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Very interesting to see that Japan is joining the west in blocking Russia from using Swift.
https://www.reuters.com/business/finance/japan-joins-us-others-excluding-russia-swift-system-2022-02-27/
Getting into deep sh** now.
No joking matter.
https://apple.news/AAMvCsaZ5SNOwC7MlsNAtxA
Share price drop tomorrow is least of our worries in the grand scheme of things
Yes for obvious reasons. Belarus is not neutral ground.
Agreed ndn71. Well said.
Agreed Soundsrisky - if anything the buyer has alot more bargaining power now to drive the price down if nothing has been signed yet. Lets just hope we get a sale of some sort full stop, and within the VERY near future.
Well said! One of the best posts ive seen today.
Not cross ramping - but just had a look at Evraz mining (another large russian mining company) and they have bounced back and currently up above their initial 5% dip this morning, so there could be some hope for us yet. Hopefully the market scoops this dip, the bod provide and rns, and the shareprice can be sustained significantly above this level.
Very valid point, at this rate we can only hope for a positive outcome. However like you say, despite the "fundamentals" things can go south quickly.
Yep only makes sense to DCA.
Definitely looking good to top up here in the teens. Hope it holds now, if not i might buy a chunk more at 15p.
Agreed, hopefully the mood improves later this week, and geopolitical tensions ease up a bit.
Well done buddy. I topped up a small amount too. Will top up some more later in the week when it dips a bit more.
Why am i living in your head rent free? i dont even know you mate.
On 20th January you wrote " the divi was paid yesterday (hence the small retrace)…should be cleared into our trending accounts end week, Monday at the latest…so look out for it…lol…" WHERE IS THE DIVIDEND ITS 14th Feb?
You need to take your medication or get yourself sectioned.
GLA - Brace yourselves for this week.
Will probably be dancing in and out of the teens this week. Hopefully we sell one of the assets soon.
Unless you have insider information, despite the rns's expect the unexpected. all im saying is we need to brace ourselves for the bumpy road ahead. No point shooting me down.
Lets hope so boomer. Anything can happen. Just want this to conclude as soon as possible.
Dont be abusive Layla
With current geopolitical tensions and a risk averse BOD, it wouldnt surprise me if any type of asset sale doesnt occur this year. The usual evangelists will label this as deramping, green box etc etc, but we have to be pragmatic about the situation.
Despite the assets in the ground, they are worthless if they cant be exported due to sanctions (or potential of).
Any prospective buyer, be it Japenese, Chinese or whoever wont buy assets from Russia in this climate, so we should brace ourselves for a declining share price and top up where we can. Its still early days, and there could be many surprises to come, including spooked institutions who have already invested. Buckle up and good luck all.
Halma, if it helps i bought a small chunk above £1.20 aswell. I didnt buy as much as you did, but i would suggest you average down at these low prices and it may help calm your nerves once this bounces up again.
i agree with Rocky, i think 1 or 2 people on here need to take some time out from posting before they start to spiral out of control even further.