Member Info for LB21

Unlikely. Electricity and energy storage will win out the day.

Better value to be had on AIM in the likes of Invinity Energy Storage #IES and Bushveld Minerals #BMN...

https://www.hydrogeninsight.com/analysis/liebreich-hydrogen-is-starting-to-look-like-an-economic-bubble-and-here-s-why/2-1-1334006

LUKE1444 the CLN doesn't need to be converted into shares it is a debt like item on the balance sheet if the SP doesn't exceed 17p Orion will just be expecting the $45m to be repaid in cash.

That is very interesting thanks for sharing!

I wonder what this new #bmnmanufacturing hashtag is all about...

Not surprising electricity as a main source of energy will take off way before hydrogen take a look at Invinity energy systems and Bushveld Minerals with their subsidiary Cellcube.

I agree will probably be at firesale prices just to raise capital ffs.

Lukoil trying to clear its loan notes ($6.3b) in full to avoid a default...

https://www.bloomberg.com/news/articles/2022-08-02/lukoil-offers-to-buy-back-6-3-billion-notes-to-avoid-default

This from the HM Treasury, Office of Financial Sanctions Implementation on Designated Persons as updated on 2 August 2022 -

ABRAMOVICH exercises effective control of Evraz PLC given his significant shareholding and the shareholdings of
his close associates who it is reasonable to expect ABRAMOVICH could direct through his close ties with Abramov and Shvidler,as well as his power to nominate directors of the board. ABRAMOVICH is or has been involved in obtaining a benefit from or supporting the Government of Russia, as ABRAMOVICH and Evraz PLC carry on business in sectors of strategic significance to the Government of Russia.

I see your point Thai its messy but at the end of the day if it does happen the existing board will no longer have control of the company and therefore executive decisions won't be made for the continuity of the business as it currently stands.

With all due respect anyone who thinks the UK government is going to do anything to assist Evraz in conducting its business is a more than quite naive.

Its the perfect opportunity for them to moth ball the PLC. Look at what happened to Petropavlovsk...

But what incentive do they have to grant the license? Why would they want to help Evraz in anyway shape or form?

Liz Truss will also probably be Prime Minister by then too....

Surely this is 100% on the cards if the license isn't granted to allow the payments?

If Evraz can't service its debts its creditors will simply force an involuntary liquidation and administrators will be appointed to dismember the company and its businesses?

What are the ramifications of this if these aren't paid in September.

Involuntary liquidation by creditors?

thanks for the update @Paludina.

Any further deliveries for July @Paludina?

US price is c.$56kg.

Have already hedged my bets in the event that this never comes back.

BMN well positioned to pick up the Vanadium baton...

What was the total deliveries for June? Just 57k?

But why are you at all settling for weak PR Pdub just because the business is making progress on 'real' matters.

Not good enough in my view.