Member Info for Scooters

Https://zakon.ru/blog/2025/04/14/komplaens_cifrovizacii_na_primere_moskovskoj_birzhi_i_gruppy_polymetal_polimetall

https://smart-lab.ru/mobile/topic/1141334/

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Nesis apparently sold 100% of the shares which owned the Russian assets to a company set up on the 19th January 2024. No activities or employees just a company who is registered in Russia

Russian shareholders taking him to court. Plenty in the UK who would probably join in too...

We understand that after the persons controlling Solidcore Resources plc (formerly Polymetal International plc) withdrew the most valuable asset (100% of the shares of JSC Polymetal) from the assets of this Company, our shares fundamentally lost most of their value. We see that the assets of JSC Polymetal as of 12/31/2024 are RUB 588 billion, as of 12/31/2023 - RUB 444 billion, retained earnings as of 12/31/2024 - RUB 97 billion, as of 12/31/2023 - RUB 67 billion, as of 12/31/2022 - RUB 82 billion, as of 12/31/2021 - RUB 93 billion. This is our money and our dividends. The price of gold is growing and there is no end in sight, production volumes are also growing. And under such circumstances, the management of Polymetal International plc carried out the sale of Polymetal JSC for 4.5 billion rubles to a technical company, Mangazeya Plus JSC . The financial statements of this entity are posted in the public resources of the Federal Tax Service of Russia. And line 4222 of the Cash Flow Statement shows that Mangazeya Plus JSC paid 4.5 billion rubles for the acquisition of 100% of Polymetal JSC shares.

https://bo.nalog.ru/organizations-card/12362611#fundsMovement

We assess such a sale as theft of property from Polymetal International plc, and therefore theft of property from its shareholders. We consider the statement on the Polymetal International plc website about the approval of 96% of shareholders for such a sale to be unreliable, since it is impossible to hold a general meeting of shareholders and obtain approval from 96% of shareholders within the timeframe stated on the website (a little over two weeks), when many thousands of minority shareholders around the world own more than 70% of Polymetal International plc shares.

In March 2024, Polymetal International plc sold 100% of the shares of its main asset, Polymetal JSC, registered in 2024, which has no personnel and assets, to MangazeyaPlus JSC. According to public resources of the Federal Tax Service of Russia bo.nalog.ru/organizations-card/7067330 as of March 2024, the assets of Polymetal JSC amounted to 444 billion rubles, net retained earnings 114 billion rubles, and the buyer of this company, Mangazeya Plus JSC, paid 4.5 billion rubles for its acquisition. bo.nalog.ru/organizations-card/12362611#fundsMovement

As a result, Polymetal International plc sold its main asset at a price 100 times less than its value . The Polymetal International plc website stated that over 96% of shareholders voted for such a sale, which is highly questionable, since it is impossible to hold such a vote within the timeframe stated by the issuer, and tens of thousands of independent minority shareholders own over 70% of the shares of this Company. Following such a sale of its most valuable asset in the summer of 2024, Polymetal International plc changed its name to Solidcore Resources plc and ceased trading on the MICEX-RTS exchange in the fall of 2024. As a result of the said sale, all economic and financial indicators for 2024 of Polymetal International plc (Solidcore Resources plc) became many times worse than in previous years, dividends ceased to be paid, and the most valuable asset was withdrawn from the Company for a price 100 times less than its market value . Thus, JSC Mangazeya Plus received an asset worth 440 billion rubles free of charge in 2024. This fact alone means that this organization has non-operating income in this amount, which entails the need to pay 88 billion rubles of income tax to the budget . Taking into account the fine for non-payment of tax and penalties, the total debt of JSC Mangazeya Plus to the budget may amount to more than 130 billion rubles and entail criminal liability for non-payment of tax

Why Central Banks and large institutions have been hoarding gold. If the USA is going to close its deficit (and it needs to), then it will stop exporting dollars to the world. That means a dollar liquidity crunch and possible sezure of the Eurodollar market. Which means a currency reset.

Basically, if the US has to balance its books, gold becomes de facto reserve currency again.

Comrade Nesis has got this very wrong. Get him sanctioned ASAP. Or sectioned lol

The hotline doesn't even take our requests into account and they will be thrown in the trash.

https://www.solidcore-resources.com/en/investors-and-media/contacts/

here is the contact information for the head of the investor relations department, Kirill Kuznetsov ir@solidcore-resources.com I suggest that he write something like this (if he ignores it, then spam the independent directors of this company with these questions - there are foreigners there and their emails are on the site):

Kirill, good afternoon.

I am a shareholder of Solidcore Resources plc. (I will send you a statement of the Depot account if necessary) and I have a number of questions for the Company, in particular:

1) What amount did the buyer of JSC Mangazeya Plus pay when purchasing 100% of the shares of JSC Polymetal in 2024?

2) What measures were taken by Solidcore Resources plc. to find a buyer for 100% of the shares of Polymetal JSC?

3) Why was JSC Mangazeya Plus chosen as the buyer of 100% of the shares?

4) Who (full name, position) on behalf of Solidcore Resources plc. made the decision on the sale price of 100% of the shares of Polymetal JSC?

5) How was the selling price of these shares determined?

6) Why was the market value of 100% of these shares not assessed?

7) With whom exactly on the seller’s side (full name, position) was the sale price of these shares discussed?

