Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
That’s fine; An unleveraged long is far, far better than a highly-leveraged short . .
Slowly amassing these bad boys . .
Cheers, lets hope so. This thing will rocket. Or mrs Bola doesn’t get her car and it’s back to webcamming for her!
Confirmed, I bought 17,353,350 @ 0.371 Can’t find the trade in this site. They quote could only fill 2 and a bit mil @.34 or the whole of my purchase at 0.38 so in the scheme of that not as bad as I first thought. In it for the longer term . .
I don’t actually lie; mind you I suppose it would be easy on the internet with those of little integrity. Ended up with 1-2 mil share less than I had hoped for. I’ll log on now and see the details .
They could only guarantee 2.1 mill at 0.34. He said there aren’t enough shares at such a price. I said shame as the mms hoovered a load up in the 0.30’s weeks ago . .
Haven’t a clue. HL doing their best. I’ll look in a few mins once I’ve changed a stinking nappy
Have no idea if these are mine. Left it to the broker. . .
Rather than just over the internet?
Thing is, will this go down today?
Or should I wait for the price to go down? Will this shift the price upwards? But in tranches?
Ignore the city spivs. What do they know? They only buy stuff for other people and make a cut for doing admin. Come on. .
So what’s SP Angel’s Zac’s Agenda then? Can anyone explain the posting of this and timelines wrt what is relevant or not today? Ta much
Does anyone wish to comment on this from the above? And I’m not a de-ramper, I just like the truth. Anyone that knows me on here knows in in this long good and proper . . Today’s results statement beggars belief. The G&A is still close to $7mm (annualised) despite such limited progress on its asset base. In 1H’18, G&A is almost half that money spent on advancing the project. In 1H’17 it’s worse, as the ~$3mm G&A bill was 67x that spent on drilling. Just in case you thought that was an apparition, the 2017 full year G&A was $7.1mm, some 6.4x that invested in the ground. A further point of note is the fact that all of 1H’18’s G&A was paid in cash, opposed to ~$1mm in shares in 1H’17. “That management continue to draw such large payments from the Company in the face of such rampant value destruction is disgusting. What makes it worse is that after so much money spent in supposedly advancing the asset base, that nothing has been done to improve its understanding or selectively develop the horizons. In short, we believe that this Company is an abomination and its management obscene. Any shareholder that does not now either exit the share register or agitate for the management team to demand: (i) that management pay be reflective of the Company’s achievements and value creation; (ii) a clear forward programme; or (iii) a full review of management performance, are complicit in supporting the Company and management in this charade. Getting funding for hard working professionally run companies headed by teams of properly skilled people is hard enough without companies such as these polluting the sector.” Ends. Can someone knowledgeable please comment? Thanks, Roll-up roll-up
It only seems to go up when the volume is pushing 1 billion shares / day.
Accumulated on Friday; in all, 24mil shares.
Any takers please and thanks.
Thanks Mcadder, Call me naive but isn’t everyone on this board because they own a part of the company and invested money and now time to watch and want the SP to rise. I don’t understand why peolle waste time on here if they weren’t invested or wanted the price to go down? Isn’t life busy enough?