RE: Sale of Russian business11 Mar 2024 14:18
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.