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User84
FYI
"https://www.youtube.com/watch?v=9-q2PWkZKIA&list=PLDIVi-vBsOExDwCvqcjMvaaKPHw-e_3XA&index=5"
PolyM
Can you tell us if you have had a chance to try what polymetal IR advised? If so, did it work? I'm sure many here would find that helpful.
Thanks from us all.
GLASH.
You may or may not know that the US is self-supporting in oil. Some grades are exported and some imported due to the different types. Overall they are self-sufficient. It’s thought that the U.S. has been using this to keep world prices down. OPEC does not like this.
Is it significant that the vote was in favor of a dividend?
Trump Presidency*
I suspect this CMD was designed to crush retail shareholders.
Why will institutions (anyone really) invest in a company now when the company has no desire to pay dividends in the next 4-5years? Unless I suspect a quiet word has been had with the bug institutions.
Since the war started in 2022 and the retail holders flooded in which was not expected there has been attempts to frustrate us out of the company.
Why will an Oman investment body invest in a company that is not paying any dividends? Why not just put the money in an interest bearing account?
Well we are were we are.
I think the options we have are simple:
1. Wait till 2029 for Divis (knowing Nesis he might move the goal post again)
2. Sell up and go (hopefully you are not under water)
3. Cross your fingers and pray for a Trip Presidency OR Europe breaking away from US and normalising relations with Russia.
Don't get me wrong Sanctions have made things very difficult for SolidCore however I believe a dividend is payable now.
Why: because we have ALMOST divested from Russia and should be debt free especially with recent highs in the price of gold.
I believe Mr Nesis is talking advantage of the crisis to rid himself of the "retail pests".
Saudi Arabia did not renew the 50 year petrodollar agreement with the USA. It ended two days ago.
No wonder BigBlue and Pando dont post anymore. Every point they made was wrong.
Welcome to SolidCore guys.
A new survey by the Institute for Global Affairs, part of the American political risk consultancy Eurasia Group, found the overwhelming majority of Western public opinion is in favour of ending the war in Ukraine through negotiations.
https://www.intellinews.com/the-western-public-want-the-war-in-ukraine-to-end-but-downplay-russia-s-role-in-the-wwii-victory-polls-find-328909/?source=russia&utm_source=Newsletter&utm_medium=Email&utm_campaign=Edpicks&_eid=a421b628ef4f0b9e9025fd837e8bbb8f
***Read for yourselves***
People are tired of the forever wars of America.
People are tired of the rising cost of living due to the rising cost of energy.
People are just tired of the lies and gaslighting.
They want negotiations and that means Ukraine will have to concede territory.
We all knew this 2 years ago.
So when trump said he ends this war in 24 hours - he is more in tune with the public.
#RealityInterrupts.
America is using Ukrainians to fight Russia so they can get their hands on Ukraine's minerals worth trillions of dollars.
Now it makes sense why BlackRock is signing deals with Zelensky for reconstruction.
Oh and the Ukrainians dying in the process ? Oh they don't matter as long as we get the critical minerals.
Listen to Lindsey Graham let it all out.
https://x.com/GabeZZOZZ/status/1799887947363393859?t=BmRR2rA9cxaLJCkej09Dmw&s=19
Https://x.com/GabeZZOZZ/status/1799887947363393859?t=BmRR2rA9cxaLJCkej09Dmw&s=19
America is using Ukrainians to fight Russia
PolyM.
I once had my poly shares in an ISA, but as many here found, they had to be removed, (some were lucky enough to have theirs still in their ISA's I am not). So I have registered mine on Taby's. Are you (and others) saying that even though you have tried what's been suggested below by Mr Monakhov,
"The one difference we can spot is where the shares are held by UK brokers in SIPPs/ISAs, and where according to feedback we receive from some investors, voting is hindered by lack of preparation and cooperation by the UK platforms holding the shares. We are engaged with those UK platforms that are holding up the information about the voting or not cooperating in passing through the votes. In those cases we urge the shareholders to download proxy forms from our website https://www.polymetalinternational.com/en/investors-and-media/shareholder-centre/general-meetings/ and send them to AIX Registrar (registrar@aix.kz) with a copy to ir inbox, indicating through what broker/custodian your position is held. We and the Registrar will do our best to make sure that the vote is counted."
