Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
When are results announced guys?
Let’s get this into perspective. When the share price was sub 20p back in the day, the reason was the company before appointment of a decent CEO was going bump with escalating debt and banks close to refusing to lend any further and call in their debts. This debt was addressed over a 3 year transformation period which saw the share price rise to £1.60 and based on the annual profits and returns for investors by way of divi represented an appropriate share price. It won’t be there any time soon due to uncertainty which the market hates which is why we are seeing sp of 40p and potentially lower. However longer term these shares will be fine and anything around these levels is great value for money for those willing to sit things out for a good 2-3 years.
Anyone accurately know what we can get from the fire sale which is most inevitable. What have we got in terms of assets to sell.
You're off your head talking pish. You write like you know the bloody guy. I've lost so much and I'm fed up of hearing rhetoric. Facts are required and the fact is the company is suspended as it can't carry on as a going concern. Get it!!
Some silly posts. Most are in here with multi and I mean multi losses including me. £50k losses from people who have been here for a few years. I'm almost in as bad. With speculation will come a rise. If the £3mil is raised there will be a bit of interest and stories will be around about how much oil could be should be would be found etc. however IGS acknowledges that there's a 20% chance of success if we get the £3mil. If buts and maybes all over the place. So stop ramping. Nothing to ramp. I want it moving big time and like last posted I need 44p to get my £35k back which is currently worth £850!!!
Someone switch the lights off when you leave !! C..ts
What's the relevance? When's next RNS due? Not sure there's any news for this lame bag of .....
97.2% loss from £35k investment. This company will go into administration. It has nothing. I'm resigned to it and think we should all stop posting. Da gea you should give up too. Got embroiled into the hype. Big big lesson learned.
Never thought it would go down so much. Could have got out after duster with £8k but didn't and just ignored it now
We are nothing like rift. What do we truly have to offer? Some holes and some paper. Currently 94% down on £35k investment. Da gea - where have you gone. Given up?
Price has been fixed at this level for the last 30 mins plus. Seems very odd
Everyone's bailing out. So typical
No it's not guys. We were 350% up by this time on Wednesday. I agree it's being manipulated for entry points at cheaper level though. So will go lower today and may end in negative territory. However longer term is very good.
Unfortunately yours in unacceptable and I have therefore reported you. Your points may be valid but you need to communicate them in a better manner.