Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I've been in some dogs in my time, but for a main market listed company this sure does take some beating. May as well just switch off and come back in 6 months and hope it hits the dizzy heights of 50p again. What a shambles. GLA, watching this is painful so i won't look. How a company with hardly any debt, soon to be producing 25k bopd with oil at $73 and rising is at this share price takes some real explaining. Thats ignoring all other assets. Good job NC and good riddance
Agree Ariel. This is bordering on criminal now what they are doing to this company. When you consider oil has rallied to $80 in the same space of time that this has fallen off a cliff. Yes Fortuna has been a disaster and yes they are not heavily into oil but even still, no other energy stock has performed close to how badly this has. This is just badly managed, there are things they can and should be doing and at least attempting to communicate to shareholders but it is as if they just want to continue crushing the share price. Beyond a joke
Steady as she goes. Regular payments, all ticking along nicely. Volume and trading have dropped off because of lack of any proper news. Patience is all that's required. Pesh looks mega, Tawke and Taq Taq drilling to kick off soon. Maybe Bina Bawi oil?? who knows..... plenty of upside remains imho
makes you wonder- other than destroying shareholder value what are the BOD actually doing here if anything? Just waiting for the share price to go to zero??
bordering on ridiculous now, guessing there will never be any upside here. Wish i dumped, never know a share as bad as this
I suppose that was a concern of mine that i detailed multiple times- that they left the news so damn long that the PI interest started leaving. Still, its great news all the same, DNO kicked on a bit, even GKP did better than us today. Can't win them all
Really been shafted with this dog, just absolutely no let up. Can we not have some good news, any news just give us some relief :(
Anyone holding this has no one to blame but themselves- including me. The short position made this crystal clear where this was heading. Absolutely kicking myself for not bailing, this is going to around £5 now i guess. Disgrace of a share
good for you mate... play the game, wish i had the talent to do the same. Nearly sold some at 590 last month but hesitated, the rest is history. This is just a horrible share tbh. Caused me no end of headaches since i started buying. Cannot wait to get out once and for all
no wonder every man and his dog are shorting this. It's a 100% sure fire win. Why I think i know better I don't know, Company do nothing whatsoever to stop it, no contract wins, no communication, no defence, no updates, yea ok im pretty p*ssed of so will take a chill and switch off and lose more of my money here
nope, need 600p. My fault for buying more and being overly bullish. Easy mistake to make when the oil sector is doing well and this continues to be a pile of s**t, despite being about a third of its value from 5 years ago
Becoming pointless holding this, no upside when oil goes up and all the downside when it goes down. Really can't wrap my head around how this company has f***ed this up so badly