Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
"Panoro's revenue from she was $2.2m for q4, so we should at least have made $1.1m in q4"
Less costs, less SALARY'S! :(
Yes!! Correct. I find that if you expect the worst and it doesn't happen, everything else is a bonus! Got to be realistic to avoid disappointment ;))
It doesn't matter where we are, there will be a knock on effect....ripples in the water, PLUS any excuse to drag the share price down, so yes, there will be an effect.
So, what happens to the Share price if we get a large placing with further dilution or perhaps a cash call. This time next year... if nothing excites the Markets between now and then...as it hasn't done for the last two years, we aint going to be much better off than we are now. From what I have seen, I cannot see anything that shouts out, BUY MXO Shares, so I cannot get excited over this share until Olivier goes and we get someone in who knows what they are properly doing rather than living the life of riley at our expense.
I read a fair amount about how MXO is, but it always seems to be Jam tomorrow and if the Markets felt good about it, the SP wouldn't have been this low for ages. I don't think this is STILL going to go anywhere fast although slow would suit me if there was something 'sure fire' to latch on to with some meat on the bone. Being positive is fair enough, but when I see 0.065 SP, I can see a further dip heading this way with so much uncertainty with Brexshit, it will off-set any minor 'good' here?
Another Referendum would be nice to confirm that Joe Public can re-vote, knowing that all will be 'as was' and companies wouldn't be so edgy about the outcome and allow the UK business to stabilise and chill a little, THEN the SP would go up across the board :)
Landau was sued around two years ago for $2.5M. I don't think he's been jugged yet but should have been. His assets were frozen by the Australian Court for his underhand/Illegal actions, so it was alleged. Buy now, the should have done more with the guy and put him somewhere he can't do much harm for the next 7 years?
https://www.businessnews.com.au/Person/Peter-Landau
If you didn't laugh, you'd cry here!
I have had a few come good here, but only small Beer, but lost at least three times what I won. If MXO hit 10p, then I would get all my money back, but no chance of that happening. Half that, and I would be a happy man. Even that is clutching at straws, even though it happened a while back. Look at the amount of shares in issue. Flying pigs, matey?!
I will second that, but the thing is, most of us and many others know this is what the AIM is all about. High Risk, High Reward...possibly. We know that penny shares are volatile, so like all gambling, we pays our money and take our chance. I'm as bitter as you about it. The CEO's sell us the company and are all nicey nicey, and when they are made, they turn the other cheek. Sadly, the jokes on us, which is NO joke. The company's rarely do anything wrong, but there's a fine line between 'Legal' and as you say, Legalised Robbery...which it seems to be, but we all know the rule: Shares can go up as well as down and you could lose some or all your investment. I do empathise with you and understand your point though, but what can you do. It's down to the investor in the end. We pressed the 'Buy' Button but we can also press the 'Sell' one too...THEN we lose :(( These CEOs are often a bunch of Rogues who need putting against the wall.....metaphorically speaking.
That's probably an Immigrant coming the other way. I should follow him as you will both be better off in the short term!
It's all because of those Pesky French Politicians who wanted to have the main EU Building in France, but couldn't. It's something on the lines of they wouldn't join the EU unless they had the Main Government in France, so 'they' have to appease the French by shifting the entire EU Parliament ONCE a MONTH to Strasbourg, lock, stock & barrel...'The Travelling Circus', as it's known.
If we leave the EU, then it may cease to happen...what a f.k.g mess?
LOL! Must be Happy Hour! MM's making money hand over fist....almost as fast as Brussels Commissioners, but they'll never catch up! They'd make more if they didn't have to cough up for the Strasbourg Shift. If you don't know what that is....and many people don't, have a read. I was amazed this happened!!
to justifying his salary. Lots of info in one hit, ready loaded to get much more with possible 'Bolt-on's'. Perhaps that elusive Penny may appear before the year's out?
Myn isn't doing well anywhere!.Both shares...RRL is the other. Massive loss...about 90%
I have just bought a few good items which I can sell online. 100% Profit in a week...very low three figures margin, but better than here! Pity we can't say that here. I think there are still many people here that wish they'd sold when MXO hit 5p...I'm one of them...not one of THEM, but one those people who wish I had sold! lol
You reckon? This share is so unpredictable that nobody knows where it's heading as there's little else tangible enough to get one's teeth into. At least we can be almost sure of one thing, It won't be going anywhere for the foreseeable future that will allow many of us to get back even 25% of their original punt if they have been here for a couple of years or so?
The Front Puffin posts or whatever the Tanker is called, have been virtually the same for almost two years with regard to the off load and Plimsoll Line and BOPD, with potential profit, yet the SP continues to decline with the occasional good trade if one's astute enough. Oil Price Fluctuations don't seem to bring about anything positive for MXO, only SO's wages increase.
Hope you're right. If Tullow do start to dip in, then we will see more interest here and maybe, just maybe, we long suffering Shareholders may see a break even, depending when you bought in. The other factor is, the guy in the Woodpile who could cock it up again, ie SO. It's down to him not to make a mess of things, just like the Nigerian deal who were going to pay 'next week', and so on!
Looking forward to some decent progress as I now detect that things may be on the up at last, but it will be slow. "This time next year, we will........"
Knowing this, our 40% rise +/- is now down again, plus this 5.56% drop. As mentioned, never count one's Chickens. I could see no business reason for the rise so it's as short lived as one would expect without Stefan coming up with a nice juicy RNS to say he's stepping down! The sooner the better, then it may put paid to this farce?
Don't get too excited until it happens. I have seem this many times only to be disappointed. Oil prices fluctuate, more so does this share price. Tomorrow could see the same figure in red, so until it happens NEVER assume or count your Chickens. It's something I have learnt here since 2003. WAIT AND SEE!! GL ALL and long may the rises continue although I don't know what prompted the 23%?
His 'Liquidation' order would be in the form of Moet & Chandon with his evening dine :((
Rolling short?
He's too busy contemplating his Bank Statements!!!
It is...by many disgruntled investors who've been 'sold' a Pig in a Poke. SO needs to do more to bring the company's performance up to what the investor's would expect of it, not so he can continue to 'Trouser' more money without us getting a look in.
(Not the trousers! LOL)