Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Can someone explain to me how Great land Gold has managed to get a MCAP of north of 300 million without even a maiden resources and it target resource being nearly a kilometre underground. And we are open pit kicking out 100K+ oz a year and aren't even at 100Mil?
What am I missing or is it just AIM nonsense?
Looking at investing here but can't get their website to work. anyone else having issues accessing sections, of their website around projects and Investor stuff. Are there any recent presentation available somewhere else, finding it difficult to research them.
You'd have a job sending shiploads of ore to Zambia anyway as its land locked
Where did you get the trade payables figure of 36m from?
I don't pretend to be a genius but I can do maths and from whats stated we should have made around 18 m in cash. Cash position dropped 2 (taking into account gold inventory) debt down 5 which mean 15m gone somewhere else?!?
Where?
Don't they have to declare this stuff? Honestly thought debt would have beem brought down a chunk more.
I've said it before and I'll say it again, these guys need to start talking to us. I can't believe it does them any favours having the share price drop 20 - 30% between quarterly updates due to complete radio silence from the company.
Particularly after the less than ideal appearance on Panorama.
Good to see the ASIC coming back down and they have managed to keep going well through wet season. I am however a bit surprised that the average gold price is 1422 as its been well morth of that for nearly the entire quarter. Anyone any ideas why that maybe? I was expecting nearer 1500
GB why would they not use the drill results to extend the life of mine if they have spent millions getting them?
I understand that they could buy other assets etc but would these not be to extend LOM in addition to the extension calculated from the drill results. Otherwise why spend the money on drilling?
Many thanks VanVan, I've found it now though it doesn't seem to want to work for me at the moment hopefully it will at some point.
Lets hope for the best with the Q3 results which I guess will be out in a week or so based on past releases.