Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Out of interest what are expectations for gold produced and aisc?
I’m going to temper my expections and say 26,000 oz and I also think aisc is going to be higher than we think due to Covid and fuel costs do not contribute to aisc as much as originally thought - only $80/oz so any reductions is fuel costs won’t offset Covid costs. I am therefore going to say that aisc is going to be $1000-$1050/oz. maybe a little pessimistic but I would rather it was better than my expectations rather than worse
Gold still rising and share price getting back to where it should be before the rns, honestly I don’t think I have ever wanted an rns more than the one coming!
Gold* short
Gold still pushing higher! Didn’t you say you had taken out a good short shandy?
After everything you said yesterday the fact of the matter is that you still think that hummingbird is a good investment or else you wouldn’t be looking to buy in. So by posting negative comments you are only looking to increase your own returns, not because you believe the business to be unsound and it’s because of that, even if you manage to buy in at the price you want and your comments turn positive you’ll always be taken with derision and abused
If you weren’t such a cretinous weasel shandy you wouldn’t get the abuse! We are also by far not the only gold miner to be down today so I guess they are also getting an rns tomorrow? When the share price does rise to say 50p will you be a man and admit you are wrong, I’ll gladly say you were right if it gets back to 30p!
Oh good lord shandy’s actually justifying himself, I think I preferred it when I believed you knew you were being a human rectum on purpose, but to not realise you are being a chutney chute is frankly quite worrying
Good job we are making plenty of money as it looks like we need to buy shandy a calculator too! At this rate you’re going to need your own line in the liabilities section
You got in there before me mate haha!
Nice big buy at 11am today for £240k @ 40p, clearly still appetite for these and with gold at $1960 it’s hardly surprising. Looks like we weren’t the only gold miners to take a bit of a hit today, guess we can’t rise by 3-4% everyday!
Well I hope he isn’t paid, they aren’t getting their money’s worth that’s for sure and I would have thought we were deserving of a better class of deramper, maybe when we have the second mine up and running then they will come. Until then we have shandy and feel sorry for everytime he misses another opportunity to invest
Do you actually know him sands?
What price did we pay for Cora shares? Maybe when we finally sell them some money could be put aside for a new saucepan for shandy as his is a bit leaky
Not sure if this was posted before - https://www.google.com/amp/s/www.thisismoney.co.uk/money/investing/article-8564581/amp/SMALL-CAP-IDEAS-AFC-Energys-hydrogen-rally.html
One of the things I read about professional investors is that most are much better at picking a point of entry than they are of exit and few realise the full potential of their investment. It’s always tempting to try and get a bit more but if you are close to where you want to be then why risk it? It’s almost worth selling up just to stop having to see shandy write about his alien encounters of the rectal kind
For someone who knows read all the books and knows all there is about trading I think you might have overlooked one - ‘averaging down’
In terms of the dugbe deal it is good, we get someone who will more than likely get it to production which is more than hummingbird has so far and would be way down the line even if we did. We probably could have got more for it and I wasn’t happy at the time with it effectively getting transferred partially to a private entity but it doesn’t really matter now, it’s getting developed and that’s the main takeaway
Was in itm before I sold and bought in to afc. In hindsight I should have either waited a little longer in itm or earlier into afc but that’s life. Things are looking good at afc so no worries. I’m in mining and tech other than that, always worth having one gold stock for times like now!
You’re also in afc energy banana?
No just someone acting like they know it all yet seem to be spending a lot of their time posting on a small cap one mine stock
Yes yes you are the best investor ever, well done