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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Trans-siberian Gold Plc | LSE:TSG | London | Ordinary Share | GB0033756866 | ORD 10P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 117.50 | 0.00 | 01:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 116.00 | 119.00 | ||||
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 117.50 | GBX |
Trans-siberian Gold (TSG) Share Charts1 Year Trans-siberian Gold Chart |
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1 Month Trans-siberian Gold Chart |
Intraday Trans-siberian Gold Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 27/2/2022 | 19:32 | TSG With Charts and News | 2,325 |
| 02/2/2021 | 15:56 | silver | 1 |
| 28/11/2010 | 23:20 | Trans-Siberian Gold - the next Avocet Mining? | 820 |
| 28/9/2005 | 07:04 | Trans-Siberian Gold PLC has over $22 mil in the bank | 1 |
| 27/9/2005 | 10:23 | Trans-Siberian Gold PLC has over $22 mil in the bank | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
|---|
Posted at 25/2/2022 05:11 by zangdook Hm. I have a little POLY. With luck the various sanctions and counter-sanctions may not interfere with payment of mining dividends, and Russian share prices will recover. But my POLY holding is under 5% of my highest TSG holding (and that was mostly recycled from HGM) so yes, we dodged a bullet. |
Posted at 18/3/2021 07:49 by stevea171 RNS Number : 6910SHorvik Limited 18 March 2021 RECOMMED PRE-CONDITIONAL MANDATORY CASH OFFER for TRANS-SIBERIAN GOLD PLC by HORVIK LIMITED Summary -- Trans-Siberian Gold plc ("TSG") and Horvik Limited ("Horvik") are pleased to announce that they have reached agreement on the terms of a recommended pre-conditional mandatory cash offer to be made by Horvik for the TSG Shares not already held or agreed to be acquired by Horvik (the "Offer"). -- Today, Horvik agreed to acquire 44,558,918 TSG Shares, representing approximately 51.2 per cent. of the issued share capital of TSG (excluding any shares held in treasury), from the following TSG Shareholders: UFG Special Situations Fund LP, UFG Equity Opportunities Limited, UFG Russia Select Master Ltd, Charles Ryan, Florian Fenner and Petrovka GmbH (the "Selling Shareholders"), at a price of GBP1.18 per TSG Share (the "Acquisition"). -- The Acquisition will take place in two stages. Firstly, Horvik will acquire 21,437,000 TSG Shares, representing 24.7 per cent. of the issued share capital of TSG (excluding any shares held in treasury) pro rata from each of the Selling Shareholders, conditional only upon Horvik making this Announcement. The acquisition of the remaining 23,121,918 TSG Shares held by the Selling Shareholders is conditional only upon Horvik receiving clearance from the Russian Federal Antimonopoly Service ("FAS"). -- As a result of the Acquisition, under Rule 9 of the Code, Horvik is required to make the Offer, at a price per TSG Share not less than the price per TSG Share being paid to the Selling Shareholders. -- The making of the Offer will be subject to the satisfaction or waiver of the FAS Pre-Condition (as set out in Part A of Appendix I). Under the terms of the Offer, which will be subject to the Condition and further terms to be set out in the Offer Document and the Form of Acceptance, TSG Shareholders will be entitled to receive: for each TSG Share GBP1.18 in cash -- The terms of the Offer value TSG's entire issued and to be issued share capital at approximately GBP108,383,046. -- The terms of the Offer represent a premium of approximately: -- 18 per cent. to the Closing Price per TSG Share of GBP1.00 on 17 March 2021 (being the last practicable date prior to the date of this Announcement); -- 34 per cent. premium to the Closing Price per TSG Share of GBP0.88 on 4 March 2021 (being the last Business Day prior to the date on which Horvik first approached the TSG Independent Directors); and -- 26 per cent. to the volume weighted average Closing Price per TSG Share of GBP0.94 for the one month period ended on 17 March 2021 (being the last practicable date prior to the date of this Announcement). -- The TSG Independent Directors, who have been so advised by Canaccord Genuity as to the financial terms of the Offer, consider the terms of the Offer to be fair and reasonable. In providing advice to the TSG Independent Directors, Canaccord Genuity has taken into account the TSG Independent Directors' commercial assessments. Canaccord Genuity is providing independent financial advice for the purposes of Rule 3 of the Code to the TSG Independent Directors. -- Accordingly, the TSG Independent Directors unanimously recommend that TSG Shareholders accept the Offer and the certainty of cash that it provides today. The TSG Independent Directors who hold TSG Shares have irrevocably undertaken to accept the Offer, as described in Section 6 (Irrevocable undertakings). -- The Horvik Board believes there is a compelling strategic and financial rationale for making the Offer: -- TSG is a gold producer in Russia and the Offer provides Horvik with an opportunity to participate in TSG's future development and growth in a key region of gold production. -- TSG owns and operates the high-grade, low-cost Asacha gold mine in Kamchatka, Far East Russia, and also owns the greenfield Rodnikova gold deposit which has the potential to provide for an extension of the life of TSG's Kamchatka operations. Horvik considers it strategically important to establish its operational footprint in Kamchatka, which is historically one of the most underexplored regions in Russia and has high geological potential. Horvik believes that the execution of this strategy is best achieved through the acquisition of TSG, as one of the key regional gold producers. -- Vladislav Sviblov, the ultimate beneficial owner ("UBO") of Horvik, has interests in a number of mining assets, including in the precious metals sector. The Acquisition and