Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
You're a bore without substance or facts. XSG as they announced are funded until at least Q2 2023 with no additional funding or revenue, that's worse case.
You would know this if you put down your toys and listened to Mummy and did your homework :)
Interesting Sheds I received the UFO email at 09:50 today too but nothing from them in a long long time on EUZ. I'm surprised we are staying above the 3p's but obviously glad we are. It's also interesting that at this bargain basement price no one is buying which doesn't show much confidence in EUZ at the moment. IMHO think lots are holding but not willing to increase their exposure in EUZ.
Chrisp, quoting from you "So in some ways Toral would be worth more completing a PFS in 2 years rather than in one years time if we can keep costs to a minimum."
The money in the "war chest" won't last 2 years so unless WA and EUZ staff are going to work for free this will be mothballed. Yea the metal in the ground will be going up in value but that's where it will be staying.
It's a little bit like me looking over the Rd at the neighbors house saying mmmmm in two years that will be worth £600k.
Hi Teaye, personally I wouldn't top up. It's like the betting companies advertise "Set your limits" This is a huge gamble and I'm not falling into the trap of lowering my average and I've invested in other stocks in my portfolio. This is my 2nd largest investment (unfortunately I got suckered by the value event) and I haven't sold and now hoping for RTO where some other company hopefully not in the mining sector comes in and starts something fresh. Lots of RTO's are not interested in the assets, they just want to float public on the cheap instead of IPO and take advantage of the tax situation of a previous company. An RTO could get us back into the 10p's I hope.
Jedster i agree about Sirius and I hope we don't go down that route as it won't be an offer of 5p that those guys had, it will be .00001 probably if you look at the MCAP.
IMHO EUZ won't be able to raise more cash as no one would risk it. Bennelong and DB won't, why would they. I'm kinda hoping some FinTech takes over but who knows.
Excellent post Highside from last night, you cant build a brand on nothing. Brands are build on trust in providing a quality service or product. We currently have no trust in the investing world and we will only get that by materializing Toral. If we do that then trust and brand will follow.
Hi Teaye,
I don't think we can expect the same response times as we got with LR. MC is Non Exec Director of Katoro Gold and MD of Virico Capital according to his LinkedIn. Sounds like a busy man with 3 positions to juggle.