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Questor has lost his patience , I have not. Opportunity will come and hopefully we will be rewarded
Happy days....I’ll be happy with 40p then I can retire . Anything above that would be a bonus.
I assumed,probably incorrectly , that they would share the info as part of the Temi GM On the 16th which is this Thursday as all the figures will be known by now.
Let’s hope for a cracking set of Q1 Production numbers backing up great 2019 results. Together with current gold price bodes very well. Very interested to know where all the cash generated over last 6 months has gone.
If they are going to use shares to acquire the remainder of TEMI . I wonder what they are going to do with all the cash they have generated over the last 6 months or so? Small divi perhaps and expansion of POX?
Not sure why POG down 1.4p today. Gold price good, Rouble devaluing. Fuel costs falling. Expected Q1 production c160+k oz. This stock should remain a safe haven for your hard earned investment cash for a while yet. Keep the faith.
Kenj.
I am no expert , but as it was explained to me. polygon already have the shares they need to return locked up in the convertible loan which they have already paid for. So provided they have not borrowed more shares than are in the convertible loans they own then it doesn’t matter what the share price does from now on. All polygon have done is completely derisked their investment in POG, taken their profit early and maybe get a bit more upside from interest on the convertible loan
Shedulike. Polygon subscribe to £100 convertible loan at 8% or exchange for 1000 shares. Annual income £8 on £100 invested. Now short 1000 shares @£1.50. Sell . Now £500 profit £1500 cash in bank plus £8 per annum for loan until short called in. Doesn’t matter what share price does from then on . Good business I think
Any explanation of Peel Hunts downer on POG. New price target 22.5p?
Another 20p to go until retirement.... Hopefully make that mark the day they release Q1 production. Dream on.
Don’t think you’ll lose out on the deal
Nice tree shake earlier to catch the unwary. Good time for top up
I would like to think that given the exceptional upside to the gold price POG would propose a nominal dividend even though resumption of divi is not in their stated priorities. I believe that even a small divi would be a major boost to the SP.
I agree with you Bumpy. Strokov has tried and failed to list before apparently. I can see a case for merger helped with the aid of Moscow listing, but who knows for sure.
Can’t see them increasing stake in IRC when declared strategy is to divest from the company.
Can’t find much on Mr Strukov except an article on tax evasion and a mine accident. Might explain the sudden recent change of heart by Abu Dhabi investment fund and the less than enthusiastic response from the market
Presumably another RNS is on its way
Roman and Aeon has sold out according to the RNS. something big is on the cards
Certainly puts him in a good position to make a bid if that’s what he’s thinking.
Nope he appears still to have his bonds. The 300mm share he held through financial instruments appeared to be those owned by VTB BANK. He appears to have bought them back from the bank . No change in his overall voting rights.