Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I was hoping the sp would languish over the last week to allow my next SIPP payment to go through.
Bought another 1m this afternoon. If it stays around here for another month, then I’ll repeat the process . If not, and things start moving north, I’m quids in anyway.
I posted this back in February of last year:
"Simplistic price forecast: 450,000 oz at £1354/oz = £609,300,000Divide that by 3,570,000,000 shares in issue and you get £0.17. Deduct 50% for all in sustaining cash cost for mining and still at 8.5p profit . And that’s the lowest end of forecast of oz’s recoverable just from Olympic. Just need to prove up the asset and away we go, potential mega multi bagger."
And that's just the gold which is now at £1574/oz, 14% higher....
Some people saying 2p... I think potentially a lot higher....
Just my view on what I see happening technically ((again in my view) can reflect what is happening with fundamentals.
This can only go north IF there isn’t a major disrupt or.
The gold alone if monetised would give an SP in multiples of where we are now.
I dare to believe that this company could be transformational for my pension fund.
Another bull flag forming …. Showing signs of another potential significant move north.
21 Feb 2023 12:12
TheBasher
Posted in: KOD
Posts: 525
Price: 0.3975
No Opinion
Setting up for a big break out …
Lovely looking chart!
A nice triangular flag appearing at the top of the “pole” of the recent push north.
Consolidating and looking set for its next leg up, which could be explosive.
Of course, could be wrong, but knowing that positive news is due very soon, I’d wager a bet on it. And very happy to hold my x million shares.
Retirement was but a dream, but maybe, just maybe….
This time next year Rodney, and all that.
“All parties remain fully committed to the completion of the funding transaction as soon as possible and, as announced by the Company on 13 April 2023, Hainan and Xinmao have received all necessary approvals from the Chinese Government authorities to allow it to complete its funding and investment, including "Overseas Project Investment Filing Certificates" from the Hainan Province National Development and Reform Commission ("NDRC") and Company Overseas Investment Certificate from the Department of Commerce of Hainan Province.”
Another week passes…
My well-worn patience is running low. But patient I will remain.
I’ve waited long enough for production, so hopefully just a few more months to go. Months are manageable after sitting through years of failure.
Is IRONVELD finally going to come good?
@bumpingalong
Absolutely my concerns too.
Shareholders owned a company that was sold for good money, but shareholders didn’t benefit one bit.
But I assume Dennis and crew are drawing a nice salary and gaining options while all this goes on.
Perhaps they could offer existing shareholders some incentives too?! Right, that’s likely to happen…
I don’t see anything transformational at the moment. Just a lot of hot air about possible projects that they don’t even know exist yet.
Any serious investor wouldn’t invest in KZG based on that presentation. But AMS have invested and at a premium. So what are we not being told?
From last operational update:
“ (1) completing the mill facility and bringing it on to production (2) continuing the search for precious metals and pinning down a discovery for development and (3) ensuring that the potential upside of the Company's copper prospects is maximised. Importantly, once the mill is producing we will become a revenue and cash generating business and we look forward to keeping shareholders informed on progress."
So all good.
The news this year could be transformational for GWMO.
@stumpy_gold
Well done for attending.
Can you give a bit more info on what BH presented?
Are you saying that he doesn’t know where to focus the company??
If that’s the case I’ll sell on the opening bell tomorrow!
But I think there may be more to it than that ….
@musicman
Phew. Thought you were doomed!
I’m holding tight to see what happens next . There is NOTHING currently enticing me to sell, even though I am multiple times up on original investment. That may change of course, but I have a modest holding of a few million that was bought cheap. These investment opportunities that start playing out positively are few and far between on AIM, so until there is a good reason to sell (apart from the free ride theory) then I intend to sit on my hands and see what happens over the next 12-months. IF there were well-founded rumours of a TO within that timeframe that spiked the SP, then I would likely take a chunk off the table depending on the then current state of affairs.