Member Info for Lawrence13

I'm now convinced they are raising money against the equity of the company for the Christmas bonus and **** up. If the bonds go nowhere doesn't that put us 1.1 m in debt ?

Lots confusion as to these new bonds, debt, the new board, their motives. hambros old motives and so on. Ad to that some difference's of opinions and yes things are rather tetchy at moment . Off course that's exacerbated by the share sort of just standing still and hardly any info from the BoD. At least with the old guard there was always a video of an interview. almost six months and we don't even know what these people look like. Of course if the SP shoots upwards then all of this will evaporate.

I wasn't even involved in this so why pick on me.

Surely there are degrees of debt. I was always lead to believe that severe debt sank the company into the mire and started all of this off

That's a good point Rusty. Was Hambro's statement of debt all being clear by 2018 before the decision that POG would finance and commission the POX Hub. At one time another mining company with massive refractory deposits was going to pay to get the HUB up and running. That's possibly why the debt repayment timescale doesn't match Hambros prediction

Isn't it always the case with a loan that if you stick to the repayment scheme there is a fixed debt, but if you don't there is an accumulative debt. where other penalties , clauses and compound interest rates come in.. Lets face it we've all the right hump at the moment with this share as the 'rise of the phoenix just isn't gong to happen the way we hoped. I still can't believe Hambro said all debt would b e paid by the end of 2018!!! Everything about this share is couched in suspicion, dubious motives all compounded by the Russian links as they are todays bogey men., I was I was led to believe (in my own mind probably) the company was going to strike gold on five levels 1) Get its tarnished reputation back and that would be a substantial boost 2) gold price would recover to its high glory period , well it did but only to the current levels 3) Big one pay of debt and as the Chairman said by 2018 4) Another big 'un' POX Hub. 5) New standard and refractory gold deposits Well the most of those seemed to have been slightly resolved but with no major impact on the SP now we await the POX hub to see if this can render a massive SP rise. the pox hub left

What is it I'm misunderstanding about this https://www.youtube.com/watch?v=KcQw3YgZlOk At At 6 minutes in Peter Hambro, when asked about the companies debt says "we've said publicly that by the end of 2018 we will have completely paid it off" So did he say that or not and what has changed so drastically that now we are talking 2021/22

Highest for a month . Could be the start of an irresistible rise upwards that even POG cannot ignore Monday Mornig

ITS CHRISTMASSSSSSSSSSS. They wanna buy presents

"As I keep naively saying, what they're doing is akin to getting a better mortgage deal.. Surely it means a cheaper loan" It's small fry but still a sign the companies heading towards the light. All to the good.

As I keep naively saying, what they're doing is akin to getting a better mortgage deal.. Surely it means a cheaper loan.

Not particularly blaming but a feeling we are being kept in the dark.

Why does t there always seem to be an underlying theme theme of skulduggery with this lot

o in my simple humble understanding this is good, right? It means the debt isn't as stringent and therefore should see a slight boost in the SP tomorrow to help get that snowball effect going

I always though that being profligate with gold was part of a Democrat strategy that under Obama really peaked with gold hitting $1900,.

Maybe because at this present time that's its real value. Roll on Hub

Half penneth rise would be fantastic after the last weeks performance

Its gonna happen soon

Ad its the only trade. Time has stood still

Maybe all this time we've misunderstood the term the 'Pox Hub' thinking it to be a refectory ore gold processing device when all a long Peter being an old Etonian had a taste for men and the POX HUB is his new partner-if you catch my drift.