Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
But Putin has crossed the border... It was Putin's invasion 8 years ago that seeded Russian-backed terrorists into the regions that he's now recognising as independent. He's stolen a chunk of Ukraine, and used the pretext of his same earlier illegal invasion to justify it.
The way the international community responds to this is crucial. I don't think Russia wants (or can afford) a world war, but what they're doing is playing chicken with the rest of Europe. On balance the UN might let them get away with it rather than starting a full scale war, but he'll probably rinse and repeat a few years down the line. The precedent was set with Crimea
SNG had the worst news imaginable. A pipe-dream product vanished into a puff of air, if you'll allow the pun.
The correct EUA analogy would be drilling more core samples, only to find out that all the metals had vanished, and a new battery technology had been created which obliterated the need for Nickel.
Russia's latest actions are an absolute disaster for EUA, and I fully expect the SP to crumble, but the SNG comparison is baseless
I'm expecting the flare ups to continue over the next few days, with Russia punching itself in the face to provide justification to the international community. Putin is in the driving seat for sure... Everyone knows what he's doing, but can't prevent it without escalating. Having a provocateur nation state with a chip on its shoulder and nukes in the basement truly is a wild situation.
Personally I see NN as the likely buyer for EUA (v1), so I doubt this has any substantial impact on the ultimate sale price, but I'm prepared for an absurd market in the coming weeks. Obviously I wish this had been wrapped months ago so this could be someone else's problem, but it is what it is.
CS has already announced his retirement via the RNS at Kira, and the BOD are generally at the tail end of their careers. What good is a jam tomorrow payout for them (the decision makers).
Obviously it's not impossible but where's the motivation, for those with the most to gain, to sell the company for slow money instead of a quick payday
Sandy, it's nice to note that you chose one typo to dismiss the substance of my statement... Except I didn't make a typo. Baffling.
The BOD themselves said that there had been a bid which was worh ending the FSP to consider, and a second superior offer. As a shareholder I'm well within rights to expect at least a sniff of an update by now. Or any of the resource updates we were promised months ago.
Simpletons here can guess random dates til the cows come home. All it highlights is that they're also focused on the next RNS, and the absolute boatload of dates in the past show that even the most positive ramper here also thinks it's long overdue.
Glad to see another Amerisur victim. I've voiced my concerns about the similarity between here and that horrific sale... All the assets, all the long term plans and revenue models, a BOD with fantastic experience, and then they sold out for a pittance.
When I say I'm concerned about history repeating itself, that's what I mean. The BODs silence, particularly at a time when the geopolitical situation at the doorstep is so relevant to the crashing SP, is deafening.
Going 2 years since a sale was voiced as an option, including a month's long FSP, and still not being able to confirm a tabled bid is... Worrying. DD was completed by one suitor months ago, where's the follow-up?
The main issue I have, having been here over 2 years, is that every drop in the price is pinned on Manipulation, and MMs, and IIs orchestrating behind the scenes. For those who use that as a defence, if you honestly believed it was true, why would you ever invest in a corrupt market? The drops are because AIM is a day trading playground, and the one thing you can bank on at the moment is no red dot on EUA come 7:00.
I am hopeful of a positive outcome here, but FFS it's been half a year since 'shortly' and everyone is running out of patience. Index funds for me from here on out, I don't need the mental burden of this penny stock trash
AVCT has now officially slid from 'company that can finance itself through clinical trials by selling antigen tests' to 'Chemotherapy moonshot', and considering the success rate of clinical trials, it's still way overpriced
"As a matter of fact, I can guarantee"... Do one Rob, you fool. Either present your secret evidence, or shuffle off.
If this company was stood still while under offer, that would be a betrayal of the shareholders. Instead they have been incredibly active, and piled on value. Crucially, they haven't started building mines, which confirms to me that there is a sale, and the buyer will build.
The truth is that this RNS has no direct bearing on EUA.
However there are some pretty clear lines we can read between when the man won't need to work ever again in the very near future, and holds 90+M shares in a company courting offers
This company was expected to deliver a world's best test, and over a year later there isn't one available, and ISO accred still not secured. Of course the SP is tanking.
There is no COVID value in this company, they have failed to deliver. Most of the population were vaccinated before a single member of the general public could use this test. Let that sink in for a second.
Anyone else is just holding on for the chemotherapy trials, or sticking their head in the sand because the ineptitude of the board is becoming too clear to defend.