Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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Bit of games to be had but real potential. Buy as many as you can. Breakout coming. Gla
The statement is rather at odds with the quote in the Telegraph who have Pavel on record as saying the deal could “definitely happen”.
Pavel founded the company with Peter Hambro ... then called Peter Hambro Mining
He took a furlough period to be a Senator in Upper House of Russian Parliament
On return company was renamed Petropavlosk (Peter and Paul)
He remained during the Hambro debacle and rebuilt the company
Pavel was lost under Viktor Vekselberg but returned when Viktor left
'
Pavel knows the politics of the company and Russia.
Pavel has been the key man in developing the POX hub
Daily Trading on Friday was a one in a hundred day for volume
Stats from 31/12/2018
'
Maximum_________243,557,833___5 Nov 2019
One in 100 day__ 68,167,181____________Friday 73,323,906
Q3 High_________ 11,685,674
Q2 Median_________4,327,055
Q1 Low____________2,257,654
Minimum_____________202,501
Todays Telegraph
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https://www.telegraph.co.uk/business/2020/05/31/mining-giants-petropavlovsk-ugc-explore-merger/
Google translate
Vesti.ru
June 1, 202002: 26
Petropavlovsk and Yuzhuralzoloto may create a joint venture
In Russia, a new largest gold mining company may appear, which will also become one of the main producers of precious metal in the world. As Petropavlovsk CEO Pavel Maslovsky said in an interview with The Daily Telegraph, the company began negotiations on a merger with Yuzhuralzoloto (SGC).
“This [merger] can certainly happen, because the company [YuGK] is private, and it can happen quickly,” Maslovsky quoted the publication as saying that negotiations are still at an early stage.
Petropavlovsk is already one of the largest gold mining company in Russia. Its main assets are concentrated in the Amur Region. There are four companies of the company there - Pokrovsky Mine, Pioneer, Malomyr and Albyn. SGC is also a major player, its assets are located in the Chelyabinsk region (the existing fields are Svetlinskoye, Kochkarskoye, Bereznyakovskoye, Western Kurasan, as well as licenses for exploration and pilot production - Nailinsky, Oseysky, Altyn-Tash, Zaitsevsky), the Republic of Khakassia (OJSC Kommunarovsky Mine) and the Krasnoyarsk Territory, where the group is developing alluvial gold deposits (LLC AS Priisk Drazhny, LLC Sovrudnik).
https://www.google.se/amp/s/amp.vesti.ru/v/s/amp.vesti.ru/doc.html%3fid=3269882&_js_v=0.1&usqp=mq331AQFKAGwASA%253D#ampf=