Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Added yesterday. Expecting a great 2024
Completely shocked at the 0.25p raise. The board should be completely and utterly ashamed. They’ve managed to negotiate the worst deal known to man.
We were sitting comfortably at 3p a few weeks ago. If you had said we would then raise at 0.25p I would have said you were absolutely mad. Just incredible
Thinking more from the view that had they agreed 1p and then the share price dipped below that level, the investor would have probably tried to renegotiate. So the SP ticking up gives an element of comfort from that perspective
God I just want the funding done so we can get focused on Itumbula and start praying. We have one last proper role of the dice.
The good thing is that if we do hit something substantial, there remains a chance that people will do okay here. But we have to hit something
Just looked back at the recent Twitter post. They say the civils at Itumbula are complete, then they have an ominous……….and say that the rig is on its way to a new site. What does that mean? If they mean Itumbula, it’s a very odd way to say it
It will interesting to see at what price they raise. The average price over the last 10 days probably quite a bit higher than current levels. If Lorna is a hard negotiator, that’s what I would be focusing on, rather than the current price. However, it depends who has the leverage…which may not be us