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Well if the war ends and peace rules Gold may go down but the general trend based of faux value is up and hopefully there are no restrictions on Russia; then back to where we were around 16p. I hope.
Of course the other factor is the new 29% share holder which is either Region Group of . Companies or Sergey Sudarikov or both. I have a feeling they may be friendlier to the old BoD than the present,

and then again......

At least one good point from the article: gold in Russia should see increased demand. However so many perils still lie ahead for POG but if they carry on operating and sell their gold to a rising demand Russian Market then it should be fine but equating that into a higher share price is an issue, can't see why they can't pay some dividends as well as sort out their debt.

Part 2

Russia’s domestic gold rush

Petropavlovsk runs four hard rock gold mines on the Kamchatka peninsula in the far east of Russia, the bit of land that is as far away from Moscow as it is possible to be while still being inside Russia. Since the start of the war in Ukraine, the rouble has fallen massively in value and Russian banks have started restricting how much money can be withdrawn from accounts, fuelling a flurry of domestic demand for investment-grade gold.

Russia’s central bank is looking to provide enough gold for domestic buyers and has said that it plans to buy this year’s output of domestic gold producers. It has also cut value-added on gold purchases.

While Petropavlovsk’s business fundamentals are relatively solid, the company’s corporate structure has a less than spotless record. In 2020 the company’s co-founder was arrested on charges of embezzlement while the chief executive who came in to replace him besieged the Moscow office of one of the four mines. He too was eventually arrested on criminal charges.

Sorce : https://www.thearmchairtrader.com/petropavlovsk-shares-down-over-80-as-miner-faces-ftse-250-expulsion/

Shares in Petropavlovsk Plc. (LON: POG), the London-based gold mining company with operations in Russia, plunged over 86% on Tuesday after the London Stock Exchange decided to cut it out of the FTSE 250 index. The decision will come into effect on Monday.
LSE:POG quotes by TradingView
Major international brokerages have already stopped trading Russian stocks and companies with operations in Russia, leaving behind a trail of nearly worthless stocks and an illiquid market. Even before the formal decision to cut Petropavlovsk from the FTSE 250 it was clear that the company wouldn’t survive the quarterly index reshuffle.

The decision was formalised Monday when index provider FTSE Russell, part of the London Stock Exchange Group, said that Russia-linked companies such as Evraz (LON: EVR), Polymetal (LON:POLY) and Petropavlovsk would be cut from the FTSE indexes because of a lack of liquidity and the effect of sanctions.

All three companies Evraz, Petropavlovsk and Polymetal have lost more than 80% since the start of the year and are likely to lose even more once they leave the indexes as index tracker funds offload their shares. In the meantime, trading in steel-maker Evraz stopped completely after the UK placed sanctions on its majority shareholder and Chelsea FC owner Roman Abramovich.
Who is still buying Petropavlovsk shares?

While most investors are heading for the exit, a few are stocking up on the shares at bargain prices. Among them is Sergey Sudarikov, a Russian oligarch who is behind Region Financial Group and who also owns a stake in the sanctioned Credit Bank of Moscow. After shares dropped to 2 pence on 3 March (this was down almost 90% since the start of the year) Region Financial Group bought a 29% stake in the miner. Shares have moved up a notch since then and are trading at 2.53 pence. This compares with 18.89 pence at the start of the year.

Petropavlovsk is also listed on the Moscow Stock Exchange but trade there has been suspended since the start of Russia’s invasion in Ukraine and won’t restart at least until 18 March. Given that the stock is now trading at a bargain-basement price, it is likely that Russian buyers – at least those who can still access their money – will snap up shares once trading restarts in Mos

Woke up a couple of times checked the SP but LSE is unreadable on the phone, Anyhow any idea as to day's slump, did Putin break wind?

yes i'm puzzled too

Yes Van Eck purchased on the16/12/2021

yes we all made silly jokes like 'flippin eck' and 'bloody eck'; couple of months back now.

Lets face it RBrand regardless of all the deep globalist state shenanigans Putin was wrong, to march into a situation where ordinary people are being killed and having their lives torn up. regardless of how careful the Russians forces may have been told to be, is plain wrong.

POGs gold is sold to Russian banks at the global price so I can't see that being an issue

abd will we still trade from moscow. If so how do we deal with that situation or is it a matter that POG like Pavel gets banged up until further notice

Fell asleep and now in that very short time there's talk that POG has been suspended or kicked off the ftse , Blimey things change rapidly

Here on LSE minus 7% on the POG website Share price is plus 14%. I know the POG share read it ahead of LSE's but sure the swings aren't that massive and in such short time

I thought Strukov's aim was to own POG but he ran out of options as his business's lost mony and the Russian tax man was on his tail. This isn't new news http://www.msk-post.com/economics/strukov_fading_away_over_petropavlovsk32665/
I believe the Ukraine invasion and sanctions just accelerated things ; he lost a hell of a lot of money. As for the new owner of the 29% What I can tell so far is he seems not to have the stench of corruption hanging around him and is actually good at what he does, I've also heard won of his top managers is amiable to the POG founders. As economic regions controls pension funds I can't see it not wanting POG to thrive. But hey what do I know.

Thanks Red

"Covid was a cover up for the disastrous state of western finances." It was also designed to bring down rogue Trump and derail Clinton's deplorables

I wish is was all so clear cut. Seems the Americans had biological labs there. They've admitted to that . Putin wrong but you can't trust anyone these days. The other major point is this, Before the fall of the Soviet Union there was an ideological batle taking place between capitalism and socialism/communism, Putin's Russia is capitalist so why is nato against them

You and dumpling link the same article behind the same paywall -is there a point. Can't someone copy and paste

Be instrumental in bringing back Pavel ? Ten days to next hearing