Member Info for Sergio20

EthanMT

You said everything right except one thing. The government in Ukraine changes, unlike the government in russia, where it is permanent. In three years these stocks will be interesting. As a long term, they can be bought and held when the stock falls even lower.

Part3 Only ArcelorMittal, which bought the metallurgical plant for $4.8 billion, and possibly Metinvest, have invested more in Ukraine than Ferrexpo. And the Ukrainian state has decided to expropriate 49.5% of one of the three largest investors.

Therefore, Ferrexpo will 100% win this case, because if law enforcement officers want to take my shares and my family's shares, then they need to go to London. But they have already gone there, spent large public funds and were refused. They will not be allowed to act illegally abroad.

If ARMA takes control of 49.5% of the plant, will you, as a major shareholder, raise the issue of stopping it and reducing investments?

The decision of all major shareholders: if expropriation occurs, there will be no investment in the company. How else? Why take the risk of further investment if they can be expropriated in the same way? The lack of investment will lead to a reduction not only in our production, but also in contractors: no investment - no orders.

Why do you think law enforcement is interested in Poltava GOK? After all, the value of 49.5% of the plant, at current prices, is approximately twice as much as the $110 million that, as the State Bureau of Investigation suspects, were withdrawn from the Financial and Economic Development Fund?

I don’t know why Poltava GOK. We just have a very powerful and creative government. The value of this share is at least five times greater. 49.5% of Poltava GOK is worth at least $500 million. In addition, with $3 billion in investments that the company made after the IPO. 49.5% accounts for $1.5 billion.

And here is the main question: if I wanted to steal $110 million from the bank, why did I then invest $1.5 billion in Ukraine? This is absurd.

Have you considered the option of selling your stake in Ferrexpo during these three years of war?

No. My family and I never wanted, did not plan, and will not sell these shares. We did and do everything to ensure that the enterprise develops, and Ukraine along with it. All shareholders of Ferrexpo, including our family, built Yeristovsky GOK from scratch for $1.2 billion - the first (after the collapse of the USSR) GOK of such capacity built on the territory of post-Soviet countries. And this is one of the most efficient GOKs in the world.

Part2How do you and other shareholders plan to act if 49.5% of Poltava Mining and Processing Plant shares are transferred to ARMA?

My family and I do not own a single share of Poltava Mining and Processing Plant. Poltava Mining and Processing Plant is 100% owned by the Swiss Ferrexpo AG, which is 100% owned by the British Ferrexpo PLC, the only company with assets in Ukraine whose shares are listed on the main market of the British stock exchange.

My family and I own shares in Ferrexpo PLC, and the shares in Ukraine belonging to Ferrexpo AG have been arrested. Like all other shareholders, the company's management informed me that it is forced to initiate legal proceedings in Washington or the Netherlands against Ukraine, since investment protection agreements have been violated.

The Swiss company Ferrexpo AG has invested more than $3 billion in Ukraine since 2007. Only ArcelorMittal, which bought the metallurgical plant for $4.8 billion, and possibly Metinvest, have invested more in Ukraine than Ferrexpo. And the Ukrainian state has decided to expropriate 49.5% of one of the three largest investors.

Therefore, Ferrexpo will 100% win this case, because if law enforcement officers want to take my shares and my family's shares, then they need to go to London. But they have already gone there, spent large public funds and were refused. They will not be allowed to act illegally abroad.

If ARMA takes control of 49.5% of the plant, will you, as a major shareholder, raise the issue of stopping it and reducing investments?

The decision of all major shareholders: if expropriation occurs, there will be no investment in the company. How else? Why take the risk of further investment if they can be expropriated in the same way? The lack of investment will lead to reductions not only in our production, but also in contractors: no investment – no orders.On the suspension of investments and reduction of production at Poltava Mining and Processing Plant

How do you and other shareholders plan to act if 49.5% of Poltava Mining and Processing Plant shares are transferred to ARMA?

