Pan African Resources - Entering harvest mode
Headline earnings for Pan African Resources (PAF) in FY19 were within US$0.14m of our prior expectations, after a 54% increase in gold produced...
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Pan African Resources - Finishing unfinished business
On 2 May Pan African (PAF) announced that, after both internal and external reviews had concluded there was “no realistic prospect of mining...
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Pan African Resources - A second glance at the first half
Pan African’s (PAF’s) shares have fallen by 41% since its operational update on 1 February, which revealed a 6.9% decline in gold production vs...
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FY17 results in line
Notwithstanding a reclassification of both Uitkomst and Phoenix as ‘discontinued operations’ in FY17, PAF’s net profits of £17.9m were within 3% of...
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Disposals hone investment case
Pan African (PAF) has made a number of announcements since Edison’s last note in May, including an operational update, the conclusion of the...
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