RE: Q3 RESULTS AND WHAT I AM LOOKING FOR2 Nov 2022 08:38
Valid point Blue....why just mention Rus? Likely due to difficulties in doing business from Russia. Banking, logistics and many buyers staying away from anything Rus origin.
RE: Q3 RESULTS AND WHAT I AM LOOKING FOR2 Nov 2022 08:06
Poly long but this rns was nothing to be doing cartwheels over. Just my opinion, wasn't good, wasn't bad. I was expecting debt down more by 100 or 200m. I didn't have any expectations of massive reductions on debt like other posters but I certainly expected a little more.
I got 4 buys set at 200 which I expect to get in the near term.
They really have shown themselves to be 2nd tier military. Ground forces useless, no coordination between ground forces and air force, not able to get air superiority after 8 months and don't even get me started on their soviet command control (every decision is sent to the top and then has to come back down).
The russians got far too confident after their success on taking on ISIS which only had ak-47s and suicide trucks.
The Americans, never mind NATO combined would WIPE THE DECK with Russia in a conflict. The Russian nuclear deterrence has never been more valuable to them after their performance in UKR.
RE: Q3 RESULTS AND WHAT I AM LOOKING FOR1 Nov 2022 13:12
You certainly will not see a "massive" reduction in debt, not sure why you would expect that with all the pressures the company is under. A small reduction in debt with some statements stating we expect the debt reduction to continue and increase by a reasonable amount next quarter will suffice....for now.
The sells outweigh the buys 3/4 to 1 but the SP won't go lower....interesting and frustrating for me.
In the words of Winston Churchill - no money, no honey.
"once people stop the constant breathing in of these fumes that blanket our towns and cities. Personally I’ve got little doubt they’re a significant contributor to allergies, asthma, and whole raft of other things."
"remains variable and limited, which has an impact on the cost effectiveness of production"
In other words our operations aren't cost effective if we use it and likely can't power the whole processing plant ie not everything can be on at the same time without it cutting out.
"partial resumption of production activities at its operations in central Ukraine."
Self explanatory, partual and only central ukraine.
I do applaud fxpo ok communication, not to little, not much but keeps us updated. The rns is leaning on the side of good only because they have stockpiles but I don't imagine they have much left.
Don't think we'll get to 60 without something major happening that supersedes the the war....
If the power is out for a very long time and they announce a few times zero production.....maybe but that certainly is lsnt imminent.
The attacks on power and water only seem to happen when ukr attacks Crimea, navel vessels or Russia. The most recent attacks is due to the massive drone attacks on naval vessels and preciously the Crimea bridge.
Just how EU and UK has put has industry on notice that if we have low gas and subsequently low electricity, homes will be a priority and industry will take the hit. Be sure its the same in Ukraine, industry will have to switch off so homes get power first.
This is without a doubt goibg sub 90p. There is zero production due to no electricity which the processing plants require. No electricity = zero revenue and risk of some sort of military strike on the processing facility (unlikely but it is a war zone).
Awesome company and resource but unfortunately it's locates in an active war zone.
Got 10k set aside once its low enough to reflect the risk.