Petropavlovsk Share Discussion Threads

[stoopid] 29/12/2017 09:13

There are no institutions buying in.....

[gilotron] 28/12/2017 14:22

I'm thinking of buying some more here I like these insti's buying in. With the volume of gold we produce we will be best setup if pog continues up.

[cromwell the avenger] 28/12/2017 11:24

Yes, once the debt burden begins to lighten the value of equity contained within should rise as a consequence, ceteris paribus

[haughtonhoney] 28/12/2017 11:20

I would be more inclined to say that these are rather exciting times.

[cromwell the avenger] 28/12/2017 11:16

What a crying shame that the debt burden continues to strangle the equity stake of shareholders.

[gd4beg] 28/12/2017 11:15

The Interfax news agency reported that the 22% stake in Petropavlovsk was purchased by Kazakh businessman Kenges Rakishev, the former largest shareholder in Kazakhstan's Kazkommertsbank and a co-owner of Kazakhstan-focused base metals producer Central Asia Metals via his Cyprus-based firm Fincraft Holdings.

[stoopid] 28/12/2017 09:42

Fincraft Holdings in Cyprus appear to have aquired shares and bonds to take their holdings to the equivalent of 966,239,867 shares/bonds which is 29.25% of the company....

[stoopid] 28/12/2017 09:38

VTB bank AG (Deutschland) appear to have aquired 300m shares (9.08% voting rights)

[stoopid] 28/12/2017 09:36

Renova assets Ltd disposed of 483,992,987 shares. As a result of the transaction Renova assets LTD, Renova holding Ltd and TZ Columbus services Ltd have no interest in POG.

[stoopid] 28/12/2017 09:33

Joint stock company Metkombank has disposed of 145,075,249 shares and has no interest in the shares of POG.

[stoopid] 28/12/2017 09:31

Lamesa Holdings S.A. disposed of 111,497,249 shares and convertible bonds issued by POG for a total consideration of US$28,277,000They now have no interest in POG.

[stoopid] 28/12/2017 01:02

Renova dumping? Or aquiring more?This is worrying, in 5 years POG need $500m to pay off the new bone issue, not to mention a further $100m in 2019 to pay what's left of the last bond debacle off. That's $600m POG have to find in the next 5 or so years to clear debt.Otherwise it's a new debt crisis for them question is what's going on behind the scenes now. Take over? Buyout? POG share price should have recovered significantly more by now if everything was going as swimmingly as they are making out.....

[srpactive] 27/12/2017 14:45

Correct me if I am wrong but it would appear some
major shareholders have reduced by 27.9% of the
company, now who has bought. dyor

[officehead] 22/12/2017 13:10

Company announcements calendar for 2018 on website - 23rd Jan for next update. Can access on 'Key Dates' link above.

[davidlloyd] 22/12/2017 11:26

Looks to me as though someone is playing flash trading games here? Price action (lack of, and then lot of independent of 'buys' and 'sells') of late is very strange indeed.....
Enough to make it seem that this is being controlled by trading patterns rather than demand...WDIK and all that....
'tis bizarre in my view.

MCandHNY
DL

[wallywoo] 21/12/2017 08:10

bambo, with the debt now sorted for a few years, POG can concentrate on expanding production, with POX, underground etc. Would expect this to reach 700K ounces per yr in 2 years. Is $500M too much debt for a gold miner of that size? Certainly not IMO and especially if the gold price rises stongly (Which I expect it will).

I think a divi will will paid in 12 - 13 months.

[bambo1] 20/12/2017 23:44

A big chunk paid off the debt takes priority over a divi in my view.

[stoopid] 20/12/2017 20:25

Looks like more good news is needed, that will be regarding underground and POX progress. What would really get this going would be a reinstatement of the divi......

[bambo1] 19/12/2017 11:19

may just be that everyone is waiting to see what the new guys do next and is it going to be beneficial to all of us or just themselves. Guns on the ready.

[peterg40] 19/12/2017 01:28

After the events of the last month, bottom line I have to ask myself , simply, is this good or bad news for us PI,s going forward, or are we going to get shafted in the long term?The only small consolation I take from the current situation,is that the share price isabove the 7.07p, which it opened atafter the AGM, when the new Board took control in late June.Relevant or not who knows?

[bambo1] 18/12/2017 17:11

it certainly looks like someone is holding back the share price for whatever reason and it makes me feel very uncomfortable. I feel this is not going to end well.

[stoopid] 18/12/2017 15:38

Who knows wtf is going on here. You would have thought with the bond issue, the increased grading from the bond agencies and all the good news coming out we may have expected some sort of rise. Well at least it is still hanging on in there at around 8p.....

[bambo1] 18/12/2017 14:29

what a surprise, this stock in my portfolio is the only one thats down.