Pan African Resources Share Discussion Threads

[baldrick1] 22/11/2024 12:25

They have all bought back...only idiots will open new shorts when pog of gold is rising ;)

[salisbury3] 22/11/2024 11:56

According to the LSE site, "there are currently no open short positions" on PAF. Given the POG trend, I can't see why anyone would want to short this share.

[baldrick1] 22/11/2024 10:55

Brokers target of 45p .downside is it's still an AIM listed company and with just under 2 billion shares in issues it makes it a target for short-term traders and hedge funds shorters .Let's hope it gets 2800 pog by end of this year.

[umik1] 22/11/2024 10:44

https://www.linkedin.com/posts/jim-faulds-2397257_panafricanresources-goldmining-miningforafuture-activity-7264948225910980609-xT58?

[baldrick1] 22/11/2024 10:43

Switched to hoc gla.

[baldrick1] 22/11/2024 09:43

Rise continues

[baldrick1] 22/11/2024 09:18

A long way down back to 37p.

[baldrick1] 22/11/2024 09:08

Rise will continue after profit taking today.

[baldrick1] 22/11/2024 08:46

Massive short squeeze today.;)))

[coincall] 21/11/2024 20:30

The South African dividends tax rate is 20% per ordinary share for shareholders who are liable to pay the dividends tax, resulting in a net dividend of 17.60000 ZA cents per share, 0.76755 pence per share and US 0.97238 cents per share for these shareholders. Foreign investors may qualify for a lower dividend tax rate, subject to completing a dividend tax declaration and submitting it to Computershare Investor Services Proprietary Limited or Link Group who manage the SA and UK register, respectively. The Company's South African income tax reference number is 9154588173. The dividend will be distributed from South African income reserves/ retained earnings, without drawing on any other capital reserves.

[salisbury3] 21/11/2024 12:20

Ah! If the SA tax is deducted before it hits UK accounts, I don't see away around it.

[sekeh] 20/11/2024 16:53

The 20% SA tax is withheld from the source before it arrives to UK accounts.

[salisbury3] 20/11/2024 16:08

Move the shares into an ISA (unless you have already used your £20k limit for this tax year) and there is no tax on dividends.

[sekeh] 20/11/2024 15:48

Any ideas about how to get around 20% SA withholding tax on dividends?

[baldrick1] 15/11/2024 13:37

Bulls...;))

[baldrick1] 15/11/2024 10:41

Should be another blue day with US dollars weakening and US 10-year bond yields also down.

[sekeh] 13/11/2024 15:45

You may not have to wait too long.

First production from 100k/year Nobel gold project expected in Q225 with aisc of $1242/oz. Plus copper and other upside opportunities.

It's a good cashless deal PAF has used paper as a currency when shares are at their highs.

More upside expected, Buy.

[sekeh] 13/11/2024 10:08

Berenberg raises tp from 34 to 45p in a report yesterday.

On the basis of that Australia transaction.

[astjgroom] 08/11/2024 10:11

Make sure you own it, crankylad