Member Info for Ricardo2019

Post on LinkedIn too: "We're busy updating our corporate brochure to reflect upcoming announcements - If you haven't already read it, you can still download the current one"

Sounding very confident!

Nice posts and I agree. Is it known when the interims are likely to be so I can stick an entry in the calendar to check back here? I checked the RNSes and EUA website but no luck.

> That's the same propoganda

Er, no. Saying that someone is a criminal is not the same as saying they are less than human.

All this nonsense about Russia being asked by seperatists to invade Ukraine is just that. I'm not saying that both sides are squeaky clean, but the fact is that Russia has illegally invaded Ukraine 3 times now. Their soldiers loot, murder (on camera too!) and **** everywhere like the uneducated peasants they are. Putin is so 'smart' that he believed the nonsense about Ukrainians giving up, and sent riot police in the invasion force. If this wasn't about stealing Ukrainian land, their resources, and erasing the Ukrainian identity by denying their existence as a proper country then the 3 day coup that turned into a disasterous war would be laughable. Except many, many poor souls have been bombed, shelled and shot to death Russians who don't value life, and are only there because Putin has openly stated that he wants to take Ukrainian land for Russia. He's not interested in protecting the people of LNR/DPR. He barely values his own people. Putin is in this for himself and his legacy. I actually think he's got a screw loose - how else can the loose talk of nuclear war be explained?

But some muppets on here told me that the Ukrainians were collapsing, the war would be over soon, there will be peace talks, Putin wants peace, blah blah blah. I feel lied to and betrayed... /s

Anyway, back to seriousness. Good price to buy and hold at for the long term.

Slava Ukraini!

I don't think the situation is at all clear.

"Just before Russia’s invasion of Ukraine, BP was paid a dividend of $464m (£404m) by Rosneft to cover the first half of 2021, but is still entitled to payment for the second half of the year.

It is unclear whether it will ever get the second payment, however, as Russia hits back at sanctions imposed in the West over its war on Ukraine.

Russia initially banned companies from paying dividends to overseas shareholders, and then blocked payments to companies in “unfriendly” countries, including Britain and the US.

Funds are instead put into restricted accounts, with approval from Russia needed to take the money out of the country. BP does not therefore recognise this as dividend income.

Days after Russia’s invasion of Ukraine in February, BP pledged to sell the Rosneft stake it has held since 2013 and has written it down to zero in its accounts. It has limited sale options, however, with Russia preventing sales of certain assets and a limited pool of buyers." - from today's Telegraph.

We need clarity from the BoD, but given the situation I doubt they know either what the case would be. I can't imagine the Putin regime allowing a British firm to gain billions from a sale of Russian assets even if somehow the money could be sent straight from the Chinese buyer bank to EUA's bank account. Does that idea pass the sniff test at the moment?

The nomad would force them to RNS that if the sale had completely failed.

The news blackout could be a very good sign. It can be taken both ways.

I am patiently awaiting Hoochies £35.

Holy thread resurrection Batman!

(My last reply was to Scottytom)

Unless there is news, or a leak/rumour of news then this would be what we call a sentiment driven SP change. I think some in the market see events on the frontlines as positive movement towards the end of the war, and they're buying because of that.

Ignore that last message please - I have a case of PICNIC going on.

LSE is only showing 4 small trades today. That isn't the full picture then?

> The Ukrainian lighting advance was certainly a political and media victory, however the point remains that the Russian's withdrew their troops from Irzum days before and redeployed to Donesk. This is where the real battle before winter is going to take place and it will be decisive.

Nonsense. Yet again you prove you have no idea on military matters just like you laughably said the Ukrainians are collapsing. The Russians took their best troops from Izyum and sent them to the Kherson front. Wagner continues to do most of the heavy lifting in Donetsk. Which is, and most likely remain, a stalemate. The decisive battle will be when Ukraine cuts the land corridor via Melitopol (and possibly when Kherson is retaken). As ever, peace is a long way off, and while the Ukrainian crushing victory in the North is fantastic news for democrats everywhere - they still need to crush the best Russian units. That has not yet happened en mass.

It's nice to be in the green with 4 out of 5 share tranches. only -3.8% for the highest priced one, and well over a bag for two of them. Waited years for this! Won't be selling. Can't wait for more.

Hi mizman, hope you are well! We agreed to talk again at the beginning of September about the state of the Eastern front. Sorry I am late. I hope you are as pleased as I am to see that your claim that the Eastern front was collapsing in Mid August has now come true, albeit not in the way you meant. At the time you meant the Ukrainians were collapsing, which I disagreed with. Now we can plainly see the truth of the matter.

Since you are posting economic news for our consumption I do hope your understanding of economic matters is better than your military knowledge and resistance to Kremlin propaganda. It would be a shame if we couldn't trust you. I should admit my own failings though: I did not expect the Ukrainians to get good at combined arms so quickly.

To relate this great news to EUA... I think it makes little difference. The war will go on for a while I suspect. Our great company marches on too (unlike those poor dead soldiers sent on a shameful illegal war by Putin).

Anyway, must dash - slava ukraini!

> its the end of moratorium, not compulsory fracking

Hi milnrowmug, yes I understand that. My concern is that fracking gets bad press even if unjustified, so I wonder in which of our licences where fracking would be worthwhile there would be local support. Hopefully UJO already have a handle on which areas would support and which wouldn't.

"where there is local support."

Hmmm that's a significant caveat. I'll await further news from UJO with interest - fingers crossed.

Oh, and forgot to add, I am expecting news in November - I am trying to stay away (unsuccessfully mostly) from here until then haha

Hi James, best peruse the RNSs for news. But in summary I think I'd sum things up as:

- Bargain entry price
- Jurisduction risk has hammered the share price due to the war and sanctions - this is a high risk stock at the moment.
- The war isn't stopping any time soon so the next catalyst for a major SP increase IMHO is a sale.
- If sale then I reckon you are correct, we'll be well over 50p, albeit if the war is still ongoing I think the price won't be as high as it might have been.
- If no sale, then we have to hope for slower SP growth as the company mines the resources.
- Don't put in what you can't afford to lose.

If we don't sell then I'll be holding for the long term as I'm in no rush. But I'm not selling now, that's for sure.