Polymetal Share Discussion Threads

[the white house] 23/7/2020 14:28

Chat...always proof read before posting...

[the white house] 23/7/2020 14:27

The noon chart seems to have gone well, anyone listen in and/or ask searching questions''

[geckotheglorious] 23/7/2020 12:14

Happy to sit on these for a while longer myself.
HGM doing well too. :)
And CEY.
And Randgold.

MML the black sheep, still.

[action] 23/7/2020 11:58

I only got last tranch now to sale or just to keep.

[imastu pidgitaswell] 23/7/2020 11:34

Nothing specific - just looking at the ytd chart. My guesstimate is something like 1680 - so the same.

Still seems to be not liked so much - maybe it's the debt, maybe it's Russia, maybe it's pandemic uncertainty. But has not taken off like other gold shares, despite being the best funded and with the best cashflows. Even today, quick 20p dip just now. Expensive cup of coffee...

[the white house] 23/7/2020 09:26

Superb results. Anybody got an average Gold price for last Q, ballpark $1675 ish' Given numbers in July monitoring going forward the next Q will be tidy

[imastu pidgitaswell] 23/7/2020 08:20

Funny :-)

Never heard of it, I'll look at it later. And have a word with Mrs P...

[dplewis1] 23/7/2020 08:17

OVB used to be Ovoca Gold, they hold about 9 million quids worth of POLY shares (as well as being the developers of a drug for female libido issues..)

[imastu pidgitaswell] 23/7/2020 08:15

Divi etc will be with actual results in August - these were just production updates

[imastu pidgitaswell] 23/7/2020 08:14

Just above closing - 1706. Might not make it so would do it 'manually' (and that's not the Mrs P thing)

[action] 23/7/2020 08:13

What price?

[action] 23/7/2020 08:13

Any divi announcement pls?

[imastu pidgitaswell] 23/7/2020 08:12

Gap fill? Limit buy set.

[imastu pidgitaswell] 23/7/2020 08:11

I just searched for 'OVB' - Viagra for women?! I mean Mrs P isn't as young as she used to be, but consume enough wine and she can still manage a bit of mining and exploration...

Not sure of the connection to POLY...

[action] 23/7/2020 08:10

1755 to 1735p now .....

[dplewis1] 23/7/2020 07:31

You could buy some OVB .. seems to trade at a discount to their POLY holding

[imastu pidgitaswell] 23/7/2020 07:18

Those are extraordinarily good production results - higher volumes, prices obviously, and no CV19 cases in mines. Better even than FRES, and a lower earnings multiple.

Bit annoying, I was hoping for a pullback, as sold a few yesterday as it reached its previous peak. Still have plenty, but want more...

[af004] 23/7/2020 06:29

Write up in FT today.

[action] 22/7/2020 14:30

FRES is up 11% today . WOW. I never saw even half of rise in POLY in one day. always one week late to join the party.

[ukgeorge] 22/7/2020 12:07

For precious metals my main bet is HUM, then I have an equal amount of fres and cey, then small amounts in poly, tsg, cora, silver etf and a bit left field mcewen mining.

These are a solid company with some fantastic assets. the devaluation of the rouble also helped cost a lot. Fingers crossed this bull mkt lasts a good few months more.

[imastu pidgitaswell] 22/7/2020 11:55

:-)

Just something of a risk spreading - was happy to concentrate all in FRES at 500 and 600, not so much now, even though they're doing very well. Been a very rapid rise from 800 there. Deserved, but safer to diversify at current levels - it may not be as lucrative (or it may be) but happy to de-risk and guarantee keeping the gains.

Re POLY - thought are as per previous posts here; I don't know it as well as FRES, but going OK so far.

[ukgeorge] 22/7/2020 11:09

Hi Imastu, sold a few Fres and joined you in these :)

Loving the action in these and a few others. Even my junior Hum is waking up.

[imastu pidgitaswell] 22/7/2020 10:55

To be fair, they wouldn't know. Or shouldn't know. Insider trading 'n all that.

I do agree, the market is undervaluing this at face value. There is known selling by major holders, there is the thing that it is Russia with the associated political risks - it's all stuff that makes the market. I'm happy to hold and trade it, just not as many as twith other producers, specifically FRES. But that's just me, others feel differently.

Production will most likely be impacted to a limited extent by the pandemic - but shouldn't be significant otherwise there should have been an RNS - but to be honest it seems to make little difference elsewhere - e.g. HOC.

[king_baller] 22/7/2020 10:24

I don’t think Oliveira would be buying 80 grand of Poly for the family trust if there were production issues to be released tomorrow. Q2 update will likely wake up the market to POLY. I definitely wouldn’t sell any POLY as it’s about to break out to new highs!