Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
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Https://www.evraz.com/upload/iblock/802/EVRAZ_H1_2022_financial_results_presentation_.pdf
page 14 tells you all about debt. 3 958 usd mln debt on 30/06/2022, 86% of which is in USD. I seriously doubt that they took a lot of their bank debt from Rus banks in USD and not in rubles. So my guess is that at least 2 bln USD western debt to be repaid by NA assets which is impossible since Russia is not connected any longer, while most of free money and business is in Russia. And even by miracle if they get out of bankruptcy a buyback? to buy YOU out and leave no money for themselves? that will never happen, they would rather leave the money waiting for sanctions lifted in 2040 then give it out.
80% of euro bonds are owned by Russian. (Not even 500M USD is west owned)
21/22/23 ebidta average of NA will be 450-500M$. (3 years average is normal at a deal of that size) - NA is continuing to grow in capacity produced and sold.
420M shares of freefloat are owned by non russian.
NA value on its will provide way way north 1$ as share buyback.
Its clear you see a 10$ price for the russin side … have no problem with it. But clearly you talk rubbish about the rest.
I guess your time is running out.
1. There is an article in the Financial Times today that “G7 moves closer to seizing Russian assets for Ukraine” https://www.ft.com/content/918645f8-e0b6-4cab-92fa-4f965569c2a6
As you probably understand that means that Russia in return moves closer to seizing all western property in Russia, i.e. Evraz PLC Russian assets. As one seller told me – the rift between the countries is getting wider with no sign of easing. Putin also said in his press-conference that the war will be till the end no matter what. Sanctions on North Korea, Siria, Cuba, Iran, USSR all lasted for decades and in some cases for more than 50 years. Putin stays in power until at least 2042.
2. I still value Evraz NA assets at 1 bln maximum (no free cash flow and losses for many-many years except 2022 – see previous weekly update for numbers), that does not cover the debt on Evraz PLC (1,5-3 bln USD depending how much money is debt within Russia).
So as soon as I get the Russian part of the assets under the 470 Rus law that takes the Russian assets from Evraz PLC (90% of all plc assets) and gives it to Rus citizens like me I will be selling my several hundred thousand Evraz PLC shares at 1 USD (0,8 pounds). Since there are no buyers, this will be the price for years to come.
3. Putin has told in his June 2023 speech that the “returning home” of the Rus companies abroad should be finished by the Rus Gov by 31/12/2023, so I plan to stop buying on 22th of December 2023. If you don’t want to lose your money you’d better hurry up. My main risk is missing the registry for the split to Rus and non-Rus assets so I need to close the deals before the deadline.
4. If you have a lot of shares – we can make a deal where you sell me the shares and can buy them back after I receive the Rus assets. I value Evraz plc at very low without Rus assets so I don’t need it afterwards. This way you get some money “dividend” from me and retain your shares with Evraz NA assets.
I still buy at $1 per share (minimum 8000 shares and you must have the paper certificate and be sane and cooperative), write me a direct message here or on the ADFVN forum https://uk.advfn.com/stock-market/london/evraz-EVR/share-price?java=1
Hello! Tried the link and as Harrods already mentioned it doesn't work - can you please provide a new one?
Hi! Could you please renew the link, because this one is expired and not working. Thanks
Bit like the uk where u have the choice of a g81ist WEF social democrat or a g81ist WEF social democrat! Democracy!!!!!
That’s a generous use of the word elections …
Found this Reuters article interesting
https://www.msn.com/en-gb/money/other/aggrieved-russian-retail-investors-demand-spb-exchange-recover-their-assets/ar-AA1ldDzC?ocid=ansmsnmoney11&cvid=65b0f890463845f9b9ec861a3178ac63&ei=35
At least Russia is having elections! If u think putin going will change anything u r wrong! A peace deal is closer than u think! The soros back eu WEF nato globalists now control western Ukraine which no longer has elections! Donetsk and crimea want to go with Russia! Easiest peace deal in world
It us very funny to read as you list all very bad of company but you like to buy its share? How is that logical? Thinking of different way and just remind you all peoples over 18 years old and take part on share dealing not children . Of couse you can write whatever you like but convincing people sell thier shares is kind of trick as nobody interested that way.
i have answered this question a 100 times already. I will get the Rus assets thru the 470 law in Russia. It is not available option for foreigners, only for Rus citizens. If you followed Evraz news you would know there is a law in Russia that will strip Evraz PLC of its assets in Russia and giving it to Rus residents.
