Member Info for Onbeyondzebra

Yeah, I get all that. I’m just wondering about all this talk of registering online with compushare when your certs arrive in the post. What is the point of going to the compushare website?

Hopeful: I find this confusing. You don’t ‘need’ to set up an account with Compushare when your certs come do you?

Is it just to see if everything is in order (right number of shares in the right name) before registering with Tabys? Or do you input some details with Compushare that are needed for the AIX registry migration?

Staffchief: I queried this directly with ii and certs are fine for isa accounts as well. It’s only sipp accounts and jr isas that are a problem.

Sectioning or sanctioning… or both. Is he on about his grand conspiracy again, or congratulating himself for having hammered another nail into the wood of … something? I take all the advice I’ve given back. I think you should trust the nutter who’s written 10,000 posts attacking a company he’s not invested in.

Traderlongterm & Staffchief:

Happy to help.

In answer to your question, I guess you can request the Tabys code anytime up to mid-July.

BTW: My suggestions below were for ii only because they aren’t giving the option to continue to hold the new AIX shares in your account after the redom (as HL and some others are). For those who are going through the Certs & Tabys route, it will likely be a bit of a faff if/when the new Kazakh-only Poly is reintroduced back onto FTSE. Let’s just wait to see what the guidance for that will be.

For the time being, just stick the official Q & A and Tabys guide docs that Just-Another-Bot and I put in this thread. It should answer most of your questions. As for Carltt, ignore him; not even his mom likes him much.

I was quite chuffed by today's email. I don't know about anyone else but I'm investing in Nesis & the board. They are the standout investible commodity, and have proven that they will make a success of wherever they go. I'm quite relieved to see that they've decisively chosen the Poly K ship over Poly R. I also think if they don't get what they want for the Russian assets, they can just leave them in situ, and load them with debt to either pay off of go bust. It's a win-win for the new Poly.

GWM121: A bit late to the party; we've been discussing this for weeks. As a short breakdown:

Before the end of this month (30th of June), your 'easiest' option is to contact ii and ask for paper certs. The certs themselves are fairly useless, and become completely useless after the redom in mid to late July. BUT, as J-A-B stated, the act of asking for certs means the name is changed on the ownership of your shares. If you do nothing after asking for paper certs, your details will be transferred onto the AIX registry when Poly moves to AIX in July, and you will maintain ownership of your shares in the company.

HOWEVER, if you want to 'keep track' of your holding, Poly has made an arrangement with the AIX app providers: Tabys. You can register your certs on the app, and you can get RNS communication, vote, and stipulate/change which bank account you would like the dividends sent... all through the app. You cannot buy or sell shares on Tabys, but you can in future set up an account with a Kazakh broker and transfer your Tabys shares to them.

COST:

The cost of requesting paper certs from ii is £0 (Poly is paying for you).

There is no cost for registering your shares on the Tabys app

ACTIONABLES:

1. Contact ii and request paper certs - they will walk you through the process

2. Contact Polymetal for them to send you a unique access code to register in Tabys. (Tabys is usually only open to Kazakh residents, but an agreement has been made between Poly and Tabys.) To get the code, send the following details to redom@polymetalinternational.com (with the subject “Tabysaccess code request”):

•First name

•Last name

•Date of birth

•Mobile number with a country code

•E-mail

Once you have your paper certs and Tabys code from Poly in hand, follow the instructions on the instructions sheet:

https://www.polymetalinternational.com/files/en/Tabys_guide.pdf

If you miss the deadline of the 30th of June to request certs from ii, your holding will be sold off by ii for peanuts. So don't miss the deadline. Your other options are to sell you shares this month in ii, or open a brokerage account in Kazakhstan and move your shares over. Paper certs + Tabys is the easiest and cheapest route and keeps all your options open for the future.

Hope this helps.

