Pan African Resources Share Discussion Threads

[johnbull1] 20/1/2024 00:11

I think analysts think a bit less, maybe 1.5-2p (I dont have access to much but thats what ive gleened). The stock is so cheap, I really scratch my head. Theres not much communication. The Investor Relations page has a bunch of out of date stuff which looks unprofessional. The worry here is that its just another small cap gold that makes some mulah and management wastes it rather than tripling the dividend.

[justiceforthemany] 19/1/2024 21:06

Update due. Any day now.
Solar plant should be helping keep costs down also.
EPS for half year should be 2p+

[justiceforthemany] 16/1/2024 17:40

The daily manipulation in this stock is ridiculous. To the downside.

[stonedyou] 16/1/2024 12:24

Solid as Gold: Russia's Reserves Hit Record $155.9 Billion – Highest Since 2000.

Russia's gold reserves have reached an unprecedented level, swelling to an impressive $155.9 billion by the end of 2023, according to the Russian Central Bank.

In December alone, Russia saw a remarkable increase in its gold holdings, surging by 35 tons and reaching a total of 2,350 tons.

That surge has pushed its share of global gold reserves to an impressive 26 percent, the highest level since March 2000.

Analysts at Finam, a Moscow-based financial services company, announced their predictions for the trajectory of gold prices in 2024. In their baseline scenario, the price per ounce of gold is expected to fluctuate between $2,070 and $2,150 by the end of the year.

Earlier, Russian President Vladimir Putin expressed his satisfaction with the country's economic performance, pointing out that last year's growth exceeded expectations. Preliminary estimates suggest that gross domestic product (GDP) may exceed the forecast of 3.5 percent.

Attributing the robust economic growth to the industrial sector, Ekaterina Bezsmertnaya, Dean of the Faculty of Economics and Business at the Financial University under the Government of the Russian Federation, stressed that employment in the real sector is experiencing its fastest growth since the early 2000s.

After Moscow launched its special military operation to protect the people of Donbass from Ukrainian aggression, the US-led Western countries unleashed a barrage of sanctions against the Russian economy.

But those punitive measures have proven ineffective. Instead, Russia has significantly expanded its trade and diplomatic relations with countries of the Global South, thwarting the West's economic attacks.

Russian President Vladimir Putin has often commented that Russia has strengthened and enhanced its economic autonomy despite Western sanctions. Putin stressed that Russia is now the top economy in Europe and the fifth largest in the world in terms of purchasing power parity.

[stonedyou] 12/1/2024 14:05

GOLD / USD
$ 2058.28$ 2058.46 22.971 UP 13%

GOLD / GBP
£ 1613.25£ 1613.42 20.601 UP 29%

GOLD / EUR
€ 1878.05€ 1878.24 24.901 UP 34%

[justiceforthemany] 09/1/2024 16:36

H1 update to 31/12 due any day now.

[swinsco] 05/1/2024 15:24

This has got to make a move soon. Ridiculous valuations of these gold companies.

[johnbull1] 05/1/2024 12:02

Record gold price in Rand. Production at high end of guide. Stock at 16? Market so fickle!

[justiceforthemany] 26/12/2023 10:04

$2065 Gold price rising

[justiceforthemany] 21/12/2023 22:10

Currently 8.25%

[justiceforthemany] 20/12/2023 16:54

Rate cuts are coming; SA election year means sooner rather than later.

[af004] 20/12/2023 08:02

at a 6-7% premium . Hardly spectacular.

[justiceforthemany] 20/12/2023 07:17

Takeover. SHANTA GOLD.

[af004] 19/12/2023 13:51

Good luck with the FCA... gold moving?

[stonedyou] 18/12/2023 13:32

NORTH KOREA LAUNCHED INTERCONTINENTAL BALLISTIC MISSILE CAPABLE TO REACH ANY TARGET IN US.

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On December 18, the Democratic People’s Republic of Korea launched two missiles in five hours. The first short-ranged missile was launched from the area of Pyongyang. It flew 570 km before falling into the Sea of Japan.

In several hours, the second intercontinental ballistic missile was launched to the waters of the Sea of Japan from the Sunan area in Pyongyang. According to the Japanese military, the intercontinental ballistic missile was in flight for 73 minutes and during this time covered a distance of 1, 000 km at a maximum flight altitude of 6, 000 km. The missile fell 250 km west of Hokkaido Island.

When launched on a normal trajectory, the rocket can fly more than 15,000 km, thus “covering” the entire territory of the United States, the Japanese military added.

The North Korea launched missiles in response to the approach of the US Navy submarine Missouri to the South Korean Naval Base Busan.

The DPRK Defense Ministry commented:

Warmongers from the United States and South Korea held the second meeting of the “Nuclear Advisory Group” in Washington on December 15. They revealed to the public that they will complete work on the “guidelines for the nuclear strategic plan, its implementation” and the creation of an “expanded deterrence system”; in August 2024, the parties will conduct a simulated nuclear operation during the large-scale Ulchi Freedom Shield exercise directed against the DPRK.

US and South Korean bandits maximized tensions on the Korean peninsula by their provocations against the DPRK at the end of the year. The US sent the Missouri submarine to the Korean Peninsula. The current situation forces the armed forces of the DPRK to make a choice in favor of offensive counteraction.

At the end of November, South Korea partially suspended the agreement on reducing military tensions with North Korea dated September 19, 2018. The reason for this was Pyongyang’s successful launch of the Mulligan-1 reconnaissance satellite.


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[justiceforthemany] 18/12/2023 13:17

PAF actively investigating why LSE price consistently tracks lower than JSE.
FCA also contacted.
Monitoring finally ramped up.
Manipulators beware.

[justiceforthemany] 16/12/2023 20:30

Do you live in SA?
Are you aware of any bad news to justify selling out of a stock trading at just 3x earnings and making $140M profit pre-tax?
PAF is making bucket loads of cash with margins of almost $700 per oz!
Eskom situation is also much improved.