The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Best solution is to sell the Solg, as it is the original DGR business model. Otherwise Worst scenario, Majors like(BHP, Newcrest etc) will buy it as piecemeal because Solg will always remain Cash strapped. And BHP or Newcrest will keep it buying bit by bit and shareholders will not get much value out of it.
Let’s do the War accounting, Russia is the major oil producer, Drop in oil prices will force them to end the War. Brent Crude now a days 82 dollar per barrel, Russia is selling at 25 to 30% discount around 60 dollar per barrels , but loosing the customers. USA, India and Saudis(Generally OPEC) bucking the War, USA will be major oil producer or player in aftermath of War. Because high prices have paid for their fixed costs drilling at home. Losers? Russia, Europe and China(high inflation). So, margin is very low for Russia to keep financing the War. Russian defence industry is very much integrated in India, so bucking it massive. War is not anymore factor to surge in Oil prices. So, it’s all going to diffuse soon