Member Info for Strike123

If you can resist from selling your shares like how investors are doing with POLY, then price will start moving up like POLY. It has gone from 120p to 175p today! We can do 3p in next few days if you can hold on to your shares and keep accumulating.

Lord Naz hope you are not still waiting for your 1.5 entry.
Soon 2p entry will be gone too.

- not impacted by the sanctions
- no immediate payments like EVR
- Business is continuing as usual
- Full year Results *will* be released
- POG still making money selling gold like in pre war times.

All we need is the war to end, which will end as NATO will not start asking Mr. Z to come to agreement with Russia. How many lives does Mr Z wants to lose for his stubborn attitude to the situation. It is clear any more provocation, Putin will drop nuclear bomb on Ukraine and on Europe, who are busy battling inflation!

Wow! I'm impressed by John Mann from investor relations. When Lawrence said he didn't get a response from John, I thought the other poster who said that IR replied, I was bit skeptic so I started chasing IR and John M kindly took time to reply back to me! Here is his response -

Hi xxx



We did release a statement last week (https://petropavlovskplc.com/wp-content/uploads/2022/03/POG-Ukraine-statement_final.pdf) covering both operations and debt issues. There has been no material change in the situation since then, and no demands for early debt repayment.



We are in the process of adjusting the date for publication of full year '21 results due to various factors. We will update the calendar on the website once we have clarity on that.



Best regards,

John

Exactly what is needed on the 3 day of trading after removed from major indices!

Seems like many have eyes on POG. From 1.60 low, many gobbled up the available shares and is a nice 5% rise for those who bought at 1.60 today.

We just need some good RNS to come out and then there will be more demand for shares and it will become difficult for MMs to keep the price low.

Close above 1.70p! Seems like bottom is 1.7p. GLA

If for every share that is sold, there is a buyer and with 90% drop in share price, there must be lot of free float shares available to buy but we have the new large shareholder that bought 29% stake from Strukhov and the volume being traded is around 70M same as in the days before the sanctions. Probably 29% stake was bought quite cheaply at 2p around and there are not many free float shares available as you don't get a quote to buy like many said.

So I think with whatever free float shares are left, MMs are selling them to cause PIs to panic and give away the shares, which they can lend for shorting or make it available for buyers next day and take their commissions.

Anyways we just need to wait and see. Bought many at 1.80p and some at 2.2p!

I think the response from IR was that if there is a delay then the website will be updated with the new date. As of now it is due in 3 weeks from now, which is by April 13th. Let's see if there is going to be any RNS before then.

I emailed again this morning asking to provide an update like how POLY and EVR are updating their shareholders. May be if you all can email them then RNS could be issued. IR details are on POG website.

Wonder if those algo trades are by the shorts or MMs or the funds buying and selling?

As per the POG financial calendar, 2021 FY results in 3 weeks from now.
As each day passes by, risk is getting lower in my opinion.
I'm chasing IR for a response. Demanded to provide an update on business continuity and confirmation of FY results.
The minute we have an update from POG, we can sleep easy.

As per the demand for the shares, today's volume is again 70M, same as per-sanctions. Spread is tightening up. It is fine if we linger at 2p for this week as it would then given assurance to the fence sitters to jump in next week as we get closer to full year results. GLA.

emailed them this morning and asked about full year results. No response yet.

Today's volume of shares traded are nearly similar to the volume before the sanctions. On Mar 1 when sanctions on Russian companies was announced, SP dropped from 8p to 4p and volume traded was around 92M and on 15th Mar, the day after when the delisting news came out, SP dropped from 4p to 2p with volume around 75M.

