Member Info for UpDownFlat

32M shares at 30.75

I think EPS will be slightly under 0.02p per share at the Interim and slightly under 0.04p per share at the fully year. Thats still good, 2 X and 4 X full year 19 (0.008p).

David,
respect for having an opinion. IMO the problem is that even though the markets should go down, the central banks and the politicians won’t let them.

Does look like it might be getting ready to go higher.

What kind of software have you been using and is it any good ? I have been trying out q**uotestream, it ok but a little bit unrealiable sometimes. I am looking for L2 order book.

Thats why I never buy Aldi wine.

Anybody with a crystal ball can make a lot of money, but here is my 2 cents worth.
Q3 2020 - $1800 Average
Q4 2020 - $1900 Average
Full Year 2020 - $1750 Average

2021 $2000+

You might be right about the pre-decided bit, but, I am selfish and thinking about my own personal wealth.

For the first time I agree with RB, why merge ? If you want share price gains percentage POG are primed for that at the moment. Really being the biggest doesnt matter.

Ok, just want to know.

Why 43% ?

I dont know, I think 2% increase a day is good , but it needs to continue in this way for some time.

If Golds gets to 1850, then yes.

Yes RR, lets keep our finger crossed. I believe a £1 a share is easily possiable with a tiny up-tick in Gold.

compadres

Lets call them the "Besties", you know, best friends forever. Whereas you my compadies are the "Worsties"

If you look at the POG website, they are getting one of their ....."whatevers"........ to propose at the AGM that POG implements a dividend policy. Should be about a 4% return. This will play well for bringing in new money and is actually good news.

RB,
I am a long-term largish shareholder so I don’t particularly want to spoil everyone’s good mood here because of the dividend news by banging on about the subject.
But take 5 minutes and think about the logic of what you are saying.

From there accounts on page 59

"The Group has used the US$120.6 million net proceeds from the issue of US$125 million Convertible Bonds to fund the repurchase of the outstanding US$100 million convertible bonds as set out below, resulting in the net US$12.6 million cash inflow."

But you need to consider that over the next twelve months there is $10M new interest to pay so, the incremental CF VS. allowing original conversion is $2.6m

So for this $2.6m incremental cash they agreed to:
Pay an additional $50m worth of future interest, plus future dividends for the bondholders plus a true-up of future dilution for the bondholders, plus relinquish control over some of the company’s future actions. (Please see the T&C of the bonds)

If let the old bonds convert, the company would also have had $100m less debt.

This wasn’t in the company’s best interest and it wasn’t in the shareholders best interest.

I am not saying this company does not have fantastic potential to go up multiples in share price, but that is based on the price of gold. It is unfortunately being held back by the less than honest BOD and executive. Vote “against” everything for the AGM and send all interested parties a message.