Member Info for CleverThoughts

I think folks need to manage their emotions....

This was inevitable until the 1p warrants expire on December 31st...

Your pessimism will be missed Carl....

Go Cine.

Just bobs around 242 mark..

If I had to guess the next breakout to 280 300 mark is sometime in Jan likely Q4 results....

Kobold just signed a $150mln with Zambia to mine, it license area has been drilled and average copper grade is 3.8%!!!

I've 20k allocated for FXPO and was waiting for sub 100p but with ZERO end in sight for the war, and in fact all stakeholders preparing for a long war I think POLY might be the way to go....

Carl, you should take Putin out on a date to your beloved Cine and sweet talk him into retreating. If necessary take one for the team and put out if it convinces him.

2 weeks before the invasion it was at £2.84, which means it's only dropped circa 40% although all assets are located in an active warzone, a drastic reduction in overall annual production and even more if you look at the H2 of 2022, no sign of war ending, legal issues with our largest producing mine, no current dividend, and limited power

I'd agree with Christo, it's bizarre, to say the least how the SP is this high but it "should" of already dropped like a stone. I have no explanation for why its where it is, taking into consideration the above and how the markets are as well, the smallest bad news stocks drop 10+% or even good news they drop.

Bizarre!!!

Agreed, its certainly sending a clear unequivocal message that they need to fully withdraw from Ukraine.

The congress is about to pass a bill which gives the president continued authority to spend $14.5 billion for FY 23 of weapons in U.S stocks and an additional $9.3 billion from anywhere else ie eastern european states which still manufacture a lot of the arms, parts, artillery rounds used by UKR.

The swifter and severe the thrashing for Rus the quicker this can be over. Rus targeting critical infrastructure shows they're desperate, due to the fact they can't win militarily .

This stock seems promising but it won't be consolidating over 1p until warrants expire.

In the meantime I'll keep topping up - I have another by set at 0.84p.

Lets say they produce something in-between Q3 and Q4 figures every quarter next year - 0.5 milllion tonnes = 2023 we would produce 2 million tonnes. Just my opinion but I think 2 mil is optimistic purely down to the determination by Rus to knock out all power and make it unrepairable.

Ignore my anyone able to calculate total product note, its at the bottom of my comment.

Positive they are producing something and generating some revenue.

Q4 2021 - produced 6.0 million tonnes of pellets and 2021 total production was 11.2 million tonnes of production (would of been higher if there wasn't issues with pelletisers).

Q4 2022 - produced 0.3 million tonnes of pellets, a 95% reduction from last. Anyone able to calculate/estimate total production for the year?
Q3 2022 - produced 0.8 million tonnes
Q2 2022 - produced 2.1 million tonnes
Q1 2022 - produced 2.7 million tonnes

Total - 5.9 million tonnes (2022) - 11.2 million tonnes (2021) = reduction of 5.9 million tonnes.

5.9m is a decent figure considering there's an active war but you have to keep in mind nearly all the production was in H1 2022. If this was war continues which IMO it will, 2023 is going to be disastrous for the company.

FYI - the pentagon has been ordering various military equipment which will be delivered between 2-4 years time to UKR, so seems they are in it for the long term and do NOT want a swift end to this conflict.

No more delays, next Xmas, 30p plus.

This is a excellent long term hold and I'll keep adding. Keyword is longterm.

Can't see how long this power can be sustained when everything the Russians are doing is about making life as miserable as possible for the ordinary citizen by knocking out critical infrastructure notably power and water.

Huh....interesting rns.

Active tele-gram group.

Search ferroalloyresource

I'm here for the long term dividends but I don't see this occurring until at least 9 months after the war has ended (whenever that is) due to the companies weak financial position. They will still have plenty of fixed overheads which they're paying.

Absolutely there is lots of potential, you just have to take a long term view on this.

Waiting for 10pish to top up.

Where those stop loses at....

My limit order was before the rns today....

Waiting for 10p

Sub 10p?