Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Below is lint to the Mining Journal, where it was announced on 19/02/18 of KAZs intentions and also that it has potential to become a Tier 1 mine, so surely all this was factored in to the share price before today, giving good value to the company and looking forward it has potential assets to boost its price further.
Always the small guy that looses out, bet those in the know have not got caught out
https://www.mining-journal.com/m-amp-a/news/1315579/“kaz-minerals-confirms-it-is-currently-evaluating-the-potential-acquisition
This is absolute madness
Abromovich, while being involved with selling it, I feel is using the market to manipulate the price of KAZ so that h can get a hand in it for cheap, after all he is heavily involved with EVRAZ I belive and look what has happened to that share price over the last year.
The above aside, this is the work of the large MM, as how is it a share can drop as it has in one day after announcing that you have purchased a mine that is cheaper to get the material out of than other mines and the commodity that you are mining is going to be in short supply. Sanctions on Russia will in time be lifted or at least eased.
Slightest bit of good news of even a 1% divi would help to advance to FT100, which should help the share price advance somewhat better than is know and become more stable, along with the inclusion that dividends are here to stay for the foreseeable!!! Or am I expecting to much?
This company is a text book example of private firms taking on large amount of public contracts which are skinned to the bone, with very little profit margin and sub contractors putting in real prices/estimates, somewhat a bit like in other sectors, where the work/pricing is calculated by pen pushers!!!!
By the sounds of it there is lots on here that bought in before it was terribly shorted, hopefully we are over that and a diveidend return and promotion to the premiership will help us along to the days of £15 a share!!!! Realistically would be happy at £10-12, as I imagine others would as well
Looking at this tip reminds me of the schiesters/crooks that shafted so many ESSAR Energy shareholders that watched the share price fall and bought it back on the cheap, with the PIs thinking the same thing that OPG is tipped for, that being that India is so short on power supply it has to be a good punt!!!