Petropavlovsk Share Discussion Threads

[shaf200] 10/4/2017 11:29

Someone tell me why the sudden talk of take over...thanks...

[popeye888] 10/4/2017 10:15

Thank you Stoopid, I'm sure that will make things clear for a number of readers who did or did not subscribe to the rights.

[stoopid] 09/4/2017 18:34

OK, 20p per share is approximately equivalent to £4 ish pre rights, before dilution. But, if you had taken your rights up then at 15p - 20p per share you should be easily back in profit. 15p breaks me even and I been here a while.Initial stake plus rights for me breaks even at about 15p. Anything over that is profit.If you have not taken up your rights then not much will help you to ever break even. The share price would probably need to be around £1.50 - £2. and I doubt that will ever happen. Would give POG a market cap of what? £4billion plus?

[popeye888] 09/4/2017 16:31

Stoopid, so for shareholders like me that were not prepared to take the gamble and further invest at that time, what does 20p share price equate to pre rights.

[stoopid] 09/4/2017 12:32

So for every one share back then there are now 16

[stoopid] 09/4/2017 12:30

Popeye it was 15 - 1

[celeritas] 08/4/2017 21:22

They'd get away with circa 25p

[popeye888] 08/4/2017 17:16

Stoopid7

12p would be a low ball bid and i doubt it would suceed or gain suport of institutional investors who can see the valie here. Anything under 20p would be a bargin 20p = £4.50/£5 ish pre rights.

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I thought the rights issue was 7 new shares created for every 1 already in existence, which would mean 20p would equate to £1.60 pre rights.

[grbaker] 07/4/2017 18:42

"
K&S celebrates 500,000th tonne of Iron Ore Concentrates sold
Amur River Bridge Progressing Well

Friday, 7 April 2017: IRC Limited (“IRC” or the “Company”, together with its subsidiaries, the “Group”; Stock Code 1029) is pleased to announce that K&S has successfully sold more than 500,000 tonnes of iron ore concentrates since its initial production, a significant milestone in the ramp-up programme of K&S. IRC remains confident to operate K&S in full-capacity by the first half of 2017.

K&S’ ramping up programme continues to gain momentum and more iron ore concentrates have been produced and sold. Since the beginning of K&S’ production, the plant has cumulatively produced and shipped more than 500,000 tonnes of iron ore concentrates to the Chinese customers, taking advantage of the recent stronger iron ore price market. Since the listing of IRC on the Hong Kong Stock Exchange, the Group has produced and sold over 5 million tonnes of iron ore, including those tonnages produced by Kuranakh. This is a testimony of IRC being a reputable mining company and the Group proudly joins the league of established iron ore producers as K&S ramps up to full production capacity.

On the other hand, regarding the Amur River Bridge, Mr Alexander Galushka, the Minister of the Development of the Russian Far East inspected the bridge construction site last week. Mr Galushka was pleased with the construction progress and the relevant authorities are now starting to deal with operational issues of the bridge, including the setting up of custom checks at the SinoRussian border. He further reiterated that the bridge would be ready for use in June 2018.

etc.
"

[stoopid] 07/4/2017 16:34

Galeforce, he hasn't hit the mark yet and still need's a few more yet.When word of any offer leaks out then we will know. The share price may well spike before then as the markets and always smell a profit. 12p would be a low ball bid and i doubt it would suceed or gain suport of institutional investors who can see the valie here. Anything under 20p would be a bargin 20p = £4.50/£5 ish pre rights.

[tsmith2] 07/4/2017 15:56

A few got rinsed yesterday

[galeforce1] 07/4/2017 15:49

Presumably the BoD (Hambro and Maslovsky in particular) are very unhappy about the idea of Vekselberg taking over POG at anything like the current value.

Assuming that is VV's plan, what could the Board do to stop him at this point? A share buy-back, perhaps? Except that would cost money. And I think they are also quite constrained by their existing loan agreements.

I wonder how much VV would have to offer to win over the Institutional holders here?Maybe a 30% premium at 9p - so 12p, rising to 13p.

I'd guess that the BoD would want at least 20p, giving an enterprise value of around £1bn.

[seppsuess] 05/4/2017 16:25

short covering is over

[shaf200] 05/4/2017 16:18

Bloodbath... Not!

[deanroberthunt] 05/4/2017 12:23

don't bother with stop losses.

[wallywoo] 05/4/2017 12:08

Interesting share price today. I think it sends a clear message. Day traders and margin players beware with this one. The share price is too easily manipulated to trigger stop loses. Long term and medium term holders sit back and relax, this is going higher IMO

[dan554] 05/4/2017 11:58

Gold is still good , debt getting paid bit by bit and aslong as it is something im happy.

In the long race .

[deanroberthunt] 05/4/2017 11:54

like another 2-3 yrs!!!

[grbaker] 05/4/2017 11:51

Could have been a bit of 'stop hunting' this morning (right down to the 100 day MA) - let's see where we close today.

Otherwise, perhaps we're going to trade in a range between e.g. 6p and 9p for a while.

[juju44] 05/4/2017 11:45

looks like a pump and dump to me.

[deanroberthunt] 05/4/2017 11:10

could be blue laters