The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Good news stockpile is rising and now poly just need to sell it and wind down debt. Q3 on target to keep selling to asia. RNS as expected, no red flags but nothing extremely bullish. Next RNS should hopefully show gold sales
Seems they’re tackling all angles to keep all options (inc selling) on the cards. My view, is they will not end up executing this unless absolutely necessary but weather out the storm and then enjoy the rise up. In as little as next year poly could be near debt free plus issuing dividends
just because there was a bounce those derampers went long. now its not oversold (like before) and heading that way to fill some gaps before the next news, you'll notice the moppits starting to drivel again trying to talk the share down so they add back for cheaper [maybe they sold for 10% at 5.4p and want that price again. wouldn't be shocking]
POLY and EUA looking strong - Russian news must be pushing it. Poly might be a lot higher before next weeks RNS then £3.3-4 range to break next
too many derampers festering this board since the war. drowning out the good posters
metals remain the same. prices of them likely to rise steadily in years to come. tier 1 global asset which the market valued at over £1bn at one point - with no sale and no NYUD. This moves quick and bargain prices to be had
Sometimes I hate work. Missed the top up opportunity with the last reserve cash. Not even thinking about slicing anything under 350-400. after £4-5 will fully derisk and add along the way on any dips as the years move on. I cant shake this feeling that in 2-3 years we'll look back at £2 and think, wish I added more. After it does 3-4 bags
post war, gold back above $2000 and this (x)FSTE100 immense Gold Miner will be raking it in
Hence ‘Trying’
Funny how it’s on the red days the cretins come out the woodwork. Sad low lives try to spend more time than they should talking down a share especially on a corrective short term downtrend. This aids their lower buy in price at times when enough fearful pi sell. I’m any case. Now 200 support established I’d like it to rise and then re test 200 one last time before continuing up.
RSI is down in the mud at the moment and due a rise - last time rsi was this low on the 1h and 4h we did 30-50% very quickly afterwards
and just like that Novice, Pip, AT trades, and CT come trolling the board trying to push the price down. guess the rise must'be caught them out and they sold way too low. goodluck getting those entries, you'll only be waiting forever.
theyre willing to take above 30,000 shares for a decent wedge. looks like the stock is needed
Technicals say its bottoming out and theyre willing to take large amounts of shares as they need them.
CT and Foor are trying to entice others to sell - just look at Foors history. Bragging about how shorts took it down last month, saying that its going lower. we did +25%.
CT anf foor probably the same person or part of the same muggy short crew
bought 5000 shares myself today cant say no to this price
Don’t know why ppl who want lower entries try to deramp on this board thinkinghnit makes no difference
Quick reminder of the fundamentals- this share price is undervalued based on khazak and todays price of gold ALONE. They have a large inventory of Gold and their Russian assets are worth a pretty penny even in the current environment
This world class board has not let us down despite the challenging circumstances over the last 6 months. There is a major disconnect with the share price and the Russian Polymetal price reflects this. Months ago 180 was a gift given to us, then it was 190 now it’s £2. This rose to over £4 in March/April time and the highs pre war exceeded £15
Many bags left here and the next wave should help us get to £3. Nothing goes up in a straight line and eventually even £3 will become the ‘gift top up’
As POLY offload their gold and create a healthier balance sheet as well as continuing to mine as per targets .. then this is a solid company
The spread is designed to shake the weak and not allow folks to buy dips easily. Transfer of wealth from pi fish to big whales
BB, Pip,are all here to talk down the share. One whiff of poly not rising and they attack the bb like hound dogs
As for the degree pallava. It has been discussed to death and clearly isn’t of material impact to poly for now. Even during the news poly continued to soar +10% and moex even higher
Shake out - but not one of significant. 5% lower than yesterdays close. More if you wanted to sell which is absurd at these prices. With an update due now this seems like the typical shake before the news. Charts indicate a bounce due, nothing to warrant this drop. Probably consolidated in order to have a stronger leg up. Market cap atm is extremely low.
Filtered pips for consistently pumping out jibberish. Nothing better to do all day than write constantly about a stock on an anon bb , a stock they’re not invested in. Trying to push their opinion down others throats pretending it’s ‘in fairness’, typical deramping behaviour - he’s probably short (pun intended)
Green bin
Spread is nasty. Won't let you buy anything for cheap but will take shares for well below bid. the few sellers getting absolutely ripped off here, whereas buyers arent getting a fairer price in comparison. spread 203-220 ! nigh 10% absolute criminals
good thing is consolidation has occured just like previous legs and next push up should break 240. RNS could be a catalyst for this but one suspects buys and gold price could also achieve this soon
Poly still looking strong on MOEX
Sitting comfortably at £5.32 equivalent
(+145% from here)
Decent run up last couple weeks. Nicely consolidating upwards. Quick chance to buy around 220 again, RSI on the hourly in oversold territory
Last time it was this low we went from 160 to 230, and then 170 to 260
August gold sales must be taking place as Poly slowly sell it at favourable prices
Lb, firmly agree with you here
PUSU actioned by the bod in order to hurry things up. buyers could be trying to bide their time to aquire for as little as possible and now EUA are not waiting any longer and will be ready to release DFS
DFS will certainly add credibility and push value of EUA much higher. Lots of events in November which i personally hope to be the culmination and sell for whatever price. not fussed about the price that much anymore. just want this to sell this year so capital can be redeployed to other undervalued shares.
glad EUA are crackin on with it and perhaps putting more pressure on buyers to have this sold. lots of comments about the bod not selling this but in reality, post war, theyre better off waiting . would you rather have 25p now or 50p later this year type-example (random figures)