Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Did anyone sell their CGO shares that arrived in their accounts today?
The coke batteries will be paid by income. The next offtake agreement will include a contribution towards coke batteries also. Also there will be a thermal coal offtake at some point as well.
Lots to look forward too.
We are now seeing that first revenue timeline grow ever closer as q4 is shortening in time - news could drop anytime - I suspect we will be seeing news Of washplant completion any time now and tweets to following - that will mean that we will be just days / weeks of getting our first payment into the bank account.
At that point the share price rockets past 10p
Has everyone received their shares now?
Steven I think you need to read the rns - and listen to the podcast - not only do the company not want to raise they also can’t as there is no headroom to raise. Carl does not want to dilute the company. Everything will be done via the profit they will start making in the next 90 days. THERE WILL BE NO PLACING
Great rns. No need to raise funds. Carl confirming for the 3rd time we will have money in the bank in q4 - going for thermal coal is smart as we don’t have to buy the coking ovens and will get massive margins with no dilution.
Will you be holding or selling?
Just curious to see if everyone has received their CGO shares now?
No stopping this now. Another confirmation that we will be cash generative in q4. Lab tests are back which will allow another offtake to be agreed.
Money in the bank. Gold news still due, sale or JV I suspect. What’s not to like here with a tiny market cap. Shocked the market are not buying more of this.