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TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake Watch Now

TSX Lithium explorer International Lithium Corp prepares to drill at Raleigh Lake
Exclusive: Hardman & Co Investor Forum - Severn Trent, Calculus Capital, Volta Finance, Residential

Member Info for soutie1974

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Member Since: Tue, 25th Dec 2018

Number of Share Chat Posts (all time): 155
Number of Share Chat Posts (last 30 days): 39

Last Posted: Today 16:39

Post Distribution over the last 30 days

Today 16:35

Petropavlovsk shareholder says Takeover Panel probe hitting business
CABS says investigation ‘casting an unnecessary shadow’ over company

One of the largest shareholders in gold miner Petropavlovsk said that a year-long investigation by the UK’s Takeover Panel is harming the company’s business and putting off potential investors.

CABS, an offshore investment trust linked to cryptocurrency entrepreneur Evgeny Khata, said the investigation is “casting an unnecessary shadow over the company.”

CABS and another offshore fund Slevin helped unseat the board of Petropavlovsk and bring back its co-founder Pavel Maslovskiy in May 2018. The move came just two months after CABS acquired a 4.55 per cent stake in the London-listed miner.

That prompted the Petropavlovsk board to ask the Takeover Panel to investigate whether the two shareholders were working in concert.

But Nikolay Lioustiger, an adviser to CABS, claimed the Takeover Panel had yet to find a “shred of evidence.”

“For over a year, the Takeover Panel has been investigating us but without apparently coming up with a shred of evidence that we, or any other entities, were in breach of the Takeover Code,” he said. “We have voluntarily given hours of interviews, agreed to hand over confidential documents and allowed access to personal email accounts, all to assist the Panel’s investigation.”

The investigation has hampered CABS’ business and ability to invest in other companies, Mr Lioustiger said. It’s also put off potential investors in Petropavlovsk, he said.

Petropavlovsk holds its annual general meeting in London today
Fri 09:55

15:00 RNS and watch them crapple to close before end of day , boom !!
Tue 11:58

You will just put a negative spin on anything anyone has to say , so it's best to leave you to chat to yourself mostly !!
Mon 07:29

I understand it to be various stages , not all of those things at once
7 Jun '19

Will1734 , This stock seems to be causing you a lot of stress and unhappiness , maybe you should sell and move on . Money isn't everything
7 Jun '19

People play games with stock , MM , shorters , traders all taking money from impatient PI . Out of all the stocks in my portfolio , JAY is the only one i have never doubted will . Frustrated , yes , but never doubted !
6 Jun '19

Pfs submitted , great news
4 Jun '19

will1734.. most transactions are 50 000 shares or less , 100 000 is a good buy , 250 000 is a very good buy and the 563 866 was excellent
4 Jun '19

Some big buys today
3 Jun '19

Current cash position 7.6 million , giving a cash burn of 1.2 million in 5 months . Plenty in the bank !!
1 Jun '19

A higher gold price changes the outlook for many gold miners very quickly . A stock that looks ok at $1250-$1300 , begins to look great nearer $1400
31 May '19

TW strikes again , bet he's making a fortune out of this .
31 May '19

Small top up again 8.97 , this will fly eventually!
30 May '19

New broker rating today, shore capital , strong buy ! Our new broker ??
29 May '19

Topped up @ 9.58 earlier ,brings my average down nicely

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