Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Giles...thanks for the summary and the point is that folk are impatient "GS shouldn't say soon etc and nothing happens" possibly yes he shouldn't say that, but the CF is with provider and they dictate how long that will take to sign off , if they are also looking to invest with an AUM even better, if the CF is Blackstone then thats not a bad catch 311billion of AUM and they invest in ALGW at 3m MC, unfortunately people are annoyed that the SP is not at 10p already as they expected the sign off by now, so the investment is not what they expected...nothing wrong with that they have tried to speculate that the CF would have been signed and that spike had occurred so they could have exited and moved on.
yip and wondering if by issuing these shares that they have actuary in place and ready to go which provides Colva with the necessary shares for there work which is required...was thinking that might be the delay on the CF sign off..
Thanks for the feedback from gilesfitzh and jgj99...appreciated.
At least they are aware of the timeframe delays if they are actually delays, they could also be trying to line up the CF sign off and the first AUM to arrive shortly after the sign off, certain spects have all ready been greed with the provider s per 2nd RNS and the legal teams are involved, so is it a case of when not if?