Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Russia and USA have planned this together. They're going to destroy Ukraine. Russia will get Ukraine, Odessa-Kharkov and Kiev. The USA will have Europe.
The Russia - USA plan was to totally decimate and destroy Europe. Russia gets the bread basket of Ukraine. US gets all the German industry and the LNG producers in the US thrive
The board and CS have messed up big time here.
In fact they're so arrogant that they'd rather this drags on for years and they get their fat cat salaries and continue to live their corporate lifestyles.
They will definately without a shadow of a doubt will be doing a cash raise. They can't sell the £3million concentrate.
The situation between EUA and Queld is very murky. It's 100% given that shenanigans will ensue which will decimate the Share Price even further.
It's obvious that the prospective buyers are dragging this out until at least end of Q3, when the cash runs out. The sale of £3 million concentrate will not even cover the setting up of mining MT. Mining WK will only create little profit at the very most and with expenses increasing, I can just see the board messing up too.
The board have utterly screwed up here
IPA seems to be wavering now too
The board and CS incompetence has led us here. The sale is not coming and expect Queld to indulge in shenanigans.
We're definately going to under a penny and will stay there for a long time because it's inevitable that the board will have to raise after q3
makeabundle
stop waffling and polluting this board with political stuff
we don't care about geopolitics here, so jog on somewhere else with your geopolitics stuff
please discuss the boards utter incompetence and **** up regarding this company
I will be selling out my 1250000 shares next Friday. I have no choice due to bills and cash calls. March/April was always going to be a tough call but it is what is
I'm extremely bitter at the board. Several years of investment, time and effort wasted.
Waste of bloody time!
It's obvious as daylight that the prospective buyers are simply just dragging this out big time. Cash including tax rebates run out end of Q3. The company could sell the concentrate and £3 million pocketed but undue expenses etc plus if they start mining and with 11 employees, that cash will soon go. The company will probably have to raise cash at probably end 2025 to stay afloat. This farce has dragged on for well over three years and we're nearly done with q1 2024. Once Ukraine is done then the focus of attention will be China/Taiwan and that will be a wrench in the works compared to the spanner which is Ukraine. I just feel the board had a really good opportunity before the war to sell at a very good price but their arrogance and hubris blew it all.
It's obvious there's no more positive news to come now. The January 11th RNS was a joke as they could have released that information in mid December when the news of the tax issue was already well known.
There's no hope whatsoever now because the prospective buyers are simply just running down the clock until the board have no money. The rebates and even if they sell the concentrate, will only last them so long. I believe the board stated they're funded till end of q3. Well q1 is coming to a close now and the prospective buyers will just drag it out. It makes sense
If anyone doesn't think that the prospective buyers won't drag this out till end of Q3 this year then they're not being logical or using common sense
There's more chance of 0.08p than 8p, never mind 80p
Its obvious that the board have truly and utterly messed up big time. The prospective buyers will just drag this out for another year or two and the funds will run out. Whatever revenue they recieved from mining WK won't cover expenses and other emergency circumstances.
February 2024 is almost over and nothing. I didn't expect any major news
Successful conclusion to this saga was to have been concluded in December 2020. In January 2021 the board cited in an RNS that Christmas and New Year holidays as excuse.
I don't expect news in March or April 2024 because of Ramadan, Easter and Eid
I don't expect news in May or June because of bank holidays, half terms and SATS, GCSE, A Levels exams
Nor do I expect news in July/August because of holidays
I hope Queld call an emergency meeting as soon as they get their share certs.
Enough is enough!
International banks have warned British authorities that they will face negative consequences from the confiscation of Russian assets.
According to Bloomberg, banks fear that this unprecedented decision will damage London's reputation, cause a shock to the global financial system, and lead to litigation.
In addition, financiers want to receive guarantees of protection in the event of any future claims from Russia.
They also urged London to take into account the inevitable pressure on banks' liquidity due to sudden demands for cash and the panic of foreign investors due to the confiscation of other people's assets - then they will withdraw all their money from British banks.
What this article indicates that the West knows Ukraine is about to collapse and the West are simply going to abandon the Ukraine project
nothings happening with cs at the helm. he's been a **** up during all of his professional career. every company he's been at the helm of has messed up big time.
i want him out asap and also that artem $100 billion supposed sales leech.