I don’t think HITS thinks he knows better than everyone, though I suspect he knows that he knows more than BV and his rabid pack of attack dogs. As a bare minimum HITS posts are well-researched, well-articulated and provide useful thought experiments to test whether you should be investing. From BV we get a brainless, angry defence of the, often, indefensible.

Stan: Couldn’t agree more. From the moment this all started, you had these idiots in they’re mother’s basements reasoning that it was patriotic to spend their days attacking any investors that had exposure to Russian assets (whether or not the invested companies had any involvement in the Russian state or not). Hundreds of companies that did have a connection with Russia or the Russian military were rightly sanctioned. Some, like Evraz, were also sanctioned despite having a very tenuous connection.

Poly was deemed to not have any connection and, even now, the recent sanctions - if you read the US ruling - were not because of any connection to the Russian gov’t, military or sanctioned invidious, but because the US want to hinder certain precious metals from being mined and sold outside of Russia.

But for BB and his little army of freedom fighting keyboard warriors, the fact that the board were born in Russia is enough to make the company and anyone invested in it guilty of war crimes. It’s both laughable and sad, though they can’t admit it, that this all comes from a heavily bigoted outlook on their part. It’s one thing to be against what the Russian state has done and is doing, but quite another if you see everyone born in Russia - or do business with those born in Russia - as complicit.

I think we’ve established that BB does need some professional help. Who on earth spends their life writing 10,000 posts attacking one company. With time maybe friends and family can maybe intervene and show him that, far from helping anyone (in the Ukraine or otherwise), all he’s done is made a right tit of himself to perfect strangers 10,000 times.

As for the rest, we could make a book out of all the doom and gloom predictions that haven’t come true. In just over a month Poly will be established in AIX and we’ll take it from there. I am cautiously optimistic that shareholder value will be returned in time through dividends and eventually - with the FTSE relisting - through SP. Of my investments, this is certainly the 10% allocated to higher risk, high potential return… and am quite happy with that. My calculus is that this is a safer bet with similar potential returns to any AIM speculation.

Can’t read the response, but here’s my guesses (broken record comes to mind):

1. would bet all my investments BB didn’t respond to the simple question of how many of his 10,000 posts are are directed at one share (that he’s not invested in) and whether he considers this sane behaviour.

2. I’m sure he also banged his ol’ get financial advice drum, as though he’s invented the concept and, at some point, congratulated himself on having discovered the bleeding obvious (as he nails one more something into something) and pats himself on the back for having discovered that 2+2=4. Guess what pea-brain?: Most people on here would have gotten independent financial advice from brokers and/or advisors (I certainly did) and are using this as a forum to share it - which we have done quite successfully. Just because you aren’t smart or interested enough to know what we were talking about most of the time, doesn’t mean it wasn’t collaborative and helpful (as many many posters here have stated).

3. Warned of some massive conspiracy that is soon to be uncovered where everyone is getting hoodwinked by a select few and all their hard earned shares will instantly vanish. (I suspect before this he was arguing that 9.11 was an inside job by the CIA.)

4. Warned against rampers. This one has always confused me because with no volume, big spread, and more and more limited buying outlets, the SP going up or down doesn’t really benefit anyone - as most of us actually can’t buy and won’t sell and, if we can, the spread makes it a money losing venture. If anything, I should thank him and his deramping team (although mainly the sanctions/New York Melon pull out) for having depressed the stock so I could do my last top ups at 1.70 and 1.65 over the past week or so. None of this is surprising though. BB would have to have a basic knowledge of trading to know that ramping or deramping is fairly pointless at this stage… which he doesn’t.

