Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
tries should obviously read ties.
I am not going to name names, but if the FCA start an investigation, they have the powers to apply to sites such as this, to demand the true identities of every poster, so if any have tries either directly or indirectly to the company, the truth will out, then these posters are in serious trouble.
The FCA's power is far more reaching than most people think, but having the power and using it, are of course two different things.
Hi Seawolf,
I am not very good at IT, but if the time comes, I will ask my son (he works in IT) to show me re a separate thread (good idea)
Knowing the work that a efficient FCA complaint file requires, I am playing a 'wait and see game', as I do not want to put anything in the way of a possible survival package that would save NNN from insolvency, be that a successful rescue package or money from either the grant they mentioned or/and a contract.
I am not saying they are not going to go under, but if I make waves now, it could make a bad situation worse, that is also why major share holders of companies in trouble make direct approaches to those companies, and only go down the FCA route as a last resort.
Of course, Institutional investors have the pull, whereas us poor PI's don't.
Anyone who puts a straight simple complaint in now, might cause good effect, as although it might jolt the CEO and his team, the FCA are very unlikely to go further without a substantial evidence file.
If the company folds, I will be taking action through the FCA.
I did this several years ago with a company that like NNN issued statements that turned out to be issued with the knowledge that these statements were unlikely to come to fruition.
It takes a lot of work and man hours to prepare a case in sufficient depth for it to have any chance of succeeding, as you have to trawl through many RNS's and interviews going back quite a while, as it is pointless to submit a file that only deals with the recent past.
If such a file is required, IE if the company does fail or is sold for less than we were lead to believe, which includes future prospect statements, I will post the contents here and will add any name of those who wish me to do so.
As said, I have submitted such a file before, so I know how long such a file takes to compile, so don't be surprised if I do not post details for several weeks.
Hi Telecom,
Agree, re losses carried over, but as some people do not have a loss to carry over, or/and even with any loss perhaps still taking the net profit up to the years CGT pre payment limit, they still sell pre 5th April.
As from 5th April, new tax rules re CGT come in, lowering the amount of capital gains you can make, before CGT is applied from £12,300 to £6,000.
So it's not just investors taking the usual gains pre the 5th, but the reduction of the tax pre amount that can be taken, resulting in even more taking up to the tax free limit.
Nothing to worry about.
Fully agree Bertmonkey,
Although nothing is ever certain until fully binding contracts are signed, the discussion talks agreed to, especially with the local area political decision makers back and the feasibility studies concluded (according to the release from National H2), a contract is as forgone conclusion as it's possible to be.
Still a bit pleasantly surprised at todays rise, shows confidence in PHE is high.
This is the bit that stood out for me, "National H2 already has a feedstock supplier who will deliver it free of charge and a buyer for both electricity and hydrogen."
This will be the way forward for PHE, because in most countries the waste problem will get far worse, before it gets better.
Also found this, in 2007, Western Australia decreed that the most recent policy tool that has been used to specifically address tyres involved creating a Tyre Landfill Exclusion Zone within and surrounding the Perth metropolitan area , so with that and the fact that 67% of tyres are transported from Australia to Vietnam, has resulted in one of the biggest tyre dumps in Australia being in Starwell.
Just think of the cost in transporting to these dumps, and even higher cost to Vietnam.
As more and more countries are refusing to take other countries waste, cost can only increase, and of course that includes plastics.
One million tonnes of Australia's annual plastic consumption is single-use plastic 84% of plastic is sent to landfill and only 13% is recycled. So re-cycling plastics in Australia is far lower than the UK, UK 44.2, meaning they have a far bigger disposal problem.
PHE have a great opportunity to set up many DMG sites in Australia.
As Australia is between 10 and 11 hours in front of the UK, perhaps they are waiting for the ASX to close around 0400 hrs UK time, to release at ASX close, and hitting out RNS release at 0700 tomorrow (fingers crossed).
And yet people are still pandering to this persons egotistical nature. I am not mentioning him by name, as I am certain that every time he sees his name, he gets a weird sort of turn on.
So please, please stop responding. Not responding is the best solution to either stopping him posting, or if not at least leaving him to talk to himself.
They would not move to larger units, if the smaller ones did not work to 100% or near enough to their expectation, and they had genuine potential customer interest.
2025 mention for commercial deployment, but between then and now, I am confident that contracts will be signed for AFC's other products.
Haggismchagis1,
I only posted because I value your posts, but I am sure that many take less notice if you continually post about those you rightly criticise such as Garmaon who as we all know, have an agenda. But I will leave it there.
Haggismchaggis1,
Although I tend to agree with your post as much as any others (not 100% of course), please try to hold back on incessant posting, you won't convince doubters by such actions, if fact like me, they probably either ignore you posts or skim by.
As soon as you mention Garmoan or any of the other similar posters, I stop reading. In fact posters who repeatedly reply to such posters, can become almost as annoying as they are.
I am almost as positive as you re AFC, as I am sure many others are, so don't drive these people away.
Rise above it!
JamesSimon,
Quote, "Tetralite I’ve got bigger balls than you !".
Thanks for that very informative, why do people post such rubbish, that adds absolutely nothing to this site, apart from clogging up any discussion. Yet another on ignore, so won't see any reply.
The vast majority of companies share price are down, with the FTSE down 3.98% and the FTSE small cap down1.81%.
I appreciate PHE is down much more, but that is the way of things when it comes to companies that are loss making.
Willing to bet, tomorrow will be a different day regarding the SP, with a good portion of todays losses, reversed.
Now watch the fates prove me wrong.