Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I’ve tried emailing but no reply, they may be busy at this time with many investors but I’d at least expect an automated response. Doesn’t feel great
The only conspiracy I can think of is that the connections we have found between AAL and the board/execs, maybe the suggestion of an offer is to raise the price as it has, then raise money via debt or other methods with the slightly higher price
Why can’t they sell half for £250 million and raise the other half in whatever way? All those bonds we sold last time round. They are throwing shareholders under the bus if they actually recommend the suggested offer once it comes in
Why chesh? Do you think waiting is a risk now? I genuinely respect your opinion
Does anyone know how the recent RNS stating we have outstanding convertible bonds, will affect our 5.5p offer?
Got everything crossed that 5.5p isn’t going to happen. I’d take 10p but this 5.5p surely can’t be our last and only option
Anyone think it’s a joke that the only people who will make money here are the ones who have bought in the last few months. Nearly everyone else is getting shafted
They didn’t bid for a part of the company. They want the whole thing, nobody else is allowed in, that to me says they really want this, they are not messing about, they are making a move and putting pressure on Sirius by stating “maybe a lesser offer”. This is business, and it’s rarely friendly. I’m hoping someone else wants a bite as much as AA clearly do
The facts currently.
There is no offer, there is an intention to offer 5.5p by AAL Anglo American
C Fraser has not recommended this to shareholders, it states “expects to be able to recommend”
I really hope we get another offer or another competing bid, this seems like a statement to bring out the interested parties. I would’ve hope for an update on finance talks and updates on the builds/tunnelling before this
Probably not
If Sirius is bought and becomes Anglo American, what happens to all the local benefits, the money promised to local charities with the 0.5% donated yearly? Has the whole promise been shattered?
Surely AAL Anglo American are buying up all these sales at 5.5 or below? That way, reducing the voting rights that can go against the bid?
You guys are showing your true colours, recommending the wrong shares name.
It’s Anglo American. Not Amur, not Anglo African.
Total scumbags
All a bit strange isn’t it. I’ve seen a large amount bought at 5.68
Maybe this has more legs. Second offer to come in? I’d need over 12p to consider. Over 17p for profit
An offer below £500 million just feels ridiculous. I thought our drills and gear alone was worth over that
The address could be a registration company or an accountant address
Who are Crestbridge?
Careful JR. lots of manipulative behaviour on that. Never a guarantee on that or this that the people actually chatting are invested
Ignore my last message. Info came from Facebook. I am unable to verify