Member Info for rustybucket

Toscafund Asset Management 30,061,691 22.5%
Mithaq Capital SPC 19,955,231 15.0%
Schroder Investment Management 19,884,735 14.9%
News Corp 8,525,323 6.4%
JB Capital Partners 5,561,531 4.2%
Ibex Investors LLC 5,415,000 4.1%
Hargreaves Lansdown Asset Management 5,209,121 3.9%
Interactive Investor 4,938,252 3.7%
River & Mercantile Asset Management 4,918,920 3.7%
by my reckoning thats 78.5% owned by institutions and there will be more that have not reached the 3% threshold, so not many for personal investors, especially if any significant upgrade in revenues an profits.

KRSS, I missed that about KAZ, Must say, thats one that got away for me as I had a good holding at one time. But that is a company who is more focussed on Copper, and keeps delivering on its promises with good EBIBTA and profits.

I am not sure a merger with UGC would be a benefit to us, as I think Personally Strukhov, would benefit more from that kind of deal that ourselves.

But, for the chance of being boring, It is about time Denis actually started earning his corn and giving us a update. Company should be in the best position for decades, but we have an "unearthly silence" which does absolutely diddly squat to retain, and even more importantly attract new investors.

The no news is good news , just isn't working in this scenario.

Not much comment about the magnet results. How did people feel about them and their value re ours.

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Curly Kev said, get back under your rock, so go and do as your told.

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I open the page and about 50% of the posts are filtered

Funnily enough, the people I have filtered are the ones people seem to have problems with. My life is so much better with the filter button, and I have no regrets about using it.

I have said before, I will say again, rather than having dialogue with them, why dont you try th filter for a week. Your life, will be so much better, in my opinion. If you dont like it, it is a simple thing to turn off the filter.

Lets get round to debating Tremor and our peers, rather thn engaging with no-marks who have an agenda.

Updownflat, So was Sebastian Coe, but he delivered. Time for your mate Denis to prove his worth what he is being paid. A good start would be to publish some investor timetables,

Even better come out and give us a strategy, the silence is deafening.

Replied to the idiot. Why bother , you are just giving it food to feed the ego. I despair.

Updownflat, my impression, for what its worth are Gazprombank, are not influential at POG as they have the borroings to IRC, which POG provide the guarantee, and then the pre pay gold.

I wonder whether they might want to get involved in the refinancing of the bonds, by potentially providing the funds in exchange for prepaid gold. ???

You 2 ( and you both know who I am talking about ) are like a couple of squabbling schoolkids, grow up

5 years down the line, with Amur bridge completed, if Iron Ore stays high, and if they continue to repay their debts IRC could be multiples of this price.

I know we have the guarantee, but, if IRC CAN CONTINUE TO PROSPER, IN TIME IT COULD BE A VERY VALUABLE ASSET.,

Now 0.26, not far off the highs of the last 12 months ??? Is there hope at last ?

No disrespect Workingstiff, but the new bod can help create that by giving some information that encourages new investors.

I honestly, can not think of one positive RNS from the new CEO. They have hired new PR PEOPLE, WHAT ARE THEY DOING. ??

How long does it take to find the feel of a company. They should have developed a plan by now, and they should share that with us. The results were a damp squib , and the inertia is killing us.

Updownflat, I really can't understand your post, " but as we know from the last 6 months its much worse if Pavel is free, " That, in my opinion is a ludicrous statement.

Back it up with hard facts. ???

Lawrence13 from what I read Pavel sold a building to Pog that POG had been using,

Based on the valuations of the place where it was located, it seems that Pavel sold it for more than 3 times the value of similar properties in the same location. You would have thought that POG would have used an independent valuer.

If this is true, Pavel would have known, the value of properties around, but, this is heresy for now, and until we have some sort of decision, in my opinion this should be put to bed.

But lest assume, Strukhov, was correct, and Pavel had committed fraud, then what then Lawrence13. ??

It is about time the CEO did something to justify his salary and get his finger out from where the sun doesn't shine.

The new CEO will get all the support he needs when he starts earning his corn.

I have seen NOTHING, Yet, to show he is even as good as the prior CEO. Actions speak louder than words, so over to him. Prove you can steer the good ship POG, and give a strategy, forecast, and an update on whats going on. He has had long enough.

Hopefully, we will get it earlier this year, like the update, as we are beating expectations .

Lawrence13, Maybe, just maybe, there is some truth in this, and they are looking to protect their investment ??

Now I do not know all the ins and outs of this case, but this is not the first time Pavel has been accused of wrongdoings. I remember during one of the bond offerings he was accused of trying to get a higher bond coupon rate and in turn getting paid a lump sum personally for doing this.

No doubt in my mind as well, that as well as being partly responsible for managing us into a rights issue at a ridiculous price, he and Peter were probably well paid for "supposedly" underwriting the issue. What they failed to advise it was not their money it was borrowed money, and they both took out put and call options.

Peter gambled, on the gold price previously and lost. I wonder if, he hadn't lost on that bet, and he still had a sizeable stake, whether he would have allowed the company to get into the state it did.

Benefit of hindsight is a wonderful thing, when the company was flourishing, paying dividends, and close to the FTSE 100, THAT WOULD HAVE BEEN THE TIME TO HAVE THE RIGHTS ISSUE, and the fact that it was to build a pox hub, would, in my opinion, have been well received. We could have raised enough money to build the pox hub, and not even get into the situation with the convertible bonds.

The mere fact that the bondholders supposedly forced the companies hands, was a position we allowed ourselves to get into by issuing them in the first place.

So let justice prevail. If he is innocent, then free him, if he is found guilty then he deserves everything that he has coming to him.

If I had a property worth £300000 and I was able to con someone into paying £1m for it, by foul means, I would be punished. If Pavel has done similar, then he deserves the punishment that is coming.

Judging by the time it is taking to complete this investigation, with a deathly silence, I wonder if anything else comes to light. Neither of this is doing POG any good, All, My Opinion.

Lawrence13, trucks, to all intents and purposes already owes money, so where the hell would he get the money to buy POG.

With the assets POG HAS including one major asset, namely the pox hub, I am sure if POG was for sale, especially at a firesafe price there would be plenty bidders. You also forget that POG HAS $500M OF BONDS THAT ARE MATURING NEXT YEAR, THE CONVERTIBLE BONDS, THE PRE PAY MONEY OWED TO Gazprombank and the liability to the IRC debt, so in my opinion, there will be no bid for POG AT ANY PRICE AT THE MOMENT.

All my opinion, and sorry, for the capitals, but wasn't going to re-post it.

Steviewonder77 Please don't insult my mate Deputy Dawg by calling him yogi bear ( lol )