Member Info for Manlord

Purely down to exposure.

I only hold 2 companies now from roughly 10 this time last year. Sold lots of tech and now have cash pile waiting for next opportunity.

I’ve never traded a share in 10 years of investing.

ML

£1.80 was my first!

Bought lower & higher than that but this would put me on an average of circa £1.88 if it goes through.

ML

Placed for 5000 shares!

Unlikely to be filled of course but I’m buying more on the basis that so many others have absolutely no idea how to play the market so I’m now here to take advantage of the opportunity arises.

Not sold a bean, only adding & adding.

ML

Anyone got sight of how the order book looks?

ML

4 part series

The Putin Interviews with Oliver Stone.

Well worth a watch and not that my opinion means anything but this man is far from what the west would have us believe being “mad Vlad”

No need for replies as the board doesn’t need to debate it. Just flagging the other side of the story.

ML

EU managed government can only mean one place………

Ireland

ML

And when I say 30% I mean 33%

Vomit

ML

Just how lucky you are to have an ISA.

Nothing here to help Joe PI Public and full tax on any profits from sales & dividends. I have to pay our pathetic EU managed government 30% of everything via CGT.

Let that sink in

ML

As requested Ray!

————————————-

I hit my risk limit today.

Let me explain why.

There is nothing to keep this company linked to London any more. No metals exchange, no premium listing and a shed load of rules and listing headaches with brokers and indexes shunning them.

Let me make this clear. They will abandon London totally and whilst that might be fine long term it will be terrible for iSA or sipps because the chance of a new DR for Russian company is likely impossible. So there is a catch 22 and I don’t see a solution and that’s based on current sanctions which could get worse. Right now they can’t even move money between Russia and Kazak because of the domicile.

So the share is trading on gambling sentiment only as nobody else is trading it.

Another risk is now the DR which can easily be suspended or banned just like the ADRs were over night went poof gone.

I was 48k richer yesterday but yesterday their plan was to keep premium LSE listing. That was likely unrealistic long before they told us in that meeting. They also said keeping jersey is fatal to the company which is bloody different from last update. So basically the status quo is impossible and the long term is now moving away from London.

They are going to abandon London. This isn’t a bad thing for everyone but it’s going to be for ISA holders. Further sanctions could make it worse.

I’m out with a 20k profit out of 50k profit at 350p

Maybe I’ll reconsider the risk at much lower price but holding 150k in this is now to scary for me.

Good luck all

They read LSE occasionally!!!!!!

I thought trying to steer POLY through troubled externally driven waters was tough enough but having to read comments from Blue, Red, & Newt is beyond acceptable.

The poor lads

ML

How dare you say there are 2 classes in the stock market Profitjock!

There are 3!

You forgot the class that sat back relaxing watching the other 2 classes transfer their wealth ;-)

ML

£2.71 paid

ML

Uneducated people on this share is astounding.

Saying things like LSE holders will be wiped out is utterly contemptible & completely false.

For anyone who isn’t sure, do you think the CEO who is always transparent & top of his game would calmly walk into the presentation today face to face (not online like previous) if that was the case.

Relax & take a deep breath guys, what you’re witnessing here is the transfer of wealth to those that can see the bigger picture & are not led by others.

ML

General meeting to approve redom 2nd quarter with 4th quarter to approve the jurisdictional split (will complete H1 2024) - dates are not definitive.

Conclusions:

current jurisdiction unsustainable so need to move. Mgt are confident AIFC is best to offer shareholder value. Split not possible until redom complete so necessary. 75% shareholder approval needed for redom and split.

Mgt want to complete redom ASAP to ensure survival of the company.

4th quarter revenue was record for POLY in history. $200m dollars of stockpile to be sold in Q1 2023.

expect inflation in Russia to be 12% in 2023 and 7% in 2024 (higher in Kaz)

nett debt reduced and current borrowing done in roubles and CNY (slighty higher rates than old debt but no issues to be concerned about). Russia 74% of debt, cyprus / Kaz 26% of debt. Very strong cash position of $640m and well covered.

75K buy just gone through @334 :-)

Projects- 75% complete and maintain timeline to produce first metal 1st quarter, first gold in q1 2024 to ramp up in q2 2024. 2023 significant chunk of capex required via steel, pumps, valves and have to buy lessor known and worse quality equipment, additional pressure on capex but operation is number 1 priority for management.

continuing..........

Projects:

AIX sorry.

ML

just 3% NSD shares remaining from 11%.

Re; Redom (his words) will offer shareholder value and offer paths of strategic developments in both areas which are completely different.

In terms of unfriendly jurisdiction this is still risky so they (BoD) are bothered by this and think getting to a friendly jurisdiction (Russias friends) is still a focus. They looked at HK, Dubai, SA etc but Kaz came out on top of most weightings and that's why it is the chosen.

No need for shares to be issued and very familiar with everything from that area - tax etc.

Will maintain listing on LSE, MOEX along with AISC. (British & Irish investors are fine)

ML

Post of the day Beachbum.

I’ll follow your lead.

ML

To the guy who sold 28360 @298

Patience is a virtue!

Bought none, sold none & got EXACTLY what I wanted from that RNS. I’ll leave the vultures to fight over the share price scraps.

See you at midday.

ML

& I’m sure it will come across as very positive later today.

LSE listing is & was a focus but it might not be the primary listing - nothing to worry about and he said this multiple times over the last 6 months.

There’s a reason the sad little “live in their parents attic” crowd reappear & it’s not to offer good quality content or advice / opinion.

It’s to disrupt this board. It has been a place to discuss positives & negatives recently so I would suggest we keep it that way by starving them of oxygen - DO NOT REPLY, FILTER or REPORT.

Don’t get dragged into the childish behaviour.

ML

@Red - if you have nothing of value to add please keep your war talk drivel to yourself.

ML