George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
"Russia makes MONEY from POLY"
No it makes money from Germany, Italy etc sending $1 bn a day not to mention India, China buying cheap oil from them. You really think what they get from Poly is going to make any difference?
"I would rather they pay off the outstanding russian debt than pay a divi"
Think that is the only sensible thing they can do under the circumstances
"Looks like its on the cards.
Odey closed up and fully loaded again no doubt"
Indeed his sell off has smoked out a lot of the retail that bought from 1.30 - 2.40 so he can load up again. Rinse and repeat. If I had millions at my disposal I would play the same game.
"investing shouldn't involve wishful thinking no peace deals over the weekend just a new brutal offensive"
The brutal offensive is a necessary prerequisite to the peace talks starting in earnest. The sooner it is over the better. The offensive is limited to one part of the country which is better than the offensives of last week.
"US and NATO seem happy to give Zelenski free reign on this whilst Liz Truss and the Uk wish a harder line."
So Ukraine agrees a peace deal that includes lifting sanctions and the UK refuses so that more people are killed? Just can't see that happening.
" Russia has yet to unleash what most fear ( tactical nuclear ) and we can only hope they don’t, but the bitterness between sides may place unbearable pressure on any “ peace deal” so I’m not so optimistic of a near future, permanent settlement."
Putin's plan B objective of "liberating" the Donbas is very achievable now with the conventional army he has at his disposal. There will be no need risking any sort of nukes and the escalation that would bring. There will be plenty of bitterness especially for Ukraine having to give up land for peace but they have no options.
"Now we have the possibiity of Ukraine ceding the east for peace and Russia giving up on the north and west. Very different to the early days of this invasion."
Yes we are entering the end game now, one final battle to give Putin something to sell as a victory at home. And Ukraine hasn't much option but to come to an agreement, they are alone and their country will be wrecked if they don't. Come on Putin get those units refitted so we can get this finished before summer.
Last week this was potentially a conflict for whole of Ukraine with attacks on the capital, second city and many others. That would have lasted a year at the rate the Russians were going and involve 10's of thousands of civilian deaths. Now we have a regional conflict which should last 4-6 weeks before real peace talks. The window is small, get these while you can.
"Jazzy, gas will come when the infrastructure is in place, this is a shot across the boughs."
The war will be long over by then so will be meaningless as far as depleting Putin's ability to wage war goes
"And another source, gold not mentioned. Coal is the focus!"
Yes banning coal imports of 4bn a year but happily paying Russia 100bn a year for energy. That will deplete Putin's war chest. lol
Both sides now looking to get out of this mess. Lets face it Crimea had already been lost to Russia years ago and Ukraine were never going to be strong enough to take it back so they may as well agree to give it up. Donbass will be the real issue here.
"yes Poly is trading on MOEX so in theory making money for the Russian economy which could attract sanctions"
The 100's of millions the EU is paying Russia for gas every day is what is paying for Putins war machine, not the tiny amount they get from this company.
You seem to have missed the bit where it said that they would not be sent to any 'hot spots'. They are conscripts and would need months of training anyway so this will be over before they are trained.
Ian Duncan smith has been calling for a lot of things.
Well he has so far qualified for a 50,000 a year pension guaranteed courtesy of the taxpayer so probably doesn't give a toss if the little people lose a part of their meagre pension to his virtue signalling.
"as russia is passing laws to hold western assets . This is clearly a no win situation for russia so common sense will win out."
Right now I am more concerned about UK gov holding assets without passing any laws or providing any legal basis.
Who exactly has been sanctioned here. RA assets frozen along with lots of average UK nationals based on baseless maybe they supplied steel to make tanks. RA and his pals will not lose out, they will end up with all the assets in Russia when Putin retaliates. It will be the little guys as always. The EU sending 100s of millions every day to the Putin regime energy companies to fund his war and they mention this company as they might supply steel. What a joke.
"Below the price it was before the big spike, bargain!"
Before the big spike there was a hope value that the POC device would generate big sales once approved. We now have it approved in EU for months and it looks more and more that there will be no big sales so is it a bargain really?
"This SP is virtually reflecting that the company is about to go bankrupt not fully funded.
Get a grip people"
No, it is reflecting the now increasing chance that there will be no or only small sales from covid products. It is reflecting that any AIHL sales in UK will still not mean a profitable company so will need more placings. It is reflecting that any AIHL sales in Europe is a long way off so why would anyone expect them to be included in the MC at this time. AIHL sales into US is god knows when. No sense of urgency from Budd when he collects a huge salary every year without sellin anything.