Polymetal Share Discussion Threads

[xxxxxy] 19/8/2022 15:15

Putin nightmare as Russian economy 'collapsing' – new Yale charts show markets FROZEN OUTTHE RUSSIAN economy is "collapsing" as sanctions and a mass exodus of over 1,000 companies from the country are "catastrophically crippling" it, a new study by experts at Yale has revealed.By ALEKS PHILLIPS... Daily Express

[robertstronghand] 19/8/2022 14:05

To paraphrase Elijah Magnier on twitter, UN Secretary General and Erdogan meeting Zelensky in Lvov means the peace process is starting, very early days but the neocon gambit has backfired spectacularly, they lost.

[smithie6] 19/8/2022 13:45

sells now at 234p

popular share this week

[wskill] 19/8/2022 12:48

Soon POLY will no longer have any Russian mines only Kaz mines .

[xxxxxy] 19/8/2022 12:44

10:34amVladimir Putin should be barred from G20 - Rishi SunakFurther to our post at 5.51am, Rishi Sunak has called on the G20 to bar Vladimir Putin from its meetings until Moscow halts the war in Ukraine, his spokesman has said.Putin and Chinese leader Xi Jinping will attend the G20 summit on the resort island of Bali this November, a longtime adviser to the Indonesian president said earlier..... Daily Telegraph.... Nah.... Just arrest him.

[wskill] 19/8/2022 12:32

News on Monday then about the 19.07.22 update

Update on the potential modification of its asset holding structure

Polymetal International plc (Polymetal or the Company) reports on progress in its efforts to de-risk on-going operations.

As announced earlier this year, the Company has been considering a potential modification of its asset holding structure which would ensure distinct ownership in the various jurisdictions in which the Company operates. The Company today announces that it is evaluating the potential disposal of the Company's assets located in the Russian Federation (the Russian Assets) (the Potential Transaction).

If completed, the Potential Transaction would result in the Company focusing primarily on its operations in Kazakhstan, which currently produce over 500 Koz of gold per year, with revenue in 2021 of USUSD 984 million.

The primary objective of the Potential Transaction is to restore shareholder value by seeking to allow the market to appropriately value the Company's Kazakhstani assets and de-risk its ongoing operations. The Company believes that the Potential Transaction would also increase the likelihood of the Company's ability to re-enter all the relevant equity and sustainability indices and regain a significantly wider institutional audience. However, the evaluation of the Potential Transaction is ongoing and there can be no certainty that the Company will proceed with the Potential Transaction.

In order to evaluate the Potential Transaction, a Special Committee of the Board (the Committee) has been set up in accordance with the Company's Articles of Association, comprising the Independent Non-Executive Directors of the Company. The Committee will review the Potential Transaction, acting at all times in the best interests of the Company, its shareholders and other stakeholders.

Appropriate advisers have been appointed in order to assist in respect of the Potential Transaction.

"The Committee is acting in the interests of all of the Company's shareholders with the ultimate goal of unlocking the Company's value by removing its exposure to the Russian Assets.

Our plan has evolved since the Company announced the genesis of these actions almost four months ago, and I am pleased with the good progress so far. While we are dealing with several legal and regulatory aspects across jurisdictional boundaries, our aim is to apply best corporate governance standards and achieve the best outcome for all stakeholders", said Paul J. Ostling, Independent Non-Executive Director and Chair of the Committee.

The Company confirms that the Potential Transaction will be compliant with all applicable international sanctions and regulatory requirements, including shareholder approval.

[smithie6] 19/8/2022 11:43

2 sells at 233.7

the strong uptrend of recent days continues

[busthief2] 19/8/2022 11:34

Shorters seem to be uncomfortable, and its Friday !!

[wskill] 19/8/2022 10:40

Something afoot then update about the Kaz planning.

[smithie6] 19/8/2022 10:36

buys at 235p

[xxxxxy] 19/8/2022 08:57

War crimes and more war crimes.Russia will never be forgiven and the compensation will destroy Russia.Russia has died and lost its Soul.

[xxxxxy] 19/8/2022 08:55

Ukraine LIVE: Horror as vehicles 'filled with explosives' reported INSIDE nuclear plantRUSSIAN vehicles "filled with explosives" have been reported inside Ukraine's Zaporizhzhya nuclear power plant.By FRANCESCA EDWARDS... Daily Express

[xxxxxy] 19/8/2022 08:24

Interesting. Putin could be arrested and taken to the Hague Court.

[botuney9] 19/8/2022 06:45

You on commission 23?

Or just lost your shirt.

[blackhorse23] 18/8/2022 21:58

Best stock to buy in Europe is CURY (LSE). https://www.gurufocus.com/news/1849001/currys-plc-a-diamond-in-the-rough

[xxxxxy] 18/8/2022 20:09

Made in Russia. Murder. Rape. Pillage. Torture. WAR CRIMINALS. Russia has left Civilisation.Russia is Uninvestable.

[xxxxxy] 18/8/2022 20:08

Worth a read. Smoke and mirrors of Russian economy. Lots of smoke.Https://www.telegraph.co.uk/business/2022/08/18/dont-believe-putin-russian-economy-suffering-catastrophic/

[saturdaygirl] 18/8/2022 19:55

SG`s Viva for those that read LSE

[botuney9] 18/8/2022 17:38

Get out!! You daft?

Just look at the North American assets alone.

In the Rock Mountains and Canada etc.

On the market soon for billions....

[neutralpov] 18/8/2022 17:04

Get out while you can.

This is going where POG went.

[masergt] 18/8/2022 15:10

Idiot ramping. Just checked your other posts today.

"Wololol - 18 Aug 2022 - 12:07:05 - 11723 of 11780 CINEWORLD - CINE
This is going 15p no stopping this get in whilst you can

Wololol - 18 Aug 2022 - 14:03:40 - 11771 of 11780 CINEWORLD - CINE
Get ready for the afternoon rally back up to12p + . Nice entry under 10p right now"

Cine's 12-month range is 7.77p-85.16p. Dead cat bounce after 60% drop yesterday. Settling back to the 8s and in "active discussions with various stakeholders" to mull ways to bolster its coffers and possibly restructure its balance sheet, though a "comprehensive deleveraging transaction". It cautioned that any deleveraging is likely to dilute the value of its shares.

"POLY - Breakout any moment now to 300p+" More likely you'll break out in spots.

[wololol] 18/8/2022 12:28

Another day , another dollar for Poly investors. Breakout any moment now to 300p+

[smithie6] 18/8/2022 12:08

If look only at the share trading prices

Day after day the price keeps rising.