Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
https://www.thenews.com.pk/print/965484-sitting-on-a-goldmine-of-coal-****stan-can-change-the-energy-game
I strongly disagree...when some say JE is dead...it might be...we just dont know for sure....ceo said no further work at the moment.....that dont imply project is dead and buried ......it is my take....they have just decided to concentrate on NZ due to short of funds,,,thats all,,,,at later stage we will come back to JE imo.....
If you look at GGP's haveiron....newcrest ( on top of my head )....drilled havieron....at certain depths.....decided to give licence away.....only ending up coming back....with £MILLIONS pounds for some % point stake......
Remember we was suppose to drill some 7000mtrs+.....only managed 3000mtrs+.....reason for this was given as...."we hit mineralisation at shallow depths".......maybe they thought they stuck jackpot at shallow depths hence programme shortened i dont know.....had they gone in deeper....they could have STRUCK got better results ...we dont know....."no further work at the moment" certainly suggests..JE will be revisited...maybe when funds allow...who knows........
RIGHT now....we have other game changing ASSETS/PROJECTS.....to get excited about.....
1. N zone GOLD
2. THAR COAL
3. GREEN HYDROGEN
Just need one RIGHT news to drop....pi's will be all over this..imo...
Gold was and will always be sideshow...yes i agree....the way they have broken news re-J East doesnt bode well for us shareholders.....
Question i ask why now?
i think they have been working 1. at N zone 2. in PAK re-G Hydrogen/Thar Coal...imo for them to deliver news the they have re-J East....they must have something lined up from PAK in coming days....well i hope so....
Keith as always good find....put this side by side...with
https://www.dawn.com/news/1681171/govt-plans-coal-conversion-to-gas-liquid-fuels
i have it that....policy was about to be voted on in cabinet by IK's govt...approval was just minutes away...
not to worry....this newly elect govt is in more favour...they will fast track it imo....
All ducks are lining up in PAK.....could be very very interesting next few wks/mths....
james 3 days be4 that meeting...ceo had a meeting with the SHEIKH..
https://twitter.com/Naheed_Memon/status/1526556613393494019
re-closed period...u could be right..dont know...
spiceygoat.....there will not be directors buy yet as per normal.....as they are in closed period....FINAL RESULTS due in about 2 wks time. Before then hope to see decent assay grade results from J East....well over due now.
Key in here imo is the nominal value...which stands at 0.25p...
Clon will not be able to raise further funds under 0.25p....under current circumstances
what could they do????
I would not rule out further participation in AUS with Western Gas in near future,,,this has been hinted at in recent interviews by ceo.....the question is ...at what price?....we need funds thats obvious.....is it possible to do a raise at premium of 0.25p....unless they restructure/reorganise there is no other choice...if clon was to restructure that would take time ( time Western Gas will not have/allow imo ).....other option is loans or swap exchange stake in Ghana and Bolivia with western gas or someone else ( farm-out )....
Risks are higher today than last week....but at 0.10p...it might be worth a flutter for high risk takers.....especially with nominal value being at 0.25p......
Lets see how this pans out.....i would nt be surprised with bullish update be it from either Ghana/Bolivia or even FARMIN in next exploration well in AUS.....there is a reason for quick plug and abandon...save cash ....for next project possibly who knows....
Could take only only one rns....and this goes up 100%+ / 200%+ or tits up....
Play it safe
Exploration carries HIGH risk...EQUALLY rewards can be MASSIVE..
Difference between buying before or after RNS confirming discovery...can be HUGE...
If one was to BUY now at 0.40p and we GUSH/HIT...we could open well above a PENNY...easy 10 BAGGER bare minimum imo....on other hand if someone was to BUY after rns....i.e most likely above a PENNY...chances of them BUYING in high volumes will be near impossible...late comers will make monies...only LESS than the ones already in...MUCH MUCH LESS...
Downside is....if we miss and hit a duster we will fall by approx 50%+....
With this drill/area i feel risk is somewhat less due to 15/17 drills coming in already...chances of us missing out are low....but there....
COS = 32%....my money is on a HIT...lets wait and see....88% chance we HIT and make 1000%+ even 2000%+ or 12% chance we miss and hit a duster and lose approx 50%+...... 88% chance is used as success in area
Fingers crossed for BIG PAY DAY soon....GLA
mannnan.....all i am going to say....if we hit at top end...our share will be approx 2Tcf gas + 50Million bbls condensate.....
