RE: Fair overview12 Mar 2022 12:25
Don’t think they will sanction Poly now, because they’ve reviewed it along with Evraz.
Or at least I think they would have.
The other points are Poly is still allowed to trade on the London’s metal exchange.
In terms of Russia Nationalizing the business, you should legally get Russian bonds in return, but I think you could be ****ing in the wind with that one.
Mining is very cash intensive and it’s in Polymetals interest to raise cash on the equity markets.
The board stepping down isn’t a great sign, but who knows.
An experienced Russian Director with mining knowledge, might step into the job.