Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Completely agree Snowboots. Why the hell would anyone state 'I'm voting against', when that will result in losing everything? I'm sure the numbers given in the RNS haven't just been plucked out of thin air. This is what Gary and his team deem necessary to get the****** at the FCA and the judge onside. Get it through the court, get new products back to market and rise again. All this talk this morning from a couple of posters of 'this is going to 1p' is just said posters hoping that it goes to 1p. This mess is not Gary's doing, It's a combination of past management, greedy claims companies and totally incompetent FCA, as well as that bitter old cow at Debt Camel.
Sorry for your loss Matty. I hope you can find some way to hang in there mate, because myself personally, would almost rather go homeless temporarily than sell these shares on the cheap after grinding it out or what is now just over four years. The end is within touching distance.
JRDC, that's a reasonable analogy in the case of the car because you would hope it would be worth 10k in future. However, I used the figures 6k and 10k in my analogy replying to Peepee, with the 6k representing his 60p sale of GGP and the 10k representing £1. The figure of £1 would not be a 'hope' as in your car analogy, yet a figure that is as close to an absolute gaurantee of future value as is possible. Anyone invested here over last few years, or anyone who has done sufficient research knows this. 60p for GGP or indeed just 100% of Havieron is an outright joke of a price and should be rejected out of hand. Don't get me wrong, 60p would give me more free cash than I've ever seen, but the longer this manipulation, and quite frankly theft of shareholders' money goes on, my resolve stiffens. It has to be an absolute bear minimum of £1 as a starter.
Restoration, here is a post of mine from 08 December that still very much applies -
"SG, I feel your pain, we all do at the minute, but I hardly feel like SD can be blamed for the current share price. I don't know enough about placings/rights issues to debate about how that was handled but it certainly isn't his fault that every set of excellent drill results is met with a drop, or that Scally was hyped to the moon and back but results weren't stellar, or that the labs are still dragging their arse or that the MMs are just p&*^ taking b&*tards. Let's see how he handles the AGM".
SG, I feel your pain, we all do at the minute, but I hardly feel like SD can be blamed for the current share price. I don't know enough about placings/rights issues to debate about how that was handled but it certainly isn't his fault that every set of excellent drill results is met with a drop, or that Scally was hyped to the moon and back but results weren't stellar, or that the labs are still dragging their arse or that the MMs are just p&*^ taking b&*tards. Let's see how he handles the AGM.