Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
My best guess is that the lead market maker took the last line of cheap stock and with no bulk seller about is keen to shift stock at a good premium...hence 4p minimum soon.
Very much under the radar at the moment but having seen the end of the matched price action for months this should rerate to 20m mcap .pending news. Then either back to sub 2/ or 10/+
+26% not too shabby
Main positive is that we now have fair price discovery with mm's now interested
NT to buy
Not without risk but multibagger opportuny
Market makers now keen to make a market
Could quickly go to 4p
Things starting to look better here
At the current brent price of 69 $ financing our 40% working interest share of Otakikpo should be straightforward really.
Metallon have been highly oportunistic in gaining control here. If they play a straight bat this could possibly be the turnaround story of 2021.
Finally some sp progress near cop.
Massively undervalued
Tick up on the Ask finally
Looks like it
Asking 2.4 for any size on IG
Looking like it
Mms could readily make a market at 2.5 -3 here
Yep , show us the money Lek!
Hi mark
Admin costs running at $1m per month
Lifting costs c.$20/
Company must surely be throwing off healthy free cash flow now?
Spangel would have had the bod rns a material drop in production. Just need confirmation .
Somewhat surprised by the lack of pi interest here.
Metallon have not added and seem to be acting in shareholders wider interest judging by the quick default rns.
High risk , high reward i guess
Clearly Metallon are in charge here.
Looking for a 3-4 bagger simply on reasonable oil production being confirmed.
Lifechanging
10p please
Net revenue at current brent pricing should be in the region of $48m. Allow some production downtime and small discount to brent so say $45m.
Current m.cap of £10m is simply bonkers?