Member Info for big-blue

"messaged on Linkedin...must admit I was surprised also but there you are"

Links

Russian firms suspended from the LSE
EN+
Novolipetsk Steel
Gazprom
Gazprom Neft
Lukoil
Norilsk Nickel
Taftneft
Polyus
Severstal
Rosneft
Sberbank
VK
Ros Agro
Surgutneftegas
TCS Group
Rosseti
PhosAgro
RusHydro
Magnitogorsk Iron and Steel Works
Novatek
Fix Price Group
Global Ports Investment
Globaltrans Investment
HMS Hydraulic Machines & Systems Group
Lenta International
Medical Group
X5 Retail
VTB

Polymetal is not on the list.

Links! We want to see the policy statement. It is a pretty big thing to block trades arbitrary when the company is not subject to sanctions.

So you picked up the phone and called your old bud Evgeny Petrov in HK and he casually gave you highly sensitive market information on auditor appointment for Polymetal?

Would you be offended if I was a tad skeptical?

14:00 pre US market coming. Hoping for some increase in volume to market close.

iWeb trads poly, in fact they all do! I yo now otherwise then post the T&C link stating trades are not accepted and especially why only sells are allowed.

Spookers are out again.

"Response to media speculation

The Company notes recent speculation in the media about potential change in the corporate structure of the Group. Polymetal is evaluating various options that could maximise shareholder value. Such options, among others, include potential modification of asset holding structure which would ensure distinct ownership in various jurisdictions in which the Company operates. Early stage deliberations are ongoing and accordingly, there can be no certainty as to the outcome. A further announcement will be made as and when appropriate."

Yes, aware of this which is over two weeks old now. It was a contingency arrangement in case sanctions hit poly directly. But the fifth round of sanctions has been implemented and there is no sign mining or gold is on the table as possible options except from Truss. As with oil and gas, cutting off all banks and all commodities is likely to hurt the west more and there is a definite consensus that there are only days left ready for the May 9th. This is openly acknowledged within Russia and mentioned by Russian talking heads in interviews. Meanwhile the actions by Russia against companies is focused on companies taking action impacting on Russians, which poly is not engaged in.

So why is the issue being pushed forward on the bb?

To spook!

Contingency planning for what i scenarios. Fine. Show me the development of the scenarios in the real world. The zero covid policy scenario in China trumps any other potential issue facing poly at the moment. Why is that one not raised?

Oh I get it, penny has just dropped! People keep posting that their broker won't sell them any shares. It is a spook to fool people into thinking there is a delisting - a nudge to panic sell.

If that were the case, why are the A trades by the bots merrily rolling on? If there was any chance this was being suspended the bots would vanish at least hours in advance if not days!

4 what? p or £

Why split the company? It is a non issue. I'm not sure the point of such a hypothetical question. What circumstances are being proposed for that? Am I missing a load of RNSs or something?

There is a weak but coordinated deamp in progress. The same passage repeated ad infinitum as if it means anything. Would any of these posters care to explain how exactly this rumoured [speculation] law would actually work and who could it be enforce? I can't figure it out.

265, you were 6 mins out, I was 12 out with upper 240s so you maywearthe crown now.

Lack of HGV is hardly a distant memory and there are a lot of empty forecourts around with no fuel. It might be gone from the headlines as cake ambushes are given equivalent status to people trafficking across the channel but the situation is as bad as before wit covid sick leave and war disruption. And it is likely to get worse up to the summer.

https://www.pravda.com.ua/eng/news/2022/04/14/7339479/

This is why Harpoon missiles and a new theatre in the Black sea is to be noted.

I don't 'feel' it sharebel, it isn't making my old bones ring, lol. I think the volume is too low and trades too infrequent. It is very quiet out there I think the afternoon session after 14:00 will liven up and we might see your prediction tested. You may yet, own the day!

It's like saying if you decide to boycott a business that has been placed on a sanction list, you can be regarded as supporting the boycott. So Russia is rumoured to try and find a way of removing tat form of anti-war expression. How that would work in reality is a difficult one. Would you have to create new business so as not seen to be boycotting? The complication is to do with being able to pay due loans to sanctioned banks from outside Russia. I take it POG doesn't have sufficient resources inside Russia to met payments, it has been caught out trying to bank outside Russia.

Don't see how that would affect Poly as it seems to have internal banking and external banking arrangements. It can sell gold internally to raise the rubouls anyway so not sure why the fuss.

The Board (the “Board”) of Petropavlovsk PLC (“Petropavlovsk” or the “Company” and, together with its
subsidiaries, the “Group”) wishes to provide a further update in relation to the implications for the Group
of the inclusion of Gazprombank (“GPB”) on the UK Sanctions List and the designation of GPB for the
purposes of an asset freeze under the Russia (Sanctions) (EU Exit) Regulations 2019 (the “Regulations”).
In addition to the Regulations, the Company is aware of reports of proposed Russian legislation to make
it a criminal offence for persons or entities in Russia to refuse to deal with counterparties on the grounds
of the Regulations. If such legislation is enacted, the Board may not be able to ensure that its subsidiaries
will comply with the Regulations in Russia.

Remember the sanctions are aimed at businesses that fund the war for Putin. It is small fry compared to EU funds for gas and oil.

What is the 'today's' news that is supposed to be so freaky? Hitting the Russian war ship?