Member Info for rustybucket

Well as long as we have enough people to shoot him ( or her ) down that's fine by me. I would rather the company come out with a blockbuster set of results to show they are at least getting there. I wonder whether I will live long enough to see it. ?

BMAC, so that goes exactly with what I said that I could not remember him ( or her ) posting that on this board. I rarely go over to ADVN.Last time I remember going over there was when Bigbear posted something and someone on here advised that we should look at the post. I did and found it full of errors so never went back. How do we know that its the same person ???. I have to admit I was fed up with the perpetual negative posts so I filtered the person. I cant reply as the only time I see his or her posts is if I look without logging in then I can reply. I like a balanced board where people can give positives and negatives. I find it extremely boring when people are quite clearly posting with an agenda !!!. I post with an agenda as I would like the company to do well and the share price to improve. If I thought the company was Donald Ducked I would have moved on. There has been a lot of negatives, but I harp back to about 2014 when Brian uttered that he was looking to build "the full stack". We are very nearly there. Time will tell whether it will work.

Imust admit I cant remember those posts from "you know who" but its interesting that someone who did profess to buying all the way down wants to consistently want to rubbish a company he ( or she ) is supposedly invested in. If I had an investment that was doing badly I would want to see as much positivity as I could too hopefully see an improvement in share price. Never mind hopefully we will soon acquire YuMe and start making real money. It wouldn't surprise me to see radical changes in RTHM1 when we get the new board members from YumE they have been instrumental in paying a special dividend and ultimately selling YuMe. I can see them trying to offload us once we are firing on all cylinders. ( If we ever do. )

Update gave us a clue that we are not too far off track. They have said they are going to put things on the website. This company in the past has had very good information on the website. Its very early days for the new bod, but personally speaking I don't think its a bad thing to reduce bank debt and stop the restrictions the bank had over us. As far as I am concerned jury is still out, but there have been some signs of progress. Lets hope we can make real progress once the pox hub is up and running and we are hedging more future production at higher gold prices. I believe we have a good chance of making real progress once this is up and running. I think other companies will want us to process their gold, but this time we hold the cards rather than going round with our begging bowl to help get the pox hub built.

Not this bod. The forward pricing was done under Mr Hambros watch and was one of the conditions for going it alone rather than the funding elsewhere for the pox hub. I believe we have reduced this by $100 dollars since last time.

Yes you are correct, it would be interesting to see how net debt initially increased. There would be costs of bond issue including "book runners" fees, but not anywhere near $45. The difference needs explaining.

During 2017, a total of 3,646m (50,268m3) of underground development was completed. The first underground ore was produced in June. In total, 35.1kt of underground ore with an average gold content of 2.78g/t was mined in 2017. Water inflow into the mine was higher than expected and delayed the decline development, resulting in LESS UNDERGROUND PRODUCTION THAN EXPECTED . The Group is expanding its pumping facilities and expects to see Pioneer underground in full production in Q1 2018.

Are we not also mining gold ready for POX HUB ??? Production results for the third quarter of the year are as planned and reflect ongoing operational stability at the mines. As such, we are pleased to reiterate our expected production range for the full year of c.420,000 - 460,000oz, with a total of 336,400oz of gold produced in the nine months to 30 September 2017. Whilst work is progressing on schedule, we maintain a conservative approach to underground developments and remain focused on driving both our key growth projects, underground mining and the POX Hub, through to completion. We mined 32,500 tonnes of development ore from underground in Q3 and aim to achieve full scale operational capacity by the end of the year. Alongside this, work on the POX Hub has progressed well; our main focus has been the development of supporting infrastructure, which continues, and is due to be completed before year end. The Malomir flotation plant (Stage 1) is scheduled for commissioning in Q4 2017 ahead of our first flotation concentrate production, scheduled for Q1 2018, to be followed by the commissioning of the POX Hub oxygen plant in Q2 2018."

THE OFFER WILL COMMENCE ON JANUARY 4, 2018. THE OFFER, AND YOUR RIGHT TO WITHDRAW YUME SHARES YOU TENDER IN THE OFFER, WILL EXPIRE AT THE TIME THAT IS ONE MINUTE FOLLOWING 11:59 P.M. PACIFIC TIME ON FEBRUARY 1, 2018, UNLESS THE EXPIRATION TIME OF THE OFFER IS EXTENDED. SHARES TENDERED PURSUANT TO THE OFFER MAY BE WITHDRAWN AT ANY TIME PRIOR TO THE EXPIRATION OF THE OFFER.

If I remember right without going back to previous results I believe second hald can normally be lower because of worsening weather. Also the company said a couple of years ago that they wanted to reduce production until pox hub was complete to focus on more profitable production. Seems sensible to me as long as we are making profit and paying the bills. Proof of the pudding is 2019 when hopefully pox hub is up and running. We then might decide to process other companies gold....... at a price.

Net down to $604 from $630. So we have repaid bank debt as they advised and not having excessive interest payments as others alluded to. Nothing sparkling but progress to where we want to be. Also see below. Capital Markets Day Petropavlovsk is planning an institutional capital markets day in London during April 2018. The event will focus on technical aspects of the Company's flagship POX Hub development project and will include presentations from industry experts, both internal and external. Maybe that's when the board come out of hiding.

Very sceptical these days Ret banker.

26-Jan-18 15:53:39 261.21 119,000 Buy * 251.00 254.00 310.84 k O Trade Type: Ordinary Delayed publication Historical

Everybody asleep ??

I wouldn't have thought it would be 2 for the simple reason that in the old blinky days when the share price was in freefall they were very quick to bring out profit warning. I believe if trading is below a certain level then it is their duty to inform the market. I agree very quiet on here everybody waiting with baited breath to get to the "promised land ". A real profit would be a start.

That would imply a share price of about 30p. As pox hub wont be completed and fully operational by then dont think that's possible. Time will tell.

That is highly speculative, they held us to ransom once and could easily do it again. I hope they do convert as its less debt to repay. Yes the coupon is attractive. Heads they win tails they don't lose. Pity some of them type of bonds were not available to general public. I would buy some. As for dilution. Unfortunately that's a cross we will have to bear if it comes to that.

I am aware of that thank you very much, I don't expect us to be in a position to repay all that det after 5 years. I would expect though to have a big chunk to pay that off. Before that we also have the convertible bonds to repay. That is the next hurdle.

when a gentleman buys a large stake in a company and openly says that the money was needed to replace short term bank loans with long term debt I tend to believe him as I can not believe he would invest if that was not the case. The board in one of their rare communications also alluded to this fact. As for extra interest, we were always going to have to pay interest as the debt wasn't going away. As for bonds the big difference between bonds this time and last time is there is no conversion option. If we cant make massive inroads into this debt over 5 years with the benefit of the pox hub which by the way we are already financing out of free cash flow, once that's up and running and without those costs surely that gives us even more profit, and that's without the possibility of processing other companies gold. Looking forward to the date when ever it is.

Are we sure trading update is on 23rd ??? Website is saying 30th ?? Or am I missing something ?