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Petropavlovsk – Q3 operational update & ‘Positive’ outlook, still a buy?...

By Tom Winnifrith & Steve Moore | Wednesday 23 October 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Petropavlovsk (POG) has updated on increased gold sales (to 126.4koz) and average realised gold price (to $1,388/oz) in the third quarter, with CEO Dr Pavel Maslovskiy emphasising “the smooth ramp-up has continued at the POX Hub where we have now successfully commenced treating third party concentrates during the quarter”

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