Member Info for latpulldown

The Avostol Steel plant in Mariupol evacuated would be progress.

https://www.trtworld.com/turkey/erdogan-guterres-reaffirm-shared-goal-of-ending-conflict-in-ukraine-56641

https://www.trtworld.com/turkey/erdogan-guterres-reaffirm-shared-goal-of-ending-conflict-in-ukraine-56641

Beat me to it easywinns.

It's hard to see where the success of this "special operation" really is. How long before it actually sinks in with VP?

*Had to give up on Kiev
* Massive loss of military through death or injury. many generals and Colonels
* massive losses of military machinery and kit.
*Moskva sunk.
*Not much territorial progress in Donbas, and western weaponry now arriving in abundance. Some towns now being taken back in the South.
*Targeted attacks now occurring within Russia
*Mariupol still not under full control
* Sanctions on Russia
* Sanctions on Oligarchs
* Internationally ostracized
* War crimes investigations
etc

Hoping over the next few days we see the all the above combined effects above coming into play with both Guittarres and Erdogans diplomatic endeavours to get us back on track at the negotiating table. That is the best hope to end this folly.

For somebody is going to have a sore head tonight.

Invades Ukraine to try and prevent one country that borders it aligning closer with Nato.

Prompts two others top expedite joining.

"Sweden and Finland agree to submit Nato applications, say reports

Sweden and Finland have agreed to submit simultaneous membership applications to the US-led Nato alliance as early as the middle of next month, Nordic media have reported..."

The Finnish daily Iltalehti said on Monday that Stockholm had “suggested the two countries indicate their willingness to join” on the same day, and that Helsinki had agreed “as long as the Swedish government has made its decision”.

One of the facilities to which you refer I believe is owned by Rosneft, so there is probably some exposure. It'll depend how quickly things can be repaired.

Today though seems more linked to the falling oil price and it being used imho to try and justify a monthly hit to the markets when they reach a peak and volumes start to slow. I personally don't see demand for oil slowing whilst there is a war in Ukraine, embargo on Russian ships docking in the West and without Opec increasing supply. dyor.

That's what today's dip was all about.

Glad I prevented them getting several more.

Shouldn't be too long until we pop firmly through and into the 60's imho.

Nobody seemed able to provide the locations of the 5 railways stations hit overnight. Transpires they are in the following locations: Lviv, Rivne, Vinnyista and Kyiv regions. Looks more likely linked to Blinkens visit yesterday

So NO FXPO mines hit and NO nearby railways stations hit either.

Have a good evening.

https://www.dailymail.co.uk/news/article-10750545/Ukraine-war-Russia-hits-rail-stations-Blinken-used-trains-visit-Zelensky.html

It only finished down due to the spread and the UT.

Those that read the RNS this morning and watched the Investor / Analyst call know that you have a near normal company that has continued to produce and sell precious metals admirably, all things considered. The share price could just as easily be 470, 670, 870 or 1070p.

Furthermore re the stepping aside of Deloitte any associated falls there look overdone for it looks like there is one Top 4 Accountancy firm ready to step into Deloittes shoes. Another 2nd Tier accountancy firm also vying for that business, plus others being considered. Tender process and replacement within 2 months.

Incidentally in the aftermath of that announcement on the 8th April the sp fell nearly 60 points over the following days, having fallen from 404p the week before. Partly through 20p steps, scaremongering trolls and also the ignorance to the fact that 2 had quickly volunteered as a replacement and also the fact that the Auditor is not required until H1 in August.

Plenty output there today to reassure anybody in any doubt.

Have a good evening.

hey-arnold

"I think Chinese lockdowns are a material risk to oil prices.

Is that the case or is it just the monthloy excuse to put some liquidity into shares.

Russian oil is being embargoed and no signs of OPEC tangibly increasing its production.

Maybe a fallacy therefore.

I am more of the hope Pokerchips that it actually starts to draw VP back to the negotiating table. There a lot of shuttle**** diplomacy going on that started yesterday, involves visits and phone calls today also and stretches over into tomorrow as well. It's hard to say its not a war when its cross border into Russia and with such big facilities being targeted with success. Hopefully sense prevails, Marioupol gets resolved and this mindless death, damage and destruction ends.

Indeed Lytham but if it hits the opencast crater section of any of the 3 mines then it saves us a fortune on TNT and gelignite.

*The Company reconfirms its FY 2022 production guidance of 1.7 Moz GE . (Fully functioning Company despite all going on + the share price)
*Revenue for the quarter grew by 4% y-o-y to US$ 616 million underpinned by higher gold prices
*Net debt rose to roughly US$ 2.0 billion on the back of higher working capital needs. Reason: The Company moved swiftly to increase stocks of critical consumables and spares to address supply chain issues related to sanctions
* Total cash cost. Slight average increase. Due to Russian sanctions, logistics + inflation.. in the main (TCC) guidance to US$ 850-950/GE oz (US$ 950-1,050/GE oz in Russia and US$ 700-800/oz in Kazakhstan) compared with the previous guidance range of US$ 850-900/GE oz
* Pacific POX project and is currently evaluating options to re-site the facility in Kazakhstan.
* All other major projects (Kutyn, Prognoz, Urals flotation) are in the advanced stage of construction and will be continued according to the original plans.
* Reduced CAPEX. Guidance for the full-year 2022 is therefore revised to US$ 650 million (US$ 580 million in Russia and US$ 70 million in Kazakhstan)
*Medium-term production guidance now stands at: 1.65 Moz for 2023, 1.7 Moz for 2024, 1.7 Moz for 2025, 1.8 Moz for 2026.
* 2021 Dividend decision postponed until August.

Reference the Replacement Auditor
One Big 4 and One 2nd Tier in the running. Exploring additional others. Formal tender process and confident they will have an auditor. 2 months

Doing the Splits. Still consulting with Legal and Corporate Brokers on the Final structure of this. Roadmap July.

Russian news channels seem to have put it up and then quickly withdrawn it and it'll be another zero casualties scenario. Appears to be legitmate military targets and possibly ballistic missiles or helicopter strikes. Oil / Fuel being targetted and a Transneft Oil pipeline in proximity.
https://inews.co.uk/news/bryansk-fire-russia-city-oil-depot-blaze-ukraine-helicopter-strikes-1592192?ico=most_popular

Quicker both sides get round the table, the better for everyone.

inside Russia making the conflict that bit more visible.

https://www.mirror.co.uk/news/world-news/breaking-giant-inferno-russian-oil-26788433

Pokerchips you've kindly been updating on these. It would appear two more inside Russia and where things become a bit more visible.

https://www.mirror.co.uk/news/world-news/breaking-giant-inferno-russian-oil-26788433

I think you maybe reading that wrong. the aim would be two create two seperate companies, both seperately listed - both I see as being on the LSE and on whichever other markets they choose. So a POLY (Russia) and a POLY (Khazak) effectively.

I caught that also J-A-B. still evaluating with legal and corporate brokers atm on the final structure but they are talking about publishing a RoadMap around July time. From that I got the firm impression that it is happening.

Good honest conference call and they never shied away from answering any of the questions.

That plus the broker question being answered were the two I was after and both were answered to my liking.

If there had been damage to any of the mines Lythamslim then it would have been RNS'd.

Personally I just don't see open cast mines as key infrastructure. Yes for electricity and utility plants, oil refineries and gas processing, military, govt buildings etc.

Some will have sold, some will have taken the dip as a buy in or top up opportunity. Each makes their own mind up.

Which railways stations?

Or 3 x the width of the English channel at its narrowest point.

Handy to have the links Lytham