Member Info for DShox

It's true that at the point Trump announced he planned to meet Putin in Budapest, no such confirmation or formal arrangements had been agreed by Moscow. So it's not a case of cancellation, postponement or otherwise. There are security issues and safe passage over Europe to consider. Reacting to and still taking corporate media seriously is an exercise in futility - these are not reliable sources of information, but a reflection of the emotional state of the European political media class. No doubt the aim is to meet in Budapest and dialogue continues. Yes, Zelensky is against negotiations because he gambled and lost - that's expected. Whether Trump forces him out or not depends on US interests.

Expect massive press misdirection. You have already seen a WaPo hit piece, possibly following leak and spin by a foreign office insider, on the Trump Putin call the day before Trump met Zelensky. The FT also published a story where the sources are 'European officials,' probably British, briefed by Team Zelensky after his Trump meeting, painting Trump as angry. Does that make sense given Zelensky's the one with no cards?

Trump said aloud the US cannot supply Ukraine. He sees a collapse and doesn't want to repeat Nixon's mistake of supplying a losing proxy or he will own the defeat. Europe will cling to the war puppet in Kiev - Starmer, Macron, Merz, Vonder et al have tied themselves to his ankles. He goes, they go.

The US is a ruthless great power and it'll serve its own interests. As with Vietnam, the US is very capable of making a deal, walking away, and leaving Zelensky to fight in until he gets his wish - a flight out to London or Paris for a new life as pretend permanent President in exile as Ukraine is completely absorbed into Russia.

Just be open to idea some of these perennial accounts are manned over time by multiple people. In the meantime, we move on.

Interesting moves in the shares now. MMs all updated this last 25 mins on L2. Much better.

Been awhile since we had Ramming Speed.

Just to drop something in. For years we've talked about processing routes and offtakes etc. Secondary sanctions, making banks nervous of handling transaction funds also slowed EUA. And then of course lack of business trust between Russia and China pre-war. I'd say all of those hindrances are lessened. China for example has stared and forced the US to backdown on its tariff war by restricting rare earth exports, is openly developing financial systems that bypass the dollar including the SCO Development Bank initiative, and buying concentrate and dore from miners. Since the SMO, China Russian relations, particularly in the business sphere have also improved markedly with the Power of Siberia II pipeline testament to an improving deal environment. In short, there's more options.

There's two triggers. A sale at a reasonable price in today's limited environment. Second, a peace accord that alleviates those limitations (i.e. sanctions) and allows the market to set a new share price, one that correctly values the assets and prospects of a sale to all parties unencumbered. The Trump administration fanfare ahead the next two weeks indicates the process of rapprochement is coming to a positive head.

Company proven ability to finance itself at UK and local levels, and extend/advance assets. Positive language on state of business and outlook. AIX remains vehicle to facilitate liquidity event.

Quite optimistic times in my view. Judging by the sp direction.

Lots to distil. In my view there's something to it and now a relatively rapid push from the Americans for an "Istanbul+" deal. This is motivated only by US interests, priorities and realities given the failure of Project Ukraine and desire to focus elsewhere.

In all the noise, spin and media misdirection. The most important detail - the US and Russia are in bilateral negotiations once again, a process continuing since February. No Europeans, no Zelensky. This meeting was almost certainly requested by the US, the result of Witkoff's visit to Moscow, indicating Putin is helping Trump get the neocons off his back. As per Putin's address to his officials yesterday, he describes two dialogues. The first is "engagement" with the US on trade, economy, global security including Europe, arms controls if there's resolution on Ukraine, and normalisation of relations. Second, is a bilateral negotiation with Ukraine i.e. continuation of Istanbul process between only Russia and Ukraine. Expect there to be Phase 2 meeting in Russia shortly following Alaska and again, the MAGA wing will aim to set sail before the Senate neocons return from recess in September.

Trump, who has already accepted an invite to visit Russia as announced by Putin's Presidential Aide Ushakov just after news of the Alaska Summit, aims to conclude his key exit agreement(s) with Putin before the Senate returns from recess in September. Trump did his one-sided trade deal with Europe, humiliated Starmer and Von der Leyen, played along with the neocon-liberals on "massive tariffs" on BRICS and then when the deadline came, "suddenly" announced a Summit in Alaska that both he and Putin understand presents the mutual exit opportunity. Somewhat "conveniently," Trump had the results of a gallup poll to announce, stating 88% of Ukrainians want an immediate deal. He can play Europe's claims that Putin wants to conquer all of Ukraine and Eastern Europe back at his critics, stating he stopped Putin at the 4 regions. The optics of the Russian President invited to US soil after over a decade of media and Obama-Biden era demonisation. As for Zelensky, his aim is to hang until the Russians enter Kiev so he can be flown out by the UK/France for a life on the French Riveria, pretending to be President in exile enjoying his ill gotten gains. Trump, as he did before, can simply cut off intelligence sharing to Ukraine and threaten to open corruption investigations into Zelensky to force his hand. Trump confidently claimed he'll know whether he's got a deal in the first 2 minutes of the meeting. Now, the stakes are high, the neocons are on leave unable to pass troublesome legislation and the Europeans/Zelensky forced to join by VC. The diplomatic and geopolitical irrelevance of Europe according to Arnaud Bertrand not seen since the 1400s on the fall of Constantinople. Fundamentally, if Russia was not clearly winning the hybrid war, the US would not be interested in negotiations or inviting Putin to the US. GLA.

US OFAC exemption granted for Paks II nuclear project in Hungary for supply of two PWRs and Russian Central Bank, which extends to all civil nuclear power projects under the licence definition.

So when does the turnip resume trading?

Frankly, what can now be expected? Key is the shares taken up are placed with directors who will hold as they deliver a new strategy. That's important - there must be a connection between the placees, the point of saving the company and an RTO.

From FA Simms website:

A Company Voluntary Arrangement (CVA) is a formal business rescue option for insolvent companies. It’s initiated by the directors and leaves you in control of your company while the insolvency is dealt with.

We can use a CVA if your company is experiencing difficulties in paying its debts but has an underlying business that’s worth saving.

The advantage of a Company Voluntary Arrangement is that it can ensure the survival of your company, while interest on debt repayments is frozen and affordable instalments are agreed.

Doesn't sound very clever.

Appears Board is changing for a new direction.

So this month CZN expects to have completed its corporate restructuring, which then allows it to publish its R&As and lift suspension of trading in its shares.

Might be mining related.

There's a chat going on or was, because some months ago, via a contact, I assisted a connection with a possibly better mining opportunity. So I hope the board are progressing.