Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Agreed. We should have a voice as well. This is the page to leave your opinions on the new proposed application for an EA Permit. You should well note the things listed under 'What we cant take account of'. https://consult.environment-agency.gov.uk/psc/rh6-6hn-europa-oil-and-gas-limited/consultation/intro/ Hopefully Surrey Council will get a slap on the wrist and get told not to be so naughty. This is the future of UK Plc we are on about. Sure, not everybody wants oil drilling in their back yard, but nobody put it there on purpose, thats just where it is. Work with the oil companies to ensurer disruption is minimised, not against them every step of the way just to make the point.
Yay! Placing at 25p! Yay!
....He served as the Managing Director of Enterprise Oil Ireland at the sanction of the Corrib Gas Field development. Gamekeeper turned poacher or the other way round? Either way he wouldnt be joining if it was a dead duck. At last some good news.
Interesting how Ireland is prioritised above UK Onshore in the highlights section. Still looking at farming this out, and in a better oil price environment this seems a good plan. Not bad considering the licences and seismic data was effectively a freebie from Kosmos! If you look at the highlights alone, for a company that is cash-rich and valued low, EOG is a steal with the potential revenue streams. I like how the expenditure has been low and the farm-outs have de-risked EOG - what else would you want in a low-price environment? Once HMG has got itself started in trade talks with Brussels and further details become known, I think the weald basin will take start to become more important. having a self-sufficient industry of UK-based operators would be a massive plus. Any sensible operator would want to get out of AIM though ;-) We can start dreaming of big numbers for the sp once we start to produce at Wressle, which has been dissapointingly slow progress and where we will break out of the 6-8p range. Now financial results are out (and good) watch this space for November!!!
Re-Rate on the cards!
Dont be fooled, the real price is still not moving as much. MMs want your shares. (I hate it when people talk like this on other boards but this really is the case here imo). Low volume justifies this tactic.
http://www.mineweb.com/news/iron-and-steel/iron-ore-soars-after-chinas-pledges/
Some hefty but informative general reading http://www.world-nuclear.org/info/Nuclear-Fuel-Cycle/Uranium-Resources/Supply-of-Uranium/ http://www.mining.com/web/thomas-drolet-warns-of-a-coming-grand-canyon-of-uranium-supply-deficit-and-shares-three-ways-to-profit-by-it/
The benchmark 62% Fe import price including freight and insurance at the Chinese port of Tianjin added 2.8% to $58.50 a tonne, a fresh 10-week high. Come on WAFM get back to where you should be! gla
http://www.mining.com/iron-ore-price-surges-to-10-week-high/
All good reasons for the price to drop but for the assets to be worth next to nothing is ludicrous. It had gone too far and that's evident from the recent rises, that's all I'm saying. Everybody wants iron. News on the development of the new field is needed to maximise the turnaround.
Sneaking up nicely under the radar. taken down way too far for no reason.
Ore it could be the price movement in the commodity that is responsbie for the buying http://www.smh.com.au/business/mining-and-resources/iron-ores-shifting-sands-move-again-as-price-soars-16-per-cent-20150424-1msadh.html
let's hope so, this is way undervalued. They might have struck somethign exciting in their existing licences. Or we could be looking at a drill programme. Either way someone is buying and the broker targets could be met quite soon!
Excellent News! this asset will almost certainly be developed. Good luck all.