Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I will happily start adding all my comments here
This has a massive ev because it can’t sort out its debt, its production, the country it operates in.
The market cap was grossly overinflated for a company that also never communicates with it shareholders… and for good reason
Don’t be the one dude left holding the baby
Looks like mms got that commitment which is why they are moving the price up
Can’t buy anything on 1.30
So with Jennings done he is obviously supportive, sees the scale of the upside. Good that they have clarified so quick as means there is only blue sky ahead for this ridiculously inverlaued co
Large background buying going on also imo, only 1mm on 1.40
Market trying to get in a two funded JVs to production at this market cap is just daft on minerable ounces, suggested production levels. Enjoy the ride up
Look at copper lol
Do we want Glencore to bid for Anglo?
Said this would happen after recent results, good to see recovery
Yesterday’s close in gold was pretty major and it just proves that the demand isn’t going away.
Silver also went absolutely bonkers so those stocks will be in auction too.
If you like something really daft on valuation also check out BMV. It’s re/rating hard now as market cap is a daft £8m for two fully funded JVs to production. Company is targeting 100,000oz cumulative (40% net to BMV) on over 1.5m ounces gold. Could easily do a monster move again next week.
Anyway, the time is ripe for breakouts and CeY will be one next week, look forward to Monday!!