Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I have presumed that such a small placing means that a deal will be done in the very near future. I have emailed PC to get his views on this as £100,000 will not last long and another placing after that will be a disaster. He can't be that stupid surely.
I took Big Double's advice and sent them an email. Nothing short of criminal. I am sure they will be found out eventually.
Home page on Scirocco website
Scirocco name
To reflect sweeping changes to the Company’s strategic focus and the powerful forces of nature, the Company adopted the name Scirocco Energy. Adapted from a Mediterranean trade wind that blows into Europe from across the Sahara, Scirocco brings prosperity for traders that seek to capitalise on the abundance of opportunities on the European continent.
Only thing they got right here is that it is based on a lot of hot air.
So one day of good news and we go up 39%. 3/4 days of no news (certainly not bad) and we are back to where we started. You just couldn't make it up with this company. Whose guess what next 50% up or down. Not for the faint hearted.
I am almost feeling sorry for NR now as he bought quite a lot of 'Solo' shares for his retirement and this bunch of scum have rinsed it all away. He never was any good at negotiation but I always felt that his heart was in the right place, not like the present BOD.
So the BOD have taken over a company, changed it's name and changed it's objectives. Why didn't they just set up a new company in the first place? Oh yes they needed to strip a healthy looking company of its assets to pay for it and to provide the cash to do so. It reminds me of Richard.Gere in Pretty Woman.and even a prostitute was knowledgeable enough to tell him he was wrong. He changed his philosophy but can't see our bunch of good for nothings will do the same. Shame on them.
So we get some good news and the price goes up 39% then no news for 2 days and the SP plummets. We should now be easily in a better position than we were when the SP was at .32p. Can someone explain to me what is happening as if I contact PC he just gives me the feeling that he is not interested in present investors but just wants to get new investors.
All must feel the same 44RJ. I have lost count of the number of times I have said on this board ' Just when you think it can't get any worse it just does' and each time I have been proven to be right. I have stayed in here for over 10 years as the company has had the potential to multibag but not whena bunch of crooks are running it. Time to leave with a 98% loss.
Bought a load more here at 4.6 based on what I understood that a deal had been signed only to find out soon after that perhaps it has not. Something very fishy. No wonder confidence has plummeted. We need a very positive RNS very soon or this will go below 3p again.
I thought he must have caught covid, there is so little going on. Or perhaps I am totally wrong and a fantastic deal is to be announced tomorrow. I have emailed him a couple of times and got responses but feel no better informed. Very frustrating.