Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Are you okay mate? Do you need a hug?
Merc 2 was a disaster and no one can deny that
Manaila is in the pipeline once they are happy with how BP is running however it sounds like they want a processing plant on site to make it more cost efficient
Zimb has partially reopened less than a week ago, if, BIG IF, there is going to be movement on the Zimb side of things I would expect it to be into the new year now
Hi MaxHSpringer,
Judging by current timeline given RNS end of last month and final committee meeting scheduled for 15th, it doesn't appear to have knocked the timeline however this depends on the amount of time it takes for the bank to make the drawdown available to VAST. I would like to think 15th would be enough to time for VAST to drawdown in 2020.
From his recent interview AP said no more sales confirmation via RNS, only if it goes below targets previously announced. However I wouldn't be surprised to see some rampy production/container photos on twitter now it is in AP's interest to increase the SP
Perfectly calm mate, I'm not the nervous investor that has to post doom and gloom to get it off my chest a couple of times a day. Happy to hold through to Q3 next year for half yearly report, short term rises mean very little unless you want out ASAP, if that is your aim then good luck and ATB
Well done you can read the share price.
I've stated time and again this will only move once the refinance is done and dusted, I have posts as far back as September maybe earlier stating this. If you don't think the price of copper rising is good for VAST then you should stop investing.
Do you just make stuff up as you go along?
DD is done, first sale completed and 2nd sale probably underway as we speak. Mine is producing and selling and copper prices still climbing. Asset backed finance means that if VAST fail to pay the banking institute would gain 100% control of a producing mine with only approx $10m at risk. No brainer.
- August 22 we had our first pictures of production
- Sept 7th, 150 tonnes confirmed
- End of October 350-400 tonnes confirmed
- Projected Copper concentrate as per RNS 7th September for Q3/Q4 2020 - 644 tonnes.
Going conservatively it appears me managed a minimum of 150 tonnes between Sept and October while having operational issues with the bridge and also no-doubt teething problems with the new equipment and floatation plant setup.
So for some reason I don't think we will have much issue with hitting the 250 tonnes through November/Dec to reach the Q3/Q4 target.
Anymore tripe to throw out there buko?
"im quite happy to wait quietly for rns after the 15th. if its more trash or we have some other trash before then ill probably say something ."
If you could stick to the "quietly" part it would be more than appreciated
Thanks