Member Info for SEA7

https://www.lse.co.uk/news/in-brief-block-energy-receives-support-from-georgia-state-agency-9se62jqx7p2e78y.html

thanks rocklawn - yes rather well put!!

personally i never use T20 - always T2 myself.

this is one that i know of...

https://www.clearcapitalmarkets.co.uk/products/#:~:text=and%20financing%20charges.-,Extended%20Settlement%20Trading,cash%20on%20account%20as%20collateral.

Clients of Clear Capital Markets have the ability to purchase shares on an extended settlement basis. This facility is known as a T+20 transaction. T+20 transactions offer our Clients the ability to use the current value of their shares and cash on account as collateral. This allows them to purchase shares on “credit” for 20 business days, giving them the opportunity to profit from short term volatility or to hedge existing positions.

MP - yep - you buy on a T20 and if you do not wish to settle at 20 days, the broker will roll it over into another T20, however, this goes through the market and usually the sell price is extremely close to the buy price, but always slightly less - you have to pay the difference and broker fees.

to roll over like this, it is a sign of confidence.

T20 rollovers - originally printed at 1447 i believe.

yes - i do sometimes wonder how someone whose sole experience of the oil industry seems to be when they have put oil in their car engine at the motorway service station forecourt, can now consider theirselves an expert on the day to day running of an oil and gas exploration and production company

The concert party should read between the lines of that letter - they are not likely to enjoy the same relationship that the current BOD of do - that should be a big warning sign for them. Winning might be the worst thing they could get.

just logged in today - seems like a lot of shareholder group posters have arrived.

a million shares or thereabouts bought in the last 30 mins of the day.

2.7p buy at the close - bodes well for the morning.

10.4% up - good going into the close.

about time - moving up on thin market -or leaky ship!

up 4.2% on a bit of buying

Norse Atlantic Airways, a low-cost European carrier set up during one of the worst years for the aviation industry, said on Monday it had obtained six used Boeing 787-9 Dreamliners from a Chinese state-owned leasing company.

https://www.ft.com/content/5bb73713-6587-4e2a-bf1a-3e90c0a8d35b

All six aircraft are powered by Rolls Royce Trent 1000 TEN engines and are scheduled for delivery in the fourth quarter. Robert Martin, chief executive of BOC Aviation, said the aircraft were fuel efficient.

https://www.edisongroup.com/wp-content/uploads/2021/07/Pan-African-Resources-Exceeding-expectations-as-usual.pdf

Valuation: Eyeing 43.84c (31.72p) per share plus

On a like-for-like basis, our forecasts and core valuation of PAF have risen a modest 1.5% to 38.76c/share based on the production update. However, the valuation stands to rise by an additional 13.1%, to 43.84c/share, in the event of the successful development of Mintails/Mogale and the 8 Shaft decline 24 Level project (see Exhibit 6). To this must then be added the value of c 19.2m underground Witwatersrand ounces, which we estimate could lie anywhere in the range of 0.22–5.24c to take the total to 44.06–49.08c/share. Alternatively, if PAF’s historical average price to normalised EPS ratio of 9.1x in the period FY10–20 is applied to our FY21 and FY22 forecasts, it implies a share price of 27.9p in FY21 followed by 34.0p in FY22.

https://www.edisongroup.com/company/pan-african-resources/1220/

Industry outlook
Based on its currently producing assets, we value PAF at 38.19c (27.46p) per share plus the value of 19.2m underground Witwatersrand ounces (estimated 0.22-5.24c/share). Near-term development opportunities include Egoli (ZAR2.01bn NPV and 50.1% IRR), the Evander 8 Shaft Phase 1 (ZAR126.1m NPV) & 2 projects, Mintails’ assets (533koz over 12yrs at US$800/oz AISC), the Prince Consort shaft pillar, the Fairview sub-vertical shaft (7–10koz pa) and the Royal Sheba project (c 30koz pa). NB PAF’s mining rights at Barberton were recently renewed for a period of 30 years.

LAST UPDATED ON 28/07/2021

yes - the stock should be over 20p at least by now

another comment from that twitter feed...

This is a takeover battle not a vote on the Chairman and whoever wins there will be an entirely new board at the end.