Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
“The only thing you do is abuse when someone states the truth.
This gone steadily downhill since the 10th”
And yet you continue to buy after all the negativity and doubts! You couldn’t write this hahaha
"Come on Arthur your reading this . News this afternoon please...."
Won't be any news until at least after the additional broken warrants have expired on Monday. They either buy and hold or let them go
FISH, you obviously knew this when you done prior research of the company and was still happy to invest your money
1.5 times the daily average volumes already
Once again OILER cannot back-up any of the claim he makes! Do you honestly believe the SP would be in the 15s if the BH could sell under 10p? What planet you live on! You've basically plucked a number from thin air... or is it the number you can actually count up too! IDIOT
OILER "Currently copl require production at 1,800bpd to cover costs" can you show me the math's to back this up?
OILER you are sounding a bit worried, you know the next bit of news and you and your mates will have to look for your next share victim! I for one can't wait, FOXTROT OSCAR
“no institution will lend money on reserves”
That is up there with one of the dullest posts I’ve ever heard on this board! You do know RBL stands for RESERVE BASED LENDING
BB: Any of the above will do me but RBL/JV is a must ASAP
I think at the moment everything is hinging on the 90days, AM needs to show the market there will be no need for further fundraising by a) showing us term sheets for an RBL or b) giving us details of a jv in progress. Until then, like it or not, we will not attract investors until this is sorted.
"He actually mentioned the potential JV right at the very end of the presentation, almost as an afterthought actually…."
A presentation was released hours beforehand onto the COPL website containing this information so it's definitely not an after though, the presentation slide was too long for the time given so was in a mad rush towards the end.... only thing I don't get is why he hasn't done an interview since to reinforce what was missed... I believed that was nailed on.
"My new price prediction for next week is 13p towards the end of the week that is"
Mines 20p if we see a RED dot
As alluded too previously, a good JV with a company paying a decent cash component could negate the need for an RBL, this shouldn't be ignored
“I think unless this is at 2500+ there won't be enough profit to realistically progress operations hence the need for more cash”
“I clearly stated that they need to make enough not only to service the debt but also continue to expand, upgrade, etc”
POUNT OUT WHERE ANY OF THE ABOVE WAS CLEARLY STATED?
D!ck Head
Duster- The Irony is that he wouldnt even have a vote as you need to own shares
Well said sageman, a bit of sense for a change
Oh my days, just gets better! You think AM would relinquish control and operator status? Don't be so ridiculous! One person said they'd want at least $200M and you've jumped on that number, as for buying the company for cheaper you must be having a laugh! Last but not least, of course all LTH have read the bond terms, you must of read them upside down if you think the BH can sell way under 10p for a profit! I suggest your the one that needs to read them again... if your capable
Tiburn- He obviously knows all this, OILER 87 is another one who spouts the 1st thing that comes to his mind without substance. The SILENCE when confronted speaks for itself
"This BB is hilarious, talks of a 50% JV paying over £200m when copl has a £40m Mcap"
Go on then, let's hear your prediction