|Peter Hambro Mining
||EPS - Basic
||Market Cap (m)
Petropavlovsk Share Discussion Threads
Showing 46201 to 46223 of 46225 messages
Armstrong is more or less the only expert worth listening to as he correctly forecasted both brexit and trump.
He said years ago gold would fall below 1000 dollars an ounce and it now looks like he may be correct yet again. Shares like cey, pog and others will be as cheap as chips if that comes to pass.
Having said that, pog's chart has a pleasing look to it.|
|No one wants to say it but think hyper inflation is coming..|
|We will see. With the progress made at POG since the rights it may be that POG become the target of M&A in the not so distant future if the share price remains so low.....|
|slowly but surely it's getting there....I believe that this could appreciate considerably in share value in 2017, with a modest increase in Gold Price, say back over $1250|
|As is often the case on a good day the only stock in my portfolio that is down is this one (Pog).|
|POX will be the game changer, all the ore already mined from various pits just waiting to be processed. Once it's up and running (2018?) Loads more Oz. Maybe 20% - 40% more. The problem is still the cost per Oz with POX. It's still high....Agree regarding the debt wally, cash flow is king here atm. The debt is now manageable, being paid over a longer period with less restrictive covenants.Now POG just have to sort out the AZ deal, either that or fob them off. Just shows how overvalued the initial proposal was............ Will still be a while before any meaningful share price rise here. A reinstatement of the dividend would be a help though...|
|People keep talking about paying off the debt, but I don't think that is the plan now. Debt is now secured long term, over the next few years. Cashflow will be used to increase production and into POX, POG will become very profitable and will resume divi's. Just look at POLY, they operate in Russia, have $1.5B of debt, around 1.5 to 2 times the production and worth nearly 14 times POG.
We will not know production forecast for 2017 until January, but I am expecting around 650K ounces. Once the number crunchers start looking at these figures POG will fly|
|pay off the debt you can stick a nought on the end of the mcap, just for starters|
|i remember when pog was at£1300 cant belive it worth sod all now|
|deanroberthunt i been holding since gold was at 1250|
|Last half yr report, extrapolating for fy..
~$160m EBITDA.....working off just 1.5x valuation.
Generated net cash of $60m from operations, so only 4x valuation
|And, at present, it doesn't really matter here|
|Popeye, don't suppose you noticed most don't care|
|GRB well, that's a 33.3% dilution of the original deal, just shows how overvalued it was originally...|
|No idea popeye i been holding this from 1250 & its starting to hurt a bit now|
|Don't suppose anyone has noticed gold has dropped from around $1,350 to almost $1,150 in the last 2 months and is still dropping. Oh, I nearly forgot, this is good news is it not as its cheaper to buy more or should we wait for more good news and buy more for even cheaper price.|
|Hi Stoo, here's the quick gist on the previous dilution... it was 30.3% before:
The Relationship Agreement
The new Petropavlovsk shares will represent approximately 30.3% of Petropavlovsk's issued share capital immediately following closing of the transaction (assuming no issues or cancellations of Petropavlovsk shares after the date of this announcement).
It is expected that Petropavlovsk and the Contributors will at closing enter into a relationship agreement ("Relationship Agreement") to regulate the relationship between the Group and the Contributors so that the Group will be capable of carrying on business independently of the Contributors and for the benefit of the shareholders as a whole. The agreement will be prepared in compliance with the Listing Rules.
|the sum of the parts, refinancing and better merger terms.......
just need gold back over $1200 and 9p will be history|
|20% now, what was the original dilution?|
|More good news..Things coming together v nicely|
I'm not sure why they would announce/publish that letter myself. It reads a bit, to me, like POG has rejected the deal and they've come back with a better offer. I certainly don't think that POG should be diluting shareholders by 20% for the deal; but that's just my opinion as a long-standing (and obviously therefore long-suffering) shareholder!
Again, to me, it reads like it is not POG who is pushing for the deal. For example, this phrase at the end of the missive this is very factual in tone from POG (taken from the above line). It doesn't read like there's a great deal of enthusiasm behind it:
"Discussions between the parties, and their respective shareholders, are continuing and the Company will make further announcements in due course."
Anyway, I expect we'll be the last to know what's actually happening behind the scenes...
GLA, NIAI and please DYOR.|
|It could be that Viktor Vekselberg's people have told the POG board that they will block the AZ/POG merger on the currently agreed terms, because the terms are far too generous to AZ.
So POG have gone to the AZ board and said 'if you want this happen you've got to agree revised terms that are less generous'.
That would explain this unusual letter. The AZ board is saying 'we would be happy for you you to pay less'. I'm not sure I've ever come across that before in a merger situation.
Whatever comes of this it's probably positive for the share price. If AZ walks away POG will be fine. If AZ and POG agree terms that are less generous of AZ that will also be good.|
|Definitely a step in the right direction. Just need an improvement in the weather now.|