Member Info for CleverThoughts

Curious to know what narrative the negative posters will use once the JV is signed

Anyone post a link where I can listen to the Q&A?

LTHs will do very well from EML.

Clued, the U.S has conducted much testing with tactical Nukes when nuclear testing was norm. Nukes on artillery rounds, very small gravity bombs, depth charges and even land mines. The fallout was very small and extremly unlikely to go to nato countries. Imagine the range of artillery rounds, the standard M795 round which u.s marines use only goes max 14 miles so nuclear fallout must of not been an issue. The bombs dropped on hiroshima were 15 Kilton and tactical nukes are 1 kiloton or less. Largest nukes around 100 kiloton.

The interesting thing is they don't even make much of difference on the battlefield as no army has 1000s or 10000s of thousands in a very small area.

It's simply more of warning, of don't test me I'll do anything to win. Its an effective psychological weapon rather than having meaningful battlefield use.

Anyway, hope you're right. I would think putin demise is most likely by an internal assassination by "sickness such as heart attack". There is lots of upset oligarchs around

Reading this thread makes you scratch your head....not sure what all the hostility is about.

Not topping up and reduced holding.

The threat of nuclear armed russia using a tactical warhead is real. Which side will blink first? I'm afraid to say it won't be Russia. Do they want a quick peace and ceasefire? 100% but without losing face. Which side is more determined? Russia. Are European capitals willing to risk a nuclear war over a non nato, non Eu country? I'd say no.

Expect the mother of all drops on all stocks globally if they use nukes, every low yield

Hope I'm wrong, may peace a prosperity prevail.

IMO dangerous time to be holding ATM. AISC for too high, tin price going down and I expect it to touch 15k, dollar on steroids and global recession inbound. Central banks stated its all about bringing inflation down regardless of recession, China under lockdown and sign of let up.

It will get much worse before it gets better.

Feck would they exit russian assets, the crown jewels are in Russia with near limitless opportunity to expand.

Bring on the end so my kids can get their life long divis in their Junior Isas.

Dead cat bounce....

I see us going to low 5s minimum...

Can they please occupy areas which POLY mines are located and provide a nuclear umbrella to those territories.

While there at it, also seize Norilsk and POGs mines/processing facilities.

United States of Nato or Natostan has a good ring to it for our new found territories.

No doubt its a critical metal and the future is good if you take a long view on ATM but I certainly see this going sub 4.

The worst to yet to come on markets.

I'm still topping up but hope we don't get a bad RnS otherwise it will smash the strong 100p support.

The way the markets are and how folks are reacting there's no tolerance for anything bad.

I agree we just have to wait.

Either this is going to court or FXPO is paying a large chunk of cash to close this off.

Waiting for the the drop sub 110 and I'll be topping up. The markets are a bloodbath for the foreseeable future.

Before ruling, Fxpo owns 100% of FPM
Post ruling, FXPO owns 60% and claimant owns 40%

Fxpo share holders have not be diluted or lost any shares as the claimant won against FPM not FXPO.

Sinking like a gypsy in water

Dang....sinking like a gypsy in water.

Low 10s here we come..

Evan, prior to the court ruling all shareholders owned 100% of FPM, now we own only 60%, so minimum 40% revenue/profits and dividend from FPM will go to the claimant.

FPM is 50% of revenue for FXPO, so now that the claimant has "won" they have just taken away 20% of FXPO revenue, profit and dividend.

It's like me coming to take 20% of eveeything you own such as income, house, car etc and you commenting I'm not bothered.

Mkt cap of £50m.....

This is purely down to the markets, we are in a strong bear market and the $ is on steroids at present. I expect commodity prices to fall further as manufacturing slows down and grinds to a halt soon due to gas rationing and energy prices. Germany the manufacturing powerhouse of Europe has explicitly stated citizens will not freeze but industry will have to take all the burden.

HZM long!! May the suppressed prices continue so I can keep topping up!

Before everyone gets emotional with what I'm about to say please know I'm a holder but folks are on cloud 9 if they don't understand the magnitude of this court ruling or thinking we're near bottom.

Apart from the conflict which smashed the SP down but now we have a court ruling WITHIN a very corrupt and high risk jurisdiction in a a country where all our operations and revenue are based. FPM entity includes the Poltava mine (nearly 50% of output for FXPO) and processing facilities. The claimant has won the case stating 40% of FPM is owned by them. How anyone can think everything is ok or its priced is beyond me.

I would not be surprised to see this drop past the conflict lows.