Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders скачать в хорошем качестве

Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders

Cobus Loots, CEO of Pan African Resources (LON:PAF; JSE:PAF) the dual listed African-centric, mid-tier gold producer, discusses how he intends to ramp production 20-30% this financial year whilst maintaining sector-leading shareholder returns. Cobus also discusses plans to expand the portfolio, funded from cashflow from the current flagship tailings retreatment plant Elikhulu at the long-established Evander Mines, which despite being mined since the 1950’s, still remains one of the World's largest unexploited gold ore discoveries. “The great thing for us is that we have a strong balance sheet and that's obviously despite the fact that we are commissioning and building these really large projects and we are paying a sector-leading dividend to our shareholders and have done so for many years. "Given the current gold price, I think it's fair to say that we're generating more cash than what we had expected or anticipated." commented Cobus Loots, CEO. In this interview with focusIR, investors will also learn: Why South Africa is (currently) providing the best value accretion for shareholders How the Company will achieve 20-30% growth this financial year How the Company can extend the life of mine (Evander) beyond 2038 How positive cashflow will fund the growth projects How the Company intends to maintain its sector-leading dividend yield Why the Company would consider a share buyback to complement its progressive dividend policy How Pan African keeps the community at the heart of the corporate strategy What Cobus thinks about the current gold price Cobus Loots, CEO of Pan African Resources, was interviewed by  Sarah Lowther for focusIR. #paf #mining #gold #southafrica #investing