Pan African Resources Share Discussion Threads

[gold panda] 06/1/2017 14:57

correct mikky, even the coal project is a huge success. if i remember correctly, payback was around four years

[mikkydhu] 06/1/2017 14:47

The 5th Dec news release was all about the Elikhulu Project, great stuff: 25% to be added to PAF's annual production, very low AISC...

But little or no mention is made of the 2010 pay channel that we're waiting to hear about.

But look at the two projects; compare the numbers: Over 13 years, Elikhulu is expected to yield a total of 673,000 ounces. However the 2010 pay channel could be three times bigger: a total of over 2 million ounces. Of course, this has yet to be proved, but the high grade, over 10 g/t, of the 2010 pay channel resource suggests it may well be economically viable.

If Elikhulu can add 25% to PAF's annual production, what percentage increase could a project three times as big add?

It is sometimes hard to fully appreciate the scale of the possibilities at PAF. It has vast amounts of gold. And the management seem to be active in exploiting one project after another.

[dt1010] 06/1/2017 08:37

Gold price could break through $1200 if the NFP numbers disappoint...
That is the biggest driver for this in the short term.
Equally if gold sells off in the other direction of course.

[le mass du pap] 06/1/2017 08:28

".....with first gold forecast for the final quarter of the 2018 calendar year and full commissioning in December 2018"

This bit? Should be good in a couple of years, but not sure how it adds value any time soon.

[garycook] 06/1/2017 08:08

I have been informed to tell all PAF shareholder,s to refer to the Dec 5 update from PAF.

[dt1010] 06/1/2017 07:36

It's a big day for data across the pond with US non-farm payrolls due. Payrolls are forecast to rise by 175,000 in December, with average hourly earnings tipped to be 0.3 per cent higher. Unemployment figures for December are also out, and are predicted to rise to 4.7 per cent - up from 4.6 per cent in November.

City A.M.

[dilbert dogbreadth] 06/1/2017 06:30

Let's hope we are all in a better mood this morning.

[dt1010] 06/1/2017 06:16

Agreed Gary.

[garycook] 06/1/2017 00:19

Somebody is clogging up the PAF thread.I can see why srpactive does not want to post or use this thread.Can you two grow up,and act your age.DT I have unfiltered you,but do not give me any excuse to filter you again if need be.I have a big investment here and in HGM.So I just want to hear constructive talk on PAF,and not unrelated issues and spats !!!

[le mass du pap] 05/1/2017 21:44

I bought PAF at about 14p a few days ago and will sell at 18p resistance early next week. That's 28.57%, to add to my 41.66% at KEFI.

You see ROLF, that's how to make money and last in this game...like me.

Surely got to be better than buying at 24p many moons ago, then watching it slide while dreaming of 30p...like you.

;0))

[le mass du pap] 05/1/2017 21:31

Are you talking to me ROLF, or still on about the Buffet?

[dt1010] 05/1/2017 21:29

"Major bounce coming here soon imho" - you posted that on the KEFI board on Dec 12th. But you claim to have made 41% there. Er...rumbled?..

Are you a 30+ year "investor" as well as illiterate? I posted ROFL not "ROLF".
I thought that given you like to post "lol", you'd understand.

I am clearly not going to learn anything communicating with an imbecilic person, and a liar to boot - like you.

Try not to wet yourself about PAF going up, it's only been 3 trading days of 2017 so far. I know it's a bit slow for you though. But of course after 30 years of investing, you're in no rush...hehehehe

Bye bye bozo.
Filtered.

P.S Shorthand for Rolling On the Floor Laughing, ROFL or ROTFL, is commonly used to express that you are laughing so hard that you are rolling on the floor.

[le mass du pap] 05/1/2017 21:21

Btw, is your name ROLF? You keep signing off as ROLF.

Can I call you ROLF?

[le mass du pap] 05/1/2017 21:20

KEFI? Yes, I bought at 0.24 and sold at 0.34. That's 41.66%. Does that qualify as a bounce? How much have you made here, is it anywhere near 41.66%? Thankyou please.

[le mass du pap] 05/1/2017 21:13

Re 9586. Warren Buffet has been around for more than 30 years and I think he's older than 11. But still not a table of snacks and you can't take that away from him. Amazing huh?

[le mass du pap] 05/1/2017 21:06

Whose ROLF?

[dt1010] 05/1/2017 21:05

Wow, he has the prize mentality of an 11 year old...and yet he's been "investing for over 30 years"
Clearly really successful and not bitter and angry at all.
Go away little man. Keep "investing" though, in quality like KEFI....
Says a lot, not sure the last 30 years has been very fruitful for you !!
ROFL.

[le mass du pap] 05/1/2017 21:03

Here's something, Warren Buffet isn't really a "Buffet", he's a real man and not a table full of snacks.

What do you think?

[dt1010] 05/1/2017 18:02

Le Mass if you're so experienced then why are you so impatient?

Clearly you have not learnt much over the last '30 years'.

Paint doesn't dry any faster if you watch it. But no doubt you know that too ;)