Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
IIRC, the court order had to go to another government official, (Attorney General?) Then he would deal with it, assuming he already had a packed schedule VAST may not have been his priority, it was never going to be instant, maybe this RNS is because he has done his part and now the bank are authorised to release
This was obviously leaky from the moment it shot up from 0.40, but the fact is, for there to be a leak 'something' must have happened, something real.
Not saying we'll get the diamonds next week, but some serious material progress must have happened. Maybe transport has now been arranged on there end and it could be a week or less
They are happy to take 375k shares at 1.35
Think of it like this 'thiswedo'
450k shares are 12 paisa per share = 54,000 rupees, has the penny dropped yet?
It would cost 5.4 million pennies to buy 450,000 shares are 12 pennies per share.
450,000 * 12 = 5,400,000
100 pennies per pound
5,400,000/100 = 54,000 pounds
at 12p per share, you can buy 8.333 shares per pound
400k.
Nominee account so can't vote but I assume the nominee will abstain
I have 400k shares but can't vote on Barclays, although at least that's 400k that won't be voting yes.