Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Are you still in there, also your thoughts?
If - when they they get the go ahead I still see them going to some where around the 3P mark once they have the permission and Rand contract in place. I personally doubt that they will not get the permission, as there are no alternatives to solve the problem and there would be a public outcry if this did not go through. I do feel that it is now going to be long winded, but will go ahead. If it fails altogether, I then feel that they will take on various other projects (several) as they have been approached already. As they have already got the science/technology sorted out, these other projects could come about very quickly, and will not cost much to do, as I see it for other schemes in other countries they would do them by selling their Science and Technology which they already have and manage/oversee those projects and taking commision etc. So in short we may get locked in in the short term, but have opportunities to gain still in 2010, and for those reasons I will hold and pray. IMHO
Not at the moment sold them a while back,( did ok) but again would like to get back in, but as you know it's all a bit of a juggling act ATM.
Hi, no problems with MTA, just needed some funds ( short term) and hopefully back in there before any news. Generally the whole market place is dropping at the moment so a good time to take some advantage, but generally batton down the hatches and be patient. GL mate
Reduced a few by top slicing,, dropped MTA and AEX both with a small profit ( Will go back in if I get a chance) topped up WET to average down, topped up in SYNC, topped up in RRL, and put 10k in NTOG. Still hold quite a few here looking for 25+, but it could be an uphill climb as too many people locked in and stop losses keep getting triggered. How about you?
Agreed, he's not doing himself or the SP any favours, and I don't think he actually has that many shares if any, but I'm trying hard not to get involved otherwise this could turn into another pxs scenario. Hopefully we have bottomed out around here, and after talking with my wife about all of this I may top up to average down, but I do have a fairly large exposure here already with 35K, and then start saying some prayers.LOL
Thanks tangerine, I have topped up yesterday and reduced my average to just under 1.25, as has CP and some other intelligent people here, which in my mind makes sense in these situations. At least we can all agree that we are all making a loss ATM, which of course is only a loss on paper and not financial, and will hopefully reward us all eventually. Also it's good see that some people are still very confident here with their investments, as they obviously did their homework first and made their own decisions,and are not blaming others and crying in their soup. GL all
It's a shame seeing the downward movement, personally I feel it's just down to idiots overstretching themselves and thinking they will get rich quick then getting impatient and selling up, we've seen it so many times before on lot's of shares. Zedd as you have rightly pointed out, the fundamentals are no different now to 3/4 weeks ago, and in my mind they still have a good project and future. IMHO. GL both
Today we had 2.6M buys on AIM & only 400K sells, on plus we had 4.3M buys & about 200K sells, TOTAL BUYS =6.9 M and total sells 600K and the SP has dropped. For the last few days or so the buys have far outweighed the sells and the SP has basically gone down. The general chat seems to think that an order is being filled, and I disagree with that theory. It's been really bugging me all day/night and my thoughts are that an order is being offloaded which would make more sense, Hale have not moved any more stock since the 7th OCt, and they bought them for only .5p in June and bought them to sell and for no other reason, and they would still be making a very good profit at the current SP. I would not be suprised to see an RNS in the next day or two relating to this. I did not want to say this on regular as I feel we all have enough trouble currently trying to keep things together, I was disappointed with the reaction and lack of comments today regarding my efforts in trying to keep the board positive etc, and in future i'm not sure that I can be bothered to share my info. Personally it does'nt bother me about Hale it's all part of the market place,which I accept but many do not, but I am concerned how it would affect things had I posted this on regular chat. Once this sell is clear ( if I am correct) then I'm sure the SP will recover on it's own back to where we were a few weeks ago. IMHO I would appreciate your comments & thoughts.
Very slow, have you noticed how low the trading levels are across the AIM shares over the past two weeks or so. I don't honestly feel that there is any money out there at the moment, and the MM's are wanting solid figures from companys before they let let the SP's move properly. Just look at NTOG , AST and KDD good things going on but no solid figures. I wish they could just get the GDARD agreement out, then hopefully upwards and onwards. GL
Not long, they have already lifted the SP, 1.75- spread 1.5/2. GL
Small order, but foot in the door/country, and as they say from little acorns........ http://www.advfn.com/p.php?pid=nmona&cb=1256541576&article=40045747&symbol=L%5ETIME
Got in yesterday, 5K for now (186,431 can't find them) but had to pay 2.62 for them, ignored the spread and did some dummy buys in the week to check them out, and currently I would suggest that they are trading between 2.2 and 2.62 ish. Been through all of the links on here and could be a little sleeper who knows. No risk no reward. Also posted on the reg board , and will post on there to try and get some more input from the few guys there. Have a good look through the links, and as always DYOR. IMO I think it has a chance though.
Just done a dummy buy and confirmed quote to buy 2.45 with natwest.
Spread shows wide yes 2-2.75 but buys going through @ 2.31 can't see what the sells are but I would suggest 2-2.2 somewhere around there, so a false spread showing by the MM's just like on WET and some others. Try a dummy buy and see what you get offered?
NTOG started to fall back now, RNS came out 11.24 no reason bla, bla probably bounce around a bit- give it a few days and maybe a chance to get in around 1p maybe. Worth a punt then.- Been trying to find more on RRL can't find anything other than what is already on the reg board, just worried that their time has been focused on their annual report and that they follow it up quickly with update on the Texas drill and we miss a good entry point. Also suprised that they did not use the report as an opportunity to release info, although it would probably make sense to release an RNS after the report giving PI's an opportunity to feel more comfortable with the company. Difficult call, but they are now overdue?
Not yet, lot's of things going on here as you can imagine. RRL- What did you think of their sites and finances?
Keep your eye on this site as well, apparantly reports come there first. http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=RRS
Theres a lot of info on there, I don't understand the technical stuff but their explanations of their projects reads quite well. See what you think. PS I borrowed it from regular.
Wait, I need to sell first, be patient I think they will drop a little more IMO. http://www.rangeresources.com.au/fileadmin/user_upload/Financial_Reports/30693_OKAP_Range09.pdf