Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
“COPL will update its progression when appropriate”
I like this statement from AM, he was hopefully the JV would be completed by end of October so must of been progressing well! The statement above could now literally mean that the news could be dropped ANYTIME, in a day, a week! Nobody knows and that’s the beauty, your either in or playing with fire!
"So, you'd carry out due diligence after agreeing the strategy" Yes of course, I didn't realise how much of an IDIOT you actually are. The Strategy for (X) company would be set at the beginning of the year, i.e. we would like to be producing x amount of bopd by such a date, we will need to acquire land or secure a JV to achieve this.
"Or is there something in the RNS that I've missed"
Step 2- Target Screening (organise search team/plan target screening, identify & contact potential targets, execute confidentiality agreement, submit letter of intent) Art has mentioned that they had been approached (contact potential targets) and that its confidential (execute confidentiality agreement) what part of any of the above don't you understand???
Imagine coming on a board and dissing a share your not even invested in! Sad & pathetic life you must live
"conveniently sidestepping the question there..."
Step 1- JV strategy (define strategy & goals, create JV executive committee)
Step 2- Target Screening (organise search team/plan target screening, identify & contact potential targets, execute confidentiality agreement, submit letter of intent)
Step 3- Due Diligence
Is that a good enough answer for you IRON
FISH.....AND what does that have to do with our figures? I've already said you'r full of ****e as you have no idea of the figure
"disappointing production figures are released" What's your prediction then FISH so I can chuckle at you later
"Isn't due diligence the first step" I didn't think you'd know the 1st thing about business, will give you a clue, there's 5 steps and were at number 3. A company don't just wake up one day and start due diligence of a company
For me, this was the only positive to come out of this morning's RNS. Anyone with any business acumen will know that the company is now at phase 3- due diligence process and the next step will be transaction execution. Let's hope we can get this JV completed before the end of the year.
"Good luck breaking and holding above 16.75 LMFAO"
Why's that, we held above your 6/7p, then it was 10p, after that 13p and now its 16.75p, carry on oiler and you'll be on 50p by the end of the week! JOKER
Oiler- There has been no indication of this, unless you have INSIDER information that none of us are aware of? If not, this is pure LIES.
"Until they get reset to 13p"
There's no indication that they will ever reset to this value
"Time for the bonds to kick in"
Changed your tune, you were telling us they kicked in at 10p
One goes to tenerife the other elevenerife, enough with the ( 0 ( K measuring
*back*
MMs just gone on a little fishing trip for cheap shares, will be bac in the blue before we know it
FISH I see your true colours shining through! Get that short closed in the morning- nothing worse than burnt fish
IRON's on the ropes, come on ART, give him the KO blow
"You're missing the point" IRON'S FAVOURITE COMEBACK
You won’t have any losses with COPL to worry about, long and strong!
Yes Fish you don’t need to worry about me, I always do my research before investing and have made some tremendous money over the years! I never have doubts over stocks & shares I own and I’m always confident and positive of my investments! You on the other hand are the complete opposite