Polymetal Share Discussion Threads

[1knocker] 20/7/2022 16:45

I am sure Putin must be really feel the pain when the western sanctions result in assets being given away by westerners to Russians. That must really hit him where it hurts. Meanwhile, Russian O and G revenue is the highest it has ever been, and Russian fertiliser commands premium prices too, likewise Russian wheat. What are Biden and Co going to do next, insist that he accepts free ammunition?

[xxxxxy] 20/7/2022 13:44

Russia.... Down. Down. Down.Russia has left Civilisation.Russia is Uninvestable.A will have to pay masses and masses and masses of compensation.Russia = FAILLearn the lessons.Never ever invest in Russia again.

[plat hunter] 20/7/2022 11:26

It's not to be good that's for sure. The shareholders will get the debt and the Russians will get the gold, literally.

[crt131] 20/7/2022 08:57

I just hope its not a fire sale or give away as if the debt is left to remaining assets in KAZ it will not bode well for shareholders. Just remember the assets in Russia are world class and should not be given cheaply at any cost. Good luck anyway.

[borisjohnsonshair] 20/7/2022 08:53

More like 200p in reverse

[peeks007] 20/7/2022 08:10

Hopefully it gets past 300p today with some luck

[ny boy] 20/7/2022 07:40

Yes way too risky, why take the risk, just wait to see what transpires and if good buy, doesn’t matter if you miss the first spike as then you buy to hold long term, if it becomes a safe play. Getting way better returns off SHIB, +60% so far, still another 440%+ to come this year if the crypto winter is over dyor

[blackhorse23] 20/7/2022 01:07

Could be delisted from LSE ? More likely

[lovegod2] 20/7/2022 00:15

poly price ..november £14

[lovegod2] 20/7/2022 00:14

ha...zelinsky and his little bunch of zionist gangsters are now well and truly fukd !! enjoy the profits dudes.. lovely. ooops um..sorry xxxy

[trader465] 19/7/2022 22:05

Tit, keep shooting for 80 “sheets” a day little boy

You are laughable

[plat hunter] 19/7/2022 19:47

I've only seen the pair of you get absolutely bum raped. Wouldn't be surprised if you was one in the same person, both equally stupid with a almost identical record.

[togglebrush] 19/7/2022 18:07

Todays trading by the Hour
for ALGO and Off-Book deals (numbers inclusive for Buy & Sales)


19-Jul-22
ALGO
__ALGO__
Off-Book
Off-Book
Avg Price


Time Band
Num
Avg Value
Num Deals
Avg Value
All deals


Hr 8-9
27
£2,504
35
£3,227
186.81


Hr 9-10
9
£4,201
31
£2,946
189.14


Hr 10-11
3
£4,761
11
£1,741
189.86


Hr 11-12
10
£2,713
36
£3,468
196.85


Hr 12-13
5
£8,651
81
£3,306
212.48


Hr 13-14
32
£4,081
283
£4,668
241.03


Hr 14-15
85
£2,489
228
£5,292
232.75


Hr 15-16
52
£2,184
136
£9,741
238.51


19-Jul
ALGO Deals
ALGO Avg
Book Deals
Book Avg
All deals


TOTAL
223
£3,021
841
£5,291
226.79


Using trading volume and prices as a voting machine will begin to reflect the prospect of discounted cashflow on income could effect share prices
Upto roughly 11 am will begin to reflect prospect of news
after 11 am onwards DCF will begin to reflect prospect of POLY with/without dividend and/or peace dividend
after 14.45 am onwards DCF will begin to reflect prospect of with/without a split POLY with/without dividend and/or peace dividend
This is getting very complicated
E&OE

[xxxxxy] 19/7/2022 18:02

A random User37 MIN AGORestarting the gas doesn't really make sense for Russia. It means that by October European gas storage will be nearly full, more LNG capacity will be on stream, and Russia will have lost its leverage.We will see over the next few weeks. Of course Russia will always claim they will supply, and then find a technical reason why they can't. their problem is that it's only going to take a year for Europe to unhook from Russian energy, but Russia won't get new pipelines to China before 2030.... Daily Telegraph

[plat hunter] 19/7/2022 17:49

Stupidgit is back ha ha ha ha... All you need is a chip and chair eh?

