Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
we would like to welcome fresh investment, but you can't trade us yet as we're suspended
Welcome to Oxus gold... Formed in 1996, 20 YEARS ON!!! the company has grown considerably. We now have no assets whatsoever and no cash. Hopefully within the next year or so we will get about £3,000,000 of which we hope to invest into a gold and silver venture. We will update you all as and when
updated Richard? The front page states 'Proven and Probable’ reserves were 2,839,000 ozs of gold and 6,739,000 ozs of silver (of which half are attributable to Oxus), under JORC classification'. We didn't get a bean for em pal, could you take it down. It also says 'The Directors are continuing arbitration proceedings seeking compensation for the Group'. We aren't continuing arbitration proceedings pal, can you take that off. It's been over 2 weeks, update the website please and speak truths
Am I right in stating there has been a 300% share dilution SINCE the 1000/1 share consolidation?
Why not just dilute like every other company for working capital?
then or what?
12p or thereabouts?
in my opinion. Before the dilution PTV was valued at £90,000. After the dilution it is currently valued at £170,000. What gives?
I know we're not supposed to mention other stocks but just for reference... We have 700 million shares in issue and if we pay Calunius back we will have about £7 million cash for the company. There are companies out there such as GSR with over 2 billion shares in issue and no money whatsoever. Surely we can do something with 7 million quid? What do people reckon?
6.5 back to Calunius, gives us 7.7 million to final an appeal. Or once the report comes out, we find out Shead knew we were cooked before the verdict
In terms of using the 10 million towards the appeal and giving what's left back to Calunius if they agree
where the big fat reasons as to why we have been ruled against will be staring us in the face and we can then question the CEO directly and ask him the following... If even our own chosen arbitrator (the one who is supposed to be for us) can unanimously side with the other 2 that they should disregard one mine completely, then how could you be so massively confident of success?
Some poster said they phoned Shead and he sounded very off, like he'd been reading the boards and become a bit miffed off... Is it coming full circle yet?
As far as I'm concerned it's impossible to go into arbitration seeking that level of top end compensation and come out with what we did and have a CEO as (PUBLICLY) confident as Shead was. To come out with next to nothing rings massive alarm bells in my head that he knew deep down the arbitration panel may have dismissed us for whatever reason. I reckon he had his doubts but they were kept secret
to invest in Churchill after today?
Try Calunius to fund your legal case against Camkite. If they take it on then you'll have a 70% change of winning and probably end up getting **** all back
I said no result would come within 2 weeks and it didn't
Schofield. Why did u ramp this up massively? What are you going to do now regarding this share?
You wanted to give it big man to me before. So come on big en. How much you down?
You listen to me you foreskinless prat.you tried to get everyone to buy in at 4p+. Based on nothing obviously cos we lost!!! You made it all up. Everyone can see you are a fraud