Polymetal Share Discussion Threads

[pixi] 15/1/2015 18:26

Excellent day for gold.

[cafe tabou] 15/1/2015 09:47

Doubled my holding at 571.

[pixi] 07/1/2015 00:19

I suspect gold will do well this year.

[undervaluedassets] 02/1/2015 12:37

Rouble down 43% in one year.

Gold down 4% in one year

Margins here are going through the roof

Gold priced in dollars

Costs are in Roubles.

There will be lots more special dividends to come.

Price of Oil/diesel helpful here too.

[kibes] 24/12/2014 11:36

Anyone fancy a dividend paid in rubles?

[togglebrush] 22/12/2014 13:41

On FTSE 350 risers board currently at 5th Today

[togglebrush] 20/12/2014 07:39

Silver down 1.26% today $15.86
Gold also down at $1195

[undervaluedassets] 18/12/2014 16:31

light retracement - ex div today.

[undervaluedassets] 17/12/2014 07:53

Collapse of Rouble is nothing but a boon here.

Company uniquely placed to take advantage of a distressed ruble.

[kibes] 16/12/2014 13:32

Nobody worried about the collapse of the ruble here? The Russsian government will be desperate for hard currency sooner or later and mining companies selling their products in dollars will be obvious targets. Could be forced to convert their income into rubles? And what about dollar denominated debt?

[fangorn2] 10/12/2014 08:55

RBC "Outperform" TP 740p(raised from previous 625p)

[undervaluedassets] 10/12/2014 08:54

Contrast with POG is stark.

POG running out of cash.

Poly doing nicely on back of much reduced costs (rouble and diesel) and returning cash to shareholders.

Gold price (for the moment) helpful too.

[togglebrush] 06/12/2014 07:48

SPECIAL DIVIDEND announced
'
A 4Dec XD 18Dec Paid 23Jan15 @US 0.20c exchange rate to be confirmed 22Dec
'
which brings total declared dividends for the year to US$0.28 per share or US$118 million (representing an annual dividend yield of 3.0%).
'
NICE ONE

[undervaluedassets] 10/11/2014 11:41

POG's marginal cost of production much higher.

[kibes] 10/11/2014 11:33

Just wondering how this can be worth £2.3 billion when Petropavlosk (POG), which has similar production rates/debt levels/operating costs is only worth £41 million? If the fall of the rouble is such a great thing it doesn't seem to have helped POG.

[undervaluedassets] 10/11/2014 11:22

I think that the difference is that Poly have already shown that they can turn a falling rouble to their advantage.

[fangorn2] 07/11/2014 12:19

Surprsiingly it doesnt seem to be so great for Highland Gold (:

[undervaluedassets] 07/11/2014 12:04

rouble falls another 4% today!

great for this share.

[undervaluedassets] 31/10/2014 14:53

great for us

[togglebrush] 30/10/2014 15:40

Currently Top of FTSE 350 leader board

[undervaluedassets] 30/10/2014 14:24

Gold priced in dollars.

costs are in roubles.

rouble weakness means already good margins will be getting better here.

[nofool] 29/10/2014 12:54

Fantastic rally. Well done forwood.

[togglebrush] 29/10/2014 07:56

CNBC TV... SWISS to vote on holding 2,000 tons of gold. This would be two thirds of annual production of gold but buying would take place over five years.
'
IF passed it would increase price of gold. Referendum thought unlikely to pass

[fangorn2] 28/10/2014 13:23

@Forwood

Similar has happened at Highland Gold...is the Russian discount really that big now?

[undervaluedassets] 28/10/2014 11:59

duplicate.