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You haven't got a clue what you're talking about! EV batteries are good for 100,000 plus miles and are warranted for typically 8 years. There are plenty of tesla on the road with 300,000 mile son them. National grid have repeatedly stated it is fit for purpose. EVERY house and business and street and park in the country has that oh so rare fuel you say will be scarce, electricity. There are already more charging points (even with the sub 1 mill EVs on the road) that petrol stations and loads are being built.
Ultimately, get an EV or go back to horse and cart. Petrol/Diesel is DEAD, even the Saudis understand that.
Does anyone have a copy of the POG articles of association, or no what the % vote most be for a majority shareholder, say Strukov, to force the sale of minority shareholder, such as us, and at what minimum level, relative to recent prices? I'm now down nearly 25% on my 150k shares, after being up nearly 50% a few months ago!
Meeting "went well"via what context exactly, did you manage to watch the webcast?
Share price has not reacted to it ending at all..
UDF. Except that most of the 3rd party concentrate seems to come form your mate Strukov, who seems to only have bought in to POG and ousted the board of that time to try to take overall control and to push more of it through POX, at the detriment to POG and shareholders.
Despite you continually moaning about Pavel and co, and Lawenrce the opposite, I've seen NOTHING of benefit from the recent board changes, which you seem to think is great somehow, nor even the new (potentially good) MD. Just continual downward drift of the share price. And you attitude to 'get rid of more staff' is based on what inside expert knowledge of the staffing numbers for this business exactly??
So you're saying when the price went up it was down to the gold price, but when it goes down it's the old management?
Considering how corrupt Russia is, the charges against Pavel could be entirely trumped up. UGC seem more like the mafia. Sounds like the new MD is a sound bloke, with decent actual mining co experience, but can he actually do anything useful here??
I seem to remember POC owned part of them, they were an accountancy or technical company that did work for others as well, so POG managment and their heavies didn't have the right to barge in. It was commented on here back in Aug just after the new manager took over.
This CCTV 'news' was regarding the incident on 26th August, and from memory it was not POG H/O but a part-owned subsidiary's office, where he and associated thugs had no actual right of access. Old news..
Yeah, just had rns emailed, just in time to hopefully stop the rot after a 6% fall today for no apparent reason. Or could this be the reason..?
Another 5% and my stop loss would have kicked in causing me to dump 155k of shares!
The way I read it, POG only had a 20% share holding in this company, so he was not the owner or new CEO (interim or otherwise). This sort of lawless crap and thuggery has no place in a FTSE250 company and could easily scare of any institutional investors or at least paint POG in an even poorer light.
In one of the key votes, the vote was 50.5% for and 49.5% against, so those against UGC/Everest are not that much in the minority.
Let's see how they get on then i guess.
I see Dr Alya Samokhvalova dumped £150,000 of their shares on Friday, insider knowledge ahead of the result..??
Following the vote, the board comprises of: Mr James W. Cameron Jr, Mr Maksim Kharin, Ms Charlotte Philipps and Mrs Katia Ray.
Have any if them served before (other than maybe being voted in at the AGM and then kicked out a few days later? Have any of them any financial/governance/mining experience? Who is/will be/acting as the CEO, one of these or an outside appointment??
6% extra share in circulation as of today, and UGC selling some it seems, hence downward pressure on two fronts to the share price today?
Approx £79m of shares should be issued today to cover the last two CB conversions, so would we expect a 6% drop in share price due to dilution, or will that be offset somewhat by the now lower debt level?
No RNS yet, but share price spiking upwards implies someone knows the result..?
I believe the hearing was yesterday, but the judgement was postponed to 2pm today, in which case it should just be a simple matter of the judge delivering his decision..
Anyone care to comment on why the share price is down another 4% today, including falling below the recent rise to 30 and back to around 26? I would have through that the 'support' of Prosperity's move and the hopeful legal outcome confirming the temporary board was legit, would keep it holding around 26 and then start it heading back, slowly, towards 30p+?
Looks like panic selling by PIs, maybe it'll be a great opportunity to buy more..
I have 250,000 shares in my HL SIPP and ISA and got no corporate action notice or option to vote, has anyone else with holdings via HL had any voting facilities??
The current price of IRC is 0.068 HK$ per share, equivalent to 0.0088 US$ (or 0.88 US Cents). Selling 2,120,922,527 shares for 10 million US$ is a sale price of 0.47 US Cents per share, so we're selling IRC at a near 50% discount to the market??
Sounds like a crap deal!