Polymetal Share Discussion Threads

[gateside] 31/1/2020 08:37

Special Dividend of 20c announced and share price now at All Time High!

[crossing_the_rubicon] 30/1/2020 23:34

Gold Mine Output Falls For First Time Since 2008 After flat-lining over the last several years, gold mine output fell by 1% in 2019. This is further evidence that we could be heading into a long-term and perhaps irreversible decline in gold mine production. According to the World Gold Council, total gold mine output in 2019 came in at 3,463.7 tons. Mine output fell 2% year-on-year in Q4 to 859.5 tons. According to the WGC, it was the lowest level of fourth-quarter mine output since Q4 2016. Gold production declined year-on-year in every quarter of 2019. Over the last couple of years, several gold-mining executives have warned we have found most of the world’s minable gold. For instance, last year, Goldcorp chairman Ian Telfer said, “We’re right at peak gold here.”  And during the Denver Gold Forum in September 2017, World Gold Council chairman Randall Oliphant said he thought the world may have already reached that point. Franco-Nevada chairman Pierre Lassonde has also indicated he expects a significant dip in gold production in the coming years. And last spring, a report in Deutsche Welle made the case that we’re approaching peak gold. Case in point – South Africa was once the world’s leading gold producer. It’s now dropped to number nine globally. In 2018, a study came out saying  South Africa could run out of gold within four decades. Analysts say that at current production levels, the country has only 39 years of accessible gold reserves remaining. China ranks as the world’s largest gold producer. Chinese mine output fell 6% y-o-y in 2019, marking the third consecutive year of decline. The biggest problem facing miners is that the easy to mine gold has mostly been dug out of the earth. We’ve had a three-decade decline in the discovery of new gold deposits despite increases in exploration funding. CFRA Research analyst Matthew Miller told Deutsche Welle that gold miners are struggling to grow reserves in line with production. "The largest and most prolific reserves have already been found.” Even with gold prices rising, mining companies are having a difficult time coving the higher cost of mining the harder to reach, lower-quality deposits of gold left in the earth. hTTps://www.zerohedge.com/commodities/gold-mine-output-falls-first-time-2008

[zcaprd7] 30/1/2020 09:25

Ready for a new high?

[rolo7] 27/1/2020 10:57

Breakout please!

[source] 24/1/2020 12:09

Maybe something to do with them moving on to the FTSE100 index?

[crossing_the_rubicon] 23/1/2020 11:05

Hmmmm anyone know why Polymetal RNS's are no longer even identified at Investegate? Just noticed that this mornings Q4 production results are nowhere to be seen Investegate side. They're there at LSE. It also seems that both the Ore Reserve increase (Nov 2019) and NED appointment(Dec 2019) are also missing from Investegate. Last one was Q3 production results.

[srpactive] 21/1/2020 08:31

r7 Yes hold here and hgm, both beat expectations, hgm this morning, pe 15. dyor

[rolo7] 20/1/2020 08:10

This should move up this week already said 50kos more than expected in october before the latest gold price rise!

[srpactive] 17/1/2020 10:05

Blackrock holding -------------------- https://uk.advfn.com/stock-market/london/polymetal-POLY/share-news/Polymetal-TR-1-Notification-BlackRock/81277424 --------------------- Polymetal PE 20. dyor

[bigmike100] 13/1/2020 20:18

I would appreciate some help. I have been studying the RNS TR-1 dated 5/7/19 how can you tell that it is a sell?

[stockstracker] 13/1/2020 14:41

#POLY Berenberg hikes 2020 gold price forecast above consensus as geopolitical tensions mount https://twitter.com/smallcappick

[srpactive] 11/1/2020 10:32

Yes and Blackrock increasing their stake. The US are getting involved in the Russian goldminers, who is next lets hope it is my other goldminer HGM, so undervalued. dyor active

[source] 11/1/2020 10:17

Hard not to be impressed by Polymetal. Great potential mines & Developement still to come on stream too. Special Dividend also more than probable now. Regards,Source.

[dave4545] 19/12/2019 17:25

Serious volume today in this one

[thatsmart1] 12/12/2019 14:24

Seems popular today.

[srpactive] 10/12/2019 14:41

c47 Agree more the increase of production, a further 290000 oz to the pile in a world that the miners are chasing more gold maybe. If Poly bought hgm, the oligarch would possibly be gone. It makes sense to me anyway. dyor active

[casual47] 10/12/2019 13:26

There would need to be a compelling reason for such an M&A, just some cost-cutting seems rather feeble a reason on its own. E.g. does HGM have assets which are logistically advantageous to Poly, e.g. licences adjacent to their POX? Does HGM have premium assets which would provide Poly with better cash flows and/or could allow Poly to focus on in the short to medium term and which would allow them to divest or push back secondary projects of their own? Etc etc. Then there is also the issue of oligarch shareholder ownership. It seems to me that Poly has rather a lot on its plate already, with Kyzyl and POX-2.

[srpactive] 10/12/2019 13:03

I too have both and agree mixed feelings. Although if they did join, there would be costs cut and a decent re-rating would occur I would expect. More trackers would buy as the enlarged group would have more weighting possibly. dyor active

[crossing_the_rubicon] 10/12/2019 10:54

SRP, Missed feelings as I own both. Have more HGM so the likely "All paper" big negativity at Poly will be outweighed by the, one hopes, decent premium if it were to materialise! Gold consolidation Russian side inevitable. We wait and see!

[srpactive] 10/12/2019 10:49

CtR Yes ripe indeed, I feel you might be correct, but it would be a very strong company if Poly did acquire hgm, it would be worth north of £6bn and firmly higher on the ftse100 ranking. dyor

[crossing_the_rubicon] 10/12/2019 10:30

Russian politics surely Srpactive. Can't be any other reason. HGM looks ripe otherwise.

[srpactive] 10/12/2019 09:30

Morning all, hold here and hgm. I really do not know why poly are not interested in hgm, hgm has fallen near 30% since September ( which is strange as their production is at the high end of expectations and the gold price has risen very strongly ) and poly has kept high at the current level. Surely poly could use their strong paper and hgm share price to get a good deal done. Even though hgm have been 250p recently an approach just below that would get approval I would have thought. Just my view. dyor active

[2solaris] 14/11/2019 08:13

Nice positive start once again, if we face troubled times ahead this stock will really become a gem.

[source] 13/11/2019 18:51

I attended their investor day and came away mightily impressed with Kyzyl & the huge world class potential of Prognoz.Can see why they made it into the FTSE 100. Hopefully its large attractions will catch on.