Petropavlovsk Share Discussion Threads

[lawrence thirteen] 06/6/2021 17:26

It was also before Pavel was banged up to prevent him proceeding

[troy] 04/6/2021 15:14

hTTp://www.moscow-post.su/economics/national_treasure_in_strukovs_pocket34109/ An old article, but with Strukov owing the tax authorities many millions I'm not convinced he's flush with cash Robert !

[robertstronghand] 04/6/2021 14:53

Always a possibility of funny business at IRC, with our thirty plus percent you only need another twenty to take control, not sure that this is beneficial to us shareholders though. Very resilient share price action, looking to make a breakout from that huge descending wedge we have been stuck in. Not sure why anyone would think Strukov is short of cash, given the price of coal and gold he should be flush with cash.

[midasx] 04/6/2021 10:47

Yes possibly a good buying opportunity as down over 50% from very recent 12 month high? IMHO

[book5] 04/6/2021 08:00

IRC 28% down in HK

[midasx] 04/6/2021 07:23

hTtps://files.services/files/370/2021/0604/20210604074501_46248971_en.pdf IRC announcement They had an extension until the end of 2021?

[robert handofstrukov] 01/6/2021 18:53

Lawrence I think Strukov is up against it servicing gazprom debt. The price of gold may well get in his way to launch a buy out, although there may be a reluctance on the part of large shareholders to oppose him for fear of a knock on the door from the FSB.

[lawrence thirteen] 01/6/2021 16:52

Robert can you see anyway out? For example I assume strukov has to service his debt to gazprom and needs to knock the share price right to launch a buy out , but will the price of gold and other large share holders stop him?

[robert handofstrukov] 01/6/2021 14:43

Interesting interview with Alexey Maskovskiy in FT today. Takeover Panel is toothless and in need of urgent review by Kwarteng. Turning a blind eye to gangster capitalism arriving in the City of London from Moscow is not a smart move for the government. Strukov et al have orchestrated a hit to eliminate a business rival. Pavel spoke to the FT and the next day Kharin went to FSB. Strong case for using Magnitsky legislation against puppet masters of this board of placemen. This will end badly for shareholders when it gets merged with UGC.

[midasx] 01/6/2021 07:15

Excellent News! Gold on the up as well! New Own-Mined Concentrate Supplier for the POX Hub -- The new Pioneer flotation plant has the capacity to process 3.6Mtpa of refractory gold ore. Once fully operational, the plant is expected to deliver more than 100ktpa of refractory gold concentrate for treatment at the Company's Pressure Oxidation ("POX") Hub -- Pioneer flotation doubles the Group's capacity to process refractory gold ore which, including the existing Malomir flotation plant, now stands at 7.2Mtpa

[robertstronghand] 31/5/2021 10:29

Have 1950 as where we will have a few weeks of consolidation before we continue up. Would be good if the company put out a news alert that Pioneer flotation plant is up and running now, assuming that it is.

[robertstronghand] 31/5/2021 10:26

hxxps://www.moex.com/en/issue.aspx?board=TQBR&code=POGR

[midasx] 29/5/2021 12:50

hTtps://uk.finance.yahoo.com/news/gold-boe-commands-high-premium-194455336.html

[plasybryn] 29/5/2021 10:57

My tweet today:-Basel 111 comes in end of June for Euro. banks, I believe . They will have their gold holdings audited prior to implementation date. If they have shortfalls (heaven forbid) they will no doubt need to buy gold. The U.K. goes live 6 months later to give our Banks time to prepare!

[robertstronghand] 27/5/2021 18:03

I historically avoided this company, one of the reasons why I did so was things like Petropavlovsk guaranteeing the debt of another company, even one they owned a stake in, although the stake was of minimal value until now. Hopefully we can now firmly close the book on when shareholders were solely there to fund the empire building fantasies of the two Ps.

[robertstronghand] 26/5/2021 09:02

With gold hitting 1900 it will be good to focus on our core business now, flotation plant announcement must be imminent now, only a few days left to announce it.

[togglebrush] 26/5/2021 08:49

IRC was part of the Peter Hambro family link and Paul M's politics for regional development. Cost of building the Amur bridge linking into China, a key part of the IRC business plan, was a financial burden on the whole Peter and Paul dream.

[robertstronghand] 25/5/2021 15:35

Market liked it more than I did. Don't know how much the hands of the current management have been bound by the previous management, it had been agreed and we might not be able to break it.

[srpactive] 25/5/2021 13:20

Decent rns. dyor

[midasx] 24/5/2021 06:53

"Crypto miners halt China business after Beijing cracks down, bitcoin tumbles" hTtps://uk.investing.com/news/economy/crypto-miners-halt-china-business-after-beijings-crackdown-bitcoin-dives-2379936

[midasx] 24/5/2021 06:46

As usual they make the story fit, however the sentiment on Gold would appear to have turned positive.! hTtps://uk.finance.yahoo.com/news/gold-holds-near-four-month-011132064.html (Bloomberg) -- Gold steadied near the highest level in more than four months amid signs that investors are turning more bullish on the precious metal.Hedge fun...

[robertstronghand] 23/5/2021 12:58

Poly looking at building a POX hub on the Pacific coast to process third party ore, 250-300ktpa. I am pretty certain we process concentrates that one of my other holdings, Eldorado Gold, produce from their Olympias Greek mine, there is a fair bit of refractory ore in that part of the world and we are nearer to ship to through the Black Sea and then by train. Hopefully development of the fifth and sixth autoclaves will be part of the long term strategic plan, with gold where it is we should be able to fund it ourselves. Hoping for 1900 gold and the flotation plant announcement this week, if Sova Capital and Prosperity have done their rejigging maybe we can finally breakout from this bullish descending wedge.

[midasx] 23/5/2021 10:14

"Why The Future Money Is Gold And Silver" hTtp://uk.investing.com/analysis/why-the-future-money-is-gold-and-silver-200469092

[fast lane] 21/5/2021 08:56

Gordon Brown announced in advance he was going to sell half the UK gold reserves (1999) Mostly, this was to help the Banksters (who control the politicians) make a fortune with their shorts. But partly to help suppress the eastern powers who were getting a bit rich with their own reserves (by suppressing the price) The trading desks of the banksters are supressing gold & obviously silver to this day. When their suppression fails, there will be a new digital currency which may not be allowed for gold or gold share purchases. This new digital currency can be cancelled at their discretion so complete control will be upon us. How will you buy your gold then ? Buy gold now