Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-bulletin-board-heroes-november-15-9a3a574/
9min 30 in
I think we're all quite relieved this mornings interview was so positive. I thought the most important point was that the relationship with SBS is still strong, hopefully putting to bed the injunction scaremongering. DC seemed extremely upbeat and hopefully he will follow up later this week as stated at the end of the interview.
Thought I'd jump on your thread Knigel as the other one today is yet again full of bickering
He's clearly got his reasons for selling at a loss.
To be honest I've been close to offloading a few recently due to other commitments.
We're all living through a complete s***show at the moment, covid, recession, inflation, War, need i go on.
Whatever his reasons, I'm not one to be spooked
I don't see what the big deal is
Ranjit took a cash option mid October in shares, 4 million to be precise, and he's been gradually offloading, so far 3 million at a small loss. I'd be more concerned if he sold up completely in one hit.
My sentiments exactly.
I never really thought Sunday night in November was a great move in the first place. Like you BC Im not disappointed with the cancelation and prefer to look forward to future events.
Hopefully DC will return from Korea with the final pieces in place to release the Broker Research Note.
If the event is a success with fans and it breaks even, then it will have been worth while. The music industry is all about exposure, and if run well this concert will help with the brand building and pave the way for a very profitable 2023
Tinting
There's definatley more than 20% sold
The arena standing area will be almost sold out and that will equate to at least 40% of the overall capacity, plus it looks like a good 25% of the seated area has sold. Rough estimate 50% overall
As I stated when this event was first announced, it will be low key. Its a gap filler for the O2. Anyone who has ever been there will know how difficult its is to get home on a Friday/Sat night, let alone a Sunday. Doors opening at 5pm lead me to believe acts will be on stage by 6:30 and the concert will need to finish by 10pm to allow people to catch the tube home.
IMO the reasons for low ticket sales is the day of the week and the late announcement.
Hopefully we will achieve at least 60% tickets sales, which will fill the event out and hopefully break even. Profit may come from merchandising
Simple
Headline "Legal actions initiated against a fake event that announced it is inviting WINNER, Pentagon, Weekly"
This implies the concert is fake, hence NME had the good sense to remove it, to avoid legal action.
When fans see articles like this they will think it is a con
There may be some dispute over K.Flex linking itself to Kpop.Flex, even though LVCG own both, it could be the partnerships DC set up. Hence the delay of the Research Note.
But the concert is definately not fake.
What a crock of ****
So according to this company with no visable presence anywhere on the web, they claim to be the main partners with SBS , and the organisers of all Kpop.Flex festivals ?
My guess is the are a tiny two bit company who had a small part to play originally, and now things are taking off they want a larger slice of the cake.
Personally I'm not too worried about a report on Bizoom?
NME is a concern, but they have pulled the article.
I also think the owners of The O2 would clearly take offence to anyone claiming they were staging a "Fake" concert.
For once I agree with you TT
When the preliminary calender was released in July the SP plummeted due to the TBC status of Cape Town,.
Cape Town Formula E being confirmed is big news, which needs an RNS to stimulate the market.
Bricklive Toulouse is a bonus but not likely to have any major impact on the SP.
You have to ask why do they do everything possible to keep the SP down ?