Member Info for Kheldar

Hoping someone can help me understand the difference between the assets and liabilities for the "company" and the " group"? The liabilities for the group are about $700m less than for the company. How can that be?

I know people don't have anything good to say about the POG board but maybe they didn't have much choice. It looks like they had two offers but both offers reading between the lines leave the shareholders with nothing.

The plus side of getting a court order to go into administration is "there is an automatic moratorium which means that it is not possible for a creditor to bring or pursue legal proceedings against the company or its assets (paragraphs 42, 43 and 44, Schedule B1, IA 1986). ".

Also worth noting that "An administrator is an agent of the company (paragraph 69, Schedule B1, IA 1986) and an officer of the court (paragraph 5, Schedule B1). The administrator has a duty to act in good faith, fairly and honourably, and must also be, and be seen to be, independent and impartial in the management of the company and its property."

Some harsh words words have been said by all and sundry but at the end of the day no one forced anyone to buy into POG , so only person I'd always blame is myself.

Now for the crazy bit - it has been tough today seeing the suspension/administration here and the mauling of the share price on MOEX - I still believe there is still a chance of this coming good.

Let's be clear if all was lost then the price on MOEX should have tanked as close to 0 as possible. Can't see any existing shareholders buying as why buy at 3.4p when you can wait to clean up when price drops close to 0.

If this price holds on MOEX at end of day and with the risk that suspension can happen anytime I would say most likely these are people in the know who are buying. £4m is a lot of money for a punt lol

Always was a binary bet.

Is all lost? Possibly but I don’t think so. Look at the debt and assets - there is a lot of assets there - I think you’ll find this administration will now bring in more suitors.

Whatever happens - it’s only money - health and family are more important.

Hopefully Tomski will now move on. If he doesn’t then it shows he’s just a sad little man who gets off on telling people ‘I told you so’. My money is still on him being here haha

Everyone made their own decision to invest so stop with this crap blaming others. Lawrence you seem to have a go at people who were enthusiastic about this share but at least they invested because they believed in it - you on the other hand didn’t believe in the company and yet left your money in it - bigger fool you.

Keep the faith Poggers

…not

https://amp.theguardian.com/world/2022/jul/10/russia-ukraine-war-update-what-we-know-on-day-137-of-the-invasion

Canada has granted a sanctions exemption to allow a repaired Russian turbine to be sent back to Germany for the Nord Stream 1 gas pipeline. The Canadian government said the “time-limited and revocable permit” would support “Europe’s ability to access reliable and affordable energy as they continue to transition away from Russian oil and gas”. Canada also announced it would expand sanctions against Russia’s energy sector to include industrial manufacturing. Kyiv urged the Canadian government not to return the part to Germany, but Germany, which is facing severe gas shortages, is being threatened with a further squeeze on Russian gas by Moscow if the turbine isn’t returned.

Tomski, just think you told people to sell when it was 0.95p - it’s now 35% up. How the **** do you go to sleep knowing this? Sadly there will be a few who sold out and have bought back in at a higher price.

It’s still a binary bet but your constant diatribe doesn’t help. Only invest what you can lose but there is opportunity on this share to make big returns. All depends on the Ukraine / Russia outcome imho but DYOR.

I think we can safely say that this week belongs to the clock.

Even poly has peaked at the end to 1.92. I’d like to think it’s related to sanctions but can’t find anything on tinternet

This is moving up on Russian exchange MOEX as well but not showing on google finance for me anyway - Look here:
https://www.moex.com/en/issue.aspx?code=POGR

Must be some news surely....

yoyomama - please let Tomski have his say... it's beautiful seeing him talk ****e while the price goes up haha.

Share your pearls of wisdom with us....

Tomski : Wow,.a rise of 0.01p and it's booming..

It's now 0.02 haha

Is it Tomski? So someone sold £9 worth of shares and you think we should panic haha

Not the POG messiah, he’s a very naughty boy

Todays trades : sells £37k and buys £17k

Fatigue is set in and some retail investors sellling up and moving on. Fair dos.

There are no big boys selling up. We need sanctions lifted for this trend upwards. Could be a while as bojo and Biden seem hell bent on a confrontation with Russia.

As I’ve said before I’ll hold till the end - boom or bust.

in misinformation on this board.

This rns is not new news there was news on moex saying this will happen. At that time we had people talking about delisting.

All shares in Russia are on the Moscow exchange but only the top 50 are taken into account for the moex index. Think of moex like the ftse100.if you think about it no different to what happened here to Poly and Evra. In Russia foreigners are not allowed to sell their shares so the only ones who can sell are local investors but the price is going up or static around 5-6p range. So they see some value in it.

Question is will any foreigners get any value. I’m invested as I think we will especially as my average is 1.4p.

This is a binary bet and can go either way. Those invested know this and we’re content with boom or bust.

I don’t mind people coming on here whether they are invested or not and put their view forward but what does is mr nervous with his multiple accounts repeating the same dross and outright porkies. So to those I say **** off and get a life.

Whatt more like tw at. Stop lying..
How can you sell something when you don’t even own any shares haha

And don’t forget these sanctions apply to newly mined gold so will be months before anyone even notices any difference lol

Sadly for the west we now have a collection leaders who be can be best described as simpleton.

Sanctions on oil and gas has backfired. The Russians are getting paid as normal and getting paid handsomely for their oil. This kind of sanction only works if everyone in the world refuses to buy. Problem is apart from Europe, uk, us and Canada no other country is participating. Instead India and China helping themselves to some cheap oil at our expense.

Now these simpletons think that the same strategy will work on gold? Prices will go up, China , India and Middle East will buy the gold and sell it at a premium to the countries in the west.

The only way to stop Putin selling oil and gold is to put on sanctions on goods made with these products. Truth is this never going to happen because the rest of the countries would refuse and the west are trying to save face with these sanctions but let’s be honest the only people it’s hurting is ourselves.

Poor Tomski, the elusive 1p

Broken clock 2 Tomski 0

I’m not nervous