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Is it just me who has lost them all
Thurs 15 39 is the last post that I see
GL
The "debt payment / restructuring RNS" is the big one so stay around
Its coming very soon
It could be today
GL
https://www.rt.com/news/554304-uk-waiver-sanctions-russia/
Probably only for gas but it shows waivers are happening
GL
Did try to tell you first thing!! ...the hope should now be reality unless the MMs play hold up
Optimism rules
GL
Q1 2022 Production and Sales Report
Petropavlovsk PLC ("Petropavlovsk" or the "Company" or, together with its subsidiaries, the "Group") today issues its sales and production results and corporate update for the quarter ending 31 March 2022 (the "Period" or "Q1 2022").
Mr Denis Alexandrov, CEO, said:
"Petropavlovsk achieved its production targets in the first quarter of this year, with higher output from Pioneer, aided by its new flotation plant, and 3rd-party concentrate offsetting expected lower production at Albyn and Malomir due to lower grades. Despite the conflict in Ukraine and related sanctions that have led to various challenges at the corporate level, our mines operated without disruption throughout the period. In this rapidly changing environment, we continue to monitor the situation to take all necessary steps to ensure the continuity of our business and compliance with sanctions, and to plan for contingencies that may adversely impact our operations."
As a starter !!
GLA
But for the UT yesterday was a 25% up day
The thoughts of individuals on the board will come to light soon with next RNS on the immediate repayments. Until then it's a wait but not for long.
The trading date should be interesting but it is historical however it will give insight.
Another Blue day today would be nice going into the weekend and for Monday. April 25th
As per RNS
"repayment BY 26 April 2022 of, in aggregate, approximately US$$87.1m (including accrued interest) due under the Group's Russian subsidiaries' revolving credit facilities".
That payment could happen today, Monday (or Tuesday?) as I don't expect suspension or delisting.
GL
Read my 07 47 post from this morning and Jayzaround posts last night for some thoughts on the matter and go into certain threads.
GLA
Jayzaround ....great posting last night and your optimistic outlook, as well .... a great number agreed with the comments judging by the number of recommends. Well done
GLA
Refreshing my comments from yesterday morning when the doubters came to town ... and continued throughout the day
Still optimistic for shareholders here
Threads
Expect another RNS very soon !!
Buy out coming !!
Starting the morning with a company fact
1. POG is a UK listed company with operations in Russia
UMMC has a strategy for major growth
UMMC is a private company
UMMC wants to increase its exposure with gold
UMMC is in a strong revenue position --multi billions
POG is in a "weaker position"
A Buy out or merger is on the cards
Hold your shares or buy more
2. POG is a UK listed company with operations in Russia
UMMC has a strategy for major growth
UMMC is a private company
UMMC wants to increase its exposure with gold
UMMC is in a strong revenue position --multi billions
POG is in a "weaker position"
A Buy out or merger is on the cards
Hold your shares or buy more
3. The RNS is a first one of two and maybe three if you include the one last Thursday
The big one is the next one .... sanctions overcome!
Advisors were appointed before the Easter Break to come up with a BEST solution knowing POG's KNOWN situation
APR 14th RNS
The Company has appointed AlixPartners UK LLP to assist the Board as it explores its options and determines the Company's course of action in the best interest of all stakeholders, including creditors and shareholders. These options include the sale of the Company's entire interests in its operating subsidiaries as soon as practically possible.
4. Confirmed by the company, yesterday, that the law applies to Russian domiciled companies with listings abroad and NOT to the likes of POG which will continue to trade.
Hold onto those shares
GLA
Good thinking
https://twitter.com/SirPhilBauss/status/1516708232512815105
GL
8.74 rou 5.69% up..... 8.4p
Moving towards that business plan for liquidity of its gold assets and finances but as always at a cost which is better than any delisting that's for sure
Hold onto those shares or BUY
GL
POG is a UK listed company with operations in Russia
UMMC has a strategy for major growth
UMMC is a private company
UMMC wants to increase its exposure with gold
UMMC is in a strong revenue position --multi billions
POG is in a "weaker position"
A Buy out or merger is on the cards
Hold your shares or buy more
GL
Maybe a merger
GL
HOLD or BUY
MOSCOW. April 19 (Interfax) - Ural Mining and Metallurgical Company (UMMC) is looking for acquisition targets in Russia's gold mining industry, national daily Kommersant reported on Tuesday, citing sources.
UMMC's deal to acquire GV Gold has stalled and will probably fall through because the parties cannot agree on a price, the paper's sources said. Interfax sources in the industry said the same.
The Federal Antimonopoly Service approved UMMC's application to buy GV Gold back in January, but there has not been any news on the deal since then.
UMMC, which specializes primarily in copper and zinc production, already mines about 4.8 tonnes of associated gold per year, the Russian Gold Producers Union estimated, without including possible processing of feedstock on a tolling basis. If it managed to close the deal to acquire GV Gold, one of Russia's top ten gold miners, UMMC would rise significantly in the ranking of Russian gold producers.
UMMC is one of Russia's largest producers of copper, zinc, coal and precious metals.
https://interfax.com/newsroom/top-stories/78332/
GLA
The RNS is a first one of two and maybe three if you include the one last Thursday
The big one is the next one .... sanctions overcome!
Advisors were appointed before the Easter Break to come up with a BEST solution knowing POG's KNOWN situation
APR 14th RNS
The Company has appointed AlixPartners UK LLP to assist the Board as it explores its options and determines the Company's course of action in the best interest of all stakeholders, including creditors and shareholders. These options include the sale of the Company's entire interests in its operating subsidiaries as soon as practically possible.
GLA
Its here
GLA (well some)
Coming earlier than initially planned
https://www.ugmk.com/en/about/strategy/
GLA
Advisors were appointed before the Easter Break to come up with a BEST solution knowing POG's KNOWN situation
APR 14th RNS
The Company has appointed AlixPartners UK LLP to assist the Board as it explores its options and determines the Company's course of action in the best interest of all stakeholders, including creditors and shareholders. These options include the sale of the Company's entire interests in its operating subsidiaries as soon as practically possible.
GLA