goldfinger
- 06 Aug 2004 16:15
cynic
- 08 Oct 2014 12:42
- 1859 of 2076
POG
sp is now down to 21.5
while there is good reason for this company to be out of favour, as has indeed been the case for the lase 2/3 years, is the risk/reward now in its favour to a considerable degree?
russian "bad temper" apart, the real unknown at this juncture is whether or not the company will manage to get its refinancing package per the rns below .....
Sept 16 (Reuters) – Shares in Russia-focused gold miner Petropavlovsk fell 14 percent in London on Tuesday to 34.0 pence per share after the company said it was considering an equity rights issue amid discussions over repayments of its Eurobonds.
Petropavlovsk is talking with lenders to avoid breaching covenants in its banking facilities at end-2014 and with holders of its $310.5 million bonds due for repayment in February 2015. The company's shares have been volatile this year, reacting sharply on the progress over refinancing.
cynic
- 09 Oct 2014 08:11
- 1860 of 2076
being a brave chap this morning, i have just bought a little lump at 22.50 on the basis that i can afford to lose the whole stake if disaster strikes
skinny
- 15 Oct 2014 11:32
- 1861 of 2076
skinny
- 04 Nov 2014 16:26
- 1862 of 2076
cynic
- 08 Dec 2014 08:38
- 1863 of 2076
rights issue at 5p announced
at least ordinary shareholders will be able to take up their allotment unlike so often where only the chosen few get to benefit
Balerboy
- 08 Dec 2014 08:54
- 1864 of 2076
have you still got your little clump at 22p in Oct, cyners?
cynic
- 08 Dec 2014 08:55
- 1865 of 2076
'fraid so
HARRYCAT
- 08 Dec 2014 09:39
- 1866 of 2076
Can't decide whether it's throwing good money after bad! Not one of my better investment decisions.
skinny
- 08 Dec 2014 09:44
- 1867 of 2076
Bad luck to holders here - I dumped in early summer for a big enough loss - what a pig in a poke!
midknight
- 08 Dec 2014 10:23
- 1868 of 2076
My worst buy ever.
aldwickk
- 08 Dec 2014 12:05
- 1869 of 2076
aldwickk
- 08 Dec 2014 12:26
- 1870 of 2076
HARRYCAT
- 10 Dec 2014 15:54
- 1871 of 2076
RIGHTS ISSUE The Company has announced that it is advancing the documentation required to seek approval for the Refinancing from Bondholders, from its Senior Banks and from its Shareholders, and anticipates that the requisite meetings will be held in January 2015, and completion due to take place prior to the maturity of the Existing Bonds. The Company has appointed Bank of America Merrill Lynch and Sberbank CIB as Project Coordinators in connection with the Refinancing.
Terms: The Company is proposing to implement a fully underwritten Rights Issue of Ordinary Shares on a pre-emptive basis (save for regulatory issues) to raise gross proceeds of USD235 Million (including the Nominal Value of Existing Bonds exchanged for equity as part of the Refinancing). It has been agreed that the Rights Issue Subscription Price will be fixed at GBP0.05 per Ordinary Share.
mitzy
- 19 Dec 2014 19:14
- 1872 of 2076
Another new low..6p.
doodlebug4
- 19 Dec 2014 22:10
- 1873 of 2076
Another goldfinger ramped disaster.
cynic
- 20 Dec 2014 06:49
- 1874 of 2076
don't be ridiculous .... this thread was started in 2004!!!!
for a long time POG as a company and share performed very well indeed, though certainly what happens next is very much in the lap of the gods and that megalomaniac putin
doodlebug4
- 20 Dec 2014 08:57
- 1875 of 2076
Gf was still saying the chart "looked brilliant" this year.
cynic
- 20 Dec 2014 09:14
- 1876 of 2076
it probably was earlier this year
i've bought, sold, gained and lost money with this one on a regular basis
at 22p i reckoned it was a good gamble again and still hold those ...... it's looking very sick at the moment but strange things happen
you could cast similar aspersions about TLW and AFR, but again rather without foundation ..... wrongly i think, you could hold these two up as crackers on the basis of this week's performance
required field
- 20 Dec 2014 14:15
- 1877 of 2076
Not in...but wasn't this at £10 plus at some stage.....unbelievable.....
required field
- 20 Dec 2014 14:18
- 1878 of 2076
Just had a look at the charts...it hit 700p.....now 6p....crazy drop...