Member Info for bobbybingo

its not as bad as it seems, headlines are misleading, this is from Reuters,

MOSCOW, March 4 (Reuters) - Foreign companies that want to leave Russia will receive fast-tracked bankruptcy protections or can hand their stakes over to local managers until they return to Russia, First Deputy Prime Minister Andrei Belousov said on Friday.

https://www.reuters.com/business/finance/russia-offers-fast-track-bankruptcy-departing-companies-2022-03-04/

Talking about dilution, there are warrants due to expire mid March and a large dilutution to pay for munni munni at the end of March or sometime in April, some of this will be priced in, on my calculations from the info in the RNSs i got to about 500m shares in total, obviously the 400odd m to pay for munni munni is buying an asset of excellent potential so im not sure how the market will react to this, once complete however this is a fantastic position to be in

Damo, Good points on the split, i agree with that, im not sure on the demerger completing tho as the deadline for shares or cash is march 15th and the timeline indicated was the end of March, it will be interesting to see how this plays out in the middle of this fiasco in Ukraine

i wonder if all the affected companies can get paid for there goods in ethereum quant, or some other blockchain method

i read an article the other day, i think the link was posted on here, it was saying they were resuming purchase of gold and ramping it up, or words to that effect

Damofarl, do you think the demerger can still complete? is it even possible under this scenario ? do you think they would still want it to complete ?

link to the list and info RASP is on it

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwiN3Jeilqv2AhXkQUEAHe5lDNIQFnoECAQQAQ&url=https%3A%2F%2Fresearch.ftserussell.com%2Fproducts%2Findex-notices%2Fhome%2Fgetnotice%2F%3Fid%3D2603553&usg=AOvVaw3-ydDn_BZ-O4S9nXZdxbyT

https://www.investmentexecutive.com/news/research-and-markets/msci-ftse-russell-to-remove-russia-from-indexes/

i doubt the demerger can complete if this is happening it was only announced yesterday so im sure we will here from EVR tomorrow

Damofarl,

RASP, is included in the sanctions, it is in some funds, trackers, etc and it is on the sanctions list to be deleted from monday from the index with zero value, so it would make sense to reverse this hence the 1.88

the notice does seem to state it is being reversed back to EVR on Monday open

Further to the notices: 'Evraz (UK): Stock distribution of Raspadskaya (Russia)' issued on 03 February 2022 and the 'Treatment of Russia in FTSE Russell Equity Indices' announcement on 02 March 2022.

FTSE Russell announces that the price adjustment consequent to the divestment of Raspadskaya (Russia, B5800Q2, GEIS Mid Cap) by Evraz (UK, B71N6K8, FTSE 100 Index, GEIS Mid Cap) which was implemented to the FTSE Russell indices at the open on 14 February 2022 will be reversed, effective at the open on Monday 07 March 2022, in order to assign a value of zero to the distribution in light of the circumstances detailed in the 02 March 2022 notice referenced above.

Accordingly, the open price of Evraz will be adjusted to include the previously calculated distribution value of GBP 1.8875197296, with it subsequently reverting to its market price immediately after the open.

For the avoidance of doubt, no further adjustments will be implemented, regardless of any restrictions being lifted at a later date.

calm heads required,

1, rosneft just had a German deal approved on day 1 of the invasion,
2, the world still buys Iran oil, think about that one
3, only selected banks out of swift, a concesion to Germany mmm,

and the there is this article,

https://www.wsj.com/amp/articles/eu-leaders-weigh-cutting-russia-out-of-global-payment-system-swift-11645888337

extract,

There are workarounds to Swift that could allow payments even after disconnecting Russia from Swift. Fitch Ratings said banks could use other—albeit less efficient and more expensive—messaging systems such as telex. Russia also has developed its own payment system. While it currently has only 23 foreign banks connected to it, more could join if Swift is no longer an option.

China is another alternative. Beijing has its own payment system, too, with more take-up by international banks than Russia’s. By driving Russia and China together, critics say, a Swift cutoff could erode the supremacy of the dollar-denominated global financial system.

