Member Info for snudge1234

Even the broker says the shallows are only worth 7p per share in total..... and the caspian explorer will earn 0 in 2023 and 15 mil in 2024 it won't exactly break the bank will it

Agreed, only asset that keeps investors here Is the deeps... Having 3 rns about a boat hire next year in quick succession and then not mentioning the deep well for 40 odd days after the last update considering every other deep well so far has basically failed just screams that somethings off to me the communication is worse than inept or it is because they dont want to break the bad news yet that's what I can't help but think...... also listening to the echo chamber on here of how great everything is won't help you if it drops 40%

Agreed shagged

But does nobody find it strange that since saying there's 100m left to drill 5 weeks have gone by and absolutely nothing has been said....? 2 rns now have come and gone and no mention of the most important part that everyone is awaiting news on.... they said 700bpd 5 weeks ago so surely they could have squeezed In a quick current progress update even if it was something simple like " still continuing as planned still producing 700bpd or more or less or anything we will deliver another update whenever" but in 5 weeks why no update unless something is wrong? I don't want to sell up here but the communication is definetly becoming iffy in my opinion.

Thanks investeg that was very very helpful, I understand better now, and I'm now relieved too as I've bought these already and feel like we're a good rns away from serious returns!

Haha.... I am already 4 days into the journey,

Agreed , I'd take 7.9.... but the upside gamble here I haven't been able to turn down iv just been bitten on a few others waiting for a drill to finish with a gloomy rns so I worry

the reason would be..... this well is another dud which means next to 0 successful deep well drilling..... so the only producing are shallow wells and even the broker says 7.9p is full value only from shallow wells..... this is how I understand it maybe im wrong..? but there is alsp the caspian explorer....

Hi, thanks for the reply, what is happening to the other 4 if there drilled but not producing?

I dont want to sound deramperish here and I do own these shares but hasnt every deep well failed so far what makes people think this one will be different....? I guess if its not commercial wel have to suck it up and enjoy the divis

A dud well it will definetly drop.... hopefully due to the monthly divi and a couple other things going for it I'm hoping it won't drop too much...... a good well and I think we are really going to fly!

Isn't today ex divi day???

Skeleton, the share price is the share price for a reason, they are possibly now doing only 25% of production( see previous rns) as to what they can and were before..... that's what's priced in..... plus iron ore Price is dropping, its priced in that the war will not end soon.... how exactly do you think it will end? Putin wants the donbas and more.... ukraine won't give it up.... neither are giving in so infrastructure will keep being targeted and the port will remain blocked, even if food is allowed iron ore won't be...... if the mines being taken by russia was priced in the price would be 0..... you can disagree all you like but the share price is continuing to drop and only people who hold these shares think they are undervalued or it would shoot up, plus the cherry on top being Swiss tax takes over a 3rd of the divi when it comes..... the drop from 180 down to 120+ is the realisation that there will be long long term uncertainty... and to add another lazy soundbite " markets don't like uncertainty"

The share price drop is not crazy atall.... huge chance of a long protracted war causing issues with getting the ore out for a long long time yet.... with no end in sight why would this start going up?

I believe if you can hold for long enough there is serious money to be made here... but it won't be soon

Equanimity -The war has not really disrupted FXPO operations. It sold 20% or so less pellets recently due to logistics difficulties, but we will probably see a healthy Q2 profit in a few days.

Fxpos own Comms say otherwise

check the 13th June RNS... the group will operate between 1-3 of its pelletiser lines out 4.

equanimity I agree in the sense it needs to be held til end of year and poltava will be safe and it will have the bestgrowth out there when war finishes.... do ukraine have 2-3 times resources of russia though....? i dont think so, or I havnt seen evidence of even having an equal fight let alone over power russia

"Crashing russia and winning the war" I have 13k shares of this and even I have to admit that statement sounds pretty farfetched, is there any evidence out there to show that russia is crashing and ukraine is winning the war ? Ukraine is losing territory by the day with little to no chance of ever getting it back In the donbas. The only way this is going up is when the war is over whenever that might be, and that doesn't look soon... the only way this goes up quickly is if putin stops at the donbas and ukraine forced to accept it..... if it was so super for ukraine stocks why has this gone red everyday since eu candidate.... makes no difference short term

looks like they bought but not as many as first announced possibly... the latest holding is still more than the previous holding announced

Did blackrock buy and then sell a few days later..? Two tr1s in a few days , can anyone explain this?

"Ukraine will have to cede now more than had they negotiated at the beginning"
So you think if they let russia overthrow the government and take over Kyiv first day Zelenskyy would be in a better position? I'm not sure who's deluded.