Ferrexpo Share Price (FXPO)

Any views on next weeks Q1 production report?

Last year was an average of around 1 million tonnes per quarter. Pre war around 3 million tonnes per quarter. The analyst Ben Davies is predicting 2024 production back up to 5 million tonnes per annum. Which makes around 1.25 million tonnes per quarter.

Having monitored the maritime traffic going into port the cape size vessels have only started going into port over the last month. So that's unlikely to filter through until Q2. I'm thinking anything over 1.5 million tonnes for Q1 is going to be a Brucie. Q2 has the potential to be a lot better providing there aren't any major catastrophises. Such as maritime traffic being shut down again, electricity shortages etc.

Been a while.

Much as I respect Dogger's views, I think FXPO has a bright future.

Analyst predicting 5mt for 2024. Not very optimistic.

https://www.investorschronicle.co.uk/news/2024/04/18/ferrexpo-planning-production-rebound/

And even if they do they should be seizing his share through the London courts. Which would result in a transfer of ownership.

" But surely if they were going to just seize his share of FXPO assets they would have done that by now? "

just seizing them would be against International Law , ...if... you haven't had a proper trial or judicial process to prove you had the right to do so..

and that is where the problem lies.... unless you can create some sham trial judgement from the Supreme Court to "show" you have the right to seize something ...