Trans-siberian Gold Share Discussion Threads

[corrientes] 08/6/2021 07:24

Anything Russia related = theft, they're even blatant about it. After all, this is the backbone of the country, and probably always will be. No surprise here so move along. Now what do I do with the cash ? I know, buy another Russian gold miner !!!

[zangdook] 08/6/2021 07:16

"Attractive dividend" but "the Board is unable to recommend a final dividend"

[glawsiain] 08/6/2021 07:13

theft by bod

[ali g2] 08/6/2021 07:08

Those results would have made me very happy 12 months ago! Livid now!

[corrientes] 19/5/2021 14:46

There is no doubt in my mind that Russian and related gangsters will never do anything that involved honesty when it comes to acquiring companies and their assets. To think that Russia was a Communist country not so many years ago. LOL. They should never have turned Commie for they'd have been where America is now. The difference between USA, Russia and China gets less every day.

[metis20] 19/5/2021 13:51

Https://www.londonstockexchange.com/news-article/market-news/trans-siberian-gold-plc-regulatory-approval/14983734

[p@] 04/5/2021 08:15

RNS Https://uk.advfn.com/stock-market/london/trans-siberian-gold-TSG/share-news/ODDO-BHF-Asset-Management-SAS-Form-8-3-TRANS-SI/84995913

[ali g2] 29/4/2021 08:00

We were robbed!! Game over!

[p@] 28/4/2021 15:28

Life in the old mine yet!

[zangdook] 21/4/2021 08:10

you almost wonder why they bother.

[troy] 21/4/2021 08:02

A very good operational update. No wonder Sviblov wanted to get it through quick ! hTTps://uk.advfn.com/stock-market/london/trans-siberian-gold-TSG/share-news/Trans-Siberian-Gold-PLC-Q1-Production-Operations/84874752

[p@] 21/4/2021 08:01

https://uk.advfn.com/stock-market/london/trans-siberian-gold-TSG/share-news/Trans-Siberian-Gold-PLC-Q1-Production-Operations/84874752 good results!

[zangdook] 12/4/2021 07:28

So UFG are buying some back cheap as a short-term trade, apparently.

[kaos3] 25/3/2021 04:29

thanks stevea - interesting

[stevea171] 24/3/2021 21:33

Russian miners are being hoovered up Alex Hamer March 24, 2021 Miners with assets in Russia’s far east are getting picked off the London Stock Exchange like teenagers in a horror film. First was Highland Gold Mining last year, then the offer came in for Kaz Minerals (KAZ) – which has the Baimskaya copper project in Russia’s Chukotka region – and now Trans-Siberian Gold (TSG) shareholders are being offered 118p a share for their holdings in the company. Vladislav Sviblov, who also took over Highland, will pay just over £100m for the 40,000 ounce (oz) a year gold miner, and has already sewn up over 50 per cent of the shares through an agreement with Trans-Siberian’s major shareholder UFG Asset Management and two directors who have worked for UFG. Trans-Siberian's low free float means it has never had high trading volumes, but this deal signals a trend that shareholders need to keep an eye on. London has a fraction of the mining stocks listed elsewhere, although they are better quality overall than Toronto’s venture exchange chancers and Australia’s lifestyle explorers. There is a link between these deals aside from the geography: Russia’s second largest bank, VTB. While it would seem obvious such a large institution would work with plenty of mining companies, these deals are being done through its London office. Who could be next? With the gold price well adrift of last year's highs, one mid-tier London-listed gold miner is trading a third lower than in September. This company also operates in Russia’s east and has a few familiar faces involved: Petropavlovsk (POG). Petropavlovsk is now run by former Highland boss Denis Alexandrov, who took over in December. Sviblov was a minor shareholder until last year, but the obvious buyer is fellow gold miner Uzhuralzoloto Group of Companies (UGC), which was instrumental in rolling the board last year and has an existing relationship with VTB. VTB’s involvement in London's previous mining transactions was critical. It served as adviser for Sviblov’s company Fortiana when he bought Highland and for the Trans-Siberian offer, and lent the Kaz buyers $3.5bn. The two key London-based bankers behind the recent deals did not respond to a question on whether they are currently working with UGC. There are some factors that make Petropavlovsk less likely a target than Highland or Trans-Siberian, however. It has a few more combative shareholders, as seen in the fight over the board last year, where UGC and combined 12 per cent shareholders Everest Alliance and Slevin voted out previously resurrected chief executive Pavel Maslovskiy. The company also carries a one-third stake in iron ore mining group IRC (HK:1029), which it has been unable to offload. The miner also added a Moscow listing recently, although this process began under the previous management. A smaller company like the private GV Gold could be an easier target, or bigger player Nordgold could be a factor in any mergers. Nordgold, owned by Severstal chairman Alexey Mordashov has recently looked outside Russia for assets, however. Roadblocks aside, Petropavlovsk does have the lusted-after pressure oxidation plant (POX) that unlocks previously unrefineable refractory gold ore. UGC proved it was more than just interested in holding the company as soon as it took the 22 per cent stake last year (now 24 per cent, says FactSet), and Maslovskiy said a merger was possible. Fellow shareholder Prosperity Capital and former deputy chief executive Alya Samokhvalova claimed the move was made so UGC could take over Petropavlovsk without paying for it. Given VTB backed the in-progress Kaz Minerals takeover – and the potential payday that might come its way in raising $8bn to build a new mine – financing a Petropavlovsk takeover might breeze through the risk committee. https://www.investorschronicle.co.uk/news/2021/03/24/russian-miners-are-being-hoovered-up/

