Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
are seeing sense in their outbursts yesterday... there is always a benefit to their madness.
was very flat and seemed rather downbeat considering what we all expect to happen.
Seen better performances. No mention of the cash incentive, though.?
All things considered... Not too bad.
Something tells me by the amount of posting all around, they want you to sell as there is still low liquidity. Don't believe all this hype!!!
to the guys over from the other BB and TG groups who are helping to spread the love!
From RNS -
"Because of the manner in which we have assembled development finance for Tulu Kapi, we can now target c. 75-80% ownership. It is also pleasing that we have assembled a particularly strong project finance syndicate and, most importantly, kept debt-leverage at a prudent level. The core of our financing syndicate is familiar with and supportive of Ethiopia."
"In respect of capital management, the obvious challenge for any public-listed junior explorer is how to discover and develop such capital-intensive mining projects when the investment appetite of the public capital markets is particularly cyclical. As a consequence, KEFI focuses mainly on funding at the project levels. In both Ethiopia and Saudi Arabia, our projects' predecessors and partners have provided over 60% of project funding to date. And as we are demonstrating with Tulu Kapi, going forward the development funding will remain largely at project levels."
are screaming straightaway for shares. Demand for them is high. Keep hold!!
comments from today's RNS. We will be inundated!!
are on here trying to pick holes in the RNSs as they have come out (mainly LTH). It seems that we not only suffer this on here but other boards and TG groups as well.
for the company or JV on the cards... Who knows?
What are the chances?
'we're gonna see 8p+ before the end of June"
Must be one of the LTH'ers. Either that or has rose tinted specs! ;>)
is running out. Oh I also forgot so is blind faith.
Pressure is certainly on here to get this wrapped up.
it would have happened way before now. With gold prices incrementing and still small volumes here. The long-termers are locked in and realistically cannot see when the light at the end of the tunnel will come to the fore even as we start to approach June. Maybe this time it will be different.
It is a time for ACTION not inaction!!!!
gone by. No updates or any comms. Investors losing interest and the MM's still not convinced as we start a new month next week.
How many years time ;-)
Has been helping sellers today by raising the ask and hitting on the bid at the time.
There must be a lot of sellers want to escape from this.
From the Q&A answer the Key paragraph for me is here and which gives an insight into the current situation:
"it remains most important for our joint focus to remain on reinforcing collaborative efforts to complete our preparations for Project launch."
Understandably, the EG is undergoing turmoil in its country and needs to get these elections through as smoothly and as safely as possible (as a responsible Government) and NOT for the troubles to escalate to other parts of the country. This has obviously created a delay until around the end of June. Their (EG) commitment and priority for the project has taken a back seat and in doing so, this has impacted on the timescales to some degree which is CRITICAL to getting the ball rolling for the funding and START of production the latter part of NEXT YEAR, as this will further IMPACT on their schedule and no doubt additional COSTS.
This MUST be a massive frustration, blow and DISTRACTION for the company as they wanted to get this up and running ASAP as this PROJECT has taken YEARS to get to this final and transforming stage. They NEED to keep the EG on their side no matter what as NOT to do so and to try coerce them into things at such a difficult time may not be advantageous in the short and longer term relationship.
This is not what we would all want as shareholders and MORE importantly, neither does the company.
The positive we can take away from this is that by July the financing and Project Launch will have been completed.
AIMHO
This is all coming across as rather amateurish. What happens if the EG revokes the licence?
Pressure MUST be on to get this signed.
This is getting more riskier by the day, when it should be the opposite.
Let us hope that this sort of thing is not repeated in SA!
Yes. Probably be released in June. Lol.