From August over 100K of PAF's production will be from tailings also. These alone will yield EPS of 1.5p+ putting the shares on a current P/E of just 4. From what you say the mining charter will not impact these projects.
Corbyn faces human rights battle ov18 Mar 2018 18:36
Corbyn faces human rights battle over nationalisations, top law firm warns
Jeremy Corbyn and John McDonnell will face expensive and unwinnable legal battles with investors if they go ahead with plans to nationalise swathes of British industry, one of the world's top law firms has warned.
Amid rising City fear of a hard Left Labour government, a new analysis by the Magic Circle firm Clifford Chance has found that attempts to take control of top companies at bargain prices would face strong resistance in the courts as a violation of human rights.
https://uk.finance.yahoo.com/news/corbyn-faces-human-rights-battle-145202354.html
Jeremy Corbyn and John McDonnell will face expensive and unwinnable legal battles with investors if they go ahead with plans to nationalise swathes of British industry, one of the world's top law firms has warned.
Amid rising City fear of a hard Left Labour government, a new analysis by the Magic Circle firm Clifford Chance has found that attempts to take control of top companies at bargain prices would face strong resistance in the courts as a violation of human rights.
https://uk.finance.yahoo.com/news/corbyn-faces-human-rights-battle-145202354.html
Corbyn faces human rights battle ov18 Mar 2018 18:33
Corbyn faces human rights battle over nationalisations, top law firm warns
Jeremy Corbyn and John McDonnell will face expensive and unwinnable legal battles with investors if they go ahead with plans to nationalise swathes of British industry, one of the world's top law firms has warned.
Amid rising City fear of a hard Left Labour government, a new analysis by the Magic Circle firm Clifford Chance has found that attempts to take control of top companies at bargain prices would face strong resistance in the courts as a violation of human rights.
https://uk.finance.yahoo.com/news/corbyn-faces-human-rights-battle-145202354.html
Clearly volume this high is not normal. Something major is going on behind the scenes but PI's in the dark as usual. Splitting the business in two - travel and insurance - has been mooted in the past.
So 6x usual volume today with several multi-million pound trades.
I wonder if JP Morgan are once again responsible.
This was the UT Uncrossing Trade today highlighting the abnormally large volume.
16:35 - 16/03
Buy 20666023 114.90p �23,745,260.43
I would say PAF is far more undervalued than SLP now.
It is also trading well below its book price which is ~10p.
PAF's balance sheet is also far superior with only 5% in intangibles/goodwill while half of SLP's assets are intangibles/goodwill.
Evander and consort are both loss making currently so should be suspended IMO.
If they do this then including Elikhulu EPS can reach 2.5p putting the shares on a ridiculous P/E of just THREE at the moment. That is obscene.
Huge trades going through today but not being reported on platforms such as Google Finance.
SP hardly moved BTW.
Probable delayed trades just going through now but very bizarre.
10.3M shares changed hands in just 2 trades today and daily volume average is 4.6M
Dirty games being played here IMO
13:45 - 16/03
6000000 113.80p �6,828,000.00
USD ZAR almost back at 12.
One would have thought this would help PAF.
Not sure what Zuma facing corruption charges has to do with PAF but SP took a dive.
Not even showing on Google Finance!
I found it on Hargeaves Lansdown.
This is getting beyond a joke now and very serious for the regulators and the market as a whole if huge 5M pound trades are not even reported or shown!