Polymetal Share Discussion Threads

[togglebrush] 22/12/2014 13:41

On FTSE 350 risers board currently at 5th Today

[togglebrush] 20/12/2014 07:39

Silver down 1.26% today $15.86 Gold also down at $1195

[undervaluedassets] 18/12/2014 16:31

light retracement - ex div today.

[undervaluedassets] 17/12/2014 07:53

Collapse of Rouble is nothing but a boon here. Company uniquely placed to take advantage of a distressed ruble.

[kibes] 16/12/2014 13:32

Nobody worried about the collapse of the ruble here? The Russsian government will be desperate for hard currency sooner or later and mining companies selling their products in dollars will be obvious targets. Could be forced to convert their income into rubles? And what about dollar denominated debt?

[fangorn2] 10/12/2014 08:55

RBC "Outperform" TP 740p(raised from previous 625p)

[undervaluedassets] 10/12/2014 08:54

Contrast with POG is stark. POG running out of cash. Poly doing nicely on back of much reduced costs (rouble and diesel) and returning cash to shareholders. Gold price (for the moment) helpful too.

[togglebrush] 06/12/2014 07:48

SPECIAL DIVIDEND announced ' A 4Dec XD 18Dec Paid 23Jan15 @US 0.20c exchange rate to be confirmed 22Dec ' which brings total declared dividends for the year to US$0.28 per share or US$118 million (representing an annual dividend yield of 3.0%). ' NICE ONE

[undervaluedassets] 10/11/2014 11:41

POG's marginal cost of production much higher.

[kibes] 10/11/2014 11:33

Just wondering how this can be worth £2.3 billion when Petropavlosk (POG), which has similar production rates/debt levels/operating costs is only worth £41 million? If the fall of the rouble is such a great thing it doesn't seem to have helped POG.

[undervaluedassets] 10/11/2014 11:22

I think that the difference is that Poly have already shown that they can turn a falling rouble to their advantage.

[fangorn2] 07/11/2014 12:19

Surprsiingly it doesnt seem to be so great for Highland Gold (:

[undervaluedassets] 07/11/2014 12:04

rouble falls another 4% today! great for this share.

[undervaluedassets] 31/10/2014 14:53

http://www.bloomberg.com/news/2014-10-31/ruble-set-for-worst-month-in-2-years-before-russia-rate-decision.html. great for us

[togglebrush] 30/10/2014 15:40

Currently Top of FTSE 350 leader board

[undervaluedassets] 30/10/2014 14:24

Gold priced in dollars. costs are in roubles. rouble weakness means already good margins will be getting better here.

[nofool] 29/10/2014 12:54

Fantastic rally. Well done forwood.

[togglebrush] 29/10/2014 07:56

CNBC TV... SWISS to vote on holding 2,000 tons of gold. This would be two thirds of annual production of gold but buying would take place over five years. ' IF passed it would increase price of gold. Referendum thought unlikely to pass

[fangorn2] 28/10/2014 13:23

@Forwood Similar has happened at Highland Gold...is the Russian discount really that big now?

[undervaluedassets] 28/10/2014 11:59

duplicate.

[undervaluedassets] 28/10/2014 11:59

Weak rouble (weaker than ever) more or less assures profitability here.

[forwood] 23/10/2014 10:31

Looking very oversold from here. Was surprised it fell this far - 470 has been an unusually reliable support level this last month. Hasn't fallen as much on the MOEX (moscow exchange) - in fact quite stable (can see that here http://www.polymetalinternational.com/investors-and-media/share-information/share-price-chart.aspx?sc_lang=en Wondering really whether some of this weakness is rouble related - not sure why it should be but the chart below does show some relation in recent months. Also shows the 470 support line and previous low which we are not far off now. free stock charts from uk.advfn.com

[pixi] 02/10/2014 13:55

Fanghorn It's been a long time coming, but I'm happy to be here. I think some miners, like Fres, are on the turn and gold is bottoming out. I bought gold and gold miners today for my SIPP pension fund after hoarding cash.

[sanks] 01/10/2014 18:02

I would appreciate if you all don't rush in at once please...me and my bird Sheila are looking at buying some more closer to £4 if possible. Sanks in advance

[fangorn2] 24/9/2014 11:11

A good move I suspect Pixi. Missed the lows myself.