Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Nope....none of the above.....just don't like being lied to. Quite happy to hold onto my shares and continue to call out the company when it pushes out non news, pretending that it's remotely believable.
Simply another giveaway in order to spoof up some interest that really doesn't exist. A couple of units will be supplied, effectively for free because they will be paid for "in kind" (which is AFC's preferred way of disclosing a non sale, as opposed to one that actually generates....income) which we can all justify because its all part of the great "tomowwow were gonna be miwwionaires, wodney" which ultimately will go the way of all collaborations to date..nowhere....
crack on, get excited if you like..................
Joaung
Are you for real? The bloke has made no monetary commitment whatsoever to the company he's heading up, and precisely at the point that it look like the CSF's that trigger the 2017 share award weren't going to be met, had the audacity to extend the terms....that shows real loyalty and commitment to the company, does it not?
Southerhay
sorry, none of the above....just someone who invested in this thing in good faith and is absolutely fed up with the way the shareholders have been lied to....I'm afraid, so long as you have ramping fools like McStock, I'll be around with a valid counterpoint....simply in order to provide balance
Makes me laugh!
McStock and all of the other poor (well, they are now!) souls who can't see the wood for the trees keep batting on about the doubters only posting because they want to drive the price down.....well, I'll let you into a little secret.
If there was an intent to drive the price down by some malign organisation or whatever, they certainly don't need any help from the little people who post on here, because their greatest ally is the company itself, and its overpaid, thick skinned tone deaf CEO. The massive gravity of the combination of lack of sales, smoke and mirrors, and continued moving on to "the next big thing" , be that product, MOU, partnership, JV or whatever provides a sufficiently large black hole of confidence with remotely sensible investors to drag the share price down all on its own.
So who really needs con man trader trolls....certainly not those who want / need to see the share price fall....
On what planet is it acceptable for a CEO to massively miss the KPI set as a part of a share incentive scheme, but then effectively “have another go” the honourable thing to do would be to let the thing run its term so that they lapse, and then re issue in new terms…..but then again, hounorable and AB aren’t particularly close bed fellows, are they?
People seem to be missing the most salient fact, which is that AB has effectively admitted that jam ain’t now even gonna be tomorrow………
Doesn’t this just about illustrate the absolute contempt with which he views the shareholders? Can we read into this that he’s not in the slightest bit confident of hitting many / any of the KPI’S on which the vesting depends by july 2025? Oh, lets look at all of the “hey folks, we’re nearly there “balderdash that’s been spouted…and where precisely are we now? More importantly where do we now expect to be in 2025?….
Anyone with an ounce of integrity would simply let the options lapse if the target hadn’t been met, but oh, no, laughing boy thinks its ok just to string it along for another three years, and that its actually quite acceptable….well, it isn’t…
Or look at it another way, Daz could have assumed that you were responding to their last post, which is entirely logical and reasonable….being able to spin the situation to fit your narrative takes some kind of weird thought pattern, but then again, you still believe what the company says, so I rest my case….
Pommygit
Can you explain the bit about Daz having two user names please, as I just don't get it....You posted referring to Daz, and Daz responded. You said you meant to direct it at Garonne, and in some parallel universe, your mistake indicates that the person you directed the comment at responding means that he's someone else in disguise......That all seems a bit weird to me....
Nice one McStock
"No mention of selling the Nitrogen has been made. Currently it has to be seen by us as a waste byproduct. To change that, the Nitrogen would need some gas clean up to get rid of any Ammonia residue, then need a separate compressor (which consumes power) and cylinders to store it, and logistics to come and collect it and redistribute it. That is another whole new level of complexity to add to what AFC will be doing, and I don't see they are interested in going down that road whilst still rapidly growing the Fuel Cell and Ammonia Cracker sales"
BUT HAVENT THE PEOPLE SELLING THE CRACKER GOT SOME RESPONSIBILITY FOR SEEING THAT THE BY PRODUCT OF THEIR PROCESS IS DISPOSED OF IN A SAFE AND ENVIRONMENTALLY FRIENDLY WAY?
Now you've got me thinking that, actually, we could be some way further off comercialisation that we had originally thought.....thanks for that, I guess that's the problem when you stray away from the trusty cut and paste and write your own twaddle....any thoughts on how the by product will be disposed of?
Hey 30.....welcome
If you're interested in all tings H2, then you've come to the right place. On this board, you'll see noting but positivity and general optimism about the vast array of products that AFC have lined up, like a coiled spring, ready to leap off the shelves into the hands of the many customers on the company's whopping great list of committed orders (that's about £27M, you know, it must be right, because the CEO said so). Have a look at the posts made by Stockcheque, these are a veritable mine of useful information on what the company is up to, and his very interesting views on how the company is progressing. Apparently, the company is making a presentation to some really big hitters today, who will probably be told some secret squirrel information that ordinary punters wont get, and they'll be buying into this thing like you wouldn't believe....or alternatively, just just do a simple gap analysis comparing where the company says it will achieve, and what is actually delivered.....
Any thoughts on why the change in the benchmark for 50% of the award? I personally think it stinks, because the trough merchants fear that I’d measured against a true metric (FTSE 100) then they will fail, but if measured against a more “fluid” benchmark, then there could be the chance of getting something over the line……surely a material change in the terms of a reward structure should have been flagged up at the AGM?
JB
Well jolly good for you.....you're such a bright thing, aren't you? you saw Sid then and that makes you an expert, does it.... so much of an expert that you could have sold into the rise and been sat oh a healthy war chest, but no, you decide that greed is the best policy, and are now sat on shares which are only really showing a downward trajectory. Never mind, I'm sure that the power of wishful thinking and denial that you may have backed the wrong horse will outweigh the smoke and mirrors, jam tomorrow BS that the company issues.
Actually, if you have a look at many share boards, there is generally healthy discourse about the company, with each side of the argument being given a fait hearing. That is NOT WHAT HAPPENS HERE...anything that remotely challenges the delusional "all is good" narrative is shut down as vociferously as possible by the ubers. This is the reason that a few of us make a stand, simply having falsely positive narrative being peddled by the likes of McStock, etc. with no challenge is simply not healthy, and undemocratic.
You crack on, keep holding your shares, I'm quite happy holding my residual holding as well, only difference is, I'm not going to be crushingly disappointed at some point in the future.....
Oh, and yes, thanks for pointing out that McStock and Construct are one and the same....I really didn't get that until the recent light bulb moment.........as if.....
Escala…..in the words of Roy……”it’s good…..but it’s not quite right”
The phrase used was “committed” and not signed….and no one quite knows what “committed” actually means, it’s a bit like the use of the word “cumulative” when talking about output (yes, that old chestnut) but you get my drift…another example of company double speak…of there were signed orders, then say signed, not another word that doesn’t really mean anything…..
Nice try though….
Ogggs
The problem is that many folk have become emotionally attached to the share and are really hoping against hope that all will come good, hence their resistance to any form of reality check. if they want to take that approach, that's their call, but personally, I can't really see this doing anything other than sitting in a channel anywhere between 15 and 30 pence for the foreseeable future, simply because of the lack of evidence of there actually being a commercially viable product on offer (or, at least, one that someone wants to buy). I'm averaged out at about 23 pence and at present it owes me about £10K, so I'm personally looking for a meaningful rise to sell into, in order to effect an exit, but quite happy to play a long game, even if that means "getting all Garonne" occasionally, as is my perogative....