Pan African Resources Share Discussion Threads

[risa5] 22/8/2018 14:09

Fangorm You claim "It's a great company".
Can you provide any reason/s why ?

[fangorn2] 22/8/2018 13:50

.Exactly - good point risa5. I don't see you posting this stuff on other SA listed companies.

@justiceforthemany

That's because I don't follow any!!!Nor do I follow the boards!!
As I said in the above where you listed 5

So that means I dont follow Old Mutual for example either!

You guys are being ridiculous.

[fangorn2] 22/8/2018 13:48

Fangorm 10393 "Good luck all but this is uninvestable"
If you have no agenda why call this "uninvestable" ?

Because I am waiting to see if it does become investable obviously!!
It's a great company.

Unfortunately the Politics and abrogation of "property rights" makes it for widows and orphans only.

Not rocket science lads

[justiceforthemany] 22/8/2018 13:30

Exactly - good point risa5. I don't see you posting this stuff on other SA listed companies.

[risa5] 22/8/2018 12:28

Fangorm 10393 "Good luck all but this is uninvestable"


If you have no agenda why call this "uninvestable" ?

[fangorn2] 22/8/2018 10:42

"There is no need to keep posting the same things over and over again. It tells me you are shorting PAF and have an agenda against the company"

I don't short.

I have never shorted either.

Nor will I.

If you're invested in South Africa you'd be interested in politics, and many who know doubt do have investments don't keep up to date news side given they;re probably doing a 9-5 job!

Hence I am linking for their benefit in case they're interested!

[justiceforthemany] 21/8/2018 20:04

Your comments would be better suited to a political website or better still why don't you write directly to Ramaphosa and the ANC given you feel so strongly about this?

Have you written anything on the Glencore board? Mondi? Anglo American? Sylvania Platinum?
Standard Chartered?

Why are you so interested in PAF?

[justiceforthemany] 21/8/2018 19:59

Fangorn we are well aware of the political risks here and that is why this share is trading at just 3x earnings and at half the book price.

There is no need to keep posting the same things over and over again. It tells me you are shorting PAF and have an agenda against the company.

[mikkydhu] 21/8/2018 09:02

What Cobus Loots has achieved with Elikulu is extraordinary...and it will be such a profitable project.

It is just such a shame about the country risk. But I doubt if the mines would be the first target of those who would seize assets.

[stonefold] 20/8/2018 19:43

On a brighter note.

20-08-2018
Elikhulu gold pour, Cobus speaks from 1:45 onwards.

[fangorn2] 20/8/2018 18:05

South Africa Heading Toward Communist Disaster, Says Winemaker
Economy already crumbling as government begins land seizures



"who are barely propping up a populace heavily dependent on tax dollars being contributed by a precious few."

[fangorn2] 20/8/2018 18:03

South Africa Heading Toward Communist Disaster, Says Winemaker
Economy already crumbling as government begins land seizures

[fangorn2] 20/8/2018 15:31

So long property rights

"“What makes the Akkerland case unique is that they apparently were not given the opportunity to first dispute the claim in court, as the law requires.”"

Civil war and bloodshed coming to Sarf Africa now.





Local newspaper City Press reports two game farms in the northern province of Limpopo are the first to be targeted for unilateral seizure after negotiations with the owners to purchase the properties stalled.

[justiceforthemany] 17/8/2018 18:06

NUMIS target is even higher. They want 16p
17-Aug-18 numis Buy 16.00 16.00 Reiteration

[justiceforthemany] 17/8/2018 12:51

Double your money by Xmas. Elikhulu = cash cow. £2M profit per month. Land reform needed and not new news. Election talk. Ramaphosa knows PAF and sat on the board. Mining companies essential to SA economy. 14p by Xmas.

[fangorn2] 16/8/2018 21:21

South Africa farm SEIZURE HORROR:

List of white farmers facing expropriation 'exposed'

SOUTH Africa's government has been accused of drawing up a list of almost 200 farms it allegedly wants to seize from white farmers.



Sarf Africa exposed debt side - $$ denominated

Detailed talk about appropriation of assets - farms

Sure it's only "farms" not mines but it is a abrogation of "Property rights"

Good luck all but this is uninvestable.

[justiceforthemany] 16/8/2018 17:01

Not bothered about dividends this year.
If you have done your research you will see this is trading at least half of what it should be. I expect to see a return to 14p by Xmas.

[macthepak] 16/8/2018 12:57

I only expect this share to move if they announce a dividend this year. Otherwise it will stay in the doldrums.

My forecast is between 0.002p and 0.003p per share dividend.

[stonefold] 16/8/2018 12:39

25 minute video of Mining Minister's speech at Elikhulu opening today.

[justiceforthemany] 16/8/2018 11:27

hxxps://www.businesslive.co.za/bd/companies/mining/2018-08-16-pan-africans-inaugural-gold-from-elikhulu-marks-another-step-on-the-path-to-cheaper-production/

[justiceforthemany] 16/8/2018 11:26

Pan African’s inaugural gold from Elikhulu marks another step on the path to cheaper production

Pan African Resources marked a shift in its source of gold from underground mining to cheaper and safer tailings retreatment operations, marking the first gold pour at its R1.74bn Elikhulu project at Evander, Mpumalanga, on Thursday.

Pan African has said it is closing its unprofitable underground mine at Evander, with the loss of 1,700 jobs.

It is replacing underground gold with cheaper gold from the large tailings retreatment project, which will deliver 55,000oz of gold a year at an all-in sustaining cost of up to $700/oz, which at the prevailing exchange rate, gives the company gold at a cost of less than R326,000/kg.

The rand gold price is trading at close to R550,000/kg.

"The completion of Elikhulu’s construction and the inaugural gold pour, ahead of schedule and in line with the project budget, is a further significant milestone as we deliver into our strategy of repositioning the group as a low-cost, long-life gold producer," said CEO Cobus Loots.

[justiceforthemany] 10/8/2018 12:40

Finally share price is moving up. Surging in SA.