My family and I do not own a single share of Poltava Mining and Processing Plant. Poltava Mining and Processing Plant is 100% owned by the Swiss Ferrexpo AG, which is 100% owned by the British Ferrexpo PLC, the only company with assets in Ukraine whose shares are listed on the main market of the British stock exchange.

My family and I own shares in Ferrexpo PLC, and the shares in Ukraine belonging to Ferrexpo AG have been arrested. Like all other shareholders, the company's management informed me that it is forced to initiate legal proceedings in Washington or the Netherlands against Ukraine, since investment protection agreements have been violated.

The Swiss company Ferrexpo AG has invested more than $3 billion in Ukraine since 2007.

There will be no investments in Ferrexpo." Konstantin Zhevago on sanctions, nationalization, meeting with Zelensky and $1 billion in green energy. A big interview

What are you doing now, where do you live and what are your activities focused on?

I live in France and also travel in accordance with business interests. These are projects related to the mining and metallurgical complex and renewable energy sources. I also meet with our clients with whom we have been cooperating for the past 30 years.

Green metallurgy is on the agenda. Steel mills generate 8% of the world's CO2 emissions. Ferrexpo products are in great demand in green metallurgy, so we also need to "go green."

Before the war, we launched a 5 MW solar power plant, but to be 100% green, we need up to 1000 MW. As soon as the war is over, I am sure that the company's board of directors will submit this project to shareholders for consideration. Ferrexpo needs solar and wind power plants, and the company may also invest in hydroelectric power plants.

These are investments of up to $1 billion. Do you have preliminary consent from other shareholders on this matter?

The company had these plans even before the war. Everyone understands the need for such investments, because otherwise Ferrexpo products will not be bought. Large consumers of steel, such as automobile manufacturers Volkswagen and Toyota, will not buy steel that is not 100% green.

You have been under sanctions by the National Security and Defense Council for over a month. What impact have you felt?

The first to suffer are the enterprises where my family and I are shareholders. For example, VAT refunds were blocked for Ferrexpo. The last time VAT was blocked for this company was during the time of [President Viktor] Yanukovych.

In fact, the company's revenue was taxed with an additional 20% tax. Together with other taxes, this creates a difficult financial situation. If this is not corrected, Ferrexpo will be forced to reduce production by 3-5 million tons per year. This will also affect Ukrzaliznytsia, which will lose $50-70 million in revenue for transporting our products.

The reduction in production will lead to layoffs. Local and state budgets will suffer. The Poltava regional budget alone will lose at least UAH 120 million in personal income tax per year.

I would like to emphasize that the sanctions are absolutely illegal and contradict the Ukrainian Constitution - sanctions cannot be imposed against a citizen of their own country. The only exception is a citizen recognized by the court as a terrorist. There is no such court decision against me. I do not understand why sanctions were imposed against me, I have not received any explanation. People who make such decisions are either scammers or incompetent. I am more inclined to the second option.

On the suspension of investments and reduction of production at Poltava Mining and Processing Plant.

The key shareholder of the company Konstantin Zhevago gave an interview. He said nothing new, all sanctions and problems with the company are related to the conflict between him and President Z and his entourage. The company will reduce production due to the blocking of the VAT refund. In case of nationalization of his share in the company, there will be international courts which the company will win. No investments until the end of the war. I will translate part of his interview and publish it in the near future.

There will be no investments in Ferrexpo." Konstantin Zhevago on sanctions, nationalization, meeting with Zelensky and $1 billion in green energy. A big interview

https://forbes.ua/ru/company/zhodnikh-investitsiy-u-ferrexpo-ne-bude-kostyantin-zhevago-pro-sanktsii-natsionalizatsiyu-zustrich-z-zelenskim-ta-1-mlrd-u-zelenu-energetiku-velike-intervyu-02042025-28478

Yes, you pay a fee of 1% of the amount of the claim if it is a commercial dispute. A criminal case was opened on the claim for $ 3.7 billion on illegal mining of minerals and causing damage. The fee is not paid as far as I know. The court will establish guilt and the amount of damages.

