Petropavlovsk Share Discussion Threads

[qs99] 18/10/2016 09:14

Looking very strong IMO and looking forward to news before end of October as flagged in last RNS....plus POG is nudging higher...

[qs99] 18/10/2016 08:50

at this rate 10p will be back on cards...IMO / DYOR

[davidlloyd] 17/10/2016 14:35

If I didn't know better I would hazard a guess that there is some fairly active stake building going on here with the share price being manipulated to allow it to happen on the QT - but that wouldn't be allowed, would it? WDIK. Time will tell I suppose.

DL

[juju44] 17/10/2016 13:39

Already in the price long ago

[laptop15] 17/10/2016 13:35

Sorry just realised it's old news....but still good news...lol

[laptop15] 17/10/2016 13:33

Thanks for sharing popeye, Guess the will be RNS coming shortly! I guess all these big buying is related to the good news coming!!

[grbaker] 17/10/2016 12:50

Great find popeye!

Here's a link to that from above;

[tsmith2] 17/10/2016 12:43

Could be a belter finish to the year!

[popeye888] 17/10/2016 12:06

MOSCOW. August 22 (Interfax) - The Russian Federal Antimonopoly Service (FAS) has cleared Petropavlovsk plc to buy 100% of LLC Amur Zoloto, an established gold company with production and development assets in the Khabarovsk region in the Far East of Russia.
The FAS said it had considered a request from Petropavlovsk and deemed that the deal would not restrict competition.
Petropavlovsk said in April that it had agreed to buy Amur Zoloto in a deal worth $144 million from firms controlled by Musa Bazhayev, and that it would pay for the acquisition with its own shares; Petropavlovsk will also consolidate Amur Zoloto's net debt in the amount of $16 million. As a result, Bazhayev's companies would get a 30.3% stake in Petropavlovsk.
Later it emerged that Viktor Vekselberg's Renova Group, which is currently the largest shareholder of gold miner Petropavlovsk, might become a third party in the deal between Petropavlovsk and companies controlled Bazhayev.
Along with acquiring Amur Zoloto from Bazhayev-controlled companies, Petropavlovsk might buy Zoloto Kamchatki (Kamchatka Gold), which is owned by Renova, Petropavlovsk said in a press release in June.
Kamchatka Gold is the largest gold producer in Kamchatka Territory and one of the top 20 gold miners in Russia. The company holds nine licenses to develop hardrock gold deposits in Kamchatka with a combined resource base of 12 million ounces (over 375 tonnes) of gold.
Petropavlovsk is developing gold deposits in Amur Region - Pokrovsky, Pioneer, Malomir and Albyn. Vekselberg-controlled companies hold about 16.27% of shares in Petropavlovsk. Petropavlovsk board chairman Peter Hambro holds 4.64% of shares, CEO Pavel Maslovsky owns 5.81%, and their partner in Asia Pacific Bank Andrei Vdovin holds 4.02%.

[grbaker] 17/10/2016 11:14

Renova - via it's 483,992,987 / 14.764% holding and via the 90,068,021 / 2.7448% Lamesa/Polo holding (which Renova also ultimately controls) - currently controls (that we know of) 17.5088% of POG.

[grbaker] 17/10/2016 11:06

Lamesa / Polo are part of the Renova Group. Renova have been building a significant stake for some time. At present their ultimate goal remains unclear.

The total number/percentage of shares controlled by Renova is given within the table in the header. They are the largest shareholder in POG.

[davidlloyd] 17/10/2016 08:04

In auction?
Dl

[laptop15] 14/10/2016 12:03

Institutional investors coming now is a very good sign indeed :))) maybe they are connected to someone in the know!!Bullish signals here and I knew there was a big buy being filled and that's why the share price has been rising the last few days even with more sells than buys!!8p beckons I reckon guys :))

[tsmith2] 14/10/2016 11:04

Would explain decent Strength, puts more shares in string hands ahead of 'bags of good news'

[tsmith2] 14/10/2016 10:56

40mn acquired..nice

[qs99] 14/10/2016 10:43

ok thanks. either way, that is a chunky increase..

[tymedici] 14/10/2016 10:23

They are an American 'charity' according to the internet, Texas I believe.

[qs99] 14/10/2016 10:12

chugging along nicely....who are these new shareholders just announced, anyone know?

[tymedici] 13/10/2016 17:54

the candles in the above chart seem to indicate more 'buys' than 'sells' so its probably all part of the 'dark arts' which is the stockmarket. A year ago the POG share price peaked in the first week in October then fell away until after Christmas. Lets hope that this year's scenario is different

[laptop15] 13/10/2016 17:28

Strange behaviour here as there seemed to be loads of sells and the share price rose, what's all that about? Do the MM's know something good is coming? Unusual for the share price not to fall with so many sells.....or is there a huge buy order lined up??I'm not complaining but just thought it seemed strange....lol...the day before was similar too.

[grbaker] 13/10/2016 10:47

Nice to see us back over the 100 day moving average.

There must be lots of holders who need significantly higher prices to even break even here...

Roll on the news on the deals. Will POG be going it alone on the POX start-up costs? How much will they offer/pay for the other deals?

(And, if we can all remember that far back, will General Nice ever cough up what they owe to IRC? Although I'm not expecting any news on that front any time soon).

GLA, NIAI and please DYOR.

[wallywoo] 13/10/2016 08:53

POG has had loads of false breakouts over the last few months, who knows. However, volume has been high for 2 weeks now, and with bank negotiation, Pox, and acquisition news on the way soon : - I am not selling for a potential fall back - there has to be a rerate here IMO

[tsmith2] 13/10/2016 08:48

Volume uptick

[qs99] 13/10/2016 08:46

Agreed. Looking forward to these promised updates before end of OCt. DYOR