Share Name Share Symbol Market Type Share ISIN Share Description
Peter Hambro Mining LSE:POG London Ordinary Share GB0031544546 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03p -0.38% 7.97p 7.96p 8.08p 7.97p 7.97p 7.97p 203,032 09:59:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 437.9 21.9 0.8 10.6 263.31

Petropavlovsk Share Discussion Threads

Showing 47101 to 47121 of 47125 messages
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DateSubjectAuthorDiscuss
17/11/2017
14:56
interesting times. I always thought the ruskies would step in and sort out the debt..
gilotron
17/11/2017
12:57
Stuck at 8p doesn't want to move.....
stoopid
15/11/2017
17:59
Probably better to improve their debts now, than leave it to the future when general markets,(but hopefully not gold ), might be in a bearish downturn.
oooff
15/11/2017
15:59
Good points wally.They are revolving their debt (the same way every company does) and doing so at a lower rate.Positive stuff.
wigwammer
15/11/2017
08:39
Stoopid. The bond issue reduces the interest charge from $60M to $48M and takes away any uncertainty on Russian banks. 3 years ago POG were in a very different position: 1) Bank sanctions on Russian banks meant the cost of loanng $ rocketed 2) POG had >$700M debt and some costly projects (ie POX) 3) The gold price was $1050, and uncertain future Today POG have underground and POX both nearly there, so: 1) Production should rise 2) Cost per ounce should fall 3) They will generate a lot more cash, net debt will fall and currently $570M 4) Gold price looking much better with a good future All looks good to me
wallywoo
14/11/2017
11:03
What the issuing of this bond suggest's is that they can't pay the bank debt off in the allocated time 2019/2021 they negotiated when the refinancing was done in 2015 with current operations/profits.Looks like POG are trying to push it out to 2022 with this bond to give POX andonline underground time to come properly and produce.Storing up another debt debacle for 2022 when they can't repay it yet again..... it's $120m mote than the last bond....
stoopid
12/11/2017
14:55
Proactive Investors has this: " Petropavlovsk announces 'successful' pricing of loan notes due in 2022 10:46 08 Nov 2017 Petropavlovsk said the successful pricing of the loan notes issue demonstrates the market's confidence in its projects etc. Chief executive Andrey Maruta said: "As the proceeds of the offering will be used to refinance the bank debt, this transaction will allow us to extend the company's debt maturity profile and to optimise the amortisation schedule, thus providing operational and financial flexibility." " https://tinyurl.com/y8fbkex3
grbaker
09/11/2017
12:28
bid currently higher than the offer, which is a bit weird? (Bid 8.11p, offer 8.06p) worth buying a load and then selling back :-). DL
davidlloyd
09/11/2017
06:59
yes but is this new replacement debt not at a lower interest rate than was previously, all be it a small reduction. I think it was previously at 9%.
bambo1
08/11/2017
13:16
So, Debt paid off with...... more debt. Putting them right back in the same position they were 3 years ago when it went Pete tong because of the bond...Can't make it up.... Let's see if it pays off $600m of bond debt 100m of which is due in 2019
stoopid
08/11/2017
07:40
Yup....this is a big deal for POG
undervaluedassets
08/11/2017
07:19
A sensible RNS
haughtonhoney
02/11/2017
15:49
Ta for the note, appreciated....
stoopid
31/10/2017
08:04
Prompted by the proposed new bonds there are new rating notes (dated 24/10) from Fitch and S&PGR. (NB: the bonds are about raising cash to refinance existing secured bank debt not financing new ventures/capex etc as has been speculated on this board) These notes are well worth tracking down and reading in full (they are long) as they give unbiased up to date assessments of the entire POG business and it's prospects going forwards. Clearly risks remain but on balance both agencies give a relatively benign/positive view. Fitch gives a B- view and S&P B- with poss upgrade to B. Anyway if you want a non speculative, non partial, in depth assessment of POG as it exists today read the Fitch and S&PGR notes in full.
undervaluedassets
29/10/2017
08:50
This is going to multiply over the next few years, as the debt is paid down and the equity is valued more sensibly against the ounces produced.The sector is out of favour - but am sure that will change.
wigwammer
26/10/2017
09:32
duplicate post ..
undervaluedassets
26/10/2017
09:29
Going to produce 130 million in cash flows this year on a market cap of 270 million. That is nearly a 50% cashflow yield. I would say that is news ....and... that that news is yet to be reflected in the price. These things take time to sink in .
undervaluedassets
26/10/2017
09:16
Wally, huge news? Possibly a return to paying a divi? Would that be enough? Because that's the only really big news to come/surprise in the near future?They upper resistance point is about 9p yes??
stoopid
26/10/2017
09:01
Having watched and played this share several times over the last few years. It has some strange behaviour IMO: 1) Don't buy or go short with a tight stop loss, the bid and offer price, change hugely through out the day (sometimes with 10% spread). - this will stop you out 2) the resistance points both upper and lower are significant hurdles. I have no doubt it will break upwards at some point BUT it needs huge news in order to do so It is still a great play on the gold price mind. Though the manipulation with that is something to behold too!
wallywoo
26/10/2017
08:45
Swapping Russian debt for US dollar denominated bonds only makes sense if the Rouble continues to strengthen against the dollar which the Russian Central bank is determined to see not happen. It doesn't make much sense as most gold mined in Russia is purchased by the Russian Central bank in Roubles for its own reserves and also the Central Bank rates in Russia are coming down, where as in the USA are going up.
loganair
26/10/2017
08:35
panicky people on this board... It is volatile isn't it.. twas ever thus .. The difference now is this is producing substantial cashflows.
undervaluedassets
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