Member Info for SWLC

Wish everyone a relaxing Easter holiday! Market will let us know the fate of POG in the next weeks or months, no point arguing, take your own choice, buy, hold or sell. It reminds me last year I sold HUR at 40% loss in the fear of delisting, less than a year later, it is 10 bags.

Only down little, Russians smell buyout offer.

Maybe everyone holding this share sets a limited order of 50p which will prevent them being borrowed for short sales?

She is talking about POG, just put the decimal wrong. The article was right about the current situation though:
"The reality is, apart from the exposure to Gazprombank, Petropavlovsk has limited association to Russia. If the company establishes a successful plan to restructure its debt and avoid failure of future payments, there may be hope."

The author, Anshula Kumar, should have done more research before publishing this article, assuming she was talking about 16p instead of 1600p.

There is no winner on this war, both Ukraine and Russia are losers. If you talking about a real winner, it is USA.

The company should make a notification about the payment due yesterday.

Found it

https://www.bloomberg.com/news/articles/2022-04-01/russia-seeks-new-ways-to-sell-its-20-billion-a-year-gold-output

He was talking about POLY which is up20%.

Really hope shorters lose their pants when we finally open after ceasefire agreement. I will take £3 when the company announce a special dividend.

has been made.

Russia-Ukraine war causes steel prices to rally to all-time highs as European shortages loom

Steel rebar hit record highs last week, up 150% from 2019. Hot-rolled coil up 250% from 2019 to all-time highs. Russia is the 3rd largest exporter of steel globally; Ukraine is the 8th. (Bloomberg) Russia and Ukraine account for c.30% of the EU’s steel imports. (Argus) Prices have rallied on sanctions imposed on Russia’s steel exports and industry oligarchs alongside major disruption in Ukrainian steel plants, including the major Mariupol furnace, destroyed last week. Soaring energy prices have also hit output, with 40% of Europe’s steel produced in electric arc furnaces. Analysts expect a further 40% price rally in steel prices to cause a slowdown in demand. (Bloomberg)

That was why Li Ka-shing (HK's richest person) are selling his assets in the UK because he thinks UK government is not protecting individual's assets in the country.

Personally I prefer the share is kept suspended until the ceasefire is agreed so that those shorting are locked paying fees everyday and maybe another few hundred percent premium on top to close once the suspension is lifted. Sadly the shorters do not want the war to end soon for their own gains apparently.

Yun, you have been asked the same questions for the last a few weeks, I am using Halifax and there is not issue buying or selling unless it is NT. You'd better check with your platform or change your brokder.

https://www.cityam.com/ftse-russell-to-delete-russian-firms-from-indexes-including-evraz/?utm_source=dlvr.it&utm_medium=twitter

Remove from Indices, not delisting!

It is better to have company suspended until all the dusts settle and the uncertainties are gone. Those shorting can not close their shorts and still have to pay interests during suspension unless company is delisted.

Agree, is better for AB to keep the money in the company or next day the newspapers will be all over the place about $200m dividend paid to him, good for the company in the long run.

EVRZF $1.45 equals to £1.08 at the moment, money stays at the company, so no big drop expected tomorrow.

Hope we can get 120-130 by close so we may hold above 100 tomorrow after open with divi by 30th of March.