Pan African Resources' () Cobus Loots and Deon Louw tell Proactive that the firm has "effectively repositioned" the business as low-cost, low-risk, and long life following a challenging year.
Loots says over 50% of the firm's business will now be from surface tailings and re-mining of old mine dumps.
Louw adds that the company is hoping the firm's share price will recover as the benefits from the repositioning come through to the bottom line.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Pan African Resources plc named herein, including the promotion by the Company of Pan African Resources plc in any Content on the Site, the...
FOR OUR FULL DISCLAIMER CLICK HERE