Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Dismall rns. "Protect shareholder value"? What value? Everybody is down, do something with the cash
Well I wasn't expecting that!
Well done for that call yesterday, obviously you are further into trap towers than I ever got, well done, care to elaborate on the info you gave here yesterday.? No hidden nastys?
Still no results, sold out my last lot now, showing as buys, no news in my experience of aim is never good. Trading at cash still probably , not enough has been held from Athena , check cash burn and the market has it right here. Fancied some of the exposure with the 4% Igas shares, put the lot in there now for the other 96% exposure instead, really fell for trap 2.5 years ago, nothing but misery and high director saleries since. Good luck on a positive rns, late = sell in my view. Happy to be proved wrong
What's your take on this action today? That holding rns suggest another will occur with a new owner of those shares. Amazing how the volume today is 10's of 000s of % more than the daily average volume
big buying, cant see these as BOD buys, although their saleries could could cope with it.
Yes agree with the high rewards this bod behold to themselves, hopefully the final results due next month will show a better picture of our bank balance than the last, even with the weighty payslips taken out.
finally ticked up after 2 weeks on nothing. Probably the only oily on aim with zero chance of a dilution with so much in the bank plus monthly revenue of way over £1m+ yet zero interest these days. Nice new AQUISITION , or a divi payment to us long suffering holders would be most welcome
The last dilution was a placing with ii's @21p for over £4 million. Not sure if they still hold them mind. Trap need to do something , the bod pay themselves millions to run this sorry show. With the 20m loan on tap and Athena revenue, dilution can't possibly be on their minds? 9p to buy now, but lost all trust in here to top up. We need some good news
Big kick in the nether region this parkmead deal. Why would they sell 20% so cheap? We know Athena has a 25% production problem hopefully short term, but 20% for £7-8m , that ,at current production rates will be payed back very quickly, what a give away , unless a water mix RNS on the way...The bod must have spat their Earl grey out all over their onesies in trap towers reading that deal this morning!
It's true what they say, sometimes the market is bang on. the revenue this company had taken from Athena and the last set of accounts regards profit shows just how much has been milked. It's disgusting .
Wow I can actually sell my kem now for more than the fees to do it!!
This company needs to start delivering something other than Athena revenues. With the jap consortium surely we could get a juicy Farn in with maybe £50m for a piece of XEL's monster field , anything , something , just hankering around with only Athena is not generating any market interest. £2.5k worth of volume yesterday, cone on trap , get involved with SOMETHING please
Remember remember the 5th of november, some would rather not. Bad luck to all invested here. Hope others make up for these losses.
This product/invention is the future of the world , no doubt about that, but it's 10 years away from any commerciality, anybody in this industry will tell u that, I visit a company who makes machines which make graphine. I Trust they know what they are talking about.
That 350k sell looks very questionable now
More bad news, crazy horse a no go. About time this company finally gave us some bloody good news!
Good luck chaps, 50% rise today I recon
Past 6 months and next 6 month if athena forth well is not sorted we still will take 410k barrels net, over this period at current production levels. That over £40 million quids worth of oil gross. The cash in the bank on top, this is so undervalued. Over 1000 barrels a day and we are trading at probably not much above cash. Unreal valuation. Producers in darker areas of the world are dreaming of this figure yet mcaps of many of them have Mcaps above ours with plenty debt too. anybody shed some light On this please?
I'm sure it was mentioned in a previous RNS mid sept. On road so no time to check, I can't believe today's windfall hasn't sent this up. More coils on the spring for next RNS