Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I still think Matd will beat Bloe in the long run.
Results aside, the management there is much more adept. Yes, we've been unlucky, but at least there's no hype. Everything is reported back as they are. Again, everyone is looking towards Heron
Very disappointing indeed. I was here since the Bergen days and sat through results as far back as Wild Horse. Had not sold a single.
There is still Heron and I might as well hold for that. No point selling for peanuts
Why would I want to sell another share to put in here? Bloe is not a sure win.
In fact, I been looking at Metrobank and their sp went from 8quid to 2quid in a few months. They are in a mess but I don't think its the end for them. I probably have better chance there if I buy in low and hold
I suspect they are are ran by the same people in the background. The management style follow a very similar pattern. Hyping, not delivering, revoking, name change.
I wouldnt be surprised IF at the end of the day, these guys couldn't prove up anything commercially. We've been told how good the oil is, now 16a has gone up the creek lets move onto well38. If Well38 proves not commercial, it will then be the gas.
The pattern just goes around in cycle. Huge sums goes towards the company, but what returns have or will they be able to bring to investors.
I know many will disagree with me, but where was the gold when they hyped up the Ghana prosect.
The same apply to the oil in Georgia. These guys need to get their act together, seriously.
Until now, they have only proved to be a liar for over hyping the prospects
Omg these rampers are shameless.
Funny none of you mentioned the history of the company once named Goldcrest Resources. Everything also looked promising then until they revoked the licenses.
All the demand for gas may be true, but its about whether the company is competent enough to get it out the ground as promised. What happened to 1400boed?
Why are yoy guys not questioning the integrity of the company since nothing said has been ever achieved by date?
Why should I trust the bod?
Thank you very much guys for the summary.
It helps a lot by giving me an insight to what is actually happening
I want to buy, but just making sure there isnt any underlying risk I'm not seeing. Anyway, will do more research
Surely, if the company ain't going bankrupt (some posts I read) then surely this should go back up in time?
Can somebody summarize why the sp has gone from 8quid to 2quid in 6 months? Looking back further this share was at an much higher sp