[xxxxxy] 19/7/2022 17:27

You don't understand. Russia has lost all credibility and trust in the world.No one wants to be associated with War Criminals and Thugs. This is why UK is Great. It is the antithesis of Russia and Russian. We have standards and law. And I am proud of that. So.Russia has left Civilisation.Russia is Uninvestable.And Russia has to pay huge amounts in compensation

[reddirish] 19/7/2022 17:27

It depends on how much of the debt is owed to Russian entities. Such debt could probably be assigned to the Russian asset base. Anything owed to non-Russian entities would have to be kept on the books of any remnant business. Such detailed counterparty information is not shown in the accounts, so we'll have to wait for the conclusions of the Board review.

[xxxxxy] 19/7/2022 17:23

Russia takes territory and rapes and tortures and steals and murders so nothing is left, just bombed out poisoned ground and genocide and Zone Zero, then calls that victory.Made in Russia. The Uncivilisation and Madness

[flyfisher] 19/7/2022 17:12

In a broker presentation a while back, in response to an analysts question they commented that they would aim to restructure debt to 60% / 40% Russia - Kaz.

[spacedust] 19/7/2022 16:58

Russia is losing?
Ukrainians fleeing in their millions
Ukrainians dying in their thousands
Ukrainians town's and cities falling in the hundreds
More land in control of Russia

More.countries trading with Russia
Russian ruble strongest its been in many decades

Our media still tell us Russia is los8ng????




xxxxy

19 Jul '22 - 14:49 - 16961 of 16985
Russia has lost. Lost Ukraine and its people, their hearts and minds. Russia will have to pay compensation to Ukraine and others. Russia has lost Credibility. Lost Trust. Lost Respect in the Civilised World. Losing its best young people. Russia is bleeding, one way and another. Russia is not about Progress, but determined by old men wallowing in 19 century empire memory. Russia has lost and is lost under Putin and the KGB culture.
Russia has left Civilisation.
Russia is Uninvestable

[togglebrush] 19/7/2022 16:57

Back of an envelope Guide for possible split
'
www.polymetalinternational.com/en/assets/where-we-operate
'
Has maps etc , Kaz border is not shown clearly
production at Q3 2021 Koz gold
Voro________22
Varvara_____47
Veduga______
Kyzyi_______91

Group _____437 Gold from all mines

POX ????
Just a rough guide DYOR

[imastu pidgitaswell] 19/7/2022 16:55

16983 - Kaz valuation around $3.4 billion, or £2.8bn; current market cap is £1.1bn


Fag Packet valuation if this transaction came to pass:

Production and AISC numbers from April Capital Market presentation:

Slide 24

Assumptions on Gold price, net income multiples are just (low-ish) punts. Take your pick...


.......................................Russia............Kaz
Production...........................1,200koz.........500koz
Gold price.............................$1,850.........$1,850
AISC...................................$1,400...........$950


..........................................$'m.............$'m
Annual net income using the above.........540.............450
Multiple for valuation.....................10...............8
Resulting Valuation.....................5,400...........3,600
Net debt (estimate for June 2022)......(2,000)...........(200)
Net valuation...........................3,400...........3,400

Group Total valuation $6,800,000, or £5.7bn.
Current market cap (473.6m shares) at £2.34 share price = £1.1bn
So multiple of 5.07 over current market cap and share price - which gives £12.
Assuming a discount of, wot, 20% for risk/costs/reduced institutional interest = share price post transaction around £9-£10.



Just a starter for 10 - easy to trash, in terms of valuation multiples (of income less AISC?!) and finding someone to pay $5.4 bn for the Russia assets - but have to start somewhere. Also worth noting that if Russia assets valued at nil, the group would still be valued at $1.4bn - around current market cap. But they're not going to value them at nil, are they - what would be the point? Just carry on operating them and keep the cash generated, reduce group debt. Or at least take the value of the Russia/Cyprus debt as payment for the assets - so some $2 billion.

What it does tell me is that the 'right' price is a lot higher than the current one. And the reaction in the share price (which as always moved before the RNS...) shows that there is a fair bit of retail short interest out there, with no institutional interest at all.