Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I think the pertinent issue here is how prepared we are with regard to tracking and verification.
Why has this P-chip link up been announced NOW?
Is tracking and verification am issue with the current BBPM/BIG-CHEESE , could it be a reason for the apparent delay?
If indeed this is an issue that needs to be addressed we have to remember this will take time , a most precious and finite commodity.
...and talking of time we should consider there is normal time , shall we say Greenwich mean time , and then there is SYME TIME... and MAN! ...that REALLY DRAGS!!
In order for SYME to attract funders they must be able to reassure them that tracking and verification is possible. I don't know whether or not or to what degree this might be a stumbling block at this point in time but one one like to think a lot of thought had gone into it BEFORE now... 🤷
@TG2D...
Earlier this morning you were a bit behind the plot when you posted a newsflash that was over three years out of date and now you are getting a bit ahead of yourself when you say "inventory tracking system is in place"
No it isn't , take a deep breath and try reading thhe RNS again .
Alright Sherlock , I think we've got the gist... 😂
...but don't eat cheese late at night , it can give you nightmares ya know 😧
I LOVE CHEESY PEAS ME! ❤️
Cheesy P-chip portions! 😂
Over 70 billion now isn't it?
Jarv , of course , a vital part of the proposition i would have thought.
...or , in a nutshell , funders might be a little more willing to come forward if we can keep a track of the goods we are asking them to monetise...
by sticking a chip on it 🤷
...and as for all the smoke and mirrors and back room chicanery - I have long since lost the plot 🤦
I am totally on board with your frustration Wiggy but as for...
"it's no wonder no institution will touch this with a barge pole"
well I would be inclined to go along with that too but for recent RNS's telling us that BBPM are stumping up some cash- albeit a trifling amount in the great scheme of things to do just that.
My feeling is that BBPM are having a little trial run to see how it all works , and are not yet whole heartedly commited , they have heard SYME talk the talk and now they want to see if they can walk the walk.
Those of us who have been here for a while already know AZ can talk the talk but as to whether he can walk the walk???
...we shall find out soon enough but to avoid disappointment I will be keeping my expectations low.
I hold on in hope rather than expectation 🤞
...fun lovin' criminal?
I don't believe it will just get left hanging , i don't see that as an option.
They need to investigate , come up with a decision/course of action and then tell us...
What has gone on and...
What are they going to do about it... and the sooner the better so they can concentrate on progressing the company forward.
To be honest i am not all that fussed whether he stays or goes or gets pushed sideways , i am not in possession of all the nitty gritty and have to trust the board to do the right thing.
Yeah , no harm in day dreaming about a knight in shining armour coming over the hill - saddlebags laden with cash but I suspect LB is right , us pi's will be the last to benefit from any takeover.
Clearly there is a delay with WL , contracts supposed to signed by end of March was it? ...and well into May now?
If that delay is around getting the first WL right so that subsequent transactions can flow more readily then so be it.
One stand alone WL transaction will be completely worthless if it can't be followed by more , many more and quicker than you can boil asparagus! 👨🍳
otherwise we are...
doomed...
DOOMED!...
DOOOMED!!...
☠️😂
Well you may be surprised to know it's NOT on AIM - but I take your point.
Well of it does die a death we can always have a wake...
No need to be gloomy 🙂💀⚰️😂
New shares will enter market on or about 28th May.
All sounds entirely plausible Staylong...
Exciting times ahead 🤞
@TGTD...
I think you're making this up on the hoof mate...
I seem to remember you saying only a few short weeks ago that BBPM would be taking up a 20% equity stake in SYME and providing us with a working capital credit line...
I look forward to your next pearl of wisdom with eager anticipation 🕵️