the Offer is in line with Mr. Sviblov's strategy to build a broader asset portfolio in the natural resources sector in Russia. -- Horvik is a Cyprus registered company indirectly owned by Vladislav Sviblov and is part of his wider business interests in the metals and mining industry. Mr. Sviblov's existing strategic investments include Highland Gold Mining Limited, one of Russia's leading gold mining companies with assets in the Khabarovsk, Zabaikalsk and Chukotka regions of Russia, and Ozernoye Mining Company, which is developing zinc-lead and gold-zinc deposits, as well as certain other gold mining assets and prospective deposits in the Zabaikalsk region. -- Commenting on the Offer, Vladislav Sviblov, UBO of Horvik, said: "We are pleased to announce the Acquisition and the Offer which represent a further strategic investment for us in the Russian natural resources sector. This is in line with our strategy to build a broader asset portfolio and adds to our investments in Highland Gold and the Ozernaya Mining Company. We believe that TSG has an attractive asset portfolio in the Kamchatka region and we believe that we can support TSG's future development. We are pleased to have reached agreement with both the Selling Shareholders and the TSG Independent Directors as to the terms of the Acquisition and the recommended Offer providing TSG Shareholders the opportunity to realise in cash the value of their investment at a compelling valuation. " -- If any dividend or other distribution is authorised, declared, made or paid in respect of TSG Shares on or after the date of this Announcement, Horvik reserves the right to reduce the offer consideration by the aggregate amount of such dividend or other distribution. -- The making of the Offer by the publication of the Offer Document will take place as soon as reasonably practicable and in any event within 28 days (or such longer period as the Panel may agree) following the satisfaction of the FAS Pre-Condition which relates to the receipt of clearance from FAS. -- It is intended that the Offer will be implemented by way of a takeover offer within the meaning of Part 28 of the Companies Act 2006 and under the Code. The Offer is conditional upon Horvik having received acceptances in respect of TSG Shares which, together with TSG Shares acquired or agreed to be acquired before or during the Offer, will result in Horvik and any person acting in concert with it holding TSG Shares carrying more than 50 per cent. of the voting rights then normally exercisable at a general meeting of TSG. -- The Offer is expected to complete in Q3 2021, subject to the satisfaction of the FAS Pre-Condition and the Condition set out in Appendix I to this Announcement. -- Further details of the Offer will be contained in the Offer Document and the Form of Acceptance. The Offer will be made and the Offer Document will be published as soon as reasonably practicable and in any event within 28 days (or such longer period as the Panel may agree) following the satisfaction or waiver of the FAS Pre-Condition. Subject to certain restrictions relating to persons resident in Restricted Jurisdictions, the Offer Document and the Form of Acceptance will also be made available on Horvik's website at hxxps://horviklimite This summary should be read in conjunction with, and is subject to, the full text of this Announcement (including its Appendices). The Offer is subject to the FAS Pre-Condition and the Condition and further terms that are set out in Appendix I, and to the full terms and conditions which will be set out in the Offer Document and accompanying Form of Acceptance. Appendix II contains the bases and sources of certain information used in this Announcement. Appendix III contains details of the irrevocable undertakings received in relation to the Offer that are referred to in this Announcement. Appendix IV contains definitions of terms used in this Announcement. |
Posted at 10/3/2021 09:06 by stupmy UKG, oddly enough I started trading the Gold index yesterday and have continued today. I felt the same that perhaps we were seeing the first evidence that the POG might rise. TSG share price also looking perky this morning although except for the transaction in own shares, I don't see any news. |
Posted at 05/3/2021 14:11 by ukgeorge I guess until the report from RTN is released we will have to wait for the rerate."The Company understands that RTN is close to finalising its investigations and expects to receive the outcomes and recommendations by the end of March 2021." I'm not sure if TSG could get a fine, or what action RTN can take. The main positive is that the vein 25 can continue to be mined. So the company has lost two months of mining the high grade. We should now get some news on the revised 2021 production target. Which should be higher than 2020. TSG when mining vein 25 is going to be one of the lowest cost producers so as painful as the falling gold price is it will be hurting the marginal produces a lot more than tsg. In a year if gold is $1500 I would think the share price here will be higher. It is great that the board are clearly alligned with shareholders. Dividends, supporting the share price, and as unfortunate as the accident has been the company has been open with the market. |
Posted at 04/3/2021 16:19 by observer007 I agree is is a gamble but surely the BOD would not instigate a share buy back programme if they knew operations/profits would be seriously effected.The risk/reward situation seems pretty favourable to the upside at current levels, similar events at CMCL resulted in a temporary drift in the share price but it recovered quickly when the mine location was allowed to re-open - I was holding at the time. Investigations rarely seriously effect production beyond a short timeframe, it is hard for folks to decide how much of the share price fall is due to the accident or the weak gold price. |
