Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Tripled up - looks anobvs break out from here and the fundamentals support higher mcap.
Cash is king in this mofo market
Good luck fellow investors & gamblers.
Fingers crossed
Good to see this pushing on.
McAp really didn’t make sense to me post divestment..
Cheers Seingred - I’m just glad to be out and tbh I think this will test high 2’s low 3’s and even then I’ll stay clear.
I mentioned Kod earlier back in Jan and it’s doing me v v nicely, s4 cap, etc well rewarded elsewhere and just taking 20% loss on Omi as the price to pay to have these cowboys out of my daily thinking and get my cash into safer havens.
I have respect for most peoples views and their money their choice but too many of these boards asset blinded and ignoring equally important factors such as management and fairy tale narratives.
Decent assets with p@ss poor management won’t usually end well.
Agree gold on a bull run, agree Omi might go back to 10p one day but much better alternative risk to buy out there in my opinion, my money my choice.
I post my ideas and levels , do ok, head screwed firmly on thanks.
Good luck Bhar, Chicken, Seingred, Dr R, impy, sianhan and anyone else that’s been through the mill. Many decent folk here, unlike bod imho.
I didn’t always agree with Bhargav but always valued his contribution and feel he is right to constantly change his stance in line with bod constantly serving up disappointment. Logical to me.
The only thing Bod deliver on time is when the wages are airlifted in at end of each month.
Hope to see you all doing well here or on other stocks but I’m a happy man not having a single cent under Brads responsibly for too many reasons to mention.
Bwad really better pull his finger out for you all as time really is money for an explorer burning few hundred k every couple months.
I would have just minded my own business but the treatment of Bhargav stunk of everyone jumping on bandwagon while old Mr let down Bwad was getting credit for doing absolute minimum and showing a willingness to dilute at any cost.
I bailed first thing with meagre profit, staying out now until financing and cap structure has better visibility.
Good luck all, thought todays news was exciting and hopefully good for long termers.
It’s just that the market still seems more focussed on cash runway/b-even and number of shares that will be in issue by time b/even occurs.
EC - nobody who buys AGL thinks parsortix is rubbish. That’s not their concern.
If you can’t see the issue now you never will.
No offence and hope it pays you big over long term.
Zapsnsap also sold out in 5’s like I suggested I would.
Very low levels of market intelligence on show when people say “if your negative just sell and move on”
Smarter to work a better average and sell at a price you can stomach.
Just because I thought snd still do that Bwad the gimp is unfit to be responsible for PI money didn’t stop me buying more at 2.2 and using that to reduce loses.
The one thing they can’t afford is delays after 15 months C&M.
The drill budget is already ridiculously small for Colombian rugged terrain and each months delay eats into it.
The dropping of Brazil just highlights more money wasted.
Bhragav gets it but you all don’t like the truth.
Ramping Brad up like a bunch of sycophantic cheerleaders with Stockholm syndrome.
The “free hits” = lies
“Keeping powder dry for Colombia” is not smart management born of choice. Its the result of previous bad decision making.
I’ll F off now but the imbalance is ridiculous
Your not meant to support a stock like your favourite team or a family member out of love.
Your supposed to analyse critically.
Just ridiculous how he sold 9% of equity at lows after wasting money in Brazil when many of us not just myself said it was a bad strategy at the time.
Good luck everyone but Bharghav has a right to say it how he sees it.
Scara - that thought does cross my mind: If it’s all known why isn’t market reacting?
But also if market always weighed accurately there would be no spikes or re-rates….
It will be interesting to see what comes out the oven.
Starting to get interesting with the RNS today.
I don’t want go all rampy but surely the bottom is in now.
Has to be worth about 1.5p on staggered cash payments + assets today.
If I get chance to buy a final lot below 1p I’ll take it up
If I don’t happy days anyway
Agree Mary just under where I sold a lot last week.
Personally just going to add to my 39 avg IF it drops back to 45 or under. IF not happy days.
Did make me chuckle last week people “feeling sorry” for anyone that took quick money out….
Sold my 45 level stuff for small profit to bring avg down to 39.
Still think it’s got far to go medium term but maybe pull back a bit? Who knows, trading this stuff feels like pure guesswork
Gla and hope todays move bought some Easter cheer for some
“Only very important information which might affect the bottom line is announced in RNS's between the results.”
I don’t follow. What are saying?
Cassette sales are important
Cassette sales are not important?
“Around $300 per 1 use cassette how do we know how they have been doing?”
EC that’s a fair point but I lean towards if sales are healthy why not disclose to mkt to improve valuation.
The valuation is the collateral for a company that presently relies on funding so why not uphold it?
Wouldn’t make sense holding back positive stuff like that in these circumstances
Newlands - how the pompous have fallen.
About a year ago he really thought he should talk about his preference for “types” of investor!!! Even at the time I found that ridiculous
Now I think he would take it from anyone willing to give it to him.
Why did he say publicly he has enough money and this isn’t primarily about money but continue drawing an eye watering salary for a loss making co?
Why draw attention to things like that if your not walking the walk?
Maybe if he does have to call an EGM he should be forced to take his fees in shares as a condition for even more financing?
After all he has enough money so he says
Bantham (it was me sayin 10p and the fact that a re-org would be required to raise below 10p)
That would require EGM as you say and if they wanted more than 8 million odd that would prob be possible same way.
Everyone involved at any price can only hope that an EGM is not required.
But I do think Newlands must be getting jittery about funding with SP so close to nominal
Ntl agree on gold producers (I loaded up in shg which got took out cheap imo).
I got into gold too early when the inflation in AISC was outstripping the gold price was increase but if gold did 2500 this year I wouldn’t be that surprised.
Good luck on your other stuff, same to all.