Member Info for JohnNth

" I wonder what the issue is with MoEx?"

Clearly it is not as straight forward for Russia as it was for Kaz and AIX. I presume Russian authorities will be thinking in terms of capital outflows resulting from POLY new set up, both in terms of divis and revenue from asset sale to citizens from 'unfriendly' countries etc. Right now with US$/Rub exch rate, business is extremely profitable in Russia; I believe Russia will account for up to 75% of total POLY profits this year and most will be paid out in divis to foreigners.

To facilitate all this and to convince Rus authorities, POLY needs to be listed in Russia, and this will only happen after much greater due diligence from Rus authorities.

Once POLY is listed on MoEX, it's engaging thrusters time and warp speed all the way to Mars...........

@BSR....

"Any idea when Polymetal will resume trading on the MoEx?"

See reply below from POLY Investor Relations

"MOEX has the discretion over this, and we’re eagerly waiting for their decision"

MOEX trading should've started by now; probably some approval issue with MOEX similar to when POLY started trading new shares on AIX when it was delayed by few days.

Fingers x'd for Monday.

Any message on this board hereon could potentially be the last message.

POLY closing price on LSE now removed from Polymetal website, which means POLY could be drawing its last breath on this board...could switch off at any time.

Instead of wasting money on Ukraine, UK should apply that money to pay reparations for atrocities and looting inflicted on the empire over 250 years and to countries like Iraq and Iraq whom we have bombed back to the stone age in recent years.

Sad thing is that we have not even apologised for our actions.

Have you noticed the trends affecting POLY.

1) Gold moving up again on the back of comments from Fed and elsewhere signalling rates have peaked.

2) Due to current high interest rates in US, exch rates against all currencies affecting POLY(Ruble, Tenge, Yuan) are favourable; especially teh Ruble for reasons already mentioned.

I've said before, 2023 will be the best ever year for POLY in terms of profit in its history, and this will trigger the third divi (annual divi) from profits to add to divis from sale of stocked up gold and sale of Russian assets.

"AIX has 14 equities. FOURTEEN. And you're al going to get rich quick on such an illiquid market?"

All this will be irrelevant once POLY disposes of Russian assets and then get a GDR listing in London. Yevgeny told me that back in May and that is why POLY Investor Relations is maintained in London.

Further, AIX is a recently set up exchange and very much in development stage. POLY have provided it with a massive boost and govt of Kaz have recognised this. Could it result in huge mining rights for POLY within Kaz?

I'm not worried at all cos I know I can sell my shares at twice the value if I chose to do so in an instant.

"Why are there no posts about people successfully trading on AIX?"

Obz only yesterday said they sold some at a profit, but overwhelming number are like me, in it for the long term. And why shouldn't there when there's huge divis on the horizon.

Bug-blue, with your non-stop adverse rhetoric, you must have dissuaded quite a few into selling and in many cases incur losses as well for which you will have to carry the guilt forever.

Even yesterday, you were saying POLY was worth absolute zilch.

I have doubled my money, which I would not have done had I listened to bug-blue. I'm not selling anytime soon either.

"We could be literally seeing the last days of cheap Polymetal shares."

We could also be seeing last days of this board; it will be gone by 1st Sept.

SP finishing on 340p on AIX. Volume is climbing but is not everything. You normally find volume in successful companies is lower as investors hold onto the shares as it is a one way bet...up only.

It doesn't provide the necessary erraticity for the day/option traders.

I would also expect tensions to rise between Ukraine and the West in the coming months; with Ukraine not showing gains and the West looking for value for money. Ukrainian leadership will be increasingly stroppy since their pockets are now bulging with cash; we saw an example posted by BSR yesterday where Zelensky said to US give us $5.0bn and we'll hold an election as you require.

West will demand progress and this will be met by demands of various sorts including CASH.

In the end, I believe the peace will be forced on the Ukraine by the West, in similar ways as peace was forced onto the IRA by the US and Ireland.

Corruption and profiteering from war in Ukraine is at an endemic level. Most top brass including Zelensky does not want the war ending or an election as that would call into question his stewardship of the country which has been abysmal costing millions in deaths, destruction and displacement of its people.

To be fair, proper elections cannot be held in these circumstances and that suits Zelensky, who will come out of this war with riches on par with the oligarchs.

History will not be kind to him.

"If so then why would they need bank details?"

To pay dividends which are paid in cash...not sausages.

"I think that means they take debt also to give net cash of 1.2 - 2 billion"

That is how I read it as well. Currently POLY mkt cap is approx £1.5bn; it is conceivable we could get a divi of around 100p alone from sale which will still leave POLY shed loads for investment. Further, there is that stock of unsold gold which Mr Nesis said POLY will off-load before the year is out and will pay divi from it as well. And then there is the annual divi from profits as well.

I'm rubbing my hands.....can't wait!

Feel sorry for the ones missing out.....

Thanks BSR for the article.

Lauren “Bam Bam” Boebert announced at CPAC:

“We are going to investigate Hunter Biden because he has used his father’s positions in government for shady business dealings with Ukraine and China. We no longer need a resident in the White House. We need a president who puts America first and not his business dealings with corrupt foreign countries.”

Has Ukraine got Biden by his ..........?

"Debt and interest, rates going up now in China too, does not bode well for debt laden companies"

Not sure where you get this from? Rates in China are actually falling.

Further, only 7% of POLY debt is in renminbi.

Further still, all the rate rises in Russia will cost POLY an extra $26m in 6 months till company sells its assets; about equal to profits made through 1 Ruble gained by US$ in exch rate.

https://www.theguardian.com/world/2023/aug/21/china-cuts-interest-rate-economy-central-bank-rate

As regards MBS's visit, Rishi and UK have realised they have fallen way behind the French in arms export to that part of the world. The French, who have no scruples dealing with any regime have climbed to 2nd place in global arms export league, whilst Britain have fallen from no.3 to no.5. If news media is to be believed, UK will offer Saudis a partner status in the 6th generation Tempest program to get back in with them again.

"Trading will not resume as the group plans to delist from the London Stock Exchange by the end of August."

I think this board will close at end of this month.

https://www.msn.com/en-us/money/markets/polymetal-hopes-for-russian-asset-sale-within-six-months/ar-AA1fxBIG

"I, like many, get a news alert service that is not concerned with page hit numbers. I therefore get a real world view of what is happening."

May we please request you share your sources, so that we can be better educated and gain better/fairer understanding of the conflict?