Firering Strategic Minerals: From explorer to producer. Watch the video here.
Nice one cique. Yoe exemplify Russian propaganda at it's best. All of the Bahkmut story has been about territorial gains and losses of individual tower blocks and street corners, so such a detail is of little consequence.
But for your propaganda angle you, of course, totally ignore the pincer movement and the movement east to the north and south. Russian conscripts are to be sent in to defend central Bahkmut after Wagner pull out.
There will be two scenarios later this month. First, Russian army running as fast as they can east totally abandoning Bahkmut as soon as the Ukraine pincer closes. Or second, tens of thousands more Russian soldiers slaughtered as Ukraine swiftly closes the pincer and takes control not only of the city but the wider area.
For Raza, just to show how widely the pincer movement is being reported and not some weak answer back,
https://shafaq.com/en/World/Putin-congratulates-Russia-troops-Wagner-for-capturing-Bakhmut
"Wagner’s boss Yevgeny Prigozhin earlier claimed the city had fallen to his mercenaries in a video posted on Telegram, in which fighters held Russian flags against a backdrop of ruins.
“Today on May 20, around midday, Bakhmut was taken in its entirety,” Prigozhin said in the video, adding that Wagner fighters would search the captured city before handing it over to the Russian army.
“By May 25 we will completely examine [Bakhmut], create the necessary lines of defence and hand it to the military,” Prigozhin said. “We ourselves will go into field camps.”
Artillery sound could be heard in the background of Prigozhin’s video.
‘Bakhmut will be liberated’
The claims came after a week in which Ukrainian forces have made their most rapid gains for six months on Bakhmut’s northern and southern flanks.
Kyiv had denied Prigozhin’s claim earlier on Saturday but did not have an immediate response to the defence ministry’s statement.
“Heavy fighting in Bakhmut. The situation is critical,” deputy defence minister Hanna Maliar posted on Telegram.
She said Ukrainian troops were “holding the defence” in the city’s “Airplane area”.
“As of now, our defenders control certain industrial and infrastructure facilities in the area,” she said.
Whether the Ukrainian forces have left Bakhmut or not, they have been slowly pulling back inside it, to clusters of buildings on the city’s western edge. Meanwhile, to the north and south, they have seized swathes of territory from Russian troops.
Russia has acknowledged losing some ground around Bakhmut in the past week, while denying assertions by Prigozhin that the flanks around the city guarded by regular troops have collapsed.
Kyiv says its aim in Bakhmut has been to draw Russian forces from elsewhere on the front into the city, to inflict high casualties there and weaken Moscow’s defensive line elsewhere ahead of a planned major counteroffensive.
Moscow has long claimed that capturing Bakhmut would be a stepping stone towards advancing deeper into the Donbas region it claims to have annexed from Ukraine. It has made it the principal target of a massive offensive that failed to capture any significant ground elsewhere.
Prigozhin has acknowledged that Bakhmut has little strategic significance, despite its huge symbolic importance because of the scale of losses in Europe’s bloodiest ground battle since World War II.
The battle for Bakhmut has meanwhile revealed a deepening split between Wagner, a mercenary force that has recruited thousands of convicts from Russian prisons, and the regular Russian military.
For two weeks, Prigozhin has been issuing daily video and audio messages denouncing Russia’s military leadership, often in explet
Https://news.yahoo.com/ukraine-threatens-bakhmut-encirclement-wagner-104700936.html
Even the pug ugly Wagner leader knows what is about to happen with a pincer movement.
I saw a military map in public hands of the manoeuvre a couple of days ago showing where Ukraine was planing to withdraw to 'set the full trap' but I can't find it at the moment.
Https://www.pravda.com.ua/eng/news/2023/05/21/7403140/
There is actually a pincer move by Ukraine forces north and south of Bahkmut with units pulled further west from the centre of Bahkmut to deploy in the pincer. At the discretion of Ukraine forces, the Russian forces have been slowly pulled along a narrow corridor through the centre of the town due west whilst Ukraine have recently switched to moving due east to the north and south of the town.
