Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
https://audioboom.com/posts/6829264-tlou-energy-tlou-highlands-natural-resources-hnr-and-chris-bailey-covers-rdsb-barc-tw 26 minutes 46 seconds fully interview starts
Great get tweeting then mate:) I’ll shut up and go to work now
Lol sorry forgot the decimal .50% ;) one day!
50% up
No:6 tomorrow then bring on the big boys on Monday is that possible or do we need to wait for anything to complete the drills
Think they called Bob the builder in ;)
Fadec “Plus it's the white mountain rig easy to move before the big boy!”
Just 1 smaller drill I think fadec said last night, quick and easy to move about
Professional outfit this lot they don’t hang around do they, our income stream will be growing pretty rapidly, I guess we would have taken all year to do this on our own
Professional outfit this lot they don’t hang around do they, our income stream is looking will be growing pretty rapidly, I guess we would have taken all year to do this on our own
If that’s true I hope they have to give them all back that would be a massive short squeeze
Dividend is noted on my account at HL, wonder if they have released the info earlier than planned by mistake?
Not on my account?
Could be worse we could have just taken on a massive placing when not even producing like another big share on here, we have oil, gas and income now. We need to stop dwelling on the past and look what a great future we have. Eat sleep rinse repeat, eat sleep rinse repeat that will do me for now till we are on for the next step :)
Could a massive buy order be being filled at the moment, we don’t seem to be falling any lower but the shares are going somewhere?
Love the significant additional cash and without diluting shareholders lines, this is not what we were all expecting a week ago but I like the sound of this new direction, fast and furious will do me for now bring on the $$$$$$
Robert Price, Highlands' Chairman and CEO, said: "Less than a week after securing our financing deal with True, we are spudding our first new well. This rapid development means that we are set to bring significant additional cash flows to our company. � "This will create a strong backbone for our company as we focus on replicating the success we have experienced so far in proving up the significant productivity of our acreage before partnering with major companies to fund an extensive and costly programme. This proven model provides us with a carried interest without diluting shareholders."
Ok thanks Simon, hope so, loosing the will to live with this one now
Did any of the bod actually mention that Cantor are about to release a note or are we speculating on the release as we have not received one yet?
In addition to this improved revenue generation, the Group has successfully renegotiated the terms of the German retail division's contract with ECE. The resulting reduction in rental costs in 2017 means that this contract will now trade more profitably than had been anticipated previously. As a result of the increased revenues and reduced costs, the Board now anticipates profit before taxation for the financial year ending 31 December 2017 will be approximately �1.1 million and Basic EPS will be approximately 4.5 pence. Cash generation in the business has been strong during the year to date and this is also expected to continue throughout the remainder of the year. Management expects net cash for the year ending 31 December 2017 to be approximately �1.25million. Matthew Bending, Chief Executive Officer, commented "I am pleased to be able to report that 2017 has started strongly. The combination of better than forecast revenues and reduced costs along with the positive impact of the restructuring carried out in 2016 has meant that profitability so far this year has been ahead of expectations and I look forward to this continuing throughout the rest of 2017".