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Dunno786 Poly is pretty good at explaining the whys and wherefores of what's going on, so expecting info in due course, and I will be emailing IR anyway about how it affects ongoing split and dividends and relocation etc, though the answers seem obvious ATM. Just to say, dividends have been funded from Kaz free cash flow since 2021, but a dividend may be seen as 'Russian money'.

Such as?

The question of how it may or may not affect the redomiciliation and / or share split is more pertinent? If Poly isn't forthcoming before I guess they will discuss in January.

PolyM thank you for correcting my poor maths €:)

R33skyline, I believe you are correct there, and TBH for me it's about where it ends not today's price, so if they get in lower then good for them!! However there are also posters who either believe posting on a BB is going to affect the people with deep pockets, good luck on that you never know, or they love a bit of schadenfreude, every possible hint of a downturn and they're sniffling about for a bit of anxiety to feed off, because misery sure loves company €:)

"Mary, how did you get on with that Polymetal investment?", "Oh just sold for a £200,000,000 loss", "Good show, good show" €:)

Can't see BR dumping £200,000,000 worth of investment 0_o

IF the new sanctions are agreed and relevant to Poly, and the UK takes on a similar set, then share buying / dealing will surely be suspended, but I'm ok with that, in the US shares have been unofficially and effectively suspended for a couple of months now, we can still receive dividends and at some point a split will happen / war will end or turn into a border squabble that everyone will forget about just like they did before, and get on with making money. It's not an Evraz situation, none of the BOD will be sanctioned by the look of it, just new investment banned so they can still operate?

Newdealz, I think BB misinterpreted my comment, it was about gold going to India and China, being double accounted / three cup trick-ed and finding its way back here, and how little care there will be for that behind all the bluster, not Poly evading sanctions.

Newdealz *Thumbs up Emoji* €:)

More thoughts, as it's looking like, if agreed, it will be new investment into as yet unspecified mining sectors, then it may end up like in the US, they can't buy shares, but can receive dividends. If a bank that Poly uses is sanctioned, then that may cause problems, though they seem to be pretty good at spreading the risk, it's an unknown. Likewise individual sanctions. Unlike Evraz, Poly isn't going to be individually sanctioned by the looks of it and unlike POG they're not tied down to one arrangement.

Newdealz. Yea I agree, was just trying to stay on point as you are correct, it's not about gold at this point, but about the financial and practical implications of Polys listing, share buying and banking (180 individuals, probs not but always a faint possibility) the implications of that on Ploy, we don't know yet what they are or how it will impact, Jersey tends to follow sanctions but not all? And the UK is desperate to impress the US (it's not working) but have quietly eased some sanctions when it suits them. And yes I also bet there's tons of gold coming in to EU and UK with a nice legit stamp on it that originated in Russia €:)

Ok yes poorly put €:)

This isn't about the effectiveness of sanctions, it's about how it may or may not affect Poly?

Yea I was looking for that, the deep pockets are not so far heading for the door €:) I'm not too concerned other than suspension or outside chance of individual sanctions, but then the moves to redomiciliation are in motion....

Just my initial thoughts, it's not gold, you are correct there, it is the financial arrangements / investment the EU is targeting, potentially, it's going to be discussed. If the UK takes it on board, then that may affect buying new shares, (new investment), or the listing potentially, or the banking arrangements of Poly, but they have a flexibility in banking that POG did not. Relocation to a friendly jurisdiction is irrelevant at this moment as it hasn't happened. The 180 new individuals will be of interest!!

It's an EU ban on new investments, UK not shown it's hand yet? https://www.ft.com/content/09424014-da48-44fb-b602-10a55f001fc6

Wonder how it might affect share dealing and banking (3 new banks being sanctioned).

06-Dec-22 08:02:58 247.50 1 Buy* 2.48 O

Someone securing their future......... €:)

EU Says It Can’t Seize Frozen Russian Central-Bank Assets for Ukraine

https://www.wsj.com/articles/eu-says-it-cant-seize-frozen-russian-central-bank-assets-for-ukraine-11669827828

EU Says It Can’t Seize Frozen Russian Central-Bank Assets for Ukraine
Brussels hopes to set aside a portion of the funds to pay for Ukraine’s reconstruction, European Commission officials Wednesday said that because of the international principle of state immunity, they were unable to confiscate central-bank assets, but were now proposing that member states and their international partners establish a fund to manage the liquid assets and set aside profits from those investments for Ukraine’s rebuilding plans. (more on WSJ).

Cheers Sagacity, can't put it as eloquently, but definitely a more positive feel around Poly lately, keeping fingers and toes crossed nothing comes out of left field in the next 6 - 8 months, and that the light at the end of a long tunnel is a split and dividends, not a fire sale €:D