Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Rise despite large fund raise
How come ?
What are your views on copper price until 2025 ?
In 2 to 5 years when demand surpasses supply. This will be £120m mcap.
Copper price is shot ATM.
People like Jeff bezos investing In copper mining. Low prices won't be for long.
How many placing shares are there ?
Looks like a few people are topping up
With mining license just £5m.
If we achieve same then hardly a multi bagger
How come their mcap isn't much higher ?
Definitely one to watch though
Yeah fair point.
Yes I did see the directors subscription. That was very interesting.
If people don't trust CB words I understand
But essentially see the actions, makes you think
Follow the money !
News otherwise we going down to 0.035. When new shares hit
The runaway train will continue unless you stop it. CB and his 100k won't.
3 things
Mining license, copper price and JV could stop it.
If you believe CB is the problem (and solution) then I wouldn't invest here.
Eye on the price. The Resource owned by the company and how much external interest it generates leading to a JV, investment or sale.
https://www.mining.com/web/copper-industry-warns-of-looming-supply-gap-without-more-mines/
Yes MMs doing their stuff
Can't wait for that trade which is only 1 share. That's when the fun starts
It's like a code 1 ?
Not quite sure. Murky world of MMs
"While the London listed firm remains squarely focused on developing existing assets, it has small teams in canada,the US and peru looking at early stage opportunities, chief executive arriagada said in an interview."
Little £28 at the end pushing it to 0.06.
Will the open be 0.06 ?
Can't remember which Western country (could be Canada) were also looking to buy up mines in african.
The Chinese have a lot of interest in african and the west will look to counter that.
Should get interesting over next few years
Can't buy on HL
Strange
https://www.telegraph.co.uk/investing/shares/merger-activity-gold-producers-uk-listed-miners/
Which project is furthest ahead ?
I'm going in heavy.
Mcap is very small not much down from here. Totally understand if you've held long term. Would have been a rough ride.
I recognise your username from prem ?
Let's say mining license comes through. They issue more shares (probably).
0.16p