Polymetal Share Discussion Threads

[tightfist] 01/9/2017 15:15

Fangorn,I suspect that ETF-driven buying accounts for this behaviour? GDX and GDXJ are both strong since they broke out a week ago: On the LSE GDX holds RRS and CEY, whilst GDXJ holds CEY, HGM, ACA, IAG, HOC. Is POLY held by any ETF's with their current tailwind? Maybe fast gold money is moving out of POLY into the ETF's - pure hypothesis to be tested?!Cheers, tightfist

[fangorn2] 01/9/2017 12:51

Any reason Poly off 5%+ today but Randgold, HGM, CEY barely down or in blue?

[edjge2] 01/9/2017 08:49

special offer here from 950. NFP today to affect decision.

[aganatra20] 27/7/2017 06:34

PM miners will be doing well I think up to end of year now.

[loganair] 17/7/2017 22:03

miningweekly.com – Encouraged by the recently published resource estimate for the Nezhdaninskoye gold deposit, in Yakutia, Russia, LSE-listed Polymetal has decided to increase its shareholding in the joint venture (JV) project to 24.7%, with an option to acquire the remaining stake.

A new shareholder agreement has been negotiated, under which Polymetal will acquire an additional 7% share from its partner, Ivan Kulakov, for $8-million, which increases its interest to 24.7%.

A call option has also been agreed on, which will allow Polymetal to acquire the remaining 75.3% in Russia's fourth-largest gold deposit.

CEO Vitaly Nesis said on Monday that the new shareholder agreement will give Polymetal decision-making flexibility and offers the group a clear path to consolidating full ownership in the asset.

“Exploration at Nezhda confirmed a very large high-grade property with substantial openpit potential. The asset fits perfectly with Polymetal's core competencies in refractory ore processing and remote asset development,” he said in a statement.

The project has a measured, indicated and inferred mineral resource of 70.6-million tonnes at 4.7 g/t gold and 13 g/t silver, containing 10.7-million ounces of gold and 29.7-million ounces of silver, or 10.9-million ounces of gold equivalent.

Polymetal aims to publish an initial reserve estimate by the end of 2017.

Located in north-east Yakutia, in the Tompon district, Nezhda is considered remote with access by an all-season unpaved road, and no grid connection. The climate is characterised by long severe winters and short hot summers.

Polymetal currently envisions the construction of an openpit mine and a conventional concentrator on-site with concentrates processed at the Amursk pressure oxidation plant or sold to third party offtakers.

[loganair] 17/7/2017 21:49

JRS - JP Morgan Russian Securities Trust "Polymetal – This new name in our portfolio offers a reasonable investment multiple for a well-run mining business with a good track record of dividends, and we rate its management team highly."

[dozey3] 17/7/2017 07:55

Read the terms of the call and put options with incredulity. The words "suckered" and "leg-over" come to mind.
No holding.

[stoxx67] 16/2/2017 08:45

looking for a return to £12 on this.

[gateside] 14/2/2017 21:12

2nd March 2022 - Preliminary Results FY2021

[panic investor] 27/11/2016 12:51

Currently on the 61.8 fib level so should bounce

[blueball] 27/11/2016 08:16

stay short.

[blueball] 15/11/2016 08:45

Recovery today after yesterdays big fall.

[naughtynicky72] 10/11/2016 19:07

Not good for POLY today !

[blueball] 09/11/2016 07:54

Trumps victory is good for POLY.

[blueball] 02/11/2016 12:14

Edging higher today 950p.

gold past $1300.

[blueball] 02/11/2016 09:43

Small in DM rise due to rising gold price.

[weemonkey] 02/11/2016 09:27

Good read

Interesting news yet to come - divi hike (50-100%), resource/reserve updates + updates on new prospects. Prospective PE of between 7 and 9 baked in

[blueball] 01/11/2016 08:20

Finally broken 900p today where to next...which is 1000p I reckon.

[blueball] 27/10/2016 11:02

Coming back to life today needs to break 900p once and for all.

[blueball] 24/10/2016 08:19

Inclusion in STOXX.

[blueball] 18/10/2016 09:00

Rebound today.. heading back to 900p.imo.