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Keep going trollylou. 14 mins to go! See if you can get another 100 shares from a PI. Big money for you!

Last chance to troll out before the close.

Like anything daisy posts just, best to filter out completely.

Everyone on this bb has a financial interest. Those talking it down are interested in you selling. That's why they're here.

It was cheap - $650 per reserve ounce for an operating mine. $400m on about 1.25Moz Au eq reserves. Then Udinsk for additional $280m. That's firesale price. Those that failed to buy Kinross assets will need to compete harder for POG - only so many bites at the cherry. I still bet on Fortiana/Highland coming out on top for obvious reasons.

Watching L2 and trying to place literally 10 shares on the Ask to stop buyers - very clear the drop is done and the move is on.

keep watch

No thanks

Very simply - POG assisted by AP is selling the business, and doing so asap just like Kinross. The difference is, POG has been more explicit than Kinross in stating it is exploring selling its full interest and looking to transact 'as soon as possible. The offers will be coming in no doubt about it and despite the confusion, there's important major shareholders that will make sure there's some respect in the offer price. PIs are aligned with large holders such as Strukov at 29.18% and others, being assisted by Alix Partners.

I get it, MMs and their bb cronies are out on an uber scare mission today. Make hay while the sun shines.

Sam, that means POG will necessarily need to be sold asap like the company is doing to another group.

Yeah could be possible but reckon on full sale to future proof. No point being listed here to access finance.

Just bear in mind Kinross had multiple unsolicited offers and within 27 days, entered exclusivity with Fortiana. 7 days after that, $680m deal for much smaller company.

Like I said, I bet you're wrong given Kinross had multiple unsolicited offers, there's shareholders with influence and this isn't a affordability issue re making debt payments.

I suspect those of more nervous disposition have sold already. I'll let the bb henchmen continue to deramp for the day, though its diminishing returns per keystroke hereonin. Looks like the floor was hit early doors. Up to you to assess the risk/reward. 'As soon as possible' tells you this is a quick deal.

And when I see comments re shareholders coming last - "bondholders and stakeholders" come first. Well stakeholders include shareholders but minor point. Three things:

1. Not an affordability issue or where bondholders take control of the business.

2. There's a 29.18% shareholder (Ugold / Strukov) that might be slightly more passionate about the exit price.

3. Competitive interest to buy gold assets in Russia.

With the above in mind, I suspect there's enough to satisfy 'stakeholders'.

Fudge me don't buy on my tolerance for risk. There's a best attempt at calculating chance of success. I'm seeing a profitable large gold miner cap'd like a junior explorer and a 'for sale' sign now formally hoisted. Put that together with Kinross experience of offers and POGs connection with Highland/Fortiana, which seems to be buying everything and my view weeks ago this was going private, then today's RNS is on track.

Delete 'less' however that came in. Why pay for FT when you can get more accurate content by reading RNSs? Never seen the point.

"If it sells to a Russian investor and continues to sell its gold to Gazprombank and pay its debts it will be sanctioned by the west but will still be able to continue in business."

No, fundamentally incorrect. Sell this business to anyone outside the UK sanctions regime on GPM and the part "it will be sanctioned less by the west but will still be able to continue in business" is nonsense. Sanctions are gone, finito, kaput, irrelevant to the business once sold. It will not be sanctioned. Ancient history at that point.

That's a very long pretty simpleton and incorrect assessment. If the business is sold to any entity where sanctions have no reach, that's the end of GPM issues, end of story.

As always, probably some decent sized positions in this stock that Mr Market has been trying to flush out. This looks like a very over done final attempt. In a matter of days, we could get RNSs on waiver of offtake and offers incoming.