Pan African Resources Share Discussion Threads

[srpactive] 08/12/2016 14:36

This fall has been manufactured knowing the dividend
would be taken out of the price today, showing the
chart as it is.

I am still long here and buying, dividend due before
Christmas.

dyor

regards

active

[srpactive] 08/12/2016 09:27

They have marked it down from 24p already falsely, imo.

I am glad to the back of the xd date, paf should be well over 20p.

EDIT:
There is the dividend move, get ready for the bounce tomorrow.

dyor

regards

active

[basem1] 08/12/2016 08:48

Be nice to hold 17.5/17.75 on the bid then ? I thought they may have marked it down further ?

[basem1] 08/12/2016 08:36

Ex Dividend today ?

[bigdazzler] 07/12/2016 14:26

I bought into PAF yesterday I see some decent value in here.

[srpactive] 06/12/2016 21:28

Nice big 500000 buy at just under 19p today.

Keep the price down for the friends.

dyor

[gold panda] 06/12/2016 13:02

well peel hunt increased their price target to 27

hxxp://www.mmahotstuff.com/2016/12/06/rating-sentiment-coverage-its-been-a-crucial-week-for-pan-african-resources-plc-lonpaf-heres-what-analysts-have-to-say.html

05/12/2016 Broker: Peel Hunt Rating: Buy Old Target: GBX 27.00 New Target: GBX 27.00 Maintain
18/11/2016 Broker: Numis Securities Rating: Buy Maintain
11/10/2016 Broker: Numis Securities Rating: Buy Old Target: GBX 35.00 New Target: GBX 35.00 Maintain
23/09/2016 Broker: HSBC Rating: Buy Old Target: GBX 28.00 New Target: GBX 24.00 Maintain
22/09/2016 Broker: Numis Securities Rating: Buy New Target: GBX 35.00 Maintain
21/09/2016 Broker: Peel Hunt Rating: Buy Old Target: GBX 26.00 New Target: GBX 26.00 Maintain
03/08/2016 Broker: Numis Securities Rating: Buy Old Target: GBX 34.00 New Target: GBX 34.00 Maintain
03/08/2016 Broker: Peel Hunt Rating: Buy Old Target: GBX 17.00 New Target: GBX 26.00 Maintain
19/07/2016 Broker: Numis Securities Rating: Buy Old Target: GBX 30.00 New Target: GBX 34.00 Maintain
15/06/2016 Broker: FinnCap Rating: Hold Old Target: GBX 15.00 New Target: GBX 15.00 Maintain

[plasybryn] 06/12/2016 12:56

Ex dividend on 8th December with a dividend of 0.82338p payable on 22nd Dec

[dt1010] 05/12/2016 17:59

Ready to rally Srp. When sentiment changes this will hit 24 in no time.

Just need 'them' to stop dumping paper gold.

[srpactive] 05/12/2016 17:54

Gold looking strongly be positive dt.

[srpactive] 05/12/2016 16:18

Maybe tomorrow.

[srpactive] 05/12/2016 15:46

Big volume, hopefully a big rise soon.

dyor

regards

active

[mikkydhu] 05/12/2016 15:41

A reminder of some of the salient dividend dates:

Last date to trade on the exchanges: 6 Dec.
Ex div date on JSE: 7 Dec.
Ex div date on LSE: 8 Dec.
Payment date: 22 Dec.

[srpactive] 05/12/2016 11:49

Could be a very large volume day if the buying continues.

dyor

regards

active

[gold panda] 05/12/2016 11:00

presentation of project uploaded on website

[gold panda] 05/12/2016 10:59

payback of 4 years at 1,180 gold sounds awesome. also, no new shares, just debt

[srpactive] 05/12/2016 10:46

Very good rns, production increase of 25%, good heavens
no wonder they called it game changer.

I continue to buy.

dyor

regards

active

[gold panda] 05/12/2016 09:54

- The planned commencement date of the Project is January 2017, with first gold forecast for the final
quarter of the 2018 calendar year and full commissioning in December 2018.
- Annual recoverable gold production of approximately 56,000 ounces for its initial eight years of operations
and 45,000 ounces of gold for the remaining five years thereafter.
- Current arisings and inferred gold resource could extend Project life beyond the DFS estimated life of 13
years.
- Optimal plant capacity for the Project allows 12-million tonnes per annum throughput.
- The Project is expected to add approximately 25% to the Group’s current production profile and reduce
the Group’s all-in sustaining cost (“AISC”) profile.
- Initial capital cost is forecast at approximately R1.74 billion (US$119.9 million).
- The Project internal rate of return (“IRR”) (real, post-tax) of 23.1% (30.6% nominal) with a payback period
of less than four years, based on assumed gold price of US$1180/oz (R17,110/oz).
- Return on equity (real, post-tax) of 34.3% (42.5% nominal)
- Project net present value (“NPV”) of R1.1bn (US$75.9 million).
- AISC of US$523/oz over the life of the Project.
- Cash outflow per ounce over the life of the operation is sub $650/oz, inclusive of debt servicing, and
amounts to approximately $805/oz, inclusive of debt servicing, over the five year debt redemption term.
- Average gold recovery rate over the life of the Project of 47.77%.
- Environmental Impact Assessment (“EIA”) and Water Usage Licence (“WULA”) processes are underway,
with both approvals expected by late 2017.

DFS economic assumptions:
- Gold price assumption: US$1,180/oz.
- Rand/US Dollar exchange rate: ZAR/US$:14.50.
- NPV discount rate: 9% real.
- Debt to equity ratio: 115%, debt to total capital ratio of 53%.
- Long term South African inflation rate of 6.1%.

[gold panda] 05/12/2016 09:53

it's out!

Pan African Resources Plc - Results Of Definitive Feasibility Study For The Elikhulu Tailings Project And Group Production Update

hxxp://www.sharenet.co.za/v3/sens_display.php?tdate=20161205115000&seq=15

[johnrxx99] 05/12/2016 08:55

I do not think rates will rise. Too fragile with Italy and the Euro. However, to help the latter, you never know.