Member Info for shaun170284

A market cap of 80M with 71M in cash sat in the bank. Not to even mention all the lovely gold Sat their waiting to be sold or still in the ground. Hmmmmmmm hold your golden tickets people she's gonna blow :) hold for gold!!!!!!!!!

A few snippits of the RNS copied below that stood out for me talking about how they a planning for the continuation of the business in light of the current sanctions, doesn't sound like their going to be folding on April 26th as the doom mongers were suggesting. Cash on hand nearly at this moment for that amount as in the RNS, GL all

In this rapidly changing environment, we continue to monitor the situation to take all necessary steps to ensure the continuity of our business and compliance with sanctions, and to plan for contingencies that may adversely impact our operations."
the Company has appointed AlixPartners UK LLP to assist the Board of Directors as it explores its options and determines the Company's course of action in the best interest of all stakeholders, including creditors and shareholders.

§ Cash (unaudited) as of 31 March 2022 was US$71.8m (31 December 2021: US$25.5m)

Ain't even going to guess as the S. P rise today so will leave that to other folks, just thought I would say we'll done to those that held firm and didn't listen to the doom mongers over the last few days.
A part of the RNS about the debt which ends with looking after the shareholders was particularly interesting for me, especially after the emails yesterday (see my email thread yesterday evening).
The board is working to ensure POG survives and hopefully thrives for years to come and if it does, those buying in at these levels will make a Kings ransom, that's for sure. GL all, here's to a cracking day

Agreed, sure this is 1 of the options the board and Alix Partners are considering. Lots of options on the table, just got to be patient, their not lying down and taking it so please keep the faith everyone

are concerned that the company can be taken over on the cheap using tactics with the debt, purely because our UK governent has sanctioned GPB? GPB come out with all the gold, POG with nothing and UK shareholders are the ones counting the losses.

That was my comments to POG with regards the reply about relaying the shareholders message to the Board.

Yes my take too Lawrence. I think they are probably going through all the legal ramifications with Alix Partners and working out what to do with the best interest for POG.

As Davies102 says that part was settling for me too, probably has many many more shares then most of us and the reply seemed calm as though their working through the process of how to move forward for POG's benefit.

The part where he would allay shareholders concerns about GPB to the Board was quiet refreshing, whether that happens or not is another thing but genuinely get and understand the concerns of this board over the last couple of days so hopefully will have some more clarity on that soon.

As Davies102 says

Them, everything below xxxxxxxxx is part of the reply

I am posting now so it doesn't get lost with all the Tomski-dmark etc noncense. Doesn't give much but thought I would share with you all from extracts from emails I have received today from POG. Again nothing particularly revealing but pick the bones out of it as you wish.
I questioned about the RNS not being particularly clear and also shareholder concerns about GPB taking control of our assets for nothing using this debt trick due to sanctions imposed on the bank itself and nothing to do with POG! Regards, Shaun

Xxxxxxxx
In yesterday’s RNS, we promptly announced receipt of these notices from GPB and UMMC regarding the demands for accelerated repayment and the re-assignment of the term loan. The reference to studying the implications refers to these notices, which we had just received. Of course we will promptly update stakeholders on any new developments.

I understand the concerns you outlined below and will relay those to the Board.

I’m a shareholder too, by the way!

Nice 1M buy near the close to go, be interesting to see if there are any other late / delayed buys. Tomorrow could be very very interesting, GL all

Ready to move up again? Just had a massive spread where the sell price dropped down below 2p, buys still going through about 2.35, why such as big spread as volume is good? Lots of buys still so hopefully getting ready for another chuck up, Poly still going well as well so could be more Russia related to GPB. GL all, hold for gold

Enjoy your massage Tomski-dmark, don't forget to give shim a reach around when your done :)

Meant to be on holiday in Thailand but spends all day trolling these boards. What a loser lol, now jog on ya bedsit needs a tidy up

Lots of trolls starting to randomly appear..... Ummm I wonder why? Hold fast guys they ain't doing it for your benefit, most do it so you sell low so they can mop them up, then others like Tomski-mark just live tiny unpleasant lives they get a kick out of other people losing! Hold fast all

OK thank you for your reply. I have my fingers crossed your adding 2+2 and getting 5 so to speak. Lots of things going on, keep the faith mate

Lawrence, I get that your extremely frustrated right now, I just wondered if you could explain what has fundamentally changed in the last couple of hours? Regards, Shaun

Fingers crossed it works out for you too Lawrence, everyone other then Tomskidmark

It's 11am and we are near the average daily Volume for shares on the LSE & MOEX, been alot of accumulating this morning, lining up for a big afternoon if the aquisition speculation is true. GL all

Good work Hull, if MrBauss is correct now is a good time to load up for a quick at these prices, alot still can go wrong so would only play with funds that you can afford to lose, that's my plan