Member Info for rustybucket

Sharenicelynow. Thank you for posting that link. Very interesting. Especially when they were saying, that although there had been a large increase in turnover and profits, that they expected this to grow markedly this year, as they expand even further.

If what they talk about it achieved could be very, very interesting. I would recommend all investors view this as gives a very very good insight nto the business.

Very queer post Lawrence13, for someone who says they have just bought more ?

IRC: 2020 FOURTH QUARTER TRADING UPDATE CONFERENCE CALL ADVISORY
the 2020 Fourth Quarter Trading Update will be released on Friday, 29 January 2021 before the HKEX’s market opens.
A teleconference call will be held the same day at 14h00 Hong Kong time: Access Number +852 3018 3000
Participant PIN 325479# Presentation slides to accompany the teleconference may be downloaded in advance at http://www.ircgroup.com.hk/en/ir_presentations.php

Investor3, seriously, Give it a rest, We are not losing heavily every day, the truth is, we are not getting big swings either way, it hasn't moved 15% in total in 2 months. And it is higher now than what is was 2 months ago.

If you are long, the swings and roundabouts are what shares are about, they very rarely, if ever, go up in a straight line.

The price will move upwards when there is a reason for it to move upwards, i.e when gold price moves markedly higher, when the company announce "Real" Positive News, if we can see debt coming down quickly, if we can see cash balances going up quickly,

It will not go up with Lame updates and excuses. Because in my opinion thats what we got a few days ago. I EXPECTED a bit more positivity going forward, and a higher cash pile.

It was a positive to me to see the proper amount of debt and cash pile shown separately, but it was not an update that would inspire me to put more in now. The reality is, Show me the Money POG, then the share price will reflect that.

if you want to look at shorts, just look at the Tremor board on a share that has gone up massively ( its a games company ) that some say are losing money rapidly, but it is heavily shorted and there is a campaign online to try and burn the hedge funds. It was over 100% in one day and over fivefold this year alone, Crazy times, and someone will get badly burned playing with that type of fire.

Investor 3 they didn't close there shorts when it was over 40p so they are not going to do so now.

It has been widely said that the short, is probably an arbitrage play against convertible bonds. I don't know that, but it is a very good assumption.

Polymetal 16410 POG 918 TODAY And that with Poly having 472 million shares and POG nearly 4 billion. Until POG can produce results that say " Look at me " we will languish behind.

The positive is they have changed from "net debt" to actual debt and then a cash position

Debt Principal and Cash

§ Debt principal outstanding as of 31 December 2020 was US$538.0m (30 September 2020: US$542.8m), the change relating to further conversion of the US$125m Convertible Bonds in Q4

§ Cash (unaudited) as of 31 December 2020 was US$35.4m (30 September 2020: US$68.5m) Negative is cash position has actually dropped ??

Somebody mentioned last week, that they thought the new team might suppress results in order to make them look good next year, which is of course what Pavel did.

But, having a quick look, the results, in my opinion are disappointing, production is down, gold price is up ( The company has no effect on what the gold price is ) debt is down, but only because of the converted bonds, forward pricing of gold repayment was minimal, and cash balances were also down.

Some one mentioned that due to covid19 they thought the results were not bad, How has Polymetal done this year ?

No, I expected a bit better fourth quarter, I remember years ago, POGS production being well down due to floods, they massively ramped up production in the 4th quarter to nearly get there target. It is early days for the new team, time for them to make there mark.

I wonder when we will get an update on Temi and IRC.

Overall, in my opinion, an uninspiring update , but well done to the workforce and hope they stay safe.

aimtitan, there is NOTHING to suggest that to date. IRC is doing enough to pay its debts and not much more. If you are going to post things like that back it up with figures.

KRSS Do you live on a different planet to the rest of us. 5p dividend, Not a hope in hell, if and when they do start dividends it will not even be 1p in my opinion. It will be a token effort until more debt cleared.

Lawrence13 if results are bad they are duty bound to send an RNS AND GIVE A PROFIT WARNING, so I don't think thats going to be the case. We need to remember they already have a large write down on the previous converted bonds, so whats more important, ( in my opinion ) is what the 4th quarter looked like and most importantly forward guidance for this year.

I would like to see comments on other items, such as IRC semi, preparation for next years bond maturity, but not sure whether they will be mentioned. Hopefully POG can be in the spotlight for the right reasons.

Updownflat, yes they are normally at a similar time, and IRC NEEDS to report good numbers, because if they can not provide good numbers when Iron Ore price is high, they never will.

If they were to achieve good results, and amir bridge was too open it would provide a very large boost to IRC.

More importantly , when Pavel got ousted and then got back, he pronounced how well he had done and all was well.

Will new CEO try to make his mark ???

That used to be the norm. People speculating, and the majority of the time being wrong, The fact of the matter is, I am just seeing if people are alive, this board has been so quiet recently.

I am very surprised there has not been more comments and guesses on possible 4th quarter results, I just hope that they can give some positive updates and profitability.

I am still very confident about the companies prospects.

The Company will announce its Q4 and FY 2020 Sales & Production Report on 26 January 2021. The production and capex outlook for 2021 and the release date for 2020 Annual Results will be announced separately.



The Group reported, in its Interim Results of 30 October 2020, a lack of co-operation from a small group of senior employees and ongoing related legal hearings in Russia. These matters have improved markedly in recent weeks, with co-operation restored and a further update will be provided at the Group's Annual Results.

I am not really a fan of Onions. lol

They did well to get 15000 on Friday, at this price. Tremor International Ltd (AIM: TRMR), a global leader in advertising technologies, announces that on 22 January 2021 it bought-back 15,000 ordinary shares of NIS0.01 each in the capital of the Company ("Ordinary Shares") in the market at a price of 469.4 pence per Ordinary Share. The Ordinary Shares acquired pursuant to the Buyback Programme will be reclassified as dormant shares under the Israeli Companies Law (without any rights attached thereon) and will be held in treasury.

iF everybody who owns bitcoin, called in their money it would collapse, simples, as it has no more value that my "Fresh air drops", which incidentally, have not caught on yet. Time yet when the bitcoin bubble bursts. The only reason bitcoin is successful is it is heavily hyped , these people who are hyping it, must be getting a cut.

Bloody hell Pensioner 167, I think he got quite a bit of abuse at the time from a few, I think he said he was going to stop posting. Who remembers Potty Time and Lady no luck, and what about Becky ???

I get bombarded with e mails every day with bloody bitcoin. I am sure some will be gullible enough to invest.

I am starting to sell fresh air drops. £100 per bag. Any takers ??