Member Info for Lawrence13

"They cannot sell it to themselves and should,nt trust their partners can they"

They have no intention of selling it to themselves the present BOD will pretend they are doing the best they can do and deliberately let POG sink. Once POG a massive money making machine, is carved up, then the old bod will get new positions new fantastic salaries and shares in the new companies that stole our money.

Yes Tasteit they are far more angrier with us than they are with the fffing crooks who have robbed us

"please do not forget that the BOD will be as greedy as they can be...they will try and get the highest possible price -"

No they won't because they will all be rewarded even more when the russian crooks get POD for nothing.

How will it cost them money they'll own the mines and pox hub on the cheap and will receive every ruble loss back ten fold easily

150k me

There is no will whatsover from the Board and Putin to save this com[any which ios worth a billion in the right circumstances. The was no feasible rescue package, no trying to protect the innocent share holders all lies and stupid meaning so called experts.

I don't care what they do to me now. These bastards have robbed me.

"I thought we could now sell gold, I thought we could service the debt. This seems liker one big stitch up to rob the innocent share holders. I've lost my whole pension pot in this corrupt inept BOD all in cahoots with russian oligarchs , yet you casually put out a RNS stating we will all lose the money we paid for our shares. And whe5re has that6 money gone It's gone into the pockets of Russian crooks if the assets are sold. It6 a &ucking disgrace ".

"Still demonising the stock ?"

Are you sure "the stock "it ain't no gravy train, that's for sure.

Is like a coiled spring onion that's six days old

"I'm happy everyone feels comfortable with their investment here "

Yes I haven't been this happy ever, I'm delirious with joy, oh happy day.

Is this a relative https://www.youtube.com/watch?v=VDjmSYDq7es&ab_channel=GerryAnderson

The bod are doing a good job? 41p to 14p just prior to invasion. Fantastic give them a bonus.

Kheldar what's your thoughts on Boris Johnson ?

As I said, what could possibly go wrong.

Especially this paragraph

"Earlier it became known that one of the largest gold mining companies in Russia - Petropavlovsk received permission from its creditor Gazprombank (GPB) to sell gold to third parties. According to the terms of the loans issued by GPB, the company was obliged to sell 100% of the mined gold to the bank. Other commercial banks, including Absolut Bank, Lanta-Bank and Tinkoff, may become buyers of Petropavlovsk gold. The company is also considering the option of selling gold abroad.
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It actually tells us the banks POG will be selling to which is more than Mr Mann could do.

I have to say it is positive news

"The Russian government approved the proposal of the Ministry of Finance to exempt citizens from paying personal income tax when selling gold bullion for 2022-2023. This is stated on the website of the ministry. Such a proposal is contained in the prepared amendments to the Tax Code.

The Ministry of Finance explained that this measure is needed to increase the attractiveness of investments in gold as a tool to preserve the savings of citizens in the current economic conditions.

The government also approved an exemption from personal income tax in 2022 when a broker, subject to international sanctions, transfers securities and client funds to another broker. In addition, in 2022, it is proposed to exempt from personal income tax income from forced transactions that were made to withdraw companies from sanctions imposed on their owners.

Earlier it became known that one of the largest gold mining companies in Russia - Petropavlovsk received permission from its creditor Gazprombank (GPB) to sell gold to third parties. According to the terms of the loans issued by GPB, the company was obliged to sell 100% of the mined gold to the bank. Other commercial banks, including Absolut Bank, Lanta-Bank and Tinkoff, may become buyers of Petropavlovsk gold. The company is also considering the option of selling gold abroad.
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Nathon90: you are actually reiterating my point, thanks

"The largest shareholders are not going to approve the company being taken over on the cheap."

Unless of course its the largest shareholders taking over the company.....on the cheap .

I mean what could possibly go wrong

Nice analysis Newtothis but you left out the most important facts, POG's operations are in Russia, it's main shareholders are Russian and the whole operation it riddled with and surrounded by people of dubious integrity and with no trusted legal recourse of action if needed. Outside of that everything is Tickety Boo