[Request] Pan African Resources - [LSE - PAF]

LSE: PAF

Multi project gold miner looking to re-establish itself as one of the best dividend payers in the industry.

Has a director called Cobus Loots. What more could you want?

ISIN: GB0004300496

Copied from below:

Highlights:

  • 10% yield, covered 2x.
  • Somewhat de-risked, multi project operation.
  • Trades under half the P/E of the sector.
  • Aggressively paying down debt.
  • Decent mine lifespan
7 Likes

Very attractive miner, who I would be interested in. Got my vote. :+1:t2:

Got my vote too, hopefully this gets added soon

Be good to see this one added!

I’ve scribbled some notes on Pan African Resources here if anyone wants to read up on them:

Highlights:

  • 10% yield, covered 2x.
  • Somewhat de-risked, multi project operation.
  • Trades under half the P/E of the sector.
  • Aggressively paying down debt.
  • Decent mine lifespan
1 Like

A lot of upside to this one - would love to see it added!

+1 vote from myself as well

https://www.proactiveinvestors.co.uk/companies/news/919455/pan-african-expects-to-make--big-dent-in-its-debt--after-remaining-cashflow-positive-in-lockdown-919455.html

I also liked the post.
Hopefully they will add it soon.
Lets see what 200 stocks get added this week, however I think they are going in chronological order and as such this will be very low down the “adding” order.

Hopefully it will be on T212 at some point before it rises :slight_smile:

2 Likes

Might have to pay more attention to this now and give your piece a read:
https://www.sharesmagazine.co.uk/news/market/6966631/Broker-Forecast-Peel-Hunt-issues-a-broker-note-on-Pan-African-Resources-PLC

If you paid attention last time you’d be up 20% already :wink:

I was considering doubling my investment when we last mentioned this stock on another thread a few days ago and I revisited the previous information… I guess I should have :man_facepalming:

I was basically waiting on another stock to break even (which I think is a matter of days) to cash it and change.