Andy Rusky go and pizza off. Elections are next year.
"1. Putin has re-elected himself to be the president of Russia for 6 more years"
Al Jazeera
“Putin confirms run for Russian presidency in 2024 election. The longstanding Russian leader confirms he will bid to add a fifth presidential term in the upcoming March election.”
The election is in 2024.....
It us very funny to read as you list all very bad of company but you like to buy its share? How is that logical? Thinking of different way and just remind you all peoples over 18 years old and take part on share dealing not children . Of couse you can write whatever you like but convincing people sell thier shares is kind of trick as nobody interested that way.
Thought to write on Monday, but have a little time now:
1. Putin has re-elected himself to be the president of Russia for 6 more years - you probably saw the news. This means the sanctions are here to stay for at least 6 more years. I personally think that he will rule till he is at least ninety, so 2042 is the time he realistically would step down and probably the sanctions gone. There are no elections so i don't see him gone earlier.
2. Ukraine ceasefire/peace options - if you think of any outcome they all continue the sanctions. Ukraine defeat = 100% sanctions, ceasefire = Russia retains new territories = sanctions, Russia's defeat would mean a 100% new attempt in 1-3 years so still sanctions.
3. Evraz has decided to pay for holders of the eurobonds IN RUSSIA it's 2024 700 mln usd eurobond payments. Foreign holders are still getting zero.
Payment is only with "хранением в российских депозитариях" i.e. within Russia. I always thought they have money in Russia, but the PLC is empty except for the Evraz NA assets, so I calculated them - see 4.
4. So I saw into Evraz North America reports to see “amazing” results of the “amazing” assets. They are even worse than I thought!
2014 last good year made 100-150 mln free cash flow
2015 minus 100-150 mln cash loss, survived because helped by the Russian assets
2016 minus 200 mln cash loss, survived because helped by the Russian assets
2017 minus 100 mln cash loss, survived because helped by the Russian assets
2018 minus 150 mln cash loss, survived because helped by the Russian assets
2019 minus 100 mln cash loss, survived because helped by the Russian assets
2020 minus 150 mln cash loss, survived because helped by the Russian assets
2021 50 mln cash PLUS! Makes some money!!!
2022 200 mln cash PLUS! Makes some money even after investment % and taxes!!!
So 10 years minus 450 mln USD negative cash flow. I still think that NA assets don’t cover the debt (3 bln USD of the last Evraz presentation) and existed only as an addition to Rus business that will be no longer there to help.
I still advise you all to read the asset stripping law to understand that there will be no dividends and no compensation until all the sanctions are lifted which is never (i.e. 2040s).
i still buy at $1 per share (minimum 8000 shares and you must have the paper certificate and be sane and cooperative), write me a direct message here or in telegram
Nice move upwards .Love to see in couragement
So..... I guess we are all stuck in the limbo until the war is over. What options does EVRAZ have, Polymetal managed to get around sanctions ( I knw EVRAZ is in a different position) Is our capital locked or are there options.
If you want a war with putin, be open about it and put hundreds of thousands of ur people to die - no use someone else’s!! The biggest takeover is the gl815t takeover of Canada, Australia and most of Europe! Not putin taking the Russian regions of Crimea and Donetsk! The west is truly depraved
The kiev warmongering beggar has now maxed out its U.S. credit card. Time to start repayments. Kiev needs a long night of shock and awe.
MCATEE Slava Ukraine!
Defeating the war criminal Putin is worth every penny the British tax payer is paying to help the Ukrainians to crush the Russian Ork's!
If Putin was to achieve his illegal objectives in Ukraine then he will be emboldened to attack other European countries including the UK.
Ilya kiva killed by Ukraine! Dictator is Killing his own citizens now financed by u western lunatics ! Is it really worth uk paying £5,000,000,000 of ur taxes
Https://x.com/abc202324/status/1723024679835701562?s=46&t=p-fBnvpF9tMFyB57eUoEZQ
Here is the link to the group
Hi. Does any one have the link to the large telegram group? One shared by sirphillipbausse twitter account last summer.
Politicians are driven by corruption,back handers and promises of future jobs ;once they are removed from power. Evraz plc is an innocent company who traded on the alleged bona fide london stock exchange.
But will our shares that have been locked be released??
But a peace deal is coming soon and our shares will be unlocked!