Well, BB your time on this forum is almost up. It is all winding down and you’ll be left with some hard choices. You can try to sneak into the telegram group and keep the show on the road a bit longer until you’re rumbled. You can double down on therapy (my personal suggestion). Either way, I’m putting in my request for certs and Tabys code next week so my dice will be cast and my route forward confirmed. I appreciate those who shared their broker information and communications and/or thoughts on best way forward. I for one have found it helpful and (listen up BB) it aligned well with the independent advice I was given. Best of luck…

bb: are all of your 10,000 posts on lse directed at poly or did your therapist suggest at some point that you should branch out with a new outlet for your psychosis? no real point responding… filtered.

incidentally, if after post after post after post no one likes or responds to you, it’s a hint that you’ve been filtered by the entire community and are essentially ******* into the wind. as a thought experiment, to help you with your recovery, go back and see the level of interaction with your posts and reflect on whether this has indeed been a life well lived.

Great post HITS: You know my vote is primarily E) AIM is a madhouse ruled by sentiment. As I’ve stated before, there’s an additional issue of what ANGS does with its income. If the market doesn’t trust ANGS to (re)invest wisely, then the amount they generate each year is fairly meaningless. This is where I’ve stated that dividends are the great regulator. If ANGS says that they will provide a dividend or special dividend of, say, .5 p per share, then the disconnect between income, assets and share-price gets corrected overnight. Now, I don’t think that ANGS should necessarily give a dividend - it’s a classic small cap growth company and they should be looking to, well, grow - but if their main goal (as stated repeated) is to return shareholder value, then I suspect a dividend would be one of the only ways to convince a very sceptical market.

Carltt:

Re. Mad Vlad screwing all western shareholder: May well do, which is why all of us are quite happy ‘only’ doubling or tripling our money with Poly K, which has nothing to do with Russia. The Russian assets are a cherry on top (though potentially quite a big cherry). No jog on and find some meaning in your life other than trolling a board that has nothing to do with you. Have a look at BB, and see what a sad sop you’re likely to become if don’t escape now.

P.S. if you’re going to quote someone to themselves, at least have the decency to not misrepresent them. I was obviously referring to a scenario in which sanctions - which do not presently exist and may well never exist - come into force. In which case all shareholders should certainly make sure they are abiding by the laws of their resident country. Rebellious idea that…

Hopeful: yes, I suspect you’re right (about having shares in both companies)… at least in the first instance after the split. Furthermore, as things stand with EU and UK sanctions, HL would likely hold Poly R and pass on dividends. I wouldn’t bet on how long this state of affairs will hold with Poly R already sanctioned by the US. As I’ll be holding in Tabys, I’d feel more confident that I would continue to receive dividends from both companies in perpetuity - as there wouldn’t be any mechanism automatically stopping the money from transferring into my nominated account. That said, depending on their citizenship and residency, shareholders may need to take advice on if it is legal/permissible to receive dividends from Poly R, if it becomes sanctioned by the UK and/or EU. I would think if that happens, things would also go a bit crazy with the HL holders, with HL unlikely to continue to hold Poly R. That said, they did continue to hold/freeze Evraz shares when they were sanctioned, so maybe I’m being overly pessimistic.

reading through the company documentation. j-a-b’s take sounds right. poly r would be the aix & moex listed entity, and the new poly international (poly k) will be the spin out (initially on aix and then cross-listed with ftse). this plan for a dual listing was mentioned in the recent kazakh interview. having gone through this with gsk & haleon, shareholder will be entitled to the same number of shares in the new entity. the value is split between the two companies overnight when the new entity starts trading. with gsk, it took quite a while for the combined value of the companies to be realised in terms of shareprice, so it’s usually not a great idea to sell either immediately after the split.

questions investors should be asking:

1. for everyone: what happens if you don’t want to continue to hold the old poly (i.e. poly r). my guess is you can just choose to sell on aix (if you can and, for instance, aren’t locked in… e.g. hl holders). i can’t see how a company share buy-back, or offering more shares in one company over the other would work in a way that is fair to all shareholders.

