Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Two RNS about a service which, I believe, hasn't been active since 2018. The report has conclusion but no decision on possible action.
TODAY a presentation in relation to the Company's interim results for the six months ended 30 June 2020, on Thursday, 24 September 2020 at 3.30 p.m. BST.
The presentation will be hosted on the Investor Meet Company ("IMC") digital platform
and is open to all existing and potential shareholders.
Investors can sign up to IMC for free and add to meet Tremor
via: https://www.investormeetcompany.com/tremor-international-ltd/register-investor .
RNS published today is buried under several shareholding notices. _____ extracts
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"Reached agreement on the terms of a recommended all-share combination of RWS and SDL
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"Announce a shareholder circular (the " RWS Circular ") will be published today that contains information on the background to, and reasons for, the Combination and includes a notice convening a general meeting of the Company (the " RWS General Meeting "). The RWS General Meeting will be held at 10:00 a.m. on 9 October 2020 at Europe House, Chiltern Park, Chiltern Hill, Chalfont St Peter, Buckinghamshire, SL9 9FG. The RWS Circular is expected to be posted to RWS Shareholders shortly. A copy of the RWS Circular will be available for inspection on the Company's website at https://www.rws.com/investor-relations. "
Press 02Sep20
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https://www.telegraph.co.uk/investing/shares/questor-two-translation-firms-getting-together-can-speak-language/
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EXTRACTS
Beginning
"Whenever I see a mega-merger I worry but RWS has done three or four now and made them work.”
Ends
“If I had to back anyone to pull this off it would be these guys.”
RNS late Thursday with details but few numbers awaiting circular by late October
For scale some back of Beer Mat numbers
Stockopedia give
Est Long Term Growth rate (21E)____SDL 8.3% and RWS 5.9%
Estimated Dividend Yield (21E)_____SDL 1.12% and RWS 1.56%
Using my Back of a Beer Mat numbers by adding RWS and SDL figures (with different ye) we ended up with:-
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Combined £m_______2017__2018__2019____TTM__2020E__2021E
Total Revenue__£m__450___629___732____728___721___774
Operating Profit____49____63____91.6___90.7
Net Profit £m_______53.1__43.1__64.7___65.6__76.4__90.3
PE Ratio forecast____________________________32.7__32.7
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IMHO It seems worthwhile holding on for the sales pitch with real numbers
Pokrovskiy is the site of the POX hub. It ceased mining operations in 2018 after 19 years. It has 481 employees . POX hub started in December 2018 treats up to 500kt pa, depending concentrate properties, from Malomir mine, 3rd parties, and shortly from Pioneer mine (in q4 of 2020).
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The Moscow office connection is PHM engineering, the group's engineering division, as well as the old Pokrovskiy mine office. Reports suggest computer equipment and software were stolen. Working design, drawings, and metrics of the most successful POX hub in Russia are valuable. They could be worth more than a year’s production of gold
RNS published for ACQUISITION OF OSISOFT, LLC ("OSISOFT") $5.0 billion
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Expected Timetable to Completion
Combined Circular and Prospectus, the terms of the Rights Issue, notice of the General Meeting, expected to be sent in October or early November 2020.
Completion is expected to occur around the end of the year.
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For Scale
AVV market Capital c £7.0b ___ ISISOFT c £3.8b
Proposed Rights Issue c.$3.5 billion say c £2.7b
Will announce its interim results for the six months ended 30 June 2020 on Wednesday 16 September 2020.
I searched on Traxys Russia and their Tin project doesn’t appear to be a mining company more of a metals trading company
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Based in Moscow, Russia. Established in 2006. Traxys Russia is a trader of steelmaking raw materials, base metals and minor metals & precious metal products. Based in Moscow, Russia. Established in 2006.
• Year Established___2006
• No. of employees 1 - 5 _________________________Meanwhile____ POG has c 2,500 employees
• Ownership_____Traxys Europe SA, Luxembourg
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From the RNS: __ Mr. Meshcheriakov has more than 17 years of mining experience and has been involved in various projects in mining, metallurgical and other sectors, including most recently as Director General of Traxys' tin project in Russia.
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I guess we need to know a little more about Mr. Meshcheriakov
Passed for information only........ I haven’t tried this
Saturday, August 08, 2020, 01:24 PM EDT
How To Claim A Copy Of Codemasters F1 2018 Racing Sim For Free This Weekend
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https://hothardware.com/news/how-to-claim-f1-2018-racing-sim-for-free
Petropavlovsk is a major shareholder (31.1%) of IRC Limited and guarantor of a US$225m debt facility,
______IRC HIGHLIGHTS – 2Q 2020 __ TODAY
______K&S
• 8.1% and 8.5% improvement in production and sales respectively over the previous quarter,
despite issues with mining works
• Average production rate of 91.8% in 2Q2020 (1Q2020: 85.5%)
• Current production and shipment rates of c.90%
______Kuranakh
• Care and maintenance process satisfactory
• In administration, but available for re-opening Corporate & Industry
• Profit of not less than US$5 million in 1H2020 (1H2019: Loss of US$25.2 million)
'______Extracts
• Good production rate, strong iron ore price and
weak Russian Rouble contributed to IRC’s profitability
• Impact of COVID-19 not as yet significant
For the first half of 2020, K&S operated at an average capacity of 88%.
