Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I'll have a listen tomorrow, but what's not to like with cora? I actually can't think of anything at the minute.
'Personally, I base my investment decisions on an analysis of the alignment of the pyramids and numerology, but that's just silly old me.' You sound like the ideal candidate to buy into my 'Magic 8 Ball' portfolio (it's outperforming my pension fund believe it or not)
Apologies Darola, you obviously also make a valuable contribution to the discussions, and who can forget investment advice such as 'girrup there sausage' (Was that one of JW's?) :-p Besides I'm not talking to you lot as you threw me out of the Twitter group
My last buy at just under 2p looks like a cracker doesn't it? I should start holding classes on timing your buys.
FSJ - firstly thanks for the report, I think people should remember you are a private investor under no obligation to post anything at all. I get the feeling you enjoy writing them and it's nice to have a more personal view of your experiences. Uncle Duster - spot on and articulate assessment of how a gold miners sp should act IMO, but here's the problem...people invested here should, and undoubtedly do, already know this and they shouldn't need it spelt out to them, but thanks for taking the time. And I would think most people here don't have a problem with others expressing frustration at the lack of SP action, which moves me nicely on to.... Border T - seriously, build a bridge and get over it. You're worried that the sp isn't reacting 'properly'. Well I can point you at another couple of my holdings where the sp is acting something a lot worse than not going forward to my liking, and for no apparent reason. Here we have a valid reason for the non advancement on first gold (some ii's selling out) and we have a good reason for it not going forward yet (lack of data for new ii's to be interested, still a short mine life, gold juniors under performing in general and, wait for it, lack of momentum) Some people predicted the sp on first pour (myself included), they were wrong, show me a bb and I'll show you several dozen wrong price predictions. Some people sold out (strider jumps to mind) and they were right, well done to them. If you think you have the balls to get out and get back in when the momentum comes (and you may very well do with your 30-40 years experience) then go for it, just please don't keep looking for confirmation on here, it's getting on my wick. Do what you want but please don't come on here every day posting the same thing day after day when you have had responses to your concerns. Take note of them, ignore them or whatever, I simply don't care. Other posters who make valuable contributions (TBTT, noeasy and tomcorvid Spring to mind, but there are others who I've missed) - please keep posting just to keep me sane if nothing else. All IMO, DYOR, terms and conditions apply, contents may vary from those shown on the packaging.
Indeed, sell some, buy some, don't do either or sell the lot and retire to Maui, I really couldn't give 2 hoots. If the BOD do read this, could you please issue a RNS so we can at least change the subject.
A few of those were mis reported bed and isa’s I would say
Awesome, thanks for that, I'm sure I'll enjoy having a read of it this evening. May even go the whole hog and print it!
Strangely enough I was at the Natural History Museum on Friday and spent a good couple of hours in the minerals section looking at, among other things, some striking examples of gold veined quartz. Its surprising how visible the gold is in some of the examples they have on display.
I agree re takeover. By the time we have the data required to make us attractive enough for a takeover said data should have lead to a bit of a re-rate (touch wood). To paraphrase Mr Rumsfeld potential buyers will be dealing with known known's. where as we are trusting the BOD to deliver on known unknown's. Goldfields still own a reasonable chunk (circa 6% IIRC) and as far as I know they paid alot more than 35p for it, I think most of the ii's that wanted out have sold out or are in the process of doing so. If they (the selling ii's) thought we were a serious takeover target at present why wouldn't they have just held and sold on the takeover? Want my shares at this exact moment in time? I'd be looking for around 55p and that price will go up as we get more info.
Like the budgie, but then again I thought these were cheap at 2p so WTFDIK? Answers on a postcard *scratches head*
Recent Macquaries commodity cycle chart for your delectation https://www.businessinsider.com.au/commodity-price-cycle-forecasts-macquarie-bank-2018-3 Bullish on nickel, cobalt and copper (along with uranium and gold) and tin looks set to be in a good place in 5-6 years.
I actually don’t have my notes to hand but based on the last results I think we’re looking at a pretty decent mine life. As for costs I would guesstimate itro £100m, I also think there may be a deal to be done with wolf re processing. HUM recently quite easily raised circa £80m for a gold mine with an initial 8yr life span and BKY haven’t had too much trouble securing £120 odd mil for their U3O8 mine at the bottom of the cycle. I think the quality of the resource is such that it won’t be a problem All IMO
Sirius have got the whole 1,000's of jobs, northern powerhouse thing going for them as well. But then again they do need to raise �2bn or whatever it is. I can't see SML having problems raising the funds for Redmoor even without gov backing to be honest, it will be peanuts in comparison to SXX
I’d get one of those driverless cars if I were you, I hear they’re the future. Let me know where these guaranteed rising investment opportunities are and I’ll have a quick look, cheers
41g/t wow Not a priority but a nice little thing to have on the side, I do like this little company, good future ahead IMO
Might be better reading about Liberia
Me too, and I'm struggling to get quotes to buy, will try again when I get to work!
And as for sentiment on AIM (particularly with miners) I’m sure the Beaufort debacle hasn’t helped
Ah Mr T, I agree with everything you just said, apart from perhaps the comparison to SXX who are playing with far bigger potential sums, a somewhat unknown commodity and a complex build (although to be fair we are a potential British miner with a savvy Ausie in charge) I think CornishKnocker posted some potential sums re Redmoor this morning which at first glance looked quite feasible (although I was on the hoof) We could potentially be in production in 5 years and if we are looking at circa £45m pa from RM with a circa £150m build cost, a decent mine life and predominantly loan financing, even if we split it with our partners that could easily be a £150-200m mcap IMO Somewhat similar to the boards prediction nest ce pas?