Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
News of something must be imminent imo. Someone’s loading up and SP is static, this should be moving up on this volume unless it’s being held back but the mms?
Maybe the video was taken down as a deal had been clinched and didn’t want to look stupid ? Let’s hope so. Gla
Someone is keen this morning !
“The proceeds of the Placing and the Subscription will be used to accelerate its business strategy. ” Bob McDowall, Non-Executive Director of PCGE, commented: "With the capital raised through this placing and subscription and last weeks settlement with the Company's former CEO we can continue to implement our business strategy. I hope the market will be encouraged by the Chairman's faith in the future of the Company, and now that�the Company has concluded legacy issues with ex-board members, it's now in a position to advance with its strategy of delivering shareholder value. We appreciate the continued support offered by our existing and new shareholders." So the dodgy video yesterday not once asked anything about this ‘accelerated business strategy’ wtf is going on here ?
The only reason the latest placing worked was because people were expecting an operational update and news flow after NB disposal. That basically gave placees nearly 2 weeks to dispose of their cheap shares and make a handsome profit whilst pi�s bought into the build up to the announcement that never came. IMO It was a setup to get more money into the coffers whilst the bod carry on do nothing. How r they getting away with this ?
The rivefort deal was done to raise money for ermmmm no deal, the latest placing was done for ermmmm no deal. Investors were mislead by RP that now NB has been paid off the news could start to flow and updates and deals could happen, ermmmmm no ! Unfortunately it’s s big fat No here at the moment.
Flightman, I think he either ran out of bull in that interview or was trying very hard not to let something slip. Only time will tell. Not holding my breath !
The proceeds of the Placing and the Subscription will be used to accelerate its business strategy. Surely RP could of touched on this in the video ? WTF is going on here ?
Definitely had a different tone and awkwardness about the interview not seen before ! Let’s hope this could be the trigger as all the others in the past that were very positive delivered nothing. Gla
Beginning to look like RP is getting his original investment back by continually raising money via placings and doing nothing with it. Where is all the cash going ffs, RP needs to update his shareholders ASAP wtf is going on.
Has nobody pressed the Boom button on this yet ? Come on RP, nice Friday afternoon update please !!
Can’t believe what a wally RP has made himself look. Promising news and not delivering. There shouldn’t be any reason why we can’t be brought upto date now Bryant has gone ! Shambles
We never got a TR1 the last time someone was seriously accumulating here so don’t hold your breath ! What we need is the operational update, RP has not stuck to his tweet, made himself look a complete numpty !
Some serious accumulating been going on past 10 days, shift in trading pattern today. Positions have been taken, watch the news flow begin tomorrow ! aimo, gla.
the last few weeks Is the highest it’s been for some time, also single trades are by far the biggest. Not sure what’s going on here, still no operational update from RP. I thought this would of tanked yesterday after no news last week but it went up ?
Mm’s playing games here, all I can say is that in other shares when such a large sell shows up after close the SP has usually been heading down not up. Leads me to believe this was a buy, just logic points that way. Gla
I bet we get a large delayed trade showing as a sell which is actually a buy ! Lol
Going !
Virtually all showing as sells today yet the SP is good no north. Interesting !
Thanks Guys !