Today volume was surprisingly 75M!!!
All this volume due to PIs mostly as by last Friday major funds exited and price still went up this morning opening. With 75M volume from PIs, if we can hold on to our shares then MMs will struggle to keep the price the low. They would need to move it up to see if PIs that trade would sell. That tricked worked today as when it went up to 2.8p, PIs that bought last week sold. So if you can hold on to your shares tomorrow when the price goes up, price will need to go up by the close. Again the next day, MMs will try to move up even higher like to 3.75p or 4p. All you need to do is hold or add more. So tomorrow morning again over 2p in first 30mins and if you resist selling then we will have 2p+ close and then more buyers will start coming in and we should see pre sanctions price of 8p in next few weeks. If POG can release some neutral or positive update then 4p guaranteed easily. GLA

I wondered if there would be a scenario like the Raven Property Group that said that it want to delist as it is unable to continue its operations but then I looked at POG's statement on the sanctions and the war.

Here is what POG said -

"
Having taken legal advice on this issue, the Company does not consider that its shares or debt instruments are Securities in which dealings are restricted under the Regulations on the grounds that:

· the Company is domiciled in the UK and is therefore excluded from the operation of Regulation (16)(4C) (by operation of Regulation (16)(4D)(a)(ii));
"

"
A significant risk at present is the potential disruption to the supply chain. Company management initiated contingency planning on day one of the crisis to mitigate this risk and ensure that operations continue uninterrupted. This included assessing existing stocks of imported parts and materials, immediately procuring additional supplies where necessary, and identifying replacement suppliers.

Petropavlovsk continues to sell gold, as before, to domestic commercial banks at London fixing and is therefore not affected by export controls at this time.

The Company has sufficient funds available to service its current debt. Management continues to examine opportunities for refinancing the remaining US$306m of the Company's 8.125% guaranteed notes maturing later this year.
"
With lenders having waited since the war started in Feb, am hoping that they will be happy to wait and even agree to refinance $306m. With inflation going higher and higher, gold is the safe haven and POG should benefit as it is selling gold as before to domestic commercial banks! It is not affected by the export controls! I think now is the time to buy than wait for the market to go up. Let's hope that tomorrow is a big blue day.

accidentally clicked on post button before completing it.

Delisted from main indices which many wondered including me on how the trading would go from this week. The main risk of delisting is gone. It is all about now the peace talks to conclude and normal service resume. POG is still producing gold and making money.

No doubt many would like to seize this cheap price. When the MMs see the demand for POG shares, trading will continue. Still there is a risk but I will take my chances this time. If it takes a year to recover then let it be. GLA

I think this derisked alot compared to the first week of March when sactions were imposed on Russia and its companies.
RNS from POG clearly stated that they are not sanctioned after taking legal advise. The RNS was issued on 9th March and it is now 3 weeks since the countries sanctions started imposing and we are still trading.

Delisted from main indices

is wait and see how the market moves the share.
Those who panicked thinking this will not open for trading are confident now that it will not stop trading!
From now on it is catching the bottom but investors must have seen how much it takes to get a quote.
When the peace talk conclude there will be rush to grab these as cheap as possible.

Tomorrow could be the start of move up as the longer one waits, they risk getting at this cheaper price as the time is now to buy not when the market is going up.
Added some more at 1.80p.

Could be buys too as they went through at 1.80.
Such big money in over 100k's don't go through as sells at last minute or they might be delayed trades too but whatever today should be a good day.

About delisting. We now need peace talks to conclude soon and this will then rocket.

I will add more today if am lucky to get a price!

Lawrence, still holding mate?

With just one Billion dollar movie(Spiderman), pretax loss narrowed substantially to USD708.3 million in the year, from USD3.01 billion in 2020 despite cinemas being closed in first 3 months of 2021! CINE still managed to reduce the loss by more than 75% compared to 2020. That is amazing in my view. There are more billion dollar movies coming up this year so do not see any issues with June 2022 covenant tests and RCF. CINE is confident of the big movies this year and we could see CINE in profits this time next year if no more black swan events!

atleast they are not fully out. I thought of accumulating million shares but EVR news really spooked me. Hope Zelensky agrees to what Putin wants sooner. I still don't understand why Z wants to fight despite losing so many lives and destruction of their cities. Really stupid man. Not supporting Putin but it is known since day 1 that Ukraine can't win the war.