Member Info for Kingalf

Could drift down to around £2.15p - £2.17p support line before the next leg up. It was never going to be an easy ride.

Ft article
"The measure, if backed unanimously by the 27 EU states"
Unlikely to be unanimously backed so nothing will happen. Also, it's starting to be clear that Ukraine are the ones holding back on peace talks, adding more sanctions on Russia isn't going to change that, in fact, the opposite as it will encourage them to holdout as much as possible which the Europeans do not want.

Rumours were recently circulating that NatWest were considering a potential buyout. Ruth Markland purchased shares on 24/11/22, she wouldn't have been allowed if there was any bid in the offing.

Russian President Vladimir Putin remains open to negotiations but the fighting will go on, his administration said.
While military operations continue, Putin “was and remains open for contacts for negotiations,” Kremlin spokesman Dmitry Peskov said on a conference call on Friday.

Article in the ft

Gold demand firmer in Q3
Healthy Q3, driven by stronger consumer and central bank buying, helped year-to-date demand recover to pre-COVID norms.

Gold demand (excluding OTC) in Q3 was 28% higher y-o-y at 1,181t. Year-to-date (y-t-d) demand increased 18% vs the same period in 2021, returning to pre-pandemic levels.

Jewellery consumption reached a robust 523t, increasing 10% y-o-y despite the deteriorating global economic backdrop. Y-t-d demand is slightly firmer (+2%) at 1,454t.

If you have the stomach for it watch Einsatzgruppen - The nazi death squads on Netflix.
What the Ukrainians did to their Jewish and Romany neighbours is truly shocking.

Seemed to be a lot made of the EU confiscating Russians assets to rebuild Ukrainians infrastructure.
According to the ft article this morning
"The underlying assets would be returned to Russia if a peace agreement were signed".
Apologies if this has already been mentioned, so much noise on this site I'd end up pulling the little hair I have left out if I read every post.

Very well put Kuurj, pretty much summed it up.

Ukraine war latest: Stop fighting or face destruction, Belarus warns Ukraine Sky headline.

Seems to me that the Russians are now bombing them to force them to the negotiating table.
It's going to end, just depends on how much of their infrastructure they want to remain in place before they start taking.
The West will not intervene and don't expect massive handouts to rebuild the country, our tax bill is high enough already.

Going by the last company communication they've done a great job in finding new markets to sell to which will go someway in reducing the inventory overhang and help reduce the 2.8bn debt and increase profitability. They seem keen to get the divided payment going again but want all shareholders to have the option of receiving this. Again, looking at a work around to make this a viable option, hopefully by March next year.
Lots of posts on here in reference to crypto currencies, I understand the principles behind it but the arguments to justify the price just doesn't comprehend which is why I haven't touched them.
What does make sense to me is the following. They are on track to meet our full-year guidance of 1.7m ounces. Simple calculation 1.7m X $1751 ,= $ 2,976,700,000 obviously less cost but doesn't include the other commodities they sell. Company value approximately $1,345,000,000.
No brainer in my eyes.

200-Day Moving Average 290.36
50-Day Moving Average 214.95
20-Day Moving Average 224.58
10-Day Moving Average 239.09

Well if does escalate at least the gold price will go higher.

So much background noise on this chat, can't we just focus on the Poly itself good or bad rather than all this useless point scoring chitter chatter.

Admittedly I'm coming from biased angle, but there is definitely something going on in the background, I wouldn't be surprised if we don't break the £3.00 mark in the next week or so

Sold out in March at £3.71, have decided to rejoin the party for the following reasons.
Zelenskyy and the Russian foreign minister both used the same wording yesterday "beginning of the end". Clearly talking in the background.
Sad part is that the Russians could well escalate the attacks near term to encourage the Ukrainians to be less demanding.
Still have an option to split the company, price may not go back to £10 plus under this scenario but I expect there to be at least a few pounds premium plus a dividend payment.
Last company communication was very positive especially in reference to free cash flow and securing new markets.
The potential on the upside just outweighs the risks. Worth a punt in my eyes.

This will impact Even

Jeremy Hunt will this week overhaul Britain’s “flagship industrial policy” after warnings that billions of pounds of R&D tax credits for small companies offer poor value for money and are open to fraud.

The chancellor is expected to make the tax credits for SMEs less generous, fearing that without reform their cost could double to almost £9bn by 2027, according to people briefed on next week’s Autumn Statement.

It's definitely a wait and see for this company, so many false dawns over the years. It doesn't matter how many deals they can negotiate, if the underlying product is nothing more than snake oil, the share price will always languish in the single digits. The market is still to be convinced to the contrary hence the share price.

Every spike in the share price has only been temporary and a selling opportunity. Could this time be different, probably not. This company has promised so much over the years and delivered nothing all to the detriment of the shareholders. If it's product actually had any medical use it would have been fully exploited by now. It's like a series finale, gives you just enough to keep you hooked and wanting more but the story line doesn't change, occasional price spikes and the eventual pull back to lower levels. All the while the bods don't touch these with a barge pole but are more than happy to extract their extortionate renumeration packages.

Could well be part of a defence strategy against a possible takeover. Selling off assets and leasing back is precisely what the likes of Apollo would do, but at least the funds remain with the business rather than pay these leeches hefty dividends and saddle the company with huge debts.

At this price it won't be long before speculation of a takeover resurfaces. Could be imminent.