Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
This is the NCCL board so I won't get into GGP but what I will say is if it was the gold find of the century Newmont would of gobbled up the deal immediately, not extend and then bottle it completely. Writing was on the wall. Anyway back to NCCL
Yes we may be waiting but the chances of the good news here are much better. It was never gonna end well over there ,this on the other hand .....
And by that I mean the likelihood of a deal happening
*a joke
Was that post joke ? Its like comparing apples and oranges
Steven your buy was via nex - 108,402
Looks like the big trades will be going via NEX today
Realistically today would of been the last day to let shareholders know about an extension. I've never been so happy to not see a flashing red dot !!! IMO we are all systems go for next week GLA
test
Will hopefully make mincemeat of 26 at opening on Monday
A few pretty hefty trades after the bell. Looking like buys to me
Would help if the RNS was actually showing on LSE
Completely agree LD, Hillside are no mugs. They must be assured of getting the 5mil back by the end of the year considering how light the went on the terms of the extension. Suggests to me that monetisation of the project must be close
Anyone heard from Arsenal ??? Lol
Well said
"The loan will be extended to 31 December which will allow Minoan to monetize part of its stake in Cave Sidero which is clearly worth a multiple of the current £20.3 million market cap." Loveing this section JSCSC - indicates that Min will look retain a stake and hopefully a small one at that ,with the larger stake ending up with a major
Great news - financing sorted and an unappealable PD in the back. We haven't had many good weeks holding min, but I think its safe to say this was one of them.
So we are in agreement then, sell a large stake and move on.
I agree Scotty, I am hoping they either sell the lot or JV with an organisation with the knowledge and experience of these types of projects. I suspect it will be the latter with min retaining a small stake in the background, the reason I say that is I can't see them wanting to let go of the lot after 26 years of graft.
Taken from advfn in response to the EIA and don't forget these articles are originally in greek so don't always translate easily. "Scotty, Yeah - I read that article too. So the confusing part is SEPA,Environmental Impact study - approved or not approved. My take is this - The Strategic Project has spatial approval or outlining planning consent including environmental approval based on footprint, golf course, etc. Although there is an agreement for a 1% footprint, Minoan now needs to specify exactly where each building sits, etc. Same for roads, etc. The plan was, no doubt, detailed anyway however they could amend some points before the more detailed approval. Project has already been approved by Regional Council, locals want it, etc. There are numerous new overlapping laws and these are the very first strategic projects"