Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Approximately half of the £5 million loss was due to a loss in the value of shares.
In the interviews Kyler did at the end of 2022, he said CDL would be cash flow positive by the end of quarter 1 in 2023. I'm doubtful this will be the case, but let's see.
CDL just needs to start sharing news with the shareholders at a minimum and communication any deals in the pipeline. It has all gone quiet.
Don't be so pessimistic. They have until the end of May to raise the money. This is a positive RNS. It is telling us they've found some of the backing, and have almost four months to raise the rest.
The pilot lending has also picked up pace, so things are looking up.
Not sure how honest G2 Energy are. They have gotten in trouble in the past for disseminating incorrect news.
https://stockhouse.com/news/press-releases/2023/01/04/iiroc-trading-halt-gtoo
https://www.cmcmarkets.com/en-gb/opto/can-cloudbreaks-share-price-rediscover-former-highs
I think it's just a waiting game Solley. The majority of CDL's losses this past year were a result of a drop in the value of their stock and a difficult matket. We need to remember they were only just established a year ago. It will take time. Kyler seems to be doing all the right things, with the restructure and refocus on royalties, in order to hopefully maximize profits over the coming year. I think it's just a matter of time before CDL prove themselves.
I personally think the stock was undervalued and due to the recent drawdowns, the stock price was a bit diluted. Like any new organisation, Cloudbreak Discovery is just in the process of building some strong foundations, and in the longrun it looks promising.
https://audioboom.com/posts/8160498-midweek-takeaway-featuring-kyler-hardy-ceo-of-cloudbreak-discovery-lse-cdl