Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
It is a bit if a grid waiting for our seller(s) to run out of ammo.
Perhaps if they beefed up the Tunisia development timetable? Currently it is a tad nebulous and vague.
Must be due an RNS on M1008 tie in too.
Much trumpeting of debt free status but should not be shackled to it. The cash generation stream would allow us to borrow at a reasonable rate, and it would expedite development plans.
Not sure. IG index is mostly retail, small potatoes. I can't see many shorting this one, given all tge positives.
Surprised M1008 coming in didn't kick off a bigger rise, so maybe it was the fallout from IG as retail closed positions?
Still think there is an II offloading placing shares.
I sat through this in SAVE, brutal, but it has since almost double bagged.
Close my eyes and stop looking at the trades.
Yaj
Interesting, last trade was a large one, just before 3pm. IG deadline.
Thanks DADI
Mr Auld always comes across very well.
Highlights are
Well came in significantly under budget.
Focus now moves to Tunisia where pump installation should significantly increase flow.
2nd well should spud in H2.
Clear the bloody overhang and this will be free to move up.
D1rect0rstalks is the website?
The lse is blocking the name of the interview site.
Change a few vowel to numbers
I'm very interested in this interview
Thanks
Appears the takeover rumours are taking shape and emerging from the mist.
I think Bramall will need to bid over 80p.
Strong possibility Pendragon will then be forced to enter the fight.
Lots of private equity cash floating about currently too.
I'll sell by shares for £1.20, if anyone is listening.
Weekend press may have more revelations.
A 7am RNS on Monday would be very nice indeed.
A bit underwhelming.
Presenter not the best.
Point about Romania needing to import 25% of gas and this helps protect our price was helpful.
Very muddled on Tunisia, a solid timetable for at least some developments would be helpful.
Maestro in denial on 1003 and 1007 having a TD rns.
1003, 1007
Spud, TD, rest results
We should have had a TD RNS prior to testing.
That has been the previous form.
Is COVID delaying the drill?
Perhaps we will get an explanation tonight.
Any idea who this was offloading?
Much to savour in this story.
The plant will cost 650 million dollars to build.
There was strong interest in the latest funding round with 450 million dollars being offered.
In answer to a question on a possible hostile takeover.
He said AIIM were sold 10% of the assets for over 50 million dollars. This was cheap as they are a valuable partner.
Any takeover would have to be well in excess of 500 million.
New power station connection started, connected within 6 months, very definite another customer about to be announced.
On finance, very interesting, said this year look at matching repayment schedule to gas contracts duration. Smaller repayments over longer period, freeing up cash for shareholders.
Wouldn't commit to dividend given current macro environment.
But as a shareholder would like a dividend also was very positive on possible share buy back.
Very definite, 2020 management was focused on Nigeria and getting it operational.
2021 is the year of Niger. Bespoke finance was mention several times.
My link was in my spam folder.
Anyone aware of an outcome? Was the case heard or delayed again?
I hope you all topped up on this morning's lightening deal?
It would appear black humour is lost on you.