Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
**** To all new investors ****
Bens Creek is MASSIVELY UNDERVALUED - We could see stratospheric share price rise of 700% near term.
- 2 agreements in place already
- Another Agreement RNS due IMMINENTLY taking us to 1 million tonnes production.
- Production Start date RNS due by December
- If we get 2 or 3 more agreements share price will be blown out of the water.
Working on a PE of 4 and at current coal prices we will have a market cap of around 550 million with the 1st Three agreements with 2 already in place.
The current share price is merely the start. There is currently a massive disconnect between current SP and where this is heading
Kay that’s a conservative market cap. With current coal prices, we could be looking at 550 million market cap which is a stratospheric rise of over 700% from these levels once we are producing and making our first load of cash.
This is going to get bought into heavy next week and wouldn’t be surprised if we smash through 30p by Friday……
The Sunday roast will bring a lot of new investors in also and Ben is on a lot of peoples radars. Happy Sunday all and really looking forward to the next week of stratospheric price increases.
I think anyone buying in now is going to be having a very merry Xmas.
Hi mate
Google finance only uses the last trades share… so it could use a price from a trade 48 hours before.
Download ADVFN app on your phone and use the free app. You’ll also have access to the ADVFN business board too. The app is free but you can upgrade for more features
Mcap £57m @ 16p - this is now slightly higher
Next 12 months CEO says BEN will produce 500k ton Met coal
All in cost $95pt
Ben will make over $150pt profit after all costs.
$90m profit
X10 $900m Mcap
or
£2 SP
It’s not a rocket science why SP will FLY
Met Coal ath $317pt