Member Info for rustybucket

Norges bank are just reversing their position from a few weeks ago, I posted last week that there were things going on with shares on loan.

If you look at shareholding percentage it hasn't changed

Very simple, the stock market nowadays is controlled by algo trading. It doesn't take much for a broker or seller to put a high trade into the market and then take out stop losses.

Kenj Looks like its the release of the guarantee and consent of bondholders ( if needed )

If the consent of GPB is received and the parties enter into a SPA, completion of that SPA will be conditional upon
§ Termination and irrevocable release of the Group from all loan guarantees given to Gazprombank ("GPB") under the facility agreements signed between Kimkano-Sutarsky Mining and Beneficiation Plant LLC, a subsidiary of IRC and GPB in December 2018 ("Guarantees"); and § The receipt of any consents that may be required under the Company's US$500 million 8.125% notes maturing November 2022 ("Notes"), or confirmation by the Board that none are required (the date of "Consent").

Kent did I not read in an RNS, that any decision to finally sell IRC was subject to shareholder approval and gazprobank relinquishing the company from guaranteeing the liability.

Personally, I still think this is very premature, until we know what or not the benefits of the amur bridge are.

I do not think there is anything to stop them commenting on current trading, I would go as far to say that if trading is not in line with expectations they would have been duty bound to issue a profits warning, which is why I could not believe some of the comments on here about delayed results, especially in the present conditions.

15.7 to 1 dilution in the rights issue mean that past prices are totally irrelevant. Unless you do the division.

Updownflat, it was also brought down by being held to ransom by he convertible bond holders

For the people who want to have the debate about trump why don't you put your e mail address on and go and talk to each other on Facebook. I agree wholeheartedly that this is not the board for the rights and wrongs of President Trump.

There have been some informative posts recently on POG. Keep up the good work

Aimtitan, this is not a sex forum, fancy talking about triple knobs.

That a few of the RNS in the last 3 days have related to financial instruments and " borrowed shares "

Your Post

This is only my opinion...

Whilst I agree Gold and POG will do well medium to long term, the market is about to take a downward turn, my HUI target is 80 and may surpass to 60.

The market has already reversed in general stocks (30 April), gold (14th April), major PM miners 8th April, junior PM miners failed to break February's high), HUI failed to break above 2016 high and also topped 08th May....... Sell in May and... 'stay at home :)

The Dollar will boom shortly as general stocks decline... (miners are general stocks too and act accordingly)

I'm in cash waiting and wish all the best!

So, my suggestion is, if you are in cash, Go and buy some premium bonds, there is no return in cash, and let the people who are invested in POG worry about POG.

Toss Pot must have been posting.

I am so glad its on filter, even though not many posts without the filtered rabble.

I commented on this at the time, it looked like they reduced there shareholding, BUT, bought financial instruments, possibly convertible bonds, so there holding increased but risk, reduced.

Thats very old news , and we certainly got a RNS on the 13th December 2019

KRSS, I genuinely think you are deluded if you think this can get to a share price of between £1.50 and £2 that would hive it a market capitalisation of about 5 billion. I just do not see it. Sorry, Hope I am wrong, for obvious reasons but can't see it happening in my lifetime anyway.

jrlse, I totally agree with you. I have had stt1 on filter for over a year and also started filtering anyone who engaged or agreed with him, as sometimes do the bulletin boards in tandem. Often get no posts apart from the below

This message has been filtered, please adjust your filters to view. But I would much prefer that to his , hers or its constant boring tirade against the company.

I do NOT have Curly kEV on filter, as he has posted dor a long time now, he also alerts me when stt1 is back doing his scattering of garbage. Pity he or she or it couldnt go to the recycling centre.

PVX233 Where are you getting the 1 million for 2021 from. ???

pvx233 I am beginning to worry because your post was " Think POG was around £12 when it missed out on the ftse entry back in 2009, with a MC of 2.1 billion. Even with the debt, POG is in a much better shape than it was back then when gold was beginning to wane and POX was still distant ." And I agree with you again.

I think we are in much better shape, simply because the pox hub gives us a lot more options.

deebo12 was over £10 at one stage and just outside FTSE100. But, you then need to take into account the 15.7 to 1 dition of the rights issue so the share price in a pound is now irrelevent as more shares in issue.

PVX233, I agree with you wholeheartedly, some people think shares just go one way. I wish.

Anyway time for bed Enjoy the weekend Poggers and most importantly. STAY SAFE.