Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I think we all feel like that riches but it does seem like shutting the door after the horse has bolted. End of the day we appear to be virtually powerless over this one. It's all a real mess and infuriating for all of us, some of the blame must rest with AIM for allowing such a cowboy outfit to register in the first place....you can see it happening with other shares, totally unregulated.
this is just drifting...I know some people buy shares and put them in the bottom drawer but it's a bit much when the CEO does the same. Can't we get rid of this Bandy guy, he's a flippin' liability and a drain on the expense sheet that we could all do without.
I haven't noticed anything happening here for about two years now. Incredible really, I know Directors require a salary but usually it's for doing something.
What an exciting week!
Lick your finger and stick it in the air!
agree with you both, unfortunately AIM seems to be full of Bandy types these days who sit back drawing a salary for F/A indefinitely and unhindered no matter how angry the shareholders become. I'm sure AIM investments weren't always like this. I can remember a time when you saw up and down movement going on and you could dip in an out to suit...that was the point of such investments. Like many I feel stuck here now though and don't see any other great prospects out there worth the punt....just hope something positive occurs to this share during my lifetime.
"this company is extremely poor at times of no activity"......that's all of the time though!
isn't there some legal requirement for a company to be actively be doing something over a certain period of time in order to retain an AIM listing? Surely otherwise any twat could come along, register a business, sucker a load of investors and then sit back drawing a salary for f*ck'all.
Psychiatric help maybe.....we must all be barmy to have invested in this con -artist and his associates.
Thought that was Bandy's job....he's getting paid enough for it.
a lock-up garage in Chelsea.....
Humph !!!....
Nice idea Riches. I've got a question......What does Bandy do all day when it's raining?
Nobody knows diddly on this share!!!....why pretend otherwise???
Yep Charlie, we've all been suckered on this one. Should be a law against such practice really but hey....this is AIM.
Have they ever been in possession of a decent asset.....I mean EVER???....Other than being recognised as a lazy bunch of pr*ts, does anybody in the firm actually have any record of competence in the oil industry that would entice a JV partnership (because no-one appears to want to know them)?......and what do they intend to do for the next two years or so (apart from drawing wages)???..........Sounds like a good firm to work for.
Yeah, I can still remember when £ 7million was considered to be a lot of money.
I don't think the city is all that bothered to be honest...they probably think RMP is a one person charity for washed-up CEOs' anyway.
is there one?
Indefinitely apparently....or at least until the money runs-out.