Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
mmmm....
10-Jan-22 15:59:12 15.10 18,100,000 Buy* 14.40 15.00 3m
Thanks Jerry for clarifying I did not intend to take your post out of context. I just took the $50m without factoring in the Royalties. Out of curiosity and in this example of a 5% NSR what might that look like financially ?
Best R
MFU
TJ1979
I agree with everything you say so no conflict issue. But ofr all our bravado and belief in GGP, I personally have no expectation that any of our other tenements will hit. I know that sounds pess but so far Scally,Goliath Juri JV etc has hit nothing of substance. This tells me the experts that say this is a one in a million find are correct.
So it boils down to Hav (IMO) and quite frankly with 2m shares in my possession I would be delighted with 30p which would give my SIPP a substantial boost and enough to meet all my goals.
PS Not sure there would be a bid by the way just saying if it happened at that level I would accept as I am not greedy.
GLA MFU
"The 5% valuation will steady the SP and will give us all a true estimate of what the companies think this whole project is worth".
Hi Aqua I hope you are right. However anything below the pro-rata equivalent of the current market cap and our SP could easily drop to that base level ? JS was saying last night he would be happy with circa $50m to pay off our loan and some kind of NSM royalty payment moving forward. If this was the agreement that might imply our remaining value is around $250m which would roughly halve our SP (before any currency conversions)
After the year we have had and all the shenanigans showing no sign of stopping if any kind of takeover offer came along north of 30p I would take it. I am not greedy on this and I think perspective sometimes is needed. I do have time but my patience with these sh@sters that come on and disrupt both this board and the SP is being severely tested
GLA MFU
Anyone fancy picking the bones out of this bunch ? Buys sells shorters worked buys worked sells :))
07-Jan-22 16:05:54 14.991 173,516 Unknown* 14.70 15.50 26.01k O
07-Jan-22 16:04:16 14.991 173,516 Sell* 14.70 15.50 26.01k O
07-Jan-22 16:02:07 15.00 173,516 Sell* 14.70 15.50 26.03k O
07-Jan-22 16:01:54 15.00 633,333 Sell* 14.70 15.50 95.00k O
"Eric - forgive me if I'm wrong (as the post history is currently disabled), but I'm pretty sure you said the other day that we don't have any institutional investors"
Brilliant -nothing like shoving the words of these derampers straight back down their throats !
GLA genuine holders
MFU
Hello all shareholders and happy new year !
The last RNS I can see re Scally drilling was from 24th August stating the plan was to carry out more exploratory drilling until late 2021. Can anyone update me on this-has SD mentioned this in one of his recent interviews or has it been referenced in Hav/JV updates as I am struggling to find anything -I vaguely remember hearing SD talking about the Geologists in the team pacing around looking forward to results but can't remember if that was for the Juri JV ?
Any direction would be much appreciated-trying to gauge if something might be due soon or more like Q2 ?
Cheers &GLA
MFU
Final post of what has been a gruelling year for the most part. Thanks to all genuine investors who have taken the fight to these deramping groups. Monday's fantastic announcement gives us IMO 3 opportunities for continuing our SP recovery into January and February
1. Upgrade of MRE2
2.Huge anticipation of the 5% deal
3.Sentiment Sentiment and Sentiment !
GLA and very best wishes for Christmas and 2022!
MFU
Not sure about that...3 x 300-500k sells gone through this morning..tells me they are active?
GLA MFU
sandgrounded that could be a bloody good call...MRE2 pre xmas or year end....then 4-6 weeks for both parties to work on their fair value assessments...would you want to be out of this right now ? :))
GLA MFU
gold5 the vast consensus is shorting or organised groups has been ongoing since PFS in October. Even today with a fantastic RNS they wait in the background and as things start to quieten off whoosh one after another (no one really knows why as part of a predator group or more likely to buy back cheaper) 3 examples below all within a couple of mins..
21-Dec-21 15:52:26 14.700 140,870 Sell* 14.60 15.00 20.71k O
21-Dec-21 15:51:54 14.80 250,000 Sell* 14.80 15.00 37.00k O
21-Dec-21 15:49:52 14.785 179,311 Sell* 14.80 15.00 26.51k O
GLA MFU
1.Fabulous news to chew the fat over the next 6 weeks
2.Overdue lift in SP
3.No change to the shorters behaviour...still selling the life out of this especially this pm
4.Very best wishes to TomE and Cjm
Very best wishes to all for the festive season and 2022 ! :))
MFU
16-Dec-21 08:09:31 12.85 1,051,202 Sell* 13.00 13.10 135.08k
this "short" IMO is what caused this morning's drop...nothing to do with pi's nothing to do with our world class asset ALL to do with playground bullies engineering every type of skullduggery to get you to part with your tickets. Like you Nap I have taken advantage sub 13p so having powder dry has once again come in handy
No more posts for me while all this cr*p is going on !
GLA MFU
It's Rigged ( no pun intended) :((
GLA MFU
Wow what a deal bigmj...how do you get a price below the market rate like that ? There was a point later afternoon we went NT to buy and bid jumped back over 14 for a while
GLA MFU
5 more after hours huge shenanigans here what a load of corrupt bar stewards :((( Over 5m of sells !!
07-Dec-21 16:41:48 13.926 1,854,938 Sell* 13.90 14.00 258.31k O
07-Dec-21 16:41:34 13.90 162,866 Sell* 13.90 14.00 22.64k
07-Dec-21 16:39:36 13.984 560,953 Buy* 13.90 14.00 78.44k O
07-Dec-21 16:38:14 13.853 1,060,092 Sell* 13.90 14.00 146.85k O
07-Dec-21 16:35:08 13.90 2,048,755 Sell* 13.90 14.00 284.78k UT
and this one H ??
07-Dec-21 16:26:12 14.00 835,516 Buy* 13.90 14.00 116.97k O
and another one miraculously at bang on 14p !!
07-Dec-21 16:30:08 14.00 1,361,841 Buy* 13.90 14.00 190.66k
Complete and utter shambles LSE & MM's in unison utter tripe manipulation of the highest order!!
GLA MFU
did you mean this one Hydro ?
07-Dec-21 16:22:54 14.00 1,361,841 Buy* 13.90 14.00 190.66k
GLA MFU
thanks guys...just back in from "out out" work today and read your excellent, open and transparent posts from earlier
GLA genuine holders
MFU
Wow Dodge/TT- that's uplifting in every sense. Shorters closing or new buyers arriving...all looks much more promising ! I DO like Monday's after all !
GLA MFU