Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I dont consider myself anything Pauly nor do i care what your opinion of me is either. You should try a betting shop and then moan about how the trainer is rubbish and the jockey wasnt trying whilst bemoaning your bad luck. It would suit your mindset perfectly. Now is a great time to invest in Clon but sorry if you ve been in here indefinitely and feeling all bitter toward us newbies. I invested 12 months ago so not that new.
Tiger you're a deluded muppet. Last time this was Undersubscribed so don't talk tosh as it'll be undersubscribed again, at least the PI element will be. "on route to secure major deals worldwide" what a joke you are. Is that the route via Riverfort, another dilution and a multi year process thats left to get to break-even...that route you mean...ahhhh right haha!!! You've been wrong at every step and turn and still spout utter utter rubbish. zero credibility sorry. on any news you might see 3p-4p. Great for traders and pointless for you trying to get out of this at 1p 10p + + . It ;ll never happen without some sales revenue in the millions.
Nothing will change here. Any news will see some spikey tradeing which is where the money is. You buy in at 1.5p and average down and you ll never wash your face cos the traders will sell up before it gets to your target. They can see the nodes and how much is sat there and at what price point. Until tangible sales happen that allow GDR to be self sustaining this will be more of the same. I said it 2 years ago and i ll say it again. There will be another dilution yet. This will still take years. The long term needs of GDR need to be aligned with Long Term investment and using retail this way is borderline criminal. The truth that cheek should declare is that this money will not get the business to break even. The truth is that the same thing will happen yet again in 18 months. It is IMO uninvestable and you ll get what you deserve which is loading up more risk on your shoulders for sweet FA.
Think of it as a long term project, where Bolivia are selecting partners to work with as a JV. This isn't going to be a quick pilot plant and bish bosh bash now we'll build a full scale facility. There will be 2-3 years of consultation, fine tuning and improving, securing the Supply Chains for the filter, sensors and equipment etc is paramount and not an insubstantial task. BoL Gov is not selecting partners on the basis they can deliver tomorrow or the next day. It doesn't need to be a multi million Chinese outfit thats good to go... That Clon/Next Chem have an approach that is unique and of serious interest will qualify them as Long Term Partners IMO and then Bolivia can really support and build with Clon to get the tech working at an industrial scale. Whether it does or doesn't will be a journey of discovery for both parties much further down the line, it isn't going to absolutely determine the outcome of the contracts at this early stage. They can rip them up and go down a different route in a couple of years if needs be!!
What a pen*s
I think I've only annoyed you Pauly in fairness and I don't post on whether the stock rises or falls like a doom circle commentator reporting on the general vibe the days trading brings. I just think everything you say is so niaive and kid like that you don't seem able to self-edit the nonsense you spout. I m sure its annoying having that played back.
To be clear pauly what I'm saying is that you know Fck all presenting as though you do. You don't know how the SP will react at Phase 3, 4 or 40. No one does.
Sorry just to say , is PET being confused with CLON? They are different outfits in different territories. I too am very happy to draw comparisons with other companies that have succeeded, if only to draw an entirely pointless parallel.
This is being brilliantly orchestrated by the Clon Team. The financials of Clon and NextChem were clearly never going to suffice but the financials of the EU and German Manufacturing i suspect will suffice:-)))!
Haha
The news from Nice will just be a traders spike. Only sustained sales will tell and effectively you ll be going 6 months with no real news
If its any consolation and it won t be. I bought AT 67p and sold at 18p and made a tasty 35k loss. I ve only watched in horror ever since. Trouble is if you re idiotic enough to put money in. The same is going to happen in 12-18 months because the money will run out before they make break even which IMO is still 3 years or so away. You ll never get your money back even with approval and some sales. If you buy in at 1.5p as a new investor there will be opportunities to bag some but no point holding given the above. It will therefore be a traders stock only. Better bets elsewhere.
I have a very clear view here. Forget the great products, forget the "it saves hearing" virtue signalling or that this is a multi-million pound business in the making. This means nothing without competent management. This means nothing without honest management. Liken it to a football needing to be connected with the fans to put in a performance. if you can't see that you are all just a vehicle for theft and lining the pockets of others then I genuinely pity you. YOU CANNOT get involved in a raise where you have a management team that hold you in utter contempt. That they would put a gun to your head in this way. Is this a team you actually trust?? Why on earth would anyone put a single dime in here. When it comes to bankruptcy and a derisory offer make THEM pay the insolvency lawyers not you.
Roger - I'm not twisting the knife here but you're quite a savvy investor. You've been on this board saying that the SP will end up at 1-2p I'm certain of it. To a point where you've been accused of shorting, being a boring t**sser and had a right ear full. What I can't understand is why haven't you followed your own advice on this??
It Won't.
You plonker rodney
Looks like 1-2p was spot on as called months ago. Why anyone would buy until this was out of way seems bonkers.
Well signals or otherwise makes no difference as the cash was always going to run out before sales, so has never been a secret. The need for and planning for, long term investment to match the long sales cycle was a much fairer and equitable way of managing this business, rather than listing it on AIM and feeding yearly bullsh8t to retail schmucks. The management team have never had any moral scruples or they would have told the truth that this would take many years of patience, something they have always been entirely aware of. Unfortunately they have roped everyone along and ripping off your fellow man as long as its "lawful" is an OK thing to do in our wonderful world of capitalism. I wouldn't put a dime into this at the raise because it still won't be enough to get it into profitability and it'll be more of the same long term pain but loaded with yet more risk for investors. This will still take multi years to provide a realistic return for early investors in the business and needs to be bought out. Frankly if the raise is unsuccessful you'd still get 3p when sold anyway for all the IP and goodwill etc. A raise no longer makes any sense IMO.
Turning into?? It's been like it for years and will continue until new ownership and funding sorted. You didn't want to listen.
If they were confident of the future, the Management Team would have paid themselves in options and foregone a salary for a few months. That would eeked out another Q of funding.