[zangdook] 24/3/2021 14:17

Whatever it is that persuades major shareholders to sell worked on Abramovich at HGM as well as on UFG here. Whether that means the buyer has got the nod from Moscow to consolidate gold mining and/or to bring control of foreign-listed miners home, or whether it's just oligarchs repositioning themselves in back rooms, I won't hazard a guess.

[bmcb5] 24/3/2021 12:49

I have to wonder whether certain parties have used the recent H&S investigation to apply pressure on the management team to sell cheap. Let's say that the initial findings of such an investigation would deem the current management to be incompetent, and they would have their licence revoked. The only way to avoid this would be to agree a sale which brings a new management team in. All idle speculation, but... (and it no longer matters to me, so please don't accuse me of anything sinister, I'm just sharing thoughts)

[rjmahan] 24/3/2021 00:07

Give me evidence it’s bent...till then it’s an unwise sell but still their choice.... Hold some, wanted big profits, it’s disappointing, but happens.

[rjmahan] 24/3/2021 00:07

Give me evidence it’s bent...till then it’s an unwise sell but still their choice....

[mattjos] 23/3/2021 18:50

Demand incredibly strong for the shares ... i am beginning to wonder if the market is starting to speculate about a counter-bid emerging here.£1.18 is daylight robbery for the company ... £1.50 would still be dirt cheap.Presumably, if a counter-bid does emerge, it will be A N Other Russian miner & there are no shortage of those.Have sold a large chunk at 114.6 but, i have kept back some shares on a just-in-case basis as there is still a long runway between now and deal-completion date.Would not be at all surprised if there was some horse-trading going on in the background.Nothing more than gut-feel but, i think may be wise to keep a few back for now.

[troy] 23/3/2021 09:42

Alexander Dogorov gets 2,297,988 shares. Nil Paid . Amongst others. hTTps://uk.advfn.com/stock-market/london/trans-siberian-gold-TSG/share-news/Trans-Siberian-Gold-PLC-Form-8-OPD-Trans-Siberian/84643012

[zangdook] 23/3/2021 07:28

Oops! Can't do without their incentives! We've lost ours but wtf do they care.

[nickwild] 22/3/2021 11:10

more big buys/CFD's at circa 114.5. About 3.5% of stock by my calculation