Member Info for CleverThoughts

Got and additional 5k to put into this....as great as the prospects are, its been pumped somewhat. I'll wait for things to calm down....

Does anyone know how to convert them? Very confused on how I go doing it.

Investor relations is not being helpful and BNY Mellon, I cant get past reception.

Waiting to see how Ella will spin the JV announcement.

Do admire your persistence, although I don't understand your motive. I only thing I can of is you want to pick up as much as you can on the cheap.

All guess work 8p, 10p, 15p+. The SP rise will be based on the terms of the JV deal, ie do they have spend a minimum on exploration, do we get a chunk of cash etc etc

The REAL value will be when we start drilling and getting results. Personally I will hold every share I own and won't be top slicing for a long time to come and likely add. There is very few copper plays globally.

I'm of the impression a TO is incoming but not at 12p. Why on earth would they oay 12p from a postion of utter one sided atrenth. They've just defaulted... 6p-9p is a realistic and fair value for the absolute shambles this is in at the moment.

Never been involved with share consolidation...will it go up or down they day after? The brief research I did shows the SP goes down briefly after its consolidated.

I got £5k to spare and wanted to top up here, not sure to do it now or after.

Funny I was trying to contact BMY Mellon but couldn't get through to the person who handles MNOD.

As per the decree signed by putin, no dividends or voting rights for adrs and must be converted into direct Russian shares. Is there any uk platforms that's allow moex shares? I doubt it but anyone able to shed light?

What happens to all the JRS shares? Bad PR for them to exchange the shares to moex shares...veey unclear.

This is from the press release of MNOD.
"ADRs will become non-voting, and dividends will not be paid on shares underlying ADRs. Following the withdrawal of underlying shares, ADR holders who hold ADRs as of April 27, 2022 may be able to claim unpaid dividends under the procedure set forth in the Russian Federal Law on Joint-Stock Companies for unclaimed dividends.

The record date for the surrender of depositary receipts is April 27, 2022. ADR holders should not enter into any transactions involving, or otherwise transfer, their ADRs on or after April 27, 2022 as the purchasers or transferees of such ADRs will not be able to receive any entitlement to the underlying shares.

The Law provides that Russian issuers must initiate the termination of their deposit agreements not later than five business days from April 27, 2022 unless they apply for a permission to retain their depositary receipts programs. Nornickel is evaluating its options with respect to its ADR program. There is no assurance that if Nornickel applies for the permission, such application, if made, will be successful."

Buying spree...someone just want 4.4m in tranches of 1m mostly

I'm new to how these trusts work, I can see there is GDRs and ADRs which have been suspended on LSE. Is that not the main reason this doesn't move up/down as its shares are suspended and this can't move either.

Can the close the trust down due to the massive anti Russian sentiment?

telegram group link?

Good suggestion Dave.

£175k salary for ME. It's a mind boggling amount of money for a company that is not generating £1 in revenue.

This talk about him providing a directors loan - he is taking money out of his pocket and putting it into his other pocket. The loan is being used to pay his £175k salary and others with a few other costs. End of the day he gets it back as cash or shares. Worst comes to worse they can always sell the resource on, you would think, but based on the history you never know.

Looking to have your summary of why CMRS? Before you all shout DYOR, I am just
Starting my own due diligence. Cyprus seems very promising and being a safe jurisdictions in Europe it would fetch a major premium if all goes to plan.

How does this compare to CHF? Fyi looking to build a postion for the long term.

Looking to have your summary of why CHF? Before you all shout DYOR, I am just
Starting my own due diligence. Cyprus seems very promising and being a safe jurisdictions in Europe it would fetch a major premium if all goes to plan.

How does this compare to CMRS? Fyi looking to build a postion for the long term.

Align have zero credibility. They will play us like fools and profit on the way.

A tweet a few back stated they will fund the project if Gros isn't successful, my immediate question why have you not done that already! Absolute bs by them, zero trust. Several million is peanuts in the world of mining....something is seriously wrong if you can't find that in a upcoming super cycle.

As negative as I amabout Russian stocks you can be sure something is going on in the background. I would go further and say something positive.

I think we will be considerably lower than were we are today by Friday close without a positive update.

There is certainly huge potential for this to be a world class mine BUT its a long term hold.

Buy and forget its there...you shall be rewarded.

Although I agree the price will go higher overtiem, not sure about skyrocketing.

The biggest consumer of copper in recent times was the Chinese construction boom, which has all but stopped now with the controls the state has put in. Vast ghost cities being built with not a resident in sight, just somewhere to park your money. XI stated recently "houses are for living in, not as an investment".

Simon, what other names for mining stocks did this chap drop?