Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
This is a seriously profitable business being built. Ignoring the day to day. All things being equal a rerate will eventually come. Matter of time imo. Billion dollar company in the making!!
If we mine 11000x4x12mths =528,000tons pa. Using 1hwm.
We get lom of 56 odd years based on recoverable of 30m tons!! Multiply that by 2hwms and doubling production. Still get 28 yrs of lom!! How much is that worth!!
Explains the massive out of hours buys. Think more to come. Lets not forget the director buys before too :)
Agree fundamentals are strong. We need to clear this persistent seller/selling. Now is the time to just hold tight imo.
Crazy situation but a very good opportunity to top up for me. Momentum is building. MM report anytime. Proof of operations ticked off. Lets ramp production. This is now a fully blown producer!! With a significant resource upgrade due. You cant get better imo.
Well said DD and BigK, maybe already be happening. £129k buy at 92p odd cannot be pis?
That sp target will need to be increased when MM release the resource update and the lom will likely increase significantly.
Daily chart turned positive. Pushing to rise above MA50. Will be very bullish when it does and imo likely to hit previous highs. On news target will be £2+. LETS GOOOO BEN!
Just topped up another £2.5k worth. Will earn me a nice holiday soon..
Excellent news. Strong progress being made. Hats off to AW in also having the auditors present will counter any naysayers!!
D Harris added more, some at 65p, clearly saw an opportunity at cheap levels :)))))
Check the local looney asylums for missing persons. Quite a few have escaped, clearly demonstrating irrational thinking.
Hardly, within the bigger market malaise there are many individual catalysts. BEN will have plenty.
This is really strong on a technical basis. Expect £1 to be smashed in the next week or so. With the right news £2 will get smashed imo.
60% from £1.06. An investor mate had similar but he said 58p level albeit from around £1
I had FIB retracement level at 63pish. It overshot but pulled back nice and steady. Bodes really well for us to surpass £1.20 in due course.
Superb!!
Well done Europa. Hope AW should switch to proactive interviews. Last one with the roast boys was damaging imo. Nothing wrong with BEN nor AW. I think he will deliver..
A lot of the profit takers and weak hands cleared. Bodes well for a super strong rise on news. Today was a gift. Tga went from £5 odd back to sub £3 and then hit £12. Ben will do it's own version on Ben scale. Gla:)))))
Will end up blue! Bought another £14k worth and in profit :)