Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
very nice update only 7 days guys to full funding update. gla
funding'
how much fuding have they got? it doesnt say
exactly I would rather him take time to get the best deal possible rather than take the first and get diluted heavily and what not. Hopefully not too much time :)
Too many babies on AIM We will get news if not funding or an update so what if they take a bit longer if you like the company and management then you should have no worries. The people who complain about short term price movements etc are either traders or are after a quick buck. This will come good and come good very soon. gla
would be great if we did get funding news tommorrow because it looks like all weak holders and traders have been shaken out. gla
if we do not get funding by the deadline I will be happy with atleast an update to tell us what the situation is and how long it has been extended to. at the end of the day they are pursuing a new funding package to add shareholder value I do not know about other people but I for one am happy they are doing this. If it takes a bit longer so be it I am here for the long term the only people that will be disaapointed are the traders.
thanks lol
30th deadline has not been missed yet
what is their cash position?
Most of AIM is heavily discounted to NAV. But other companies are heavily discounted and making a profit, OBT needs to pull there finger out and start looking after sharholder value. Release news in a timely manner and stop dragging everything out. Rant over lol
what worries me is that I do not see how they are valued at £17mil mcap, they are producing hardly any revenues hardly any profits., they have limited cash left. The only thing they have is assets which is the same for 90% of AIM companies.
If this is a flush and news hits tommorrow then you can expect a significant rise. only one reason why markets would shake pre-news is if they know what is coming and have large orders to fill (if it is a shake that is).
sutherland it is not out of the question to see a flush before news. these sort of drops are not un-common prenews by market makers. 1 day to find out whats going on gla
the problem I see here is that they just do not release enough news to sustain a rise or interest private investors, and you need to release news especially in this market climate. Global markets are crashing and Obtala coninue to draw out news for as long as possible. I can see Obtala doing well but not for another couple years and might get worse before it gets better.
only a couple 100k worth of sells. market makers really smahsed it down though on a few sells, could be a shake pre-news we are guaranteed news tommorrow.
I think it is a possibilty that the 250k penalty could be negatioted if for the sake of a couple days/weeks. It would be lovely to get the funding tommorrow and there is a big chance it will happen however it would not surprise me to see the deadline negatioated and funding to be completed a dew weeks later, not the end of the world.
that profit showing is false, it is not actual profit it is just a valuation of land. Very decieving.
mad rush into close big finish going to happen gla
major news on a few fronts going to hit before the week is out, this will test the recent high and smash it. First target of 20p