Member Info for CleverThoughts

Based on some of the comments, its seems some folks were expecting 100% in production. The results are goood for a company whos operations are in a war zone and export routes severely constrained.

Good to see a decent cash position and slight increase in production. I can't seen production getting much higher than this while the war is ongoing.

Anyway, i expect the SP to drop to my target of sub 70p. Its just the way markets are, damn unforgiving like my 5th wife.

The issue with Andrada is everything they have is very low grade.

Grade and volume are king in my book.

Makin, the only one with half brain cell only is you if after all you've seen this with the SP you still think it can't go much lower. Back to school little one!

Big factor which is overlooked by most folks is iron ore price. Look at the correlation between FXPO SP (outside of war) when iron ore prices were low. They aren't low yet, but every industry and country is slowing down including China.

No end in sight of war, legal and corruption issues, and declining ore prices. Expect this to drift much lower this year.

Doggers out in the woods having a wild one tonight. Ain't going be walking straight for weeks.

Seems they kicking the can down the road

Don't you dare be balanced or a realist on this board! You'll be attacked and named and shamed as a troll, deramper or worse.

Just the fact of numerical superiority and Rus turning its military-industrial complex into hyperdrive makes me strongly believe the Ukrs can't win this I'm afraid to say. If Putin was to fall off a balcony or die of natural death today, I don't see the war ending unless sanctions are removed. Its the only leverage Rus has!

Anyway long live FXPO, Long live Ukraine.

Still waiting for my sub 70p....don't fight the trend!

Before the keyboard warriors go wild and take out their anger on their wives and plasterboard walls, its just my opinion, take it easy. You can get your point across and be polite at the same time. Just read Evans posts.

You do know the UKRS are not anywhere close to the main Russian lines of defense. Rus has over 200k trrops waiting on the sidelines over the Rus border. The UKR gov has also stated it hasn't proceeded as fast as they like. The Rus have had over 1 year to prepare lines of defense and they mined everywhere! You can't cross mine fields without very specialized mine-clearing equipment. The Rus have been targeting all the clearance vehicles.

You know its bad when mainstream U.S media can't even hype the success.

CNN "In its early phases, Ukraine’s counteroffensive is having less success and Russian forces are showing more competence than western assessments expected, two western officials and a senior US military official tell CNN.

The counteroffensive is “not meeting expectations on any front,” one of the officials said.

According to the Western assessments, Russian lines of defense have been proving well-fortified, making it difficult for Ukrainian forces to breach them. In addition, Russian forces have had success bogging down Ukrainian armor with missile attacks and mines and have been deploying air power more effectively.

Ukrainian forces are proving “vulnerable” to minefields and Russian forces “competent” in their defense, one of the Western officials said."

https://edition.cnn.com/2023/06/22/politics/ukraine-counteroffensive-western-assessment/index.html

Just my humble opinion but I see the war winding down before U.S elections.

I'd bet my thumbs we zero dilution. Absolutely not necessary, company is cash positive for now.

The anchor slowly pulling the sp down is the war. Once it reaches stalemate, and it ends this will torpedo up and consolidate in the 300s.

Slater, Not sure why im being named and shamed and my name is being thrown in with that lot.

I'm long on FXPO, just near term its on a downward trend. Think I'm wrong? look at the charts 17 months or so.

Long live FXPO, long live Ukraine and fingers crossed my 7th marriage is the final one.

Evan, little backing dear friend would be appreciated.

Dilution inbound

Incorrect, the elites dont want the war to stop immediately as sanctions will never be removed off the state or oligarchs. They want a negotiated settlement where sanctions are removed.

No point of war stopping if they cant do business, travel and specifically visit harrods.

Pray*

Crouching mongoose, hidden squirrel.

Love your dramisation and how easily folks are baited by you dodger.

Certainly ain't over for FXPO, I'm personally waiting for sub 70p. Even if the Q2 results are positive, its will have a decent dead cat bounce and start the downward trend again. Its in an extremely active warzone and there is not getting away from that regardless how good Q results are.

Long live FXPO, Long Live Ukraine and we prey dodger seeks help or at least finds a girlfriend!

Folks need to control themselves and stop being sucked into Dodgers games. He's baiting you all and having the time of his life.

Sub 70p....inevitable.

Long live Ukraine, and FXPO!

African delegation achieved zilch as expected. Absolutely zero sign of ceasefire and escalations continuing.

Long live Ukraine and FXPO.

Positive rns but most of it was info we already knew. It had previously been tested in Aus and Canada.

Sensible post from Equanimity

7 trades.....

Evan, due to the Q2 production report or something else good sir?