Posted at 01/3/2021 20:31 by planit2 TSG's RNS said their remit says they can buy back 10% of the shares in issue.They have said they will buy back 1m shares if the price paid averages £1 so the fist day was about 5% of the total. Separately, they must know how the report is progressing into the accident in the mine. Now if they thought the report was likely to be bad they would be purposefully buying shares at a price that will be higher than in a couple of months which would upset shareholders. The opposite is also true which is they should take advantage of a low share price whilst they can and this is the most likely reason they have started buying now. They must feel that they have enough money to fund the new project as it is required. The must also think that they are unlikely to get a large fine or other sanctions. As mentioned before there were other confident comments in the RNS. In my opinion the above reduces the risks substantially. Hopefully they can buy up all the 1m shares at this price and then the RNS comes out saying the investigation is over. :) |
Posted at 19/2/2021 19:23 by 1knocker TSG has only fallen to the levels I suggested in my post of 4/2/21. I think it probably has further to fall if US long bond interest rates continue to rise, or if there is a severe market correction which drives a flight to the dollar, with a consequent fall in the POG.If the news on the mine fall is bad, that will cause a further, additional fall in the share price Good news on the fall would result in some re-rating, but probably not a particularly large immediate rise while the POG price and charts remain weak. Stay patient. There will better times to buy in/top up TSG, as even if good news on the mine fall does cause the share price to rise a bit, this is probably still a sub 100p stock the way the POG is now and looks to be going at present. Anyhow, better IMO to pay a bit more after a clean bill of health than gamble by buying ahead of the news - which could be good or bad. I have no crystal ball, but that is how I see the position at present. Very glad I sold immediately I learned of the mine fall, even though I had only just got in. Lucky to get out fractionally better than all square, as it turns out. I hope the news is good because, the potential consequences of the fall aside, TSG looks attractive to me. |
Posted at 18/2/2021 16:11 by stupmy The chart for gold is very similar to the chart for TSG, but TSG drop started about a day earlier (Jan 4th vs 5th or 6th for gold). I guess the 4th was the mining accident, then a lot of the rest is related to POG. Although TSG's drop appears to be amplified (almost 3fold the 10% drop in Gold, I'm wondering if that is primarily because the accident blocked access to this high grade vein people talk of, bringing the price down to levels before excitement over that pushed them up into the 130's. After that the similarity in the charts of gold and TSG is marked. Gold was looking for further downside today and so did TSG share price I'd be careful about reading into the TSG price drop anything relating to the accident. Total speculation on my part of course. |
Posted at 09/1/2021 19:29 by 1knocker PS Further to my last, 'ramping', 'pumping and dumping' etc. (i.e. putting out false information with a view to moving the share price so as to be able to buy/sell to personal advantage in a false market) is immoral and dishonest. Setting out facts which are 100% true, and explaining one's reasons for selling (or buying or holding) in the light of those and other facts entirely different. A thread is no more than a fan club (and is liable to lead others into unwarranted optimism, to their loss)if we restrict ourselves to optimistic predictions for a rising share price and exhortations to buy. Please note also that the 90p price at which I may buy in again if the collapse was not the result of a hitherto unknown geological problem is pretty much the price in the weeks pre the Southbank tip, discounted somewhat for a post-tip event (the collapse) which will at best cause SOME cost to TSB, including one hopes compensation for loss of life and increased future safety measures. Please remember also that the share price does not impact on the company's balance sheet whether one sells, buys, or holds has no consequences for the company's ability to defray such costs. Sorry to bang on, but a good thread needs to be balanced and honest, 'warts and all'. |
Posted at 08/1/2021 22:55 by 1knocker There has been surprisingly little commentary on the mine collapse. Before the collapse Southbank tipped this at 98p, with a 'buy up to' price of 115p. The share price promptly rose above 115. Southbank have not put out any subsequent alert about the collapse, so my guess is the price has been supported by limit orders placed in accordance with their 'buy up to 115' tip, by investors unaware of the collapse. A limit order of mine (prompted by the Southbank tip) triggered at 105, just before I saw the mine collapse news on this thread. I promptly sold, happily at a small profit. Until more is known I think TSG is just too risky.If the damage to the mine is not too bad and mining the high grade vein can be restarted fairly soon and without too much remediation expense, I expect to be able to buy in again at around 90p. I guess that even if the news about cost and date of mining resumption is broadly good the share price should fall to that level as soon as the mine disaster becomes more widely known by investors, and especially if the POG falls further. If the news is bad, this a share to steer clear of. Either way, now is not the moment or the price to remain invested. I hope the above is useful info for you longer standing holders, who hopefully bought in well under the current price. Like the rest of you, my thoughts are with the dead miners' families. |
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