Throughout, Bahkmut has been used principally by Ukraine as a slaughter house of Russian canon fodder and machines. The Kremlin got so hung up on taking the town they became blinkered and haven't allowed themselves to understand how Ukraine has been dictating the situation. Now the Russian forces in the town centre have little reinforcement on the north and south flanks and Ukraine has been setting up attack positions for several weeks now.
The extremely high attrition rate of Russian's KIA is only going to increase, add to that all the new hardware and training Ukraine is now bringing to the theatre. The centre of Bahkmut is about to be turned into a 'turkey shoot'. And there will be no backup because the 'spring offensive' is underway slowly ramping up with probing attacks all along front and some key battles about to take place.
History will question why Putin allowed such huge military losses for such a small town, and then leave the invading force completely exposed with even higher losses [to come]. All for a brief propaganda message that will have been reversed within just a few weeks.
It took the Russian army 8 months and tens of thousands dead and thousands of bits of equipment lost to get through to the western town limit of Bahkmut, and only that was achieved at the discretion of the Ukrainian command. Based on that performance, Russia has absolutely no chance holding on to any occupied territory, and that includes Crimea.
Here's a cunundrum for the market makers going forward for the next couple of weeks. Most retail brokers have stopped allowing buys. The London market is designed with guranteed liquidity. So those selling, including moving shares to a more convenient broker, need a buyer. But who's going to buy? If the market maker has 5o fullfil thier obligation, I expect to see some huge spreads. Getting on for 25% and more.
So I will finally see the sp below 90p. But I won't be able to day trade it I don't think with iwdb - nor would I want to with a market whose only liquidity is being forced on market makers.
😬
"
Selling share certificates
Once the share certificates have been transferred into your Fund and Share account, you can sell your shares quickly and easily. You can place a deal online, over the phone or by post.
It’s not possible to withdraw shares held in your HL account as share certificates.
"
HL are very clear on there basic web pages.
https://www.hl.co.uk/shares/share-dealing/certificated-share-dealing
The way you lot talk it sounds like you found some deep nested sub-clause in the formal ts&cs. It is actually open and clear on their basic transfer information pages. I'm beginning to understand the issue here. A lot of you did no research about the trading accounts at HL. Well, you're going to have to transfer out to a different broker and take the hit with any exit charges and the spread. And this time, read the firkin' ts&cs!!!!
The way the knife is falling, you'll probably get some very, very, very low price stock just in time to lose the lot with a different broker.
Did you read the ts&cs? No? Then why so surprised? Learn the lesson.
Is it Friday already? Us ladies of leisure tend to lose track of which day it is lol. Too busy buying a new TV today, a mega smarty pants alien tech one!
"I feel a great disturbance in the Force, as if millions of voices suddenly cried out in terror and were suddenly silenced".
Very good!
Kicking the can down the road and not splitting the company a year ago was always a very risky tactic. How many current shareholders still following the rainbow realise, when Poly goes under, shareholders are at the bottom of the pile for recovering losses. They won't get a penny back from Poly.
"Data indicates more sells transactions than buy"
Physically impossible. Every transaction includes a buy and sell. You can not sell to nothing.
It is the sanctions getting ever closer that is the issue. This may tank a a great deal tomorrow even if Poly is, this time round, not directly affected. The wolf is at the door and banging ever louder.
A broker, holding your shares in their name, which chooses to stop holding those shares in your name [for whatever reason according to their ts&cs] will have a stated procedure that you agreed to, for un-holding. So check your ts&cs.
The 1st situation is the stock redoming. What are your brokers procedure for that? The next situation is a stock suspending from trading? What are your brokers procedure for that? Then there is delisting? And so on.
And this is why confusion reigns. There are multiple phases for the Poly stock, redom, suspend, delist, transfer elsewhere. You are all trying to read your brokers procedures as if there is one option for Poly's unique set of proposed actions. I doubt any broker has a blueprint for the actions. Each complex situation like this either generates exclusive procedures by the broker or the existing procedures are carried at each stage as they become formalised by the company. That may included a forced liquidation at one of those stages.
