Member Info for Manlord

*Debt down by $400m
* Q4 revenue up 30% to $1b
* No deaths (notice they put that first highlight)
* met 2022 production guidance after all the challenges
* potential re-domiciliation to Kaz preferred but not confirmed
*potential relisting in Kaz (I want more info on this Re; LSE listing

To me, stability has been achieved. I can guarantee a 100% return on anything invested at 8am this morning & a return to dividends by next years meeting. If that’s not a screaming buy, we’ll then, you really shouldn’t be here and should be down at Paddy Powers backing the #3 nag in the 7:50pm @ Wolverhampton on Friday.

ML

put simply, as I'm planning on holding for the very long term the ONLY thing I want to see and hear tomorrow is that the lads in POLY have gained stability of the business.

I don't care where gold goes in the next 6 months, 3 years etc.....We'll have ups and downs and it all averages out.

I don't care where the the ruble V dollar goes in the next 6 months, 3 years etc.....

I don't care about the dividend not being given to holders immediately or even in 2023.

I care about the production guidance's for 2023, additional channels for sale of bullion & concentrate and that all capex projects are still progressing well as they will add significant value in 2025 / 2026.

Navigating the choppy waters is what we all wanted back in April 2022, it seems that this has been achieved to some degree but tomorrow will hopefully put some meat on the bone.

GLA

ML

Gold had another attempt to settle above the $1930 level but lost momentum and there was a pull back. Treasury yields moved higher today which was bearish for precious metals however from a big picture point of view, the current trend remains strong. A successful test of the resistance at $1930 will push gold towards the $1950 level.

Silver markets suffered a strong sell-off today. This is not surprising as silver faced huge resistance in the $24.00 – $24.50 area, and some traders decided that it would not be able to get above this resistance area in the near term but it remains to be seen whether silver will develop additional downside momentum in the upcoming trading sessions.

ML

Think they are limit orders right at mid point and due to the low volume the MM’s have executed them. It’s why all of my buys show as sells but I have never taken a quoted price.

Currently undertaking IP surveys which will pin point where to put the drill for the drilling campaign.

Scroll back a few posts to the latest interview on YouTube with Shaun Bunn. Goes through everything that’s ongoing at the minute.

ML

Until the herd arrive taking this beyond 2.5p - 3p.

Last interview put off some traders but thankfully I’m here to invest. SB just doing what’s needed to be done & the fruits of that labour will hopefully soon be revealed.

2023 is the year!

ML

Appreciate the comments on the spread guys!

Trading 10 years now and picked up one or two little nuggets there!

As it happens, the MM’s just offered me £3.44 for 20k shares.

Thanks but no thanks - Let’s chat again in 2025 ;-)

ML

Ok so we know the bid is the highest price buyers willing to pay for a security.

We know the ask is the lowest a seller is willing to sell a security.

We know the stated bid & ask are not always the true spread as you trade and find out the quoted spread is tighter or looser.

Question:

1) Why is the SP not always the mid price between both (like today)

The bid is well below the SP but the ask is only just above the SP. I never understood this and my OCD flips out when I see it ;-p

Any other interesting points on spread are welcome.

Thanks

ML

Firmly back in the top 50!

Mark my words.

https://www.mining.com/top-50-mining-companies-in-2022-coal-lithium-win-big-china-investors-lose-out/

ML

It's almost a guarantee that the £1m buyer is an II making the decision that they need to get back into POLY at this stage before it goes past a point of where they were forced to sell under orders of faux outrage last March / April.

My view is that you'll see II's watching the SP and where they feel it's likely to go and as soon as it nears a point where they sold out they will of course buy back in to ensure only a paper loss was achieved, now back in to crystallise profits.

It could of course be a typical AIM gambler with £1m hanging around.

Everyone has their own minds to make up.

Let the games begin in the city!

ML

Back when it sat between 200 & 230 for ages a move of £0.30 gave us a huge jump of circa 15%.

We have moved so fast to £3.50 that a £0.30 drop seems like a “crash” but in reality it is a 2.7% pull back when it met resistance at £3.50 which IIRC was the previous high after the fall in 2022. There was so much buying & selling st that point that it was bound to be choppy!

However, it did surprise me as I expect the afternoon session to push on past £3.60, alas the markets remind you they can change in an instant.

5.5 trading days until the meeting! I had a £4 guess and I’m sticking to it but whether it’s £3, £4 or whatever, the overarching goal here is that the meeting sets out another plan for the upcoming H1 23 & confirms the completion of a positive Q4 22.

That’s all I want to see, stability & planning. The rest will follow.

ML

@JudgeMental

I intend to do exactly that! Compounding divi returns long-term is a no brainer, but compounding POLY dividends is the no brainer of the decade. This is where the real passive income is earned but again everyone has different objectives and requirements so each to their own.

I did work out a compound divi table on my holding with assumptions of divi amounts based on a normal trading year and cost guidances etc etc and the final figure at 2033 (when I’m 50 & planning to retire) is simply staggering.

Every plan must start with a single step! Mine are being taken now.

GLA

ML

When the yanks get involved this afternoon after no buying since Friday night this will get past £3.50 and head towards £4. 5.5 trading days remaining prior to meeting!

All looking good.

ML

Great interview.

News afoot.

ML

POG $1925

Right I’m off - enjoy your weekends and see you Monday.

7 trading days to results & presentation.

ML

POG $1923

ML

Hi MagicMoneyTree,

Russia will become the biggest gold producer by that date, of which POLY will play a significant role.

Apologies for any confusion there.

ML

Thanks Ray.

Appreciate the comment. Have a good weekend.

ML

I’ve just hit 80% up on my average!

Serious wedge now & huge annual divi which will have return initial investment after 1.5 years if we get back to standard divi amounts in due course. Phenomenal.

ML

$1915

$25m today alone!

This is going to burst on the 25th!

ML

That’s another $17.5m additional profit for POLY in less than an hour!

Almost $200m in last 22 days of trading!

ML