Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Absolutley no free float here. I'm holding on to mine, unless Aik offers us 20p for them ;)
Yes mate, good to see the punt working out for you :) Could see some further interest tomoz after the late RNS. EGM convened for the 16th of April, something important to discuss? :)
http://www.investegate.co.uk/Article.aspx?id=201203051740427300Y
Its a shared history mate but my entry last time round was 6.5p so obviously we didn't share the same experience. Haven't you heard Tungsten is the new Moly :D
Director bought entire holding off II investor Genesis. Apparently the sale was forced due to Israel joining the OECD. I'd like to think, more in good faith than any certainty, that if MTT was to delist, Mr Rosenberg would see us right with at least some means of a resonable exit price.
Like I said there are drivers for this share. There are some strong negatives like the threat of delist and debt levels although these remain tightly controlled. I wouldn't buy this at 15p but at sub 5p this HAS to be worth a punt if thats the kind of thing you enjoy :)
Apologies, I see you were burnt on MTT. This explains your negative stance but you need to look through the eyes of a fresh investor!
MAybe he was an Il-informed chancer ! :D
Just giving a different take as your rather one-sided view only substantiated the fact that you know very little about this share. Yes the Uzbek Government are corrupt, thats exactly why its gone to arbitration at the ICSID! You say this share moves quickly on small volume, I agree so surely there is merit to getting in at an all time low before the il-informed chancers start buy. Its news on the memorandum of understanding with Technoplus, not Uzbek which could be the catalyst for such a scenario!
From the other side of the fence, this share is def worth a punt in my view. Reasons to buy in? MOU signed with Technoplus with a view to raising capital by issuing shares at 3X current SP value. Uzbek court case making progress with MTT seeking sunbstanial damages after shutdown of Moly plant. Not to mention the strong W demand and possibility of Chinese JV. Market cap of 1.8 million :D Even a proposed delist is built in at this price. With any sort of interest this share could hit 15p by Monday morning!
FRO making waves in the US overnight; up 7% in NOR this morning. Its a hell of a long way back but at least we're on a positive track! http://www.youtube.com/watch?v=TiyTh9cYqL4&feature=related
Fredriksens twin daughters!! Now they've got some FRONT! Can think of worse ways to get your hands on Frontline 2012 shares :) http://1.bp.blogspot.com/_mmBw3uzPnJI/TBD6PTRd8YI/AAAAAAABVV4/ybgktq_DByk/s1600/Hottest_Billionaire_Heiresses_27.jpg
Well the refinancing's been completed. No shares in 'the consolidator' FRO 2012 but we appear to have escaped with at least some shareholder value intact. Questionable though, what state Big Johns left us in and whether we'll ever recover to profitability. 86% slump is pretty dilutive after all but Cheers anyway! http://www.youtube.com/watch?v=EoF6d-b0AtI&feature=results_video&playnext=1&list=PLBF15552F457EE8BF
from RS Platou Markets; haven't seen one of those in a while. Strong gains in Oslo and the US, leaving the mm's behind the game here. Eddie Grant issues positive note! ;) www.youtube.com/watch?v=ci1ywEPE6Uk&feature=related
Thats what it feels like, Ahh well, www.youtube.com/watch?v=KxaHa136a1I
Could this be the answer to loss making charters? Alternatively, after the spate of rioting perhaps HM prison service could consider Frontline in providing temporary accommodation for the convicted. Could give them fishing rods as well :D www.bloomberg.com/news/2011-06-28/statoil-hires-frontline-vlcc-to-store-crude-at-sea-optima-says.html
Looks like Frontline are operating a fleet of Titanics but they're all uncharted :D and instead of the band playing we've got Eddie Grant crooning away on deck as FRO slides into the deep! www.youtube.com/watch?v=NOo9eDNvpQU&feature=related
www.youtube.com/watch?v=1VUHRBxRbfM&feature=related
I've been in for over a year and glad as its been a pretty solid performer. Wish I'd grabbed some more on the dips below 200p but with market conditions we could well see that price again so holding on for now. Whats great here is whilst the shipping sector remains depressed we're still turning a decent profit with a strong dividend as testament. Weak shipping rates are going to stifle growth somewhat. Still, the expansion into dry cargo could prove a savvy move as I believe an earlier recovery is forecast there. Choppy waters for other shipping stocks however, you in anything else?