, I pray for you. 🙏🏻
May SOLG return all of your losses on its sale.
Needy
I didn't state honest opinion.
You sayed.. I finished with IMHO .
I was just a imo .
No honesty mentioned. Lol
Fort.
Wow, you forgot to mention solg is down 3.3% on tsx.
Are you now the number one negative news censor.
You've much competition
Cmg.
Ffs, What do you think finishing your posts with "imo"
Mean.
You've got it.
It means in.my.opinion.
Wow, look at the volume on TSX. Never seen that in the first hour.
Something cooking for sure as suddenly big blocks going through here and across pond.
How the price is being held is anyones guess.
Got to ask yourself why the lender has not been disclosed.
Would this have an impact on the M&A Discussions?
Why were 2 Non-excutives brought into the Board in February, with previous M&A history with the Chinese shareholder?
Things are going to move quite quickly from now on, 9p BARGAIN - Many Many multiples of this very soon
GL ALL
Needy.
Firstly I didn't say ... In my "honest"opinion.
And that's all each and every one of us, can say on a chat forum. It's all individual opinions , cause anything else could be misleading.
Facts?? All the facts are infront of you. Search and you shall find. .
But You won't , as apparently you have all the answers.
I now understand why you are so bitter about SOLG , if you bought in on the last 30p+ spike .
I like , debate and positive conversations. It brings balance.
But sadly .. until the day SOLG goes bust or has a sale.
You will just be a thorn on this chat forum.
GL needy .
Jesus need a shyte, sell up and eff off for your own good
And ours
Don’t forget NAL, poor old ramper bay gold can’t even workout what he’s buying never mind trades he has no idea about.
Why let the truth get in the way of a good ramp……
Anyone rember the classic 50k top up, which turned out to be 5k because he’s blown all his dough……🤣🤣🤣
Byronramperbaygold never does…….🤣🤣🤣
Well done fort.
I wondered who the first clown of the day would come foreward.
You clearly win, how many have you got now.
You must be getting close to the other major topper uppers.
Mrtit, hfh, bbg, and redknight.
It's like you have a competition.
You also clearly know more than the money makers and dealers, who won't touch solg shares with a barge pole.
Well done you.
Cashmygiro.
Interesting you finish your posts with "IMHO".
The issue is, FACTS interfere with opinions.
And your wishfull thinking posts like many others posts, are woefully short of facts
That's me all topped up.
Someone else getting stuck in too.
There's a stack of buys lol!
Bbg, I must of missed something.
All I can see are four 400,000 and one 200,000 sales, all within a 10 minute window, around 1430hrs.
Afternoon Stack .
SOLG will be sold , for the best possible price . Giving all shareholders a good return on investment.
I believe in what the company say.
The reason for a loan...
Jeez how dare they, is to keep the lights on for now.
Its not because of anything sinister , it's what exploration companies do.
Bring on investors or take on loans to progress, as no income can be made.
But you already know all this,
Stop with the fear mongering...
Solg is letting the world know , it's for sale , be under No elusion.
If present shareholders want to bid, they can.
Do they want to become, just Share Holders . If another company buy Solg out?.
They have been waiting patiently to strike on the cheap. Can they afford to let this slip now.
The kid gloves , are off.
Everything we see happening now, is turning the tables ..
Solg is still holding all the cards. Imo
Must be stackhigh? Finally realised what a f*wit he is and bought some
Huge buys going through
Two more!
For clarity, I have the answer. I'm just interested if the hyper-critical rampers who won't accept any realism can see it too.
Great to see slug imparting his usual intellect to the debate, but the question remains. Why has the market responded negatively to the news of this loan? Why hasn't there been an increase in buying, if the company is to be believed about a strong possibility of a major finance package? Anyone?
Here's the para from the $150m Franco put on table in 11th May 2020.
"Concurrently with the entering into of the NSR Financing Agreement, SolGold and Franco-Nevada have also entered into a US$15 million secured Bridge Loan Agreement ("BLA") of immediately available funds as an initial advance (the "Advance") prior to closing the NSR Financing Agreement. The full amount of the Advance will be disbursed by Franco-Nevada to SolGold today. " END.
So quite possible the same has occured again but Bob and Co have instead decided to keep the entity doing the loan hush hush.
Franco's finance package actually completd 9th Sept 2020. That's when $100m was made available for draw down.
So quite possible that a finance package could be RNS'd in next few days and then cited to complete in September 2024. That would see a window of opportunity for various interested parties to counter offer or propose a better way forwards.
So don't be surprised if you see an agreement announced very soon with completion set for September.
Why don’t you mind your own business? Better still go play with the traffic on a motorway