http://www.kitco.com/charts/livegold.html

cheers GF.

20p would be good! Declared short interest is still just over 4%.

I would not recommend shorting this.....

Gold +$24.5

Not bad :71% increase...perhaps more tomorrow morning...

I only need 4 or 5 of that size increases in the sp, RF.
2517

You should take a look at my duds......I'm stuck in some stocks for years I fear....

Yeah I'm good at that RF, buy a stock for a quickish profit and it turns out to be a long term holding, ha! ha!
2517

My 20p (short term) target might be realistic after all, if it continues to rise like this!

The herd have now arrived and are pushing it up.....and I reckon the market agree that this should be a good recovery stock this next year..or a takeover ?..

I don't think that you can have a takeover with complicated financial arrangements...so it must be that a rebound has started and the icing on the cake is the 5p share offering....

But what will happen to the sp once all those new shares hit the market?

Not before february at the earliest....who knows ?....depends on a lot of factors...nothing goes in straight lines...what they might do is to consider raising the issue price....because of the last few days...(not sure if they can do that with the bondholders though)...

The greater the mkt cap of the co at the time of the RI the smaller the effect it will have on the sp at that time.
2517

Up we go again. Currently 15.5p.

So far so good....good ongoing recovery...spot price helping...

Petropavlovsk PLC is proposing a Rights Issue on the following basis:

157 Nil Paid Rights for every 10 Petropavlovsk Ordinary shares held on the Ex-entitlement Date of 27th February 2015.

Each Nil Paid Right entitles the holder to subscribe for 1 New Petropavlovsk Ordinary share at a price of 5 pence per New Ordinary share.

Not sure if this is of any use to anybody... but there's a free Excel Spreadsheet to help you calculate your RI costs etc. available to download from this link:

http://j.mp/POG-RI

Good luck to all holders: don't forget to vote in favour for the RI right away, if it fails to pass the shareholders meeting on 26th Feb. then POG will probably go into administration...

glad i'm not in, KAZ seems to be recovering quite well.,.

There's an article on the RI been published by the Mail on Sunday (hopefully the link will work):

http://www.thisismoney.co.uk/money/news/article-2944056/Small-investors-head-says-City-grandee-Peter-Hambro-shares-plummet.html

Worth a read if you hold shares...

GLA, Gaz.

P.S. I hold shares in a SIP and have already voted yes myself.