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Rodlin

"I have it, on good authority, that this article is fake news"

I found the article, on the face of it very disturbing given the claimed Reuters and Nowegian backers, I am (a recent small c 15000 shares investor), no doomer..

I believe President Trump greatly overuses "fake news" hence can you give some support for your use of "good authority"

Cowichan, Since i spent the last 20 years of my working life, 1987-2007, working for ECGD the predecessor of UKEF, I thought I should comment. however I found nothing on UKEF website. The interest rates are generally governed by the OECD consensus . IF this is a Project Line of Credit the drawings may be very much less than the headline value since the loan value it will depend on how much of the project UK exporters win. However the country risk assessment reflected in the premium rate and the availability and amount of cover for Egypt is doubtless positive. In my day UK country risk assessment was technically leading edge internationally.

D'oh! Please read " competion" as completion.

The existence of the POG guarantee is evidence of ICBC concern about the IRC "PF" risks in 2010. I assume that globally there are precedents with prudent bankers seeking "parent" guarantees and occasionally those guarantees being close to being called after a few years(tears?) near "project (engineering) competion" when refinancing is natural. As a retired UK Civil Servant. I have never felt at home with financing politics at the best of times but my instinct is that ,assuming IRC is long term sound and given the fall-back is a $30million dollar POG loan to IRC at a very high interest rate this is becoming a mountain out of a mole-hill. Does anyone agree?

Lawrence13 Money and power without responsibility? Given POG's history with (Kansas dentist?) bondholders, I am very cautious about assuming anything can be renegotiated!

Chelsea Thanks very much for sharing CH presentation and your valued thoughts. On Moditope patent protection , in Europe and globally, I got the impression that Europe was sorted . Are there likely to be any significant global problems?

Perhaps it could be worse, rats ... I thought the humanised mice were indispensable!

For me the longer period is a year. My 1066 view is that Pavel and Peter did many good things but financing and IRC decisions combined with over-optimism were bad things.

My working assumption, is that if IRC is unable to make the next repayment to ICBC then given IRC's revent progress the debt will be rescheduled, at a price , and the POG guarantee will not be called.

I agree with most of your post but.... IRC's bankers are Chinese not Russian and thus I believe the probability of a terminal debt call later this year is negligible, However wait and see is indeed a reasonable strategy.

I assume director buys will be a positive indicator that all is well with the POX hub project!

I have just noticed the terse RNS about this. Is there any gossip about why?

Double D'oh! Oh no it isn't!

Doh! A not is missing before "to reflect"

I vaguely recall the HMRC appeal procedure worked well after an HMRC severe initial decision after an unintentional breach of the rules by OXT : rules which, to me, did not seem to reflect the will of Parliament about VCTs . At the time it was naturally very heated getting as far as the Chancellor.

More good news today but... The RNS reports the funds will be used among other things to "Commence the SCIB1-checkpoint inhibitor Phase 2 US combination study in late stage melanoma, planned to start in Q4 2018 (subject to FDA approval) utilising the Ichor TriGrid v2.0 electroporation device;" Does anyone have an educated best guess for our share of the costs of this? My understanding is that the FDA will require that we demonstrate we can pay our negotiated share of the costs.

Great news.

Assuming completion of POX Hub without further major delays or cost overruns up by June 2019. June 2018 random (political risks).

28/3/2018 RNS on 2017 Annual Results includes: Petropavlovsk's strategy is to leverage the Company's substantial refractory gold resource base whilst optimising its non-refractory resources. The focus remains on producing profitable gold ounces, maximising cash generation from operating mines and enhancing open pit production, with a gradual ramp up of higher grade underground operations at Pioneer and Malomir. The POX Hub, which remains the top priority for management in 2018, is at the heart of the Group's growth prospects.

istabraq, I am shocked, shocked too. I feel Management competence/excellence are questionable because of needlessly disappointing market expectations in this way. The market needs to trust the information flows about the POX Hub. Doubtless some stakeholders would like monthly reports?