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Some of us are in profit in gst and novice sold his gst shares at .5p its in his posting history. And the skint clown was buying them above 2 pence according to posting history and some were for £200 - plus his average in solg is 10p according to posting history. So since he starting posting on the poly board this skint clown got even poorer.
Perfect.
😉
Gst
Zelensky fires security chief
The head of the Ukrainian National Security and Defense Council (SNBO), Aleksey Danilov, has been relieved of his dutie
#burningfromtheinside...but who is burning? 😂
Oh dear what a 🤡
Putin pins Moscow massacre on 'radical Islamists' but accuses Ukraine too https://www.bbc.co.uk/news/world-europe-68663043
The veneer is starting to peel off
#burningfromtheinside
Oh right BSR so yesterday the man was a feckless clown who doesn’t have a clue today it suits your narrative so you post … 🤷♂️ go figure
#burningfromtheinside 😂😂😂
Https://www.hindustantimes.com/videos/world-news/macron-warns-of-ukraines-quick-fall-at-russian-hands-nato-has-this-advice-for-zelensky-101711101968440.html
Macron thinks Ukraine will soon fall.
Strange how no one in the Western press picked it up.
Very strange. The Entire Western Pressed miss it.
Could only find it in the Arab and Indian Press.
#Realityinterrupts
I can't believe Big-blue actually popped his clogs.
In a way it was a fitting end for the troll.
Couldn’t agree more BSR the guy is an absolute 🤡
#houseofcards is burning from the inside 😉
On 14th March 2024. Macron : France will send troops into Ukraine. BUT we will not lead.
On Friday 15 March 2024. Kirby: Send troops if you want, but the US will not be sending troops.
On Saturday 16 March 2024. BSR: (rolling on the floor in laughter). So who is going to lead the French troops into Ukraine?
Conclusion: The USA just reminded Macron he is a court jester and not a policymaker. Remember Aukus deal which made France look stupid, and now again France has been left out to dry.
All the while Macron cries on TV- "I am the president, I decide"x 10. Till music fades.🤡🤡🤡🤡
@E.Pensfold...yes you are a bit out and I should have spotted that when I responded to your earlier post on earnings in 2024.
You used single AISC guidance figure provided by POLY. This figure was an average incorporating both the costs in Russia and Kaz. Cost of producing gold in Kaz is much lower than in Russia, but I have not seen POLY provide separate AISC figure for Kaz. Further point to note for 2024 is the inflation in Kaz which currently is running at about 9% and the US$ to Tenge exchange rate is holding at about 450 to US$. If the exchange rate holds in 2024 (like it did throughout 2023), the inflation will eat into the profits leaving POLY with lower earnings.
So tough such dark days ahead … I’m struggling to cope …if only we had fair and open elections in the uk as they do in Russia
#houseofcards is burning from the inside 😂😂😂
Like I said...over optimism leads to disappointment.
But if you need the copium and hopium to see you through the days ahead. Then by all means go ahead.
#RealityalwaysInterrupts
Sorry I am miles off. I calculated EBITDA for poly.k here but it doesn't seem to relate in any useful way to earnings and EPS in today's financial results.
Current EBITDA of $439m for 2023 is healthier than my estimate for 2024.
Would really like to know how to estimate earnings from that.
No divi proposal is disappointing, a token divi would have gone down well. IMO POLY would have paid the divi but the shareholder register is currently all over the place, and its difficult to see this corrected without POLY relisting back on the LSE.
Results are published.... NO DIVIDEND.....but now that PolyR has been sold, the Board will actively reconsider the dividend policy and intends to share an update in May!
Only a fool would not be able to see what is happening to putin and Russia bsr
The real reality is finally coming home 😉🤷♂️
#houseofcards
"Will they declare divi?"
I hope so; only obstacle I can see is that so many holders have still not properly registered their holdings after POLY redomiciled to Kaz. IMO these holders may be giving POLY an excuse not to pay divis.
Polymetal will release the Group’s FY 2023 preliminary financial results on Friday, March 15 (11.00 London Time).
Will they declare divi?
It looks like the share price is holding up even under Blackrock selling pressure. I wonder who is buying?
Again JohnNth and his over optimism "analysis". Polymetal is still dependent on the POX in Russia.
Until a new Pox is built, there is still a Russia risk element.
Has the sale of Poly R significantly de-risked the business -YES. But a risk still remains. Mr Nesis said it himself Processed gold was held up at Russian ports for no good reason, so all the gold can at anytime be effectively seized by russia in the name of paperwork etc.
Don't pop the champagne just yet.
Both Rus/UKR war and Whether good/bad deal is now behind us; POLY has been de-risked with net cash position of at least $130m. I personally think it's bit more than this in view of gold price and hence POLY can afford to pay all of it in divis.
Up to now, Russian business weighed heavily on sp which did not react to factors such as rise in price of gold or the exchange rates. Discount in sp will persist whilst POLY remains solely listed in Kaz, but I expect it to rise to narrow the difference in relation to its peers in the West in the coming weeks and months.
Fingers x'd........
Polymetal International has announced today that divestment of Polymetal Group’s Russian business by way of disposal of 100 per cent of the JSC Polymetal share capital to JSC Mangazeya Plus has completed.
With the transaction closed and major risks eliminated, Polymetal plans to present their new strategy and capital allocation policy in May.
@E.Penfold...good ballpark figure to work with; bit conservative imo, both average price ($2,050 YTD average) and production will be a tad higher, taking EPS to just over $1.00 which puts current sp at under 4x forward earnings multiple. Of course, we are excluding including any income from Russia.
Fingers x'd........
Good morning,
Quite a few "ifs", "buts" and "maybes" here but....
IF;
Gold price average of $2100 USD / oz in 2024
AISC of $1300 USD / oz in 2024
GP of $800 USD / oz in 2024
475 koz production in Poly.K in 2024
Earnings of $380 m
475m shares in issue
EPS = $0.8 USD
Interested in what others think.
No you are not occupying my brain. I long predicted $2,100 oz by year end and $2,300 by end 2024. Only delays in interest rate cycle prolonged that to Feb 2024. Further, I don't think wars are weighing heavily on gold either as they are contained; but general geopolitics and de-dollarisation is and this will continue for a good few years. Of course, the most important immediately is the trends in interest rates.
Also, just so you know, if you read my early posts from last year, I have mentioned separate listing for POLY Rus and POLY Kaz and holders be issued shares in both. I still think this was worth exploiting even though significant risk attached to POLY Rus including nationalisation. As it turns out, risk would have been 70 cents, cos that is what we're getting net from sale of Russian assets.
Anyway, all that is behind us and soon we'll not be talking about Russia/Ukraine war either on this board as it is no longer relevant.