Proactive Investors - Run By Investors For Investors

Pan African Resources repositions after challenging year

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.

 
Meet Faron Pharmaceuticals Ltd, Belvoir Lettings, Silence Therapeutics PLC, ANGLE PLC and ReNeuron Group PLC at our event, London , 23 May 2019. Register here »
View full PAF profile View Profile

Pan African Resources plc Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use