Member Info for wraith

Thanks for the info ( https://www.petropavlovsk.net/wp-content/uploads/2020/02/17-February-2020-Moscow-listing-speculation_vFINAL.pdf ), TheDonofDons,......Russian retail market, etc.

BW

Once positive ratification news received, s/p will re-rate sharply upwards (imo) ....we have been given guidance (in most recent, video interview, from memory), that there are companies, awaiting a positive ratification outcome, before engaging in talks.

BW

Quietly, waiting, for ratification news, myself, DutchStanton,.......it's a win win for myself, here at CLON,....only 26.3% of my CLON Profits, left invested, for ratification outcome,......either way, ratification goes,....I win Big or Very Big.

BW

We appear to be in agreeance, sheltie,....it's the POX Hub technology( https://www.petropavlovsk.net/operation/poxhub/ ), that has caught my attention.

BW

I remember TIPTOP post, of 07 Jan 2020 19:50,....this remark, was in, said post;-
"Unfortunately due to the legal situation I have been advised against posting on this BB"

Still holding my AAOG shareholding,....
No Fear, of the wrong-doers here, myself;-

A Tune, for whom the cap, fits, as they say: https://youtu.be/qMYxkh224Tg

BW

Agree Yanis2005,....low volume,.....most of us, sitting on hands, awaiting ratification news, (imo).

BW

Market Cap £3m,....don't view that, as pumped up, myself, Rocket13,.....with the acreage, GBP are sitting on, "Under The Radar",more like it (just as PET were, when I was buying them, at s/p@1.12p).....once we get our farm out, you will not be buying GBP shares, at these s/p levels,....there aren't that many, shares in issue,........the BOD hold a large percentage, of GBP shares,.........also, Long Term shareholders, like myself, are unlikely to sell, at these historically, very low s/p levels, (imo).

BW

10 February 2020
Dr Pavel Maslovskiy, CEO, comments:

"We are excited that UGC has decided to invest in our business at this pivotal point of our development and welcome its president and founder Mr Konstantin Strukov as our new major shareholder. His investment is a strong endorsement of our strategy and operational success given that UGC is well respected in the Russian gold mining industry for its operating capabilities. With our ongoing focus on delivering shareholder value by maximising cash flow through further development and optimising the capacity of our POX Hub, it is positive to have a shareholder with such knowledge, experience and expertise in the Russian gold mining industry. We are confident that our ambition of becoming a leader in the mining and processing of refractory gold ores in Russia is supported by both Mr Strukhov and the company he founded, and we look forward to exploring the potential for future cooperation to ensure the continued strong growth of Petropavlovsk's share in Russian gold mining industry for the benefit of all our stakeholders".
Source: https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/POG/14416251.html

Pivotal point,....sounds good to me,.....I'm a recent investor here at POG, although I have held long ago (around 2008/2009, from memory),....pleased to be back, at this point in time,....not a large shareholder myself (96,000 POG shares, held at present,..72,000 held in two ISA's, so far), but building a position, slowly.

BW

Had a quick look, at RNS from 13/01/2020, to date, JD01,.....not for myself, that one, but I wish you all, good fortune there,....I'm moving, the bulk of my Funds, out of AIM Market.

BW

“We welcome the new shareholder on board, and are delighted that a new significant shareholder shares our vision,” a spokesman for Petropavlovsk said.
Source: http://www.talk-finance.co.uk/economics/with-petropavlovsk-sale-kenes-rakishev-proves-his-bargain-hunting-skills-once-again/

Uzhuralzoloto: http://www.ugold.ru/en/company/our-history/

On January 20 2012: https://www.ibtimes.com.au/russian-gold-miner-mulls-ipo-raise-200-m-1292656

BW

I have always thought, the PET Billionaires, would take an interest in CLON, once we get ratification,....PET, already having a 30% interest, in Tano 2A Block,....it was easier (imo), for them to take a controlling interest, in PET, with less shares in issue,......I bought into PET before them (s/p@1.12p), when there was only approx, 100m PET shares in issue,......I believe, they only paid s/p@1.25p, for their PET shares,......its going to be interesting, to see, how it all develops.

BW

Thanks for link ( https://news.africaoilcorp.com/releases/entry/122773 ), Jimarillo,....interesting read.

BW

Dated 31 Januay 2020;-
DECEMBER 2019 QUARTERLY REPORT
Extract:
"· In Namibia:

- the Company continued to carry out interpretation of the existing data in PEL 0094, culminating in a prospective resource estimate being calculated and released;

- further contacts were made with counterparties in relation to a potential farm-out of PEL 0094 and PEL 0029.
Source: https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/GBP/14405195.html

As a long term shareholder, the above, sounds OK to myself,.....I'm patiently waiting,.......was holding GBP, in 2014 & will still be here, holding GBP shares, when PEL 0094, is drilled again.

BW

That's how I look at it Bridges,....what multiples, of our present Market Cap £6m, would reflect fair value of the asset, on ratification,....a Market Cap of £48m, would give an s/p@6.7p approx,....would that reflect, fair value, of the asset,.....it would not tempt myself, to sell, at double, that figure,....CLON, is one of the very few, AIM shares, that I am retaining, in my portfolio.

BW

Last year, Petropavlovskr, was hedged, for about 130,000 oz of its production, in the second half of 2019, at $1,281 an oz, according to the investors chronicle article, that I read,.......with current gold price, POX technology, & POG fully exposed (now
not hedged) to strong gold price,....the future looks good, for POG, (imo).

BW

http://www.globalpetroleum.com.au/

BW

GBP is a share, I shall be keeping, Marmited;-

" Its primary listing is on the Australian Securities Exchange (ASX) with a secondary listing on the AIM Market of the London Stock Exchange (AIM). "

Good to see ( https://twitter.com/CattaneoGenoa/status/1224996433704771584?s=19 ),..."sourcing a fully functional rig to put Mengo + Djeno horizons in production",....Mengo first, then onto Djeno wells, exactly what some of us, were suggesting, on AAOG board, last year.

BW

Yep, I'm with you Resourcehunter,....recon they are targeting, Congo Oil, myself,.......see it as the key, that will provide Funds, to drill (horizontal) marsh area (imo).

BW

FT has low s/p@14p (The median estimate, is s/p@17.80p) ...which will do nicely, for starters, in success case.

Source : https://markets.ft.com/data/equities/tearsheet/forecasts?s=CERP:LSE

BW