Polymetal Share Discussion Threads

[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.

[2solaris] 13/11/2019 08:16

Gold up a bit this morning.

[uncle john] 11/11/2019 08:15

From Whitman Howard today. Analyst Roger Bade
Precious metals continued to ease. The gold price fell nearly ten US dollars per ounce ($/oz) to just over $1,460/oz; or £1,140/oz; silver shed nearly twenty cents/oz to just over $16.85/oz; platinum plunged $20/oz to just under $885/oz and palladium crashed nearly $45/oz to just over $1,730/oz.
Polymetal International (POLY)
The 18% increase in compliant reserves at their Kyzyl gold mine in Kazakhstan was positive. In spite of increasing the mined rate to 2 million tonnes per annum (Mtpa) from the 1.8 Mtpa assumed in May 2019, the life of the open pit is extended by 5 years to 2031, while the whole life of mine was extended to 2047, or eight more years than previously expected. Recent metallurgical experience and knowledge of the whole mining and transportation sequence has allowed a halving in open pit cut off grades to 1 gram per tonne (g/t). Underground cut off grades fell more modestly to 3 g/t from 3.7 g/t.

[source] 11/11/2019 07:46

"Polymetal is pleased to announce an 18% increase in Ore Reserves at Kyzyl gold deposit to 8.5 Moz of gold in accordance with the JORC Code (2012). "=> WOW! Great 18% upgrade in Polymetals gold resources today. Also noticed a very positive increase in mine life by +8years too.

[podgyted] 24/10/2019 10:08

Good production numbers this morning.

Raised production target - still pretty low IMHO.

Lets see if they have any sustained impact.

[source] 01/10/2019 09:19

Bad timing I'd say. Noticed a £90k buy by Director two weeks ago (Oliveira). Regards

[crossing_the_rubicon] 27/9/2019 10:00

Amy thoughts on Mamut's stake reduction below the notifiable level?

[srpactive] 12/9/2019 08:10

Source

Post 179

Tickling a place on the ftse100.

[gateside] 04/9/2019 21:41

That's POLY in the FTSE 100, promotion will happen later in the month.POLY also goes ex dividend tomorrow

[source] 04/9/2019 12:14

179 only talks about Trump? Srpactive?

[podgyted] 04/9/2019 08:12

They certainly did - lets see if it holds - silver helping, gold not.

Formal announcement after market close tonight.

[edjge2] 04/9/2019 08:00

Poly obliged at £12 podgyted.