Now dont start me on doing MATHS on them FIGURES.....for starters i would need BIGGER CALCULATER my current one only allows 8 figures...LOL...
Joking aside....we all know...this has MASSIVE POTENTIAL...risk is very very small...nevertheless its there.....so lets not get carried away just yet.... at 10p...m/c would be ONLY £230M....is this possible.??......why not i ask especially if we hit TOP-END P10 figures....
also its my take just my take only....rumours speculation alone can give us a BAG easily in here.....next few days/wks....will certainly bring more VOLATILITY/VOLUMES...good thing.....OVERHANG is on last legs....glad many topped up on low price due to placees off-loading....these chances are rare imo....
PLAY IT SAFE
Clon has nominal value of 0.25p...we might drop below..0.25p on duster...but in my imo..it will be short lived...as its in companies bod's interest to remain above nominal value....with other assets/projects....i can not see the drop lasting for too long...
On the other-hand....if we hit the SWEET SPOT....then talk about 10 bags+
4p will equal near 10 BAGS = m/c of £92M...
Everything carries risk....try ftse100....do you remember POLY etc...only recently....from being one of MUST HAVE shares in p/f...to being dumped by big boys......here in clon atleast...REWARDS outweigh risks by a mile....without taking riskd one can not make it BIG.....ELON MUSK from 2000 to 2022 MULTIBAGGED his p/f / assets...from something like 1/2 $BILLION to something like $200BILLION....thats 400FOLD...in 20 years......does anyone think he got there without taking risks....i dont.....
coming back to CLON....15 out of 17 drills in this area have been HITS....thats SUCCESS rate of 88%.....COS stands at 32%....in EXPLORATION world it dont get better than that......after next drill it will be
16 out of 18 HITS or
15 out of 18 HITS
i am going for FORMER..as in this area only 1 in 8.5 drill MISSES...
if Sasanof was to miss...we would be very very unlucky indeed....
ODDS are in our favour...as always on AIM....PLAY it safe as it does carry risk..nothing comes free...NO PAIN....NO GAIN...especially of this MAGNITUDE
After completing Northern Zone gold drill....it took 12 wks + 1 day for ASSAY results to be released to market...
With Jundee East we completed gold drill on 7th of march.....i make it 11wks + 2 days ( as of today )....
They did say 6wks-8wks...but then we had more CV19 delays ( restrictions )....
FINGERS crossed for good to decent GRADES ...to go with shallow depths which we already know....
Also...looking very much forward to update/progress from PAK....re-Green HYDROGEN and or THAR COAL....
considering markets are very very bad atm...imo we have done well to hold above 0.30p thus far....
Good to see MOU signed worth $20M
need more clarity/details...
Fingers-crossed ...for rns monday morning
https://asiaplustj.info/en/node/312102
many on here are either short or looking for better entry point...hence so much negativity...
some claim...AP/vast are bad investment ....to that i say...may it is....but HAVE YOU GUYS seen yourselves in a MIRRIOR....you do more damage to companies rep...than they most likely will ever....like i say in most cases their are motives behind it...what-ever your motives GL......
For those who have invested recently...all i can say.....let the MARKET talk...we have traded like 2BILLION ishares n a WEEK.....this could not be sniffed at.....markets have been bad for last 2/3 years..mainly down to COVID....now due to WAR/POLITICS/INFLATION etc we are not being aided in positive fashion....BUT
There will be and still are some companies....will shine through....due to..ASSETS they own REVENUES they create..PROFITS they make....
IMO vast is on the cusp....past is past...one should be looking at the future.....lets see how company delivers in days and wks ahead...
This is AIM....nothing is smooth on here....DOG eat DOG....no-one is your friend...no-one is out there to look out for you but themselves...ADYOR...and set targets/goals....trading investing is not or doesnt have to be a GAME which is played overnight...one needs to give their trade/investment time.....
I will let RNS's / NEWSFLOW do the talking....ATB
HAPPY DAYS!!!!
mm codes for those who believe
"200" I need Shares badly but do not take the stock down.
http://www.pennystockdream.com/Market-Maker-Signals
Maybe its ..ATLAS who needs them badly