Polymetal Share Discussion Threads

[mickinvest] 28/1/2021 13:51

Gold and silver prices looking lively!

[fuji99] 28/1/2021 13:22

The turn for gold recovery is expected very soon. All economic indicators are in the red with redundancies at all time high. It's just a matter of being patient.

[montyhedge] 28/1/2021 13:00

Yes save 0.5% lose 10%

[fuji99] 28/1/2021 11:00

The good thing in buying POLY shares, is that we don't pay stamp duty.

[mickinvest] 28/1/2021 11:00

Cheers ip

This year looks to be the high for capex and decent production increases forecast for 2022-2025, looks a steal.

[imastu pidgitaswell] 28/1/2021 10:35

Mick

Read the presentation (2nd link) in the post below:

[mickinvest] 28/1/2021 10:32

Few notes from this morning's research.

Figures from 1st Half 2020

Sales of

Gold 595Koz @ $1661
Silver 9.9Koz @ 16.7

Revenue $1135M

9 months 2020

Revenue $2019M

The lag between gold production and sales, mainly at Varvara and Kyzyl, is expected to close in Q4 2020.

POLY paid $189m dividend and reduced debt by $80m in the 3rd quarter.

Got to be undervalued at £15.80?

[fuji99] 28/1/2021 10:19

It is time to accumulate these solid gold miners such as POLY. Bought a good bunch today to hold for a year or two while the struggling markets are in turmoil.

[mickinvest] 28/1/2021 09:42

"In Q3 the Group continued to exceed production budget and generated massive cash flows on the back of a seasonal release of working capital", said Vitaly Nesis, Group CEO of Polymetal

Not often you get a CEO stating massive cash flow, bought in today.

[imastu pidgitaswell] 28/1/2021 09:31

And it's going to very good - we already know that...

[mickinvest] 28/1/2021 09:25

Tomorrow will see 4th quarter production numbers.

[rogash] 28/1/2021 09:18

what has happened to the production update, early jan. last year?

[montyhedge] 28/1/2021 08:39

Got to my target 1575p, quickly, looking weak further downside.

[rasl5] 28/1/2021 08:15

montyhedge - 19 Jan 2021 - 08:57:19 - 765 of 808 Polymetal International - POLY
Don’t worry should be below 1600p, you can pick up a few more.
-------------------------
it drop to 1573 so far .

[mickinvest] 28/1/2021 00:12

Talk of Reddit going after Silver, makes absolute sense as this one is shorted and held down probably by US government but has no real cap if worldwide money poured into it or gold. Looking at taking a holding here tomorrow just in case and ahead of Friday's results.

[farnesbarnes] 27/1/2021 11:44

And spot.

And GME.

And Melvin.

And Musk.

[imastu pidgitaswell] 27/1/2021 11:40

You can thank FRES for this...

[farnesbarnes] 27/1/2021 11:35

what happened to your 1575 monty?

[rasl5] 27/1/2021 11:10

WOW more buy at 1600 ,.

[gbh2] 27/1/2021 09:51

Made a few quid a while ago but there's more predictable cash to be made elsewhere imo.

[rasl5] 27/1/2021 09:02

Buy more at 1634 .

[rasl5] 26/1/2021 13:47

buy 1 more lot POLY 1652 ,will sell +30 or +40 i it go up.

[rasl5] 26/1/2021 09:27

i will re buy at 1660 ,my trading lot .