Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
£55k can buy 1,000,000 shares. Unbelievable!
I recall paying more before suspension, at a lower palladium price and all
At a conservative 26.5p (placing values)
That million shares is a cool £265,000
If a conservative deal landed for 47p EUA’s ath, so nobody walks away with a loss, that’s £470,000 or basically half a million
Ten bagger from here but the more you cash in the higher the chances of an extremely high payout
Gift to be able to add sub £2 after the last correction. This slow and steady rise is healthy consolidation. Locking traders out along the way
The rise has been a pleasure to watch but still a lot left to go. Would add more if fund were available
Remember the cretins who said it’s dropping to 180 lol
Did it fick, just been rising since. 240, 280, 300, 350 then more
META seeing value and trying to rob German pi’s before the next leg up. Smart of them, not so smart for anyone giving away their shares for cheap
As I’ve said for weeks gold looking strong and melted past resistance like butter.
This is why we’re seeing poly push up. Stockpiled gold this month is being offloaded at a far better price than what we’d have gotten in the previous months. A blinder played by the POLY board and likely profited to the tunes of $millions just because of the price of Au.
In the medium to long term continuation of improving cash flow and minimising debt are essential for a massive uplift in price. Without it poly will stil do well but The Gold/Silver rally is continuing and if the DXY drops even further then expect huge gains for Gold/Silver miners
All in all looking to be a decent month thus far
Gold looking solid again. Next leg up past 1790 and looking to break 1800/1815. Before the April/may dip (along with other riskier assets now looking to recover) gold was near 2000 and poly was closer to £3-4. Slow and steady rise with bid creeping up week on week has been a pleasure to watch. No doubt the folk sold lower and looking for a cheaper entry will be furious.
Now into august and poly have been selling inventory. August update RNS to confirm how much so far could land any moment so positions likely been taken. Fundamentals very strong here, and the company acting remarkably well so little doubt they’re doing everything to maximise shareholder value. Skin in the game tells it all
Why do ppl still reply to trolls like BB. Just ignore them and enjoy the decent share you’ve invested in.
Don’t feed the trolls
They want to entice ppl selling to try make gains elsewhere while screwing them if they try to buy back. Also making. It crap for trading so volume ends up being low. Strategically designed to bore people out. When it moves up it’s too late to buy back in these low prices. 190 is strong support and was so even before the earlier crash this month which was fuelled by macro events and a sharp drop in gold. We rose on the RNS and bullish momentum was seen again. Leading to august update and the bigger September one we should see a more palatable stable price in the £2-2.50 region. I’m guessing many will be ‘out’ at £3 and it’ll carry on rising with the news due. This is excluding higher gold or end of war or sanctions lifted or KAZ update
Strong macro for poly at the moment. Blue finish or MM’s are robbers
Quite bizarre how Gold is rallying and POLY had a red day. Hopefully a push up leading to the RNS next couple weeks
Still should be sitting at £4-5 at least
they answered almost all pre sent questions
good outcome, NDA in place and offers but can't be RNS'd. on track for asset sales this year to expand out of RUSSIA assuming euaV2 is in place
shame more questions weren't asked by the attendees but they ran through quite a lot of the other questions. NYUD application still underway which could land whenever
impressed with the comms
Good update and tweet from eua. Life kicking back in.
I’m guessing more updates or information to be discussed at the AGM. Around 3 months until MT update due, in between then I’d like to see NYUD and WK progression. If EUA can drip feed news leading to Novembers massive update I can see us in a strong position for asset sale(s) update. Buyout late 2022, big special dividend the. Eua v2 would leave holders with free shares
If you look at the weekly Gold chart, pandemonium, you’ll see over time it’s bullish. And weekly RSI is low which means due to rise - macro conditions at the moment mean it’s likely fed needs to pivot first and we’ll see it storm upwards. These experts have been right, just over longer time frames than pi’s envision
Currently I estimate fair value given the climate to be around 331p - upon sale of Russian assets to achieve £2.30 fire sale or £4 as a more realistic target would mean clearing debt, special dividend of £2 (or £2 on share price) with khazak being valued from £3 and gradually moving up as ii’s invest due to poly not having any Russian association. If poly makes it to ftse again then even better.
This would value poly between £4-7 and debt free too. Taking in the sheer amount of gold produced just in KAZ then a PE ratio of 5x would value POLY higher
This is all assuming gold remains at its current level - and historical charts of gold indicate from where it’s sat it’s due a rally. With inflation and QE, gold should only rise as we’re still in a 20 year bull cycle for metals.
Extactly, Pippa. The chart looks healthy on moex and even due a leg up consolidated nicely after the excellent news last week
“PI short taking this down” lol. That’s why I don’t trust posters who just opened an account weeks ago acting like they know it all. Quite clearly another user with a new name. Lots of talk about ‘this will slide’, you can tell who the traders are. Of course they want it to slide, to try and buy in cheaper and sell for a rubbish price on the way up, missing the rises. Irrespective of that the company is doing well and the update on selling gold and removing debt is something everyone should be loading up for because that will heavily derisk poly and make sub 2.5 look like a steal. As was the case not long ago
Pippa - 50% of their posting history today. Talking out of their bottom about moex prices and charts. They quite clearly have no clue and either short and have squeaky bottom time. Or sold at 180/190 and desperate for others to sell by trying to spread FUD
big jump yesterday and looks like just consolidating before the next push up. regardless of AGM outcome this should be sat comfortably above 7.1p as a low and moving up to 9/10p
NYUD alone is valued more than this