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I dont think this is anything like a true representation of the situation. Russia base rates are 16% no-one knows what the Rouble is valued at because they have isolated Rouble trading from international Forex market. Russia has internal shortages of refined products due partly to Ukrainian actions and also due to sanctions on oil equipment in the west. Russia is also not exporting many weapons now, and while in some cases it may be possible to work around western sanctions, a lot is being done to shield their true economic situation from the outside world which cant go on forever -- people (including Putin) need to remember that the Soviet Union is gone, because when it existed a lot of things were a lot more possible to do, but now they have to be paid for !
Johny - I have been here since 2013 and I dont want to even think how down I am. I even bought a few grands worth for my daughters ISA a couple of years ago when I thought they would surely have bottomed out. My venom is at the people on here that constantly spout their claptrap while its so clear KM is at best useless and at worst a Ponzi scheme operator -- are the 'strong buy' crew being paid, if so is it monthly or on a per post basis ??
Dont tell me jimb2 has been caught sugar coating things again !
Ordinarily I'd agree with this but I hold a lot of VOD for income and they are significantly underwater but divi keeps rolling in ....
I meant apart from David Lenigas....
Well EV - after all these years anyone who can be optimistic about this company and its CEO should seek some sort of psychological analysis frankly because it flies in the face of any form of logic ! KM buys stuff (sometimes wisely sometimes not) sells stuff buys more stuff thats out there on the horizon and still no shareholder has ever benefitted from it all !
Degsie - are your maths skills weak ? WE are still here because we are trapped by loss !
The only thing that can save this share is a buy out of Amapa and a distribution of the proceeds to shareholders, and you'll notice no distributions have ever taken place here !
Bannor - I think these comments sum up all AIM junior miners ie hope, potential and possibility. We spent over 2 years waiting for the Amapa share deal to close (with 2 years of Strong Buy flags from the usual suspects)and it was a complete damp squib in the end - its Disneys Complex never ending story.
Trouble is SP has dropped so much we now need about 500% to get into an even 'reasonable' price range !!!!!
He's always like this which is why he's only the second person I ever filtered...
Quite right cadelin - it was conveniently slipped to Q1 2024 already and now they are 2 weeks to quarter end almost and nothing. The only conclusions you can draw from this are 1) There is serious internal trouble 2) The surveyors they hired are incompetent or 3) The BOD are deliberately trying to supress the SP for some sort of personal gain...
Seems a lot of BOT style trades on this today - dont know why. also the US OTC version of the share has shot up...
Perhaps KM has turned over a new leaf - or realised that before long someone would be 'waiting' for him as he leaves the office in a dark alley !
Offices with hourly rents do not inspire me with confidence !
How long have you been here ? I am guessing a tiny fraction of a lot of investors.
Yep ! Its a case of 'WOT NO DFS' now.
What shorters where ?? Where are the shares coming from -- what is your agenda ??
It isnt overly difficult to find artickles in things like Zacks blog that have said this is red-hot, but sensible or experienced people dont pay more than passing interest to these...
SorryCC -- I have a 'no more AIM' policy now in my portfolio !