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Not sure this RNS is as positive as some are making out. We have waited ages for it and we were getting very annoyed that we were not getting ANY news. Some of the things in this RNS have already been arranged. Why did they not inform us at the time.
This is the company we need to take interest in Contemporary Amperex Technology
I forgot to say we all knew this find was in Russia so knew the risks. IMHO eventually the company will be Russian/Chinese owned. Fingers crossed RY gets us a good price.
The criticism is getting annoying. We have chosen to invest in this company. We can get out when we want, yet some seem to think RY is obligated to making them rich. Are any of you company directors? Have any of you created a company for others to invest in? RY has found something that looks great on paper. He found it for us. We keep hearing from the LTHs about their frustration. During that time the SP hit 40 plus. If you did not take advantage of this, why not. Have a look at the graph around that time even when it went down to 10p it went up to 20p. The are also times between the that we have had 25 or 50 percent rises. If you do not have faith in RY why are you still invested?
Among other things, the government commission approved a transaction related to a large investment project by Sibur Holding for the construction of the Amur Gas Chemical Complex with the participation of Chinese investors. It will become a major petrochemical plant in Russia and internationally.
Russia’s largest gas processing and gas chemical cluster will be built in addition to the Far Eastern complex. The former will make products with high added value and contribute to tapping the enormous potential of the country’s non-oil-and-gas exports. The fact that a major international petrochemical company, Sinopec, will participate in the project highlights Russia’s investment appeal.
The construction of a motorway bridge linking Russia’s Blagoveshchensk to China’s Heihe started in 2016 and ended in December 2019 under a concession agreement, granted by the Government of the Amur Region and the People’s Government of the Heilongjiang Province, and with a Russian-Chinese company acting as a concession operator.
The bridge crossing is 19.4 kilometres long, including 1,080 metres above the Amur River, 13.4 kilometres of access roads and a 278-metre bridge over the Kanikurganskaya duct in Russia, and 6 kilometres of access roads in China.
The crossing will have a transport capacity of over 300,000 cargo and passenger vehicles per year, 4 million tonnes of cargo, and up to 2 million passengers.
A permanent automobile crossing checkpoint Kani-Kurgan will be created near the bridge. Until then, a temporary checkpoint will process the border crossings
Ok clever ones. So who paid and who got In this uncrossed trade. Did the seller get what you paid or vise versa?
Agree, Russia will take control at some time. Then a link to a major Chinese company. It will be obvious when this is due to happen when the SP rockets.
Try Ganfeng, location and matching interest. ASI said, Chinese.
I have always thought a Chinese company would be the best match.
If you are invested in this company why do you want the SP to drop? Does not make sense.
Ten years so you were in when the SP hit circa 40p surely you took some profit?
Just that the sell price seemed higher than the buy and a one share trade. Just asking.
What is going on here?
1.8694 90,617 Buy* 1.735 1.895 1,694 O
22-Jan-21 16:04:58 1.89 1 Sell* 1.89 1.90 0.02 A
22-Jan-21 16:04:50 1.89 7,000 Sell* 1.89 1.90 132.30 O
22-Jan-21 16:04:34 1.89 99,999 Sell* 1.89 1.90 1,890 UT
22-Jan-21 16:00:54 1.89 500 Sell* 1.89 1.85 9.45 O
22-Jan-21 16:00:29 1.89 5,026 Sell* 1.89 1.85 94.99 O
22-Jan-21 16:00:19 1.89 60 Sell* 1.89 1.85 1.13 O
22-Jan-21 15:59:43 1.89 500 Sell* 1.89 1.85 9.45 O