Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I see the CEO and chairman have each invested £5,000.
They must be hugely confident and committed ......... what a bunch of jokers !
They should NOT be running this company ! Part timers who are content with taking a salary.
EOG must have wasted £ 20 - 30 million over the last 15 years and have and still continue to dilute shareholders to hell and what have they achieved: a £6 million market cap company with little upside provided no technical issues of course. Wow they may get to £12 million ........ in 5 years.
Nothing changes here ....... still throwing more money into Morocco offshore exploration pipe dreams. With the money they will go and find another offshore 2d seismic off the coast of the Seychelles or somewhere to waste money on.
I started investing in this company around 8 years ago and averaged down etc as I still believed in the potential ...... what a waste of money and energy. There are better opportunities out there and to watch this inept bod is just infuriating.
Why do a placing now. They should have at least waited until Wressle was on line and the share price was stronger. The pattern will continue !
Rant over, after many years, I'm out and good luck to everyone.
Once it stops being shorted on Nasdaq
Once B Riley have sorted the institutional placing
Once from a technical perspective the 50 day ma crosses the 200 day ma
Once sentiment changes
And finally, once we get news and buyers back in ......... then this will move fast to the next level !!
DYOR
I couldn't resist another 3000 shares at 139.52p.
Hopefully one of my better top ups.
Did anyone notice the 7.75 million late reported buys from earlier (looks like 4 chunky buys). Price was dropped to create sells which was then bought into. Certainly not a blood bath and 8% up on the day.
Continued background accumulation in my opinion as this pattern / activity can't just be pi's.
I'm holding for news !!
That should read: Swedish authorities re Storuman permit. The last time the sp spiked to nearly a penny, I thought permit news had been leaked (however it was pump&dump back then), but this steady sp rise feels different !
Loads of new prospects now and just need one decent discovery.
Hoping for some positive news like everyone else who's been here for a few years.
I couldn't resist another top up today.
May be I'm being too optimistic here or I have got my calculations wrong, but I see real value at this market cap.
Anything can happen obviously and LC has a tendency to dilute, miss targets etc, but only time will tell and I don't think we have long to wait for potentially transformative news !
GLA
Another company doing trials on alzheimer is Cassava (sava). They were valued at around $80 million last September and now over $2 billion. Only one product and one blood test for alzheimer and still testing (yet to do phase 3 trials). Recent trial results weren't in my opinon mind blowing (no pun intended).
The FORTUNE of biotech companies can change quickly ........ a few months can make all the difference.
We have lots in the pipeline ........
HOLD tight
TYM has a market cap of only £4.5million, which is not a lot in the mining arena.
I bought in a number of years ago for the flourspa project in Sweden (Storuman), but still no mining permit unfortunately. In addition, there was flourspa in Nevada - eventually we were notified that mining it was uneconomic, so shelved.
IF just one of tym's newer projects were to be a success / find something noteworthy, then the share price will really re-rate. We are still at pre discovery market prices here.
I like the look of Brunton Pass in Nevada. If they can find copper at around 5%, in quantity and it's open pit, that would make it one of the world's best mines. Grade is king !
Take a look at CLC mine in Spain......... it's a monster.
Find just one worthy project (need a discovery) or get the Stourman permit and this will be a multi bagger. Yes it's speculative, but I've been here years and I can wait a bit longer.
DYOR and we deserve a bit of luck here for us long suffering shareholders.
GLA
They were aiming to raise 4.5 million for MED and have raised £5 million and full listing, which is a good sign.
Once this lists and the herd arrive (kibo needs new blood), this will re-rate.
I've been topping up recently and will again as kibo's market cap is in my opinion far too low, as based on previous history and missed targets etc.
New investors will ignore the past once good news hits !!
No guarantees here, but it's a decent punt at these levels for sure and with Africa the real game changer.
Suppressing the immune system seems to be the better option. Israeli experimental drug had good results yesterday: EXO-CD24.
Tizania's next covid trials will also focus on same principle using Foralumab and IL-6R.
I think once the B Riley institutional placing is sorted then with some positive news the sp will move to next range 200p base.
In my opinion, just hold and let things unfold ...... lots of news this year !!