Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Well done all. Check out FRG for the next lithium bagger
https://twitter.com/FireRing_SM/status/1643543043738312704?t=dk_aDvnFiLGXgJB_Y1nVSA&s=19
KODAL, PREM, ALL over 100mil market caps. Little old Firering at 6.5mil...
The board are in this to line their own pockets. A few months ago they said as much in that investor call. We are in it to sell it.
Big news will come. Q2 is upon us.
Realistically, only a handful of investors will be lucky enough to max out their £20k allowance in the 0.13.s
There aren't enough shares on offer and so 1-2 buys like that would cause a tick up to 0.14s.
Friend tipped me off to Baron and mentioned it was back at placing price, so I'll be entering the fray today.
BOIL is quite predictable, churn is nearing the end down here and then will shoot back up as always.
Some LTH will assasinate me for this lowball estimate, but I envision £500million or roughly 2.6p share price.
I have seen many expect a sale in the billions, but personally would be very happy with a 20bagger from here if an offer were to come....
Same investment philosophy made me a killing with PREM. I invested in them when they were at 40-50mil market cap knowing the CEO valued the Zulu assets at many multiples of that. Low and behold it multi-bagged.
Same happening at Baron. We can invest at a poxy 25mil market cap knowing the board will sell this for no less than a few hundred mil.
Am aware board is openly very keen on a sale. So it's always an absolute gift when shareholders can get in on the act many multiples below the future sale price.
Envision a few bags this year to be had from current levels.
Thought this part of the legal process would be done by now.
-ALL will really get going again from around Q3, butuntil then nothing really happening to drive up the price.
-KOD, might see a near term spike, but won't get going until about Q3-Q4.
-PREM is the real money maker at the moment, even with the recent rise, market cap is only £200mil. There's SC6 production about to commence any day and pair that with the incoming resource upgrade and wider licence from Government, there's enough power left in the wave up for it to hit a £400-500million market cap. Sell and then put profits into both ALL and KOD seems like a good move to me.
There you go chaps. Just added another 2.5mil and now back with the programme.
Fully expect the deal to conclude, probably this month tbh. Bernie doesn't drop hints like other CEOs and he will catch the market out just lik the initial JV news.
Fingers crossed for all holders.
Still well under.
Still well under.
I bet this is a leak. RNS imminent.
One day and one week closer to deal approval and final payment. I wouldnt want to be out of this as the rocket is charged with a lithium based battery for take off.
PREM is over 2x KOD and Atlantic is like 4x KOD in terms of market value. SP should be double right now.
We should expect a hard re-rate very soon.
I think those on the sidelines are underestimating how much money pours into this once this approval comes through. Can see it finally settling over .5.