Share Name Share Symbol Market Type Share ISIN Share Description
Pan African Resources LSE:PAF London Ordinary Share GB0004300496 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.07p +0.97% 7.30p 7.50p 7.83p 7.73p 7.30p 7.73p 85,337 13:40:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 169.6 23.0 114.0 0.1 163.13

Pan African Share Discussion Threads

Showing 10476 to 10499 of 10500 messages
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DateSubjectAuthorDiscuss
07/6/2018
14:39
Exchange rate trending in the right direction for PAF. 1 USD =12.9240ZAR
stonefold
31/5/2018
20:34
so, cash flow positive in September/October???
frazboy
31/5/2018
19:41
Interesting volume at the close, a number of trades adding up to over 37 million shares at 7.4p Brings the total volume for the day to 44.1 million shares, the highest one day volume for five years. Looks like firm demand for those that missed out on the placing.
stonefold
31/5/2018
07:32
So, £8.9m shares sold, £7.5m cash for the company. Does anyone know if that raise gets them to the finishing line on the projects currently being undertaken, bearing this wording in mind: "Following receipt of the proceeds from the Disposal, the Company has, in conjunction with its existing debt facilities, the necessary resources to meet its operational and immediate growth objectives and fund its ongoing capital requirements. The Disposal will not impact the Group’s black economic empowerment (“BEE”) holdings due to the conclusion of a BEE restructure as previously announced on 15 December 2017." The bit I'm not sure about, or that has raised my concern, is the "immediate growth objectives". That does not necessarily imply they're at the finishing line. From the previous RNS: "he construction of Elikhulu remains ahead of schedule, with first gold production expected in August 2018, and full commissioning at the end of September 2018. Elikhulu’s capacity will be increased by 200,000 tonnes to 1.2-million tonnes per month with effect from December 2018," The finish line is, in my view, September/October. So, perhaps one more raise (dilution) between now and then?
frazboy
24/5/2018
10:11
RNS BTRP new regrind mill started Http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PAF/13653763.html UPDATE ON OPERATIONS AND BTRP MILL COMMISSIONING "...The construction of the regrind mill at the BTRP is complete and the commissioning process has commenced and will be completed in the next week. ..." Good also to see the retrenchment agreement has now been signed with the recognised unions of Evander Mines. I see that another company will be looking to hire mine workers for the Lilly and Barbrook Mines(Barberton Mpumalanga) which they aim to re-open later this year. "....The construction of Elikhulu remains ahead of schedule ...." Moving in a profitable direction and picking up speed.
stonefold
23/5/2018
10:36
This holdings RNS is the third RSA based investment fund buying PAF recently.
stonefold
18/5/2018
19:20
I believe EBITDA can hit as high as £50M for 2018-19 now no Evander and addition of Elikhulu - providing the mineworkers do their jobs.
justiceforthemany
18/5/2018
15:20
Broker forecasts: Year 2018 2019 2020Turnover 173.8 +3.6% 179.2 +3.1% 206.6 +15.3%EBITDA 36.0 +37.8% 63.5 +76.1% 71.8 +13.1%EBIT 24.9 +77.5% 42.0 +68.8% 58.2 +38.4%Pre-tax profit 25.2 +124.8% 36.2 +43.6% 50.7 +40.1%Post-tax profit 13.0 +17.6% 22.0 +68.5% 31.5 +43.5%EPS (p) 1.3 +85.7% 1.4 +7.7% 1.6 +14.3%Dividend (p) 0.4 -10.6% 0.5 +25.0% 0.8 +60.0%CAPEX 82.2 +131.2% 36.4 -55.7% 15.2 -58.1%Free cash flow -54.9 2.1 43.7 +1981.0%Net borrowing 74.6 +1297.3% 90.3 +21.1% 82.1 -9.1%NAV 206.5 -4.7% 214.8 +4.1% - If correct, 2020 dividend return would be c. 11% of current price. Chip
chipperfrd
18/5/2018
08:22
Certainly value here, no recent divi details on ADVFN despite Edison
edjge2
17/5/2018
10:44
Pan African Resources has five major precious metals assets in South Africa: Barberton (target output 95koz Au pa), the Barberton Tailings Retreatment Project (20koz), Evander (95koz), the Evander Tailings Retreatment Project (10koz) and Elikhulu (53koz).
justiceforthemany
14/5/2018
10:45
May not be a spring up but likely gradually creep
edjge2
14/5/2018
09:00
Bought a few. This looks coiled and ready to spring.
rackempackemandstackem
11/5/2018
08:21
could this be the beginning of a breakout?
edjge2
10/5/2018
13:24
Got a bit to go for me but little by little.
edjge2
08/5/2018
17:24
Part of the reason for the fall was the strength of the rand v the US dollar. Over the last few weeks the rand has fallen against the dollar. Hopefully the rand will continue to weaken and this will be reflected in a rising PAF share price.
macthepak
08/5/2018
08:25
Price rising a little at last. If gold rises I suppose levander et al in different light. Hope share price rises to get air soon.
edjge2
04/5/2018
23:07
"They are stupid as this behaviour will destroy their economy and drive away foreign investment. Mantashe and Ramaphosa are idiots it seems." Bingo. Having lived in Sarf Africa that is spot onski. But there ya go.
fangorn2
04/5/2018
19:10
They are stupid as this behaviour will destroy their economy and drive away foreign investment. Mantashe and Ramaphosa are idiots it seems.
justiceforthemany
03/5/2018
21:09
Simon Lincoln Reader now very pessimistic on where Sarf Africa is headed. James Delingpole podcast Worth a listen as it gives plenty of info about the politics of the new Govt. hTTp://www.podbean.com/media/share/dir-w2npk-3e611ee
fangorn2
03/5/2018
13:50
Edison research value PAF at closer to 20p. I would say 25-30p is fair.
justiceforthemany
02/5/2018
23:16
I have been saying for months there is no point producing gold at a loss. Evander was the only loss making mine and was reducing profits so makes sense to suspend. Redundancy money paid to the workers there and the gold will not go anywhere until gold price rises again.
justiceforthemany
02/5/2018
16:23
Retrenchment = Reduction of costs (staff redundancies) in response to the strong Rand/ US dollar exchange rate which made the Evander Mine uneconomical. This has been expected for many months. This action will help to make the remaining jobs more secure.
stonefold
02/5/2018
15:54
RE operation update what does employies retrenchment please
dogray123
01/5/2018
14:57
London price does not seem to follow Joburg, odd.
edjge2
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