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Perhaps some news later today or will we have a week without news? I was expecting an update this week, but I guess no news can be good news. Perhaps they're working on a solution and have been given some extra time? We really don't know what's going on in the background
It’s a sign that the stock gods may favour POG tomorrow
It’s a lifestyle
Jcreek - just FYI to delight in someone else’s losses is never a good look
Outpacing the trades now…
There’s no news so there’s little else to talk about here at the moment Tiger, have a beer and try to unwind a bit
Is back
Easily said in hindsight of course
Saw a slight hint of blue just now - baby blue
https://youtu.be/i24nkxr8G8o
Re export license - isn’t this the business model for most of Russia’s economy? Eg gas and oil sales. I would think the opposite - it brings foreign currency back into their coffers through export so it’s a positive?
Re sanctions, perhaps as long as the mandating entity is a UK company the sanctions wouldn’t apply, not sure though.
After Lawrence of Arabia we found a worthy successor in Lawrence of Petropavlovsk. Doesn’t roll of the tongue as easy as the former though. If you sold you’ll be missed
Lawrence was that you lol
It’s been weeks since the Alix appointment - and in restructurings situations things do move very fast. We should be able to expect an update more quickly. If I had to guess I’d say Friday after hours
Repossession… arbitration… what are you basing that on? There’s only been a technical event of default. Your message only makes it clearer that they need to provide more updates on the implications as clearly there’s confusion
Regardless of what’s happening in the background they owe us an update IMO. Twice now they’ve sent a cryptic negative RNS before a long weekend to let the shareholders stew on it. When can we get some positive news from them? Atleast an update on the latest thinking would be nice
I was wondering about that as well - we are really due any sort of update or clarification as the previous RNSs have been quite vague IMO
Ah gotcha - yes that would be my bet as to the next RNS as well. Perhaps in combination with an update on the export licence process
Freddie - didn't we already have a technical event of default on the debt as per the previous RNS? I'm hoping the next RNS offers something positive for a change be it an export license or some way out of the situation with GPB. Atleast the price seems to have stabilised somewhat around the 2p level
Hopefully we'll get a further update this week. IMO it's positive that there hasn't been any acceleration of the bonds following the EoD last week
Guys I highly recommend just filtering and ignoring - trolls feed on attention