Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Thanks iceberg, your blog really helps to visualise what's going on with the holes, not had much time recently to really get into the details of the holes and match them up with the 3d model and drill plans.
Happy to see you are getting over COVID, all the best to you and your family for recovery.
Steve, the only thing I can think of is the reference to the hole that AA put into footrot. AA didn't find what they were looking for, not sure if they drew a complete blank or just uneconomical. If the hole was published then you could get an idea of the composition leading to the geophysics reading.
I feel like I was there in spirit, had a dream last night that I was there and Colin was presenting. I don't usually have vivid dreams so perhaps a sign I have over invested here lol. Btw I didn't wake up in a cold sweat, sounds like Colin did a good job in the real just like in my dream :-)
Hi CE, agree with your post btw.
I wonder if there are any impacts or consequences that perhaps are not so obvious to us PIs by voting against the warrants. In terms of "do I want to be diluted" the obvious answer is no as a PI, but then why offer the warrants in the first place if not to facilitate the placing? Would it mean we have to pay out cash to the broker at an inopportune moment as we have higher cash outflows right now ?
Xeiger.
Hi SL
If you look under the chart in the RNS, the CU EQ formula states 0.0078xAg (g/t) as the value assigned, compared to gold it's ~1/100th of credit per g per ton compared to gold. No doubt it adds up over the total volume of the pit but not something to go searching for.