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1.5105p to buy now ...a bargain
You can buy with ii
......in the last week RNS, POG said that "Petropavlovsk has been able to sell gold to third parties, and the Group has identified new buyers as well as applied for a gold export licence."
GL
Yes please in the 1.57p area ...
Thank you MMs
Really do wonder what is going on behind the scenes?
GL
Thoughts on the next RNS and when?
GL
The Central Bank of Russia announced that from March 28 to June 30, 2022, it will buy gold from Russian banks at a fixed price of 5000 rubles per gram.
This offer is only for local miners and for Russian banks which have been banned from the LME Precious Metals Exchange in London and COMEX in New York.
This measure means that Russia will offer a put option to its miners. Russia will be there to buy all the gold production at 5000 rubles per gram.
GL
Any views?
https://bunker-group.com/en/blog/russia-is-offering-a-put-option-on-gold-to-its-miners
GL
Absolutely guys..... why would anyone take on a large debt without solid go forward reasons
Nordic have to to see an advantage(s) in their favour
GL
Ask the question why should Nordic LLC take on the RCF?
Nordic must have assurances to create confidence that the debt is serviceable
Nordic will see perceived value or control in both the short and longer term
Nordic are onto a winner
GL
A few extra helps for people ......
A moratorium is a temporary suspension of an activity or law until future consideration warrants lifting the suspension, such as if and when the issues that led to moratorium have been resolved. A moratorium may be imposed by a government, by regulators, or by a business.
The definition of a moratorium is an authorized delay in an activity or obligation. An example of a moratorium is a deferment on the payback on loans. (law) An authorization to a debtor, permitting temporary suspension of payments.
A loan moratorium is a temporary suspension of loan repayment. It allows you to plan your finances better. It offers you some respite from your financial hardships. A loan moratorium is not a waiver but a postponement of the EMI. You must check with your lender if you are eligible for a loan moratorium.
There shall be no interest on interest or penal interest on any amount during the loan moratorium from any borrower.
A company moratorium gives a viable company facing financial difficulties breathing space from creditor action so that attempts can be made to rescue the company
GL
The company will not fold up
The Russian government has introduced a bankruptcy moratorium with effect from 1 April to 1 October 2022 in respect of all Russian legal entities and individuals (“Persons“) except for certain residential real estate developers.
The moratorium is intended to protect Russian debtors against creditors’ claims and provide support for players on the Russian market given the challenging environment they operate in. It applies to all Persons irrespective of their solvency.
https://sanctionsnews.bakermckenzie.com/russia-bankruptcy-moratorium-introduced-with-effect-until-1-october-2022/
The UT was 1.60p
Good luck tomorrow
Know what you mean Finbars.... was the RNS designed to do that "ramp" for some sells
BUT
remember no Tri1s have come to show decreases of any large holders
GL
Topped up, reducing my average
GL
Been out today to come back to the RNS which has positive and negative contained within
Read 10 pages of comments minus the ones I have filtered]
Indecision is he name of the game from what I have read
Finbars has been positive previously but has been now asking good questions about the "real meaning(s)" of the RNS, which does create confusion and probably by design.
Nothing seems straight forward at the moment.
Thursday was a step forward and todays' is a step or steps back but who really knows?
The retail market is seeing negative and sold and still yet it is easy to sell !!!! .... someone wants the shares?
Adfvn (level 2) shows more buys than sells yet currently nearly 28% down... yet more confusion
I will be staying put and could be buying more.
GL
2021 Financials........l calendar on the website is May 31st 2022 so why are people putting Monday please?
Its marvellous not reading the clowns
GL
Just bide your time
Hold onto to your shares
Go for a walk
Don't fret unless you are here for the day!!
GL
Forget the traders and the new people who have arrived in force spouting off.
Stick with your shares
This going up to new higher levels
The long auction period whilst was out has probably allowed institutions into the game.
The de-risk factor is fabulous
GL
GOOD LUCK GUYS