8) On 25.12.2023, Solidcore Resources plc. decided to distribute RUB 131 billion in dividends on the profit accumulated by Polymetal JSC as of 30.09.2023. How much of this amount of dividends was received in cash and when, and what amount was offset against counter-obligations and which ones exactly?

9) For what reason was the profit of Polymetal JSC as of 31.12.2023 in the amount of RUB 67,166,181,000 not distributed?

10) In 2024, Solidcore Resources plc. repaid Polymetal JSC more than RUB 66 billion in loans ahead of schedule with maturities of December 31, 2027 and June 30, 2028. I am interested in information on the dates and amounts of early loan repayments? At what interest rates were these loans received? At what interest rates did Solidcore Resources plc. receive loans and credits in the months of early repayment of these loans from Polymetal JSC?

Which officer of Solidcore Resources plc. and in what manner can I contact to obtain this information?

Mangazeya Plus is a structure created especially for the transaction by the Russian company Mangazeya Mining, part of the Sergei Yanchukov's Mangazeya Group.

https://interfax.com/newsroom/top-stories/99646/

Authorised Capital $176.57 "MANGAZEYA PLUS" owners of Polymetal International Russian assets

3.71 * 473m shares = $1,754m Mcap

Minus $400m net cash = $1,354m

Assume this years EBITDA at c. $700m

We’re trading at 1.935x EV / EBITDA

Miners usually at 5x EV / EBITDA

$400m net cash = $3.9 billion

Which would print an SP of $8.25

Currently trading at $3.71

Third mine to come online

https://jp-kz.org/wp/wp-content/uploads/Teaser_TokhtarGoldDeposits_ENG.pdf

Interesting

https://www.solidcore-resources.com/upload/iblock/502/prime-pricing-information.pdf

Delboy and Rodders aka Mr W and Mr O who are the dictators of the corporate Telegram Group lol pushing company agenda. Oh and the 12 deciples funny as $$$$ to read thier $$$$ while lurking in their group.

From Telegram

Share capital investment gone from RU assets; so SC shareholders no longer invested in RU assets, hence Divestment.

Physical RU Assets Hived Off in case of Divestment no longer a requirement.

Interesting Observation. They received $50 million for 70% of a FTSE 100 previously £8 billion market cap company

If it smells it's........

Wood is the only European platform with access to AIX. You cannot buy shares only sell your soul.

09/24/2024 Quote: Evgeny Monakhov, Head of Investor Relations at Solidcore: "Could you please send us a confirmation/message about their refusal to execute purchase orders?" I would like to investigate this claim because when asked about it, Wood categorically denies this claim and I regularly communicate with investors who bought shares through Wood.

2024/09/25 Quote from Evgeny Monakhov, Head of Investor Relations at Solidcore: “The honest answer is I don’t know, but a reasonable guess would be that shares are changing hands from those with a higher propensity to trade to those with a lower propensity to trade.

They have issued a statement 'SolidCore Resources DO NOT have any official accounts in Social Media other than LinkedIn and Instagram. Any statements purportedly on behalf of a company is DELIBERATE MIS-REPRESENTATION’.

i think there's been alot of horse manure spread around via various channels and it's now becoming to look ridiculous and pretty much obvious. ceo looking like a ****ney barrow boy.

Https://uk.marketscreener.com/quote/stock/SAUDI-ARABIAN-MINING-COMP-6500086/company/

Maaden own 30% of Solidcore see link. Also 10% of IVANHOE ELECTRIC INC

Fact Investors Relations lie. The CEO has lied, they call it slippage. Institutional investors don't trust lies. If you've a big holding in here, it's gone. Russian companies or companies with Russian management are finished in the West. You can take the company out of Russia but not Russian out of the company. How do you not know Maaden is not Russian based in Oman. Too many lies. Great to watch from afar though.

Jotom. When you have the guy who sits with the BOD openly chatting in Telegram Groups caught out telling blatant lies yes Evgeny Monakhov then what faith can you have in anything released by way of a RNS.

He's now gone along with the CFO I'm surprised the CEO is still in his position. The regulatory body in Kazakhstan is what use. If the majority shareholder is applying for finance under the LLP of an entity shared with a Plc its of the benefit of the Plc. Reduce the liability hence unsecured loan so not putting the plc assets at risk and keeping cash on balance which with all management faults makes perfect sense. A huge capital intense project with a long time-consuming line allows this type of finance to be sought after and so paying down maturity of debt during the time line. Nothing to see really just good business sense.

As for Investors Relations they are not you're friends rather a lying bunch of halfwit who can't get a proper job.

How is it that Solidcore made their yearly forecast with gold at $1800 the price of gold has been constantly above $2400. In any other company this will mean excess cash and a rise in Share price. But in solidcore the company keep pumping out negative outlook but somehow has money to splurge but the Share price craters. In any transparent country the regulatory bodies will be investigating. This whole thing stinks.

Evgeny Monakhov sacked for telling lies. He was the Head of Investor's Relations and he blatantly lied about the ability to purchase shares through Wood and Co.

CFO Mr Maxim Nazimok moved on or sacked only one left the CEO and he's done more backtracking than pinnochio.

Mr Maxim Nazimok stated in June 2024 that there is a bunch of institutions wanting to purchase tranches of stock but sadly liquidity is the issue yet later that month the CEO stated nobody wants to buy the stock in an interview its contradiction after contradiction