Everything is happening now as I wrote earlier. I have access to information. I know how this system works. These shares may have potential for growth after the elections. The takeover of the company begins. Problems are created for the company such as VAT refunds, these are only the first steps by a gang of crooks from the government. Then there will be a change in management and the company will be stopped. Now they have created a problem with VAT refunds, the company has 100% export VAT, this is 20% of revenue. Local and international courts will take years. Ore exports are not growing and revenue is falling in the first quarter of 2025. On April 7, we will see the results of the first quarter. The current share price is very high given the existing and future risks. I will watch.

Let's start with the most basic thing, the russian FSB troll is on the payroll of this forum. It is absolutely useless to quote his opinions. He is paid for his posts, so he publishes them. 03/12/25, meetings/consultations between Trump's team and President Z and his team in Saudi Arabia begin. Information from local sources. So far, these are only consultations on possible options for freezing or suspending the war. putin is also doing badly with the economy and income. The last sanctions imposed by Biden on oil trade come into force in mid-March. Trump has not canceled them. The fate of the company depends on the future presidential elections in Ukraine. They are quite complicated, a new law is needed. 3 million citizens who can vote are abroad and they are not planning to return yet. A million soldiers at the front, how to organize the elections, how to monitor them, which of the international observers will be present? There are many questions but no answers. Zhevago has a personal conflict with the president and his entourage, they managed to create even more problems for the company than the war. The stock will rise on the good news of the war being frozen, but any action against the company and the key shareholder will impact the stock price. I think that the next few months will be the most important.

Https://dbr.gov.ua/news/za-iniciativoyu-dbr-majno-oligarha-vtikacha-peredano-do-arma

On the agency’s website there is a new press release with video confirming the transfer of 28 February 2025 to the Pechersky District Court of Kiev, satisfied with the efforts of the prosecutor to the Office of the Prosecutor General about the transfer to ARMA of the corporate rights of 16 enterprises that are part of the oligarch’s orbit. The average is 49.5% of the statutory capital of PrJSC Poltava State Construction Plant.

Today, the praise of the court was transferred to ARMA for the victor.

Yes, you are right that it is a toothless tiger. But there is a court decision to take away part of the business. I don’t know how they will take away the business. They have little time. They have been wanting to take away the company for the last 2.5 years. This gang can simply block the company’s work. They will start arresting products that are exported. This is one option. Their minimum goal is to take away 113 million dollars according to the decision of the appellate court a year ago.

There is a court decision, no one will question the director of ARMA. They will seize the enterprise and that's it.

Https://delo.ua/ru/news/arma-ne-smozet-upravlyat-korporativnymi-pravami-zevago-v-cem-pricina-442669/

As I wrote earlier, this is a planned operation (raider takeover). Below are today's interviews with the director of ARMA. The court, the anti-corruption bureau, the Ministry of Justice make a decision that cannot be implemented! Why are they doing this and what is their motivation? Until there is another court decision, the current court decision is valid. Pure corruption.

ARMA will not be able to manage Zhevago's corporate rights: what is the reason

The Asset Search and Management Agency ( ARMA ) will not be able to manage the property and corporate rights confiscated from businessman Konstantin Zhevago without changes in the legislation.

This was reported by the head of ARMA Elena Duma.

She recalled that at the request of the Office of the Prosecutor General, the assets of Zhevago, to whom the sanctions of the National Security and Defense Council were applied, were transferred to ARMA's management.

"It is interesting, especially in the context of transferring to management what is impossible to manage. For a year and a half, we have been calling for the unblocking of the management of corporate rights. Has at least one of the submitted bills been approved? No!", Duma emphasized.

According to her, ARMA will now receive a decision on the management of 26 real estate objects, 14 property complexes, health resorts, hotels, non-residential premises and other corporate rights of Zhevago.

