Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Great news.
President takes over the ministry from the previous crouputed minister.
President is travelling all over the world to bring investment to Sri Lanka and promote Sri Lanka as a great place for the investors.
https://www.adaderana.lk/news.php?nid=94055
All the best 👍
Https://www.adaderana.lk/news.php?nid=94029
Sri Lanka need help from China and Chinese companies wants to do business in Sri Lanka.
Our offtake partner (potential) is a Chinese company (LB Group).
Sri Lankan government doesn't want to upset China.
All looking good
29th September RNS - "there can be no certainty as to the outcome of the statutory appeal hearing"
While there can be no certainty as to the outcome of the statutory appeal hearing, the request for deferment until after the statutory appeal hearing decision gave the Board cause for some optimism around its outcome.
10th October RNS - "confident of a positive outcome."
"We continue to await the outcome of our statutory appeal against the attempted cancellation of our licences which was heard by the Secretary of the Ministry of Environment two weeks ago and are confident of a positive outcome."
Https://www.adaderana.lk/news.php?nid=94018
Member of Parliament who cancelled our licence has gone for good and new member has replaced.
Everything is getting better and better
This is from RNS dated 29th September 2023
"The Respondents' Attorneys requested that further proceedings be deferred until after the Company's statutory appeal before the Secretary of the Ministry of Environment (the "Secretary") against the notice of cancellation of the IMLs issued by Geological Survey and Mines Bureau (the "GSMB") (as announced on 12 December 2022) has taken place. While there can be no certainty as to the outcome of the statutory appeal hearing, the request for deferment until after the statutory appeal hearing decision gave the Board cause for some optimism around its outcome"
It's looks like, the company is almost certain that the licence will be reinstated.
🤞🤞
Spaldy Investments Ltd.
9.005 %
Spruce House Investment Management LLC
8.976 %
Conifer Management LLC
6.519 %
683 Capital Management LLC
5.199 %
The Vanguard Group, Inc.
3.072 %
Norges Bank Investment Management
2.963 %
Ruane, Cunniff & Goldfarb LP
2.908 %
JPMorgan Securities Plc (Market-Maker)
2.415 %
Davis Selected Advisers LP
2.010 %
Hargreaves Lansdown Asset Management Ltd.
1.944 %
Https://twitter.com/Chariot_Energy/status/1709840279811785000?t=20pSN3yxxpwKj7tZr1pieQ&s=19