Member Info for chique

USD-AUD rate is 1.39 on that so way off , am changing it to 1.54 for the moment
will need to make exchange rate selectable option with such movements , or get it dynamically

"GBP only weak against USD and nothing else? Don't travel much do you... "

Do you keep an eye on FX then? , as GBP-EURO was 119 - 120 last month and now it is 110 , but was down to 108 at one point today

https://www.theamericanconservative.com/holding-ground-losing-war/

an extract
" “Washington is trying to turn the ruins of the Ukrainian state into an open, unhealed wound right next to Russia. From the very beginning, the problem with this approach was that Russia always had the resources to escalate the fighting dramatically and end the fighting in Ukraine on very harsh terms. And this escalation is already underway. Washington is faced with a stark choice: declare its surrender in Ukraine and scale back its activities, or risk a regional war with Russia that will engulf Europe "

" In matters of money trust no one "

I think I saw that or very similar in 'onedin line'

Depends on how much of a mess Truss makes , larry Summers was commenting that we could see parity

If it stays down or goes lower than the current 1.08 , then our earnings in pounds are going up considerably for our dollars earned

"Now I hope I'm wrong and that the correct corporate action procedure is followed for a resolution like this and all holders get to vote, but based on what is being posted and the lack of notification I am seeing, this is starting to look very dodgy."

There you go again with inane comments , do you really think people with shares in the position you mention will in any way even be able to influence this vote zzzzzzzzzzzzzzzzzzzzzzz

We also need to look at the fact that men up to 60 had been barred from leaving Ukraine , yet they were still getting out.

This is natural , there will be people who think why the f** should I fight

It is also the same in Ukraine to put some balance this I can tell you for sure , in addition and actually had a group of Ukrainians asking me if they knew a cheap hotel for a few months.

main market getting a hammering as well as EURO and GBP against USD

111,000 sold at the 'mid'

amazes me how people parrot things they do not actually know to be true - they are believers - not a trace of doubt in their mind , as a 60's band used to sing

no mention of not keeping

Thanks for that I missed the beginning

big assumption but also in a very limited scope , I am guessing POLY will be employing experts ( not one man bands ) who are able to work there way through how the various trade barriers affect them and how to navigate these in the best possible way across multi-jurisdictions.

I know who I would trust with this task! and it would not be someone on this BB or BB

I know that there are complex sets of rules , and particularly when you roll in sanctions on top of these.

I doubt very much you even have the ability to drill down into how one set of rules affects another across multi country transition of goods.

You can use the words but from your comments on here over the months , I doubt you really have a grip as to how all these sanctions / rules relate to one another across different jurisdictions.

big-blue
You have some really weird ideas , I think you are using this forum as a personal therapy session , I also import and export but at our level ( and I think you are not a big exporter ) you really are not qualified to comment on a billion dollar turnover company sales of gold and the issues related to that.

The company see a meaningful reduction in net debt second half this year ( currently at peak nebt debt )
2023 ( unless any deterioration ) free cash flow
Geo political situation fluid
Some countries where we sell extremely unlikely to introduce restrictive measures on sales, others may
Already have UK etc restrictions baked in -
They are cautiously optimistic
When would net debt become problem - answer 2.5 , but he said 2.27 was peak anyway
No problems with banks re net debt ratio
Friendly jurisdictions could be Hong Kong , china , Kazakstan and emirates - but lot of work to be done
Problems with split anyway due to approvals required and risks if approval not granted
Mineral tax increase in kaz will add 5-6% to AISC in Kaz
new site for Pacific facility very close to final decision and action plan 3rd quarter results
Partial mobilisation issues , too soon to say but monitoring. no impact on corporate actions

my link a bit hard to understand after this

1.5 - 2.0 debt ratio to resume dividends

currently 2.27

1.5 - 2.0 debt to resume dividends