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New Petropavlovsk management fighting rebels

The gold miner said there were still senior workers refusing to work with the new bosses
October 30, 2020
  • Company says some “senior employees” still not co-operating with new management
  • Interim results show big operating profit increase, while pre-tax profit hit by non-cash impairment
IC TIP: Sell at 26p

Petropavlovsk (POG) is a company in transition, with the new management reporting major profit and production increases achieved by executives it ousted from the company in August. 

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