Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Coming soon....the audited accounts!
New RNS Today:
"Contained ore reserve tonnes have increased by 89% since the previous Ore Reserve estimate stated as at July 2021."
Interesting, up on ASX and LSE yet no RNS.
Are they about to smelt ore and pour some silver/gold etc?
News was expected in Q1 so maybe sooner than later?
I was expecting 10% Up not Down!
Surprised yet in the past 10 years I have formed the opinion that fundamentals count for zip.
Yes, I did maybe 6 months ago. Risky punt but could see sp double in a year.
A good 2023, gold grades high and MRE increased substantially. What could possibly go wrong? Well it's Brasil so anything and everything!
BP, give it a few more days.
Https://www.zerohedge.com/markets/british-oil-tanker-carrying-russian-naphta-fire-red-sea-after-houthi-missile-strike
Annnd this might push up oil prices. Suddenly North Sea Oil & Gas starts to look like a good place to have reserves.
Https://www.zerohedge.com/markets/british-oil-tanker-carrying-russian-naphta-fire-red-sea-after-houthi-missile-strike
ANGS may have crap, dishonest execs but world events are helping push the price of oil & gas higher.
Https://www.zerohedge.com/commodities/biden-set-announce-lng-export-ban-appease-climate-warriors-ahead-election
Might help raise gas prices in Europe?
Https://www.zerohedge.com/commodities/biden-set-announce-lng-export-ban-appease-climate-warriors-ahead-election
This might help?
Iron ore so pure it can be dug up, shipped direct to a blast furnace without any processing?
Annnnd this is AIM so the usual shysters pumping, dumping and manipulating the sp?
Macquarie Bank involved in selling some of the future production to interested parties. Nothing agreed as yet.
"Gran Tierra Energy Inc - Calgary, Canada-based and South America-focused oil and gas company - Reports net asset value per share at December 31 of USD44.48 before tax at 1P, more than triple that in 2020, and USD79.13 at 2P, more than double that from 2020; and USD116.56 at 3P. Total production in 2023 averaged approximately 32,650 barrels of oil per day, up 6% from 2022 and within guidance. Plans to grow production in 2024 while adding new reserves and future growth through exploration. Company is "excited to restart drilling" in its high-impact exploration portfolio this year. Forecasts 2024 production of 32,000 to 35,000 bopd, up 4% year on year."
If the NAV is $44 a share then one might hope the sp would rise this year? Two issues for me, the cost of debt at 9.5% interest and political instability in Combia.
Funding secured....Good news, $5 million.
Sold all my shares, like the science and Mr Kight but will not just sit and do nothing as the sp plummets. When the news improves and momentum back up I will buy back in.
SLB is a big player.....
A small delay due Red Sea issues but production on track for Q1 and finance in place.
A very technical but comprehensive explanation ref the deal with SLB. I trust in Ben v B and am willing to give this deal time to produce orders and profits.
Filtered!