Member Info for rustybucket

Personally, I think the fact they have mentioned Nasdaq listing means they are pursuing it. As for options, I believe they have a number of options already, they just have not met the conditions yet to mature. If they got a Nasdaq listing it would make those already very worthwhile options even more worthwhile, and I am sure they will have something in place to make sure they are well rewarded.

But lets be honest if they continue to progress, and the company share price continues to grow, they would say they have earned it.

Better to get paid for success, rather than failure that some other companies have done.

There is only one person who would begrudge them options for success. Who ??? Our resident comedian STIT1.

Oops spelled his name wrong, What a shame.

Shedulike, I don't blame the current board, for the flotation plants not being completed, except for the fact it was put back another 6 months.

I do blame the board and Public relations for inertia, and a lack of communication, and especially the PR department for not even having the courtesy to answer e mails.

I think it was also very very poor, that we have an update on the website, that a poster on here flagged up. Personally, I thought the update was very informative, but why not put an RNS out advising it is available.

There has been NOTHING from the new CEO that would fill me with confidence.

I just hope I am proved wrong and before the end of the month ( like we should ) we get an update, that inspires confidence and gives a strategy of what is happening with production, forecasts, bond maturity, EMI, IRC, Bond prepay repayment, cash in bank, etc etc. Because in my opinion, we need to have a strategy.

I think there has been a lot of negativity towards both Peter and Pavel on here, the strategy was correct, the gambling on a high gold price was initially wrong and the debt they accrued nearly bankrupt the company. Hopefully, we are in a better place now. I would imagine there are a lot of discussions on the bond maturity and the strategy for repaying that.

Gazprombank providing the money is an option, but at what cost ? we need to look at the best possible deal, with interest rates at all time lows there should be some mileage in getting a good deal at a reasonable coupon. But because of the companies rating as round about the "B" level, it is never going to be at rates of the likes of gilts. But shouldn't be at junk bond rates either. Time will tell.

There was no way the pox hub just cost $350m. It cost a hell of a lot of money initially, then it was mothballed and cost even more to complete.

They say to build them now you are talking about a billion plus. I am with Lawrence13 here, without the debt, and the pox hub, the company would be Donald Ducked !!!!

Hi Farrugia1967, Good to hear from you. I hope that you can find a lot more to chuckle about, All the best and stay safe

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So much nicer to see this, than get annoyed and try and debate, YOU WILL NOT WIN !!!!!!!

Sin bin keeps you sane.

I agree with everything Ginodog, says, except for one thing. Once you have joined the conversation, just put stit in the bin, and save your self the grief.

Lowlife scum are not as annoying as stits posts and I don't get to see them.

Same regurgitated rubbish hour after hour, day after day, month after month, year after year, and now decade after decade.

Go and get a life.

Lawrence13, I have questioned many things Peter and Pavel have done over the years . I have also said the way the results were announced, often left more questions that answers.

They were instrumental in having the foresight to build the pox hub, what we have to ensure, it is an asset, not something for people to try and steal at a pittance. There is absolutely no doubt in miming, they have made mistakes, but, so have I.

The public relations and communication, in my mind, were much better with Pavel and co, but, that is maybe because they had a lot of plates spinning and something was nearly always happening.

The one thing that is abundantly clear to me, is POG have not used the higher gold price to there advantage, YET, But it was quite apparent that a large chunk of pre paid gold up front money was paid off in the last update, which the PR department and BOD, didn't think was worthy of us knowing about ?????

The case with Pavel, needs to run its course. I personally don't believe he should be incarcerated, unless there was reason to think he might abscond. We should never presume.

Denis has done NOTHING, in the time he has been here to say he is the man to turn things around. Yes he has to get to know the company, but, that does not stop him advising us that is exactly what he is doing and telling us he is working on a plan.

The forthcoming results and update calendar was always a good help as it gave you an idea of when to "expect" something.

