Full Year Results 

Pan African cans dividend

Pan African cans dividend

Cobus Loots, chief executive of Pan African Resources (PAF), maintains the gold miner has “started the 2019 financial year well”, despite the suspension of the FY2018 dividend, questions over production, and net debt up from £4m to £89.8m in the space of a year. It brings to mind Marshall Foch’s message to headquarters during the Battle of the Marne: “My centre is giving way, my right is retreating, situation excellent. I am attacking”.

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