Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Like buses kread, you wait and wait and then they all come at once, this next 12 months it will all happen and the sp will reflect it. Obviously you do not believe that, fair enough, so you will watch from the side and no doubt bash every announcement.
Kread, aka lurker, what a silly boy.
Nice rns, 7m holding .
Bottom done imo. Now for the news and the push past 2p.
Now sat with half a mill of these. With only 65m in free float it will move fast if they announce completion of the JV deal and the details of the second one.
Yes "exchange and completion is expected by 28 July 2023.”
so did it exchange and complete?
It will come through but they should have updated shareholders when it did not complete on the 28th with a reason.
Announce a deal to boost the SP then totally screw over holders when you fail to deliver on time. Pathetic.
FFS another one ! It is NOT AIM. goodness me dyor.
He wont answer why they invested 31m because he has no idea, just like he had no idea MAST is NOT and AIM company.
Kread, the guy who does his 'research' thought mast was listed on AIM when it is listed on the main market chooses to ignore the £7.2m coming into mast and also the fact that not all the new projects will be in the JV, thus leaving MAST with 100% profit on those they fully own.
RERATE COMING.
"It is MED's intention and plan to use the bulk of the Cost Refund from the JV investment tranches to further develop and acquire projects that will be used within the JV, as well as further bolster its own wholly owned portfolio of assets (outside of the JV), by way of further development, construction and new acquisitions."
Kread, for someone who invests in aim companies and does research, I have to say you are not very good and so I have to dismiss your comments.
You didn’t even know that mast is not listed on aim.
£237k per yr in fees and 10% of the profit.
Then after they recoup the money £237k per yr in fees and 25% of the annual profit.
some people will pick fault in anything to suit their agenda. This is a great deal for MAST but some always want to get in cheaper so will knock it.
Also £3.4m in cash upfrot to MAST on JV 1 and £3.8m to MAST on JV2, that is £7.2m in cash to MAST.
They are also planning to increase their own projects. This is a no brainer at this price imo.
You never heard of companies being set up as investment companies then?, it is quite normal. No idea why you are bothered about that.
Keep these little 5% a day rises, that will do me. One day it will jump but for now a steady rise is bob on.
Nt to buy now, 1.87 minimum and not many left at that price. With only around 23m in public hands it could move fast.
After the profit taking we now seem to have turned upwards again.
Dont be stupid nathan.
the share is dead. the bod have ruined it for holders. they should all be fired imo and new blood needs to come in.
the deadlines have pased and passed and passed for over 16 months now and they have still achieved jack **** except for a massive pay rise for the ceo, rewarded for failure.
I am in 100% agreement that the sp has been manipulated down to this point. Someone has taken an absolute bag load of shares and will know the sp is going to recover.
Wether or not it is hoodoo I don’t know and I suspect we will never know. One thing is certain another 3 tr1’s with all taking over 100m shares each is no coincidence. Hoodoo may have been used as a decoy in return for something later on.
It stinks though. I am not bothered how it works as I have joined them, now on 11.5m shares which I could never afford at 0.5p. I will be happy once they let it go back up but I may get to 15m if it stays low a little longer.