Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Its only 9 months to the dry season!
When your finished picking up all these cheap shares you brag about, just put your head back in the sand!
The worst part is we have resigned ourselves to other companies news releases for any hope of stock appreciation, because our 1 and only new vertical well aint gonna cut it!
Their work program is the joke, POQ is a joke, communication is a joke, stock price is a joke, most people on here making up stories are a joke. Ill just stay for the laugh, thanks.
Waiting for what! Its turned into the laughing stock, nothing is happening this year apart from seeing how low this stock can go. I would even settle for another make believe story from a poster with a reliable source at this point. Now thats desperation!
By the way that most recent 10 month extension pointed out by superspazz is costing another 50 grand US a month. Just keep chopping away at that block!
OC99, If we paid it immediately 2 years ago we wouldnt be subject to potentially never ending additional costs. If your theory were to ring true we would have had no problem raising cash with successful drill results and and a higher stock price. Either way we would have to raise cash, paying it off immediately would have eliminated extension costs. We would still have 6 million in the bank today. I really dont think anything earth shattering will occur this year, just hoping for a little price appreciation and a clearer outlook on where we are heading.
This is the first I have heard of this also, instead of paying this off while it was relatively manageable POQ in his infinite wisdom opted to add another 60% to the bill. I am sure he didnt want to disturb his slush fund assuring his paycheck for the next 10 years, providing Falcon still exists of course!
https://www.naturalgasworld.com/empire-reports-strong-gas-flow-from-carpentaria-1-89668
With no news, no drilling, no results, no time lines, no outlook, an most of all no leadership its become very concerning. If we have another dilution or part of our 22.5% of the Beetaloo is given away this stock is doomed. If we have 200 million dollars in drilling committed by Origin, monetized into dollar terms only adds 4 to 5 cents CAD to our stock price, if it isnt already baked in. Baffling what is going on. Unfortunately for us, the best predictor of the future is what has happened in the past and that doesnt bode well for us !
I feel better already, nice!
Tired of the excuses, its nothing more complicated than years of incompetence. I think that is Theory # 10,973 that is pulled out of some ones a$$, with or without the so called reliable sources that some of the clowns boast about on here. Completely made up hooey for the most part, luckily most of these posters have disappeared but will return in time. People here just want this to succeed, keep it real.
Does anyone know where you can pick up some of the stuff dprussky is smoking because that might be the thing that makes me feel better!
About the only thing that you can be sure about with this stock is that POQ and his sidekick are cashing their undeserving paychecks!
LK, There is a new course being offered called Falcon 101, How to sewer a promising stock in 90 days!
You can get more satisfaction by watching paint dry!
Have we not been told to EXPECT some results from this well by the end of June, somehow I dont think this is going to happen!
I think it was $.07 US $ I believe, the #s I posted were in CAD $.
Empire Energy
March 20, 2020 $.155 aus
today $.34 aus
Falcon oil
March 20, 2020 $.105 can
Today $.095 can
We are now lower than at the worst of the pandemic, hats off to management. Truly pathetic!