Member Info for rustybucket

Not a problem, rashariati, hopefully, we all want the same thing.

Haven't bought or sold a single share since blinky. Still down overall but every day gets a bit closer.

I don't care though, I wrote them off and never looked at a valuation for years. At least something worth looking at.

well done on long suffering shareholders keeping the faith, and hopefully more to come. All the best to all.

rashariati, It was meant " tongue in cheek " to updownflat , based, on his we need to reduce headcount.

We need to do whatever it takes to get some positivity into this company.

This can be helped by any signs of the new bod and the company coming out of hibernation, there are a lot of plates , that should be spinning, it would be nice if the bod, actually sent an RNS just to say they are alive.

Every day with no update whatsoever is another day when the share price is in limbo. This company should be in a great position, BUT, at the moment there are more questions than answers.

With the benefit of hindsight this might be a very good time to top up, but until this inertia stops I can not see any real upside.

short to medium term, By this, I call it as being 1 year plus I would expect an easy 20% plus increase, longer term, and by this I mean 5 ears plus, I would expect the share price to double as a minimum from present levels.

Time will tell.

updownflat, you complain about the headcount, then you congratulate Denis on bringing in 10 people,

F.F.S THEY HAD JUST BEEN BOUGHT, THEY WOULD PROBABLY HAVE BEEN OUT OF A JOB ????

A new intraday high and a new closing high, bodes well for the company, especially if you take into account some of the things, sharenicelynow, has shared. ( Thank you for that share nicely now ) Onwards and upwards

All this rubbish about STRUKHOV, BEING THE OWNER.

Lets put things into perspective, HE might be a leading shareholder, BUT he is NOT, THE owner. He can't do things of his own agenda, as he does not even have a controlling interest.

All this is pure fiction. The post is contradictory, it talks about increasing his stake, then it says he has no money. He is not getting mine FREE.

Lawrence13 you have defended Pavel ever since the coup. Would you like to sell your shares to me at 50% or less of the value. ??

In my opinion Pavel should not be in Jail, unless there is reason to think if he was not, he would abscond. But there are numerous reports saying there is a case to at leat answer. If, he was found guilty, what would be your stance on him then.

I personally believe if he was in charge there would have been more communication from the bod, but, was that to divert attention away from other things going on.

For me, the jury is out on both the new bod, and Pavel, unless I get FACTS, not speculation.

Smiley, the chartists ( which i am not ) will tell you differently. The MAXIMUM close has been £7, it has a couple of attempts of passing this including yesterday, but has failed.

Until this has been breached permanently, IMHO, it will be a stumbling block. Once over permanently, there is clear daylight.

Hopefully a close today, above £7. As for being a limit, to what a share will jump in a day, there is not, , There is no limit, I have seen shares double and triple in a day, albeit, from much lower market cap than Tremor, but, there is certainly no cap.

Just the temporary auctions when the price moves 10% or more or the extensions to a trading stoppage when the price moves quickly, just to give the price the chance to settle down and the chance for market makers to take stock.

The number of shares in issue. Shares in Issue 12,473m. The upside in this company is very very limited, because every time there is a glimmer of hope, they either raise more cash or issue more warrants.

I mentioned pump and dump when the price went up. Low behold, up to 0.2p plus, and a placing at 0.125p. Please dont get burnt. I have been twice, no more, I wish you all well. BUT, all these companies who are now thinking Lithium is the way forward, are years behind companies like BCN. Good Luck all. And feel free to come and tell me I was wrong if I am proved wrong. All the best.

That is an absolute load of rubbish, updownflat, you DONT pay a dividend, when you have the money you borrowed for the early selling of gold, the Bonds that need to be refinanced, the IRC guarantee, and the interest on the convertables.

The time for a dividend is when these are addressed, but as they are asleep in their hibernation, wont be happening anytime soon.

You said you were an accountant what do you use, An abacus. And remember there is nearly 4 BILLION SHARES in issue, thats an awful amount of money we have not got.

I believe I posted once you were DELUDED. Please post something sensible that shows you are not.

I am not trying to cause an argument, I would just like you to show some reasoning behind your extra-ordinary posts.

And every 24 hours that passes, is another 24 hours of no reason for the share price to go back to where it should be.

stupid bloody computer doing its ago-correct that is not correct.

