Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I'm with you ASPENWOOD.
I don't remember shareholders being so earnestly thanked for voting with a BoD before.
To me it sounds like the positive vote allows them to proceed to the final phase of the asset sale (and beyond into the JV) from a position of strength.
I was thinking along the same lines.
I suppose the thing to do is to play them at their own game.
Sell out and wait for them to drop the price.
dealer55,
If it was a full sale I would say: when the company is sold and the cash is in our accounts.
Now with a significant asset sale and potential good dividends I don't believe it ever will, unless BR (and others of the same ilk) decide to sell out.
Unfortunately, this is a cash cow ripe for their style of manipulation and will be milked for as long as it provides.
As long as it provides it will provide for many of us too!
CTC1988,
Whether your intention or not the sentiment of your post can be perceived as I have described.
You then go on to diagnose my mental health in an effort to validate the superiority of your opinion: another manipulative tactic.
You then try to reinforce this assumed, brow beating, superiority by incorrectly assigning to me inappropriate headgear.
Maybe, an attempt by you to get me to make an inappropriate attack upon you so that you can get this thread removed.
I didn't say that you were.
Your inference is that your disgruntled friend was selling out due to the continual drop in the SP.
A subtle introduction of the subject to reinforce such sentiments within those who's mindset is tending towards your friend's who, with the reinforced sentiment in their minds, may then hit the sell button.
It's funny that your post is followed by eleven (at the last count) green boxes where beforehand there were none.
My observation which is as valid as your post about your friend.
A good interview by AZ with an explanation of the Negma deal, albeit without the detail required to steady many investors' nerves.
Myself, I have great confidence in this company, I feel the groundwork being done is rippling outwards and appealing to more financial entities who, in turn, want a piece, or a bigger piece, of the company .
When this does blow it will be like the fountain at Lake Geneva.
The sleeper wolves in sheep's clothing are now activated and coming out of the woods to try to influence genuine holders to vote against or abstain from voting the AGM resolutions for their masters' gains.
It's time to recognise and counter their threat.
Voted yes via secure message to ii.
I always consider that, historically, the BoD have not taken payment in the form of cash, as per lifestyle directors, but as shares in the company: such is their belief in the company's eventual and continued success.
Mac,
If Dmitri was responsible for negotiating the Rosgeo JV deal then I believe the Volchetundra licence to be a probability rather than possibility.
It's been reported (linked on here) that Northern Platinum applied for it but were refused.
mac,
Does this mean that EUA can sell off UAP as it holds all the licences whilst still having the same share pool for paying the dividend and continue with the ongoing JV?
That would be tidy?