Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
How is that building behind the photo stying up ????? great design
Change of tune Leafie ššš» good...
Isnāt this just confirming the agreed transaction date of shares to institutional investors. So itās a transaction those shares at 3.3p. Presumably they were bought by the investors to sit on and not sell into the market for a quick profit. Also you would have thought they were fully aware of the suspension to follow only a few days laterā¦So it would not of been a problem with their investment strategy if you are holding them. Plus would you invest 4m at this stage without having an insight of knowledge about what news was about to landā¦ā¦ ?? š
Ok so this a bit of a nothing event, basically just poor form on filing audited accountsā¦.
What timing ?
I keep asking myself would 2 institutional investors put 4m in at this stage if they thought this wasnāt going to progress??? And the answer has to be noā¦
Is there a reason why Pedros & the PSC didnāt feature in this RNS? Is it because has been discussed in previous RNSās? The RNS today was more focused on the drill and the finances and objectives achievedā¦..but Pedros and PSC is lacking in the update ??
I donāt feel like that is exactly right but i understand why you would say thatā¦ā¦.if someone is willing to give you 4m as an investment surely that is with a discount? A month ago the share price was at 3.15 so the price agreed is above that but actually we now have 4m capital in the bankā¦.if you borrowed this money it would have interest on it circa 8 - 10 % so surely 4m investment is worth a discount to put the company in a stronger position. Institutional investors are in here to make money so 3.3 will be long gone in May. This is a positive place to be at 3 .5 - 4 p a shareš
Can you see any other information than this? Iv found the website, image and same quote but thatās it. Fingers crossed for some more updates early next week from UPL
Looks to me like someone decided to offload a large chunk of shares in quick succession, Iām just guessing by the close time proximityā¦..š¤·š¼āāļø strange
Nice short positive informative RNS todayā¦..not sure why mid morning looked like quite a few chunky sellās going through. Not sure why you would sell after an RNS very clearly stating progression and more news to follow soonā¦would have been nice to finish 10 / 15 percentage up after the start. But up is up and looking forward to this progression..all looking very good IMO
Does anyone know why there are small trades on this stock (literally a few Ā£)?
& why it fluctuates on such low volume?
I'm new in here and like the product......it's simple and pretty much does what it says on the tin.
Anyone have any clues about the future potential contracts and timings etc ???
Whatās important is noting though that there is a recognition that people directory will struggle to reduce intake by themselves and itās down to the big companies to take actionā¦ā¦this is where SALT is directing its actions. Be good to get some newsās soon. š
Canāt be right? Iāv just checked how many shares I own and it 4041 ?? š¤·š¼āāļø
$1000 Selling price at 1000 cubic is better than
$1000 selling price for a 1m cubic !!!!
More profit
Drill stem test ("DST") results carried out on the Itumbula West-1 well calculate a minimum flow rate of 0.5 million cubic feet per day ("mmscfd") containing 4.7% helium
I'm sure on a Friday these city folk go out for lunch about 12 ........have a nibble
pop back and the share boomed after lunch time & champagne.....?
2.5 ticking over..................Ok lunch time guys treat yourself to an early one today you've earned it š“