Member Info for Pacman121

Account fees most likely. And bots messing around.

Demand growth expediating in Europe and Asia. Probably because FXPO (3rd largest producer) can actually ship there now.

Https://gmk.center/en/news/ukraine-exported-3-34-million-tons-of-iron-ore-in-march/

Fair comments. Zhevago prob doesn't trust the government enough to come forward but he's worth well north of a billion so this wouldn't be that much of a knock to his lifestyle assuming money is all they want from him. @TwoCents, you're right about setting a precedent, but it may be worth it to get rid of the problem - not suggesting paying anywhere near the full amount tho. I don't think the market is too bothered about it, when it came back into the spotlight a couple of months back via RNS it only knocked 4p off the share price (87p down to 83p roughly) hence I think we are in extremely oversold territory now. Look how much money FXPO are able to make when their exports are not choked or bottlenecked. While they won't be shipping as much as they were via the black sea, they are now able to reach markets they haven't been able to get to properly for 2 years, £££.

Agree on a deal Alex, would give the market certainty and it's not as if Fxpo can't afford it.

I obviously see your view. FXPO have given 3.3billion to Ukraine during its time. They can't have it both ways. In some respects I hope they do screw it over, it will finally get me out of their corner. Shouldnt mess about with foreign companies when you have your begging bowl out 24/7. FXPO have paid their dues and that should be recognised. You would think the country officials would support the generation of tax. Anyway just over a week to go :)

You have to realise this is now sub 50p a share with just a £270m market cap, Over 100m in the bank and no debt, adapting to every situation thrown at it. Almost paid out a dividend thats would now be worth a very sensible %! I'm confident divi will be reinstated. Same operational situation at 120p. My money is on seeing a big move on the April update.

The company has already stated they have stronger volume and growth this year. The biggest hurdle they had was not being able to use the seaports for exports. These exports resumed this year thanks to the safe corridor in the Black Sea. The issue surrounding the delay is the 20 year old legal case which pops up every so often, already been kicked out once by the Supreme court but someone fancied having another bash. Production and volume is obviously going to be a lot lot higher for Q1 as they have been utilizing another pellitizer thanks to being able to ship via the Black Sea as well as seeing an increase in rail transportation and selling through their stock piles thanks to improved transport. Personally I'm bullish as fook.

But from Ukraine.

Not all from fxpo obviously!

That's a lot.

Then he'll pi33 off the very neutral Swiss aswell. Probably where he's stashing all the money that was supposed to be going on a world class Army. There are a lot of iron ore and magnesium miners in Ukraine. No point in destroying the cash cows out of spite. He wants all that stuff.

That power plant covers 200k homes but I don't think it directly affects FXPO does it? They're connected to another one from what I understood previously, and don't forget they have generators on site and huge storage capacity which is likely ample for current output.

Try changing your broker. Sounds like they are rinsing you for fees.

Nuri123a - I had no issue getting dummy sales on the way up or down today, although the offer was slightly better on smaller lots.

Hi Howardzzz. I clocked a huge fill order which was completed on the 8th April for HSBC.

Upped their stake by almost 600% on the 8th April. That's caught the markets attention. Took another 17m shares, now holding over 20m. Bet they had some encouraging due diligence before they did that.

Potential is good here but GDR is essentially a test development lab which regularly, very regularly in fact, dilutes it's shareholders to pieces.

Is this not a concern for people currently paying 150% on last week's price:

From March 28th RNS:

Going Concern

At the current burn rate, the Company has a cash runway through May 2024. We are confident that we will continue to gain commercial traction and securing significant revenues, but due to the time required to achieve this, as we have already stated, we will require additional funding. As described in the accounting policies, we continue to adopt a going concern basis for the preparation of the accounts, but the above condition represents a material uncertainty that may cast significant doubt on the Group and Company's ability to continue as a going concern. As set out above, the Company is actively pursuing further equity funding to provide the necessary resources to execute the Company's growth strategy.

FDA will take a while. Money runs out next month. Revenue very low so placing will likely be at a massive discount? Have I got this wrong? Pegged it at 3.2p but didn't invest.

Russia hasn't pushed forward for over a year. Ukraine is currently storing a lot of Europes gas needs and were feeding most of us before 2022 so let's hope it stays that way.

Concessions on land need to be agreed. Russian army vehicles heavily depleted. He'll want to keep a few bullets spare in case tanks start rolling up on his front door.

There are 44 million people in the Ukraine. I don't think they'll get short of staff but I understand your point. They have kept most of their workers by creating jobs so they can be picked back as needed, i.e. getting pelletiser #3 back online. Resumption of export via Safe Black Sea corridor as announced on 28th Dec puts material growth on revenue. I expect an RNS confirming that's underway will move the SP sharply. Demand for iron ore has been increasing as has the price.