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Sounds like BSR has or is losing the plot 🤡
Couldn’t happen to a nicer person 😂😂😂
All their hard earned gone in a flash
#houseofcards
This is presently my view on what’s happening or could be happening. (These views might be 100% wrong, they are just my views). I have up to now felt positive about the stock, I still mostly do, it’s just that I don’t like secrets or broken promises.
Overall I think that there is accumulation occurring, probably by the large holders, they have the vision, money and longer term timescales to ride out the present waves. They want big positions in a world class company and/or wish to average down their price for the expected gradual increase.
My reasoning’s for this.
Why were the details of the Nesis share deal not disclosed?
Maybe because it was lower than the market price? But that would drive the price lower still allowing more shares to be picked up more cheaply (though they could have done it to be nice to the common).
I think it was because the deal price was higher and they wanted to buy more shares on the market with no bump up in price caused by their initial purchase price.
Why no dividend?
A dividend would tend to push the price upward, it would be a signal (in a way) of a return to normal) that's not good if you don’t need the divi and hope to increase your position cheaply.
I would not be surprised if the intention is for the big holders to take this company private, (or for it to be closely held).
All of this is conjecture, but after all, what's a share chat forum for?
GLASH
I told you Food has lost his mind.
Sell sell sell you moaners sell.
Why are you still here?
Did you borrow money and exorbitant interest rates to invest in Polymetal? And now the maths is not working out?
The uncontrolled rage 🤣🤣🤣🤣.
Just sell up and get a second job.🤡
I can't remember that, but as you're the clever one, I'll defer to your mental prowess.
So as you've said nothing to the contrary I will assume that you agree with the £7.6 approximate valuation. (Whatever the number it's always good to have other opinions in my view). Others can make their own minds up as to the reasonableness of that offer in the present circumstances.
My personal view is not really relevant as I’m in at a substantially lower price than it is now, so my motivations, concerns and timescales may differ to others.
As allways..
GLASH.
You thought Alexander Nesis who doldrums his shares was his brother Vitaly Nesis. Your lying its in your post history lol.
"You thought A Nesis was V NESIS . There are 473 million shares in issue. The rest are in treasury waiting to be extinguished. For God sake research the company"
Not sure who you are being such an ass to, (I never though A was V) but that's your way. Re the different number of shares, I just added the 47M non voting shares on to the already totaled number. Silly me!
Taking that into account the 8.7% difference ups the price to nearer £7.60
more bull****
intragroup debt of $1.151b arose from the debt pushdown from the topco (holding company level) to subsidiary level (poly r). as of today poly intl owes poly r the said amount, while poly r owes the external creditors $2.2b. for the avoidance of doubt: it’s not on top of $2.2b, it’s part of $2.2b. the reason why igd isn’t reported is because ifrs uses consolidation basis for reporting. it only records the aggregate number of external liabilities, which is ~$2.4b (~2.2b in ru and ~0.2b in kz) in our case. if we were to publish standalone kz business accounts – only then igd would have been visible. on consolidated basis we reported $170m of debt to external parties, because that’s how much poly k owed and still owes to the creditors. poly k and poly r were never split in the accounting sense, because there’s no basis for it. assets are still under one roof: poly int. following the designation in may 23 we continued to report consolidated numbers, because that’s what ifrs requires. we added some of the reporting lines for kz and ru for the benefit of investors to see what the country breakdown is along different lines of the i/s and b/s but the basis for reporting remained consolidated.
while i understand that stated $3.7b ev of poly r is confusing, if seen from the pov of the seller (not the buyer) the igd of poly k to poly r is real, and must be extinguished. that’s why the buyer will upstream $1.479b from poly r to poly k, with poly k returning $1.151b to settle igd to poly r and keeping the balance as cash proceeds from the sale. the difference in numbers is tax.
Sell up sell up moaners.
Sell up and go have a lie down.
🤣🤣
IanW from POLYLONDON telegram group latest Hitler rant.
He's definitely Investors Relations under disguise the pillock. What a plonker.
OK, so I have just caught up with the antics of today's posts and whilst I expected there to be plenty of "opinion" I am dismayed by the amount of utter rubbish that has been written on this board today. Unqualified opinion, no evidence to back up statements, assumptions galore and even misinformation which only has the effect of confusing people and destabilising their own convictions. If this continues I shall start banning people. We do not need it here, we have never accepted it here, and I for one will not accept it. So those of you who may like to stir things up with inflammatory, ill-researched and highly opinionated non-factual posts you have been warned. I am truly sorry for the heavy handed approach but I feel it is necessary to bring us all back down to earth, calm things down a little and back to the facts and reality of our position. Thank you for your time and for complying with the rules of the board. .
Who ate you.
You thought A Nesis was V NESIS . There are 473 million shares in issue. The rest are in treasury waiting to be extinguished. For God sake research the company
So, according to my figures..
The debt expunged was $3.4 BILLION, and the total value of the deal was about US$3.7 billion. I’m not saying that was good or bad.
I make that about $6 per share (560,000,000 + shares issued) and taking into account the Kaz holding being 50% of the Ru one this makes the combined total nearer $9 (£7) per share. (Unless I am mistaken).
Does that seem about right? (Please confirm one way or the other).
Is this a good deal considering the present situation and what has happened to other Ru companies?
GLASH.
Dry my eyes? Maybe from laughing too hard.
How many times have I said that people are invested in a business they know nothing about?
I Said They were in over their heads.
I am still in the black and happy.
Hurry and Sell up moaners!!!!
JohnNth - what's your take on this news?
😥😥😥
Dry your eyes BSR
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.
💐