Member Info for big-blue

Finland is classed as an enemy of Russia now? Wow, what did the Finns do that turned them into an enemy?

I am no investment expert and therefore expect your answers explaining your postulation that the closure of cyprus bank accounts has no impact on POLY or its people because you say it is a simple matter of opening a business bank account elsewhere and just transferring funds, which somehow involves CREST and Euroclear. Explain this plain simple system, where it is and why sanctions will not affect it so that POLY can use it to pay out dividends avoiding the sanctions. You are the one who said these magic bank accounts exist. Not me. Now explain where they are and how they operate.

Otherwise the loss of access to banking facilities where the company is physically based must involve some level of disruption even if it is only limited to not being able to pay the milkman. However, I expect there are much more important accounts for the company, holding companies, investment accounts, key personnel and the likes who will be significantly impacted. Yet, nothing out of POLY saying POLY is unaffected. Why?

What the hell has CREST got to do with bank accounts in Cyprus? And if it is so easy to set up business bank accounts and transfer money for POLY, why have they not circumvented Euroclear and paid out dividends through the these magic bank accounts?

But you keep posting the same quip without any explanation or qualification showing you have no basis or, more like, any understanding how the system works or the fact there is not indeed a simple alternative bank account facility that YOU tried to claim existed. Explain it, how it works and how POLY is supposed to use it. Go on. You think you are so clever. Explain it.

Always abusive and attacking the person in response to being called out. It tells us all how aware you are at the weakness of your own argument. You can't escape the real world inside the fantasy dome of Russian propaganda. The whole sh.it show narrative is falling apart and all those who initially fell for the NATO war and nazis lies are now well briefed and backing off, one step at a time. Post war with the propaganda lid removed you are going to find yourselves as isolated as N Korea. In fact, prepare for even being excluded from BRICS agreements as your economy collapses and you have to hand over significant rights to resources to just keep the cabbages being delivered from China.

The slow, reluctant and limited support over last year especially from American rather shows the exact opposite to Ukraine being forced to extend a conflict with Russia by external forces. Nothing in the level of support indicates such a thing. Indeed, it is quite the opposite. Belatedly Ukraine has been provided better weapons, but in a very limited supply. The principle throughout has been Ukraine's choice on how it resolves the invasion. Ukraine chose to stand and fight and the rest of the rules based world has been effectively dragged along with that, some a bit more vocal in support than others. Some, like the US republicans, bordering on almost abandoning Ukraine altogether. Hardley fits with the narrative of Zelensky being a puppet.

I have made no such correlation. YOU invented it. Same as always, you fill in gaps with your imagination and end up with a falsehood ypu are then hooked to and just can't let go. And there is no way you or anybody could ever rattle me. You want to believe that to boost your tiny insignificant ego.

"bigBlue doesn't know the difference between a bank account in Cyprus vs CREST and Euroclear"

YOU invented that correlation out of thin air. Put the spade down, climb out of the hole and go home. You are embarrassing the worms.

"bigBlue doesn't know the difference between a bank account in Cyprus vs CREST and Euroclear"

YOU invented that correlation out of thin air. Put the spade down, climb out of the hole and go home. You are embarrassing the worms.

https://www.aviation24.be/airlines/lot-polish-airlines/russian-tennis-player-refused-onboard-lot-flights-because-of-her-russian-passport/

Russians should expect to be treated like this for many many years after defeat on the battle field. It is clear from many comments on here that Russians haven't the first clue what is waiting for them in retaliation for the war crimes. Remember, for years the war crimes trials will keep the horrors in the headlines. There will be no where to hide.

... and before you start, the volume at 14:15 is 77396, no sign of the 827,500.

"2 million share buy at 282 :-)"

Is crossed out.

25-Apr-23 12:52:24 282.27481 -827,500 Unknown* -2mO
25-Apr-23 13:35:49 282.27481 827,500 Unknown* 2m O

I'm sure you intended to post that so you didn't leave people with the wrong impression...

"Big Blue thinks Polymetal's problems with issuing dividends is due to blocked Bank accounts?"

Big Blue has never said anything of the sort. You have made this lie up in a desperate attempt to deflect from your absurd suggestion for Polymetal "how long does it take to open a business account and move funds? Minutes!".

Didn't take you long. Within a few posts you revert to making up bared faced lies to distract from the stupid ill thought knee jerk comment you make. If it was so easy to open new bank accounts within minuets, then POLY would have much small problems. And so would rather a lot of other people and businesses.

of course you have to invent associations twist statements and turn inside out what is said in order to fabricate an assertion and align it to things never even mentioned. How on earth did you manage to drag CREST into this???? That is some imagination you've got there.

