Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
5-10p? men in white coats are coming for you. There will be another Billion share in issue over the next year or so a SS milks this gravy train for all its worth. Don't be the one holding at the end when the music stops.
Buys going through on NEX. MMs are dropping the bid to 1.05 every morning then finishing back where we started on the low volume. Be careful if you're using stops as you might get caught.
I find it hilarious (and equally disingenuous) that this dog of a company spins death spiral finance being converted at full flow into "loan balance reduction".
Jonny proving my point. why would anyone invest in a co. based on a tweet? Twitter said it was good, must be legit, right? maybe look at actual sales, cash flow, is the CEO a crook, etc etc. Look at those three here and you'll run for your lives.
Some guys on here feel like they need to offer some balance, which is needed as those who ramp the pants off a share all day long if their posts are the only ones on here some unsuspecting newbies in particular, will believe what is written.
Why those on here keep complaining when it was clear this was going to nose dive many months ago. Just have to take a loss sometimes and admit making a mistake. Opening at 5p by the look of it. I do feel for those who buy on the back of untruth's though. AIM will be dead before too long as this is happening more and more, and less cash will be thrown at dogs.
invester has posted 150 times on KAT since Thursday which is a good effort, and also a huge red flag. They started posting at 2.5p. highly likely underwater now and trying to ramp their way out
what extensive research? 11% drop today might be placing shares being forward sold
Why is vrs exposed to China? it's not got exposure to anywhere as far as I can see as it doesn't sell anything.
I had a small free ride in here from quite some time ago. But when you arrived I sold. now dropping below 2p. Works every time pal ;-)
When Eyeguy appears ramping its usually time to sell
Golden, the old Ed was only good for steak but today it seems hes changed his approach from meat consumption to actually adding a decent stake in his own non-meat enterprise. I hope this is the turning point
That's fair Chippy. But my point is this isn't the kind of share to go balls deep in. It's still speculative and AB's track record is awful. It's been a huge salary for Jam tomorrow for 10+ years.
Managed to pick a few more up at 1.05. Thanks MMs.
Please explain what is "progressive growth" - AFC has never made any significant sales, and those they claim they have often just disappear without a trace (Southern Oil). Then its onto the next "commercialisation" project.
Secondly, because a product is unique, it doesn't mean its a good investment. Currently, as it stands the EV products are not economically viable although in an ideal world it would obviously prove a solution to a growing problem, so don't think that I don't want to it to work out, I do.
Today's RNS is just more rampy nonsense from AB. Clearly all this is going to get shouted down and you won't like it, but this is more likely to lose you money still at this stage. Things can change obviously, but at a 100mil market cap there is nowhere to go but down currently.
He won't mention it in his reply, but LR is the master of destroying value in companies. Just look at his track record. Case closed.
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https://www.*************.com/views/46974/afc-energy-new-idea-same-crap-h-powertm-sell
I agree Ferdinand and that's why I bought in to begin with but there feels little significant progress for some time now. AIM oilers arnt trendy currently unless it's a big drill being ramped. no interest In solid fundamentals so I feel this will languish around 10p for some time unless there is a big spike in wti prices. imo of course
At a loss sadly. No near term triggers now BOD just happy with marginal work overs it seems. Nothing to get me excited anyway. Best of luck everyone.