The Duma noted that without amending the law, without the consent of the owner, it is impossible to implement the court decision and manage corporate rights (and far from 100%). Therefore, news about the transfer to ARMA remains only news due to the lack of interactions and current legal norms.

The fourth bill No. 10069 has already been registered in the Verkhovna Rada, which will allow ARMA to manage the sanctioned assets transferred to the agency by selling those that are already under management within the framework of criminal proceedings.

"ARMA is ready to effectively manage such assets if the parliament adopts the relevant bill. I also ask you to support the interests of the state and bona fide purchasers - citizens of Ukraine and finally transfer the legally acquired sanctioned and arrested property to the Prozoro.Sale trading platforms," ​​the Duma emphasized.

It should be noted that the State Bureau of Investigation, together with the Ministry of Justice of Ukraine, is preparing an appeal to the High Anti-Corruption Court with an administrative claim for the nationalization of assets and corporate rights of Poltava Mining and Processing Plant PJSC of Ferrexpo, of which Konstantin Zhevago is a shareholder.

As noted by Ferrexpo, Zhevago owns less than 50% of the shares of this company, so he is not a majority owner. Other shareholders of Ferrexpo include well-known investment funds in the United States, Great Britain and Europe.

Zhevago and Ferrexpo goal number 1. They started with him.

Everything is happening as I described. Personal sanctions, decision of the anti-corruption department, court decision, then seizure of the enterprise and loss of control over the company. Ferrexo AG will report that they have lost control over their assets in Ukraine. They will go to court in London. Minimum 5 years for the process. I would like to note that among the 5 people that these corrupt officials included in the list, Zhevago, who has fewer assets than his three colleagues in misfortune, is the first to take away his assets. Knowing about all the potential risks with international shareholders. This is a planned operation. Do not forget about the fine of 3.8 billion dollars that these corrupt officials plan to win in corruption courts. They want to make the company bankrupt.

If you don’t have enough adrenaline, buy cryptocurrency, Tramcoin for starters.

Unfortunately, this all reminds me of the house occupations ( occupas) in Spain. After the apartment has been seized and several years in the courts, only the walls are returned to the apartment owners

Fear of losing power makes people shy and weak. The president Z has lost respect and will lose power. Everything that is happening around the company (the speed of decision-making in court, the fine and other actions) indicates that the corrupt have little time. Until the end of the year at the most. The country will pay for all the tricks of these corrupt officials, not tomorrow in 5 years. We will remember all the heroes of the war and will be grateful to them forever. Heroes don't die!!!!!

I warned about this 2 weeks ago. I think the share price at 20p will be a dream in a month.

Zhevago case. The court transferred 49.5% of shares of Poltava Mining and Processing Plant to ARMA

Ferrexpo lost control over part of the shares of its main enterprise in Ukraine

https://biz.liga.net/all/all/novosti/delo-zhevago-sud-peredal-v-arma-49-5-aktsii-poltavskogo-goka

Stephen Has A Question For Donald Trump 8 years ago. He was right.

https://www.youtube.com/watch?v=Rxf8-E2v9og&ab_channel=TheLateShowwithStephenColbert

We have already been through this with Merkel. If we trade with russia, there will be no war, it is not profitable for putin. Study the history of Muscovy, the Russian Empire and the USSR. Dictators do not care what happens to their citizens. Do they die of hunger or in war?

Ukraine is the aggressor and russia is the victim. In the spring, all diseases usually get worse. If you follow this logic, Osam bin Laden is a hero, he was misunderstood. The war will not stop - it is not a washing machine that can be turned off, I wrote about this 10 times. It is the million-strong army that is fighting, not Zelensky. Ukraine is not ready for a shameful peace, no matter who the president is. Read not the propaganda, but at least Western newspapers. This is primitive blackmail that the buyers to use in negotiations with suppliers to get better conditions, then they block supplies. More than 70% of all military equipment and soldiers are destroyed with the help of FPV drones. Nothing will change until autumn.