Member Info for rustybucket

Yes the company could have put out an RNS.

But, it is not the bods fault that PUTIN is an idiot and has invaded the Ukraine. The sooner people realise that PUTIN, is more lethal than Bid Laden and others and take him out the better.

Poly has recovered a lot of ground as it was 50% down at one stage.

Any one getting in at these levels has excellent prospects for doubling their money in the short term, but its one for the brave the way thing are going

Have put out an RNS probably scratching their heads.

Polymetal International plc

Response to the escalation in Ukraine

In response to the escalation in Ukraine, Polymetal reports that all its operations in Russia and Kazakhstan continue as usual. The sanctions announced to date have not affected Polymetal.

The rapid deterioration in the situation in Ukraine has led to a material increase in possibility of additional and more severe sanctions to be imposed by the EU, the UK and the US. The scope and impact of these new potential sanctions (and any potential counter-sanctions) is yet unknown, however they might affect key Russian financial institutions as well as mining companies. Polymetal believes that targeted sanctions on the Company remain unlikely. Contingency planning has been initiated proactively to ensure business continuity, including selection of key equipment suppliers, liquidity management, debt portfolio diversification and securing sales channels.

Polymetal reiterates its production and cost guidance for 2022 and confirms release of its 2021 financial results on the 2nd of March 2022.

Im pretty sure they cant kick POG out of LSE, if they did it would also affect POLY, and lots of other companies, and would lose the confidence of investors.

Lets just hope this is resolved soon and there is not too much loss of life. That is more important than the share price.

23-Feb-22 16:40:30 13.70 2,065,024 Buy* 13.28 13.37 282.91k UT

And Lawrence13, if you read this post, you really need to think long and hard about some of the negatives YOU are posting which might just distract smaller investors.

The larger buyers wont take anything off this board with a pinch of salt, but the smaller "punters" might well do so, so if you do want to get the price up to something like it was, start scrolling for "some positives" and stop the inane squabbling, although I do realise it takes at least 2 to tango.

Lawrence13 unfortunately no one ois going to buy your shares off you at 35p when the price is less than 13p. I remember both Retired Banker and myself suggesting that you shouldnt really have " all your eggs in one basket" but, presumably you ignored that.

I also said if you did feel that Strukhov is such a crook that you should sell ( the price at the time was considerably higher than now )

That is the benefit of hindsight, something we do not have.

So, I will ask you a couple of questions, Are you using full ISA allowance each year, have you used any of your capital gains tax allowances, and why are you so much on the defence of both Peter and Pavel.

As for the KPMG report, I just hope the money it has cost to produce this report , can be re-couped and whether it has any value at all, and "if" as I do believe that unless its proven, then it is just hearsay, we will be able to recover any of the monies "supposedly lost"

You have been here a long time, like me, you have seen far worse times than we are at now, and have seen the price recover, before dropping again. I just hope that we can get some arbitration and agreement with Russia and the Ukraine which can settle things and avoid bloodshed, then see how much of a bounce we can get. Time will tell.

As a footnote for rbrand, Lawrence 13 has been a poster on here for over a decade. He has contacted investor relations on a number of occasions over the years, and has provided a lot of information. I am 100% certain that he is a genuine poster as he has given an incite into his life over the years.

I just wish you take your bickering to facebook or keep it in the ADVM board.

This board years ago used to be one of the best boards around, with very informative posts at times and very little bickering.

I personally long to see the time when we can get a more informed , less bitter discussion on this board, but alas I dont see that happening soon, which has probably encouraged some of the posters to stop posting. Fingers crossed we can see some upside soon.

I also said it is never a bad thing to take a profit at times. Thats in the past though, and we can onl

CoFe, I would suggest that at the moment that is futile, as we have no idea of production, no idea of how much third party concentrate we can buy in, and at what price. All guessy games, and I am waiting for 1 poster on her to get remotely close to the facts.

I remember someone on here posting years ago we would be making 200m per year and debt free within 5 years ago,

I am still waiting. Once pre-pay gold is paid off, it might give us an idea of the direction we are going to, but, untill this company manages to stop finding ways of spending any profit we make, ( except for proper debt reduction ) we are going nowhere fast, albeit I am talking about from low 20s where we were at , before the Russian war woes started.

Where have POG Plenty of cash ???

clarav, what is your point here, worrying investors, you are nothing but a clown , " with an agenda "

In addition there was about 250 million shar4es in issue at the time POG was nearing FTSE 250, There is now close to 4 billion.

Once the convertable bonds are converted that eill be more than 4 billion. At £1 as share that would be a market cap of £4b plus and in FTSE 100,

That is not happening any time soon, though for obvious reasons , I do hope I am wrong.

finderskeeper23 if you dont know about the rights issue you are simply deluded and your posts are worthless as you know nothing about the company. As Freddie alludes to the share price was well over £10 and there were rumours it could get into the FTSE 100. They then got themselves into a whole amount of trouble with Hambro gamblin on the gold price and putting his shares up as security. He lost !!! Pog then spent hundereds of millions on the POX hub, got themselves into a load of debt, issued bonds to bondholders, and when these were coming up for maturity the bondholders forced the company into a deeply discounted rights issue of 15.7 for every 1 share held, at a price of 5p.

A bit after the rights issue the shares actually feel below 5p before recovering to mid 40s.

There are a number of long term posters who have been in since before the rights issue. So before making your statements I would suggest you do your research and get your facts right .

Right on the bell, couldnt get the trade online so broker had to call dealers direct got in at 13.22. Fingers crossed. These are not long term, just a punt.

nob

Historically that was before a 15.7 to 1 rights issue.

Do your research !!

Personally I dont see this EVER, going to £1, in my opinion there are too many shares in issue.

I do thing there is very good upsaid, all things being equal. But, it will take time.

You wouldnt be able to buy or shares when in went down over 10% because at that time, there is a time to ensure trades are matched and trading temporarily for normally about 10 minutes, this is common practise.

Lawrence13, I still believe in the good ship POG.

Yes, she is now out of coma, still have not found out if it was induced come, but, thinking it was, still not very well, very weak expected to be in hospital for at least a couple more weeks, but hopefully on the recovery road. Thanks for asking.

Not as far as I know trying to get more details, I did suggest that might be the case, but unsure at moment