If as you state, "how long does it take to open a business account and move funds? Minutes!", then solving the payment of dividends would have been solved in minutes by creating an alternative payment procedure. Maybe, perhaps, it isn't so simple or quick. In fact, maybe it is not possible at all which is why the company is having to think of redoming and GDRs and all the other possible options being explored.

One of those options that maybe announced being the fire sale of Russian assets to a buyer named on this site who by all accounts is currently completing their due diligence!!!!!

....and another thing. Where have all the emails from the company with all the inside information gone? we used to get a few a week posted. Haven't seen one for a long time.

Here's your chance. Email your friend at the company and ask him if anybody or the company has been impacted by the Cyprus bank account sanctions. You can they post their answer on here. Because we will believe what you post [lol].

Wat was that? Your email addresses have been blocked? Oh dear. Did you become a bit of an issue doctoring pro forma statements to suit your narrative and then post them in a public forum claiming they came exclusively from the company? Didn't they like that? Did they stop you? Never mind.

"how long does it take to open a business account and move funds? Minutes!"

Well, then why is there any issue issuing dividends or moving to other exchanges? In fact, if the solution is that simple why has POLY got any issues at all?

https://www.polymetalinternational.com/en/investors-and-media/news/press-releases/17-08-2022/

Irrespective of the change of registered address, the company and people associated with it will have/may had Russian national bank accounts due to it's former registration and continued physical office in Cyprus.

Did all bank accounts move from Cyprus to Jersey? In fact, maybe none moved as new ones had to be set up?

Therefore the question remains, what impact does the Cyprus sanctions on Russian nationals' bank accounts have on POLY and it's people? Can't POLY release a brief press release saying they are unaffected like they have commented on how other sanctions have not directly impacted the company?

It is the silence which is deafening.

Anyway, the update will be poor. There have been no interviews, press releases, RNSs or anything out of the company. That is a sure sign, as with any listed company in my experience, that things are not going well behind the scenes. Companies doing well with problems under control tend to over indulge in speaking publicly. Companies with intractable issues reacting to events tend to go introvert and shy.

I will be looking for a comment on how the closure of 46,000 Russian accounts in Cyprus where the company is registered has affected financial facilities and operations of the company accounts and individuals! I note nobody is willing to address this even with an insult aimed at me.

That bad is it?

"Let’s leave the war talk to another forum"

Reality check. You then go on to list a load of topics which are all specifically connected directly to the impact of the war.

If people truly wanted this, and any chat, to be void of 'war talk', then you would be campaigning for all the Kremlin propagandists to be silenced since people like me almost exclusively work to counter the Russian propaganda machine on many outlets like this.

Remove the Russian propagandists, you remove the 'war talk'.

Oh dear. You actually see BRICS and G7/G20 as an us and them scenario. You want hostility. You are in for a huge disappointment. You want to believe the non G20 has been some sort of victim and it is all about some sort of grand scheme for revenge.

Oh dear. You are going to be so disappointed. The actual problems for the poor countries before was the alignment to Marxist and socialist doctrines which excluded market forces during the ideology world war post WWII. Thatcherism played a major role in breaking the controlled market mechanisms everywhere from the UK, across Europe and beginning to extend to post Soviet Russia. The concept of BRICS dates back to the early noughties and has been slowly developing. The main problem has been slow WTO changes and old protectionism habits amongst the emerging countries, and new protectionist 'aggression' from the likes of the soviet EU snobs which has triggered mini trade wars up to this day.

Oh dear, BRICS is not some great meeting of minds to gang up and destroy the G7 or the G20 or the west or indeed anybody. The extent of the propaganda message constructed by Russia could not be further from reality. No wonder so many BRICS participants will not help the Russian war effort, but instead diplomatically side-step further and further away. The leaders of the world are queueing up to visit Kyiv and shake Zelensky's hand. Virtually nobody wants to meet Putin. And Xi's visit has a lot of baggage attached about it being a move to subvert Putin further and make him bow even deeper handing over yet more natural resources for next to nothing and ensuring the post Putin era knows it's place at China's feet.

Oh dear. So many heavy hard realities to face post war in outright defeat when the lid is lifted on the Russian media and free voices can be heard again. The real global world is a very different place from what you are being told inside Russia.

The prospects for POLY are inextricably linked to the war.

You should all be far more concerned at the closing of Russian national's accounts in Cyprus which may cripple POLY operationally unless quick alternative accounts can be et up in non-sanctioned transaction system elsewhere.