2. hl etc. customers: will the broker continue to hold your original shares once it’s effectively poly jsc (i.e. poly r)? i assume they could easily hold aix shares in the new spin off, but i would want confirmation of that. they quite unwillingly agreed to hold shares in one aix listed company, are they willing to hold in two?

as for bb, filtered so don’t know what he’s going on about, but i’m sure it’s the usual *******s. general rule to be a good trader: ignore ‘insights’ from sad little men that spend their entire day trollling a company they aren’t invested in and from which they haven’t read any company information (for which poly provides quite a lot).

No problem. I’d been trying for two days to figure it out. I asked my wife - she did 6 months of Russian Duolingo because she was in the early rounds for the ESA Astronaut recruitment - and she showed me the Cyrillic keyboard on the iphone. We both thought number 4 looked closest to the UK, but when we translated it, it came up as Antigua. Anyway, someone on here said it was number two on the list, and when we typed it into Google translate in Cyrillic it turned out to be correct. = P

Newdealz: I might have missed something, but you do know that the UK is second down from the top on the location list in the FF.KZ app? If you type that second one into google translate - using a Cyrillic keyboard on your phone - it confirms it’s the UK. I get it’s confusing because the reverse translation doesn’t show the term they use. All the other questions/answers are fairly easy to figure out with the Das and Nets.

I think it’s important to remember that not everyone is in the same situation. I’m with ii and certs is the obvious way to go (main way, really, as they aren’t offering to hold - along with transferring of course). Those with HL have an obvious option (keep them frozen with them) because they aren’t offering certs. We saw the spread come down today so theoretically you could sell in HL and buy with ii etc. but that too is risky and you will lose a not insignificant number of shares in the process (circa 2.5% unless you get lucky with your timing).

For us certs/Tabys lot, I’m still wondering how I’m going to get my certs out of Tabys and transferred back to ii if/when Poly K relists, but am hoping Poly will give guidance on this for its investors - and makes it easy for them.

We’re all basically in the middle of an uncontrolled experiment and we’ll see soon enough which route works out best. BB was wrong about every one of his doom and gloom predictions. I’m glad I’m still invested here at the average I am, but there is definitely more uncertainty here than with any share I’ve invested in. Good luck to all…

Just-Another-Bot: good point, but still think there’s no chance HL will continue to hold when the AIX Polymetal International listing effectively becomes JSC Polymetal. I could of course be wrong (HL does love the status quo).

Jotom: I honestly can’t envisage how it will play out. We’ve heard talk of cash, or extra shares in whichever one you want, but that’s just speculation - and I can think of loads of problems with each option (1. Is effectively a share buyback and 2. Doesn’t ensure fair shareholder value). I think ‘there’s a chance’ you’ll be given the opportunity to sell your Poly R shares on AIX - but you won’t get fair value if everyone is dumping and anyone with their shares locked (e.g. in HL) won’t be able to sell anyway. My plan was always to hold Poly R anyway.

This all goes back to my point: HL’s offer, while better than anything else they are offering, isn’t for me given the choice. There’s going to be major upheaval, and I think flexibility with your shares is vital to ensure you have options going forward. I’m not an idiot, keeping it in an ISA is tempting and so is not having to do anything when Poly K is relisted on FTSE, but the risk of losing the Poly R assets for nothing would be too great for me to consider freezing them in HL.

Echo: According to Poly’s timeline, in less than a year, the company will likely split into two. I suggest that when that happens, your investment in Poly R will indeed disappear if you’re still holding in HL. I don’t think there’s a snowball’s chance in hell that HL will continue to hold a newly created sanctioned AIX (or maybe only MOEX) listed company. At that point, I suspect that you’ll have to beg them to offer certs to go through the rigamarole we are all doing now.

Jotom: My 1/3rd v. 2/3rds split is purely based on income generation over the past years. As to the rest, I have no idea. The main reason most of us are sticking with the company is because of the BOD. I trust that they will continue to act professionally and not screw over Poly K or Poly R shareholders by ladening one of the two companies with all the debt. But, yes, from what little I understand, Poly R may well get more than the 2/3rds of debt due to recent acquisitions and all the developmental and exploration commitments they have in Russia.