Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Is that Bannor offering words of encouragement to fellow posters I see? 😊😀
Or is that because you have loaded up with a few extra to dump into any rise and prefer to have jimb2 back onside? Who has remained positive throughout but is having a change of heart of late. To assist with pumping the sp back up? 🤣
Either way love to see it Bannor 👍 15p would also see me gone with the wind. Gone are the days hoping for 30p+ with this mob in charge
GLA
I agree. The leadership has lost all faith. The only way I have seen out of this hell hole is by averaging down in the hope that I see 10p plus and get out sooner.
I did contact the co a couple of weeks back demanding an explanation as to why the Increase in stake and a massive discount raise smashing sp and sentiment even further into the ground and you won’t be surprised by the response. See below
Dear Dean,
Thank you for your email. Your comments here have been passed to CEO Kiran Morzaria.
The markets have been exceptionally difficult for small cap mining and exploration companies over the past few years. AIM listed mining and resource companies, and companies investing into the sector have almost without exception endured challenging conditions. These conditions mean that if a Company needs to raise money it has to take advantage of the opportunities as they become available.
Like you, Kiran is a shareholder in the Company and is fully cognisant of the situation. If you look back through announcements over the past few years, you will see the board regularly purchase shares in the company, and most recently (October 2023) Kiran purchased shares at 0.074p.
Yes I have received the email. The banding seems very fair I’m more than happy with that. Shows there must be high interest.
There is 2 form on the email. The first one allows to add txt to the form. The second one does not. Will that need printed off, filled in and emailed as a PDF? Can anyone shed some light on that please?
Many thanks
Impressed with what I saw and heard. Thanks to the CAG group for all there efforts. I will be backing it 100%. Interesting to see James Goozee in there today as well I’d assume for a small fee he would be foolish not to. Strength in numbers💪 let’s get it!
Can anyone who has attended one of the zoom calls confirm how the fee is calculated please? So it a % of what your investment was capped at £500? Not sure I can make the final call I just want to know what the fee would be for me if my total investment was £8200?
Many thanks
Thanks for the response Stas sounds promising. So who exactly would be forced to pay us the money back if COPL are no more and would we ever be likely to get the funds back in our lifetime if we did win the case?
I will try my best to get on the Thursday zoom call
Thanks again for your reply’s
Hi stas/all
Has there been any indication if we do win, what that might look like? How will we even be paid if the co have gone bust, how much are we likely to get back if we do win and how long that might take? Iv not been able to get on any zoom calls and I’m just trying to work out weather paying up to almost 5% of my money to fight this case after already losing £8000+. I’m worried it’s throwing good money after bad money or if it does cost between £300-500 the win would have to be substantial to make that money back plus my investment.
I’d like to add I appreciate all the good work that has been done here fighting the good fight.
What is yours/others expectation should we actually win?
Appreciate any reply’s
Thank you
Lose faith are we Jim? I agree why on earth do we need that extra 1% now and then raise at a massive discount? Why! Sick of kiran have been for a wile. Only way out I see is averaging down and hoping for the best. 🤣 kiran needs to explain or close door on his way out!
I’m also keen to hear Kiran explain the rational behind the most recent placing as well. I hope there is a reasonable enough explanation but that remains to be seen. I get the feeling more people than not are sick of him now over promising and under delivering. The time is now IMHO or he needs out. That’s my opinion anyways. GL all