Member Info for rustybucket

Rise, I agree that they should continue to grow the business, which I believe a positive is the share buy backs, with a still growing cash pot.

Unfortunately, the company has a history of paying dividends and I think they will want to show the market that they can grow and pay dividends as well. When I say unfortunately, I only mean that dividends just take money out of the company. But a lot of investors do like companies that pay dividends.

If they did pay a dividend I am sure that would attract a different type of investor, especially if they had a progressive dividend policy.

Dog, what index is PERI quoted on. ?

Thank you CK.

curlykev, can you copy it to here ??

Updownflat, simple answer is NO. The Award in respect of ordinary shares of £0.01 each in the share capital of the Company (the Shares) was made at nil consideration and, upon vesting, the Shares subject to the Award will be acquired for nil consideration. The Award is based on a share price of 30.77 pence, being the average middle market closing price of such Shares on the three dealing days immediately prior to the date the Award was made.

Vesting of the Award is subject to the satisfaction of a performance condition relating to growth in the Company's total shareholder return (TSR) measured against the growth in TSR of a bespoke comparator group (the Index) over a three-year performance period. The constituents of the Index are:
Centamin Centerra Gold Dundee Eldorado Endeavour Mining Lundin Gold Perseus Mining Polymetal Resolute Minin
- Roxgold Saracen Mining Silver Lake Resources Torex
25% of the Shares will vest if the Company's TSR is equal to median among the Index, with 100% vesting if the Company outperforms the Index, achieving median +10% p.a. or above. For performance between median and median +10% p.a. the Award will vest on a straight-line basis. No Shares will vest in the event that the Company's TSR is below median.
The three-year performance period commenced on 10 December 2020 and will end on 9 December 2023, with performance measured against the Company's average share price over the 90-day dealing period to 10 December 2020.

The sheep have not awakened to this yet. Very rarely has it been top on the daily leader board, so has increased virtually unnoticed, once people take notice then the share will increase even more.

Happy for it to go up in stages, and let the performance do the talking. I wonder how much benefit we are getting from the unruly purchase.

1noise, I still don't fully agree with that, simple reason, is they could all perform badly, but POG, PERFORMS LESS BADLY AND HE IS REWARDED.

I am all in favour of people getting rewarded for success, but, there should be parameters, and not just that we perform better than a medium of companies.

It should include performance, production increase, profit increase, debt reduction, potential dividends and returns to shareholders and share price increase. All my opinion.

Thank you

Freddie2, I for one can't remember, but, I think it was about double what it is now. I also believe, we are in a better position now.

£20 to £25 in 2023, That would be good, I would then be in profit ( lol )

in 2019 the shares in issue were As at 3 June 2019, the issued share capital of Petropavlovsk consisted of 3,310,210,281 ordinary shares, with a nominal value of 1 pence each. Petropavlovsk does not hold any ordinary shares in Treasury. The total number of voting rights in Petropavlovsk is 3,310,210,281 ordinary shares.. There are nearly 4 billion now

the first dilution you have is the 15.7 to 1 rights issue. Then you have the bonds that have been converted. Retired Banker, and Kenj if he is okay might have a better steer, on those but, if you went through all the RNS that would tell you

I agree Shedulike, Most goldies down, Fresnillo and Polymetal International, down 3.8% and 3.0%. The duo tracked spot gold prices lower on Friday. An ounce of gold slipped back below USD1,900 on Friday morning.

We will always move with the gold price for obvious reasons, but, once results are in, we should head higher. People shouldn't worry about ups and downs on a daily basis, this is POG, it has done that for the last decade. And unless you area day trader, you lose nothing till you sell. Still a long term play, still not for widows and orphans. Still a lot to be sorted. But, on the right trajectory.

old age ???? I am only 22 ( lol ) In my dreams

When all the random 1 2 and 3 shares come in. Always seems a ploy to disrupt whatever direction the share is going in.

And more Freebies for the directors, which based on performance they would probably say they deserve.

I wonder how many will be posting this time berating the ceo for selling more.

Hopefully they can keep it up. Must say a big well done to the company, ( for now )

Investor3, I agree that it can also take the share price up. I do not believe it is any individual. It is ( in my opinion ) algo controlled. It is crazy that 100 trades etc can reverse the trend of the share price but, they can and do. Seen it many many times.

I will say it again. Look at the trading at the end. A number of 100 200 and 300 trades. These are not normal trades, in my opinion. They are also trades, designed with 1 reason and one reason only, to disrupt the upward trajectory and keep it down.

Somebody doesn't want it t go up yet.

But, once they have finished d their games, I expect this to continue upwards.

Shedulike, it should as long as results are even just okay, if good should march on upwards, Hopefully we will hear about some of the other things going on as well.

In comparison to some of their peers, costs do seem to have been high, but, because of the way they reported these it was very hard to compare. I called for transparency for years. Even without reduction of costs with gold price at these levels, we need to be making way, and providing the platform for even better growth.