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I still want the letter written. Thought you were producing something. I will happily send.
Do I trust them? It’s for them to win trust but if they have enough control do they really need our trust.
One thing I have learnt, what ever we say on here it changes nothing in the grand scheme of things. Maybe the letter will get a response or some level of action. We just need to agree the content.
If enough of us banded our shareholding’s together could we request as a group to add a board member to work in our interests rather than the current format of looking after one shareholder. Lol
All I am saying is its not going bust any time soon and things continue to improve as the floatation plant kicks in and the POX Hub is producing our ore.
Even if we only get 10 Million for IRC then its 10 million back and the loan guarantee is off books books.
Don't get me wrong I don't like seeing a falling share price.
We just need to take advantage of the gift horse price being offered to us now.
H1 update is soon.
It’s odd I can see the share price falling but am not concerned. The company is recovering, gold is high and looking to move higher over the next few years so money to be made, flotation plant should be a game changer like the POX Hub was and is.
Even if we only get 10 million for IRC then that’s 10 million extra in the bank or cut to debt. Then we can rearrange our loans to a lower percentage.
It not all bad news. Hopefully the market makers turn a corner soon. Hopefully with the H1 update due soon.
Is anyone else thinking of adding? Or is it just me?
Dear Rusty,
I agree with your points. Still think its worth writing highlighting our concerns at least and asking some probing questions. For example I would like to know all requests made by UGC to POG to be fully disclosed. Especially if they have influence. They like us do not own the whole company so we should all be treated equally and fairly. decisions should not be made to assist 1 shareholder or person.
Dear Rusty you have also been around for some time with this share. Lets all pull together to make sure our letter delivers a message.
Do you think its worth sending a copy of the letter to major shareholders who are likely concerned alongside us. They may send the same letter or similar, adding to the number of shares asking for a response and better deal for IRC.
We should also highlight our concern with the falling share price. Or is that a separate letter.
Thank you Lawrence13.
Its probably worth us all adding screen shots of our holdings, as our shares are probably held off grid in some way. obviously we should redact anything sensitive like account numbers etc.
Letter should include concerns, questions on options and what is being done to review options of getting a far better deal.
I am looking forward to sending my letter. I have shares held in my ISA and Trading account. I'm even considering adding to my holding before sending, as this price is so cheap now.
Between us we must have a few million shares. They cant ignore us.
Dear Lawrence,
I am with you. As you seem to have a good grasp please propose an IRC letter that we can all copy and paste.
Can I request you make a space for us to add our personal details and share holding/s. This will only be disclosed by each of us to POG when issuing our letters.
If enough of us write with the same request then they have to respond.
CofE
Its on Reddit! believe that's the website that sent Game and AMC into space when others were working against small shareholders. I remember seeing hedge fund mangers who had shorted the stock going bust after trying to run it down to nothing to profit. They were all quite upset when it went against them and there devious plans.
Is anyone a member of the website Wall Street Bets? just asking.
Has anyone got access. Will it be posted after the event to listen into after?
If anyone does have access can you please send details of what's being discussed and outlook please.
Can anyone get access? getting the IVC number is proving impossible. Plus why the need for an IVC unless you don't want people to attend.
What do they think will happen? loads of people with no interest in the company joining a meeting that will mean nothing to them?
Dear Rusty,
You two use to get on so well. The way I see it you both still have an amount on POG and want it to go well. I like you agree POG could still be great so I still hold and actually added not so long ago. I really do hope things improve for us because let’s be honest we are in a better position than we were in September 2020.
We just need a good RNS. Refinancing could be it, debt levels could be it, flotation plant results could be it, a combination of all. Who knows but something has to give because Gold long forecast is above $2,000 for years to come.
Yes it’s being reflected in the share price.
Was thinking I would be happy for Pavel to have 150 million if the share price was back at 41.6p
Honestly how can anyone say this new group are good. They are filling up as cheap as possible and will then make an offer. Plus they are over seeing a collapse in the share price.
Makes no odds while the new board attack us from within. Gold could be $3,000 and we would still make a loss. Or they would declare they forward sold the gold to UGC for $1,775 lol.
It’s just a joke and the regulatory bodies are useless.
Like lots before me and after me have said “this is undervalued”. Why is it so low and when will it rise. Why is sentiment so low. After 5 years in a lots of top ups to over 6 million shares I have the answer.
Yes it could and maybe should be a lot higher but we have one thing against us. This started trading on 30 April 2005 over 16 years ago. In that 16 years they have not mined gold, graphite, ilmenite, copper or even gravel. No project has been delivered. This is the problem, this is why the market makers are holding back.
It’s simple take your best project with the best hopes and deliver. Even half deliver and this rises. With the proceeds move to the next project with the best hopes.
George needs to deliver.
Like lots I am still confident this could and will happen. Hopefully within a year.
Why take a lower bid? With worse terms.
We should start writing to the Petropavlovsk.
https://www.google.co.uk/amp/s/m.miningweekly.com/article.php%3fa_id=587163&rep_id=5582