Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Give it a rest Bazzaman you’re like a broken record. Why don’t you email Ashman and ask him your questions? He’s always answered mine and many others. Troll somewhere else nutter.
Well said Aquae, Bazzaman seems bored, he’s posted on several companies boards this morning, never anything particularly positive at any time. I prefer the slow rise to the big jumps, it keeps the market makers away. As I said earlier, as long as SA presents before the end of June he will have fulfilled his promise. Let’s hope the next announcement is a further reduction or clearance of the loan note. I’ve lost track of how much is remaining? Is it £800,000?
Toyin, I'm merely pointing out a broad assumption based on the interims. A solid presentation with excellent news from Croda and Dermatonics and the SP shot up and then slipped back to previous lows. If he released acne or indeed anything else we are likely to see a brief rise and a return to previous pricing because of the looming spectre of the note. Why not clear the note and then release? I totally understand your approach and you are correct, I am just thinking of the unjust kicking he received from TW and the fact that many are baying for blood here and simply stating that of I were he then I would try to clear the note in its entirety and then issue news (that is assuming he is able to do that given the rules) Just my humble opinion.
I think we all need to step back a little. SA said he would communicate every 2 months / 6 times a year. He has already presented twice since January so as long as we get something before end June he has fulfilled his promise. Secondly, I would imagine he's trying to get this infernal loan note cleared before he releases anything else as that is what is holding us back. If you look at the last presentation from SA with excellent Croda news and Dermatonics etc the SP rose significantly but came right back down as conversions were issued. Why push for good news until that note is removed? I'm not saying he can remove it altogether but any significant reduction would surely alleviate investor nervousness.
We had a great video from the Croda project lead lady that confirmed we are at the end of the project at the last invest meets presentation about a month or so ago, that's the first time we've heard directly from Croda. We also had a video from the chap at Dermatonics which talked about the Modi group opportunity, I would say that is all very positive. I would imagine SA is flat out trying to clear out the remainder of the convertible loan facility. That would be the best news we could get in the near term. Until then, IMHO the SP will not budge as the market fears the remaining conversions dragging the price down. That's all that's stopping me piling in. In the meantime a little top up here and there to bring my average down is all I'm comfortable with.
Mrvivo, New profile, one post, looks like Mr Sheedy trying to worm his way back in. Do us all a favour and do some homework.
I agree Leapfroggy Bekker is definitely a weak link and has done nothing in the 2 years since she was hired. I didn’t understand her appointment in the first place. She has no relevant transferable experience and is an unnecessary waste of a seat at the table. Needs to be replaced with someone who can deliver and has sector experience.
Why would Macquarie sell at the conversion price? They want an upside surely? The very large trade the other day was at 9p so they would have made 2.5p per share margin and Tyndall get a large block of shares to add to their already significant holding below market price. The good news is that the newly released shares now sit in long term holders hands and the facility is almost halfway done in under 3 months.
Once again, which part of the RNS last week do you not understand? The shares are converted by Macquarie and then bought by long term holders. Tyndall were specifically named which means this intent would have to be proven to the authorities before that statement could be released. Now you start to see the transfers coming through (and they may not all be on massive blocks) and you’re off scaremongering yet again. Time for the filter methinks.
Cath is the inventor of the Axisbiotix products and the Skinbiotix / Croda products both of those technologies are being commercialised now. There are also 3 live microbiome projects running with the university of Manchester and she is leading one of them (Inflammation, Oral and Epiderm). She returned to her full time role at the university and is still the scientific advisor to the company. She was always part time and has simply reduced her time with the company. Do you actually read any of the RNS that are released?
Well said Cliostock. Spouts a rumour and then publishes it. To what end? TW was vile towards SA and the CFO but seems to be able to act with impunity.
Happy to see that the institutions have hoovered up that conversion. Better in their hands than market makers and shows the support from institutions is still there. TW doing his usual job of spreading totally unfounded rumours in order to tank the price so he can buy more shares.
Bazzaman, what a ridiculous post. The only thing that hangs over this company and its potential is the loan note. You clearly haven’t got a clue what you’re talking about. Grow up
Bazzman, it is precisely comments like this that stop listed CEOs from communicating with the market at all. Why would anyone give a timeline to a bunch of baying wolves? SA said that "if I can get the lawyers pens to move fast enough, I hope to get a deal done by year end" He missed this by three weeks and the market called him worse than muck for that. There's no way he's going to give you another hard timeline. Why should he? He gave a solid account of progress to date in his presentation on Friday last week. The share price has doubled since that day. He has admitted that the CLN was not well received by the market. You also have to look at the external influences to all of this. Why are you not blaming Tom Winnifrith and the rest of the trolls for the drop? I've used the drop in SP to lower my average. That strategy has worked extremely well over the last five trading days. A market gets the CEOs that they deserve, we had a very open and honest strategic thinker that conversed openly with the market in the past, if he makes one slight error he is torn apart for it. He's also been directly instructed not to give external interviews behind pay walls. You reap what you sow.
Having just checked, that 26 posts in 6 hours, that sounds a little obsessed to me.
So this individual joins this forum a couple of days ago and rapidly issues 26 messages all attacking SBTX and specifically Elrico and holds no shares at all in the business. Most certainly this is the disgraced Mr Sheedy.
Filter applied and complaint made. It’s definitely Sheedy. Total waste of space.
What an absolute tool. Oleric you need to take a chill pill. You are massively discredited. Nobody listens to your utter drivel
Belgrano wrong as usual they didn't take a 50% increase at all. We all asked them for a cut, they've taken the same as OPTI did and they've backdated it too.
I think Elrico does a great job and is very balanced. Doesn't lose his temper like some. No complaints from me