Polymetal Share Discussion Threads

[zangdook] 25/2/2024 12:07

"Nor was Germany required to compensate its victims"

They've paid about $90b so far:



They're still paying about $1.4b a year:



Claim yours here:



But it's nothing they can't afford, not like after WWI.

[xxxxxy] 25/2/2024 08:04

The UN has lost its moral authority....... Christopher Rayner14 MIN AGOWhen the Soviet Union invaded Finland in 1940 they were unceremoniously thrown out of The League of Nations. Russia could be eliminated from the UN for breaking its own rules, but they do nothing.... Daily Telegraph

[31337 c0d3r] 24/2/2024 19:34

jL506

"Don't forget Minsk was agreed - who broke the rules Biden!!!!!!!!!"


Don't forget the Budapest Memorandum of 1993 - who broke the rules first Putin!

"The memoranda [...] prohibited Russia [...] from threatening or using military force or economic coercion against Ukraine ..."

[jl5006] 24/2/2024 17:36

maser
A misnomer a court of law?
Where is there one - not in UK where a scum gets £5m legal aid for living in style in a so called Syrian camp.
London courts who have the audacity to say that the plaintiff - accused of vile anti sem activity did not really mean it
Supreme courts such as ECHR - staffed by non law qualified dictate rules - and here make up their own minds.
Dont forget Minsk was agreed - who broke the rules Biden!!!!!!!!!

[masergt] 24/2/2024 15:31

xxxxxy - #21580. I know what you're saying but Putin doesn't recognise courts of law or normal civilisation. In fact his whole strategy for expanding his power and influence in the world depends on that same civilisation sticking to the rule of law. No commander ever won a war, and that is what this has been from the beginning, by always doing what the enemy expects. What set of fools goes to war and voluntarily ties both theirs and their allies' hands behind their backs. Therein lies loss and needless mass slaughter.

Come to that, what sort of commander-in-chief rules out the use of superior (conventional) weapons capable of quickly defeating the invading force on the grounds the enemy might capture one and copy it or learn how to stop it? Do the Yanks really think Russia and China stopped spying on them years ago? Hmm... let's try 'em with pea shooters first and if that doesn't work we'll upgrade 'em to air rifles - but only if UKR promise not to aim above the enemy's kneecaps.

We have to get real. Since Putin won't play by our rules then we must, in consequence, play by his. The right thing to do (since it wasn't done in 2014) would have been to eliminate him on 24th Feb 2022 as soon as he launched attacks from puppet Belarus on unprotected civilians in Kiev. This was not a disputed territory; there was no Putin orchestrated call from Kiev to be part of Russia; there was no partisan action against illegal Russian insurgency in Kiev but Putin bombed it all the same.

The build up was obvious to 'law abiding civilised society' and the warnings we sent went unheeded. If anyone thought waving a signed treaty at Putin would make him withdraw they were fools. Naive, law abiding fools. Far too many lives have been lost on both sides and I blame the soft bellied, law abiding, civilised West for that almost as much as I blame Putin. The lack of an immediate and decisive response and the continued policy of 'containment' is an open invitation for China to seize Taiwan and its global dependent electronics industries whenever it likes in the full knowledge that the West has already shown them their 'civilised' battle plans.

The Hague? Nah. Not if someone else gets him first. And that's the only law Putin understands.

[xxxxxy] 24/2/2024 08:06

Why court.Because it is the right thing to do.It is about law and Civilisation.

[xxxxxy] 24/2/2024 08:04

And Putin and his Gangsters must be handed over to the Hague court.And then lots of COMPENSATION.

[xxxxxy] 24/2/2024 08:03

Why the West must seize Russia's central bank assetsRussia committed a crime of aggression, it is right that their frozen funds pay for the defence and reconstruction of UkraineALICIA KEARNS... Daily Telegraph

[masergt] 23/2/2024 21:13

xxxxxy - #21572. "More to it...Putin has to be handed over to the Hague court for Murder and War Crimes."

Why? To prove we're more humane than he is? To see justice done? Ask the families of the innocent civilians he murdered, of the abducted children, of the owners of Ukrainian property and businesses that have been razed to the ground, of their life's work ripped from - ask them what they would like to see happen to Putin.

Why waste years proving black is black? Why continue to give him a platform under cushy house arrest while politicians feather their own nests, burnish reputations and lawyers make millions out of it? Do you want to see the diabolical spectacle of greasy gravy train lawyers actually arguing in favour of Putin's human rights?

His crimes are indisputable. His guilt unquestioned by all except his equally culpable cronies. What's sauce for the goose is sauce for the gander.

