Petropavlovsk Share Discussion Threads

[fuji99] 10/3/2022 11:31

The problem is suspension as the common denominator is "supplying the Russian was machine" either by steel (EVR) or by hard currency via gold (POLY). The logic will reach POLY for sure. This is the main problem: Anything connected to helping the Russian machine.

[amaretto1] 10/3/2022 11:11

It will never come back !!

[mister md] 10/3/2022 11:10

Evraz 'temporarily' suspended 'in order to protect investors pending clarification of the impact of the UK sanctions'

[luckyabbeygale] 10/3/2022 11:09

Putin will now have to take all AMC, EUA, POLY and POG assetts away.
This is why I did not get carried away with the massive ramp that was unfolding here.

[stallone10] 10/3/2022 11:07

Not looking good

[amaretto1] 10/3/2022 10:51

This is a screaming SELL !!!

[stark industries] 10/3/2022 10:51

This is a tuff call Suspension could also play here I've closed my position and thank you for the heads up Ameretto

[robizm] 10/3/2022 10:47

Evraz suspended can non longer trade on halifax

[stark industries] 10/3/2022 10:45

Your answer :Bid, Ask, Sell Look at the spread

[amaretto1] 10/3/2022 10:34

What for ?Suspension

[stark industries] 10/3/2022 09:44

Hope no one got shaken out !It's cheap and we all know it.Many will come to give their narrative to give you doubts This is a rare opportunity GL

[mister md] 10/3/2022 09:42

added 2 lots. Easier to sell in size than buy, interestingly.

[amaretto1] 10/3/2022 09:22

Get what u can out imo

[amaretto1] 10/3/2022 09:19

It's far far too risky !!!Get out now imo Oil garths all just sanctioned Including Chelsea owner

[troy] 10/3/2022 09:06

I think the problem here is that block of 29% controlled by Region (ex Strukov). They only have to buy a few in the market to take them over 30% and can then mop up the rest for the highest price they paid per share. Strukov's was obviously a distressed sale.

Personally, I can't see them waiting for a share price recovery and then buying the extra couple of % they need and then making an offer for the whole company at a much higher price. What would be the point ? You might as well lo-ball now.

With that said, that's sticking to "normal" rules on a level playing field. We're not on a level playing field, and the downside could still quite conceivably be 0p

I don't hold and haven't done for quite some while :-)

[spacedust] 10/3/2022 09:04

Cannot get past 3.2p. Has been sold at that price i wonder

[comedy] 10/3/2022 08:53

well I've been buying yesterday and today. big buy in system??? as will take large sell in a trade???

[mister md] 10/3/2022 08:24

not sure if the gold price movements are of much relevance here at the moment, POG is priced as a binary bet currently. Reading back through this thread some very good posts from (ex-) longterm holders about POG and it's Russian shareholders & leadership - would be interested to hear if they feel it is currently worth the risk at 3p ?

[stark industries] 10/3/2022 07:48

Not connected to us here at POG but at POLYJust to underscore how oversold this was - despite a whopping +69% bounce yesterday, the daily RSI is still only at 22-23, i.e. still heavily oversold and very capable of bagging in a straight line even after yesterday's cracking rise.Let's see what the day brings but the US closed at 186p (you may recall I mentioned that number yesterday) last night - I suspect we could see north of £2 today, maybe even £3, if the heavy big buying in the last half hour before the bell yesterday was anything to go by.The latest US CPI number at 13:30 today remember - that could have a marked impact on the Gold price as it's expected to be big plus re the new Basel 3 rules, banks only have until the 31st March to buy their physical Gold otherwise they're locked out of the paper dumping market as they have to have 85% physical backing to their paper dumping games.Maybe we'll get the divi, maybe we won't but even if it's only half the suggested 40p it's still a >10% bump in return here from under £2 - most people are here for the vast increase in stock valuation though of course following a classic butchering by Blackrock & co (I see they're dropping more nonsense TR1s today - don't take a blind bit of notice - they're total BS and aimed at PIs ...) so the divi is just a nice-to-have bonus.Re the comparison with Centamin - clearly this should be valued significantly higher than Centamin based on just the Kazakhstan Gold & Copper resources (same 12m oz of gold at around 5x the grade and all of it already in production), completely disregarding anything in Russia, so I'm pretty confident of seeing those £5/£8 targets come to fruition at some point and maybe double that if you hold on long enough as the Russian stuff gets sorted out eventually - of course, if you don't hold on then it doesn't matter if those prices are seen or not ;)

[midasx] 10/3/2022 07:23

Thanks apple, yes, I still have City Index running and grateful for it!

CMC and LCG forced closure at the worst possible time for investors @ 2p.

As POG confirmed yesterday they are a UK domiciled company and sanctions should not apply. We will see what the FCA make of it eventually!