Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Did VAST not have the cash to settle?
Does AP think it is better to have cash ATM?
The one thing that is obvious here is that nothing is obvious to any of us (unless someone has spoken directly to AP and AP has confided in them, which is probably not legal)
Vast Resources plc, the AIM-listed mining company, announces that Atlas Special Opportunities LLC has given notice to the Company that it elects to convert Bonds of USD 500,000 nominal value in accordance with the terms of the Bond Issuance Deed announced on 24 October 2019.
maxcady, this sentence from the RNS suggests that it was Atlas who elected to convert not the other way around. Happy to be corrected if I am wrong.
Variety is the spice of life Yune, someone who gets down to the nitty gritty of document most people don't even read is worth thier weight in gold and their input should be appreciated no matter how it is shared. You be the flower.
This is some text I copied and have pasted, thank goodness this is not our route.
"For instance, one-third of copper discoveries since 1950 have had lead times to eventual
production of 30 or more years, compared with only 4.5 percent of gold discoveries.
Similarly, industry estimates place the period from early exploration to final production of
copper mines at close to 25 years (McIntosh 2015). Longer lead times for copper mines
reflect greater complexity and greater infrastructure investment to transport the ore to
export markets."
1 million shares traded by 10am, good turnover.
I have also noticed that 20.7p is not going down atm although there have been quite a few sells, also encouraging.
Yes MB, they have been busy already, don't want to be too rampy though but it is getting exciting.
For balance, it could go either way now, hopefully our 50K buyer will appear and get us moving again.
21p about to go
This a shake?
Moving up very soon i think
Could well be a buy order in the background, 2 x 107K shares yesterday and lots of 50K buys for a while now, someone building a position?
consolidating
consolidation nicely, ready for the next move up?
smoke signals saying there is a fire somewhere?
.19 about to go
maddog imo they wil ultimately take over anyway not because they are better but because of western stupidity especially the US and how they try to put sanctions on everyone they disagree with. Once they thae an alternative to swift that is the beginning of the end, beware the silk road.