PAN Pacific Share Discussion Threads

[happy bear] 15/5/2012 10:46

another 140k, i guess that must be me then seeing as I mentioned it?

[happy bear] 15/5/2012 10:45

get a life 345654

[christianf12] 15/5/2012 10:36

lol, you reckon they are my buys, you are going insane mate, paranoia : )

PPA has had nothing but good news recently so a rerating will come quick and significant when people least expect it. 10p first target based on brokers 24.6p target.

GLA

[sweepie2] 15/5/2012 10:25

Certainly the new BOD have announced more good news in the past month than the last lot managed in five odd years. From these levels if it continues PPA could reward a punt imo. SH in VIR but am looking to purchase in PPA funds permiting

[share_shark] 14/5/2012 08:05

So lets now see.

[topinfo] 14/5/2012 07:20

PPA More good news.

DJ Pan Pacific Aggregates PLC Local Area Plan, Shaw Pit

TIDMPPA

RNS Number : 2316D

Pan Pacific Aggregates PLC

14 May 2012

Pan Pacific Aggregates plc

("PPA" or the "Company")

Local Area Plan, Shaw Pit

Pan Pacific Aggregates plc (AIM:PPA), the British Columbia based aggregates company, announces that at a Council meeting of The District of Mission on Monday 7 May 2012, the Council agreed to develop a Local Area Plan ("the Plan") for inclusion in the Official Community Plan for the Keystone Avenue aggregate operations.

The Plan will encourage a collaborative and complementary approach between local operators, including PPA, for the extraction and processing of the aggregates. The Plan will also address the afteruse and future development of the pits once exhausted. It allows PPA the opportunity to agree terms with other operators for PPA to operate other pits.

Shaw Pit

Shaw Pit is an existing sand and gravel pit owned by The District of Mission. PPA has been selected by The District of Mission to operate the reserve, and the Company is currently in discussions to achieve an amendment to the Mines Permit to reflect the envisaged operational requirements. The extraction, processing and sale of aggregates will be operated by PPA.

Chairman, Lynda Chase-Gardener, commented, "We look forward to working with Shaw Pit's neighbouring operators to develop The District of Mission's Local Area Plan, especially with regard to processing and supplying into local concrete and asphalt manufacturing facilities."

For further information please visit the Company's website (www.panagg.com) or contact:

Pan Pacific Aggregates plc

[happy bear] 09/5/2012 23:03

Good effort eelbuoy. But this pair have no interest in facts. In all honesty, I have even taken the time to question one or two things they have said to see if there is something I have missed. But again, in all honesty, I can say I haven't found a single post of theirs that warrants any concern. They are just here to sling mud for the sake of their own pleasure. That is all. Best ignored, like the heckling drunks you find on a street corner in the types of town they live in.

[eelbuoy] 09/5/2012 17:31

Do some research.


Pan PacificAggregate
Change of Director
RNS Number : 6466Z
Pan Pacific Aggregates PLC
20 March 2012

"We are delighted that Nick has decided to join the Board as a non executive director with immediate effect. Nick has a wealth of investment banking and mining experience which will enable him to make a significant contribution to the strategic development of the business."

Nicholas Lee (aged 49), has more than 25 years of investment banking experience. He qualified has a chartered accountant with Coopers & Lybrand and joined Kleinwort Benson Group plc in 1988, rising to the position of Managing Director, Head of Banking, Hedge Fund Solutions when he left in 2009. Nick is currently Head of Corporate Finance at Novus Capital Markets Limited and is a director of a number of companies including several resources and mining investment AIM listed companies.


Pan PacificAggregate
Business Update
RNS Number : 1659V
Pan Pacific Aggregates PLC
06 January 2012

The Company is also reviewing the ongoing constitution of the Board and will update shareholders in the near future.




Pan PacificAggregate
General Meeting Statement
RNS Number : 1996W
Pan Pacific Aggregates PLC
26 January 2012

We are reviewing all local opportunities available to the Company to profitably expand our asset base and discussions with the Local Council regarding the operation of Shaw Pit remain a key focus.


