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LON:PAF

Pan African Resources plc

BUY Analysis generated 2026-10-04 Market data as of 2026-11-13 Market data 2 days old 108.10p Basic Materials - GoldAWAIT ENTRY
ACTIONABLEMethodology gates passed
72

Position levels

Currenttoday
108.10p
Buy <=wait / entry
101.67p
Trim >=take some off
135.00p
Thesis breakFailure to complete the Emmerson acquisition on disclosed terms, a material oper...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case40%100 / 10040.0
Base case50%62 / 10031.0
Bear case10%10 / 1001.0
Weighted conviction72 / 100 - BUY

Top risks

  • M&A activity via proposed acquisition of Emmerson Resources Limited through scheme of arrangement
  • Summarised Audited Results and Group Trading Statement for year ended 30 June 2026 showing $1.16B revenue with 114.14% growth
  • Completion of Definitive Feasibility Study on Soweto Tailings Retreatment Project
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