Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Hannah/Rediron - Im only annoyed I topped up yesterday and not today :):). The gold is still there folks safely buried 420m down while 300 odd workers are frantically trying to get to it in record time, as guess what, Telfer desperately needs it to carry on with. All while we keep on drilling trying to prove up other non Havieron areas which looks very exciting indeed from previous drill results even if our lovely shorter sells into the increase to keep the prices surpressed. They cant for much longer as once our 30% shares comes out the ground with one of the lowest AISC in OZ we will be the winners.
God theres plenty of Dross today on this board and yet more shorts, no surprise there then. Ignore the fudsters their only reason to exist is to cause doubt and trouble, while JPM make even more money with the doubt they spread.
So does that mean we can have our 70% back then free if they are not going to adopt the terms of the JV. Of course they have to accept the agreed terms by buying NCM
Same here down as a sell GRRRRRRRRRR
I just got for 7.09 on a £4950 buy lets see what its shown as.
Tom - its only libelous if it isnt true of course
Simple answer is for SD to force the MRE out and lets have a 10 million OZ mine and Tier 1 deposit THEN the SP will rise and then he can do whatever he wans to do as far a raisng funds, BUT if its to let Instos in cheaply at our expense then I have problems with that. So you have done it once SD do it again get your own MRE out NOW
Tatty99 - Wyloo and three major banks dont think the same as you thankfully, also Newcrest who have boots on the ground about 250 of them also dont think the same
Johnph - Im afraid Im holding and topping up for the Divis, games are being played here bujt not long to go until we are mining even with the Newmont takeover whenit happens we will just be lierally months away OR an eye watering sum for our share or 100%. Worth the wait for me. GOOD LUCK
Magnum - Telfer employs many people, when the deal (buy out) was brokered to the Oz Government for approval I would like to think they put a stipulation on keeping Telfer and Ozzie employment alive maybe
CHUFF CHUFF best post of the day, we havent taken all this risk so the Insto's can get in cheap - thats the only thing that grates on me
SP resembles a good 6 week drill result :) . Folks we have been here before its speculation thats all and if there was to be a raise we cant stop it so lets see what transpires. Tier 1 gold mine and we have 30% plus whatever else we are sitting on with Rudell and EG. Lets all calm down
Brads new video wont play has it been removed??
So if we have a general revolt and oust the two incumbents who exactly takes over the reigns and control.
Care and maintenance is a term used in the mining industry to describe processes and conditions on a closed mine site where there is potential to recommence operations at a later date. During the care and maintenance phase, production is stopped but the site is managed to ensure it remains in a safe and stable condition. Good old WIKI.
Look forward to Brad reading that article and correcting them.
Blimey some real doom merchants on here, OMI aren’t insolvent not by a long chalk. We also have very few shares in issue and free float. Let’s see what Brad has to say about the
JV finer points next week. By the way did you see the buys v sells today, worked drop it is AIM after all.
any idea when the phase 2 actually officially started
no nookie - OMI time to top up and sit on those hands until games are played out
2.1M buys 800K sells and the MMs drop the price, defies logic and stinks, we may even end the day up at this rate as there isnt allot of shares in issue, thank god