Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
tipped in investor chronicles
that is not the normal trend at all prg does not spike it rises 5% here and there, ussually it does very little on news and then rises afterwards.
an instiution loading up?
Yup a very good deal. They can fast track production and reduces to 4% on just the one mine. Quindell you should stop talking because you have been seen by the board to be a complete fool. Lied about having inside knowledge and lied about know a massive placing was coming. Joke.
Exactly.
quindell you are just mad because you have been shown to a complete liar!!! making out you have inside information whwen really you have no idea by the way what you have done is illegal.
haha yea it has taken him two week to arrange a $15mil package lol
I agree but he is not even stating the right figures
"your deep understanding of financial markets......" Lets face it mat you are very big headed but really you dont much of a clue, instead of picking apart the small negatives why not start picking at the positives. ohh yea that is right you are a deramper.
Matt keep deramping on the sly lol so transparent
"Secondly, the Board considers the proposed terms to be very strong and in direct contradiction to the market consensus that told us we would be unable to do so at this stage of Lemphane's development and would need to issue a sizeable quantity of new shares at a significant discount to the market price to raise new money"
both mines in production by Q1 if anyone missed it
lol you could not make it up priceless
haha here he is the lier!!! what happend to having inside information and saying massive dilution was coming? bafoon
today was just to keep the shorters at bay once that contracts are binding and we have Mothae 100% aqquired that is when you will get the real rise. only 5 days.
bigbite also they the optiont o convert some to 10p and 15p if they want "The revenue sharing proceeds can be convertible into equity at the election of Acrux with the first US$5 million convertible at a price of 5.5 pence per share, the next US$5 million convertible at 10 pence per share and the remainder (if any) convertible at a price of 15 pence per share."
another big point is that a ton of people were saying a huge dilution was coming, do not see any dilution haha some people need investagating by the fca!!
yes babbler as said in rns they need to finalize. the reason for releasing this rns today was to stop the shorters in their tracks. 7 day-14 extension so will be binding by then. and more funding with another party still being negatioated.
yes mate it is not 100% confirmed yet I think philip Manduca wanted to release the news when it was offical and binding but the short attack has prompted him to release this so contracts can be signed over the next week.
Mothae $2mil cheaper aswell