Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
The oil is flowing by itself, I wonder how he will try and spin that into a negative. Hopefully he’s given up now.
You can buy more in a trading account and the BED and ISA them over when the allowance refreshes. Its what I am planning to do with these and a few others.
Just bought another £1500 at 9.8175
I am really struggling to work out how we are where we are. I can only really pin it on the fact of market confidence. We need to get the first BOPD's coming and i think that will start the turn in our favour. No one can ever dispute hard cash as a factor when analysing a company. Prospect and what might happen are great but it seems they hold no reall weight in the current market.
Ok, so the price didnt hold any rise today, looking on the positive side i can still keep buyin at this price quite happily. It will go up and stay up eventually. Happy to keep the money tied up in this one until it does.
I have AAOG in my SIPP also, i just cant touch it for many years!! looking to move house ned of this year so hoping it will add a few pennies to the slush fund.
I cannot wait for the allowance to be ready again, I want to get my tradiung shares shifted accross into my ISA for AAOG as soon as possible. I have been busily looking into future revenues and future values based on each zone we enter. Once we start to tap into the Djeno and Vandj commercially, i see that as the point where some real value will be realised and i want to be ready and waiting tax free!
Ok that’s good to know, at least it’s not months away. His next presentation should be more effective as people will have had more time to see what is going on. Hopefully they have seen the latest one to pick up on the points he mentioned about financing and partnering.
What is the rough timeframe on a new CPR being released? Will it be underway already?
Will this be the end to the selling and we start to live up? Please let it be.
I hope the selling stops, on what has been found / achieved we should be priced at least 50% higher than here.
When will it ever stop!!
Sept 2020? That’s 21 months from now? You said last time your timeline was pure guess work so stop using the word fact in anything you say. Elections or not it won’t grind to a halt, permissions can still be granted as we are so far down the line, ones that are new to the system may get put on hold but I don’t see us being derailed because of it. I don’t think the market will stomach much more cap raising so it needs to move forward in the next 3 months in some way shape or form. January will be an important month for us.
One big RNS is fine with me, it will tick off all the administrative tasks they have to do. They can move on to all the operational ones that allow them to reach the bopd targets! The most important thing is it that the RNS arrives!!
Looking at a the calendar, I would hope we have news pre the 21st of this month. After that it would be unlikely with the holidays etc. I think it will be an all in one RNS as they don’t seem to keen to RNS unless they absolutely have to, even if it’s just for SH benefit and info. I can’t really forecast what price we will move to but I’d be happy with closer to 1p than whet we are now.