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Petropavlovsk - very good news from IRC - BUY (target 19p)

Tom Winnifrith
Friday 22 April 2016

Petropavlovsk(POG) has highlighted an announcement from Hong Kong-listed associate company IRC that waivers in respect of IRC's project finance facility with ICBC have been conditionally granted – including for obligations for Petropavlovsk to comply with certain financial covenants.

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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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