Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
tanking?.... lol
I saw a facts link floating around, I was wondering if there was anything similar that shows potential size of MCAP this can realistically reach?
Currently at 1.2B, how much further can it go? Anyone give a brief view on what this currently prices in?
Market think its oversold, would expect it to remain between 0.13 and 0.15 till finance up. If the market likes the finance deal then we might see a push back towards .17. If the market isn't a fan of the deal we drop further. Either way unless your avg is below .20 or have the cash to average down, good luck seeing any return
Sandy, from personal experience generally it goes on the level on detail in the RNS. Full funding T&Cs generally take a bit longer as it needs to go through the BOD to have everything verified as accurate etc. If they have these prior to the meeting they may prewrite the RNS ready to release on approval but this is generally down to how the company and nomad operate. If we don't get an RNS on the day I wouldn't get too bent out of shape until 2 working days later. We have the advantage of the meeting coming on a Tuesday so we don't have the delay of the weekend.
Not really, how many other miners report every offtake? RNS costs money (although it doesn't appear like that the way they just pump them out). I understand the move to only update if things go off track, its the normal thing to do.
Like most companies you only get the true picture of how things stand during quarterly/yearly financial updates.