Member Info for Eish

Any body have any news "when"? It would really help this sp. There are whispers POG will move sideways until after the US election?

From Mining Journal and Jonathan Guy recommendation: http://www.mining-journal.com/commodities/gold/uk-gold-companies-still-a-hit/

Are we going to break 22 pence today?

Gold u to $1275 earlier today from a recent low of $1250. Are we in a new up-swing for POG?

Up and down like a Jo-Jo today. Get the impression she wants to go UP, tho! November RNS will release this share is if they decide to proceed with the tailing plan or the POG goes upwards.

I think the project will go ahead as it entails no hidden risks, imho? They have the opportunity to re-work a above ground valuable resource (Winkelkak, Kinross, Leslie, Bracken mine dumps - from 1954 ) and done 2 successful projects (recycling old dumps) and certainly know the pitfalls. My gut feeling is that the DFS will be positive.

http://www.proactiveinvestors.co.uk/columns/the-commodities-week-in-a-minute/26336/commodities-week-in-a-minute-not-quite-an-australian-weatherman-plus-aca-aau-fdi-and-poly-26336.html

Agree, that was re-assuringly good, Mike! I like to hear if there is any b_site! I noticed one of the other SA CEO's so confident and it all fell apart, just hot air on that share! This is a mugs game on AIM and one needs to use ALL your senses, just the same as in Medicine mate! So much we don't know behind the scenes.

Nice set of results and a good tick up!

To sustain its performance into the future, the company is firming up a Definitive Feasibility Study (DFS) for the development of the Elikhulu Tailings Retreatment Plant for gold at its Evander operation. The DFS is expected in November following which the board will make a decision. “It is a very big project relative to our size, and it could be a game-changer for Evander,” said Loots. As it stands now, this is how the project looks: Screenshot 2016-09-21 17.04.35 It is the estimated capital cost that looks daunting. At R1.7 billion, it represents 27% of Pan African’s current market capitalisation of R6.4 billion. (The share rose 4.5% yesterday to R3.45 per share). Loots was keen to point out that this would be the fourth retreatment plant the company would commission (should it go ahead) and “we have had some good success doing this.” Barberton, for instance, was paid back in 18 months following a R325 million investment, and the existing Evander Tailings Retreatment Plant is on schedule for a four-year payback period. Mike, this looks like old news?

Read: http://www.panafricanresources.com/operations-overview/ Under the Evander section? You are right, my source says they are still contemplating going forward But did mention figures (to be confirmed ) 50,000Oz for 14 years to go ahead with money raised by Structured Debt Loan?

Will see if these are available yet and possibly exactly when

Funny how this share kept steadily climbing, day after day and suddenly - nothing! In spite of the POG spiking upwards! Has anything changed or is there a problem or negative sentiment from somewhere? AIM is truly unpredictable!!

Read it again just to be reminded of this companies performance. What can be the down side? A miners strike perhaps?

Lots of useful info if you google DRA Projects and PAF, for anybody interested. Thanks for highlighting those two news snippets, Mike

Snakes and Ladders today, that's how it goes, hey! I am with you on 24-25 by year end! Its possible and more if there is a sudden rise in POG. Question is: will a blackish swan strike us down in the meantime? There are some great U-Tube videos by Mike Maloney on the Hidden Secrets of Money and according to his predictions, based on history repeats itself, we are at stage 6 out of 7 towards losing the USD fiat currency!

All bodes well for the future. Lots of positives.

Really a sizeable little sum to invest back into Au & Ag! Thanks for the number Mike, and to think if the POG goes up, the dividend will be even more substantial next time! I like this share! Projected share price I read below was 26 pence, correct?

Thanks for the additional info, chaps. I have liked this share for about a year and it is the biggest contributor in my portfolio. It keeps me in the BLUE when my other punts fail! I am dying to see what I will earn with the dividend pay-out but to scared to calculate. It nice to share news and I appreciate your contribution. I will do my best to keep African ears to the ground. My feelings about "jurisdiction issues" are that Shanduka and Cyril are up to their ears in on this one, so we are safe! In the Apartheid years, those in the know made a mint of money on Harmony, Leslie Western Deep etc... If the gold is there, why not reap the profits here as well? http://shandukablackumbrellas.org/about-us/who-we-are/ Not sure that helps but anyway!

Spike, a quick look is a predominant Blue so far for the day. But no large buys. Apart from this being a good gold share for the future rise in the POG, is there any other PAF news on the horizon that you know of?