Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Maybe but doesn't reflect well on Royce Peeling Green Limited as this is the first financial year after appointment (RNS Feb 23)
I wouldn't say FCM is exactly a complicated financial structure to audit. Maybe that was the reason for the meeting in Toronto, scoping out a new auditor ?
Hey Gloope
maybe I’m matching you with optimism but wasn’t it conspicuous by its absence any mention of asset sales?
“Listen Sarah don’t mention the elephant in the room as we’re close to a deal , I’ll give you exclusive interview next week “😁
Maybe you were right a a deal could be done quickly 👍
As much as I’m invested here and would love to see it, I think you might be a bit optimistic there Gloope mate.
I think the reference to a couple of weeks was for 79th to do due diligence on all the data held for the sites, after that negotiations might start in earnest, I would guess at least six weeks before anything comes to the table , although 79th will want their ducks in a row quickly if looking at IPO this year
Just my two cents mate
Cheers
Looks like it will be acquired via imetalresoirces
https://imetalresources.ca/imetal-resources-surrenders-kerrs-gold-deposit/
Latest interview from last day of PDAC
https://www.youtube.com/watch?v=AXqqRHA5bU8
“As for Zigzag, initial grab samples indicate a 400 m long core area with over 1% lithium oxide. Channel sampling further substantiates this, with one channel showing over 5 m at over 2.5% lithium oxide. While we have already received offers for this property, our philosophy prioritizes conducting an initial drill program to consolidate potential and increase the overall value. With an initial modest drill program now completed; striking a balance between advancement to add value and preserving potential is imperative. “
Interestingly offers already received, I wonder what valuation will was turned down?
Link to article
https://www.gbreports.com/interview/marc-sale_1
Well that interest didn’t last long, can’t even say it was profit taking as even buying at bottom and selling out over last couple of months (maybe 3% )not much on the size of trades going through yesterday.Good job we didn’t put out a poor RNS, though in this current market the Sp would probably go up 🙄