Member Info for rustybucket

Kenj. From 24th September. My take on this, is, as long as the " certain conditions" are met the guarantee will be over by 2020. If these conditions are not met it will be 2025 as the payments are made. Over to IRC to finally get their house in order. Under the proposed arrangements, the full release of Petropavlovsk's obligations as a guarantor of IRC's borrowings will happen in stages, thereby reducing Petropavlovsk's balance sheet exposure down to zero. Immediately upon repayment by IRC to the Company of the Bridge Loan amount and the Guarantee Fee, as expected before the end of 2018, Petropavlovsk will effectively guarantee 75% of the amount outstanding under the New Facility (US$180 million of US$240 million), with further staged decreases to 0%, upon the satisfaction of various conditions and achievement of milestones by the Borrower. It is currently expected that part of the conditions and milestones to bring the guarantee down to 50% will be achieved during 2019, whilst full decrease to 0% will be achieved before the end of 2020.

Kenj, did they not say in a previous E Mail that providing certain conditions were met, that Guarantee could be lifted by 2020. Cant remember the exact conditions but I think I read it somewhere a while back.

Small signs of positivity which will hopefully be reflected in the share price soon.

No major surprises, maybe some extra profit from selling the extra resource space initially at POX hub and new resources found. Maybe the foundations starting to be built again. But, that's all they are foundations

That is not the case, you are still a shareholder you still have voting rights and you can still attend meeting

Eddie21, A lot of the below are not actually major shareholders as they just act as nominees for shareholders who hold shares in the crest system. So these figures will be changing daily on any trading.

Tosca will be waiting in the wings for any positive signs and may want to get back close to 30%. The shorters still need to buy back in ( if the company ever reports positive "real growth" ) Time will tell.

At the end

A lot of assumptions made there Ista. Personally, I don't think there is any chance whatsoever, in Mr Hambro having invested large funds in the bonds. People seem to forget, he lost the majority of his shares when gambling on the gold price.

Personally I don't think he has the personal wealth to have done that as he wouldn't have given up his shares as they were at a much higher price than we are at now.

The rights issue, gave him and Pavel the chance to get " some skin in the game ". I am still not convinced it was all their own personal money, otherwise they wouldn't have had put and call options. All my opinion only.

It says the amir bridge has now been joined between Russia and China. Progress being made. Wonder what is happening with refinancing negotiations ???

BORING !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! How many times are you going to post this !!!!!!!!!!!

You can not have read the full document. You are too busy grave digging.

We have seen it all before

official closing price is 6.12 but, thats again down to the closing auction at end oif day. Google report last trade.

directors getting their freebies.

its extended when they can not match the trades normally for 5 minutes at a time normally max 10 mins

Don't mean to be rude, but people should understand how the stockmarket works. It looks today as if POG has done fantastically well. It hasn't as the UT was so far out. The price near close of play was near 5.9p.

Very unusual for UT to affect next days price unless it is very, very, high volumes.

It wasn't a sale of 400000 @ 5.15. That was the UT which is the auction at the end of the day of trades that have not been completed through all day. It was peanuts that's why it was 6p today

All it means is that trades could not be executed in the 5 minutes they have left before declaring UT so it was extended total UT was 292000 shares are so so not that important. Tomorrow it could easily open at 6p. In my opinion nothing to worry about ( apart from the fact share price is so low ) we just need a RNS to say IRC DEBT SORTED and we will increase by 20% immediately and start moving up. All my opinion of course.

Hi Eddie, he is so far up his backside, he is in danger of coming out the other side.

I did used to filter him, but was asked to unfilter him to react to his comments. I have not yet decided which was the best route, BUT, the only people who rejoice in peoples misfortune are " low life scum", if this comes back great, if it doesn't I can manage anyway.

But, I don't invest to lose money and would as Kevin Keegan once said "Love it " if this comes good. This company has been transformed and the share price if they are telling the truth does not reflect the progress that has been made. We are at the behest of the shorters and will be until there is serious long term buying which is sustainable.

Rocket79 V stt1.

stt1 leading at the moment, hopefully its a marathon rather than a sprint and Rocket79 ends up victorious. stt1 at the moment sitting gloating.

stt1. You are like a fly. Annoying. If you were flying in my room. I would swat you.

Kenj, I am not having a go at anyone, I am stating facts, 1 simple fact is with extra problems with IRC, if we had the bank loans to pay as well we would be in bigger trouble, at least this way we have a good 3 years to make hay including offering the pox facility ( if we have spare capacity ) and try and amass enough money to make a big dent into the bonds. By demonstrating that we can make good money it should allow us better facilities when the bond matures.

I realise what happened in 2015 ( seems a long long time ago ) but this time if all goes to plan we should be in a much better position to raise cash if we need it through bonds ? and or new rights issue or placing but hopefully at a much much higher price than we are now, always taking into the fact that if pox hub is a s succeful as we all hope it is, there could be takeovers mergers etc. You also seem to forget about all the restrictions the banks put on us including not allowing us to use our own cash as we wanted. Yes of course there is lots of gobblegook, but do you think the banking facilities had no gobbledegook.

You have your opinion, I have mine, that doesnt mean, that we both hopefully, want the same thing, A bigger more prosperous pog making plenty of cash to give it more choices and increasing substantially the share price. Pavel, said it was ESSENTIAL to re-finance, I dont always agree with what he says or does, but, on that one. I do. Enjoy your weekend.