The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
What is SBRY's NAV to SP, 50%?
Worth more than $500M ??
Significant Assets
Petropavlovsk has three active gold mines: Pioneer, Albyn and Malomir and gold licences which cover an area of more than 3,200km2 in Russia. The mines are a mix of open pit and underground, with c.15Mtpa ore processing capacity in addition to the 500ktpa potential of the POX Hub. Petropavlovsk today has a long-life mineral resource base with high expansion potential.
Who knows the value of POG's ground assets? What are they worth if sold on open market? Plus what is the value of POG's refinery? What is total NAV of company?
I'm underwater too as bought in the placing. I have 48,000 shares but have held throughout becuase this isn't a COVID "punt". Abingdon had good earnings history pre covid and makes a lot more than just covid tests. It has all the makings to be the market leader in diagnostics manufacturing. This for me is a multi year hold. We will see £2 a share in 2024
You sound a bit ****** against russians big-blue. Think you need to clam down a bit. This is a company that mines gold, not an army
The kind of news that we want as LTH's. More non-Covid tests being produced. Everyone who bought in early thought they'd turn a quick buck on this as a covid stock but Abingdon's been around a lot longer than the over night C19 rubbish. SP pumpers want instant results to sell out with a 20% profit but they struggle with ABDX. It's something I've learnt about the BoD, they do not pump the stock. When there is good news they tell it. If there's nothing to say they stay quiet. My confidence in the company is growing. GLA
I'm taking a fairly more optimistic view now than a short while ago. For us LTH's it's disheartening to see the SP drop but when you think logically about the way the company is building you can see why this is shaping up to be a winner. There's no "pumping" from the BoD. Just info as and when it comes but orders are coming in, slowly. This time next year if we have the £2.7M contract just announced, plus the Vatic EUA, plus DHSC money, plus other contracts that come in we could be turning over £10m + p/a that's mostly profit. How can the 12m market cap be justifiable then. Simple, it can't! I'm ignoring the SP now unless it goes much lower, in which case, I'll buy more!!
Can anyone tell me if when poly sells it's gold if it does so in roubles or dollars from it's russian mines? As with rouble strength wouldn't that mean poly get less on russian gold compared to previously as gld priced in usd? Will this affect their profit negatively? Or does it not make a difference?
I've been a holder here for what seems like a very long time. I'm 50% down and this is the only red stock in my portfolio (which under current conditions is miraculous). I've been holding on for DHSC payment and Vatic EUA approval and will continue to do so but I'm also setting a time limit for these things to happen. If we don't receive gov money and EUA by August I'll cut and run. I've seen guys holding on to stocks for 2/3 years waiting for something to happen and nothing does. How do we start to ramp up pressure on the BoD to give us news. DHSC case outcome should be end of this month. We should get news immediately, right?
We're finally getting the pulse we all hoped for HD2U. Had to use the defibrillator a few times but it's finally starting to beat. A good RNS saying DHSC money received and us LTH's will be very happy
I love pig. Always keeping us on our toes