Member Info for smkr

Could be last few hundred k of the seller here. Limits jump right up beyond £35/40k

Sheesh

Not even a simple “well done guys” from Skelly. After months of telling everyone is was a duff investment from 8/9p

I was expecting a massive investment from him when it popped 👀 😅

Well that’s the news we wanted

Now where’s Skelly’s strategic investment?

25p? 😂

Https://assets.publishing.service.gov.uk/media/692184b5cf3db184075cfde5/uk-critical-minerals-strategy-vision-2035.pdf

“developed by LSE-listed and UK-financed Ferro Alloy Resources is a globally significant vanadium deposit and processing plant. Vanadium - used in steel production - is currently produced there as a recycled waste product from the oil industry, and when the mine and plant facilities reach full capacity, the project will produce 10% of the global supply of vanadium.”

Project Finance Expression of Interest

“Terms agreed for front-end engineering and design ("FEED") with China National Chemical Engineering Sixth Construction Co., Ltd ("CC6")”

“CC6 has received a US$221.8m non-binding conditional loan offer from the Bank of Communication (Hubei) Branch ("BOC Bank")”

Yes, aye.. production is coming..

There we go, 40s. Next up FAR.. featured in UK critical minerals strategy “to supply 10% of global vanadium”, with project finance in place.. nobody wants them until everyone wants them 👀

The levels in the book completely changed other day when i mentioned. that sell down was done, so mid 40s it is

Big blue day starting

The selling is done, see you mid 40s very soon

The run into 40’s has begun

Looks like whoever was selling down after the placing might have finished, judging by book. 40p plus tcomimg then

On Sky news

Ukraine has agreed to a peace proposal from Donald Trump's administration, a US government source has told American media. Volodymyr Zelenskyy could visit the US as soon as this week to finalise a deal.

We have some life finally.. something decent going to happen here imo

Wow huge buying happening right now

Trump: 'Something good just may be happening' on Ukraine peace talks

Donald Trump has posted on social media to provide an update on the Ukraine peace talks.

In a short message on his Truth Social platform, the US president says: "Is it really possible that big progress is being made in Peace Talks between Russia and Ukraine???

"Don’t believe it until you see it, but something good just may be happening."

https://news.sky.com/story/ukraine-war-latest-trumps-peace-plan-revealed-in-full-but-zelenskyy-says-his-team-must-check-its-genuine-12541713?postid=10587296#liveblog-body

Smashing clean through £3 this time imo

JEMA.. 9 quid before sanctions .. a post from a guy there.

As of close of Friday (21st Nov), the hypothetical portfolio value without any discounts applied to the Russian assets, is £203m (502.49p NAV) and I estimate on top of that a further £55m (140.4p) should be in the S-accounts as of Friday. So 642.9p

If I re-phrase your "...Post sanctions" question, to "what could this possibly be worth in a future state where sanctions have been removed, and the Oilers have recovered to operate unconstrained, and the RUB further recovered against the Pound", then the my guess is this has the potential to get up to 950p (incl. S-account balance). That would not take long ; 9-12 months post sanctions being lifted. See my 4th June post, and apply your own estimate of recovery uplift using 642p as the starting point

Far higher than here on sanctions easing or even a sniff of it

Https://news.sky.com/story/ukraine-war-latest-trumps-peace-plan-revealed-in-full-but-zelenskyy-says-his-team-must-check-its-genuine-12541713?postid=10585173#liveblog-body

Https://assets.publishing.service.gov.uk/media/692184b5cf3db184075cfde5/uk-critical-minerals-strategy-vision-2035.pdf

In a blue case study feature on Kazakhstan on pdf

“The second, developed by LSE-listed and UK-financed Ferro Alloy Resources is a globally significant vanadium deposit and processing plant. Vanadium - used in steel production - is currently produced there as a recycled waste product from the oil industry, and when the mine and plant facilities reach full capacity, the project will produce 10% of the global supply of vanadium.

The UK-KZ minerals partnership is expanding into further work matching UK industry with Kazakh mineral producers, for opportunities in technological partnerships and supply chain security. It is also developing several education partnerships between UK and Kazakh universities specialising in geological sciences.”