I am still expecting an update BEFORE the end of march. Pavel should be classed as innocent unless proven guilty. You seem to think he is innocent, Lawrence13, you think its a conspiracy. What if its not and he has done wrong. What then,

The only thing I would say, is, I hope he gets a fair hearing, but if he is found guilty, don't be surprised if other things come up.

If he is innocent, then I am sure he will fight tooth and nail to get back. Would I support him, it depends on what happens during the next 9 months, But based on the inaction of the present incumbents, I would. Time will tell.

I thought there would be more comments on the results which on first glance look rather good. Especially the bit about looking at dual listing in USA.

SO Updownflay, let me hear how they are going to repay debt in 4 years when we have a $500m bond issue to mature next year. I will be very very interested to hear your proposals.

0.196-0.009 (-4.39%)
At close: 4:08PM HKT
IRC share price has dropped a bit last week or so. Normally we get an update for both IRC and POG towards the end of March.

sw77 if the results beat expectations by a lot they are duty bound to advise the market, just as if they are markedly below they are duty bound to issue a profit warning.

Based on the last update, and the very interesting meeting with Finntech, I think we should look forward with a lot of positivity.

Not really very helpful, unless we have dates for annual report an AGM, BUT NEVERTHELESS, THEY CANT GIVE OUT THAT SORT OF INFORMATION UNLESS ITS IN TH PUBLIC DOMAIN. At least you got a reply.

Its all we can do, I am still waiting for the answer to the question I sent. I wonder what the hell they actually do !!!!! Some customer relations when they can't answer a simple question.

People can say what they want, but in the past, emails had been responded too, well and quite timely.

The whole company from the CEO downwards, needs looking into shocking PR and no wonder the SP has dived.

I often wonder what the hell these people get paid for. ??

Yesterday only 5064 shares able to be purchased, I would have thought this is showing there are not a lot of shares to be bought. Bodes very well, if we can a good update.

Normally, in normal circumstances people can attend the age and ask questions. Some companies ask for those questions to be submitted before the agm.

As you get an answer from Public relations, maybe worthwhile sending the question to them and ask them to forward it to bod.

These nuggets called BOD, AND PR will have an update out before end of March, with a plan.

I posted a while back that unfortunately I could see the share price drifting because of inertia. Nothing happening and no reason for price to go up.

My message to the CEO, BOD, AND PR. "Get your fingers out and do what you are paid for "

swonder77 sold some shares you not going to have a go at him.

And by the way have you used your pocket money to buy a share yet ???

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Uptown flat. The UK government have a target for cpi inflation of 2% it is currently 0.7%. Because interest rates and inflation are generally similar, the government has a vested interest in doing it absolute utmost to keep inflation down, as when interest rates go up employees want more money.

Also inflation affects the state pension and because of the level of debt we have accrued during cover it is even more important to keep both inflation and interest rates down.

16:28:58 26.65 200 Buy* 26.55 26.65 53.30 A
05-Mar-21 16:28:58 26.65 800 Buy* 26.55 26.65 213.20 A
05-Mar-21 16:28:58 26.65 200 Buy* 26.55 26.65 53.30 A
05-Mar-21 16:28:58 26.65 300 Buy* 26.55 26.65 79.95 A
05-Mar-21 16:28:58 26.65 200 Buy* 26.55 26.65 53.30 A
05-Mar-21 16:28:58 26.65 800 Buy* 26.55 26.65 213.20 A
05-Mar-21 16:28:58 26.65 200 Buy* 26.55 26.65 53.30 A
05-Mar-21 16:28:58 26.65 100 Buy* 26.55 26.65 26.65 A
05-Mar-21 16:28:58 26.65 100 Buy* 26.55 26.65 26.65 A
05-Mar-21 16:28:58 26.65 300 Buy* 26.55 26.65 79.95 A
05-Mar-21 16:28:58 26.65 100 Buy* 26.55 26.65 26.65 A
05-Mar-21 16:28:58 26.65 500 Buy* 26.55 26.65 133.25 A
05-Mar-21 16:28:58 26.65 100