Interview with Cobus Loots, CEO of Pan African Resources (AIM:PAF).We don't tend to like investing in gold producers as they rarely perform for shareholders. But we like this one, a lot. The CEO is brutally and refreshingly honest. He spends lot of time pointing out the difficulties in mining and operating in mining and mining in South Africa. See the company Presentation and he spells it out there too.However, they make it work. They have a long track record of producing gold and paying dividends. Last year they suspended the dividend payments their debt borrowing for the new plant was the focus, however, they are planning to pay a dividend (subject to shareholder vote in November!). The Audit Results are out today. The numbers are extremely encouraging and show a tremendous growth across the company. Cobus Loots talks about how they have done it and what the growth targets are in the short term. We were impressed about the way they think about capital allocation. Investing in their assets, they want to repay the debt on balance sheet, paying a dividend and how to deliver growth.They still have a lot to do but think this team is rigorous in its planning and methodical is how it delivers its projects.Company page: https://www.panafricanresources.comMake smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestorAny advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux Investor communications. We provide paid for consultancy services for Pan African Resources. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.