Member Info for Mjd2020

No links to EUA but this Chinese mining group looks interesting. Quite a spread of mines across the world (already has a Zinc mine in Russia) and ambitions to become one of the worlds largest mining CO’s with a focus on strategic and new energy metals.

https://www.zijinmining.com/about/about_us.htm

Seems the buyer has also agreed to pay €100m of inter company debt in instalments, keep the employees and won’t be able to use Heinekens IP apart from the Amstel brand for 6 months and some regional brands for 3 years they needed to order to make the business viable.

https://www.theheinekencompany.com/newsroom/heineken-completes-exit-from-russia/

And when he visited WK, Palpatine remarked to an employee:

“It is unavoidable. It is your destiny. You, like your father are now mining”

Nothing to see here…

“In addition, eyewitnesses of the event said that two claps were heard before the crash of the board.”

https://m.lenta.ru/news/2023/08/23/what_happened/

“Pull All Gradings” - Russian accent version of Paul O’Grady 🤷‍♂️

“Looks like they've even given up on their pathetic little buys at long last!”

🚨🚨🚨 Irony Alert 🚨 🚨🚨

No need to trade though 100s of posts just use the “ “ around the words you know were said.

From today:

“Toffers

Posts: 1,542

Price: 2.75

No Opinion

RE: Russian State

Today 11:58

Beast, I have not said the company will not get their AR signed off, I said I'm surprised the AR didn't mention the High Court cases, I did say that as the accounts were slightly late, that may be they hadn't been signed off by the auditors for some reason and that would be a worry if so. 

I talked about shrapnel, not concentrate.”

And yet here we have…

“Toffers

Posts: 1,542

Price: 2.625

No Opinion

RE: Them there sanctions !

1 Jul 2023 10:56

You missed out the auditing regs that came in a short while ago which I reported on a week or so ago. That is why I made a complaint to the FRC for them to investigate, as the company which includes it's directors personally, are connected to Russia, the assets are in Russia, they employ Russian people to work at the mines, so as I see it, there is no way that their accounts can be audited by Grant Thornton or anyone else here and as they are a British company, that will be a massive issue. The addition now of legal services will be a further hammer blow. What are they going to do about the two High Court cases? are their legal teams going to withdraw? In my view, they shouldn't have taken the cases on in the first place! My views.”

Any comment to make on this Toffers?

Covering Putin’s visit to Murmansk last week:

In recent years, Russia has paid close attention to issues related to the Arctic region. Based on the previous reports of many Russian media such as TASS, Putin said on April 13 last year that despite the impact of sanctions, Russia's Arctic projects cannot be delayed because of this. The logistics and transportation to the northern region should be smooth and unimpeded to ensure sufficient goods.

Russia is open to all interested partners in Arctic projects, both current and future. The Russian Arctic offers very favorable conditions for both local and foreign companies. Under the current conditions, it is necessary to attract other countries and enterprises to participate in cooperation more actively. Russia sees the Arctic region not as a site of intrigue, but as a site of dialogue, stability, and constructive cooperation.

https://m.huanqiu.com/article/4DnStl3s2I0

LP’s preferred. Any title or genre considered.

Must be able to deliver to: Toffers Towers, Bitter Street, Wrong Town. A1 MHO.

For insulting the leadership. There was also the Colonel who was fired for criticising the leadership last week. No sign of Surovikin yet either unless I’ve missed it. Yet Mr Wagner was apparently not arrested and gets sent to Belarus with some of his crew. Bizarre.

Toffers: “but the US is being cautious in dealings, and what the US does, the UK will do.”

US Treasury - Office of Foreign Asset Control: “1104. Is Norilsk Nickel blocked as a result of the designation of Vladimir Potanin?

No.  OFAC has not designated Norilsk Nickel and, based on information available to OFAC as of December 15, 2022, Norilsk Nickel is not owned 50% or more by blocked persons or otherwise considered the blocked property of Vladimir Potanin.”

https://ofac.treasury.gov/faqs/1104#:~:text=No.,blocked property of Vladimir Potanin.

Doubled down on the AIMO before spending 30 seconds googling to check facts of argument. 🤦‍♂️🤦‍♂️

“Potanin is sanctioned and he still heads NN doesn't he? so as he heads NN, by association, NN is stuck whilst he remains n the list of sanctioned people in the UK”

Potanin owns less than 50% of NN. 🤦‍♂️

Visited the Novatek LNG facility yesterday evening as part of his first visit to Murmansk since 2014.

https://www.interfax.ru/russia/912575

Interestingly, Mitsui and Jogmec are still invested in Murmansk in Arctic LNG 2 along with Total Energies and CNPC and CNOOC from China.

Below also says Mitsui and Jogmec have now (last night) signed contracts to take 2 million cubic meters of LNG per year to be exported to Japan as they are entitled to this under their contracts. They are also considering increasing that amount to take more gas from Novatek’s share.

https://www.interfax.ru/russia/912591

Shame it’s for LNG and not PGMs but hopefully shows Putin how international cooperation can be beneficial.

Possible new product name idea - “Akhmat-ivia”?

https://www.reuters.com/business/retail-consumer/chechen-leaders-nephew-new-head-russias-danone-subsidiary-media-2023-07-19/

First time I’ve seen some coverage around the financial situation in Russia which doesn’t follow the “everything is fine” message. Snippet below.

“For the first time, the intention of the Ministry of Finance to start reducing costs became known two weeks ago. The proposal at the meeting of the commission on budgetary designs was presented by the head of the department Anton Siluanov. He explained it by the growing gap between budget revenues and expenditures, and, according to the official present at the meeting, the calculations did not take into account the seriously weakened ruble and the new social spending on which President Vladimir Putin insists.

On July 18, Deputy Finance Minister Irina Okladnikova warned of the inevitable increase in public debt. According to her, given the need to increase social benefits, support the economy, finance military spending, as well as maintain four new regions, it will not be possible not to increase borrowing, this is a "hopeless situation".”

https://m.lenta.ru/news/2023/07/19/front/

Don’t hesitate Toffers. Put all of your allegations in writing and send them to the FRC.

Then you won’t need to clock up the BB anymore.

Mac to the left of me, Toffers to the right,

Here I am…

Doing my own research, and not making decisions based on what another person on the internet said.

I’m surprised you’re still posting Toffers after saying about this time last week that people should sell before close because there was no way a UK auditor would be able to audit the accounts, NOMAD would walk etc.

I’ve not read all the messages for today so apologies if you have already taken ownership of getting that completely wrong. Was that why you were banned or was due to one of your other posts?

Good stuff Del. Thanks for trying.

From 10-13th July. Hopefully they’ll have given the dragline a wash and buffed up the For Sale sign in case there’s any passing visitors.

“According to the memorandum signed in Beijing by representatives of the Ministry of Economic Development of Russia, the Ministry of Commerce of the CN and the People's Government of Heilongjiang Province, the Russian-Chinese EXPO is held alternately in Harbin and Yekaterinburg.

EXPO is becoming a key communication platform for the regions of Russia and China. The exhibition allows you to give impetus to the development of interaction, study the available opportunities, build a direct dialogue with representatives of business circles, conclude mutually beneficial agreements.”

https://www.expoclub.ru/db/exhibition/view/6696/