Member Info for rustybucket

the daily troll learnt his trade on bulletin boards and he is still no good at it.

"We will have our day" "Our time will come "

M and G and Renova went ages ago well before there could be any problems with production.

§ The Company also announces the appointment of Mr Bektas Mukazhanov as a Non-Independent Non-Executive Director on 27 July 2018

§ Mr Mukazhanov is an Investment Advisor at Fincraft Holdings Ltd, the major shareholder of Petropavlovsk. Mr Mukazhanov holds degrees in computer science and information technology and is a CFA charterholder. Mr Mukazhanov was formerly a Director of the Company from 8 February 2018 until 8 June 2018. There is no other information to disclose in respect of Listing Rule 9.6.13

Kenj cant disagree with anything you say, yes they have actually ran to 105% of capacity but only for a short while. On average I think its 77% they did say that they were selling this at a profit, whether enough to pay loans etc time will tell. Amur bridge should be finished they say that once thats completed it reduces their transport costs massively,

Did I not read that once up and running the plant produces iron ore at on of the lowest costs in the world ? still think we need to see what happens about these "supposed" negotiations

Kenj if you go to IRC website. they are still saying the same thing. And recently. By the way I have just seen a pig flying.

Cant believe there isnt value in IRC as the processing plant must have good worth. Its cost plenty to make it

shares admitted to trading. Some brokers are quicker at getting them into account than others. Monday could be interesting, but, this is one that should be just put away and forgot about. At least until next update.

I have already made my position clear on old Father time, it seems a lot for a non executive director. Maybe he is connected to the possible re-financier.

Bloody Hell, icalvert for someone who advises of the progress POG is making to have that sort of comment on a company we have a shareholding and a guarantee defies belief.

If I had the same opinion of IRC I would touch POG with a bargepole. Luckily like you at least I have some hope for IRC. I did think that while the guy from BHP Billiton was on our board there was a chance they might have taken over it.

icalvert, I wouldnt go as far as to say I am relatively optimistic, But, I do think that when everything aligns there is a chance they can repay loans and still make a small profit. The below is from the IRC link and also from Lawrence13s IRC link. Useful info well worth a read,

The Russian side of the construction is getting to the final stage while the Chinese side of the bridge is almost
completed. According to a government report, due to some technical issues, there are some delays in the
construction and the bridge is now expected to be operational in 2019. The operating capacity of the Bridge is
20 million tonnes per annum, which will comfortably cover K&S’ full capacity of 3.2 million tonnes of iron ore
concentrate per annum.

I have to be honest I find it very strange that people want to tarnish a company we are invested in. Some people have to make money on Iron ore or they wouldnt produce it.

its a long term play, and should go higher, BUT, not a resounding vote of confidence. You would have thought that at that price it was a giveaway. No doubt they will manage to get some executive share options for free.

Onwards and upwards not for widows and orphans.

with comments like these retired Banker I am surprised you are invested ???? IRC have said they made a gross profit. Once Amur bridge is done in 2019 ( hopefully ) that reduces costs and maybe just maybe they may eventually re-finance. All the money borrowed went to make the processing plant. Are you insinuating thats worthless ?? I disagree.

spread last few days has mostly varied between 0.6 and 1p which is a large spread. Larger spread normally stops the "A" TRADES

I think it is a very poor show. The option was 1 for 1 BUT, you could also subscribe for 10 times that amount. I dont think its a massive vote of confidence from the directors. For 1 though, he may have been restricted by other investments in his pension fund. But to take up a quarter of a small allocation is ludicrous. I hope we get the opportunity to vote for these to be re-elected at the next meeting. It will make me think twice about whether to vote or not.

And he is going to be paid $90000 per annum. Nice if you can get it for a 73 year olde.

Lawrence13 he just texted me to say he is increasing your pocket money ( is that how you are buying more shares ) lol

Black trades are simply when the price is exactly between buying and selling price so computer cant differentiate and categorise whether its a buy or sell.

i.e 1.2 1.4 spread trade at 1.3 would be balck

1.2 1.4 spread 1.35 would be buy.

should give some stability to the company and give them the chance to kick on

Once we make that progress ( if we do ) and its reported to the market, the market price should be well ahead of this price and it may be too late.

Knowing this though, that would probably drop the price. I think the price is affected by gravity. That's why they developed skyrocket player. But it didn't work. Sorry ladies and gents if I come across as a bit sceptical.

I have talked about manipulation for years, but some institutional investors namely Blackrock actually helped flame the situation by lending out their shares in the past ( for a fee ) They then squeeled like pigs when the price plummeted.

There are too many shares out on loan which makes it easy to set an algo away and buy back shares at a lower price. I have said before I will say it again, I wonder whether I will see a share price go back to the levels we saw years ago, I think we have a much better offering down. But of course I am deluded.

Unfortunately RTHM1 cant control the share price. What they can control is the updates they put out.

We need to get some positive statements out and start making "real profit" if the companies doing as well as they suggest start buy backs when low, this means it will create a squeeze on shares anyway, with a maximum price they are willing to pay, put them into treasury and use them years down the line for any acquisitions.

Main thing is to demonstrate they can make a profit consistently and build up cash. We have had too many works and inaction for years, hopefully Mr Singer can put this right along with Mr Bonney. . Over to you Gentlemen.

totalling 250000 shares just gone through.