Cutting Russian banks off Swift altogether “would have an immediate big impact that Russia would quickly mitigate with other messaging vehicles,” said Richard Nephew, a former senior U.S. State Department sanctions official. “It would cause the Russians a lot of headaches, but I think its value has been dramatically overstated.”

omg i got them on my iweb account bought and held at the same time so this cant be right, i had thousands due what a bunch of crooks, can you print off what they told you incase things get legal ? , class action incoming i sense, this is a disgrace

that cant be right i have some in 212 bought on aim but i have not enquired, has anyone got there accustem from 212, sounds like we are getting shafted by 212, this will cause class legal action against them im sure, jeez what a nightmare this has been

anyone else been shafted by 212 ?

howd you like them apples Greggie 3383,

https://www.rt.com/russia/550045-putin-macron-call-ukraine/

"A meeting between French and Russian ministers of foreign affairs, Jean-Yves Le Drian and Sergey Lavrov, would take place “in the coming days,” with diplomatic work due to intensify in general, Paris said. Russia’s Foreign Ministry later told RT that the call is planned for Monday, since Le Drian was not immediately available.

"According to the French presidency, it would involve all the stakeholders, i.e. the Europeans, allies, Russians, and Ukrainians, and would be poised, subject to conditions met, to make possible “a meeting at the highest level to define a new order of peace and security in Europe"

my guess is a deal is done later today between macron, zalenskiy and putin and announce it tomorrow sometime, where they declare a possible independant state in the east and avert all out war and end the 8 year war,

troops from Belarus head home, ships head home, leave some troops in the east for possible peace keeping,

all sorted, west look stupid, putin happy,

GLA

my guess so far is sell the 2 subsdiaries to 2 seperate consortiums who go on to contract someone to mine it and process it for them probably NN,

subsidiary 3 becomes EUA 2.0 keeping Poaz and WK, possible JV also with NN

everything else is sold for massive liquidity event,

thats my dream scenario,

GLA

it would be funny if more shorts opened and a few big sells happen in the morning then the BOD issue a nice juicy RNS in the afternoon, or be really shrewd and let them do it for a couple of days next then release all the juicy JORC stuff,

im buying plenty more this week if it drops, dry powder at the ready

GLA

The Russians probabaly deliberately leaked the invasion plans knowing the outcome would lead to the evacuation of foreign nationals from Ukraine, this will furter destabillize the Ukraine economy which will encourage them to properly agree to fullfill the minsk agreements, pressure has been applied to Ukraine on this subject, this is what Macron is hoping to achieve, it also has the added bonus of making the USA look stupid if agreements are made without them involved

Looking at things more with a more positive slant i think its more likely that the board have so many interested parties and so many options to go through that they will take the time consider each option that is put to them while taking excellent advice from UBS, i would imagine the original proposal will have been adapted along the way also, all this takes a long time but in a good way for us in the end i trust

i take the fact it is taking so long as a very good sign rather than a bad sign, our assets are now huge and still growing,

when the licenses are in the name of the EUA subsidiary and the JORCs with NPVs are in the public domain i think that could be the catalyst for the sp to rise much higher than where we are now, followed by the grand plan and deal RNS

the time without knowing more is not so easy but thinking this way for sure helps me stay focused on the big picture and the outcome we all hope for,

GLA

Looks like there is a deal to be done to end tensions, this article was in the telegraph Sunday, the last paragraph is quite a statement, fingers crossed its close to being sorted out, seems like the USA and UK are going to look a bit silly when this is sorted out,

Mr Macron said that Russia had a right to seek assurances on security near its borders. "The security and sovereignty of Ukraine or any other European state cannot be a subject for compromise, while it is also legitimate for Russia to pose the question of its own security," he said.

Kyiv has consistently sought to play down fears of an imminent Russian incursion as it seeks to prevent harm to its economy, with President Volodymyr Zelensky urging Western allies not to stir "panic". On Sunday, the presidency said it believed a diplomatic solution was more likely than military escalation.

Moscow’s deputy ambassador to the United Nations, Dmitry Polyanskiy, meanwhile dismissed Washington's reports of a potential invasion as "madness and scaremongering," suggesting it was as likely as the US invading the UK.