Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Excellent news/ progress. Pleased to see the Aussies can read and understand what significant news this is - all very positive going forward:)
Like this forum … all a bit panto lol. I’m happy trading the dips to add to my core holding.
Two buys just now for £100k and £182k - they obviously don’t read these forums :)
Operations
Polymetal operations in Russia and Kazakhstan continue undisrupted. 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. Group's scope of operational activities and production guidance remain stable. The Company is reviewing non-essential capital projects in order to preserve liquidity and minimize risk. The management specifically notes that POX-2, Urals Flotation, Kutyn, and Prognoz projects are not subject to review and their execution will continue as previously planned.
Sale of bullion/concentrate
Sales of bullion and concentrate from Kazakhstan continue as usual. In Russia, Polymetal sells silver concentrate from Dukat (sold mainly to Kazakhstan as well as East Asia) and refractory gold concentrate from Mayskoye and Nezhda (sold to China and Kazakhstan). The Company received assurances from off-takers that all existing contracts continue in good standing.
I’ve added a few more at these levels. Lots of FUD at the moment but once ceasefire = boom. So would rather load up while naysayers allowing cheap entry. Will keep adding where I can on dips or on positive news
You can also buy on II
I am sure anyone who held EVR can read the RNS - this is Poly . 10/10 for your deramping efforts though :)
Sentiment is a funny old thing as I remember when UFO, EUA , GGP etc couldn’t be given away and you were lucky if there was one post a day or even a week. Suddenly a share will come into play and sentiment will turn. I am sure that will happen here as we have all the building blocks to become a very successful company:)
IG been closing only since this morning… really annoying as I sold something at a loss to buy then couldn’t lol
Up to a point if it gets the ticker out there it’s all good. I have often only stumbled across companies due to see it mentioned a few times :)
Looking better today anyhow - hopefully clear a few traders and we’ll move up.
Great to see this moving :) well done all - I have to say it has been painful at times as been well down. But I have always kept faith that Colins shrewd knowledge and expertise would see us do okay. I am looking forward to the next few weeks, months and years as can see this little minnow doing incredibly well!
https://open.spotify.com/episode/696gOscqAx3x8FOAS1LFrS?si=Gip9kuL-S72LZ9QlN5iWtQ
Great RNS - really pleased Colin is pushing things forward on multiple fronts. As said, mining is a slow process but great to see things moving. All very positive going forward for holders. Great opportunity for people to tuck away at these bargain prices.