Pan PacificAggregate
Remortgaging of Quadling Quarry
RNS Number : 7137B
Pan Pacific Aggregates PLC
20 April 2012

The previous mortgage was also for a principal sum of CAN$1.67m and attracted interest at a rate of 13% per annum, payable monthly, but with no principal repayments. The new mortgage is for the same principal amount but attracts interest at a lower rate of 11.5% per annum, payable monthly, and will have monthly principal repayments which will be calculated at a rate based on the tonnage of product shipped from the Quadling Quarry in the previous month.

Chairman, Lynda Chase-Gardener, comments: "Following the successful placing last month, the remortgaging of our flagship quarry removes further uncertainty and puts PPA finances on a stronger and longer term footing."

[bam bam rubble] 09/5/2012 14:18

Its a nice excuse (the Chief Financial Officer is to step down due to a move to Toronto) however the Company has no qualms about the Exec-Chairman and Exec-Director of Operations being based in England, so the issue of location is not a barrier it seems. The inference when a Finance Director resigns is due to issues with the company's poor financial state. The fact the resignation comes in the same month as the monthly mortgage repayments begin (with no apparent ability to meet them) is likely more than a coincidence. Going forward the company looks unable to pay its debts as they fall due. A good time for a CFO to exit

[mg78] 09/5/2012 08:56

Chief Financial Officer appears to have had enough.

[mg78] 03/5/2012 22:10

BAM BAM Rubble 3 May'12 - 19:03 - 156 of 157

Abandon hope all ye who enter these accursed stocks

AIM Hall of Shame
1st place (-99.97%)
Pan Pacific Aggregates (PPA) IPO'd at 80p now 0.0225p (pre 100 to 1 consolidation)
Tosh floated by William Voaden to generate placing/consultancy fees for associate co.
Shares in issue multiplied 113 times over since IPO, primarily to pay admin expenses

................................................................................

Voaden was thanked when stepping down as CEO (!!).........AND..........is still being kept on at the company to offer 'consultancy' services (!!!)

Beggars belief.

[mg78] 03/5/2012 19:12

Admin.

'Admin'

(Admin).

[bam bam rubble] 03/5/2012 19:03

Abandon hope all ye who enter these accursed stocks

AIM Hall of Shame
1st place (-99.97%)
Pan Pacific Aggregates (PPA) IPO'd at 80p now 0.0225p (pre 100 to 1 consolidation)
Tosh floated by William Voaden to generate placing/consultancy fees for associate co.
Shares in issue multiplied 113 times over since IPO, primarily to pay admin expenses

2nd place (-99.84%)
Noventa (NVTA) IPO'd at 175p now 0.275p (pre 20 to 1 consolidation)
Tosh floated by Roddie Fleming to enrich the Family Trust with cheap pre-IPO stock
Shares in issue multiplied 70 times over since IPO. Total net loss over $100 million

3rd place (-99.58%)
Frontera Resources (FRR) IPO'd at 150p now 0.6p (yet to consolidate)
Tosh oil stock floated by son of senior US politician and son of ex-CEO at Conoco
Shares in issue multiplied 42 times over. Net loss of $200 million in last 5 years

[mg78] 03/5/2012 18:25

Is it the pre consolidation slump, or the post consolidation slump which alarms you?

[gozo] 03/5/2012 17:56

christ ...just had a look at the chart!

[mg78] 02/5/2012 18:39

No no....you misunderstand, BAM BAM Rubble......:

Didn't PPA want to build an long industrial conveyor right through the heart of the forrest to take the the rock to the dock?? It was only supposed to be around 8km long. They probably would have got it done in a weekend........if Quadling is anything to go by.

The noise and disruption would have been minimal I'm sure.

;)

Thanks again for the giggle over Lynda's report. I'm already looking forward to her next one!

[bam bam rubble] 02/5/2012 17:20

Quadling is not worth $1.7m so it would've made sense from a financial perspective seeing as that debt is secured against the asset, to default on repayment thereby removing a $2m liability from the balance sheet including 13% interest payments. This was likely the plan but the RTO to acquire another quarry fell through last year so they're now stuck with it, producing aggregates at a loss to justify the AIM listing and their inflated pay packets

The days when they could get away with using shareholder funds to buy a waterfront mansion to use at their leisure, are long gone. How that transaction was approved by the NOMAD is beyond me as their justification at the time that the mansion's back garden could be used to build a dock to ship aggregates was ludicrous

[squire007] 01/5/2012 12:51

little tck up ;-)

[dosser2] 01/5/2012 11:45

Whoose buying?