Member Info for Mjd2020

“Maybe time for another reincarnation” haha just imagined a BB version of Quantum Leap and him transforming into a new moniker at the end of the episode.

What next? Probably have a strong cup of tea. Deep breath and then log into ISA account. Get Mrs to verify what’s showing on account. Do a happy / relieved sigh in the style of Alan Partridge. Calmly walk to shop to buy alcohol. Drink alcohol. Wake up and check ISA again. Repeat.

Good point Judge - it sounds like something that is being considered so nothing to get overly excited about as such. I was thinking NN have a clear Capex plan for modernising so can could reduce the possible tax burden that way moving forward as well as spreading acquisitions like you said.
However if they are looking at dividends and capex going back 5 years from when the law is implemented then future spend doesn’t help them. Idea being NN get the nod that the law is coming, they can’t accelerate spend on modernising as that takes time, EUA is a ready made asset (or will be shortly) which can take up a lump sum of capex before the law change and reduce a big chunk of historical liabilities. It’s just a thought as I said but would be nicely in our favour if it happened that way and EUA could put some of that money back into the system by investing in the remaining JV areas as well as of course paying us a dividend.

Can be hit or miss as to whether these articles auto translate but link below:

https://www.google.co.uk/amp/s/www.interfax.ru/amp/794251

Last paragraph:

“In addition to the growth of MET, the Ministry of Finance considered an increased income tax for companies whose dividends over the past five years have exceeded investments. If a retrospective income tax was introduced, Norilsk Nickel could receive the maximum possible rate of 30% (instead of the current 20%) due to the ratio of capex and dividends over the past five years, according to Boris Sinitsyn of Renaissance Capital. According to BCS estimates, the introduction of such a tax would primarily affect Norilsk Nickel, which would cost 15 to 20% of EBITDA.”

NN’s 2020 EBITDA was $7.7B so the possible change in tax could cost them an extra $1.54B if it happened and I’m reading this right (need to adjust for up to date EBITDA at time of implementation).

I don’t know if this tax change will happen but could this potentially provide an incentive to increase capex and the tax saving would offset some of the costs of buying part of EUA? Just a thought while we wait!

Below shows that Artem resigned, nothing untoward.

GFD should do a bit more research.

https://hk.news.yahoo.com/?????-01372-?artem-matyushok??????????-130054493.html

I can see Artem as founder and CEO on the company website with roles in energy. Where did you find him as being head of mining in Eurasia Itsouthere as I didn’t see that - not having a go just hadn’t spotted that but it’s been a long day!

https://www.h2capital.co.uk/

I hadn’t seen Artem Matyushok mentioned before? Need to do more research on him but the below is the first article that comes up for H2 Transition Capital investing $200M in a wind farm and hydrogen production project in Sakhalin

https://www.google.co.uk/amp/s/sakhalinmedia.ru/v/s/sakhalinmedia.ru/news/amp/1130978/%3fusqp=mq331AQIKAGwASCAAgM%253D&_js_v=0.1#ampf=

Frankfurt to Murmansk = 3,201.8km
London to Murmansk = 3,626.4km

German stock exchange is a little bit closer to MT than ours so maybe their carrier pidgeon arrived a bit sooner. Should see ours land shortly / imminently / etc.

EnricoPallazo - I’d be more likely to look at a “tip” from The Motley Fool / some random
from Twitter / Nick Cotton from Eastenders (when he has in a bad way) than your good self given the volume of tips and flip-flopping you do. We’ve all got access to the daily risers board so no need for you to do your door to door routine.

Nice write up on how having a good ESG profile adds a premium to valuations during M&A. Includes some comments from UBS.

Good to know our BoD are leading the way in terms of ESG…

https://www.mergermarket.com/info/esg-targets-driving-wave-ma-amid-soaring-valuations-–-advisors

Hope you have a speedy recovery JTMacs!

GMF’s tweet ref Alexei:

https://mobile.twitter.com/GMF782/status/1415566683587194880

Bitkogan is a Russian investor and finance writer that has written about EUA a few times on his website, his telegram channel and Investing.com also. His biog from his site is below:

https://bitkogan.com/team-bitkogan/

He’s an investor in EUA himself and has written a few snippets on his site:

https://bitkogan.com/tag/eurasia-mining/

Might worth keeping an eye out for info for this event - Mining Conference to be held in Murmansk in March. Hopefully asset sale done and dusted long before the event but interesting to see this event on our patch nonetheless:

https://miningrussiaconference.com/program/

Ha ha Travis, I think they have a new analyst from Japan called Ho Ochiai who has upped the valuation from £35.

I will not buy any more tomorrow either - only because I have no spare cash for this coming month. But I will be holding my existing shares much like Gollum from Lord of the Rings held his “precious”.

Pretty soon Jorc updates are going to smash any final bits of life in the derampers’ arguments and who knows, maybe we’re now seeing some signs of the bidders starting to rush with this additional interest being divulged. Coupled with the fact that the BoD can’t stand still with the development of the assets without compromising their position with the authorities…interesting times could be ahead!

Mad Stork, less of your talk.
More thinking about…EUA market cap - post Nyud Jorc.
And I’ll tell you what what will “shortly” drop.
“Superior shareholder value”. That’s a lot.
So take you squark back to t’other board,
Pretty soon an RNS is going to toast your short.

Lol. GLA (even TMS may god help you).

Added a small number of sprats into my keep net earlier. Looking forward to CS fattening them up with Jorc feed so they become herring that DS can then smoke into dividend laden kippers.

Great clip from the film where the Duke brothers are begging for trading to be reopened as they face a margin call - maybe life imitating are for the shorters soon?

Trading official 1: “You know the rules of the exchange Mr Duke. All accounts to be settled by the end of the day’s trading. Without exceptions.”

Duke: “You know perfectly well we don’t have 394 million dollars in CASH”

https://m.youtube.com/watch?v=j4SRsGn14PI

I’d hope they cover some of that in their “free investment report” Shareger but I’m not giving them my email address to read that given: i) it’s the MF and ii) I already made my investment decisions some time ago.

Still, no harm for them to be positive now if any of their followers do take any notice of them. Maybe they’ll make a right call for once although fully expect one of their other “analysts” to be typing the opposite view to make sure they have all bases covered.