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BUYSELL IS A RUSSIAN.
IANW AND SIMONO ARE BOTH INVESTORS RELATIONS IN DISGUISE
POLYLONDON WAS SET UP ON TELEGRAM BY INVESTORS RELATIONS TO SOOTHE THIS SALE OVER THE LINE.
UK-BASED investors Polymetal shareholders have been royally shafted. BB was right all along fair play to him
The board want this sale not because the fear is Polymetal Russia will be nationalized it will never be.
They want this sale because they fear Polymetal Kazakhstan and the board, the directors will be sanctioned otherwise.
So it's either sell or be sanctioned simple.
What a pile of poo.
I hope the sale goes through. Already we can see an increase in demand on the AIX
Net after-tax cash proceeds from the Transaction receivable by the Polymetal Retained Group are expected to be US$300 million. It is the Board’s intention to use the proceeds to finance the Ertis POX development project and to improve the Company’s liquidity profile.
So, of course, NO divi from sale of Russian assets. Very disappointing.
Polymetal International plc announces today that it has entered into contracts for the divestment of its Russian business for an effective total consideration of approximately US$3.69 billion. Completion of the Transaction is subject to a number of conditions, including shareholder approval. Full details on the company's website.
The #houseofcards definitely imploded in Avdiivka 🤣🤣🤣🤣.
Just like when they said Putin had Cancer ... Turns out it was Lloyd Austin. 🤣🤣🤣. The undercover patient.
He was away for a week and didn't bother telling Biden cos he knew Old Joe wouldn't notice 🤣🤣🤣🤣
bsr russia haven’t lost any lives, military ****nal, genuine political opposition, yada yada yada the list goes on , not long now till it all implodes
# houseofcards
Russian precious metals group Polymetal International PLC sold its 80% interest in the polymetallic Saum deposit in western Siberia but kept the rights to 100% of its ore off-take, which will feed the concentrator at Polymetal's nearby Voro project.
The deposit in Sverdlovsk Oblast was too small for Russia's second-largest gold producer to develop, Interfax reported and the company confirmed to S&P Global Market Intelligence without specifying the value of the transaction.
The stake in the project's operator, Saum Mining Co. LLC, was bought by Novella, a farming company that belongs to an Ulyanovsk businessperson, according to Interfax.
Polymetal retained the option to buy the asset back at a fixed price, a company spokesperson told Market Intelligence.
The mining group acquired an 80% interest in the deposit at the end of 2016 for US$10.7 million of shares and bought the remaining 20% for US$7 million in shares in 2018 following a "successful exploration drilling campaign,
Reality interrupts again. Zelensky and Biden has gambled Ukraine lives in Avdiivka, just like bakhmut and then they lose and withdraw to the next position to create more orphans and widows.
Chip chip chip.
How is that counter offensive going , I wonder.
Something about reality, getting in the way of fantasies I hear.
Chique I think the group is solely run for the benefit of the board.
You can question who the administrator is. Really is.
The narrative is firmly and foremost "the Russian assets are worth nothing so expect nothing so cut ties and sell up if you disagree^ Oh yeh we will still be processing ore in Russian territory. Contradiction at its best.
"This forum is run by volunteers for free. Evgeny chooses to frequent this forum, giving his time (which he really doesn’t have to!) and allowing unprecedented access and communication with director level within the company. Please treat all concerned with the respect they deserve"
What a pillock, as far as I am aware you can still email Evgeny without the simon o says restrictions on what can and cannot be said.
Will do Sally.
💐
Todays news, tomorrow’s chip paper tiny 😂😂😂
Live your real life not pretend life buddy 🤡
"Does that really surprise me or any of the other mugs here who were still clinging on for the imaginary divi 😂 what a load of losers"
Gents, imagine if your woman spoke like this 😭
It's made everything absolutely hilarious and at the same time taken the little bite completely out of her.
I have a daughter, wife and mother, so I love women and get it..
It became known that the Polymetal company stole millions using a cunning scheme
One of the leading producers of gold and silver in Russia, Polymetal, which mines minerals in the Urals, did not pay millions of rubles to the Federal Tax Service. The leaders of the enterprise came up with a cunning scheme with which they deceived the state and did not pay huge sums of money to the treasury. A full investigation on this topic was carried out by the editors of the Business Journal portal .
