RE: In 4 trading days , will this be a £1.50 or £3.50 stock?20 Apr 2022 00:52
Downsizing is quite easy, when performed in a normal environment. The complications here are sanctions in the banking and stock markets. It might be possible to sell of assets (RU) but the banking restrictions will definitely cause complications. And those sanctions are being extended week by week. The critical issue is whether poly is kicked off LSE. It doesn't matter how irrational it is, it is the symbolic value. As oil and gas is off limits because the German's are happy to see the horror of war rather than them endure short lived inconvenience, gold will come under sanction focus which will encompass producers. The irony is Germany and others probably have enough reserves to outlast a sanction leading to a ceasefire and reduction of supply.