Member Info for chique

Nick - you need to go elsewhere like I do - My loyalties - POLY on this forum - we all have deeply felt feelings but I discuss those elsewhere

nick - get a grip with your personal stuff - this isn't a counselling forum for your heavy heart

https://www.washingtonpost.com/world/2022/05/26/ukraine-frontline-russia-military-severodonetsk/

Oleksiy Arestovych, a top adviser to Zelenskyy, has said the purported capture of the strategic town of Lyman in Donbas region shows the “growing level of operational management and tactical skills of the Russian army”.

Arestovych said in televised remarks: “according to unverified data, we lost the city of Lyman. The Russian army captured it.”

“And the way it captured [the city] shows that there are very talented commanders who organised the operation correctly. And this shows the growing level of operational management and tactical skills of the Russian army.”

The statement came hours before pro-Russian separatists claimed on their Telegram channel they had taken full control of the town, which contains a strategically significant railway junction.

" Zelenskyy has said that while talking directly with Russia’s Vladimir Putin may not be popular, the country has to “face the realities” that direct engagement is needed to end the war.

“There are things to discuss with the Russian leader. I’m not telling you that to me our people are eager to talk to him, but we have to face the realities of what we are living through,” Zelensyy said in an address to an Indonesian think tank.

“What do we want from this meeting… We want our lives back… We want to reclaim the life of a sovereign country within its own territory,” he said. "

No mention of territorial boundary such as donbass or Crimea - just within it's own territory

With the latest considerable Russian advances plus 20,000 russian forces poised to go south from Izium , and the fact that lyman has fallen which puts Slovyansk in reach of artillary

maybe the penny is dropping in Kiev

FA

Do you really need to spam the board with what jotom thinks about a negotiated settlement

What is important is whether there is one coming soon and the progress

Anything else is totally irrelevant unless jotom somehow has the ear of VP

34adsaddsa

Your shares are worth more but they are at a give away price

I was expecting a minimum of 20p not the 11p you speak of

Tenaz 2021 turnover 15 million profit 5 million

so with transaction fees and conversion rate I could sell at this moment for just over 10p ( per existing share ) if I sold the .075 multiple now

38 Welbeck Street
W1G 8DP
London
United Kingdom

Telephone: +44 (0) 203 219 5640
Fax: +44 (0) 203 219 5655

CALGARY, AB, May 25, 2022 /CNW/ - Tenaz Energy Corp. ("Tenaz", "we", "our", "us" or the "Company") (TNZ: TSX) is pleased to announce it has reached an agreement to acquire all of the issued and to be issued share capital of SDX Energy PLC ("SDX") in an all-share transaction (the "Transaction"). In the Transaction, SDX shareholders will receive 0.075 common shares of Tenaz ("Tenaz Shares") for each SDX share ("SDX Share") held, valuing SDX at $34.3mm based on the May 24, 2022 closing price of Tenaz Shares, representing a 28% premium to the May 24, 2022 closing price of SDX Shares. All monetary amounts are in Canadian Dollars.

Completion of the Transaction is subject to a number of conditions and approvals including, but not limited to, the approval of the TSX, and shareholders of both Tenaz and SDX. It is expected that Tenaz will hold a shareholder meeting to approve the Transaction in late June or early July, with SDX expected to hold a shareholder meeting to approve the Transaction in July.

The Transaction
Tenaz is focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders. SDX has producing assets in Egypt and Morocco which are well suited to Tenaz's corporate strategy. Both countries are within Tenaz's primary regions of focus, and SDX's assets create a production base with the potential to build an operating presence of significant scale over time. Egypt is a resource rich country that recognises the importance of the oil and gas industry to its economy and energy security, and accordingly, encourages sustainable hydrocarbon development. Morocco has a supportive fiscal environment with local natural gas demand that provides a ready market for domestic production.

As at year-end 2021, SDX held approximately $23.7 million of working capital (including $13.5 million of cash), no debt and $89 million of Canadian tax pools.

With the Transaction, we will have proforma proved and plus (2P) reserves of 17.3 mmboe (as of December 31, 2021) and production in excess of 4,500 boe/d, as outlined below:

My reading of the gold price drop from 1900 , was the fact that many investors had to sell down due to the stock market crashing , ie needing the money

Following this it was forecast that gold would then reach new highs - here's hoping

It is the media who lit the fire

The media are slowly extinguishing this fire as well as a growing number of politicians

I think the public also are becoming more and more aware what this is all costing them

bbc.com kiev correspondent - James Waterhouse

more and more media switching to diplomatic solution including zelensky

Right now, the most likely outcome in Ukraine looks to be a return to diplomacy - something President Zelensky hinted at in his interview earlier.

The alternatives are a change of heart in Russia, or even a change of leadership there – which seem far less likely.

Zelensky has made it clear that he doesn’t have the means to push the Russians back, which is why he’s urging people to stay cautious about the eventual outcome. But we’ve not had any signs of the Ukrainian resistance easing in any way.

So I think any resolution is going to rely on a peace deal at this moment in time.

The Donbas in the east is still Russia's priority. We’re hearing from Ukrainian forces that Moscow is throwing everything at the region – possibly because its troops can move more freely now that the Ukrainian city of Mariupol has fallen.

Recent bellicose statements from Washington — President Biden’s assertion that Mr. Putin “cannot remain in power,” Defense Secretary Lloyd Austin’s comment that Russia must be “weakened” and the pledge by the House speaker, Nancy Pelosi, that the United States would support Ukraine “until victory is won” — may be rousing proclamations of support, but they do not bring negotiations any closer.

In the end, it is the Ukrainians who must make the hard decisions: They are the ones fighting, dying and losing their homes to Russian aggression, and it is they who must decide what an end to the war might look like. If the conflict does lead to real negotiations, it will be Ukrainian leaders who will have to make the painful territorial decisions that any compromise will demand.

The United States and NATO have demonstrated that they will support the Ukrainian fight with ample firepower and other means. And however the fighting ends, the United States and its allies must be prepared to help Ukraine rebuild.

But as the war continues, Mr. Biden should also make clear to President Volodymyr Zelensky and his people that there is a limit to how far the United States and NATO will go to confront Russia, and limits to the arms, money and political support they can muster. It is imperative that the Ukrainian government’s decisions be based on a realistic assessment of its means and how much more destruction Ukraine can sustain.

When I moved mine to ISA I touched lucky - sold and then price dropped about 30p :-)

British bulls have moved their status to ' stay long '

https://www.capitalfm.co.ke/news/2022/05/russias-invasion-of-ukraine-sets-off-latin-american-fertilizer-race/

There is a severe shortfall across the region leaving countries competing for available fertiliser

some info on IG
https://www.ig.com/uk/trading-platforms/dma-trading/what-is-dma-in-trading

It's of no use to you or myself as we do not have direct market access to take part in the auction