Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Come on Goldstone.
Where's the gold, how much has been sold??
How much has been stolen this time?
We know there are thousands of ounces in the ground, you've told us that before, what rae we actually worth?
... If you believe the old adage that no news is good news, there's another positive for you wasarunner. I just hope we aren't in the running to get an update like SGZ gave out this morning...
... still patiently holding, if not praying, for some super news...
...many thanks for your reply wasarunner, I appreciate your taking the time to explain it to me. As an aside, I am only a small holder but am not even considering selling up. These will either come good (preferable)... or not, and I'll live with the consequences of my descision.
sorry wasarunner, but I don't follow your logic. If a few panicked PI's sell just 100k, which is basically peanuts, but an entity buys 70M+ shares at 3.25p (£2.4m), why is the share price falling through the floor? I'd be expecting it to skyrocket. What am I missing or seeing wrongly?
... I have very much appreciate reading your contributions to this board wasarunner, respect your views and acknowledge that you are way above my pay grade when it comes to Grl. Nonetheless, irrespective of the causes (which jdt1990 & others sum up below), this share price has, in my eyes, 'crashed', from a high of over 15p down to below 5p over about 18 months and it doesn't look like it's going to reverse any time soon (I hope I'm wrong). If that doesn't constitute a 'crash', what would you call it?
How low does it need to go before it is considered a 'crash'? Do we need to consider a time frame too?
Well spotted 1nvest.
I wouldn't expect the forced selling of 20% to the bank to be any different to selling to anyone else, as long as the price is right. If it were to have an effect upon any existing delivery contracts I expect this would be considered default by 'Force Majeur'?
I'm not worried.... yet.
I also note that:-
Losses from operations for the six months to 30 June 2022 were US$0.29 million (H1 2021: loss of US$0.55 million). It is noted that, were it not for the theft of gold concentrate announced on 29 June 2022, estimated to be US$350,000 in value, the Company would have reported an operating profit.
What a shame, because I'm certain that had we been able to publish that 'profit' we would not still be down here in the 6's. I also don't think this is as bad as some here are suggesting. But of course, that's my own opinion and definitely not meant as financial advice.
... so far so good. I've been with Wise now since the end of 2021 and have yet to experience any trouble with them whatsoever. I have though, only made smaller, everyday payments using their their debit card and have yet to make any withdrawal of a 'large' sum. You mentioned ZaraSummer, that they won't allow a large transfer. How much, in your opinion, constitutes a 'large' transfer please? You've got me a little worried.
I see Megan Muir reducing their holdings here, and that, after buying in at around the £10 mark (I presume). Can anybody possibly explain to me why they would do that please? I wouldn't have done it so am I missing something? Perhaps I'm too stoopid!
... as of today, not with too much yet, I would not ordinarily have bought into these yet but I've jumped in anyway and want to see where we go from here. Afterall, it's only money.
I've been using Wise for a little while now, testing it out and have been quite happy with it so far. Even tried converting GBP to EUR & USD but I don't know if this is the best way to be playing with currencies.