Petropavlovsk Share Discussion Threads

[wallywoo] 08/8/2017 12:47

BGT back here at just under 7p. August and Sept usually good months for the gold price. With underground mining established at Pioneer and Malomir, production should be good too for the 2nd half. Due a run IMO

[edjge2] 04/8/2017 16:05

floor at 7 going
HOC AT 303

[edjge2] 04/8/2017 08:08

likewise but if 1270 cracks.....not Stoopid
Quite a floor at 7p
Dollar may get a Dcb on stats today but gary savage sees it possibly mirroring its rise, oil metals, silver then bull.

first and second charts

[stoopid] 03/8/2017 12:05

Being held at 7 - 7.5 going no where.

[edjge2] 01/8/2017 22:45

IF gold trots this runs.

[stockport winner] 28/7/2017 13:26

Sothic are/were Gertjan Koomen, Didier Martineau, Geoffrey Haffner, Ralph Herrgott, Alessandro Esposito, Beck, Medley.



But do any of the following non-posting readers have a connection there? It's doubtful. LOL


7 Aug 2001


13 Aug 2009


22 Sep 2016


20 Jul 2016


6 Jan 2010


18 Oct 2006


23 Sep 2001


23 Feb 2005


11 Feb 2009

[cliffo2] 23/7/2017 10:35

Probably has plans to despatch Diego Costa to Pioneer for some hard labour :-)

[tymedici] 22/7/2017 20:32

At this point in the football season, Bruce Buck needs to focus on the needs of Chelsea Football Club and their manager and team. This is far more important than a small Russian mine near the Chinese border especially if the Chelsea manager has already indicated that he needs new players to strengthen the Squad before the European campaign.

[grbaker] 22/7/2017 11:36

[Can't see the shrubs for the 'shrubbery'?????]

[haughtonhoney] 21/7/2017 21:24

Neigh.....or nigh?Or was it 'The Knights That Say Neigh'?

[shaf200] 21/7/2017 20:52

End is neigh

[stoopid] 21/7/2017 12:00

Agreed, the for the article...

[tymedici] 21/7/2017 08:48

jonboy9

Thank you for posting the 'Tempus' article from last Wednesday's edition of 'The Times'.
FWIW I think its a fairly sensible assessment of the current situation and devoid of any of the lurid accusations that frequently follow this stock. It will be interesting to see whether Pavel and Hambro decide to remain invested here in the months and years ahead or whether they decide to use their money in other ways. Time will tell.
Good luck to all holders.

[brian1944] 21/7/2017 08:44

jonboy thanks for times report

[jonboy9] 20/7/2017 22:30

This is from tempus in the times on Wednesday:Petropavlovsk's solid trading update yesterday suggested that the Russian goldminer was well on its way to hitting its 2017 production targets. Output for the first half was 232,400 ounces, up almost a fifth on the same period last year and more than halfway to the upper end of its full-year guidance. The company realised average gold prices of $1,252 an ounce in the first half, comfortably above its cost of production of $800 to $900 an ounce, and net debt was trimmed by 5 per cent.So far, so good, but all this positive news was largely overshadowed by the departure on Monday of Pavel Maslovskiy, its chief executive. Mr Maslovskiy had run Petropavlovsk jointly with Peter Hambro for most of the past two decades, until Mr Hambro was ousted as executive chairman by activist shareholders last month. Mr Maslovskiy was not targeted by the rebels - comprising Viktor Vekselberg's Renova, M&G and Sothic - but he appears to have seen the writing on the wall, anyway.Mr Hambro had argued that the old team was best-placed to complete Petropavlovsk's turnaround and to deliver growth, which centres on the development of underground operations at two of its four existing mines and the construction of a pressure oxidation hub, or Pox plant. Will the clearout at the top upset progress? The departure of a long-serving management team is likely to herald a period of uncertainty, but the old team had hardly covered itself in glory, having put the company in need of a turnaround in the first place.The new management line-up is yet to be decided, but Ian Ashby, the new non-executive chairman nominated by M&G and Sothic, is a respected industry figure. Last night, he said that Sergey Ermolenko, a company veteran, would be acting chief executive while it sought a permanent, external replacement. This should provide some continuity.Renova's intentions are unclear, amid reports that it intends to merge some or all of the company with Highland Gold, but it's worth noting that ISS, the shareholder advisory group, was persuaded to join the rebels to remove the old team.Tempus tipped Petropavlovsk as a highly speculative "buy" last autumn when the shares were at 6¾p. They are now 7p, but the upside remains. MY ADVICE BuyWHY Highly speculative, but underlying performance is good and new management could be just as well-placed to deliver potential upside.

[shaf200] 20/7/2017 09:29

Price of gold stays

[shaf200] 20/7/2017 09:28

What is the outlook for POG if POG says around 1200 to 1300 for the next 2 years?

[popeye888] 19/7/2017 15:27

good move in right direction. share price up 7%.

[stoopid] 19/7/2017 13:39

Can someone post the times article??

[donsan] 19/7/2017 12:37

Gets a decent write-up in todays Times, I've bought some more, GL

el Don

[grbaker] 18/7/2017 19:21

Probably: it would also seem to answer the question of whether or not he had anything to do with the boardroom coup.

(I wouldn't want to sell right now if I was them: not unless they knew something I didn't, e.g. about the new board's intentions/plans etc... if that makes sense...)

Nice RNS today too.

GLA.


Stoopid
17 Jul '17 - 22:49 - 46687 of 46692 0 0
GRB, I suppose it was the logical thing really? How can he stay with the new guard on board?

He would become just a puppet and have to do what he was told.

etc.

[togglebrush] 18/7/2017 12:09

Did you miss this RNS ???
'
17/07/2017 17:43 UKREG Petropavlovsk PLC Departure of CEO

[midasx] 18/7/2017 09:40

Yes shares traded 0!

[davidlloyd] 18/7/2017 08:23

Yet the share price remains dormant.....
:-/
DL

[midasx] 18/7/2017 07:25

Nothing not to like !



n 19% yoy increase in physical volumes of gold sold

n 5% increase in average realised gold price

n 5% reduction in net debt as at 30 June 2017