1,395,411 tonnes of 65% iron ore concentrate were produced and 1,383,350 tonnes were sold,
an improvement of 14.3% and 11.6% respectively over the same period last year
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Group unaudited profit attributable to Shareholders for the six months ended 30 June 2020
of not less than US$5 million, as compared to unaudited loss 2019 of US$25.2 million
FWIW_______LONDON--(BUSINESS WIRE)--Jul 23, 2020--
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Prosperity Capital Management (“Prosperity”), a leading Russia-focused asset manager controlling approximately 20 per cent of the outstanding share capital of Petropavlovsk PLC (“the Company”), announces that it has made a submission to The Takeover Panel regarding a potential breach of Rule 9 of the Takeover Code (the “Code”) by Everest Alliance Limited, JSC Uzhuralzoloto Group of Companies (“UGC”) and a number of other shareholders (together the “Concert Parties”) who collectively own more than 30% of the Company’s outstanding share capital.
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Rule 9 ____ SECTION F. THE MANDATORY OFFER AND ITS TERMS
Formats: Xbox One (reviewed), PlayStation 4, PC, and Stadia Price: £54.99
Publisher: Codemasters Developer: Codemasters Birmingham
Release Date: 10th July 2020
A REVIEW
https://metro.co.uk/2020/07/06/f1-2020-review-perfecting-formula-12949370/
What will the opposition do if the decision goes against them ???
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Be VENGEFUL and dump their large holdings and deflate the share price.
Be AGGRESSIVE and vacuum all the available stock and try again
Be ENGLISH ….A cup of Russian Tea from my Samovar anyone ???
INTERIM Results were last year on 10th July 2019
Financial diaries have them for 9th July 2020 this year (including LSE BB)
Next Thursday may be an interesting day for POG ???
INTERIM Results were last year on 10th July 2019
Financial diaries have them for 9th July 2020 this year (including LSE BB)
Next Thursday may be an interesting day for POG ???
Moscow. June 30. INTERFAX.RU - Petropavlovsk founder Pavel Maslovsky, the company's CFO Danila Kotlyarov and several other independent directors did not get on the new board of directors of the gold mining company. The board asked the British regulator to check the actions of shareholder Konstantin Strukov.
This is stated in the press release of Petropavlovsk.
Analysis of the results of the vote showed that against the inclusion of Maslovsky, Kotlyarov and others were the new largest shareholder - Yuzhuralzoloto, which is controlled by the family of Konstantin Strukov (22.37%), Everest and Slevin (together 12.09%), and Fortiana Holdings Vladislav Sviblov (at the time of the vote Sviblov controlled 4.62%, and then sold a large part of the package).
The interests of Everest and Slevin for two years were represented by Nikolai Lustiger, who, as noted in the council, was in close contact with Strukov.
Petropavlovsk's Board of Directors has asked the British Mergers and Acquisitions Committee to investigate Strukov's actions for possible breaches of the rules of the M'amp;A-deal.
For the period up to the next shareholder meeting, Petropavlovsk's board of directors appointed his deputy Alya Samohvalov as the company's CEO in place of Pavel Maslovsky. She also joined the interim board of directors.
Peter Hambro infamous dividend and rights issue in the debacle period
4 July 2013
AGM held on 11 June 2013, shareholders approved the payment of the final dividend for 2012 comprising a cash payment of GBP0.02 per Petropavlovsk ordinary share ('Ordinary Share') together with an entitlement to new Ordinary Shares with an attributable value of GBP0.05.
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Almost last act in Peter H's distress financial debacle when share price had dropped from over £12 to pennies.
Entitlement to new Ordinary Shares - 1 new Ordinary Share for every 19.21 Ordinary Shares held
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I was a Share holder since 2008 highest price paid £12.44
He lead the debacle which nearly killed the company ... Pavel returned from Russian parliament and lead the rescue
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Petropavlovsk .... equals Peter and Paul in Russian ... the two founder of company
A Board Room "Coup d'etat". this will hammer the share price
extract
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Under the management of the current Board and thanks to the exceptional leadership of the CEO Dr Pavel Maslovskiy, Petropavlovsk has enjoyed a hugely successful year and has opened the prospect of even greater success in the future. Our shares have risen faster than those of any other listed gold company. The majority of our shareholders have shown their strong support and see no valid reason for a change. I do not believe that they want effective control of their company to be taken from them by stealth and to be wielded by a small group of shareholders.