Member Info for Nathan90

That’s the job of the administrators I suppose, and the high court. The whole thing stinks which I’m sure the judge will be able to see very clearly.

Good point arkush, corrupt bod which the new administration blokes will figure out. Should be sold for 4-5p a share minimum

The administrators can’t do any worse than the current bod, their job is to try and rescue the company. Hopefully we’ll see some of the offers for pogs stuff then we’ll get an idea if it’s something or nothing.

I wonder how much cash is currently in Russian banks? Suppose we’ll find out, or maybe not? Production was increasing as were profits all the while the war was going on.

Un-audited means not officially examined, the company have called in the administrators who will/should give a fair value. Will they be involved in the potential sale of assets? I remember the hur court case well, the judge granted them more time as he thought there was a reasonable chance they would be able to pay the bonds back. Similar situation here, there is a chance the bonds could be paid back over time. All depends whether ummc call the debt in, interest has already been wavered by gpb

What does pog owe the banks? 500 million ish? The mines alone must be worth a fair amount,

A low case cost of $45 au an ounce of reserve gold in the ground is worth about $320 million for pog. A proper audit would clarify this. Gold at hand could be worth $100 million as if they’ve not been selling it surely it’s stacking up. Pox hub cost a billion so let’s say around $300 million fire sale. Not sure what the debt is or how they’ve worked it out but a without a proper audit from an external source it’s difficult

I’ve emailed my mp. Alan mak, exchequer secretary to the treasury, maybe just maybe lol

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What happens to strukovs 29% gone? Also a fair few institutions still hold so what then gone?

All depends on the value attributed to the assets, how much is the pox hub worth? All the mines and the gold in the ground? what value is the gold currently mined worth, how much cash is there in pogs russian banks. How much cash is there left in pogs uk banks. Lots of stuff to sort for the administrators no doubt. Potential offers for the subsidiaries etc.

I wonder what the relationship between poly and pog is? Are poly trying to relinquish Russian assets? Could they absorb pog including the debt? Meaning we then own poly stock, not sure what the split would be or if that’s even possible?

Not wrong just yet, but stupid atm yes but let’s see.

Smug

Point is pal, you’ve spent weeks ****ging everyone off who was hoping to make a few Bob, basically the same as you supposedly did. Hypocrite and a smug little man.

So you held for 3 weeks what if it got suspended during that period you smug little twat

It was a fair enough to believe this could come back and it might yet still.

Your glad now but nobody knows what will happen.

Also it’s only the debt that is close to maturing that really needs sorting the bonds in 2024 we have time for that. I'll be interested to hear what the courts have to say about this. Not sure legally how a company can go into administration when they have the money lol but because of uk law cannot access said money. Lots to come for sure. Meanwhile Tomski is and always will be a *******

Most here are just ordinary folk, Tomski 7 pound is still better than zero I suppose