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Pan African Resources repositions after challenging year

Pan African Resources

Pan African Resources' (LON:PAF) 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.

Quick facts: Pan African Resources plc

Price: 21.9 GBX

AIM:PAF
Market: AIM
Market Cap: £422.3 m
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