Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
13P-13.50p :-)
Highlights: · Ferrochrome ("FeCr") production up 1.3% on the previous quarter to 58,621 tonnes ("t"), the second highest quarterly production, and half-year production record of 116,469t, up 5.8% on previous record, driven by operational improvements · FeCr sales of 57,394t, up 9.8% on previous quarter's 52,249t, which reflects the higher commitment of sales in Q214 · Net borrowings reduced to ZAR372 million at 31 December 2013 from ZAR393 million at 30 September 2013 · Zero fatality track record maintained; continued improvement in overall safety performance · FeCr inventory of 16,156t at 31 December 2013, in line with 15,550t at 30 September 2013 · Operations (excluding working capital) cash generative and expected to be profitable for the quarter · Production costs continue to allow company to be cost competitive with global ferrochrome producers · Review of the Lesedi underground mining operations continue and will be announced over the March quarter
13p paid ;-)
Looks like its on the move now.
Someone pumping £1.8mill into IFL, then a £56k buy later confidence must be returning..
Anyone confirm if these are buys or sells...
The total resource has increased significantly by 64% from 125 million tonnes to 206 million tonnes and the average chrome oxide (Cr2O3) grade has increased from 34.49% to 37.57%. In addition, the total reserves have increased by approximately 6% from 87 million tonnes to 92 million tonnes with the average Cr2O3 grade having reduced marginally from 28.11% to 27.85%. The improvements in resource grade and tonnages largely reflect the re-modelling of the resources at Sky Chrome and Lesedi Mine as well as the conversion and the addition of the inferred resources at Sky Chrome Mine.
http://www.igindex.co.uk/content/files/ukratings_11oct2011_igipm.pdf
Glad I sold at 65p, after nursing a paper loss for almost a year. GL all
Some good buying at 60p, should break through soon.
+20.41%
TNI, still on the fall, might join you guys at 50p as well ;-) Anybody thinking of buying some yell when it goes below 6p again....
Well DOW failed to impress closing below the 12000 mark, could be a real possibility for Lloyds to go below 60p now, im still holding some at 62.90 but will buy more when i see some real direction. What sort of averages you guys on lloyds.
Cheers mate, if only it jumps from 50p to over 100p like it did in July 2009, lol, still waiting on sidelines ready to jump in soon.
So this is where all the chartists are hiding, LOL. Ive been looking at TNI since it spiked to the 80's recently then dropped after a not so bad RNS came out. Was initially going to buy in at high 60's but held back, glad I did. Now keeping an eye on it, as I cannot rule out this going to high 40's before a rise, dont now how you guys see it....
trades in shares and will give you very good pointers. Once you come in the inner circle you will be introduced to more guys, have a laugh and talk business, lol. Get chiffa to give my email to u also. see you soon
u there