Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Category: Mid-tier Producer
Rating & Risk: Login to view
Pan African Resources Plc
www: www.panafricanresources.com     email: ecoetzee@paf.co.za

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
LON:PAF GBX

Description

Pan African Resources Plc are a gold focused mid-tier producer with two producing mines in South Africa and one mine in development in South Africa. Currently they produce roughly 170koz. of gold per year. They have approximately 30Moz. of gold in the reserves and resources category of which 20Moz. are in the measured and indicated category. They have a market capitalisation of ~£262.59M which is a rise of roughly 5% over the last seven months. As of 10/16/2018 they have ~£114M debt and ~£1.27M cash. They have 2,234M shares outstanding and trade on the London Stock Exchange.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 10/16/2018
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Mkt. Cap (FD): $251.11M $262.59M 10/16/2018 $11.47M
Total Assets: $360.85M $336.14M 10/16/2018 $-24.71M
Total Liabilities: $204.26M $190.27M 10/16/2018 $-13.99M
Current Assets: $27.23M $25.37M 10/16/2018 $-1.87M
Current Liabilities: $44.94M $41.86M 10/16/2018 $-3.08M
Total Debt: $122.55M $114.16M 10/16/2018 $-8.39M
Cash: $1.36M $1.27M 10/16/2018 $-0.09M
Enterprise Value: $372.31M $375.48M 11/24/1981 $3.17M
Cash Flow: $-2.90M $4.11M never $7.01M
Cash Flow Multiple: 0.00 63.96 never 63.96
Net Debt to
Cash Flow Ratio:		 n/a 27.50 never 27.50
Finance within 1 year: 10/16/2018 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 10/16/2018 0.00%
Misc 10/16/2018
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 2,234,000,000 2,234,000,000 10/16/2018 0
Shares (FD): 2,238,000,000 2,238,000,000 10/16/2018 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a n/a 10/16/2018 n/a
Production (Gold Eq Oz.): (guess) 
170,000		 (guess) 
170,000		 10/16/2018 0
Production (Silver Eq Oz.): (guess) 
14,231,694		 (guess) 
15,028,562		 10/16/2018 796,868
Initial CapEx (Outstanding): n/a n/a 10/16/2018 n/a
Funding Option: n/a n/a 10/16/2018 n/a
Documentation: none PRODUCER 10/16/2018 n/a
Value Adjustment: -50% -50% never 0%

Resource Data

GOLD 10/16/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 10.00M 10.00M 10/16/2018 0.00M
Measured & Indicated: 20.00M 20.00M 10/16/2018 0.00M
Inferred: 10.00M 10.00M 10/16/2018 0.00M
Reserves & Resources: 30.00M 30.00M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 9.00M 9.00M 10/16/2018 0.00M
Measured & Indicated: 16.20M 16.20M 10/16/2018 0.00M
Inferred: 4.50M 4.50M 10/16/2018 0.00M
Reserves & Resources: 20.70M 20.70M never 0.00M
C
U
R
R
E
N
T		 Annual Production: (guess) 
170,000oz.		 (guess) 
170,000oz.		 10/16/2018 0oz.
Cash Cost: $950 $950 10/16/2018 $0.00
Extra Operating Cost: $300 $300 10/16/2018 $0.00
Average Grade: 3.50 g/t 3.50 g/t 10/16/2018 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 10/16/2018 0.00%
F
U
T
U
R
E		 Proven & Probable: 20.00M 20.00M 10/16/2018 0.00M
Annual Production: 250,000oz. 250,000oz. 10/16/2018 0oz.
Cash Cost: $900 $900 10/16/2018 $0
Extra Operating Cost: $350 $350 10/16/2018 $0
SILVER 10/16/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 10/16/2018 0.00M
Measured & Indicated: n/a n/a 10/16/2018 0.00M
Inferred: n/a n/a 10/16/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 10/16/2018 0.00M
Measured & Indicated: n/a n/a 10/16/2018 0.00M
Inferred: n/a n/a 10/16/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 10/16/2018 $0.00
Extra Operating Cost: n/a n/a 10/16/2018 $0.00
Average Grade: n/a n/a 10/16/2018 n/a
Recovery Rate: n/a n/a 10/16/2018 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 10/16/2018 0.00M
Annual Production: n/a n/a 10/16/2018 n/a
Cash Cost: n/a n/a 10/16/2018 n/a
Extra Operating Cost: n/a n/a 10/16/2018 n/a

Property

Last Analysis Data  (10/16/2018)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Production South Africa Barberton 100% (guess) 7,000 Underground show
3 million oz deposit.

115,000 oz per year.
Production South Africa Evander 100% (guess) n/a Underground show
28 million oz deposit.

100,00 oz per year.
Development South Africa, South Africa Elikhulu 100% (guess) n/a Open Pit show
Annual Production of 50,000 oz beginning in 2018.
Total Land Package Size (ha): 7,000  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Production South Africa Barberton 100% (guess) 7,000 Underground show
3 million oz deposit.

115,000 oz per year.
Production South Africa Evander 100% (guess) n/a Underground show
28 million oz deposit.

100,00 oz per year.
Development South Africa, South Africa Elikhulu 100% (guess) n/a Open Pit show
Annual Production of 50,000 oz beginning in 2018.
Total Land Package Size (ha): 7,000  

Profitability (by resource)

Proven &
Probable		 10/16/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 10.00M 10.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 46.87M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 9.00M 9.00M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 42.19M
Maximum Profit (Gold): $-230.58M $108.68M n/a $339.26M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $-230.58M $108.68M n/a $339.26M
Max Profit / Current MCap: n/a 0.414 n/a 1.332
Max Profit Per Share (Gold): $-0.10 $0.05 n/a $0.15
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $-0.10 $0.05 n/a $0.15
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $27.90 $29.18 n/a $1.27
FD Mkt. Cap / Silver Eq.: $0.33 $0.33 n/a $0.00
FD Mkt. Cap / Per Metal
as % Spot Price:		 2.28% 2.27% n/a -0.01%
Measured &
Indicated		 10/16/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 20.00M 20.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 93.75M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 16.20M 16.20M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 75.94M
Maximum Profit (Gold): $-415.04M $195.62M n/a $610.66M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $-415.04M $195.62M n/a $610.66M
Max Profit / Current MCap: n/a 0.745 n/a 2.398
Max Profit Per Share (Gold): $-0.19 $0.09 n/a $0.27
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $-0.19 $0.09 n/a $0.27
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $15.50 $16.21 n/a $0.71
FD Mkt. Cap / Silver Eq.: $0.19 $0.18 n/a $0.00
FD Mkt. Cap / Per Metal
as % Spot Price:		 1.26% 1.26% n/a 0.00%

Reserves &
Resources		 10/16/2018
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 30.00M 30.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 140.62M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 20.70M 20.70M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 97.03M
Maximum Profit (Gold): $-530.33M $249.95M n/a $780.29M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $-530.33M $249.95M n/a $780.29M
Max Profit / Current MCap: n/a 0.952 n/a 3.064
Max Profit Per Share (Gold): $-0.24 $0.11 n/a $0.35
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $-0.24 $0.11 n/a $0.35
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $12.13 $12.69 n/a $0.55
FD Mkt. Cap / Silver Eq.: $0.14 $0.14 n/a $0.00
FD Mkt. Cap / Per Metal
as % Spot Price:		 0.99% 0.99% n/a 0.00%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.