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The market has just been informed but I think some Gold selling has happened by POG because it does not say when the waivers were lifted by GPB
"GPB has issued waivers of its offtaker rights such 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
Government sets out plan to make UK a global cryptoasset technology hub
April 4th 2022
Chancellor of the Exchequer, Rishi Sunak said:
It’s my ambition to make the UK a global hub for cryptoasset technology, and the measures we’ve outlined today will help to ensure firms can invest, innovate and scale up in this country.
We want to see the businesses of tomorrow – and the jobs they create - here in the UK, and by regulating effectively we can give them the confidence they need to think and invest long-term.
This is part of our plan to ensure the UK financial services industry is always at the forefront of technology and innovation.
https://www.gov.uk/government/news/government-sets-out-plan-to-make-uk-a-global-cryptoasset-technology-hub
GL
Rishi
"We have set out new legislation to see stablecoins recognised as a valid form of payment in the UK".
https://twitter.com/rishisunak/status/1510988474215772162?lang=en-GB
GL
Some great posting over the last 24 hours and for good reasons
Happy to be involved
GL
A long time coming
Frustrations felt but living with them
Topped up yesterday
Still positive despite the slowness of recent actions
Still positive of a massive re-rating type RNS of the VAST type at the very least.
Jack and Shayne ....still at the helm and with 2p director buys
The new exec director to prove his worth I am sure
Galvin Bai has over 15 years' experience in a variety of business development and process implementation roles, including at All Best Enterprise Pte Ltd, the Singapore based regulated money transfer and exchange company. Galvin has considerable experience of the workflows and processes involved in payment and remittance businesses, including the implementation of Know Your Client ("KYC") and Anti-Money Laundering ("AML") processes. Galvin has a degree in Manufacturing Engineering from Boston University in the USA.
Tone Goh, Chairman of GST, commented: "We are delighted that Galvin Bai is joining the GST board. Galvin has significant fintech experience, including in relation to regulated cross border payments and the implementation of KYC and AML processes. His knowledge and experience will be invaluable as we develop our blockchain enabled neobanking business. We look forward to making further announcements as we progress the implementation of our strategy during the course of 2022."
GL
This is the main point at this stage of proceedings after the collapse of the CiiTech deal
Hopefully the collapse was a deal not beneficial to shareholders....a silver lining to come after the collapse from the cannabis world and CiiTech.
A new deal will be being worked on but again will take time due to due diligence etc.
Trying to stay cool about the whole thing and hope we will have good news to share ...but unsure when!
Been a tough ride and many are trapped at higher prices but we live in hope of RTO success in the not too distant future.
GL
Mark Barry. 5% holder with 164m shares.... WOW guys!!
Wouldn't mind being a penny behind you but finances dictate otherwise
Got the feeling of substantial news, now that some housekeeping has been done
GL
Busy few days helping others
Just waiting for good RNS news just like we all are
Keep the chin or maybe chins up!!
GL
7.20 ROU =8.6p
Up to March 31st 2022
Mr Denis Alexandrov, CEO, said:
"Petropavlovsk achieved its production targets in the first quarter of this year, with higher output from Pioneer, aided by its new flotation plant, and 3rd-party concentrate offsetting expected lower production at Albyn and Malomir due to lower grades. Despite the conflict in Ukraine and related sanctions that have led to various challenges at the corporate level, our mines operated without disruption throughout the period.
Mr Denis Alexandrov, CEO, said:
"Petropavlovsk achieved its production targets in the first quarter of this year, with higher output from Pioneer, aided by its new flotation plant, and 3rd-party concentrate offsetting expected lower production at Albyn and Malomir due to lower grades. Despite the conflict in Ukraine and related sanctions that have led to various challenges at the corporate level, our mines operated without disruption throughout the period.
§ Gold sales totalled 89.8koz in Q1 2022 (Q1 2021: 95.6koz)
§ The average realised gold price during the period was US$1,871/oz, a 5% increase on Q1 2021 (US$1,789/oz)
GL
Wontongue, you are welcome
Easily missed in the long RNS
GL
SP 7.60 ROU =9 .2p in Moscow for current info
For the export licence , I suspect they probably have a gold buyer lined up as they wouldn't have bothered otherwise
Imagine that RNS....BOOM!!!!
GL
Fri April 22nd RNS - "Petropavlovsk is also prohibited by sanctions from selling gold to GPB, which had acted as the main off-taker for the Group's production. The Group continues to explore options for the sale of its gold, including to other potential buyers, and has applied for a new licence to export gold"
Meaning it must have been applied for before the 22nd - For arguments stake, let's say 20th April. Its now 4th May.
Imminent !!!!
GL
Where has Eddings post disappeared to ?
He was right and I was just replying positively
10 -15 business days to get one and should be imminent
Likely places are Dubai , China and /or India
http://www.mintest-russia.com/sertifikatsiya-produktsii/litsenziya-minpromtorga/
GL
Check it out and remind yourself
https://www.mobilestreams.com/
Patience will be rewarded
GL
Cannot beat the upbeat approach to POG
GL
Think positively
GLA
VAST rises 400%+ in a day
Think about them and think about POG !!!!!!
No realistic comparison
It's going to happen soon
Jump into the play while you can at these super cheap levels
GLA
Last sentence typed up incorrectly .... sorry about that
FEELS like its been suspended for a year this month.....
GL
2 new large investors come in
1 large investors leaves
Is the planned RTO coming together ?
Its a year of suspension this month!!!!
GL