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

cheers GF.

What will happen if take up is low?
Can it fall below 5p?

I can't remember if it's underwritten or not, but if take-up is poor I believe the surplus is sold in the market for what they can get, so yes it can and probably will drop below 5p.
2517

Sapinda sold nearly all their holding, now just 0.41% held. They must have lost a packet as well.
2517

I have to admit that I got out of these some time ago...much higher skipping the fund raising....but keeping an eye on these.....

Results of Rights Issue
Petropavlovsk PLC (the "Company" and, together with its subsidiaries, the "Group") announces that, under the terms of the Rights Issue announced on 2 February 2015, as at the latest time and date for receipt of valid acceptances, it has received valid acceptances in respect of 1,097,024,365 New Ordinary Shares, representing approximately 35.35 per cent. of the total number of New Ordinary Shares offered to Qualifying Shareholders pursuant to the Rights Issue.

It is expected that these New Ordinary Shares in uncertificated form will be credited to CREST accounts as soon as practicable after 8.00 a.m. today, 16 March 2015. Share certificates in respect of New Ordinary Shares in certificated form will be despatched to relevant Shareholders by no later than 30 March 2015.

It is expected that these New Ordinary Shares will commence trading, fully paid, on the London Stock Exchange plc's main market for listed securities at 8.00 a.m. today, 16 March 2015.

In accordance with their obligations under the Underwriting Agreement in respect of the Rights Issue as set out in the combined prospectus and circular dated 2 February 2015 issued by the Company (the "Prospectus"), Merrill Lynch International will endeavour to procure subscribers for the remaining 2,005,898,145 New Ordinary Shares not validly taken up under the Rights Issue, failing which, the sub-underwriters and certain other Existing Bondholders have agreed to acquire, on a several basis, any remaining underwritten New Ordinary Shares.

In respect of New Ordinary Shares not validly taken up under the Rights Issue, any premium over the aggregate of the issue price of 5 pence per New Ordinary Share and the expenses of procuring subscribers (including any applicable brokerage and commissions and amounts in respect of value added tax which are not recoverable) will be paid (without interest) to Shareholders whose rights have lapsed in accordance with the Rights Issue, pro rata their lapsed provisional entitlements. However, individual amounts of less than £5.00 will not be paid to such persons but will be aggregated and retained for the benefit of the Company. Any cheques and credits to CREST accounts in respect of any such amounts are expected to be despatched or credited to the relevant Shareholders on or around 30 March 2015.

A further announcement as to the number of New Ordinary Shares for which subscribers have been procured pursuant to the rump placing will be made in due course.

Results of Rump Placing and Total Voting Rights
Petropavlovsk PLC (the "Company" and, together with its subsidiaries, the "Group") announces that, following the announcement made earlier today regarding valid acceptances under the Rights Issue announced by the Company on 2 February 2015, the Company confirms that, in accordance with the Underwriting Agreement, Merrill Lynch International has endeavoured to procure subscribers for those New Ordinary Shares for which valid acceptances were not received pursuant to the Rights Issue. No subscribers have been procured for such shares. Accordingly, all the remaining New Ordinary Shares will be issued in accordance with the sub-underwriting and equivalent arrangements as described in the combined prospectus and circular dated 2 February 2015 issued by the Company (the "Prospectus").

tells you what investors think of this!

does it mean that ML will be the holder of over 2bln shares at 5p a share?

Don't think so ahoj:
"Accordingly it is the Founders Entities and those Existing Bondholders who have provided commitments who are exposed to the risk of having to acquire the New Ordinary Shares that are not taken up in the Rights Issue or subsequently subscribed for by subscriber(s) procured by the Underwriter in the rump placing. "

bet they'll want to unload as soon as possible too!
where's the upside here?

Need to watch the price of gold : this one reacts a lot with it.....

everything weighs against this one ..... gold, russia, disillusionment with hambro, mind-boggling overhang and so on and so on .... one to AVOID for a good while yet

Might be a good bet on a recovery....anything can happen...

It was going bust....might survive now....

survive? ... yes probably
invest? ... what on earth for?

Because the market will push the sp up if : the spot gold price rises and if there is no more doubt of bankruptcy here....in the meantime the sp could hit 4p or lower...one to watch Cynic....

Publication of Offering Circular

Completion of Refinancing

My RI shares are in profit already! Let the good times roll!!! ;o)

Indicators turning up and a nice gap to be filled.