Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
bond holders will be the losers, they are trying to pay the money but the system wont allow the payment to go through in dollars due to sanctions, they still have 30 days extension to pay in dollars or then it counts as a default but its a forced default rather than a real default, uncharted waters indeed
the asset seize threat was only to companies that had chosen to leave Russia,
this threat was made so they could keep the businesses open and suply chains going to save jobs, they also said the seizure would be temoprary until the companies return
so this is nothing close to the rubbish being spouted on here by some,
GLA
i just heard on bloomberg that putin just made comments that Ukraine are not serious about a deal,
its hard to know what to believe
i was trying to work it out myself, if the 90m is what they paid for the shares then there is a good chance it would be much less than 35m shares to shed, many would have been invested a while so it could be as low as 18m shares in total was the number i ended up with or somewhere between that and your 35m, not ideal but not disaster by any stretch, and if there is a peace deal then crazy times ahead,
do they even have to sell the shares ? i was thinking as long as they are removed from the index with zero value on the index then perhaps the shares can still be held by each company and traded or held outwith the index. im trying to check that one out
https://www.newstatesman.com/world/europe/ukraine/2022/03/could-zelensky-and-putin-agree-a-ukraine-peace-deal
Zelensky has said that he will “consider” discussing the status of Crimea and the unrecognised republics. In the same remarks, he added that he had become disillusioned with Nato, noting that the alliance was clearly not in a hurry to admit Ukraine any time soon. If both sides are sincere, the contours of a deal are there.
people are not understanding what this means, it is moving to the ftse 250 and being removed from indicies, it is not being de listed from the stock exchange and it will trade as normal if you have a decent broker, its not the end of the world to be out of indicies, when the dust settles large speculators will move in especially on news of any peace deal,
the sp should start to recover a decent amount quite soon
i get the frustration Gazala69, i think we all agree with what you say here but it is also true to say that all of the leaders involved are liars and they are all to blame for this shocking state of affairs, i still want to have some hope that these utterly despicable human beings come up with something that puts and end to this fiasco
GLA
If there is a deal done i think he will offer to pay for re construction in part as compensation to ukraine, but he will say he can only afford that if a decent amount of the sanctions are lifted and in the interest of improving relations and global peace and stability he will also offer talks on arms control, the west will look stupid if they dont go for that
DP,
Putin cant touch shares of uk companies listed soley in Lonon, if he got desperate he could only mess with shares in companies with there principal or sole listing on Moex, those that are invested in by some index funds,
what sort of person are you that you would come back and laugh if it happened, jeez
Reported
Further in the article it also says this,
The Chancellor met business leaders last week to discuss UK investment in Russia and has welcomed consensus on the need to economically isolate Mr Putin and those close to him, the Treasury said.
It said the Government recognises that winding down Russian investments may be a long-term process for some firms due to market conditions and the ability to sell assets when sanctions have been placed on the Russian economy.
The Treasury added that the Government will do what it can to support businesses that want to divest.
That would make any suspension very unlikely especially as we are selling assets anyway,
hopefully there is a peace deal struck this week and if not we can hopefully still get this asset sale done and the board can consider future options and investments from there,
that last paragraph is vitally important for us as our government is allowing companies time to sell assets,
GLA
A gopnik (Russian: ??????, romanized: gopnik, pronounced ['gopn??k]; Ukrainian: ??????, romanized: hopnyk; Belarusian: ??????, romanized: hopnik)
is a member of a delinquent subculture in Russia, Ukraine, Belarus, and in other former Soviet republics
wonder what materials she is talking about then ? mmmm, they are all as bad as each other on both sides of this fiasco,
https://www.youtube.com/watch?v=fvRpntmUIxs
GLA
https://www.axios.com/israel-russia-ukraine-ceasefire-critical-point-5cb18c61-deba-46fb-b637-571614138dd8.html
i posted this late last night, im re posting incase anyone missed it
GLA
this looks very promising, fingers crossed, GLA
also the crazy polish migs thing aint going ahead,
https://www.axios.com/israel-russia-ukraine-ceasefire-critical-point-5cb18c61-deba-46fb-b637-571614138dd8.html
looks like this has a decent chance at success, fingers crossed
https://www.axios.com/israel-russia-ukraine-ceasefire-critical-point-5cb18c61-deba-46fb-b637-571614138dd8.html
slater you just said
"Russia economically just isn't that important to the world anymore, strip away holding Europe to ransom with gas and there just isn't much else there"
YOU ARE VERY VERY WRONG
they supply 10% of the global nickel perhaps you should check the nickel price today
they supply vast amounts of paladium, gold, copper and silver, all base metals required for the green transition, they are more important than ever for that reason
you must living on fantasy island
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