Pan African Resource (JSE: PAN) share price, discussion & sentiment

Gold miners always look cheap before they print money

Spent last night on the financials, balance sheet holding up ok

R30 minimum this quarter, book it

Worth a deeper dig on this one

Gold holding up okay but PAN's cash position was getting thin last time I looked at the numbers. If the rand stays weak that's good for them, but they need to actually pull more ounces out of the ground to make it stick. Been holding since R18, just watching to see if they can get costs down.

Do you think PAN can actually turn this around without a major capex injection. Gold price is decent but the operational costs in SA are brutal, rand weakness helps on the export side but if they're not hitting production targets how much does it matter. Not sure about this one at R22.63.

reading the latest MD&A and cash position is tighter than i thought, sitting around R180m heading into the second half. gold price holding up but all-in costs creeping north means margins compressing unless they push production numbers harder at Everton. anglogold and harmony are running leaner on their op ex so PAN's got real work to do here to justify the valuation at R22.63.

honestly pan's been tough to watch at r22.63, gold's supposed to be our hedge but the rand strength is killing it for local miners right now. compare that to some of the mid tier producers overseas and we're just not getting the same upside even when spot gold moves. the long term play is still there if you believe in south african gold coming back but ngl might be a waiting game

PAN getting smacked 4.26% today, but at these levels the dividend yield is starting to look decent for a gold producer with decent cash generation. The pullback feels overdone unless there's news I've missed, but gold volatility will keep this choppy.

PAN SITTING AT R25.01 AND PEOPLE ARE SLEEPING!! GOLD PRICES CLIMBING AND THESE GUYS PUMP OUT STEADY PRODUCTION, LOOK WHAT HAPPENED TO HARMONY AND SIBANYE WHEN SPOT MOVED LIKE THIS!! BEST IS YET TO COME!!

after reading the latest md&a, cash position is tighter than i expected. gold price helping but they're burning through capex faster than the rand strength can offset. at r25.01 we're not getting paid for execution risk here, especially with load-shedding costs eating into margins. might wait for a proper dip or better production guidance before adding.

Pan sitting at R25.01 and gold's been kind to us but PAN keeps finding new ways to disappoint on the ops side. Costs creeping up, grades slipping, shareholders getting squeezed between commodity tailwinds and execution headwinds. Unless they sort the Evander mine properly this looks like a slow bleed not a turnaround story.

pulled the latest sens filing, balance sheet holding up better than expected ngl

PAN down 1.56% today but the dividend yield is still sitting pretty for a gold producer in this macro environment. At current valuations there's decent upside if bullion holds above 2400 USD per ounce.

PAN up 1.28% today, which is decent given the rand strength we're seeing. Gold miners typically struggle when the local currency firms up, so if it's holding gains despite that headwind then there's probably some positive news flow propping it.

PAN up 1.75% today while AngloGold Ashanti trades sideways, suggesting some selective buying in the mid-tier gold space. At current levels the dividend yield looks respectable versus peers, though you're still exposed to rand weakness and commodity volatility that could reverse t

PAN pushing past R3162 with that 2.43% pop shows gold bugs are finding value in the gold space again, though I'd want to see the latest cash costs and reserve replacement metrics before getting too excited about the upside. The yield story only works if they can maintain producti

PAN trading at R3107 with minimal momentum suggests the market is pricing in execution risk on their brownfield projects rather than rewarding reserve replacement. The balance sheet can handle current capex, but until we see tangible production growth and margin expansion at Evan

PAN dropping 6.65% to R3087 on what looks like profit-taking, but I'm seeing this as a loading opportunity given the tailwinds in African gold demand and the company's footprint across the continent where we're seeing real pickup in jewellery consumption among the expanding middl

PAN up 1.14% to R3365 today, which is decent movement but the real question is how it stacks against AngloGold Ashanti's relative stability and dividend consistency. Gold miners are cyclical beasts, and while PAN's operational leverage appeals to conviction holders, I'd need to s