Member Info for rustybucket

The company has bought bonds in the open market at below par. I believe they cou;ld also put a tender offer out as well. But not 100% on last one.

Well do us all a favour and go and buy them then.

We will have our day. I promise you that.

Saddo.

Just went through. 750000 in old money.

No the coupon is paid on an annual basis. At end its repayment of capital.

By just offering straight forward Bond with coupon. No convertible option.

This seems to be a 6752 algo operating ??

This is RNS RELATING TO BONDS. iT IS VERY HEAVY READING BUT DUE TO Mature 2020. Publication of Offering Circular Tue, 17th Mar 2015 07:00 RNS Number : 5977H Petropavlovsk PLC 17 March 2015 Publication of Offering Circular The following Offering Circular has been approved by the United Kingdom Financial Conduct Authority and is available for viewing: Offering Circular dated 16 March 2015 (the Offering Circular) relating to the US$100,000,000 9 per cent Guaranteed Convertible Bonds due 2020 (the Bonds) issued by Petropavlovsk 2010 Limited and guaranteed by and convertible into ordinary shares of Petropavlovsk PLC. http://www.rns-pdf.londonstockexchange.com/rns/5977H_1-2015-3-16.pdf

No ds. Depends

It ds whether new bonds are convertible into shares or not. Most bond issues do NOT include a convertible option.

I believe that this company has good prospects. Woith positive on Yu me should move up.

This could attract new institutional interest to POG as most income funds use either/or income yielding shares ( not POG at moment ) and bonds. Depending on the coupon offered these could be very attractive. Pension funds and investments are looking for this type of investment generally called "junk bonds" when they are not "A" LISTED. there aren't many "A" listed companies around and theirr yield, if offered would likely be a lot lower than ours. Lest see if the new board can negotiate better deals. One without a convertible offering would be agreat start. Unless of course the convertible element was set at 25p ( lol )

From BMAC below. I like this. Our unique relationship and integration with RhythmOne is an example of how two leaders within the ad tech ecosystem are working diligently to ensure advertisers can maintain control over the context in which their ads appear," said Ryan McBride, V.P. Platform Partnerships at Grapeshot. "Integrating in this sophisticated manner gives RhythmOne a leg up over other platforms because, in addition to ensuring that advertisers can access real users, RhythmOne also ensures that they are on contextually appropriate sites that advertisers approve. Our partnership demonstrates a level of commitment to brand safety that not all platforms offer." Using Grapeshot's scoring, RhythmOne categorizes traffic into 4 levels of quality -- premium, high, low and unsafe. Unsafe sites are automatically blocked. The remaining traffic is filtered based on the quality standards of the requesting advertiser. In addition to blocking all recommended "bad" pages, RhythmOne goes further by blocking all pages that come back as "not crawlable" or "not crawled yet," taking immediate steps to block even potentially suspicious traffic. Such standards help ensure no questionable traffic is presented to brands for bidding. RhythmOne then works closely with their publisher partners to ensure their content is being crawled, ranked and in good standing. Finally, Grapeshot also provides benefits on the demand side. Through the RhythmOne platform, advertisers can target specific categories or keywords that they wish to include or exclude from their campaigns, facilitating micro-targeting around very specific and/or timely content. "In a programmatic environment, being able to control for brand safety is as important as being able to eliminate fraud or target to specific viewability standards," said Bhaskar Ballapragada, Head of Product at RhythmOne. "Our partnership and deep integration with Grapeshot's technology within our programmatic marketplace is designed to address evolving brand safety concerns and give advertisers peace of mind and control over the context in which their advertising appears."

It looks like the company are going to issue 5 and 7 year bonds. I would presume that this is to repay existing bondholders and or banking facilities. They have employed a few companies to go and find out interest. Although that would extend the timescale of debt it would make it much more manageable. It could also be that it does not include a convertible option. You would expect these could easily be afforded once Pox hub up and running. Very interesting to see what interest there is because the biggest obstacle to share price is the present encumbents of the bonds. The bondholders themselves.

Was going to put a certain word but admin would probably ban me. RTHM1 isn't as affected by FTSE movement otherwise we would be at �20. It is affected by its own performance. If it gets it right it will FLY, if it doesn't it will drop. Stop try to scaremonger to suit your own devices.

I believe this was due to be heard yesterday. Anybody heard anything about this. ??

Retired Banker they have made it quite clear that the reduction in production was so that they did not produce lower quality gold as they had large reserves which could be processed more economically at the Pox hub. It is no use producing larger quantities if it is of lower quality and isn't profitable. We need to get the pox hub up and running asap and then look to maximise profit very quickly to have the funds to pay off bondholders if they choose not to convert.

I might have made a mistake on that one the only one I can see quickly was 5m. Sorry At work so cant check through all.

The company paid for that is cash 20m so its sorted. We had a RNS a few months ago.