Repercussions? I doubt it. The Ceauscescu's summary trial and same day execution on charges of genocide shows that the righteous hand wringing and moves to appeal before their deaths by firing squad was soon forgotton. 'Justice' was seen to be done and done quickly. But even a high window would be too good and swift for Putin. More appropriate would be the opportunity for him to sample the delights of Novichok and telling him what you're doing as you spread it on his face or wherever. Setting him on an unstoppable path to a painful hell whilst giving him time to experience and reflect on the suffering he caused so many others might be seen as somewhat extreme but nothing could be more apposite.

[loganair] 23/2/2024 19:32

However, most importantly for many shareholders the CEO did say he would like to re-list on the LSE in the next 3 years.

[maxplus2] 23/2/2024 16:32

The net cash is then used for new development. Sadly no dividend

[jl5006] 23/2/2024 16:18

5xy
FGS
There are 2 sides to every coin - urs appears to be one sided.
Y do u persist in victimising one person. Try Biden and mates and have a go at goof Cameroon who instigates sanctions v prison hierarchy - result we cant catch our 40% from artic waters - cod & haddock prices rocket.
Dont forget Doris said to Z dont do a deal to stop the war .
Efforts at peacekeeping???? And the prats talk about Gaza!

[xxxxxy] 23/2/2024 13:22

More to it... Putin has to be handed over to the Hague court for Murder and War Crimes.And then there is the matter of Compensation.

[xxxxxy] 23/2/2024 13:21

A Home Office minister has said she wants to see Vladimir Putin removed from power, in a break with the Government's position.Laura Farris, the safeguarding minister, called for the Russian dictator to be replaced on the eve of the second anniversary of his illegal invasion of Ukraine.Speaking during an edition of Question Time, Ms Farris argued that while Britain could not determine Putin's future by itself, it should work with allies and ensure military victory for Ukraine in order to "ultimately" oust him from the Kremlin.... Daily Telegraph

[loganair] 22/2/2024 13:17

That's exactly what I posted would happen, the Russian buyer would take on the debt + paying $300mln cash.

[action] 22/2/2024 12:28

Poly is selling Russian unit for us 3.8 billion. But getting most in debt....

[xxxxxy] 21/2/2024 10:28

10:02AMBiden to announce 'major package' of Russian sanctionsWashington has confirmed it will unveil a "major sanctions package" against Russia later this week to hold Moscow "accountable" for the death of Alexei Navalny. "As the White House announced this morning at President Biden's direction, we will be announcing a major sanctions package on Friday to hold Russia accountable for Navalny's death in prison," a state department spokesman said.President Biden said last week that there is "no doubt" the death of the Russian opposition leader in an arctic penal colony was a "consequence of something that Putin and his thugs did." The White House announcement comes as the EU today approved its 13th package of sanctions against Russia that will see nearly 200 entities and individuals added to its list.  A foreign office minister said yesterday that the British government is "working at pace" on sanction options.. Daily Telegraph

[xxxxxy] 21/2/2024 10:25

Even rougher when Compensation bills come in.

[xxxxxy] 21/2/2024 10:24

Russia's GDP figures are a red herring. A labour shortage and capacity constraints have fueled overheating, pushing interest rates to 16pc, while what remains of the consumption economy atrophies. The liquid assets of the National Wealth Fund have fallen from 6.6pc to 2.7pc of GDP since the war began.IMF chief Kristalina Georgieva, who grew up under Communism in Bulgaria, said the deformed economy is looking ever more like the Soviet system, dysfunctional and brittle behind the façade. "I actually think that the Russian economy is in for very tough times," she said.... Daily Telegraph

[maxplus2] 21/2/2024 07:45

Why is the market taking recent news of Poly negative?

[loganair] 20/2/2024 16:39

Polymetal International will receive $300m in net post-tax cash proceeds from the transaction. The company’s board intends to utilise the funds to finance the Ertis POX development project to treat Kyzyl refractory concentrate as well as to enhance the company’s liquidity profile.

The transaction is expected to be completed by the end of next month.

On 16 February 2024, the US Department of the Treasury’s Office of Foreign Asset Control provided assurance to Polymetal, stating that it would not impose sanctions on non-US persons, including Polymetal, for participating in or facilitating the transaction.

[loganair] 19/2/2024 20:15

Analysts from Tinkoff Investments pointed out the deal's valuation at an EV/EBITDA multiple of 2.5 times, starkly contrasting with the historical average of around 8 times and current multiples of Russian peers.

The transaction is structured to include $1.48 billion in cash, bolstered by dividends from the Russian business and an additional $50 million, aligning with the company's compliance with all applicable sanctions. Payments are to be made in roubles, reflecting the transaction's adherence to the regulatory landscape.

Looking ahead, Polymetal International plans to channel a portion of the post-tax proceeds towards the development of the Ertis POX project in Kazakhstan, aiming to bolster its production capacity.



Nesis revealed ambitions to re-enter the London Stock Exchange, contingent on scaling the company's production to 1 million gold equivalent ounces over the next three years.