RE: Nesis21 Jul 2022 14:54
Directors skin in the game. August expects them to sell Gold reserves, with more news in September. Update in their split plans could happen anytime
Solid RNS’s and interviews however SP currently taken a beat but that’s because lots of Doom and gloom from posters clouding judgements
Risks are here but they’re fairly minimal compared to the upside. Quite ridiculous how POG is even being mentioned in comparison - these are totally different situations and poly doesn’t sell to sanctioned Banks or countries - not in any mildly significant amount
Revenues generated from Kaz alone should value this between £4.50 and £6 depending on generosity
Russian assets valued £5-7 but let’s call it £3 just to give a massive discount to a purchaser
That’s £7.50 to £9 at least and this can be achieved quickly if they decide to accelerate plans
I see no reason to though, best wait for war to either cease or at least be put on hold during the winter seasons.
Stockpile of Gold shouldn’t be brushed off. Selling near the lows could actually cost them hundreds of millions of dollars. Patience and selling to Asia at even $50/oz more is very very smart
There are more updates to follow, stock is hard to buy sub 190p. This should be 233+ minimum, even if it stagnates there for a while. Anything below is a strong buy for this top 10 gold producing company who have skin in the game and are heavily invested- wanting the same outcome for us. You can bet they’d like to see £10 again - and are doing everything in their power to maximise gains
A sale of Russian mines could yield a special divi of £2+ , with the remainder paying down debt. Making poly KAZ worth £5 (over double current price) and giving investors (and directors ) at least £2 special divi which is even more than the current price