Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
ive been in here since £6.50p on the day the brexit vote was announced and having sold half when it doubled (mistake but relieves me of the stress as its all profit left on the table ) im wondering how much further this has to go . first time i looked before it crashed to £2.50ish from £30 so whats the potential upside here . is £30 achievable again
well the directors certainly arent selling any are they . imagine a price of £250 from my original £3.50 that would be more than i could ever have hoped for but ive been punished by the share price gods previously so dont quite know when i will lose my nerve.
hi davey . normal market moves may serve you well . but not an easy call when someone somewhere knows something and we dont ... if im unsure i buy in with half and then suck it up if it carrys on rising . if it falls its an easy average down for the second purchase . big call at these levels .but we all know we are buying into potential and we all have a great deal of confidence in the business.
davey. apologies for renaming you in my post typo from my phone !
daveycareface that was a comprehensive reaponse thanks for taking the time
. my only issue is if the pipeline drugs are successful where does that leave the price ? does anyone have an idea ? im in the dark and do not know what the full potential is . i need to set a target and dont kmow what to basebit on
i have no idea what drives the price there is no news and me not knowing how an MM sets a price it leaves me with the conclusion that someone certainly knows something positive . the usa didnt seem to respond to hcm very well though ( initialy) maybe they are catching up now .... and why the pension funds etc havent seen it is beyond me i have watched and bought and sold and bought this from £3.75 out at £17 ( had to buy a new car arghhhhh!! ) and back in at 19.50 just after brexit at that time it had dropped from £29 ...... but still i dont understand how the price keeps creeping up on no news .... how does it work ? also the volumes are very low in comparison to others ........ less volatility for us i suppose . heres hoping some of the pipeline drugs do well !!! otherwise its going to be a hard landing but.... gla .... he who dares and all that
I would go straight to malcys blog and have a look at Victoria and hurricane or anything else that takes your fancy ( have a listen to malcy at vox you will know where to go then . Apologies if you've already been there
for all those irritating negative locked out punters ....to save you watching the clip here is a summary ...........................its clear this potential was identified before sept this year.there is no concern with indonesia being an emerging economy as there are 250 million people needing hydro carbons,oil and gas,.......... whats the potential.....the last company dw was involved with started at 1.5 mill and grew to620 million, re indonesia we know we will be a substatial producer of oil and gas within 2 years prob 3 at the latest, without question the opportunities are too vast to fail.....what are the stumbling blocks ?do you need partners and infastructure ..... we already have that ....... i sleep happy