Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
From an article in 'Down to Earth' Nov 23: 'China accounts for more than 95 per cent of the coal plant capacity beginning construction in 2023, according to Global Energy Monitor (GEM), a not-for-profit cataloging coal projects worldwide...........Outside China, as of the latest available data (July 2023), Southeast Asia and South Asia have the highest capacity under construction. The report said India (31.6 GW), Indonesia (14.5 GW), Bangladesh (5.8 GW), and Vietnam (5.4 GW) make up 84 per cent of the 67 GW under construction excluding China.'
https://www.downtoearth.org.in/news/energy/india-indonesia-bangladesh-vietnam-host-to-most-under-construction-coal-projects-worldwide-report-93039
Looks like Bangladesh is going to need a lot of coal in the very near future, and there is now enormous political pressure there to supply from its own resources rather than importing from abroad. Is our time finally coming......?
That should be 208m shares in issue........
After all these years there are still only 280m shares in issue and we have a MCap of a mere £2.8m whilst sitting on a deposit worth upwards of £80billion. We're in with the Chinese who seemingly want to develop the coal mine and integrate the project with solar farms. Historical prices for placings/warrants/share options/shares to Directors and consultants in return for fees are way above the current share price. A couple of days ago the near term worry about a capital raise causing massive dilution to shareholders was resolved with a £300000 loan from major investor Polo. There are elections in Bangladesh due in January 24 and there's a lot of recent publicity in the Bangladesh press about using the country's own natural resources to alleviate their huge debt problem......looks like the pieces may be coming together at last........
Did you miss the after hours RNS last night? It stated that GCM were accessing the last £300000 of the Loan Facility from Polo to fund it through to March 2024.....and that PowerChina were extending their MOU through to the end of 2024. Good news that immediate funding requirements have been put to bed and that PowerChina are still keen to develop the Phulbari mine which was an $80bn resource value
....and still the hidden buys keep coming (anything at 0.9 or very slightly above is a buy - top sell price is 0.88). It's been going on all week....is it the Newlands still selling?
Yep.........
Well …… all the large trades over the last few days, including the late reported one tonight, have all been buys (the best sell price during the same time has been .88)….. so it looks like someone knows something….
Yes indeed flundra - the MSP (Minerals Security Partnership - set up to counter the export clamp down by China of its key minerals) has singled out one company in the UK for support - Hypromag (90% owned by MKA)
Couple of meaty late reported trades - looks like the reason for the rise. Fingers crossed for next week
Wow…..Late reported trade for £500k….. that’s almost 3% of the company. Price brought down to accommodate this buy maybe……
Let's see if the after hours trades lift the volume.........
.....and with only 62m shares in issue, and 75% of those tightly held (including 7% by Directors), this has a MCap of less than £4m
Good results again for the quarter. This is now a profit making company with steadily increasing Net Fee Incomes, with repayment of all outstanding CLN's anticipated by end of this financial year. Has £14m of accumulated losses to offset against future gains and the CEO predicts exceeding previously projected EBITDA of £1.25m by 2025.
Just look at those late reported trades…….. follow the money
Jeez To??ers.....this Board would be a whole lot better without your heartless, self-aggrandizing, sanctimonious comments.....strongly suggest you take a (long) break .........
.....and it's cost the NHS £1000's to treat my brother's prostate cancer and he isn't clear of it.........
Toffers.....they may survive prostate cancer but do you have any idea of the angst, pain and suffering that a lot of patients (including my brother) go through with the current treatment. What is happening here is that there OBD have an accurate test for early detection of prostate cancer and, as reported recently in the national media, concentrated radiotherapy treatment over just a few days has a very good chance of eradicating it.
You have a very blase attitude towards what is the 2nd most common type of cancer for men and the shock and fear that any positive diagnosis has on the patient.
Just to clarify, the charges for this prostate test are indeed $950 in the US, £750 in the UK.....it's included in this excellent summary by Alex Schlich: https://lnkd.in/efwAFKHB?trk=public_post-text
I’ve been invested in this Company for a couple of years for its ability to detect early signs on cancer……. sounded fantastic! However, a Company can have the most innovative product in the world but if not many people want to use it then it’s going nowhere. The worry I had with OBD is that they had an amazing product but would the general public want to test themselves to find out whether they had cancer or not …….with all the potential stressful follow-up that that might entail? However, the recent news that a 5 day, concentrated application of radiotherapy can eradicate prostate cancer, with patients claiming it’s as if they’d never had the disease, is a total game changer for OBD. Now the over 50’s will definitely want the OBD prostate test knowing that IF they are found to be positive then there is a quick, painless, non-invasive therapy available to treat it. This Company is on the verge of jointly creating (with testing and treatment) medical history by reducing the number of men that die from prostate cancer - the 2nd biggest cancer killer of men in the UK. Total game changer.
I’ve been invested in this Company for a couple of years for its ability to detect early signs on cancer……. sounded amazing! However, a Company can have the most innovative product in the world but if not many people want to buy it then it’s going nowhere. The worry I had with OBD is that they had an amazing product but would the general public want to test themselves to find out whether they had cancer or not …….with all the potential stressful follow-up that that might entail. However, the recent news that a 5 day, concentrated application of radiotherapy can eradicate prostate cancer, with patients claiming it’s as if they’d never had the disease, is a total game changer for OBD. Now the over 50’s will definitely want the OBD prostate test knowing that IF they are found to be positive then there is a quick, painless, non-invasive therapy available to treat it. This Company is on the verge of jointly creating medical history by reducing the number of men that die from prostate cancer - the 2nd biggest cancer killer of men in the UK. Total game changer.