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Article from December 1st:

Despite the sanctions, the implementation of investment projects in the Murmansk region continues
01 December 2022, 07:35 Murmansk and the region

Key investment projects in the Murmansk region continue to be successfully implemented despite the unprecedented sanctions pressure of unfriendly countries against the Russian economy. About this during a visiting meeting of the regional government in Apatity.??To date, the region's portfolio includes 265 projects with investments of 1.1 trillion rubles until 2032 and the creation of more than 40 thousand jobs. Taxes for 10 years will amount to more than 440 billion rubles to budgets of all levels. These are project taxes that will be directed to the social infrastructure of our region.

(Article continues - too long to C&P)??

https://www.hibiny.com/news/archive/278429/

Interfax take on the comments from Putin’s spokesperson that Sky used from Del’s post:

https://www.interfax.ru/russia/875099

Suggests there is no consensus for peace talks yet.

Hopefully pressure is building behind the scenes in Russia but hard to tell what’s really going on.

The British investment fund that H2 Transition Capital runs was apparently looking to invest $200M on hydrogen production on Sakhalin according to this old article from before when EUA got involved:

https://sakh.online/news/16/2021-07-16/britanskiy-fond-vlozhitsya-v-ekologicheskiy-proekt-na-sahaline-158179

Be good to know if these Russian hydrogen projects are off the table for now and maybe worth keeping an eye out for any news about H2 investing in hydrogen projects outside of Russia in case they are relevant to EUA.

I can’t see anything obvious in the news but can see that there was a conference that Artem spoke at in London this summer so at least we know he’s still out there:

https://web.cvent.com/event/2a485512-df3d-4629-919e-675996859c70/websitePage:4a9f1ae7-fd5e-40ea-a47b-8748de11f650

All the best Portsmouth1 and I hope all works out well for you with your investments.

From 19/11/2022. Ministry of Finance is proposing to set mineral extraction tax at 0 for 12 years for Russian Platinum’s Krasnoyarsk Krai project (PGM-copper-nickel) to offset the effect of sanctions on start up costs. Looks to be quite a saving and shows how keen the government is to keep this project moving forward but equally how sanctions are effecting start up costs.

https://www.dp.ru/api/amp/a/2022/11/18/Arktika_za_nedelju_Severn

Possibly positive that the market is not just China for Rosatom’s green hydrogen project on Sakhalin.

EUA referred to “international” opportunities in relation to hydrogen rather than Sakhalin in the interim update so be good to clarify if we’re doing anything there. If not then Rosatom will be needing Pt for the converters anyway so perhaps an outlet for a some of what we have.

https://sakhalinmedia.ru/news/amp/1400980/

Bid at 4p but can do a dummy sell quote at 4.47p with Halifax.

Nice further example of Indian investment Mizman, but no dairy related pun. Cheeses wept.

Unfortunately it’s dairy production not PGMs so I may be milking the BRICS link. They curd have at least shown the investment amount but pat on the back for showing some inward investment. Be good if they were part of a herd of Indian investors breaking clover and investing in Russia.

https://www.interfax.ru/russia/873209

Like it LB, and his ref to Pt being one of the metals he’s watching really closely due to is being one of the metals driving the hydrogen industry.

I don’t mind posting Russian media or western media - leave the link and people decide for themselves taking into account where it’s come from.

It’s the “independent” stuff which I don’t trust because it’s more difficult to know what the authors agenda. Generally it’s stuff like

“12522734 views
Truth teller channel
***Breaking News***

Someone said something that proves the MSM has been lying about something to help the democrats do something, backed by the WEF and this YouTube video from independent expert Dave Someone PROVES the whole thing is something.”

That kind of stuff I can do without.

From Russian news apparently quoting Polish Gov:

There is a high probability that the missile that fell on the territory of Poland belonged to the air defense of Ukraine. This was stated by Polish President Andrzej Duda, his words are reported by the Office of the Head of State on Twitter.
"Nothing indicates that it was a deliberate attack on Poland," Duda said. He also admitted that Warsaw has no evidence that it was a missile fired by the Russian side. At the same time, according to the president, there are many signs that it was a Ukrainian air defense missile.

https://m.lenta.ru/news/2022/11/16/duda_raketa/

Calm response from Poland and the US, working to establish the facts.

It does appear likely that these were air defence missiles - 73 of 90 Russian cruise missiles were intercepted yesterday but the scale of the attack increases the risk of this type of incident so hopefully a wake up call for Russia but I doubt it.

https://www.reuters.com/world/europe/no-concrete-evidence-who-fired-missile-polands-duda-says-2022-11-16/

Still, nothing wrong with hearing about a Russian retreat though. Scramming speed all round.

Thanks for the update about the risks which we all know exist Truth but you could have mentioned that to India’s external affairs minister before he schlepped up to Moscow yesterday:

“Dr. Jaishankar’s meeting with Mr. Manturov, who is also the Minister for Trade and Industry, will focus on improving bilateral economic cooperation at a time when India-Russia bilateral trade has reportedly tripled, and Indian imports of Russian oil have grown more than 20 times in the past year.”

“The talks [between EAM Jaishankar and his counterparts] will focus on the trade and investments, transport and logistics, the use of national currencies in mutual settlements, as well as promising projects in the energy sector, especially in the Arctic shelf and the Russian Far East,” the Russian Foreign Ministry said in a statement on Dr. Jaishankar’s visit, over which he will hold talks on the India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC) with Mr. Manturov.

https://www.thehindu.com/news/national/in-his-first-visit-since-the-ukraine-war-jaishankar-to-meet-manturov-and-lavrov-in-moscow/article66108395.ece/amp/

Hope you’re on the road to recovery Ian, take it easy!

I put some of these posts into google translate, select “trader” as the language to translate into and coincidentally, each translation reads:

“I’m waiting for a buy in and quick trade because I think something could cause a spike soon but I want a lower entry so please sell your shares now so I can get what I want.”

It’s uncanny.

If there’s no news next week, please at the letters “t” and “r” to your username Dmitryreacts : )

Putin said a lot of things yesterday. A lot of it was as you’d expect (i.e. Russian tinted, blaming the west etc), but he did make a comment about allowing investors from friendly countries into Russian mining projects. The implications of an exit (if that’s what we do) will hopefully be known and agreed in advance. My thoughts were to keep funds back to explore the remaining areas but we’ll see what happens.
"We will let our partner friends into our extractive resources, why not? Since we did it with Europeans, Americans. But they prefer to leave our market, well, the flag is in their hands - let them move wherever they want, in any direction. But is it good for them or not? I think it's really bad. They leave with losses, and. Whoever wants - let them come in, we are open for cooperation,"
https://www.interfax.ru/business/869891

It’s a tough break Ian, it seems many of the Russian soldiers didn’t know they’d be sent to invade their neighbour either. The invasion has been a complete shambles from the start.
Russian propaganda is now justifying their actions by saying Ukraine has been taken over by sects of satanists and needs to be desatanised. You couldn’t make it up. Still, it’s always the maddest ones that make the most noise, we just need to hope the majority reject their rhetoric and some sense prevails.