Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Everybody seems to assume the carnage is over. Hopefully it is. But it's still a case of second guessing as to what's been happening lately.
I still feel that FG has to be a lot more vocal.
Excellent post Mr.E. it sums the current situation up almost perfectly.
I personally don't think FG has got the credibility to stay silent any longer.
Good luck my friend. I hope your reasoning pays off. But unfortunately when some lose, there are those somewhere that profit. And handsomely.
When a share falls in price there always seems to be a rush to put the onus on market makers playing games one way or another. The last thing that investors seem to want to accept is that the share that they've invested in has turned into a pig. But it does happen. Often. I truly hope that this isn't the case here.
You'll double your holding whilst trying to catch a falling sword? Unless you're only invested a few hundred that sounds crazy. Still if that's how you play, that's fine. I trust your just spouting a meaningless personal statement for some reason. Rather than trying to influence those that can be influenced.
But although I doubt your the possibility of your words matching your actions, I wish you, and all, the very best in the future of this share x
Easychair: I can't knock you for getting out. You can always get back in if things show improvement. It's better than watching your money dwindle away.
FTH: I'm not looking for plaudits, congratulations or a pat on the back. Neither am I looking for approval. And like you I'm certainly not panicking. But I am concerned. If you're not, so be it. It's your money your choosing to play with. Thankfully not mine.
I've been doing this for twelve years now. In years gone by, better versed people than I availed themselves to my money. However, I'm still doing it which suggests that I've had some level of success. Long gone are the days when I'd get married to a share and struggle to let it go. In that time I'd like to think that I've acquired a sense of being able to read the lines. But I have to admit that this has got me flummoxed. I can see both sides of the short term argument, while still holding on to some long term optimism.
I wouldn't hesitate to drop this like a stone. Even at a loss, which thankfully I'm not yet at. I've been here for almost four months.
Anyway, my confidence in FG is steadily diminishing, and rightly so. It's over to him now, it's time to put up, talk is cheap.
One last thing. I've never got wildly excited over John Story's investment. Yes I've welcomed it, but I don't for one minute think that he's never made a mistake. But one thing is for sure, he'll realise that he's made a mistake long before I do.
Confirmation of commitment by all senior parties would be greatly appreciated.
IMHO the strength that this share had shown in holding it's price over the last few weeks speaks volumes. If it does get over the oncoming hurdle, and again the strength of the share price suggests that there's a lot of market confidence that it will. Then this could be a very safe investment indeed.
I wasn't expecting an RNS before the AGM, and even then I wasn't expecting to hear much that we didn't already know. But surely what with all the carnage with the share price recently, something has to be disclosed. Its not in the bod's interest to leave so much speculation and negativity to spread.
Back to 3p on the back of what exactly? Fortunately I don't share the same thought process. Until we hear something, this can only go one way. Get used to an occasional blue day amongst the red days. Hopefully with not too much damage.
It is pretty much I think. I didn't expect so much of a retrace today, so nearer the 3p mark would have been a fairer close in my opinion. But the fact is that although the RNS was pleasing in parts, it didn't contain the news we could do with. I.e. updates and details on mining commencement. So realistically we're still at the 'just talking about it ' stage, and there's no indication of things changing anytime soon.
Until news of more physical nature lands, there 's very little likely to happen that will get this share moving in the manner that we all expect.
Still holding strong, but a bit more communication wouldn't go amiss.
While I'm pleased that someone has invested one million into CLP, I can't help but wonder how much one million pounds is to John Story. Ok, I know that no-one throws a million pound around just for the sake of it. But to put it into perspective, Jeremy Dyson invested half a billion pounds into developing an electric car. And he lost every last penny. Think about that. A man that you'd think knows what he's doing blew 500 million pounds. Many people would have 'followed the money ' and would have been severely burnt.
Now I'm not suggesting that Story has anywhere near the bankroll of Dyson. But one million to him may be the equivalent to 10 or 20k to many investors. So is this just punt money as far as he's concerned? If so many investors here will have committed a far greater percentage of their worth than he has. So far.
Despite all that, I'm pleased that one million has been invested into our company. And I hope it will be well spent . But CLP is still somewhat of a punt at the moment, despite Story's investment.
I did spend some time looking into this. But trying to find a connection drew a blank every time. However, what with Pegasus Pirouette being newly formed and a one man show, if things develop there, some sort of link may become apparent. But it does look very much like it's just coincidence.
Exciting, realistic and achievable possibilities, I might add.
Excellent work and research. Thank you. I'm going to have to read the links a few more times, and I'm not even going to pretend to understand the formulas. But there's obviously some exciting possibilities out there.
I take my hat off to you Mr. Dumpling sir. Well done and thanks again.
Set free? I'd love to see the price rocket. But there's only a few things that will see positive price movement. Such as director buys, further ii investment, the final obstacles to relending being overcome, and relending itself.
The first two would keep things ticking over until the potential explosion of the second two. But while none of the above is happening, we're in for a very stale period of time.
I'd rather hear news concerning the actual mining of bitcoin than hear news that bitcoin has risen by fifty percent. That's what I mean by relevance to the share price. There's no reward in earning zero coins no matter what their worth.
I don't know what is going on in the background, but unfortunately it doesn't yet seem to be anything to shout about. Hopefully Francisco's prediction of mining within weeks is accurate, and the weeks don't start rolling into months.
As someone said earlier, he needs to start walking the walk. But who knows? Maybe that's exactly what he's doing in the background.
Granted that the higher the bitcoin price the better. But until we actually start mining them, it has little relevance to the share price.