VERY Good Finish But, its quite clear £7 is a stumbling block at the moment. Once we can breach that, there is clear daylight ahead, on an upward trajectory. Still off the radar. The sharks still haven't seen this little fish.

Well done the B.O.D on executing on the plan. Keep it going. !!!!!

Bit, its quite clear £7 is a stumbling block at the moment. Once we can breach that there is clear daylight ahead, on an upward trajectory. Still of the radar. The shake still haven't seen this little fish.

Well done the B.O.D ON executing on the plan. Keep it going. !!!!!

Updownflat, you giving advice to your wonderful board, Have you not realised they are hibernating.

Nothing short of a disgrace, with no news this will drift, unless there is massive upside in Gold price. They NEED to get of f their backsides, and do the job they are paid to do.

My holding is modest compared to some on here, but would be large for some others.

Nice to see the company continuing to deliver. Long may it continue.

- Video advertising technology firm Tremor International said on Monday that its first-quarter trading performance, historically the lowest quarter by revenue in the year, was "significantly ahead" of the same period in 2020.
Tremor said its "continued sustainable organic growth" was "a clear endorsement" of its strategy, executed by the firm's end-to-end technology platform together with strong demand inflow.

As a result of the strong first quarter, the AIM-listed group now expects full-year trading to be "significantly ahead of management expectations", with net revenues of $55.0m-60.0m, an increase of 71%-87% year-on-year and adjusted underlying earnings of $25.0m-28.0m.

Programmatic net revenues were also pegged to grow by 84%-95% in the quarter.

"This positive momentum continues to be underpinned by the successful execution of the company's strategy, which focuses on video and data, with Tremor's core solutions of Connected TV, Private Marketplaces and its self-serve platform continuing to achieve significant traction," said Tremor.

- Video advertising technology firm Tremor International said on Monday that its first-quarter trading performance, historically the lowest quarter by revenue in the year, was "significantly ahead" of the same period in 2020.
Tremor said its "continued sustainable organic growth" was "a clear endorsement" of its strategy, executed by the firm's end-to-end technology platform together with strong demand inflow.

As a result of the strong first quarter, the AIM-listed group now expects full-year trading to be "significantly ahead of management expectations", with net revenues of $55.0m-60.0m, an increase of 71%-87% year-on-year and adjusted underlying earnings of $25.0m-28.0m.

Programmatic net revenues were also pegged to grow by 84%-95% in the quarter.

"This positive momentum continues to be underpinned by the successful execution of the company's strategy, which focuses on video and data, with Tremor's core solutions of Connected TV, Private Marketplaces and its self-serve platform continuing to achieve significant traction," said Tremor.

As of 1040 GMT,Tremor shares had surged 16.17% to 704.0p.

Good news Winstanley, thats an understatement, its Fantastic news.

CONTINUED PART 2

The combined TEMI licences cover an area of 1,013km2 where extensive alluvial gold deposits have historically been exploited. As at 31 December 2018, TEMI's JORC Measured, Indicated and Inferred Mineral Resources amounted to 4.00Moz of gold contained in hard rock. This includes 1.95Moz of JORC Proved and Probable Ore Reserves, of which 1.53Moz are classed as non-refractory. The Company expects production to commence at Elginskoye in 2020 to coincide with the depletion of ore currently mined from the main pit at Albyn. Ore mined at Elginskoye will be transported by truck along a recently completed c.30km all-season road to the existing processing facilities at Albyn. As announced in the Company's Half Year Report, an in-fill drilling programme has been completed which focussed on the Phase 1 pit to increase the accuracy of near and mid-term mining plans. Waste stripping followed by initial ore mining is expected to commence in Q4 2019 and the Company anticipates that gold production from Elginskoye will reach 156koz in 2020, benefitting from the shallow nature of the orebody and low stripping ratio.

Longer term, Elginskoye is considered highly prospective with recent drilling on the periphery of the known JORC resource model hitting attractive intersections and the orebody remains open in all directions. Unglichikanskoye accounts for 0.58Moz of the total TEMI JORC Resources and 0.46Moz of total non-refractory Reserves and is also considered highly prospective, comprising of a series of sub-parallel, relatively narrow, steeply dipping zones, which are proven over a strike length in excess of 5.2km. Unglichikanskoye is also amenable to rapid development and the Company considers that it could be in production from 2022
In addition, there are number of promising prospects of which Afanasevskoye, Ulgen, Yasnoye, Leniskoye and Pridorozhnoye are the most significant.