That it is still not possible to take part on company votes?
If that is the case, have people sent communications to him to that effect? What were the results ?
I'm sure many here would like to know.
Thanks.
GLASH.
They are trying to play the long game, capital destruction of retail money. AIX so suppressed sp no chance of capital appreciation. No dividends no income. Bulking up so an excuse to do nothing. They the board CEO have said thongs which are not truthful. Best thing to do is if you hold shares hold them do not sell so these charlatans, this company can take them for cents in the dollar and then let the companies mkt cap appreciate. Just hold onto your shares and let this board carry on their relentless destruction of once a fine mining company. A CEO that'lies...
Polymetal is no longer a public company. Majority of shareholders cannot vote.
45 million on the Moex cannot vote
Hargreaves and Lansdown cannot vote
AJ Bell cannot vote
Nesis stated retail don't vote he was right he's made it that way.
Nesis and the Majority shareholder will force what they want through.
It's shambolic Return the whole shareholders register to an exchange where all can vote, it's liquid and Return a percentage of free cash flow to shareholders
Bulking up is just bulll sh11tting shareholders again lie after lie after lie.
"Dear XXXX, good afternoon, a sunny one in London for a change.
The way the shareholders hold their shares and participate in corporate actions has not materially changed. On AIX, like on LSE, a shareholder might hold his shares
1 directly in the register, i.e. foregoing any intermediation, with every shareholder’s name showing in the register
2 through a broker/nominee, where shareholder’s shares are held on his behalf by a broker/custodian.
The one difference we can spot is where the shares are held by UK brokers in SIPPs/ISAs, and where according to feedback we receive from some investors, voting is hindered by lack of preparation and cooperation by the UK platforms holding the shares. We are engaged with those UK platforms that are holding up the information about the voting or not cooperating in passing through the votes. In those cases we urge the shareholders to download proxy forms from our website https://www.polymetalinternational.com/en/investors-and-media/shareholder-centre/general-meetings/ and send them to AIX Registrar (registrar@aix.kz) with a copy to ir inbox, indicating through what broker/custodian your position is held. We and the Registrar will do our best to make sure that the vote is counted.
In the first 2 cases you can exercise your vote by either contacting Registrar by Tabys app or through your personal account on AIXR. In the second case, your broker should provide you with the vote agenda and proxy form. In case your broker has not done so, please send us a message and we will make sure the broker does its job or download the copy of a proxy form, fill it out and send it to the broker cc’ing Registrar as well.
Please let me know if you have any further questions.
Sincerely,
Evgeny Monakhov, CFA
Head of Investor Relations
Polymetal International"
I must say that Mr Monakhov is very responsive and helpful in my view, so I can only suggest that if anyone has questions do reach out and send him your questions.
GLASH
Sent this morning (well OK at 12:00)...
"Dear Evgeny.
I do hope that this email finds you and the B.O.D well.
Thank you very much for your prompt and full reply. It is my understanding that many Polymetal shareholders now hold their shares via nominee or blind accounts, it is also my understanding that this precludes or makes it difficult for the shareholders to vote as and when required.
I believe that it is the company managements continued aim and policy, as it has always been to enact the wishes of shareholders in the most representative ways possible. To that end do you and the company see any ways that this situation can be accounted for when votes are required?
I am sure that many shareholders have robust and informed views that they would be most happy to see voiced.
As with all of our communications I will post this on the “London South East POLY.L Share Chat (POLY)” notice board."
My best wishes to you all."
US warms dual citizens with Ukrainian passports to "shelter in place" ie. Don't leave your house or you will get drafted.
I hear a few saying Oh Russian propaganda....but don't worry.
