Member Info for lodan1

Think the break out is happening now..gold going up alongside DXY is a good signal

Deepdive...have you got any idea how a dividend would work with 2 of our shareholders being sanctioned?

I took a final lot today at 92.88. Fully stocked now until divi payout which will be re invested. I think we're on the verge of a pretty large move in metals. I've been wrong quite a few times :) but I've loaded up the last few weeks on top of my core holding in the hope that the decent move happens...if and when gold breaks the all time high well be off to the races

That divi would have been 23k for me :( it was the right decision though. I dont doubt poly will pull theirs too this time and again it will be a good decision. First make sure your in a position to ride the storm then divis can come back when the dust has settled

Sorry usernames...I just felt the need to say it :D....but I never fancied my mum so not too freud

Sorry usernames...I just felt the need to say it :D....but I never fancied my mum so not too freud

People go on about derampers and rampers on these boards and how they reckon some are paid...its not the case it's just
basic human physcology, an inate human need to be right...when people get called out they need to argue to be right so will go further and further to prove it, no matter how ridiculous the cause becomes its a basic human need to have one's opinion valued so when told your wrong it creates the ramper, deramper dynamic on these boards.

LB21...don't be soft you clueless twat...less than 10% of evr steel comes to eu...and they already sanctioned it about a week ago and no one gave a **** then either...your Ill researched and think your saying something clever when really your just sounding like a 12 year old telling adults how the economy works

Yep and that's the money I think they'll use to take it private...450m shares to take out...say 1.5b...wait 2 years and float on an exchange without russiaphobia at a p/e of 10...current owners are winners

https://www.mckinsey.com/industries/metals-and-mining/our-insights/high-coking-coal-prices-provide-glimpse-into-steelmakings-future

A few months old but an interesting read on high coal prices affect on the iron and steel markets

I find it all very exciting tbh tinged with a little bit of dread...I certainly never thought I'd buy a company with a p/e of 0.45...could be a very good few years if the ducks line up and stars manage to align

Will be interesting to see FCF on the 27th an update would have been nice but I think it will probably be radio silence until then...only 20 days to wait

No investment advice intended, cey have made some aweful mistakes recently and nowhere is truly safe

It doesn't count if ukraine are committing war crimes...doesn't fit the narrative

Neeew...I sold yesterday and put the money into cey...I find the narrative a bit nerve racking currently so with so much money tied up in evr I wanted to diversify away from russia...I've got high hopes for gold so thought a swap to another goldie in a safer jurisdiction (currently) was a good idea

Europe 596m of 8.85b in steel so about 6.5% of steel revenue

It's off the top of my head but I think we supply 11% of steel to eu...UK isn't mentioned so don't know if that was counted within the 11% or we don't supply any to the uk

Yes I think its the safest place for us currently...let all the volitility play out without having the stress of watching your money swing widly up and down. Hopefully the war will be over by the time we trade again with the harsher sanctions lifted

Foreseeable

It will be months before we're unsuspended...they've moved us out of view and they'll be happy to keep us that way for the dorseeable