Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
One early test in China found Actemra, an anti-IL-6 drug made by Roche, reduced the need for oxygen in 15 of 20 COVID-19 patients and lowered inflammatory markers in 16.
So we know that fighting IL-6 is helping mortality. Gives Tills great confidence in using as they believe the best antibody
The Company sought to finance its short-term working capital requirements in late 2019 and early 2020 through the issue of convertible loan notes with warrants attached. The Company now wishes to retire those convertible loan notes by accelerating conversion to become debt free. This will involve the issue of an additional 3,798,386 ordinary shares at a conversion price of 42p (including accrued interest) and the potential for the note holders to exercise up to 3,798,386 warrants at a price of 35p per share
Haha nice average I got down to 68p, with a huge holding
Sitting at a hell of alot more Sam. Very confident that things will get moving soon. We seen how quickly it rises with an update and hopefully with seller clearing it won't fall back again.
Unbelievable presentation. This could really make us shareholders game changing money. Remember this team has done it all before. Tiziana is named after his deceased wife so will mean alot more Gabriele
No probs mate. This is obviously a game changer. The chance of a GM to vote on delisting in this environment is near impossible. So everyone needs to chill be patient and makes lots of money.
Exactly common sense. No shareholder approval
There has been no sharehder approval to delist from Aim. If it does delist your shares get transfered to Ads. Nice and simple the broker does the paperwork. I had a similar situation with RLM 18monthd ago
Completely agree. Releasing bad news at a time like this makes you question things. It has increased my risk massively hence sold out yesterday. Brazil coronavirus cases going through the roof a stop to mining will see this drop alot more. Not worth the risk
Disagree. Too high risk now.
This is the issue with mining companies during the coronavirus. One employee contracts it then more than likely the operation will have to shut down immediately. That is a huge risk added
Great update in the circumstances, BOD taking wage cuts to help the business, external cost frozen, freeze on M&A activity. Business was doing extremely well with sales up 30percent
Yes completely agree. Added another 1.3k all I Could manage. Only a trade. Company had year end cash of 2.7 million and was trading significantly above market expectations. Will come back.
Took some drop well overdone
29mil in cash
646 boed equivalent a day
Cash flow positive at this rate
Receives premium on Natural Gas
Owns infrastructure sells direct to customer
High reserves
1000 miles from Syria border
Equinor exit (is these a cost due to Valeura)
Share price at an all time low
Directors purchasing
Results due on 12 March
Way undervalued added first trench.
Still holding and will be topping up, but can see it dropping a bit further before bouncing
I gotta wait for mine share.com say they need to wait for the cheque to clear. Never heard such nonsense