sootmeistre
05 Feb 2016
Re: info '' But over in Australia, where the local currency has also weakened significantly against the US dollar, in-country gold miners have been making hay, and reports are beginning to talk of a return to near-boom time conditions.Russia is an entirely different proposition, but it’s entirely possible that Petropavlovsk’s margins on the 460,000 to 500,000 ounces of gold that it plans to produce this year could be very healthy indeed. ''do i dsee a recovery here courtesy of the rouble... production costs must have nigh on halved... surely
Powershifter
26 Jan 2016
FT article and comment today Friendly comment from the FT today and realistic responses from Jay Hambro.
forwardloop
26 Jan 2016
info [link]
PacificSailor
23 Jan 2016
You have to admire the Fools ability to keep us informed. Two days before due market update for Blinkx, they regurgitated a three month old report as if we hadn't already discussed it to death .... and then made some baseless observations that were trashed by the new report!
shugg1e
22 Jan 2016
Re: NEW ARTICLE: Stock to Watch: Petropavlov... errrrr that article is 6 years old!!!!!!
II Editor
22 Jan 2016
NEW ARTICLE: Stock to Watch: Petropavlovsk "Petropavlovsk has jumped 20% of late, but it's not all down to rising gold prices. Look out for details of the iron ore flotation, says Edmond Jackson.This article is for information and discussion purposes only and does not form a recommendation ..."[link]
PacificSailor
07 Jan 2016
Gold up ... POG down This is a funny market ....... maybe we will get more fund buying soon ....
Redinjun
20 Dec 2015
Sunday Times article on POG
Kenj2
17 Dec 2015
Re: RNS re. Director's Stock-lend I am afraid that I was wrong when I stated that this had never happened before in a company that I was invested in. It happened right here but with Peter Hambro previously. It cost PH more than 2.2m shares to settle a derivative bet with JPM years back, that turned against him. It was only on rereading it, that I spotted the term stock-lend.So is PM gambling like PH before him? This is from an RNS dated 28th Jan 2010.Refinancing by Peter Hambro"Peter Hambro Limited ("PHL"
, a company associated with Mr. Hambro, yesterday entered into a financing, for the period up to April 2012, by way of a prepaid equity derivative transaction with J.P. Morgan Securities Limited ("JPM" in respect of 2 million Petropavlovsk PLC ordinary shares of £0.01 (the "Shares", which will be physically settled except in certain circumstances where PHL has the right to, and does, elect for cash settlement.PHL also yesterday agreed to stock-lend, for the period up to April 2012, 2 million Shares to JPM. The same number of Shares will be redelivered to PHL by JPM at maturity of the transaction if the equity derivative referred to above is cash settled, but if it is physically settled this redelivery obligation will be set off against the physical settlement obligation under the equity derivative.Execution of this financing agreement will allow the pledge on 2 million Shares in favour of SG Hambros, previously announced on 13 December 2010, to be lifted."
strapuk
17 Dec 2015
Re: RNS re. Director's Stock-lend Given the length of the loan of shares, maybe he's just using them as collateral/security for a cash loan, which he will repay in 18 months time? Bloody well hope so it's nothing more sinister. Given the Directors are supposed to be working in the best interests of the shareholders and company, loaning shares for shorting purposes would seem to be directly contradictory to the Directors' duties?
weblogic
16 Dec 2015
Re: RNS re. Director's Stock-lend With global markets being so mixed and so many uncertainties around, not least the Eurozone and China, predicting the direction of travel of currencies, markets and commodities could be tricky.It does seem odd that the US is presently doing quite well, it appears, yet most other economies seem to be at best treading water...And ironic that the great financial crash started in the US, yet they now seem to have emerged in tact.
Kenj2
16 Dec 2015
Re: RNS re. Director's Stock-lend I have been investing in the stock market since 2009, and I have never seen a director lend out his shares before. I can think of no other reason to do this, other than for the borrower to use to short the company's shares.It is not a huge number 27.4m (0.89%), but easily enough to move the sp down, if sold in bulk. This shoddy practice is usually the habit of Insurance Companies and Investment Funds. I am very disappointed to see a senior company director do this, and especially one that I am invested in.It is not even a short term loan - repayment in 18 months time. More than enough time to do some damage!
strapuk
16 Dec 2015
RNS re. Director's Stock-lend As a naive novice at this game, can anyone enlighten me as to why a director would lend out his stock for anything other than shorting purposes?? See latest RNS.
LTJ13
15 Dec 2015
I realise this sounds so stupid , but what is IRC an acronymn for?
Kenj2
12 Dec 2015
Voting Rights ???? The recent RNS lists Lamesa as having:A. Shares: No. of voting rights 483,992,987 - Percentage of voting rights 14, 7640%B. Convertible Bonds: No. of voting rights 169,791,575 - Percentage of voting rights 5.1794%Total A + B: No. of voting rights 653,784,562 - Percentage of voting rights 19.9435%Extract from the Bond prospectus."Bondholders have no shareholder rights before conversionAn investment in the Bonds will not convey any voting rights, any right to receive dividends or other distributions or any other rights with respect to any Ordinary Shares until such time, if any, as the relevant Bondholder exercises his Conversion Right and becomes registered as the holder of Ordinary Shares."So if the CB's carry no voting rights until they are converted to shares, why does the RNS show them as having voting rights? After all it is unlikely that anyone would convert them at 8.26p with the current sp 2p lower.In reality it appears that Lamesa own just under 15% of POG and not 20%.
