Member Info for latpulldown

In combination with the now prolonged nature of the special operation / war and its financial burden of funding, and all whilst the Ukranians put up a spirited fight and with weapons replenishment and better arming from the West. There should be a sovereign debt default on Wednesday if newspaper reports are correct.

Dividend yield at the 145p price for the final dividend due on 5th may is 39p /145 x 100 is 26.89%. Just for the final dividend alone.

About 50 years worth of bank interest presently required to match that.

Should be sat around £6.00 based on those Khazakstan assets alone accounting for 48% of revenue in 2021. Everybody knows that.

Even better today

Unfinished business from yesterday at 190p hopefully.

GDP data this morning has also pleasantly surprised.

Happy to call it.

Dow recovered well last night.

48% of revenues from Khazakstan. No oligarchs onboard and Putins counter sanctions are non-applicable.

Bargain prices imho.

GL

Can you just explain how they would do that if all the assets are in Khazakstan?

Must be a full moon tonight.

Is a good day.

Why would they need a headcheck in buying EVR.

If you look at tonights RNS it looks like they have assessed RA's involvement with them as having no effect in the Board or on operations. Looks like a solid argument for unsuspending their shares. RA shares are frozen so if anything it means he won't be selling any.

That started the fall here today. If it reverses then expect a rebound here. EVEN THOUGH THERE IS A NIL IMPACT HERE IN ANY CASE off any of the new sanctions, from either side.

Let the dust settle and let them work out

*No oligarchs involved here
* 48% of revenue is derived outside Russia in Khazakstan
* Sufficient financial headroom
* Any counter sanctions off Russia have no effect here.

Given all of the above, surprised it has finished in the red.

But with that comes opportunity.

Enjoy your evening.

Having read the RNS it looks like the Board have provided clarity to get on with lifting any suspension. RA's assets are frozen so won't be sold.

Simple repost

Then you will know:

No Russian oligarchs onboard

https://www.lse.co.uk/rns/POLY/polymetal-shareholder-structure-update-q2ksfyf3ussp89x.html

Khazakstan Assets (Outside Russia)

"In 2021, Kazakhstan operations generated 43% of the Group's Adjusted EBITDA and 48% of its net earnings. Kazakhstan operations represent 40% (12 Moz) of Polymetal's gold equivalent reserves."

Sufficient Financial Headroom

"The Group has approx. US$ 0.4 bn in cash and cash equivalents deposited with non-sanctioned financial institutions. With the significant free cash flows coming from the Company's Kazakhstan operations, Polymetal has enough buffer to continue to fulfill its obligations and capital commitments in the next 12 months even in the absence of new borrowings. In addition, the Company maintains US$ 1 billion of undrawn credit lines from non-sanctioned financial institutions."

https://www.lse.co.uk/rns/POLY/polymetal-business-update-and-impact-of-sanctions-ddpf4femtbdnt79.html

New Putin law won't affect them either as they will continue to operate.

Looks like they are looking to unsuspend.

RA has no influence and they totally refute previous scaremongering reports.

The better question is what will happen to the POLY share price if the sanctions continue to bite, Russia defaults on its debt (which is imminent), the Russian public opinion becomes more vocal given their western niceties are no longer, and it simply doesn't have sufficent funds to fuel and feed its army and has to retreat or soften its diplomacy.

You do understand the bigger picture in all of this?

Then you will know:

No Russian oligarchs onboard

https://www.lse.co.uk/rns/POLY/polymetal-shareholder-structure-update-q2ksfyf3ussp89x.html

Khazakstan Assets (Outside Russia)

"In 2021, Kazakhstan operations generated 43% of the Group's Adjusted EBITDA and 48% of its net earnings. Kazakhstan operations represent 40% (12 Moz) of Polymetal's gold equivalent reserves."

Sufficient Financial Headroom

"The Group has approx. US$ 0.4 bn in cash and cash equivalents deposited with non-sanctioned financial institutions. With the significant free cash flows coming from the Company's Kazakhstan operations, Polymetal has enough buffer to continue to fulfill its obligations and capital commitments in the next 12 months even in the absence of new borrowings. In addition, the Company maintains US$ 1 billion of undrawn credit lines from non-sanctioned financial institutions."

https://www.lse.co.uk/rns/POLY/polymetal-business-update-and-impact-of-sanctions-ddpf4femtbdnt79.html

New Putin law won't affect them either as they will continue to operate.

The new laws are ill-conceived and ill-thought out for he will be "left" with vacant retail spaces with nobody to fill them, increasing unemployment and rising discontent amongst the population. I'd be Mc****ed off myself. Looks like the McDonalds staff that have been retained on the payroll will end up out of a job.

The new laws are ill-conceived and ill-thought out for he will be let with vacant retail spaces with nobody to fill them, increasing unemployment and rising discontent amongst the population. I'd be Mc****ed off myself.

The only person pretending here is you with your new multi-ID

Point me to the part in my post where I said I had bought at 2p?

Otherwise jog on

Nice to see one of the Board buying with their own money.