Member Info for the_naked_truth8

Going up again, price to sell 59p now!

Going upppp againnn :)
sell is 57p now :)

GREAT RNS:

The updated Mineral Resource represents a 23% increase in the previously reported Mineral Resource of 17.3Mt and includes 55% in the Indicated category.

Bernard Aylward, CEO of Kodal Minerals, said: "The significance of this updated and increased Mineral Resource estimate lies in the fact that it enabled us to classify a large portion of the Mineral Resource estimate as an Indicated Resource - this is fundamental for our ongoing mine development study.

for the moment i would not touch this; afters such a big fall this can fall another 10-15% !!!
have a look at PTEC, Petrofac, ITV, GVC, TUI....All good companies and share price is half or less than a year ago...
when directors buy will kick in and brokers will recommend and say this is worth at least 1200p then i will take a small gamble here as this will bounce and can make a quick 20% :)

watch outtttt!!!

28.14% down - 933p :( :( :(

this one could become the most shorted shares :)

share price is going down today because gold is down and all gold producers are down: FRES, HOCH, HGM...sentiment for gold is shite today :)
there is nothing to worry here, people can use it as a opportunity to top up...of course, i will wait few days for a lower entry 87p if possible and to see the movement of gold price :)
invest for long term !!!

have a small investment here, but because AIM is so corrupt and i see no spike or major buys before news could mean and there is a high possibility of a non positive outcome from BOTSWANA gov. Lately, same happen with 3 AIM shares on my watch list who got bad news(AST, MTFB, KIBO).
what will happen with this company if they will be rejected? Of course more cash will be required, mega dilution to existing shareholders, share price will collapse....they have some alternatives but....
KIBO and AST are perfect examples !
AIM IS HIGH RISK!!!

pump this sucker; it's time to make some dosh :)

do you actually read the latest RNS :

Cash and liquid assets(1,3) of US$322.3 million, at 31 December 2018, after distribution of the interim dividend of US$28.9 million (2.5 US cents per share) on 28 September 2018; and

· The Company remains debt-free and unhedged.

ready for a good top up at 87p :)
80p is a dreammmmmm top up unless gold will colapse under 1300:)

Just did a small top up here :)
Have two investments in gold shares, PAF and CEY, wanted some FRES but after todays results and warnimgs about future not interested ( maybe a dip to 760-780)

As long as gold is going up or maintain current level there is nothing to worry here; share price goes up and down but not when we want, traders and gamblers looking to take their money (AIM - sell on news) and chase other rainbow;

I was listening all of this derampers when this was 6.5p and was laughing and i was accumulating more and more - buy in the summer time usually august/september when commodities are at lowest and keep it for a 6-9 months...

As i said before this will manage to get back to 14-15p in few months, if gold stays at this level or starts to go higher.

Shorters are closing the shorts against gold: https://www.bloomberg.com/news/articles/2019-02-20/hedge-funds-coming-off-record-short-could-boost-this-gold-rally

hard to please derampers and the one who are looking for a lower entry or the ones who are not invested :)

as long as the price of gold is above 1320 i think this will do really good and share price will shoot up at least 14-15p!!

AIM is casino, when the small traders leaves this will finally follow the price of gold...at the moment i see only very small sales trades - the 5 min traders who were gambling for a quick return and bought before news!

brokers and analysts consider this is a good buy at this level!

https://www.proactiveinvestors.co.uk/companies/news/214950/pan-african-resources-reports-robust-first-half-as-profits-more-than-double-214950.html

Brokers are positive about this and give a 16p!

https://pressoracle.com/news/2019/02/20/pan-african-resources-paf-buy-rating-reiterated-at-peel-hunt.html

Thissss willlll colapseeee!!!

Gettttt outtttt from this dog and never look back!!!

RNS OUT:
Results are not so great:

Preliminary Results for the year ended 31 December 2018

Financial highlights

§ Revenue of $704.3 million (2017: $722.6 million)[1]

§ Adjusted EBITDA of $268.0 million (2017: $300.8 million)[2]

§ Pre-exceptional profit before income tax of $54.7 million (2017: $66.8 million)

§ Post-exceptional profit before income tax of $38.4 million (2017: $64.1 million)

§ Adjusted basic earnings per share of $0.05 (2017: $0.08)[3]

§ Cash and cash equivalent balance of $79.7 million as at 31 December 2018 (2017: $257.0 million)

Cash ready for a nice top up!!!!

THIS IS NOW A Better choice than CEY / FRES!!!

RNS OUT: Very goodddd resultsssss!!!

GOLD IS BOOMINGGG ALREADY OVER 1340!!!

Pan African Resources is pleased to report a robust operational, financial and safety performance for the six months ended 31 December 2018. The group is now positioned as a low cost and long-life gold producer, in line with our stated strategy and our shareholders’ expectations. Our combined underground and tailings operations are some of the lowest-cost gold producers in South Africa !!!

In the current reporting period, the group’s all-in sustaining cost per ounce in USD terms improved materially to USD975/oz (2017: USD1,268/oz), emphasising the quality of our operations, the impact of low-cost ounces from Elikhulu and also the other business improvements implemented