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on a 0.20£ (not 0.20$)
A great acquisition ?
on a 0.20$ POG base, 100% Temi worth around 300 M$
I wonder if I wouldn't want Temi to buy us back our 75%
D. Trump :
"Our pathetic, slow moving Federal Reserve, headed by Jay Powell, who raised rates too fast and lowered too late, should get our Fed Rate down to the levels of our competitor nations. They now have as much as a two point advantage, with even bigger currency help. Also, stimulate!"
-0,50 ... -0,75 points soon ?
All parameters appear positive
POG : Added a little more !
Very nice for trackers buying impact
POG won't be under the radar anymore
Incredible!
And in addition it will be "easy" to stay in the rankings if the gold increases
Rusty,
Concerning IRC ,
The bridge is no longer decisive in the cost. The price of iron ore increased well above the $5/t. (memory) of planned bridge savings. And surprisingly, ore prices remain good even these last days. We could have a rather good surprise (or a least an improvement) on that side too.
who will be the most far-sighted
Let's wait 800 million capitalization, or 24.40p
Unlike Barclays, I give my wacky method : capital benchmark of Eldorado Gold x 2/3
I would prefer POG fundamentals compared to Eldorado Gold (+31% last Friday)
That should be good news.
That means POG was promising enough. But maybe the takeover wasn't so easy.
Thank you to this leading shareholder for his contribution in such a short time. I wouldn't be surprised if he also claimed as the previous one(s) his(their) contribution to the POG's strategic vision and its recovery.
It's probably time for a large shareholder to sell part of his stake.
IRC +7,45% even if it doesn't balance
Even if the 2019 level of profit has to be confirmed, I think this time, the board has proved is high efficiency.
Even if each time the new leader shareholder explains that it is thanks to him ; PM looks like he's the right man at the right time. Especially if profit improves quite significantly in 2019 how to be unhappy ?
I hope that "we" will continue to buy nothing by exchange of shares (project) until the stock has taken its full value.
Are there any figures for the company's balance sheets and sales? Could we expect to become bigger or more profitable than our welcome new shareholder in 2020, 2021?
Is POG's destiny to be a prey, once again ?
Roman Trotsenko is selling a 22.4% stake in Petropavlovsk to Uzhuralzoloto, the Russian media reported. We believe the deal is potentially negative for the company's further development in terms of shareholder value ...
On February 3, the parties signed an agreement on the sale of 22.4% of Petropavlovsk shares (and bonds convertible to 5.97% of shares), Vedomosti reported. Roman Trotsenko bought his stake in Petropavlovsk in July 2019. Other major shareholders of Petropavlovsk are Prosperity Capital Management (13.5%) and Everest Alliance (7.5%).
The family of Konstantin Strukov, chairman of the board, controls close to 100% of UGC, Kommersant reports. Uzhuralzoloto is the fourth-largest gold producer in Russia.
... Petropavlovsk and its gold mining and processing assets are expected to strengthen Uzhuralzoloto's business. In our view, the move carries a potential risk for Petropavlovsk shareholders if revenue from ore processing services across its facilities decreases and has a negative impact on the company's financial performance. We also believe there’s a risk that the new shareholder has little interest in increasing the shareholder value of Petropavlovsk and maintaining transparency of its operations for investors.
Thanks KUMS
Details :
Analysts at Cannacord Genuity bumped up their target price on shares of gold miner Petropavlovsk from 19.0p to 22.0p as the miner's leverage and associated risk decline.
A raft of positive factors, including an "aggressive" target for own mine gold output in 2020, a successful ramp-up of its pressure oxidation project, and a higher price for the 'yellow metal' in international markets had all contrived to push its share price above that of its 2019 convertible debt issue of about 10.4p.
All of the above meant that Petropavlovsk would be able to reduce debt through conversion, further reducing the broker's concerns on that front.
That was a far cry from the situation that the miner was in five years beforehand, with the POX project halted due to low gold prices and a heavy debt load that needed refinancing, analyst Nick Hatch said in a research report sent to clients.
The POX hub added optionality to the company's business case, allowing it to purchase and refine third-party concentrate, although that would add to the volatility in output from one quarter to the next and entailed its own set of risks Hatch explained.
In any case, the outfit had avoided the start-up issues at the POX hub that had dogged some of its rivals.
"We expect to see increasing volumes of bonds converted if the share price remains around current levels. Given the historical challenges that POG had with debt, this should help to reduce concerns further. In our view, POG is de-risking rapidly," the broker said.
I mean If you lend 3% shares and you buy again 3%, you have nothing to declare, do you ? (you don't have to declare 6%!?)
18.00 p
+0.86
+5.02%
Thanks a lot Rusty,
I suppose that could allow a shareholder (SocGen customer) to buy more without disclosing itself
Could someone explain this new shareholder position ?
Is it a short position ?
A Negative Number of shares ?
Ordinary shares :
Number of voting rights : -31,001,612
% of voting rights : -0.94%
Borrowed Ordinary shares :
Number of voting rights : 169,703,575
% of voting rights : 5.13%
I started a month earlier x1550 at £1.39 but i bought quite a lot more in 2013 & 2014
Hi Lauwrence, as I remember you went to the agm, do you plan to go this year (in the light of the current trend) even if there is no coup d'Etat ?
A little higher (without pull-back) and I will do the trip to the next AGM to celebrate
CofE,
When you're lucky enough to have valuable advisors like RetiredBanker, you should take advantage of it.
2.236p makes no sense and cannot be used as a basis for comparison. Nobody (of us)has invested at 2.236p-3p
Otherwise, POX worth a billion is a guess. Just because it was spent a billion dollars doesn't mean it's worth as much.
This does not detract from the potential of POG
S&P Global Ratings has upgraded POG Outlook to Positive : B- rating