Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
It's a good RNS, but no real new news.
The grades just confirmed what we knew from earlier rock samples, we will not move until drilling is started in Q1 with no real take off until the first assay results which will be mid Feb at the earliest.
Problem is that a BOD always says a placing was oversubscribed but never by how much. At leas with a public placing you can make an educated guess based on how much your application has been scaled back.
Some of us can only dream of a loss like that.