Member Info for Monkey70

NN, if they are interested in our assets, will have to compete with other BRICS companies (or a consortium). This has been mentioned in RNS.

IMO, it will not be as heavily discounted as you think.

Indeed, Ian - in this scenario, one has to spend (the positives amongst us call this 'invest') money to lay a foundation to make much more money.

This is one of the fundamental rules of any business.

Another whom is still holding. Timeline has changed but fundamentals have not.

Topped-up on the way down to bring my average down to just under 12 from 16.5. Happy to have had the opportunity to do that. No more funds left till April.

Have a good Xmas, all genuine holders.

Good afternoon, Saxon.

I am making the most of our extended leave supping and flirting with the lovely barmaid at the Blue Mermaid too.

Throw me in the harbour when the call to arms comes and I'll be on the good ship Eurasia before one can timely yell 'RNS Asset Sale'.

Feet up with a rum.

Indeed, Sax and Les.

Remain invested and adding when funds allow. Belief has never wavered. Just tire of reading (and then filtering) the usual stuff these days.

There are plenty of LTH's in the shadows :)

"..... living on Magic mushrooms & Bramble Broth."

Made me split my sides, Captain. Keep them coming.

The constant negativity and whining on here from some investors, as my learned friend Gooner mentioned, usually comes with an agenda. If it wasn't for the green box function on here I would never read this BB.

Thank God :)

Topped-up almost 100k shares at an average of 5.4p this month to slowly bring down my average. IMO, we will get an influx of news this autumn - all positive.

Happy to accumulate when I can and hold. Plus, switch off and get on with life - which is a lot of LTH's are doing at the moment while things are quiet.

Speaking of quiet - this is an interesting article I saw yesterday and goes some way to explaining why the BOD are 'keeping a low profile' in addition to the NDA's in force.

https://www.campaignasia.com/article/silence-is-the-comms-strategy-for-most-international-firms-in-russia/481091

A good day to all genuine investors, as always!

Carlito - In the same boat as you. Keeping quiet while accumulating :)

No need to shout about it during a period of opportunity for the astute.

Holding long and strong.

GLA.

The market often defies logic but it also presents mouth-watering top-up opportunities for the astute, Ramp.

All we need to do is accumulate and wait.

Mmm. Took five attempts to buy 5,310 via FreeTrade earlier. Four were rejected - seldom see that on the platform - which leads me to think they may be running low on stock.

Good post as usual, LB.

Regards the Nyud licence, I believe it is close to being concluded or has been but the interested party has requested this be held back from the public domain possibly due to the geopolitical timing or the fact that they want radio silence until the deal is signed and sealed.

Thoughts?

Just the classic transfer of wealth from the impatient to the patient.

Holding long and strong.

Added 17,794 earlier. Showing as a sell as are many buys. Smoke and mirrors as usual to try and affect sentiment.

Please do not give the creatures any oxygen.

SPIEF Update:

Vladimir Putin says Russia will develop as an open economy, and will never step along a path to isolation, despite the unprecedented sanctions imposed by the West following Moscow's invasion of Ukraine.

Putin says Russia will keep dealing with Western companies and that he hopes gas flows will increase via new routes.

He adds that Russia will continue to expand economic cooperation "with those who want it".

Well said, Mont.

Any changes would have been RNS'ed anyway.

The tragic war will end.

Regardless, it will not stop business continuing - especially in Russia with BRICS countries (a point made by the BOD in a recent RNS.

End of this year at the very latest, for me. I feel the hold up is to do with EUA2 (Hydrogen) while Kola Nickel and Kola Mining subsidiary sales are close to completion. They must all be linked to each other in a way otherwise I feel the BOD would announce the sale of these two but that is just my opinion.

Due diligence was successfully completed late last year and nothing has changed - the BOD would have RNS'ed otherwise as they have a legal obligation to do so.

Again, it boils down to whether one trusts the BOD to deliver (they are the biggest shareholder group) and re-evaluate one's own timescale expectations.

On an emotional level, I find the wait frustrating but on an investment level nothing has changed with the strategy, fundamentals, demand for what we have nor advisors.

SOB - Could you tell us why your prediction of timescales have changed from 'months towards the end of the year' that you posted only a month ago to two years from now?

Nothing has changed in that time. The fundamentals remain the same. AM has been brought on board (in an official capacity) to 'speed up the Russian assets sale process'.

IMO, I feel it will be a couple of months at most - certainly not 2024.

A nice evening to all genuine shipmates'.

I still see the HCW target of 70p-odd the bare minimum for MT. Extra value can be added with the Rosgeo JV (Nyud, etc) and WK/Hydrogen (EUA2).

If we have to wait longer, so be it. Investing is usually like that - forget your own timelines and hold for the end-game like you did in the first place.

RATR - 'Russian Assets Sale' - plural ;)