Member Info for rustybucket

I think we need to get things into perspective. Although, none of us who are genuine shareholders, like to see the share price drop, you need to get it into perspective in relation to other goodies just a few to mention are Poly, GGP, SOLG, all of which have seen their share prices going in a similar fashion to POGS, and that is one way Down. Goodies see to be out of favour at the moment, but gold is a very very valuable commodity ad I would expect share price to recover, once the oldies get back into favour.

If, as has been suggested, it is all to do with the new bod, then I would ask why all the other goodies mentioned have been affected this way. If it was just us that was down I would be very, very, worried, but when it is a sector, you just have to wait till the next cycle when oldies become popular again. I would suggest that strukhov, as a major share holder would prefer the share price to be 50p plus rater than less than 20p for obvious reasons.

Hopefully the tim will turn soon, and we will probably look back, at some time and say, was an excellent buying opportunity was presented.

Rdium1, if you have him on filter how do you know its him. Is he the only 1 you have filtered. All I see is

This message has been filtered, please adjust your filters to view, this is better than any of his or his mates claptrap.

KRSS, If you can decipher the below I will bow to your superior knowledge. !!!!

The group’s share of pro t generated by IRC is US$52.7million, including US$23.6 million effect from partial reversal of impairment
at K&S mine and a further US$21.4 million reversal of impairment of investment in IRC (2019: US$(12.0) million share of losses
generated by IRC and a further US$23.4 million impairment of investment in IRC). Following re-classi cation of 29.9% interest in IRC as assets held for sale, the group recognised a US$55.8 million write-down to adjust the carrying value of net assets
of disposal group to fair value less costs to sell. IRC contributed US$25.0 million to the group’s Underlying EBITDA? in 2020 (2019: US$10.3 million).

Strukov, can not force shareholders to sell, unless he has first made an offer and it has gone unconditional , normally above 90% acceptances. He is a million miles away from that. I would suggest if he was thinking at all of making an offer, then there would be something on an RNS. Even if it is being discussed it as to me made public. I would suggest there are plenty of institutional shareholders who would block any such deal, unless there was a large premium on offer. They would also have to take on the debt, and the guarantee linked to IRC ( AT the moment ) Its funny ( but not a ha ) its 12 months ago, that some on here were predicting telephone number profits and a share price starting with a £, They have since disappeared into the woodwork.

KRSS why would be receive that ????? we are a shareholder ??? If Pog makes money we don't get a share, Don't understand ??

Palladium one what is the IRC value at the moment. I woud suggest its nowhere near the values you are quoting.

As for proving you wrong, Why would I ant to do that when I have agreed from the outset it is a bad deal !!!!! I wish there was a way to stop it. But, I am not going to continually have the same conversation when we are in the laps of the gods.

palladium one, this is at the time. Who knows where the Iron Ore price is going. IRC in the past have a history, of not making money. The current share price doesn't suggest they will continue to be making that amount of profit. But whatever the share rice, or profit I have said for over a year that I think its a bad deal. Unfortunately I don't see what we can do about it. At least Lawrence13 has written to the company.

There was some mention of the bond holders being able to block it, not sure if thats the case, Hopefully, Stocken can't find the funds.

Thank you Lawrence13, The board would e so boring, if we all agreed !!!! We all have our opinions, ad that is what they are opinions, and other peoples opinions should always be respected ( within reason ) I had stated for years, if we are on this board, we should have the same interests at heart, that is for the share price to increase.

Come on Poggy, up to you now.

A show off ???? Anybody who knows me in real life, knows I an anything but that. I speak facts, not fiction, and say it the way it was. I along with others such as Retired Banker and Kenj questioned the results RNS cash position etc etc for years, as there was always something which just didn't add up. I was compounded when during the previous board room coup before Pavel got back in that Pavel was trying to get about $12m collards for himself for refinancing of the bonds ????? Now, I don't know if that is true , but based on the other suspicions it is possible.

As for IRC I have argued for years that I believed IRC could be asset, whilst Retired Banker was suggesting it should be given away for free it it released us from the guarantee.

Stocken have not come up with the money yet, and the clock is ticking, so there is still hope to cling on to.

Lawrence13 Of course I would agree that Things were not as good a year ago, for IRC, I would e a hypocrite, If I didnt , it was still doing better than it had for years, though. I remember having a conversation with Kenj and agreeing with him that I did not think Gamprombank would release the guarantee. How wrong was I. You mention would it be the same if Hambro and Pavel were here, I would say of course it would be , because it was Pavel who agreed to it. As far as I can see it was a legally binding contract providing certain conditions were not.

Hopefully Stocken, whoever they are, are liked to Pavel, and they can't get the 10m, but I won't be holding my breath.

Where were you all when this deal was announced ???? There were only a very minimal minority against the deal. In fact Retired Banker wanted it gone so badly, he was so happy about the deal he said he would give it away.

Now when the gates are open and the horse has bolted, you complain. In my opinion this should have been put to a shareholders vote, and Lawrence13 your tone on Pavel also seems to have changed ???

You know who, has nappies.

As he will be peeing in his pants come August 19th.

He did trade these !!!!! On fantasy Island where he lives, In his Fantasy portfolio.

Irc including trial run on the the Amir bridge in August ( so opened at last )
Corporate & Industry
• Positive Profit Alert with larger profit in H1 2021 than in H1 2020;
• 100% increase in H1 2021 average Platts 65% iron ore price (H1 2021: US$211/t vs H1 2020: US$106/t);
• H1 2021 closing cash and deposits balance increased to c.US$67 million, after
– loan repayment and interest totalling US$17.1 million to Gazprombank in H1 2021; and
– payment of guarantee fees to Petropavlovsk PLC of US$13.8 million in H1 2021;
• Early principal repayment to Gazprombank of US$20 million in July 2021;
• K&S continues to operate normally while it continues to resolve the RTN compliance issues;
• Trial shipment via the Amur River Bridge is expected in August 2021.

He will be loving it. Centre of attention. He deserves Nothing. Especially not his name bandied about. An absolute no-mark.

Feddie2 it was stated in a recent RNS that they had agreed a new credit line at a considerably lower rate with payment terms to 2026. This looks very similar to the credit line Gazprombank offered to IRC.

Ballymoss, I would suggest that after a decade of negativity, its not going anywhere. Has an agenda whatever it is. What sad life.

up further on Nasdaq 23.45 USD
+0.94 (4.18%)today

Freddie2 I agree, it is very frustrating , but they should be able to process much more concentrate now the second flotation plant is up and running. They also have already secured concentrate for the second part of the year. I expect the company to at least meet there expectations, it would not surprise me in the least for them to beat the targets then try to convince us that it is success. We need to formulate a long term plan, Hopefuly we can gauge reaction to the attempt to refinance some of the bonds, that would be a step in the right direction,

bumblebee1 is reacting to things that are being written on the totally board, and has a gripe with a couple of the posters that frequent this board. So having tit for tat, ad feeding on his mates " you know who's" supposed knowledge.

If you do go on another board trashing a share you have no interest in, then you can expect some retaliatory action. Stupidity at its best. I.M.H.O