Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
But when we are, you can rest assured that Gerwyn will be selling a big chunk of his NEW stake in the company before you get w look in.
Locked in until he’s finished.
You might get a look in at selling for around 0.0002 if you’re lucky.
Disclaimer: or thereabouts
Before the resolution he owned roughly 20% of INFT
Post resolution he owns roughly 80%+ of the company.
Can’t blame him as it was the shareholders who voted for it.
Whatever next ? : )
Again, you seem to greet my comment with utter contempt and in doing so, add your own spin.
If you had a brain you would not be forgiven.
In this case i feel i need to elaborate...
Hypothetically, a notional figure of 1p for one INFT share would regain all that has been lost in ventures elsewhere on the AIM.
Does it make sense now ???
It would not regain is all the nights out (and days) and takeaways over the years. : )
If I average my losses to a point where I break even with my investment in this company my average is almost a penny
One can only hope but best not to hope at all as that could hurt:
If you came from where came from.
: )
Makes better reading than Fyozez post’s
It’s informative, educational and wonderful to see that some have a very good grasp of English language. : )
What part of that link are we meant to copy ?
It doesn’t work .
Ok mate, you win, you very intelligent and you have a bigger cock than me.
Now what ?
A fact is, I certainly don’t claim to be a “savvy investor.I’ve lost so much money over the years that I’m probably very close to the bottom of the pile of “savvy investors”
That is food for thought when you happen to be invested in the same company as I.
Now choose a hole ?
And if you keep on investing in companies like this you may even end up selling one of your holes ?
Doesn’t bode well for you and your investment does it ? ; -)
Fyoz,
I replied to your post last night with a little elequence but unfortunately forgot to send it
This morning I can’t be bothered, so you can poke the calculator in any hole you like.
You stated yourself about a £17.8 million number where I merely rounded it off to £20 million.
Who cares about exact numbers here when you and I both come up with the same conclusions.
You can continue to argue my posts as you have been but nothing changes the fact that thereabouts or exacts figures still show that Gerwyn has taken up the slack for himself.
The resolution did not need the involvement of his £10,000,000 notional gain at 0.004p
It’s simple maths and common sense to see what’s gone on here and I don’t need a ******* calculator for that.
You and I have both been mugged along with everybody else invested and the best possible outcome at relist is that it holds at 0.004p and climbs with any news.
Don’t know about you but I don’t see any news that’s going to take it there other than seeing it for what it is and expecting a drop.
Simple maths not including shares already issued..
£ 10 million \ 3 =. £3.3333 million, equating to around 0.0014 approx ( closing price )
Other shares £2.5 million / 3 =. Your £888 k ( or thereabouts )
Who cares , but add the two and it’s still over where we were.
This is all bakanced in the valuation of Transgas so all we can do is hope that the market agrees with that valuation + almost another 75% and we might get our 0.004p
What Gerwyn should have done is issued us with a share for share holding. But no.
You lot voted yes to his scheme and I’ll sit on the railings with my safety jacket hoping for the best that the ship don’t go down.
As for minimum market cap, well that will just open up the rules and regs for INFT when we drop below the threshold that’s allowed.
I'm doing a basic sum in my head and rounding it off for gods sake.
I'm not asking or trying to give exact figures, what's the point ?
The example is you came up with a digure of £17.8 million when I rounded it off to £20 million in my head as a thereabouts figure.
I think you are arguing about the same thing which is basically mathematical semantics.
Opening at 0.004p can still be a main market valuation whatever way it goes. But if it goes down, does it automatically suddenly not qualify for the main market or do a whole set of new rules come into place for the company ?
You put your own spin on my comments as if it's total nonsense where in reality it's a very real possibility.
We shall see what happens no doubt.
Gerwyn is a greedy bastard who never actually needed to issue himself with £10million worth of shares.
We could have passed the resolution without that happening.
YES I KNOW WE COULD GET A THREE TO FOUR BAGGER ! before you say it again.
He gets 20 ?
Working backwards though his issue to himself is only really worth around £2.5 - 3 million if it reopens at .0014p
You can shove your exact calculations up any hole you like as this all depends on where it opens and which way it goes.
I shouldn't grumble as I'm looking at around £30 odd k if it holds at 0.004p but it's all notional bollox until it happens and that is the question we are all asking without an answer.
One thing is for sure though....
Gerwyn you greedy bastard !!!
I mentioned the valuation of £17.8 million (around £20million ) in an earlier post.
It’s only plausible if we know why.
At the moment we don’t., and we are only guessing
If we are only guessing then 1p and 10p are plausible..
What exactly is plausible in your view ?
My vision of plausible is that Transgas will be very successful indeed:, so 10p is plausible in the not too distant future.
What isn’t plausible IN MY OPINION is the valuation of almost £20million and Gerwyn taking up the slack with the issue of the shares to himself to make up the deficit in the valuation.
We invested here to hopefully bag the profit ourselves as you would and expect:
Instead, Gerwyn takes the ******* lot as said before on a notional value of 0.004p.
If we are lucky we get a three to four bagger, and we should be grateful for this, but the scales are wrong...
If it doesn’t go to 0.004p or higher, then Gerwyn technically with basic maths, takes a 80-90% chunk of your investment for himself when the company opens up 95% down and stays there. Because that’s the true valuation.
For all of our sakes and patience I really hope I’m wrong of course:
Until the time the directors actually tell us why. ( that hadn’t happened yet)
And you lot voted yes to this ?????
Fcucking Jesse!!!!
10p soon guys.
Then onto £1 with no dilution, just Gerwyn giving up his shares for us.
Sound oil went to £1 (SOU)
Gerwyn will inherit the shares.
I didn’t vote.
I thought natural selection would prevail like it does with anything else that requires a vote around this place
Ps, UK ????
So £10,000,000 issued out of thin air to himself makes this a good deal on a notional value of 0.004p
He could have been fair and issued us all with a share for share gesture as we are investors in his company And technically own a part of that company by investment.
No, give himself £10 million and fcuk everybody else..
We have gained nothing apart from a notional value of 0.004p on our shares.
All I can add as a positive is what I have always said about the company and the potential here that indeed a 0.004 valuation could hold on open and rise.
£10,000,000 fcucking joke, can’t see us getting a 20 bagger just yet.
I wonder how many shares i'd get in settlement ?
: )
Enough of the jokes.
Nothing I have said is libellous for starters, merely my take on what has been put in front of us.
Mind you, I’m open to him trying to be fair, that will give me a step up in life as far as I’m concerned and I’d enjoy the publicity.
You lot though might not be so happy as his lawyers would be taking it out of the company.
Taken a bite out of the eighth slice.
Greedy bastard
And how much of the pizza did they pay for ?
I’m not against giving to the down and outs and regularly do if it gets them through another day but don’t agree with giving Gerwyn seven slices of eight slice pizza after he’s already taken white out of the eighth slice:
I hear what you are saying Fyoz and already get it.
We get the peckings, that’s the deal.
The pizza may or may not be fully loaded but thats the deal.
Well why don’t you explain it all to us rather than bitch about us bitchng about being SHAAAAAFTED !!!!!!
Go on ?