Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Steve, do you have any other forum names? Seems a little odd to me that aside from a few posts in other company BBs right at the start of your registration, its pretty much 100% XTR. You invested in L2 just for XTR? Still here despite selling? Odd.
Lets also not forget that Colin, the team and creditors all took share options at a higher price recently (Colin also purchased a number of shares at over 5p last year) and that a significant shareholder has increased his holders by another 6m shares in the last few weeks... clearly this would all happen if management knew it was uneconomical already.
What premium to market price were they issued before? Its still c60% premium to todays price and small in comparison to the other options they have. For me I see as positive - why now ? Also they took remuneration in shares which shows confidence in the SP increasing.
SpaceMonkey - not sure it has really had any influence on the market yet - just an UT trade causing the reported decrease. Pretty light volume. These interviews are a bit of a vacuum anyway as I doubt you'd listen unless invested or at least aware of what the company is doing.