Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Morning Bigears,
Thanks for the response (30p). In all fairness it was a little tongue in cheek although something I would seriously consider now, seeing how poorly we have performed these past 7 years.
I originally invested in the early 20’s, buying all the way up into the 90’s, under the promise of several MOU’s and recurring contracts - as we all know none of which have materialised (other than the Sierra Queen disaster and Iran and Trump).
Luckily I did manage to cash some in on the way down, but on further promises still held a large holding, getting locked in. Luckily I’ve managed to average down, but not all LTH’s are as fortunate.
30p would give me a large sum of money, nowhere near as much if we had completed just one decent recurring contract in 7 years, and I’m sure that SP will not be enough for others who have been here the duration?
Well I hope my honest opinion gives you an insight as to my frustration and I’m sure many others will not be too far off either.
GLA