Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Share price is now below where it was before the very positive sales update two days ago. Seems crazy. Be interesting to see if there's anymore late reported buys come through today or tomorrow.
This week's RNS mentioned that the output from cascadura 1 is currently restricted by the surface choke size. Looking back on comments on the board there was reference to output being below expectations and was wondering why the surface choke size used is too small if production is lower than expected?
Apologies in advance if I have got a hold of the wrong end of the stick, I'm trying to understand the lukewarm reaction to what seemed a positive update. Clearly the negativity around the over promising in the past is a factor.
And you took the time to post this because?
New year and you don't change.
Yeah. Of course you do.
Positive presentation. Healthy cash position through to end of 2024. Comment that directors have been advised that they still are unable to buy shares is interesting.
The main driver for the drop today was the large seller continuing to offload. More patience required until they are finally cleared.
The confusion regarding the early RNS this morning didn't help.
Neither does the general market malaise but today's update stated that the company is cash positive is a key investment consideration in this market.
What? Do you agree that it was a great interview? Reading your incessant negative comments on here its obvious you are not invested. The company's chequered past has given a platform to self appointed experts to dominate this board even when the company has finally turned the corner.