Member Info for rustybucket

I was going out, I had about 30 seconds to post. I "thought" it was you but didn't have the time to go through all the posts. Good information Kenj highly informative and correct and a help to the board. Enjoy the rest of the bank holiday weekend.

As someone has already alluded to General Nices subscription price is well above the prevailing price so I cant see them subscribing any time too. Although I would love them too. As for banks releasing guarantees there is more chance of General Nice paying up. They may alter the payment terms but the guarantee is their security and unless they have something else to secure it over it isn't going any time soon.

Hopefully as IRC IMPROVES and the bridge and transportation are completed IRC will get itself into a better financial shape and raise additional funds to get rid of the loans ( or persuade General Nice to pay their last payments ) this should mean that eventually we get free of the loan guarantees. Unfortunately if this ever happens it is likely to take years. Or maybe someone will see some potential in it and but it up again releasing us from that guarantee.

I don't know what people want from the board. They have updated us on where we are at the moment and the progress on the pox hub. We don't seem to now get the links to IRC results but presumably that's because none of th boards sprogs are working for them. And they have said they would like to get rid of it. I would prefer the board to be spending their tme building long term value. This is not always reflected in the prevailing share price. Once pox hub up and running, if we don't then start making progress that is the time to worry. But, if it starts working profitably and they then get some outsourcing arrangments we should see the sp reflect this.

for once I agree with Kenj these are not new purchases or sales its a respondent to the one we got about a week ago. Playing about possibly for tax reasons who knows. ???

highly highly unlikely

IRC are in the process of re-negotiating the whole debt.

Plenty companies have directors who haven't bought shares and as contrarian says they often wait for the "Freebies" and options. No one on this board knows for sure whether Peter or Pavel had shares or whether someone else provided the money and they had options. Never forget Hambro gambleD the "family silver" and lost. Still very early stages they are just getting used to the company especially the CEO.

it is directors fudicial duty to advise if things are not on track with POX HUB, we have only recently had an update to assume ALL IS WELL AND ON TRACK.

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not same on SALE ON.

Nearly �5 in new money. So still a half price same on. The price used in the YuMe deal was �3.70 in new money. This company IF it gets it right can be multiples of this price. I have said many times the algos take us down, the same algos will take us up. As long as the fundamentals are okay.

I WOULD SUGGEST THAT GENTLEMAN GOES AND DOES SOME RESEARCH ON POG AND NOT JUST LOOKS AT THE " FUNDAMENTALS" pog ( if you believe them ) have deliberately reduced output until pox hub is completed. There is no mention whatsoever about POX hub and the money that it has already cost to build this. Very poor article in my opinion from someone looking at figures only and not the underlying business. Again no reference ( at all ) of IRC which is another millstone ( for now ) round our backs. If these people are too produce articles it would be nice if they knew what they were talking about.

IF IN 6 MONTHS WE HAVE ANOTHER GOOD UPDATE WITH PROFITS ON TRACK We will be looking at prices well in excess of �7.20. This was nearly �5 before the YuMe deal. If YuMe delivers all systems go. Ifs and buts as usual, But to me in a much better position ( even though the share price would suggest not at least its back on an upward trajectory.

REALLY !!!!! 1 broker forecast ???? if that same broker was sell it would be 100% the other way. We need other brokers to take note. As long as company executes on its goals we will recover.

Hes a poet and he didn't even know it. I look forward to the day you are in profit.

Let us get bond repayments out of the way before we think about other things. The bod are paid plenty to manage the company, let them manage it.

just checking to see if this stupid sight is working.

we probably wont get more info till negotiations on the debt are finalised, and bearing in mind going forward as well as paying interest we need them to be repaying capital. Ruble depreciation should help but that fluctuates, we need to produce high grade ore at cheapest price and sell for good margin. Not impossible,

from interim results Loss for the period reduced 2% to US$9.7 million (30 June 2016: US$9.9 million)  ICBC agreeing to restructure loan repayment schedule, including full principal repayment holiday in 2017 Wheres the huge profits KRSS ???? Pox hub and existing operations will give the leg up any positivity from IRC are welcome But huge profits. ?????