Member Info for pipsjunky

To clarify...I will stay on the BB as I most certainly would like to get back involved "should the risk become tolerable for my appetite".

DGR - I always find it confusing people being on BB's spouting without critical and factual reason. I'd always try to be transparent in my appraisal. Thats definitely not designed, at the detriment to anyone else decisions. I do honestly believe in the company and hope for those who do still hold, I end up eating my words.

I will stay on the BB as I most certainly would like to get back involved. I'll post information pertinent to the company, for all to make their own educated decisions.

PI's making money makes me happy....PI's losing money is good for none of us.

Blue, you've sold POLY Russian assets to a Russian, you've been paid in Rubles....what next? Buy bitcoin?

I'll lay my cards on the table, today I sold my holding...and will most certainly not criticise those who are steadfast holders, and wish make a buck or two. The risk in my eyes has elevated to a point above where I could have any clue of likely profitability. But know this, the company as it stands, is a good company, should the political landscape change, I wouldn't question reentry.

JAB... a split was never my first wish, however it was an option on the table. This decree from its implication, may also affect management buy outs and restructuring, without presidential sign off.

It will make it hard for poly to change from its present form, that doesn't mean it will affect its ability to make profits. Our only concern, is those profits and potential dividends, making their way into our pockets.

Hey Alicia, Have a read further down on the decree, item 6, it extends to gold and subsoil entities.

6. Shares (participation interests) in entities which are users of subsoil blocks which are:
located in Russia:
have hydrocarbon deposits containing at least 20 mln tons of oil, 20 bln cubic meters of natural gas or 35 mln tons of coal, or deposits of uranium, high-purity raw quartz deposits, yttria group of rare earths, nickel, cobalt, tantalum, niobium, beryllium, or copper

primary diamond, gold, lithium, or platinum group metal deposits located in the inland sea waters, territorial waters or on the continental shelf of Russia.

Russian President Vladimir Putin issued a decree imposing an overall ban on transactions with certain assets, such as securities in certain Russian companies and interests in certain Russian investment projects, if these securities and interests are owned by persons from the so-called "unfriendly states" or persons controlled by such. Assets include shares in certain Russian major entities, energy and subsoil companies and projects, and Russian banks. The new ban restricts the ability of investors to exit from their Russian investments or to restructure their Russian holdings without specific permission of the Russian president.

Signed by Putin on the 5th August, POLY MOEX starts to pump W/C 8th August.

Those believing a split and sale of Russian assets it a home run, should familiarise theirselves with the Russian decree 520.

bankrupty don't forget India.

https://www.thehindubusinessline.com/data-stories/data-focus/rbi-added-63-tonnes-of-gold-to-forex-reserves-since-last-july/article65710887.ece

Blue - Id suggest revisiting the latest webinar.

Blue, to clarify, they said it is one of many options on the table, by no means a foregone conclusion.

Blue, only time will tell who the deluded ones were. Some will win, some will lose. But you have no better idea of the future than anyone else. Simply opinions.

https://www.defenseworld.net/2022/08/15/polymetal-international-plc-lonpoly-given-consensus-rating-of-moderate-buy-by-brokerages.html

Volume already matching 10 day average, before mid-session on LSE.

8 out of 10 references time frames, showing buy/strong buy signal.

Attempting to predict when a "war" (sum of all battles) ends is simply folly, each of us will have our own opinion based on vague, pre-approved, snippets of information, from the untold tapestry of truth. Those who are in control of the wars (political leaders and their backers, not military leaders) will not pay so much attention to the battles won or lost, but the larger economic picture. That of inevitable transition.

https://youtu.be/xguam0TKMw8

The true investors among us, will zoom out and comprehend the larger picture. My personal feeling is that we are at the beginning of the 20 year transition...things will no doubt get significantly worse, before better, Ukraine being of small significance to the grand scheme, Taiwan being the main event. If history is anything to go by, hegemony only lasts so long....I don't think that'll change in our lifetimes.

Sometimes we have to put dogged patriotism and ego to one side, the financial markets don't care for either. The likes of Pelosi and Co placing their option trades ready to monetise policy/economy change, should be all you need to make a credible appraisal of the situation.

My believe is that, whilst POLY has a foot in both camps (East and West), which brings its challenges, it is better placed in a transitioning market. However, like the ending of any relationship, the disgruntled ex will do all they can to scupper your future, even cutting off their metaphoric nose, ultimately it only slows your assent to a bright future. The POLY management team, hopefully, will be focussing on the longer term strategy, not short term reactionary change.

The economic war will dwarf any physical war thus far. Next steps, interest rates tank, $ devaluation.

Cawn, it's great people, who plant trees, they will never sit in the shade of.

Cawn, I often think of you and your investment friends down the pub, mulling over POLY. I hope you're all well and enjoyed the recent sunny weather?

Trades and ND.... much the same, just back from Spain, a lovely little place called Moraira. Weather, food and drink kept my mind well away from this BB....well recommended beautiful place. Some amazing villas, if POLY comes off, I'll be investing in sun drenched property :)

Anyway....nice to see some slow and stead consolidation. Whilst I day dream of ice cold Mojitos on the beach.

Blue,

You are funny ""that was a classic AIM gambler response", everybody has to be pigeon holled one side or tuther""

Moaning about being pigeon holed, by pigeon holing?? Couldn't make it up, all in the same sentence too. Ad hominem maybe?

Politics, history, dogma and hyperbole seem to be your best subjects, not investing. I don't mind the contrarian view, but only when served with lucid rationale.