Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
One person bought 08/10/19 42182 shares at £1083.
Sold 09/10/19 421820 shares at £936-44.
Thats an example of lack of confidence.
Quite the norm here.
Mr Strong Buy. ??
You have been spouting the same bull**** on here since you first posted in 2016.
And probably under a different name before that date.
Ref, Trucks & plant maintenance.
It is difficult to be on top form ,with plant running 24/7.
One seemingly small problem can lose a day.
eg. Conveyor belt to the feed.
I was involved with deep mines.
Changing the lift cables after inspection was a day of lost production.
That time is lost forever.
It only takes one seemingly small fault,for this.
Most will not understand.
But mining is unpredictable, the market is unforgiving.
As I have said before, the final years profit, is most important.
The driver of business, not like companies like Tesla.
G L A.
ACP used a none existent mining contractor in the gold mining fantasy days.
But at least there was contractor with a similar name.
They knew nothing about Armadale , the charade lasted months.
The same is happening again, along with issuing millions of new shares for directors fees.
These people are not living in Europe and not privileged to live in the 21 C .
And not in cities.
They survive as they have always done.
Hard and dangerous work,to keep their families fed.
It was no different in mines in UK before nationalisation in the UK.
In the mines strikes and previous depressions people picked coal of waste tips and dug holes ,they knew where the seams were.
That is survival.
It for much of the 2 nd world is normal and likely to continue.
At least Centamin employ Egyptians for the majority .
I have seen it ,my grand parents did it.
I survived by that knowledge.
The University of life.
And did well.
After starting in accountancy of all things.
LOL
What was being referred to is the current 3 sq.kilometres,.
Te tests on the other 157 sq. kms ,will no doubt find many years more ,the current BOD will probably be long gone as will many of us. (dead).
There are many targets of very excellent potential in the vicinity. Having looked at artisan sites, with little or no recent surveys done.
IMHO
Get real .
Try another miner.
This bunch are far from perfect.
But who tells the complete truth.
Its no different than politics.
Investing is a theatre ,there are few if any opinions to be trusted.
Take the divi and buy premium bonds..
Or physical gold.
LOL
Mr T that is not a problem for LTH.
Patience is important ,the market and traders are not.
The sp for most of us is in the long term is not really that important, the market is solely profit from the slightest panic,benefit from the sheep selling (traders),then wash and repeat.
Best wishes to you and all LTH.
There is a possibility they expect gold much higher.
At the moment they are busy working in the open pit ,towards p5.As well as that the planning now is important so as work is done in the correct order so not to have to repeat later.
The fleet is also being refurbished to avoid breakdowns.
A breakdown in a critical area could cost half a day.
In short careful planning.
As was said earlier, profit is King,not just rushed production.
You will learn gradually.
Piler understands as do many more .
You do your research, no harm in hoping, like when will my fairy godmother come and help me.
The full message history is no longer on this sites memory,because ,there was so much bull**** posted the memory gave up.
Lol
Mr Tibbles.
You are very much needed here.
It does not matter whether all agree or not with all your views,over the years you have always given me the impression ,that you have firm and correct views on bad politicians and do not accept the corruptions of the banking and money manipulators.
Good for you.
Do not wear yourself down with things us lesser mortals ,have no control.
Best wishes..