Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
@Mike, have a read of this RNS, it may help ;-) https://www.investegate.co.uk/cadence-minerals-plc--kdnc-/rns/employee-benefit-trust-and-share-incentive-plan/202011020706429022D/
It wasn't meant to be a lot...'Director Purchases' got the RNS headline, but it was just enough to distract from the 4 lots of 160k shares they awarded themselves under the share incentive scheme in the same RNS ;-)
The timing was off, but we were basically told a placing was coming in the RNS dated 29/12/21.
"Cadence has already begun work on the next investment phase to earn an additional 7% of Amapa for US$3.5 million. These funds will be primarily used to progress the pre-feasibility studies on the asset."
@Degsie....Smoke and mirrors...KM bought 54,422 but they awarded themselves 640,000 under the share incentive scheme.
As for EV's figures...those who've been here long enough would remember the figures from the Gilby report lol.
Of the 10 concessions, Megalit is the only concession that hasn't had it's licence approved.
The area the Megalit concession covers is approximately 8 times the size of all the other concessions combined.
It's size was the reason given for why the licence hadn't been approved.
KM was talking about breaking it up into smaller chunks with the hopes of getting some of it licenced...Nothing to date though.
Possibly @Barksy, you see a lot of companies within sections of the LSE that you would think should be under a different category lol.
"Result of General Meeting, adoption of Investing Policy and change of name.
Zest announces that the resolution to adopt an investing policy to acquire a diverse portfolio of direct and indirect interests in exploration and producing Rare Earth Minerals and/or Metals projects and assets was approved at a general meeting of shareholders today.
In line with its new investing policy the Company has changed its name to Rare Earth Minerals plc and its new website address is shortly to change to www.rareearthminerals plc.com. The Company's new EPIC will be 'REM' and it expects to start trading under its new name and EPIC effective from 1 December 2010."
@TC, "dev is the amapa mining company/operator… it has a value… where are you saying it’s value sits currently… 100% in pba (jv co)?… where then are you saying pba’s value sits currently… 100% in indo sino?…"
It's not what or where I say the value is....it's where is our value lol....You could apply the same to REM Mexico / Megalit S.A, de C.V / Bacanora (Now Ganfeng), They have a value too, even a FS and NPV....Yet not reflected in our sp for the reasons given to KM in my earlier post.
@Obs, it will be traded to death up and down on any and all news (like most AIM stocks), but until the market, spoken to by KM (II's, Brokers and MM's) validate the strategy it won't re-rate to the dizzy heights touted on here.