Saum Mining Company is part of the Polymetal group and has been mining metals in the Sverdlovsk region for more than 20 years. However, in 2022, claims were brought against the company by the tax service, and the company was unable to evade responsibility. We are talking about underpayment of taxes on mineral extraction in the periods from March to April and from May to June 2022.
The Federal Law “On Precious Metals and Precious Stones” clearly sets out the nuances with setting prices for minerals and jewelry. The Central Bank of Russia regulates the price of ore containing gold and silver, based on the prices of the London Metal Exchange.
However, SGK set prices independently - based on its own benefit. Moreover, the company did not inflate prices, but significantly underestimated them. This was done in order to reduce the level of the tax base. Anton Naumenko, partner of the Ural Ecological and Economic Bureau, spoke about this.
At the time the illegal scheme was in effect, the market value of a gram of gold was 4,346.34 rubles, while the buyer received it at a price of 2.59 to 3.16 rubles per gram. The same situation was with silver, which was sold at prices ranging from 59 kopecks to one ruble instead of the required 54 rubles per gram.
As a result of similar fraud in 2022, the Federal State Statistics Service reported that the Saum Mining Company suffered a large a loss of 242 million rubles, while in fact the net revenue of the enterprise was huge and increased by 530 million rubles compared to 2021.
The company has not yet published financial statements for 2023, many believe that the loss figures may be even worse than before. Meanwhile, the trials on this incident are still ongoing and the Saum Mining Company has already lost two cases.
Court decisions strengthen the position of the tax authorities, confirming the validity of the department's interest in this group of companies. Most likely, now all assets of the enterprise will be under the close control of the Federal Tax Service.
Does that really surprise me or any of the other mugs here who were still clinging on for the imaginary divi 😂 what a load of losers
The Company's affiliated Simon the great O who administrative duties are free yeh know. Yes free he is not a paid employee like the Investors Relations employees what a shocker. Now remember Poly London Telegram Group is a charitable run group and Investors Relations are not about helping retail investors oh no. They drop in here for the good of the people. They could be elsewhere helping investors yeh know.
What a prize plonker this guy is. His latest soap box sermon today.
This forum is run by volunteers for free. Evgeny chooses to frequent this forum, giving his time (which he really doesn’t have to!) and allowing unprecedented access and communication with director level within the company. Please treat all concerned with the respect they deserve
Pointless arguing with an old lady, to be honest I find it pretty darned funny now. Let's hope we all make loads of money and even you too dear.
Atb
It's OK darling, I get all the meltdowns and tears tantrums you've shed, and all the 💋 😘 💋 and the "ill call the police" etc etc. And you know what everything's going to be ok misshunter.
:)
Is anyone really bothered what you post sweetie, “ I post therefore I exist “ come on keep repeating after me tiny 😉
Razza learn from the lesson below buddy, shows Russia are really winning 😂😂😂
#houseofcards
https://www.reuters.com/world/europe/putin-urges-russians-have-more-kids-says-ethnic-survival-stake-2024-02-15/
Posted my novice earlier on solg
Turns out it's actually a she and explains all the 💋 posts
Today 16:11
"Yep we're fooked here, thankfully my portfolio is varied and am expecting better things in my other large holding... she says hopefully"
Very very surprised!
Solg looking like a massive disaster for the investors in there for years. Feel bad for them
Dream on Razza you 🤡🤡🤡
Oh dear you all may recall my advice to skint nearly 2 years ago to sell solg at 37p he didn't listen and look at the price today.
Lovely jubbly
Pandomonia and Bigblue.
They waffled on for month. Shouting down and being aggressive with anyone who highlights truth and fact.
Sharing their deluded NATO warpig waffle. Shouting into the abyss.
Now, as Ukraine lies defeated and smouldering. Russia entrenched and safely behind its new iron curtain in its new lands... those two clowns just disappeared.
No denial. No excuse. and definitely no apology.
It ended just like we knew it would all along. For Ukraine and those two big mouth clowns.
Let this be a lesson to the watchers.