Too many are too eager to wrap this up in a day and claim victory. I suspect all the brokers have not yet decided on any bespoke procedure for the simple reason there hasn't been any changes yet.
And as for current timelines [for issuing certificates etc] as expressed in various existing ts&cs often quoted here, they can be modified to suite particular situations as the brokers see fit. The question you should be asking your broker is whether there is an intention to modify existing procedures to accommodate the potential changes to Poly's London listing and redoming, or whether all existing procedures and ts&cs will remain unaltered with no special exceptions.
Https://news.cgtn.com/news/2023-05-19/Ukraine-s-Zelenskyy-on-way-to-Arab-League-meeting-Reuters-1jVTGuFLqGk/index.html
Wow, a very ill advised stop over in Saudi Arabia for Zelensky. If he makes it to Japan, he will meet with a special Chinese envoy. US are to now give permission for F16s to go to Ukraine once pilots trained - this adds leverage to get the Chinese to instruct Putin to order the withdrawal. Zelensky may get the backing from China in Japan!
I know this is what the POLY board has been holding out for, a belief that once the war ends there will be a quick return to normality as if nothing happened, and there are a lot of people here who think the same. But, a lot has happened and despite all the 75% obstacles to splitting and redoming, Poly will have to split simply because it is going under with dropping sales, increasing debt, a now ingrained hostile west to anything Russian for a decade and being dragged into this Yuan trading fantasy.
I'm not the one who deliberately failed to mention in the RNSs that a threshold of 75% was required instead leaving people to think an ordinary 50% was needed. It is inevitable people are going to ask why all the smoke and mirrors.
Nice job rearranging those deck chairs Stan. Where's the orchestra?
Why was the 75% threshold not mentioned in the most accessible circular? 75% threshold is unusual. Why was it only mentioned in a depositary document?
There is a an unholy stink wafting around this steaming pile and the market maybe getting a whiff of it as the stepping down of the sp is getting under way.
" Page 22 The Re-domiciliation Resolution (resolution 1), Share Capital Conversion Resolution (resolution 2), and the New Articles Resolution (resolution 3) must each be passed by at least 75 per cent. of Shareholders who (being entitled to do so) vote in person or by proxy at the General Meeting"
So in section 10 we have one reference, not reproduced in the circular. Now why wasn't that reproduced in the far more accessible circular? Why is this high threshold being hidden?
This is a special threshold, yet not mentioned. So how many pis think that an ordinary majority is all that is needed? And note suddenly a slew of people suddenly proposing they are voting against.
Conspiracy? You bet ya! This absolutely stinks.
Oh now this is very interesting. Suddenly multiple voters are claiming the redom vote threshold is 75% despite no announcement as such from the company.
Stinks. Absolutely stinks. Is the biggest mugging in LSE history about to take place?
On what basis, with references, is the vote threshold to be moved from a majority to a 75% threshold?
If you didn't see the red flags over this share before, they must be plainly visible now.
"
I just spoke to POLY IR regards redom and holding POLY on the AIX. They told me the following
1) Redom only happens if 75% of those voting actually votes in favour to redom, not 75% of all shareholders on register"
It is quite unequivocal. You. stated IR 'told' you.
You were lying. Admit it before additional evidence is sent over to the FCA.
Institutions don't buy in single digits, tens or hundreds... they buy in tens of thousands at a time.
We still have a problem.
JN said he had information directly from IR. IR told him the threshold for the redom vote was 75%, but there is nothing in any RNS or presentation about the unusual 75% arrangement applying to the May 30th redom vote [only the split to Poly R and Poly K vote sometime in the future as previously announced].
So something is very amiss here. We need another RNS or press release confirming JN's inside information. Was the plan to spring the 75% threshold on the day so as to try and avoid redom, place the company into receivership
then sell all the assets to a group of 6 Chinese people at a quid or Yuan each?
What's going on with this 75%?
JohnNth
Posts: 767
Price: 250.00
No Opinion
RE: Other brokersToday 14:30
I just spoke to POLY IR regards redom and holding POLY on the AIX. They told me the following
1) Redom only happens if 75% of those voting actually votes in favour to redom, not 75% of all shareholders on register