Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Indeed, Mac.
I also wonder how this will affect the sale of MT with all these fresh licence applications. Would the potential buyer want to wait for the licence to be rubber-stamped? Or would this licence be part of EUA2?
The mid boggles. We are growing bigger and bigger every month that passes. A Bushveld rival in the making.
I am of the opinion that since DS, especially, is going to 'attend' this virtual conference that his job is done as M&A Officer.
DLA Piper and UBS would have advised the BOD not to attend for risk of letting something slip if asset/full sale negotiations were in a delicate stage.
For those of you who wonder what layering is:
'The specific actions of layering see a trader making an order they never intended to execute and then cancelling it in attempt to lower the best ask price. The way this could happen is by their action making other market participants lower their asking prices due to selling pressure arisen from seeing the sell orders being entered on the order book. Once the price has fallen significantly, the trader then executes a real transaction, buying the stock for the lower best ask price and cancelling all other sell orders.'
https://capital.com/layering-definitiom
Mac - Do you know if we have re-applied for the Volchetundra licence? I recall it being mentioned in a RNS that it had lapsed so we could concentrate on Monchetundra back then.
'The money is not made in the buying or the selling but in the waiting.' - Charlie M.
Just made my 'Waiting Pot' a little bigger courtesy of the trading crews dragging down the SP. Thank you very much.
Bought today and yesterday with more sofa money - just over 5k at an average of 24.5. Will continue to do so where funds allow and these shenanigans continue till the end-game.
Tweet by Mr GMF - reminding us that we have LOTS of copper and nickel :)
https://twitter.com/GMF782/status/1457309836690001921?t=-xHz18_9DjdGpNcsuMTSfg&s=09
Christian Schaffalitzky, Executive Chairman of Eurasia commented: "The Directors are delighted that we are advancing several transactions concurrently. We see competition for Nickel-Copper-PGM assets (with a similar basket of metals like ours and the assets included in our agreement with Rosgeo) increasing on a global scale".