Member Info for latpulldown

lol

No but it would appear some don't know the difference between 10km and circa 62.5miles. London to Brightin + lets you ready reckon it.

Read the post before being a pedantic ##i##

Distance from London to Brighton - 59 miles.

Just to help you gauge the size of the distance in between.

To Poltava - 62.5 miles.
https://www.distance.to/Kremenchuk/Poltava

Looks like targeting of key infrastructure, thermal plants, oil refinery mentioned here.

https://global.espreso.tv/missile-strikes-on-kremenchuk-russians-hit-tpp-and-oil-refinery-people-dead-and-injured

People that can read the results as still maintaining FY production guidance (as they were at £12.00) will be the ones happy to pay. That plus those seeking the potential dividend yield on offer. It limits the opportuntity for traders who over the last week have successively ended up paying more and builds strength back into what is an oversold share price.

Happy to leave it the BoD who are doing a great job.

If so it would creates a whole different image.

No longer a "Russian" mining stock but a predominantly "Khazak" miner instead.

We know from previous RNS that 48% of 2021 Revenues came from Khazakstan and it is clear that it has the lesser cost base.

Just a quick question from this statement in this mornings RNS?

*Pacific POX project and is currently evaluating options to re-site the facility in Kazakhstan.

If this is the case then would we actually become a predominantly Khazak miner with the largest share being there?

https://www.polymetalinternational.com/en/investors-and-media/news/press-releases/06-04-2022/

Good prices presented again.

Being presented on a fully refinanced company moving forwards.

It is a PRODUCTION UPDATE - Q1.

Comprendi !!!!

FY Guidance is still maintained - just as it was at £12.00 pre-conflict.

"I'll happily take a divi in bullion.... thats tax free."

I'd even happily pay myself for it to be delivered Royal Mail, Special Delivery

Belgrano, the MM's and the algo's can play with the price but with maintained FY guidance here it just serves to re-emphasise how oversold this share price is.

This share price could be just as easily £10.70 or higher off todays update, but for the conflict.

That's against a £12.00 pre-war share price and taking into account increased inflation and logistic costs.

It only serves to show how disconnected the share price has become from the reality of production.

FY production guidance is still on course.

Imho

Notably, a production update.

All eyes on 11a.m. for some words on Doing the Splits and Replacement Broker.

Excellent Q1 update that confirms production guidance for the year of 1.7Moz GE and that they are doing everything within their power to navigate their way through sanctions. Increased debt due to advance planning and buying in spares and key consumables. Costs up also due to Russia logistics and inflation but offset by reduced Capex by $200M. Considering re-siting POX in Khazakstan. Shrewd and All other major projects continuing. Dividend still looks highly payable imho, conflict over

*The Company reconfirms its FY 2022 production guidance of 1.7 Moz GE . (Fully functioning Company despite all going on + the share price)
*Revenue for the quarter grew by 4% y-o-y to US$ 616 million underpinned by higher gold prices
*Net debt rose to roughly US$ 2.0 billion on the back of higher working capital needs. Reason: The Company moved swiftly to increase stocks of critical consumables and spares to address supply chain issues related to sanctions
* Total cash cost. Slight average increase. Due to Russian sanctions, logistics + inflation.. in the main (TCC) guidance to US$ 850-950/GE oz (US$ 950-1,050/GE oz in Russia and US$ 700-800/oz in Kazakhstan) compared with the previous guidance range of US$ 850-900/GE oz
* Pacific POX project and is currently evaluating options to re-site the facility in Kazakhstan.
* All other major projects (Kutyn, Prognoz, Urals flotation) are in the advanced stage of construction and will be continued according to the original plans.
* Reduced CAPEX. Guidance for the full-year 2022 is therefore revised to US$ 650 million (US$ 580 million in Russia and US$ 70 million in Kazakhstan)
*Medium-term production guidance now stands at: 1.65 Moz for 2023, 1.7 Moz for 2024, 1.7 Moz for 2025, 1.8 Moz for 2026.
* 2021 Dividend decision postponed until August.

That's how it looked last week

Hopefully it a bit more builds from tomorrow forwards and our 3 Events in a Day. The links are there if you missed them previously.

https://www.polymetalinternational.com/en/investors-and-media/news/press-releases/06-04-2022/

Erdogan called Zelenski today trying to reignite peace talks. Telephone call with Putin tomorrow.

https://www.ekathimerini.com/news/1182943/zelenskyy-erdogan-discuss-mariupol-evacuations/

UN Secretary General - Guittarres in Turkey to see Erdogan tomorrow, then meets Putin in Moscow tomorrow. Then meets Zelenski the next day.

https://www.theglobeandmail.com/world/article-un-chief-antonio-guterres-to-visit-turkey-ahead-of-moscow-kyiv-trips/

Does look intelligence led for the timing and probably American input somewhere around the edges. Artillery strike?

"Fresh Putin humiliation as 50 Russian army top brass annihilated in ONE day
FIFTY senior Russians officers are believed to have been wiped out in a Ukrainian artillery attack on a Russian command post in the Kherson region.

Ukrainian forces have been trying to retake the Black Sea port city in recent weeks, after it fell to Russian troops early in the war.

Aleksey Arestovich, an adviser to Ukraine's President, Volodymyr Zelensky, claimed the artillery strike inflicted a major blow on Vladimir Putin's army.

He wrote: "We hit the advanced command post of the Russian army in the Kherson region.

"It is bigger than Chernobaevka. There were 50 senior Russian officers there.

"Their fate is unknown, but I think it is sad news. The command post exploded for a long time."

Its the easiest way to start demoralising the troops when you take out the generals and the command structures. Nobody is immune and leaves those remaining rudderless and normally without comms.

UK MoD said no appreciable gains made yesterday. That imho will be the story for Phase 2. Some towns taken and then taken back. More ambush tactics and now backed up by more advanced weaponry.