Member Info for bonker99

YOLO

Chinese President Xi Jinping criticized sweeping sanctions against Russia in a virtual summit Tuesday with French President Emmanuel Macron and German Chancellor Olaf Scholz: Nikkei Asia

Night.

Stop feeding the sharks then :)

Look, let's make it simple.

If you think the Kazakstan NAV is c£3 and those assets represent c40% of revenue and there's 50p worth of cash in the bank then, clearly, it's a buy even at £3+, even if all of the Russian assets get confiscated.

If you think those numbers are twice the reality then it's still a stone cold buy at 150p given we're quite clearly at the start of a commodities supercycle and who knows where Gold/Silver will be in six months time.

These opps come along once in a blue moon - calculate your YOLO money, throw it in and sit back and watch what happens.

It's not that difficult but the rewards can be staggering when you look back six weeks/months later - been here, got the t-shirt.

7th March ...

Click on POLY broker ratings on here.

Everyone likes a fiver target it seems :)

+50p worth of cash.

"Gold is money, everything else is credit. Once you understand that you'll never be poor again."

J.P.Morgan

* Even better if you can organise a situation where you can buy one of the World's biggest Gold & Silver miners at 5c on the Dollar

*ahem*

https://www.zerohedge.com/energy/chinese-firms-mull-buying-stakes-russian-energy-giants

Must..have..FUD.. :)

Closed at 156p in the US then - still looks a gift to me below £2.

I hear you but you must surely see that all of this is planned, yes?

There is most definitely quid pro quoing going on here by The Money Guys as there always is.

I have/had a reasonable c$2.4k target for Gold post-April/H2 since last year but I have no doubt that Gold could end up at $4.5k in the blink of an eye - look at the macro!

"Stupid" shout based on everything being resolved over time and Gold/Silver/Copper continuing to fly (looks likely)?

The 40x @ £36 - the prior £20 top makes that technically viable.

The Gold price already appears to have gone ballistic and let's remind ourselves that during the 1970s hyperinflationary period, the Gold price 20x bagged from $40 to $800.

I repeat - if this sorts itself out, one way or another, it could be retirement money if you're brave/lucky enough.

Just on that point of end of tax year/end of quarter - the quarterly chart caught my attention with respect to a c90p bottom:

https://twitter.com/bonker_99/status/1501246106310782983?s=20

Who says they haven't already piled in?

Tax loss sells abound in March ahead of April's new tax year.

It's not just the apparent value that catches my attention here, it's the timing ...

China buy the lot for a fiver?

Could happen ...

Yes.

If it's 40% then given that everything is streaking upwards right now then it would seem reasonable to pencil-in *at least* £5-6.

So, anyway ...

What proportion of revenues come from assets outside of Russia?

30% did I hear someone say?

If that's the case then a more reasonable SP here would be of the order of £3-4, yes?

Just remember what happened after they dumped oil to $20 guys.

REALLY looking forward to tomorrow.

$2,046

"EVERY major western international company is exiting anything Russian linked"

Oh really?

Then why are Disaster Capitalists extraordinaire Goldman Sachs buying Russian debt hand over fist?

I wonder what else they're "pouncing on"?

https://finance.yahoo.com/news/wall-street-already-pouncing-russia-235915994.html

Gold @ $2,040.

Nobody tells Blackrock what to do - wag the dog ...