Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Chartwise, the new bottom is in and should do well from here. We have the investor presentation coming up and the drilling starting soon. Exciting times.
Not investors, but rainbow chasing traders!
Likely the Sunday roast boys selling at a loss. They usually buy before the podcast and sell the day later.
Those that got in for the podcast are shaking out. Good ridden to them. Should go much higher now without them in the next few days.
Yes. Some points I jotted down...
They are building up the assets to sell. Morroco is the nearterm focus, next few weeks. MOU 3 drilling. Monetisation this year.
MOU3 drilling targets everything. The primary target in MOU1. The sand below that. The 2 shallow sands. Target the sands from oringinal reservoir unit in the original CPR the 659bcf recoverable. Plus other additional targets.
They are smart. They want to prove it and sell it. Find an area to prove up. He gave the example 40bcf. Develop compressed natural gas, no fixed pipeline, sell it to industry. 150 to 200mil dollars. He is very confident in MOU3 coming through as prognose. They can say with greater certainty due to the previous drilling activity and data from those drills.
Lots of companies are interested in their gas and asset. Approached by companies who want to buy gas. They haven't set up a data room yet as they are focused on drilling right now. But plenty of interested parties. They can create a deal very easily, but don't want to offer everything early.
Really great delivery and answers to the tough questions by Paul. Gave lots of clarity to us and what's to come... I am really excited about this now. I was very much in awe listening to Paul!
Looking very solid today and nice buys coming through. Accumulating positions in anticipation of a run to mid june spud. Easy 100 to 200% from current price.
Morning all. Looking forward to the podcast on Sunday with more update and developments. Also the investor show in mid May. Things should pick up very quickly.
Lol I bought plenty on interactive investor online and on telephone
Hi I just put through that 3.196,808 trade using ii online rather than the app and works fine. You just have to click continue when it asks.
I have only been able to buy on the telephone with ii I have made a few complaints and have complained to the bce brokers. Should get resolved shortly.
I had to call ii to purchase shares again as they don't have the online live yet. Hopefully gets resolved shortly.
We have seen MATD go from 2.5p to 6p pre spud past few weeks. Likely that we will be doing similar from here 0.11p to 0.25 to 0.3 as starters. Adv did 2p to 6p pre spud on their last drill.
Brilliant the PR machine has started now! I have added another 4mil today. https://twitter.com/BeaconEnergyPlc/status/1648627036112683015
Lots to look forward to in the coming weeks.
Podcast is on Sunday with further detail and progress updates. Investor presentation in May. Works and progress updates shortly. It will keep getting bought up in the meantime. No resistances stopping this and chartists will get locked out thankfully.
Myself and 3 others have cleared out the 50mil slack today. So things look better. It has shown the trade now.
Lonny has sent a investor presentation invite out for the 18th May in Mayfair. Link below to sign up. Also join the telegram group as he is there. Thanks
https://www.proactiveinvestors.co.uk/register/event_details/425
Still can't do it online. Jokes! But I added just now 5.25mil at placing price. Can't complain as its given me a chance to add more lol. But I did raise another complaint for them to switch online on urgently. They are looking into it. Hopefully comes online soon. But with ig and Hargreaves Landsdown you can buy online.
Doesn't let me put the link. But if you need to put **** then a forward slash PredatorPRD
Yes on telegram the podcasters have requested questions so please join.