Member Info for Simplyme

I have shares here and thought it would be more positive but it is in line with expectations. We have as a company reduced inventory- positive, don't have massive debt - positive, have reduced sales by circa 11-12% over a year after we have came out of a pandemic - expected; are going to open the DC in USA which we hope will make a massive difference - neutral; but most importantly to me we will not be going bankrupt (not near it); taking out covid years seem to still be generally still growing and like the whole retail sector took a hit this year. The one huge positive is that we are where we expected to be - met expectations and there is no BS in this update. Expect this SP to stay roughly the same to be honest as it met expectations - not overpromised like THG and there is still a future which will be impacted by the macros. There are no major risks at present which is a huge plus.

I also expect average gold price to be around $1700 but that aisc will be significantly reduced and under estimate at around $1250 to still give significant free cash flow and for the inventories to be reduced and debt to be around $2.2bn also at year end with expectation that this will reduce another $0.3 bn per quarter so if no dividend paid, debt will be significantly reduced- based on gold at $1900. Happy for debt to be reduced to under $1bn tbh and start enhanced dividends from start of next year as bond payments etc can cause issues in future and less debt better from that perspective

Workers in USA get paid as they have a licence from ofsi to continue

Only sanctioned in uk - so for eg. Bank of Ireland as Irish would have no issues on receiving say a dividend check (uk citizens can easily open a bank of Ireland account)

*** packet calls - aisc for gold is say $1350 (mid range) but would expect that to come down! We will produce 500k oz this quarter and have 200k inventory. Current price is around $1850 but let’s say $1800 average for next 2 quarters. 500k at profit of $450 gives $225m and 200k of inventory gives $360m so just shy of $600m off debt so down to $2.2bn. None of this takes into account the improved exchange rate. This is just until end of year. With 500k production in first quarter we would be under the $2bn threshold for paying dividends - and as stated previously I would expect aisc to come down. This is all based on $1800 gold but could go much higher. Looking good for divi being back mid next year!

And gold and silver well up and rouble weakening seems to be the perfect storm for Polymetal. If as stated in poly presentation that dividends could be paid once under $2bn debt then this looks very probable sooner rather than later and the update later this month should be somewhat positive. Gla

Hi Carltt - the uneducated always go for insults - no issues with me but as always you are wrong! I am definitely more British than most and we are both aware your statement is incorrect but as usual you can never admit you are wrong. Takes a bigger man to do that. Anyway hope all investors hear a great new year and hope the continued uptrend continues from the great end of year we have had - up over 20% last quarter. Never let facts get in a way of an argument- the uneducated never do!

Obviously English not your first language! I did not state great year but great ending to year - I would say last quarter when 195p up to now circa 240p when most of stock market has crashed is pretty good - why do you not? Where did down 80% relate to ‘great end of year’!!! Suppose looking negative is some peoples trait - gla

Great ending of year for Poly! Gold at 1820, silver at 24 and rouble now over 70 to the $. Can’t see anything but great figures coming out if we sell our goods (and inventory) and perhaps the return of the fabled divi soon!! Gla and happy new year

Big- blue - don’t get your last comment? Even if they did this approach the new price would still make it higher if this was a constant approach the company took. The company has stated they are getting full price for gold, have inventory they are selling and have trade routes opened up to the east. The bottom line is no matter what that increased gold price is a positive.

Average just over £1 - based on rasp and steel business can’t see how this will be under £4 if sanctions and suspensions lifted but also expect $1 a year dividend so rise in share price to £8 is likely shortly after dividends start again - DYOR

And full price paid for gold!!

************** got blanked out for some reason?

Russians can’t take part in the ************** - useful if you read it all!

Open it up in the uk branch of bank of Ireland - very simple to do

How many times - open up a bank of Ireland account and you will get paid fine - dividends etc. they don’t care or ask your citizenship as not under uk jurisdiction
- even if uk citizen!! It’s not difficult to comprehend

How many times - open up a bank of Ireland account t and you will get paid fine - dividends etc. they don’t care or ask your citizenship as no I’m jurisdiction
- even if uk citizen!! It’s not difficult to comprehend

Here you go - I am a civil servant - I am ****ed off by my 2% pay rise which after years of nothing this year honestly is taking the proverbial! I want things to not hurt - higher costs for energy, transport, food etc and I will strike as this year I am so ****ed off! Ukraine now I don’t give a stuff if it costs me and my family and arm and a leg as I need to survive myself! Tbh I want what’s best for myself and family and will not suffer for Ukraine or anywhere where the vast majority can’t locate on a map! This has to end sooner rather than later- it is that simple - peace / negotiated peace/ giving up I don’t really care now

Agree energy not the issue but food and fertiliser are and do impact USA. Simple economics and politics - no nation will keep a war going if their people rebel - who will last longer USA/ ussr - you decide but I know Europe won’t last much longer with high prices/ recessions etc

The latest bird and officers are here - seems more than two
https://markets.ft.com/data/equities/tearsheet/directors?s=EVR:LSE
Happy to be corrected but some have been promoted to replace others so governance can co tiniest I believe