Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
It looks like we'll get monthly production and sales updates from now on.
So during October we had rough revenues of around 150,000 dollars. If coal prices stay around the $145 per ton mark (South African price) If we do hit 3000 tons per month then that would be $425,000 per month revenue.
Listen Google boy I worked in the rukwa area and the long rainy season starts mid march and ends during May
Mid March the rainy season begins.
Rainy season is 4 months away and only lasts for 2 months. What ever money we are making on the coal sales reduces losses and delays placings. Then EDL can find a greener project and possibly sell off the rukwa coal asset.
Just need to keep the momentum going now. Monthly updates would help creep the SP northwards. Then the big new project update!!
Betting long or short?
Very sad news about Andrew. I'm determined now to hold these shares until the day edl turns the corner and achieves what aerial believed in for over a decade.
See you all at 1.6p in about 3 weeks
I've been investing in Aim for years let's see who has the experience tomorrow.
10% drop on the SP tomorrow I believe.
Sorry 4.4c in Oz not 44c but maybe soon!!!!
44c in Oz so we should be trading at 2.35p on AIM which is last placing price.
ASX price 4.2c so that should put us at 2.25p on Aim.
86k buy from the 7th reported late Friday showing as a sell. Looks like the SP will be moving north from Monday on.