Petropavlovsk Share Discussion Threads

[tsmith2] 03/4/2017 14:52

Most of the shares are very tightly held..

[cliffo2] 03/4/2017 13:38

Anyone looking for an indicator? :-)

[luckymouse] 03/4/2017 13:20

well the volume is real

free stock charts from uk.advfn.com

[davidlloyd] 03/4/2017 13:14

Both. Holdings RNS's:FACT, what it may mean: SPECULATION.

DL

[luckymouse] 03/4/2017 13:08

no one even bothered to reply to my post - why surprised? fact or speculation?

[davidlloyd] 03/4/2017 13:00

I am very surprised that with this out in the open, more peeps aren't trying to get in here. Really would have thought the message is out there in black and white....

Hey Ho.

DL

[wallywoo] 03/4/2017 11:59

another load of shares bgt in by Lamesa. We may see a takeover sooner rather than later. Though Russians like to play a clock and dagger game when taking control of companies, could just be an attempt to oust current mgt.

[3dwd] 03/4/2017 11:59

*PETROPAVLOVSK: LAMESA HOLDS 10.04% OF VOTING RIGHTS 11.52 RNS

[stoopid] 03/4/2017 10:18

Yeah? Maybe some funds starting to take an interest here and have run a quick eye over the figures?What with underground mining starting to come on line and report it's first oz produced H2 this year. IRC (seemingly) going from strength to strength and the amur river bridge completion date rapidly coming up and the game changer that is POX due to be completed and start production by 2019 with loads of ore mined/stockpiled and ready to go,hedge in place to ensure finances don't go Pete Tong again. Not out of woods yet but coming along nicely atm.

[juju44] 03/4/2017 09:31

Old dog starting to stir

[tsmith2] 03/4/2017 09:18

Volume, momentum all building nicely here.

[popeye888] 02/4/2017 12:02

deanroberthunt1 Apr '17 - 12:38 - 46252 of 46252
Let's not get carried away it's gone up from 6p to 7p ffs!!

HOC last year went from 40p to over 3 squid....

I'd start to get excited over 20p

------------------------------------------------------------
Pleased to see someone with a bit of common sense for a change. You obviously, are not one of those who get paid to post on here.

[deanroberthunt] 01/4/2017 12:38

Let's not get carried away it's gone up from 6p to 7p ffs!!

HOC last year went from 40p to over 3 squid....

I'd start to get excited over 20p

[luckymouse] 31/3/2017 14:30

Strong volume here - what is the news catalyst - and what is the strength of the news catalyst?
TIA LM

[wallywoo] 31/3/2017 11:34

Nicely in profit now, bid at 7.25p. Still much further to run IMO. Expecting this to have at least another run up to 9p, hopefully beyond that

[j777j] 31/3/2017 11:23

With increasing stability and visibility the chances of a bid from the Russians is now firmly on the radar.

[tsmith2] 31/3/2017 10:58

Like the PoG have just gone about concentrating on executing the business plan rather than comment etc on share price. Think current share price v significantly undervalues PoG

[tsmith2] 31/3/2017 10:57

Chunky buys going through..

[grbaker] 31/3/2017 10:49

P.S. There's always the possibility that Renova purchased shares through their Polo/Lamesa vehicles to prop up the share price

However, other possibilities for the stake may include:

1. They see a profit opportunity (through an increase in the SP)
2. They want to control the direction POG takes (by having a controlling number of voting rights - yet they have not asked for a seat on the board as far as we know)
3. They want either POG or IRC or both: see ) ...

Further to point 3. above, some of Renova's companies that could, at first glance, fit well with IRC or benefit from low-cost Iron Ore and ilmenite (which is used to produce titanium and titanium dioxide, which is used in paints, fabrics, plastics, paper, sunscreen, food and cosmetics e.g. ) might include:

Energoprom Group -
KORTROS -
Oerlikon -
( ? ORGSYNTES GROUP - ? )
Rotec -
Russian Utility Systems -
Schmolz+Bickenbach -
( ? Sulzer - ? )
T PLUS GROUP -
UC Rusal -
Urals Turbine Plant -

As for POG's assets, see:



There is also this (bold added by myself):

"
ZOLOTO KAMCHATKI
Zoloto Kamchatki, JSC was established in 2002. Having commenced the Aginskoye mine in 2006, the Company was the first to mine gold ore in the Kamchatka region. Currently Zoloto Kamchatki is the major producer of gold here.

Currently the Company holds 9 mining/exploration licenses over deposits with total resource base exceeding 12 million oz (over 375 tons) of gold. Based on its existing mining/exploration properties, the Company’s management implements long-term geological exploration program to ensure constant growth of resource base.

Responsible management of natural resources is one of the Company’s basic principles. Its environmental policy is aimed at securing of maximum protection of unique nature of the region. Capitalization of the Company is to be increased provided that strict standards of ecological safety are unconditionally adhered to.

The Company’s strategy is not only to strengthen its position in the Far Eastern region but rather to become one of the leading gold mining companies in Russia.
"
Source:


All we can do is speculate as to Renova's intent/purpose with their substantial holding.

NIAI, all IMHO and please DYOR.

[grbaker] 31/3/2017 10:17

Here's some old news on Renova's stake in POG (from November 2015):



Here's some more up-to-date news (from November 2016):



( And see also: )

[grbaker] 31/3/2017 10:08

Previous to yesterday's RNS (link below), Renova (Renova Assets/Holding, TZ Columbus/Trust, Polo, Lamesa) held:

Renova Assets Ltd
Renova Holding Ltd
TZ Columbus Services Limited (as
trustee for Columbus Trust)

No of Shares: 483,992,987 / 14.76%
Convertible Bonds: 0 / 0%
A. Total number of voting rights: 483,992,987 / 14.76%


Polo Company S.A. (f)
Lamesa Group Holding S.A.
Lamesa Foundation

No of Shares: 0 / 0%
Convertible Bonds: 225,674,382 / 6.88%
B. Total number of voting rights: 225,674,382 / 6.88%


Grand Total of Voting Rights Under the Control of Renova therefore:
(A + B) = 483,992,987 / 14.76% + 225,674,382 / 6.88% = 709,667,369 / 21.64%

( Source: )


Now, assuming there is no change to the Renova Assets/Holding and TZ Columbus/Trust holding listed above, Renova today controls (changes marked bold):

A. As above (483,992,987 / 14.76%)

Polo Company S.A. (f)
Lamesa Group Holding S.A.
Lamesa Foundation

No of Shares: 59,400,693 / 1.8102%
Convertible Bonds: 225,674,382 / 6.88%
C. Total number of voting rights: 285,075,075 / 8.69%

( Source: )


Grand Total of Voting Rights Under the Control of Renova therefore:
(A + C) = 483,992,987 / 14.76% + 285,075,075 / 8.69% = 769,068,062 / 23.45%


If anybody spots an errors in the above, please post!

GLA.

[seppsuess] 30/3/2017 23:02

If only the hard-boiled remain the tree shaking should become harder and harder

[galeforce1] 30/3/2017 16:25

Yes. It looks as though Lamesa has bought 59.4m shares, which when added to the potential 225.6m shares that it could potentially own via ownership of the convertible bond take its shareholding over 8%.

This must take the joint potential shareholding of Renova and Lamesa (both controlled by Vekselberg) to about 23%.

Renova owns 483.9m shares.
Lamesa now owns 285m shares

There are 3.3bn shares in issue

Very happy to be corrected on this.

[3dwd] 30/3/2017 16:22

37m traded so far ..tells u something..