Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
If spud will be on the 20th they will have to leave Freeport later today or tomorrow morning. Once on final approach I will take a deep breath of relief.
Chesh, I didn’t manage to see the ship. I am heading out on a boat trip myself on the 19th for a week but definitely won’t be going towards Cuba.
I would have done the finance at 10%
This finance deal had to be an inside trader favour. Who wouldn’t take a guaranteed 15% over a max of 2 months.
This basically means the share price will be pegged down as the 100’s of millions of shares are sold into the market.
The price will drop while this is happening but it makes no difference to them as they will be topped up by us if it drops below 2.3p. A complete scam from the BOD’s
Jim I am of the same opinion. The numbers being used should be the best case scenario of 7 billion barrels.
This is the potential upside of the current area that has been charted. This is the number that the Bahamians need to know.
I am fully aware this is years away from production and proving these potential numbers.
What P1 does is show that they are in the right place and will allow for many more wells and finance to maximize the potential.
Even if you take 1/4 of the $40 per shareholder. The potential is definitely in the ground for a ÂŁ1 share price and we will know soon if we will get to find out more.
The old prices are very relevant Dunnie. The IPO market cap is definitely a future hurdle and it is good to be able to see the whole picture.
The IPO price was justified using the kind of numbers that we will strive towards over the next 2 years. Once a profit is shown we will take a big jump in that direction.
Nell the tea leaves will be more accurate than the charts
Most of the charts are not correct. They don’t represent a true comparison from the historic market cap in any way
No luck on seeing the Icemax by the way. My boat had a hydraulic leak on the trim tabs so had to be taken out the water.
Zag I know Egypt has some beautiful places but the outer Islands in the Bahamas cannot be beaten.
Investinvalue, best way is live in the Bahamas.
Titan i am very interested, ignore others. Don’t let people stop you.
I don’t hate the fund raise but I do think they should have bumped the price a little.
As pointed out by others to me it shows confidence that the court case will not happen however it also shows more evidence that they may be hedging against a Duster.
Glover you obviously don’t understand what has happened so I would highly advise you never to trade shares as it might hurt your brain.
Weather looks good so will go grab some photos tomorrow.
30-40 miles
Definitely looks to be heading to Freeport, going straight between Abaco to the north and Eleuthera to the south. It will be 39-40 miles from me at some point tomorrow. Might take the Nortech out for a boat ride if the weather is good.
27 and sunny, played golf with my kids today. All good, trying to figure out what route Icemax will take if they bypass Freeport
That’s not great, Sebas Bastian is a known numbers guy who was involved in illegal gambling houses for many years. Not the guy I would want helping with a fund.
Just B007 would be good
I would agree that it is likely that the Judicial review will be rejected. Probably Monday we will hear something. I doubt the drill will hit the ground until the 22nd