Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Excellent detailed analysis by this guy. I don't agree with all his assumptions he is very conservative and hasn't perhaps attributed much to GH
https://youtu.be/rJH4LWJdCUo
Everyone has different strategies here and I would be interested to from other long term holders about their plans. I say long term holders as I know many of you have a million or more shares.
I may even change mine if I see better ideas.
After 6 years I have accumulated 2 million shares at an average price of just under 1p. If you had asked me 5 years ago when I bought one tranche of shares at 0.06p that they would get to above 7p I wouldn't have believed you.
Strategies change and the reason I haven't sold out is this story just keeps getting better. My strategy at the moment for selling my holding is as follows
9p ish 100,000
10p ish 100,000
11p is 100,000
all the way to 20p by wich time I will have £174,000 and 800,000 shares valued at £160,000. It could be these go to 50p, I'm perhaps dreaming here but it is possible.
This is only an outline of a plan and will no doubt change many times for the following reason.
1 A full takeover og GGP
2 An offer for Haverion
3 An offer for Scally
4 A real pullback or dip or treeshake whatever you want to call it when I may buy back some of the stock I sold.
5 The unforeseen or know unknowns
6 I die and leave the lot to my spouse who will just sell em no doubt.
As I say I am interested to here how others see this panning out over the next, 3 months, 6 months, 1 year and beyond.
One tactic used here is to drop the price but make it difficult to buy. The price drops for a few mins the people expect to see buys coming in but you can't buy. The price drops again and the sellers appear. Who knows what will happen but we will be a lot higher buy the end of the week. I have a few £ to invest so waiting to pounce for more.
The MMs are collected a few shares and testing a few stop losses. Stay away if you can't handle a little pullback. Look at the SP over the last year this happens, chill out you are still invested in the best stock on aim.
Oldtimer I have been in GGP 6 years mate and have a hefty slice that will give me a comfortable retirement. Watched this stock which is an unbalanced 80% of my portfolio. Bought some of my holding at 0.06p so its just gone up by 100 times this morning.
I have noticed that when GGP tick up SVE lags by quite a few hours. Sad old one trick pony man. This youngster could teach you a thing or two about GGP
The current value of the top 4 holdings is as follows:
85m GGP @5.7p = £4.85m
17.5m AAU @3.3p = £577k
21.87m ORCP @ 0.6p = £131k
1.23m CORA @5.0p = £61k
Mkt Cap at 6.5p mid currently £3.6m
NAV = £5.7m or 10.1p/share
A no brainer and another tick up on both GGP and SVE is coming
I have been looking at Starvest SVE a while and I must admit the spread did put me off. However SVE does lag behind GGP as you say. Just bought my first lot £2000 just over 40,000 shares. I think this is a play to look at when GGP spikes if you miss it.
British Bulls has just changed HUR to a BUY
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=HUR.L
Try a dummy sell and its no problem you can get near mid price. Try a dummy buy and I can't get a firm electronic price i.e. they will accept at 4.3p but when the deal has gone through the price is significantly higher at say 4.5p. This is a manufactured drop looking for stock at a low price when its perhaps forward sold for a large junk at a much higher price. Sit tight for a few days. The city boys play their games to fleece PI's but I doesn't work if you buy on fundamentals and hold.
If you want to read it all, here it is
https://seekingalpha.com/article/4323701-newcrest-minings-ncmgf-ceo-sandeep-biswas-on-2020-half-year-results-earnings-call-transcript
Taken from ADVFN
In short
"The latest drilling results continue to expand the gold-copper mineralization at the Havieron Project"
"These results extend the mineral footprint and signal the very real potential for renewal of our asset portfolio in the Paterson Province. The grades we're seeing at Havieron are unique for this region and we're excited to progress in the accelerator evaluation of this opportunity."
"Finding gold is hard and rare, so to get these kinds of drilling results is really exciting."
"And the other piece as you say is how do we bring Havieron on as soon as we possibly can, now. It depends what sort of mining we're looking at. I mean if you're looking at the grades there, I mean, again we've got to do a lot more drilling, but if that becomes a potentially a high grade mine, you could bring that on sooner rather than later..."
My comfort blanket that is GGP just got a little thicker and I'm feeling quite warm inside. We are only talking about Haverion here but we all know there is so much more to drive the SP. Two years ago my target SP was 10p, its a lot higher than that now. The potential is just ridiculous, so much so I don't even want to write it down.