Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
@elir71 - I forgot about the vertical wells at HH though I presume those will depend on Ukog first being successful in Turkey to generate funds otherwise they may be in dire straits themselves.
RNS stating our exciting campaign to prove up world class assets in Greenland is kicking off on schedule = s/p drop
RNS stating we have had to pay to relinquish a minor non performing asset = s/p rise
???
My logical brain is obviously not cut out for AIM investing! :-)
I expect ZM will somehow continue to sell oil on the sly. Backhanders and black painted tankers at night etc...
Lol, cost us to get rid of our liability, like paying to have an old car or fridge taken away to the dump. Will our HH stake end up the same way?
Do we have a payroll and how many people are on it, doing the square root of naff all in the interests of shareholders? (same as it ever was)
I've got 5m with avg at around this current price but would happily buy more if I had spare cash. I'd sell at anything over 1p (or equivalent if we're issued shares in the Newco) hopefully sometime in the next year or so.
They'll be kicking themselves when the drill results come back showing up to $1bn worth of graphite at Amitsoq...;-)
Well I can't see many people will be interested in buying in when they see the constant moaning on here...
Lol, I was scolded on here for that same pencil joke about 4-5 years ago!
I can still remember the name of the guy who took it seriously - poole-gems :-)
Might be a good thing. One day we may look back and conclude that the greatest loss in this debacle has been hours of precious time wasted following FRR. :-(
3-33m tonnes, not exactly sticking his neck on the block with such a wide forecast range. He'd make a good AIM MM with that spread!
Not sure about this bit "...it is uncertain if further exploration will result in the estimation of a Mineral Resource." Why not, is this not what we're shooting for?
Yes, they don't seem to have bothered sending their better online infiltrators/influencers here to rock the boat, SN and ZM
already seem to have made a pig's ear out of a potential silk purse without too much help from Pootie Poots.
One would presume that the GG have also been looking in on these proceedings? And for the benefit of those of us who wish to go over things at their leisure later, I was wondering if there would be any archived recording of the case that we can access?
Yes we have needed wheelbarrows full of that patience that Warren Buffett has always banged on about. Hopefully just another couple of pocketfuls required...
Mole "It just doesn't add up. I have often wondered if it's incompetence or a clever CIA linked operation we have invested in. After over a decade invested I still don't know the answer."
I don't know how big our potential assets are in the global scheme of things but it has crossed my mind in the past that while they are steadily exporting gas abroad perhaps it would suit the US to have any other huge gas reserve, particularly one which can be more cheaply extracted than US gas, left in the ground for fear of competition?
I'm always surprised at the relative lack of interest on this board considering our assets could end up being worth $100s of millions or more. Look at the steady interest that apparent dead ducks like Ukog, Prem, Frr, etc manage to attract.
I'm still of the opinion that only good jorc results will fully convince the market. GF does seem very confident of the quality of our assets but there's no proof until the numbers come back from the drill samples.
newlunar - that's the main thing I would also be interested to know. Will the IPO be before or after this summer's drill campaign results, which will have the potential to affect the value of the GL assets?
At this rate I suspect that hydrocarbon energy sources will be distant history well before this thing is finally resolved and no one will know or care what might have been "in the box" :-)
Yes, firm news of a Greenland expedition start date should get the ball rolling but first we have to take care of this covid Indian variant or at least demonstrate that current vaccines can easily neutralise it. It has the potential to throw another spanner in the works as no country is going to want it within their borders if they can possibly avoid it.