Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Gill, i dont want to debate....how, why, where and when because i dont know what the bod's intentions are but my original point was that in the absence of the valkor money and in the absence of sp enhancing news...the bod need to look at ways of extending what cash they have until either or both of these things happen.
As far as future money is concerned it will be dictated by news. I would like to think that msc may help with funding as they are a cash rich company.....they might not but when we have clarity of when the trial is going ahead there will be quite a few routes available to get money....one would hope that dilution would be at a higher sp than now.
Im concentrating on the next 6 months and getting the trial going....what will be will be with funding thereafter.
Gill, its not something that concerns when msc give us the go ahead.
In fact, im hopeful that msc will come up with some funding if we need it and you never know, they might become a major shareholder😊
Wishful thinking maybe but you never know.....and what a boost it would be!
Nothing ruled out.....just got to get that go ahead confirmed👍
Come on gill.....cash will not be a problem when we get the go ahead with msc.
There should be plenty of avenues when that comes around....just need to get there🤗
Red...you are talking complete bull as per usual😁
There are hundreds of cases where the bods have converted all/part salaries into shares or deferred salaries to preserve cash on aim and even the ftse.
A couple of examples are amc, sar, mlvn, see....although it might not be a regular thing, i have witnessed it a lot over the years when money has been tight and dilution would be heavy due to a depressed share price.
So it does happen and without a material rise in sp or an influx in revenue, its something jm and others should really be considering in the next few months.
If they dont....its says more about them than the shareholders requesting it but ofcourse.....
If things go to plan then it should not be needed🤞
I would have no issue with that amount of money or even more if qed was a profitable company or even generating some decent revenue.
However, the financial position is not so good and why i have asked them on a few occasions if they would consider salary swap or defferal to get us over the hump....no reply though😀
We expect an update on morroco before the agm, we hope for news re msc, valkor or maybe even asia soon but i would think if theres not much concrete news comes by the end of the month we should email them en masse demanding they do something about cash asap.
Its easy for them to ignore ofcourse but if enough of us do it and state we intend to organise ourselves for a challenge then you never know.
Its getting too late in the day but what to do....JM has had 20 years of being very well paid by qed so should be open to giving something back....imo🤫
I have not got a clue who is arguing with who now😂
Ffs jm.....get a decent rns out and bring some peace and harmony to this board✌
There's only one thing that i am absolutely sure about with qed.
When we see some positive posts from Vince then we are on a winner.....dead cert😂
Yes and she's been consulting with qed for a while but im wondering if this asia opportunity has come up and as she is from that part of the world with a good rep....she has been brought in too push it through.
I like the idea of having someone from that region on board.....with a fair eind she might become an executive board member👏👏👏
Has anyone done much research into VBL?
Im kinda hoping that she has been brought on board to push on the asia opportunity...would be nice to see her having a quick win👍
It works both ways mc......you might advise onlookers to wait for clear cut news but the sp could be 3p then.
So they think....damn i could have bought at 1.2 and its gone up too much so i cant buy now.
Next thing you know the sp is 15p and they have missed the chance of a lifetime.
It does not take much work to figure out theres been a lot of false dawns here but thats why the sp is so low.....win to loss ratio is very good imo but i doubt there will be anyone counting their chickens before something definite happens👍
Im losing now but i still quite like the chances🤞
Btg that should say, hopefully some decent news coming our way soon enough anyway.
Be nice too see jm giving it some large at the agm👍
Lighten up Vince.....your gonna be a millionaire😂
Im still wondering how qed have become quite cosy with bfl, more to that than meets the eye imo.
The rumour going around my house is that Prince Salmon has asked for a seat on the board and jm has quoted him one billion....hes considering it🤦♂️
If its a successfully completed trial with good results or an indication of good results then it would nearly be enough for me but i would hope to then hear some news out of the agm that real progress has been made on the fuel agreement.
Other elements of good news could come from utah, south america or even asia👍
Just give us 2 or 3 bits of good news in a row for a change.....not too much to ask for🤷♂️
A takeover offering 10p or more will soon sort that gap out or even the tripartite agreement and a comment from msc that they are happy with qed progress😃👏👏
Morocco is important, thats granted.
But i would be very dissapointed if we dont get a good update on msc.....either out of the agm or preferably via rns.
Come on qed.....stand and deliver😂
Who cares how anyone looks at it, the point kurly was making is that the company has underperformed and thats why the sp or mc is so low and im sure he does understand.
Anyway, lets just hope that we get some decent news on msc before the year end and coupled with a good result from morocco will do us just fine👏
Im at 2.5 but would settle for 1.5 before xmas if there was some concrete news to take into the new year.
Funny saying that i would settle for 50% higher which would be a dream in some shares but that shows the discord on what we think and the market thinks.
So....its up to the bod to change the markets opinion🙏
Haggis topped up😂
The permit was expected then and maybe they have it and waiting approval for the steam injection.
I am surprised they would not drill in december....i know its cold then and maybe this would effect the steam but its a surprise for me.
Anyway, lets hope for news of finance at least👍