Here is the link from the US embassy. Unless of course you believe that the US embassy in Ukraine is spewing Russian propaganda.
https://ua.usembassy.gov/message-for-u-s-citizens-elimination-of-residence-abroad-exception-to-dual-citizen-departure/
🤣🤣.
So what does that tell you Ukrainians with US residency used to be exempt NOT ANY MORE. If that does not tell you how desperate they are for bodies to feed the meat grinder then I do not know what else will.
I thought the US should be encouraging these guys to fight. After all they are allies right?
Well the old saying comes to mind "actions NOT words".
I remember mentioning months ago when John Simpson raised the point on his show about the lack of men on the streets of Ukraine. Well it has gotten worse since then.
#RealityInterrupts ... it always does.
🤣🤣🤣
Don't you just love it when a group of irrelevant people all agree with themselves about the direction a company should take and what it should. These experienced business tycoons meanwhile have never even ran a bath water never mind a company.
Let's not even talk about navigating a listed company through political turmoil.
#clownseason.
At least JohnNth had the decency not to show his face again.
#RealityInterrupts
"Further to previous messages. If 100 shareholders request an item to be voted on it is in the constitution to have the vote. "
That statement if true, will refer to Registered Share Holders.
The vast majority of investors hold their shares in a Nominee account through a broker such as AJ Bell, Barclays, Interactive Investor etc, and it is the broker who is the Registered Share Holder, not you. You are merely the Beneficial Shareholder.
Good luck with asking your broker to forward a motion to be voted on at a GM.
E Pen.
First let me say thank you for taking the initiative and proposing these things. Can I be awkward for a moment though.
Where subjective terms are used by the company, such as to “Bulk up” or “earliest Q1 2026” I would say that they are open ended statements and of little meaning.
What is their definition of bulking up? Is it 20% , 90% (or other) growth, and is that in profit, turnover, production or what? (continuing to invest in a new POX unit will seriously impact on profits, even if production were to shoot up). Likewise, the Q1 2026 timeframe, why? if the “bulking up” target were previously met? Having two, both, subjective moveable targets, states nothing in my view, (unless I’ve missed something).
Assuming that re-joining the LSE will take some time, is that to be set in motion before these targets are met so as to correspond to their being met? Or is that “meeting of the target” then the get go for application, such that re-joining then takes another “X” months? These things may seem small, but I’d say they could easily add appreciable time to any LSE listing.
GLASH.
Hello,
Further to previous messages. If 100 shareholders request an item to be voted on it is in the constitution to have the vote.
A fellow shareholder has suggested the following:
AGM or EGM vote question:
"Do you support the company re-listing on the LSE as soon possible (earliest being Q1 2026, and the bulking up can be done in parallel OR do you want the company to bulk up first and then re-list on the LSE"
Again send to:
ir@polymetalinternational.com
Is anyone here on the Telegram group ? Please share.
It was obviously a stupid thing to ask Polymetal/Solidcore to register your shares for you.
When they had produced guidance on how to do so and people have shared their experience on the various telegram groups.
But of course stupidity is king on this boards.
Another one in over his head.
#RealityInterrupts
E Pen.
I sent my email at 09:24 and at 11:00 this is the reply I received.
"Thank you for your email and your views, which we will pass on to the Directors/management.
On registration of your shares – have you looked at our redomiciliation page on the website? It is paramount that shareholders move their shares across to AIX if they wish to be counted as shareholders and enjoy the full set of rights.
More information re this can be found here: https://www.polymetalinternational.com/en/re-domiciliation-agm/
Evgeny Monakhov, CFA
Head of Investor Relations
Polymetal International
Tel: +44 20 78871475
Mob: +44 7415 747373
Email: monakhov@polymetalinternational.co.uk
Web: https://www.polymetalinternational.com/en/investors-and-media/"
I would say thats a very quick reply. I will look into what was said. Thanks E.Pen for a great idea.
Please post this on the telegram group if anyone here is using it.