Petropavlovsk Share Discussion Threads

[sparky333] 12/9/2017 07:53

Key for me was IRC being looked at Would help if they got shot in clearing down debt.

[davidlloyd] 12/9/2017 07:49

Good results in my view, but being played down???? Quite a different management style evident. Let's see if the market takes notice or remains cautious...
DL

[togglebrush] 12/9/2017 07:09

Financial Calendar
'
H1 2017 Results 12 September 2017

[wallywoo] 09/9/2017 10:20

That few pence has given me over 20% gain twice and I am confident of a third shaf. I am sorry people lost money here 2-4 years ago but you have to look forward now. .

[happyholder123] 09/9/2017 10:13

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[shaf200] 08/9/2017 21:15

Let's not fight over a few pence wolly... just look at the 7 year chart... yes a few coins could have been made here and there but for long term holders like me and others this has been an absolute dog of a share. .. my average share price is 13.5p... and I've got a 10 year target for a 10 fold rise.. which will take me to my retirement age of 50!

[grbaker] 08/9/2017 19:50

Some recent IRC News:

31 Aug 2017

2017 Interim Results Threefold Increase of Revenue to US$51.2 Million K&S Generated An Ebitda of US$14 Million



"
KEY HIGHLIGHTS

Financials

• Threefold increase of revenue to US$51.2 million (30 June 2016: US$16.1 million)
• K&S’ EBITDA of US$14 million
• Production and sales volumes of iron ore concentrate more than tripled:
➢ Production volume up 271% to 697,431 tonnes (30 June 2016: 188,111 tonnes)
➢ Sales volume up 218% to 698,632 tonnes (30 June 2016: 219,352 tonnes)
• Net operating gain of US$2.3 million (30 June 2016 loss of US$11.4 million)
• Loss for the period reduced 2% to US$9.7 million (30 June 2016: US$9.9 million)
• ICBC agreeing to restructure loan repayment schedule, including full principal repayment holiday in 2017
Operations
• K&S operating at around 50% capacity in June; ramp-up continues for near full capacity at the year end
• K&S diversifying its customer base with popular demand for its 65%Fe premium products
• Kuranakh care and maintenance process remains satisfactory

Commenting on the results, Yury Makarov, Chief Executive Officer of IRC said:

“A few weeks ago before this announcement was written, IRC announced that K&S had produced more than one million tonnes of iron ore concentrate since inception of the mine. This was an exciting moment for IRC and marks the beginning of the transformation of K&S from a development project to a cash generating mine. Since the inception of K&S’ production, our sales are growing daily and K&S has been cashflow positive. The Group recorded a revenue of US$51.2 million in the first half of 2017 and achieved a turnaround with a net operating gain of US$2.3 million, against a net operating loss of US$11.4 million in the same period last year, thanks to the US$14 million EBITDA that K&S generated. We look forward to improving the operating results further as K&S comes to full operation.

The ramp-up programme of K&S is moving forward. Our second quarter production figures revealed a 20% increase in production volume compared to the first quarter of 2017. At the time we write this announcement, K&S is operating at a steady production capacity of about 60% and this figure is increasing. We continue to aim at bringing K&S to near full capacity by the end of this year.

K&S continues to generate positive cash flow and as the mine ramps up its production capacity, it is on track to make greater contributions to IRC. With the com

etc.
"



Still the main drag on POG's share price IMHO.

GLA.

[wallywoo] 07/9/2017 08:21

shaf, that is not true since the restructure the share price has been range bound between 6-9p. I have traded it contuniously in that period, buying back in recently. IMO it is much more likely to break upwards out of that range than downwards, hence why I think its a good trade

[shaf200] 07/9/2017 08:03

Wolly- this dog has been down for years now

[officehead] 06/9/2017 09:41

Interim results on the 12th Sept according to POG website. This should provide us with some further details of how the new board are improving corporate governance!. As far as we know everything going to plan (the previous plan before board changes). No flooding or pit wall issues. We should get a revised forecast of 2017/18 gold production. My hope is that the new board re-iterate the future confidence PH and AV suggested in their 'vote for the old boys board' video. My concern is that their idea of improving Corp Gov is merely to restructure the balance sheet for the benefit of their biggest shareholder. We may find out next week, and hopefully the share price will reflect the progress made, with some institutional confidence starting to be restored in this company.

[wallywoo] 06/9/2017 08:25

last years dog, can easily become this years star. Quite happy to be holding this with the gold price racing ahead. POG are approximately 30% hedged at 1250, but their other production is benefiting from a higher gold price. Looking forward to the next Q3 production figures to since I am pretty sure the high end 460K ounces will be beaten this year.

Just need to hope they don't bring back the merger / acquisitions again, since they want to rerate first

[shaf200] 05/9/2017 20:50

Even with war looming.. no safe heaven in this dog

[edjge2] 05/9/2017 08:38

wallywoo noted the last revelation, bin out of this for yonks but Mal&P might boot it up.

[wallywoo] 05/9/2017 08:32

This is a big year for POG, underground at Malomir and Pioneer should come on stream now (not in prod forecast) and POX stage 1 due to start up soon too. Along with a high gold price, should make things interesting here. This has to be rerated, as long as the new management don't do anything daft

[edjge2] 05/9/2017 08:06

Gold price increase likely to gear this upwards more than most. POLY another russian down recently but recovering.
Needs 9+ for breakout Gold to 1400? then looks like it makes it

[davidlloyd] 04/9/2017 12:28

Someone somewhere seems to be hoovering these up - why else is this holding up when almost all predominantly sells.....???

DL

[seppsuess] 31/8/2017 11:40

on the German online broker L & S Lang und Schwarz a trade of 15000 stocks just made the POG jump by 8 %

[malcontent] 29/8/2017 11:31

I'm holding from sub10p buys- I see 10p as a big psychological point in the chart
will add if it breaks 10p - very speculative- and a very interesting stock- could be a big winner if the winds change and there's a change in the air

[wallywoo] 29/8/2017 11:12

With Pog you need to balance the uncertainty of Russia with a company likely to have sharply higher production in the next few years in a gold price that also likely to be much higher. This causes the low valuation, but the positive factors can and will move this higher. Expecting another run up to 9p. Then it gets interesting!

[juju44] 29/8/2017 08:41

They dont come much worse than this

[popeye888] 29/8/2017 08:36

Very worrying we are not up today.

[popeye888] 24/8/2017 17:26

More sells than buys again.