Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
The only way I see it is if they did a deal with Exxon and that instead of the JV going through, whereby Exxon got x% of the fieldfor x amount. The SP then went to let’s say 50p. They still only own x%. If they have a view to acquire the remaining stock at a later date, then it would surge again and be significantly more than 50p. Just now Anavio can, as major shareholder force a sale that gives Exxon 100% ownership at a reduced price. That price would have to be well worth the effort and more than that, keep the illegalities from being investigated by the shareholders, courts etc. the only way they could do that is by ensuring the SH don’t lose out either. Art and family and friends included. So definitely not as low as their highest placing. So a total all out sale at 30p pays SL off, keeps SH content, Anavio earn a lot more than the companies ever seen and Exxon get it all for less than a billion quid. AIMO
so it was exxon? so how exactly are anavio, if what is being said is correct, going to make more money out of this by doing what they’re doing, instead of converting the bonds, keeping hold of the shares and letting the jv with one of the usa biggest oil majors delineate the field and increase production a 100 fold?!?! how is what they’re doing creating greater wealth than what could be earned from the jv? the minute the name of the jvp was released, if exxon. the sp would have rocketed. everyone, quids in. but if what is being said is correct and anavio ****ed exon off. they sure as **** wouldn’t want to sit down and renegotiate, because they now have more shares, so what! doesn’t add up. i can’t see anavio allowing exxon to walk away from a jv because there is more money to be earned in a fire sale!?!?
Is there not some golden hand shake payments to directors when they are paid off/resign? The injectant money was probably used to pay off AM and Cowan for their sterling performances. Gaffney will then probably take his out of the 2.5million. (Leaving us 2,499,000.50p if performance related).
I vaguely remember Coplhodler last year stating he was a failed writer/author. I can see why.
You do realise writing a monologue in every post on a bb still doesn’t count as being a proper writer. And he calls others delusional, Aw bless
So bearing in mind AM is already a millionaire, I believe Stas said he’s just sold his Hawaiian home for $17 million. How much is he set to make from this scam? Will it be enough to cover both his and his daughter’s reputations? Will it be enough to cover both their and every other directors legal bills when they all get charged for fraud? Just wondering how much they’re all set to make. And if financially worth it, compared to jail time? If it is in fact a scam