Member Info for JohnNth

Ray of hope for FXPO..........

https://www.msn.com/en-gb/news/world/zelenskyy-orders-election-planning-after-full-ceasefire-eyes-july-2025-the-economist/ar-AA1BX3J4?ocid=msedgntp&pc=U531&cvid=9c4fb106ddf444efbd9b042982d71b67&ei=97

WATF....In a December 2023 interview with Der Spiegel, Klitschko accused President Zelenskyy of authoritarianism due to the president's use of powers under martial law.

Of the president, Klitschko said, "At some point we will no longer be any different from Russia, where everything depends on the whim of ONE man."

Zelensky is a de facto dictator of Ukraine who wants to stave off the inevitable for as long as possible. He is still desperately striving to achieve something positive which he can take to the people of Ukraine eg. potential NATO membership, but not having any success. His record to date is dismal and would be indefensible in any free and fair election. So he is resorting to the next best thing which is to eliminate prominent oppositions like Poroshenko, and potential rich election funders of oppositions like Zhevago using sanctions and freezing their assets.

He is also ensuring there's no one in his ranks capable of challenging him in any future elections. Hand on heart, ask yourself this; other than Z how many other prominent politicians do you see or can name representing Ukraine on national and international stage. Answer is NONE...he is here there and everywhere pretending to be a strong leader, but it isn't working with people of Ukraine and he knows that despite poll readings.

As Poroshenko said most recently, the persecutions of opponents have come at a cost of unity in the political hierarchy and public in general and that is a shame.

Putin says Ukraine be put under temporary administration until new leader/government elected. This makes total sense as we would not have free and fair elections with Z in charge as he has already taken measures (sanctions) to side line his potential opponents. Not only he has sanctioned opponents, but rich individuals who would have the resources to back his opponents.

https://www.msn.com/en-gb/news/world/putin-suggests-temporary-administration-for-ukraine-to-end-war/ar-AA1BPvso?ocid=msedgntp&pc=U531&cvid=af081bf6bb724ddf9c6d442cad82e5a1&ei=18

Ceasefire is just around the corner imo. Europeans excluded from talks are weaponising SWIFT to gain relevance/influence. The so called 'coalition of the willing' will want a role inside Ukraine for its security once ceasefire is agreed and I think Russia will yield to that with some preconditions on things like type of armour deployed.

All parties involved want to stop the bloodshed and they will make sure ceasefire happens pretty soon.

Clearly, most urgent and immediate issue to be resolved is that of withholding of VAT refunds by the authorities. IMO scaling down production and laying off personnel to preserve cash is not the solution, although the company may be forced to resort to that as a very last resort measure.

Laying off 8,000 or so personnel at the outset to preserve cash to ensure survival will only play into the hands of the authorities who would use excuse of national interest (preservation of jobs) to 'expropriate' FXPO assets. I am certain the company is paddling like hell to get the 'decision' overturned.

Beyond this, I cannot see the authorities stepping back from their pursuit to get the money (approx $115m) which it thinks is owed by Zhevago. IMO the company may well be negotiating an end to all claims as we speak cos the stakes are now very high if situation is not resolved soon.

Also, I get the feel the authorities are hell bent to ensure its Zhevago who suffers the loss by openly naming him as the reasons for their actions. So if the company eventually ends up settling the whole matter, the onus will then pass to Zhevago to reimburse the company from his own pocket.

A general election would resolve problem overnight but that won't be happening for another few months at the very least.

With earning release due next Monday, I get the feel sp will move higher each day up to the release date. In the ensuing conference call, there's bound to be questions on GDR listing to boost sp and divis given the astronomical rise in price of gold.

To ease shareholder frustration, it wouldn't surprise me if the company gave sp a push in the coming days.....after all it takes hardly any money to get it to sky rocket.

Ceasefire in the Black Sea should be good news for FXPO, but sp moving the other way. This means the legal hurdles are proving a much bigger block on sp moving higher.

Victories in the courts would push sp higher, but only the removal of Zelensky can free-up FXPO altogether.

IMO the authorities may be trying to force FXPO to lay off workers to provide them with an excuse to nationalise its assets, or at least force them into a settlement. FXPO is doing the right thing by challenging it head on.

Further, regards that farcical $3.7bn claim for illegal sale of waste products; when you file any claim in the UK court, you have to send a cheque made payable to HMCTS to the value of 1% of the claim which you get back 'only' if you go onto win the case.

I checked, and such filing fee payable on application in Ukraine is 0.9% which equates to $33.3m ($3.7bn x 0.9).

This would jog mind of any claimant before filing such a claim as it is a lot of money to lose if the claim is struck down by the courts. However, this did not pose any problem for the authorities in Ukraine as it would just be an internal transaction; payment by one government department (National Police of Ukraine) to another (Court of the First Instance).

There is no cash outflow from the authorities to any outside party.

Even case against Zhevago is questionable; more like persecution by regime in power. Application for his extradition from France in 2023 was turned down by the French authorities.

https://khpg.org/en/1608811629

Much better way to conduct peace talks. At last we may get somewhere.

https://www.msn.com/en-gb/news/world/russia-ukraine-peace-talks-to-take-place-in-neighbouring-rooms/ar-AA1Boxu6?ocid=msedgntp&pc=U531&cvid=95ee74797d7444ddb11a67f136525a54&ei=35

All this relentless pressure applied to FXPO to force Zhevago to enter settlement talks.

Zhevago probably thinks if he can ride out the next few months he is in the clear, as the elections will not return Zelensky.

As for FXPO, question is can it ride out the next few months?

Hearing lasts as long as it lasts; few hours, few days......I don't think the company will be providing a running commentary.

I think it might be an idea for those invested to write to the UK Foreign Office (David Lammy) highlighting the constant abuse and harrassment by the government of Ukraine of FXPO in which thousands of UK citizens hold investments in SIPPs and ISA's, and seeking assistance to ensure rule of law is observed.

Please note the company is registered in Switzerland (national Id CHE-109.378.764) and

UK (company reg no. 5432915)

and listed on the London Stock Exchange.

Email to be sent to the Foreign Office here in the UK and cc'd to British Embassy in Kyiv, FXPO Investor Relations and the Swiss Embassy in Kyiv.

Emaill addresses as follows:

fcocorrespondence@fco.gov.uk

UKinUkraine@fcdo.gov.uk

kyiv@eda.admin.ch

comms@ferrexpo.com

This RNS explains sudden fall in sp late yesterday; company knew this yesterday but waited for markets to close before publishing.

I can see this decision overturned very quickly...makes no sense what so ever; not in million years.

All Zelensky driven...sooner this weasel is removed from power the better for FXPO and for the brave people of Ukraine who have endured enough from his totally inept leadership.

Last desperate unlawful measures by Zelensky's regime now playing out. With last few actions, situation has gone from outrageous to an absolute farce.

Saying this, I think Zhevago should step up to the plate and try settle the dispute. Shareholders have had enough

Bod...FXPO's chances of winning are many times higher than losing as authorities have not presented any credible evidence. I think they're just after approx $115m from Zhevago to settle all matters but he doesn't want to negotiate and shareholders are suffering as a result.

I agree, and upon calling ceasefire, they'll be calls for an election in which Z will most probably not stand.

If he does stand, I'm of the opinion he'll most certainly lose.