Petropavlovsk Share Discussion Threads

[spacedust] 08/3/2022 11:37

Fart you just described the entire stock market mainly aim. Well done

[undervaluedassets] 08/3/2022 11:12

That is why it trading at a fraction of Book value.

Hence low price, gifted by the madness to those that can still think straight, a bargain.

[fart_conductor] 08/3/2022 11:04

This and a few other stocks are infested with rogue mm's, crooks, demented shorters, deranged algo bots, con men, spivs, sharks, gangsters, spreadbet co's,
Apart from that it's quite orderly

[enewman36] 08/3/2022 11:04

Actually, the advertised spread is BS, the actual spread is a lot closer

[enewman36] 08/3/2022 11:03

Out of auction and still a pony spread....i'll waid and see if it tightens further

[undervaluedassets] 08/3/2022 10:55

Amaretto .. it is in auction ... it will tighten

[amaretto1] 08/3/2022 10:51

Spread not inspiring

[weemonkey] 08/3/2022 10:30

Cyberb,

Concur there are risks. But given the share price does not reflect the value of the underlying asset to the extent that it does (Conservatively NTAV per share 11.5p). I consider that those risks are in the price.

[amaretto1] 08/3/2022 10:28

Different world now ....

[cyberbub] 08/3/2022 10:26

I don't know much about POG although I did look into them a few years ago. 3p seems ludicrously cheap, but I suppose the risks in the current environment are (a) that they might be blocked from selling to the West by sanctions - IMO they can still sell to the rest of the world, (b) they might be nationalised by Putin without compensation, (c) they might not be able to export their earnings, (d) they might be forced to convert their $ earnings into increasingly worthless rubles. So there are headwinds for sure...

[weemonkey] 08/3/2022 09:53

Gold and the gold price is indifferent to the current tragic conflict.

A company that has produced 8 million ounces in its lifetime and that produced 540,000 ounces last year is worth more than the £146 million market cap.

[amaretto1] 08/3/2022 09:30

It was shorts closing !!Easy to buy ...Bought 1 million at 1.2 Not easy to buy today ...Not that iam .. sold half ... free run now

[undervaluedassets] 08/3/2022 09:27

As I said The panic selling on Friday created a crazily cheap asset.

420 million shares traded on that day in a blind panic. What left behind was a very cheap gold co..

At one point on Friday Market cap was half the profit estimate for 2022. I have never seen that ever happen with any share.

[mister md] 08/3/2022 09:26

up 100%

not selling

in fact, just added a few at 3.7p

[amaretto1] 08/3/2022 09:19

I'm running for free ...So not fussed what happens short term

[stark industries] 08/3/2022 09:18

Even at 10p which is a 300% rise from here this share is still down from 30p.Multi multi bagger. 10p easy

[spacedust] 08/3/2022 09:17

Just hold. You'll kick yourself once this isnin double digits. At this rate 12p end of this week

[undervaluedassets] 08/3/2022 09:12

You have to keep trying ... It has been in and out of auction all today and yesterday.

If you try to buy at the wrong time you will not get your order filled.

[spacedust] 08/3/2022 09:09

Not just ig. I couldn't buy either. Which is why im not trading this. Lots ofctree shakes to 12p

[stark industries] 08/3/2022 09:09

This is a hold all the way up to 15p Just ride the ups and downs as it will value out before it crashed by the forced panic sellers and the shorts that have closed out last Friday

[luckyabbeygale] 08/3/2022 09:07

This is robbery how ig index did not let me buy them. Only ig markets that I do not have an account with and all my money is in ig index and cfd's.

[spacedust] 08/3/2022 09:06

I sold my 1.2p at 1.6p onky to have bought back at 1.8p. I am not trading this. I will sell at 50p. Laat time gokd was 2000 the price went to 65p

[undervaluedassets] 08/3/2022 09:05

As has been reported on this board Max in IR has said the company is trading normally. Max Zaltsman is a very personable and straight-talking young man

I am sure that is right; they are just getting on with the business of processing ore. Whether conventional ore or in the POX Hub.

[luckyabbeygale] 08/3/2022 09:05

You did the right thing. As in the long term all Russian stocks will be suspended or the Russians will just take them off us.