23 September 2019



Petropavlovsk PLC



Smaller Related Party Transaction ( I wonder where we have heard that terminology before ???? )

In accordance with Listing Rule 11.1.10R(c), Petropavlovsk PLC ("Petropavlovsk" or the "Company") announces that as disclosed in the Company's Half Year Report issued on 10 September 2019, it has entered into an option agreement with Agestinia Trading Limited ("Agestinia"). Agestinia holds a 25 per cent. interest in TEMI LLC ("TEMI"), a 75 per cent. owned subsidiary of Petropavlovsk which in turn holds licences for the Elginskoye Ore Field and Afanasievskaya Prospective Ore Area. Whilst there is currently no production occurring on the licences at the Elginskoye and Unglichikanskoye deposits they hold a substantial amount of non-refractory reserves and resources which are suitable for processing at the Company's resin-in-pulp plant at Albyn.
The option agreement entitles Petropavlovsk to purchase, at the Company's discretion, Agestinia's 25 per cent. interest in TEMI. The option price is US$13.0 million to be paid by 18 November 2019 (the 'Option Price') and upon payment of the Option Price Petropavlovsk will have the option to acquire Agestinia's interest, conditional upon any regulatory consents or approvals being received (the 'Option'). US$7.0 million of the Option Price was paid to Agestinia on 29 May 2019. At Petropavlovsk's election, the remainder of the Option Price (US$6 million) may be paid in cash or Petropavlovsk Ordinary Shares at a fixed price of 8.26 pence per Ordinary Share.

Subject to payment of the Option Price, the exercise period for the Option is 730 days from 22 May 2019.

The exercise price of the Option will be: • US$60.0 million; or • US$53.5 million if the Company exercises its Option on or before 20 May 2020

The exercise price for the Option may be paid in whole or in part in Petropavlovsk Ordinary Shares using a monthly average price
As Agestinia is a substantial shareholder in a subsidiary undertaking of Petropavlovsk, it is considered a related party of the Company for the purposes of Listing Rule 11.1. The entry into the option agreement is a transaction which falls within Listing Rule 11.1.10R (modified requirements for smaller related party transactions) and this announcement is made in accordance with Listing Rule 11.1.10R(c). Should Petropavlovsk determine to exercise the option, it is likely that the transaction would constitute a Related Party Transaction under Listing Rule 11.1 and, if it does, it would require, inter alia, shareholder approval.

As at 30 June 2019, the Company recognised a US$9.2 million fair value gain on the Option, based on a valuation undertaken by an Independent Expert.

Lawrence13 Maybe because 75% already belongs to us. I was only the remaining 25% we were talking about buying.

There was quite a right up on one of the RNS relating to the TEMI purchase about 12 months ago. I will see if I can find it.

I wonder which way they will proceed.

Update on the Proposed Exercise of an Option to Purchase 25 Percent of Temi LLC

Further to the announcement made on 16 April 2020, Petropavlovsk PLC (the "Company'") announces that the Company held the adjourned General Meeting today to consider two Resolutions whereby the Company would exercise an option agreement to purchase 25% of TEMI LLC as detailed in the Company's Circular to Shareholders dated 27 March 2020. Subject to shareholder approval, the Company has the right to complete the purchase both in cash and in shares.

Since the decision to seek shareholder approval on exercising the option was taken, market conditions have altered significantly as a result of the Covid-19 pandemic. The Company's share price is currently at a level which is more than 40% higher than the price of £0.179 per new Ordinary Share agreed with the vendor, Agestinia Trading Limited. In the current volatile environment the Company is focusing on ensuring a continuing satisfactory liquidity position.
In these changed circumstances the Board of Directors understands the lack of majority support from shareholders for the exercise of the option agreement on its current terms. The Board accordingly announced at today's General Meeting that it was withdrawing the two Resolutions. The Company has until 21 May 2021 to exercise the option and the Board and Management will review the possibility of exercising the option over the year ahead, in the light of future market conditions and in the interest of shareholders.