Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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,
The company should suspend the decision on the sale of the Russian part until after the US elections. All the investors who came to AIX came because they think that the consolidated company is strong and worth investing. The split will weaken the company. The split must not happen before the US elections.
The authorities should be persuaded to remove useless sanctions
I'm not American most of the polymetal investors have suffered heavy losses or others who were forced to sell or hang up if the investment is with banks or brokers who stopped supporting the worst stock at the moment, those who transferred to aix the return of the money is problematic and there seems to be no hope. At the moment the control after Nisis sold Polymetal 10 Blackrock 25 Oman 45 funds mostly American remained 20 percent the rest of the world which are English Americans and institutions. In short the sanctions in Polymetal Russia are against investors who have no reason to punish them. On the other hand there is the holding of Polymetal Russia which in order to get out of the sanctions it must sell it. Take a factory that will sell 70 percent of its production parts under duress what is left . Remember this is gold and silver mining and being forced to sell it under pressure is to give a gift to the Russians who will buy it. Sanctions are for the purpose of punishing and here we give a reward to the person we want to punish. It is about gold and money, and the sanctions create a situation where the Russians receive a reward from silver and gold mines that belong to neutral people for less than half the price of the value. Therefore if there are Americans who have access to the sanctions factors in the USA on Polymetal Russia please contact them to remove the sanctions and prevent The forced sale is the only good thing that will happen that Russia will control the gold and silver mines of Polymetal Russia for less than half of their value
Some one succed to pass his shiers to woody
Barclays does not take into account that things end naturally or unnaturally when no one knows elections in Russia and the United States next year a change in leadership for the better can bring a solution to the Russian crisis in a normal situation equal to at least 15 in the prices of gold and the pound today Barclays sold the shares against their will at the level of 180 will expose to a class action only If the Kazakh part is split equal to at least 3.5, we are forced to sell at end-of-season prices
Are barclis force is client to sell but they can sell by thier choice antill the redumption or he will do it when he wish
Brookers which refuse to deliver holders paper shiers or electronic shiers
In the last 3 monthes almost all the big instations sold poly .some one or other instations boat the shiere becuse they know that there is good mangement in the company end only kazhtan worth much more this price. the shiers is adventre when you buy shiere you sell it after50 percent if you get poly kz you will got more then50 precent from the last price when the problem with russa resolves you will make 5 times end more its a dream but drems com true how much it can take 2 years end also ten no body knows
I hold shares in a foreign bank. It is not possible to buy and sell. Are there entities in England that allow trading in shares? The method of trading shares now does not require clearing.