Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
BPC has five producing fields, two appraisal / development projects and a prospective exploration portfolio in the South West Peninsula. That's without the huge potential of Uruguay. I was initially in just for P1 but I believe this now to be a hold for the next 18-24 months. Would be nice to de risk somewhat and have a free carry for the next 2 years. Let's see what Sept brings.
All very exciting stuff just imagine what it's going to be like in Jan or Feb waiting for that RNS. Then if we're successful watching the sp on opening.
Hope so Rocket as I have no spare to top up if it goes lower.
I topped up again yesterday in the hope the sellers have nearly finished and aslo in the hope it stays around the 2p mark until they do. That was my 9th purchase since Feb 2020 bringing my average to just under 3p.
I held BPC about 9 years ago but sold at z slight loss due to impatience. I did the same with KEFI and Ggp and am now kicking myself.
I've done my research on BPC and read and to decipher shat is put on here. The wheat from the chaff if you like. I consider both sides of the argument unless it's a blatant ramp or de ramp with no reference.
I'm hoping the BOD will be successful in their plan to increase flow and production via workovers/appraisals/stimulation techniques of the acquired assets.
But like most the real reason I'm invested again is for the P1 drill. There are so many variables that only the BOD know the answers to which does mean this is a very risky investment but the rewards could be huge.
If a farm in is announced in Sept I believe this would jump to 4p in the same week. It really does move that fast. Obviously I am only speculating but you need to speculate to accumulate as someone once said.
Lots of news due from as early as Sept and this should have a positive impact on the share price after this spell of decline due to the recent dumping of shares. We have people employed to entice institutional investors and I believe they are just waiting for this sell off to end before they get to work.
So I'm hopeful and confident that we should start to rise from early to mid Sept continuing with a few top up opportunities to the Spud of P1.
That's why I'm here and have been accumulating shares when funds allowed.
Good luck all genuine shareholders.
Just another 6 week of 5% daily rises and I may just be in profit
Turning in to my biggest dog this share
Star when do you estimate the sellers will be finished? My guess is Thursday next week then hopefully a steady rise due to new investors picking up cheap shares. Just my musings and complete guesswork.
I'll be topping up tmoro if it stays at 2.10 or less
All the best Pump wish you good luck fella
I've found the filter button works wonders
We could do with some positive news ASAP. It's depressing watching this drop day after day
I had a limit order in at 1.96 looks like I was a bit greedy. Never mind I still hold plenty
Just out of curiosity who do you think are the 3 most likely as potential farminees
1.BHP
2.
3.
Irene don't bother replying please you are draining me
Ahhhh I see....makes sense now
Hope so Bonum. Nice to see you back but not sure why you got banned and had to come back with a new alias.
I 4 great post and nice to see Irene well and truly spanked. Great informative post for the rest of us holding for P1.
I will be topping up next week if it's still around 2p
Hi Petro are you still in Matd?
I think Irene would still bash this share even if she won the lottery. I think its an addiction with her now but the extra pay obviously helps.
Not done anything to increase the sp though. What news do we need to see a substantial rise here. I mean in what order?