Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Thank you, RMM! Missed that when I speed read through this just now.
Bill
No mention of 1801 for COVID. What do others think? I’m sure they must still be looking to progress it.
And….! Another 2 million sold showing as a delayed trade….
I hope someone out there doesn’t know something that we should.
Bill
My goodness - someone just sold 2 million shares at 24p. A big sale. A bit surprising as I think we are (hopefully, finally) at the bottom now.
Bill
Hello Vanilla,
I understand your question and I'll do my best to ask it if the opportunity presents itself.
Bill
Hello Jayber,
Yes, I was in contact with Petrunka at AVO who kindly sent me an email confirming that I can attend. Probably it would be safest if you email her as well just to have a spot for you confirmed. I'll send you a direct message with her email address. Let me know if you don't get the message. And, I'd be happy to meet up before we attend.
Bill
* Am I the only one on this board who is going?
Thank you, Vanilla
I did have that table copied into my own research notes. I just didn't join the dots up that some warrants had already been taken from the 20.5M @ 25p.
And, I called Charles Stanley this morning to purchase an additional 100,000 shares. But, they could only immediately deal in 50,000. I've got them on the hunt now for the other 50,000.
I just emailed AVO to check I don't need to register to attend the AGM on the 29th. Am the only one on this board who is going?
Bill
* Jayber
ayber: I appreciate your enthusiasm, but i think you are jumping the gun a bit. Its been a small rise and I'm not reading too much into it (yet).
Vanilla: Are you please able to say with which investor/institution those warrants sit?
Assuming the share prices stays in the mid 20s, its looking like I'll top out at about 550,000 shares. Naturally I hope they give a descent return. I do think the picture here looks much better now and the share price looks set to be driven by more 'whens' than 'ifs'. I see a lot to like. A novel/disruptive product, cheaper and more effective than the incumbent competition, close to be fully working, validated and regulatory approved for sale. Which will allow existing sales to be formally booked (and I think revenue to be progressively taken as they move through manufacture to delivery). And, achieving the near term milestones will probably see more sales drop - I'm sure AVO is talking to other prospective customers. Plus, quite a lot of warrants at 60p equal to about £50M.
If everything comes together, this could be in the range 60p-£1 by the end of the year.
Thank you, Max
And, I bought an additional £8k this morning also
Bill
I hope you are right Max and I’m making the same assumption. In fact I bought an additional 50,000 shares this morning and plan to buy another 250,000 in the next couple of weeks.
Interesting. OMass is one of my customers.
I took a quick look at that. Its showing as me needing to subscribe to read the full article. Otherwise, I'm looking at the first couple of lines only.
Bill
I’m a 30 minute train ride away from central London. I think I’ll probably go.
P.S. is anyone on here intending to go to the AGM?
Bill
Tried to buy a further £10k of shares this afternoon, but I couldn’t make the trade. The largest size of could get was a lowly £1k. I’ll try again on Monday.
P.S. Does anyone have any ideas on where the share price could land with a fully working 230MeV system, the regulatory approvals in hand and the 6 sales all formally taken? I've got my own ideas, but I'm interested to know what others think.
I noted the recent Hardman & Co 161p fully diluted)analysis.
Bill
I just went in for another £10,000 . Now sitting on about 300,000 shares with a 30p average.
Hoping that the up and coming milestones will lift the share price.
Bill
Thank you, Potnak and HBD.
My prior working assumption had been late Q1 for the results. Obviously it would be great if they come within this year.
B.