Member Info for sonicboomboy

AgentB,
I like to think you are right however Putin play by different rules. He resorts to violence. End of.

You seen the SP, looks like what I said would happen has happened. Hardly *******s.

You know the only way Russia can ever win a war is on foot.

When it comes to nuclear war they would get punped. They cant get their weapons off quick enough.

I must admit Putins veiled threat not to meddle or see the likes of which you have never seen before does lend itself to suggest he is 'threatening' nuclear war.

Of course the idea would seem ridiculous normally but after this past couple of weeks, who knows?

Layla,

How do they know what's happening with licences etc. They know what they have now but today we've seen Putin in action. Who can second guess what he is going to do next?

Boris says we are not going to depend on his oil and gas. When will precious metals or the utilising and manufacture of good from which they are sold to included in this?

They dont want to go and fight but sanction him to high heaven.

Now trading between the 7.94p and 10p. Will certainly fill it now - dead cat bounce and back down to fill it IMO.

Sharebel,

This has gone now. Better buying oil. ITs going up and will continue to go up.

#letthetrendbeyourfriend

NOT

#buythedip

IMO

The TG group is even worse. I wake up to DM's from some of their ADMINs calling me all sorts of T's and C's - charming!

On the chart between 7.92/10p for info.

Looking at the chart a bearish spinning top in a downtrend was the last candle today.

I only post here about Russia and Uktaine because the Telegram Group won't let anyone mention it.

So this is my outlet to make such posts.

Ah yes the chartists saying 30p plus then find a crab appearing out of nowhere.

Research is great but no research, licences or JORCs will make any difference now until this is over.

My thoughts are this has just turned into much longer ride with run down dip before thinking of going higher.

Alot of emotion flying about need to trade calmly to be effective.

CAW,

Boris takes aim at Russian nationals, an equal and proportionate measure for Putin might be to take AIM at UK nationals or companies.

I'm not saying this will or will not happen bit it might so should be considered.

CAW,

This is only.foe the sanctions against the banks and rag, tag and bobtail.

The next round may or may not affect us. We don't k ow yet.

And to say I feel a little miffed buying in the high 17's :-/

Still looking at the price action since I bought earlier today.

RNS states no current sanctions affect the company as of this morning. Great, just what we needed or so I thought.

However it was the actual price action that was the issue and a clue to the short/medium future price. There was a massive sell off that drove the price down. Bar a deal being RNS'd (absolutely no chance atm) there is now no other RNS that in the current climate can now act as a catalyst. It was a weak last roll of the dice to calm nerves but sellers put paid to any short/medium term recovery whilst war, further sanction and Putin retaliation exists. Any project news is just a binary bet in the sale no sale argument.

The sell off effectively said we're off that's that best price for a while. It's a shame it took me till after hours to fathom it.

I assume sellers had bought in the 16p area, so fair play and a good trade for them.

Given the fact the Ukraine situation is now so over bearing and negatively affecting the price and everyone rounding on Putin, there is nothing, no JORC or licencing that will do any good atm until this situation is resolved or a sale comes along. As we all know a sale won't be concluded currently, so I can only conclude lower prices to come 13/14p area feel likely again now as the sellers today showed their colours, drew a line in the sand and said just above 16 is worth selling into.

Having a look at the trades after the RNS it would appear after the initial flurry of buys that most sold into the welcome rise.

Freely admit I got caught in buying a few back mostly because I go think the company can do well. However, it's clear to see most now are scurrying for the door as tension heighten again in the Ukraine.

On reading the RNS I think we have to say it was only what we thought it would be anyway. No sanctions that affect us because by and large it's against a handful of Russian banks and a few Oilgarchs all of which we have no association with., so RNS or no RNS it was obvious that as of today these sanctions do not affect us.

However, the next round of sanctions may or more likely further irritate Putin to retaliate. I see in Sky News they were musing the idea of them being barred from reporting Russia as a sanction from Putin. Just goes to see where their mind is at though and why Putin sanctioning western companies operating in Russian is so plausible.

All in all, a bad trade but fortunately only losing a few hundreds quid. Got a feeling no one wants to hold overnight as further incursions are going to mean red days to follow.

Looking at 13p as a re-entry once sold tomorrow.

Market Reaction to the RNS wasnt very good at all. Took a postion on the back of it and already offside :-/

Just wondering if re reading it anyone feels that it only mentioned sanctions not applying as of today. Boris under pressure from all angles to apply more pressure via increased sanctions especially if there are further incursions.

I wonder if I have jumped the gun a but on this but thoughts welcome.

Exactly what I was waiting to hear from the BoD. All looks good now for the rise back to 23p for starters.

Well that is that cleared up I am back in.