Member Info for UpDownFlat

You could be right. My guess is an ave of $1750 for the year, and maybe an ave of $2100 for next year.

I will be very annoyed if they refinance early 8.125% is already excessive, they don’t need more.

As we have seen in the past BOD & executive seem keen to give away large bonuses to the bondholders for nothing. We need to watch this closely and scream very loudly if they try to give another windfall to the bondholders.

Actaully Kenj, RB
exactly my point from earlier. Why refinance early as it means double interest payments. Not a benefit to the company or the shareholders. There must be some law that prevents these kind of actions from managment.

I think this is great protection for ord shareholders. I dont think they will treat the russian equity shareholders as a piggybank.

Nice , $100 per quarter increase for the next 5 years

"including by proactively refinancing the 2022 notes."
I hope this does not mean POG will pay the current bondholder’s interest all the way up to 2022 and then also take on new bonds to replace these and pay interest on these as well. As far as I am concerned POG should wait until close to the principal repayment date before refinancing.
POG should not give the bondholders any more freebee’s

Nice, thanks KUMS

Most of the "rights guys" made a five year error of judgement. "Myself included". Not something to be pround of.

Istabraq,
"the Rights Issue guys rule the roost here."
What an a***hole thing to say

I don’t think anyone can guarantee Thursday this week. But give it just a little time, there is a fair wind blowing.

Relax and dont think so short term.

Is this the best FTSE company to ride a rise in Gold price ?

Thanks chaps will give them a look. Allways good to keep eyes open just in case.

Thanks nunquam

Does anyone know of any other un-hedged mid-tier gold minners on the FTSE ?

Scott,
Assuming gold stays at the current price $1750, based on 2020 FY forward, this should be valued around 60p-70p. Due to all the positives in the next three months IMO, 45p.
Let’s give Dave the Grim a break, he hasn’t done anything to you except have his opinion.

!

Yes 10M is about a 3p move in price therefore £22m new shares which you are being asked to agree to by voting at the AGM is a 6p decline in the price of the shares based on the current set-up.
Therefore you should vote "NO"

That should create some nice resistance