Member Info for Wolster

It is their fault that the sale process has dragged on for an eternity, with only haphazard/cryptic updates.

Therebye allowing world events to exaggerate the risk profile of holding this share indefinately (which no doubt is the time needed for this BOD to actually sell the company).

Future events which could also effect the risk, include company moves away from aim, full collapse of all markets in the face of widespread recession etc...given the timelines already experienced & likely further delays now built into any outcomes here.

All this risk just for bolting on a few more land acquistions, or JORC reports it no longer stacks up.

There does come a time when the BOD who are apparently working for shareholders (I really think there is a distiction now between Russian Shareholders vs Western Shareholders & the BOD aint working for Western Shareholders thats for sure) need to actually be held to account for all the carrot dangling/shortlies etc.. & I think that we are here.

BOD communication with shareholders - no change
Increasing disconnect between shareholders & BOD - continuing
Increased Russian isolation from Western markets - continuing
Russian lack of respect for Western values & markets - continuing

Good Luck all.

I have a poultry holding now, compared with pre war (but still enough to cause a minor flesh wound on the portfolio) that said the portfolio as it stands today would be paultry without this share being its backbone in the last 4 yrs.

So thanks EUA & I hope we all come out of this smiling, but with closure - we all need that.

Most recent developments which may lead to peace are imo:-

1) Ukranian ground resistance.
We can all see the ground war day by day.

2) Air Power.
Poland allowing Ukraine jets to be placed on its soil = Excellent.
Biden offering Poland swapsies for Russian planes (to be gifted to the Ukrainian pilots), in exchange for US planes = Excellent.

Just need a flight of these to pile into that juicy convoy & peace talks will be full on.

Russian troops on Russian soil can do whatever they want.

Putin having said publicly, his troops are pulling back, given he is a showman would look weak on the world stage, should he not follow that through (& tbh lose all credibility for his future games - no one would even entertain bothering to discuss anything with him) although dragging his feet as as much as possible is perfectly in keeping with his character.

In Russia, appearing to be strong & in control of every facet of your country is a far more valued set of principles than in the West, they will pull back in their own sweet time, & milk the higher Gas/Oil prices (which are paying for their troop movements at present & consider the chaos they sow around the world a good day at the office).

IMO

It wont matter what Germany want on the Nord stream, do you actually think a Gas pipeline running across Ukraine will survive intact with well armed Ukrainian partisans roaming the country for months post any invasion - it'll be blown in so many places it'll take months to repair & be a constant target thereafter.

In fairness the deal needs to get done, or at least made public in the interest of all shareholders - which the BOD are ment to be working for.

We have been through:-
- Shorter attacks since 3p for years
- Suspension
- A couple of bouts of covid
- An insider selling shares, (& granted re-buying them, but the damage was done)

Surely enough is enough without a potential Russian hostile takeover of Ukraine.

I am a support the BOD & am behind the company, but there does come a time when enough is enough - give us some feckin information about the sale - PLEASE.

Paid troll on the Ukraine thread needed to invest, his ill gotten gains ofc...& picked EUA (may as well buy what you knock).

"I don’t agree with the argument that value of assets in the ground equate to value of company. If that was the case why is Rio Tinto not a $trillion company?"

Its not up for sale for one thing, which does tend to push up the price.

£1 per share would be fine for me, so £3bill after fees etc...

It wants to go doesn't it............

I defy anyone to try to buy a decent number of shares at present, but no probs selling a couple of million - tells me all I need to know.

NT to buy on HL, but sell what u like.

Feckin boys club as usual.

Assuming you can hold NN russian shares in a SIPP/ISA ?

In fairness the other month they managed to drag it down to 14p, so always leave a little cash on the sidelines ready for the bargains they create.

TBH I always have a small side trading pot (prolly only 5% of my main holding) which I use to happily buy the cheap & sell on the rise - it kind of makes me feel like all these de-rampers are working for me then (it also reduces the frustration that the price volatility leads to - without being out when the big one lands)

Should you be interested in Uranium investments - check out GCL.

For disclosure purposes I made a little on there over the last few weeks but have sold out now. (& further topped up in EUA).

Looks like gold is twitching to the latest fail on the US jobs, other miners most likely will also benefit.

All I know is I'm still here from ages back, & topped up all the way down to 15.5p, but have gone quiet as all my contributions used to be slanging matches with bot flies + a couple of ARB ramps (the source of my top up cash). Besides I mainly used to do it for my own entertainment purposes & you have to move along in life.

Plain & simple...he smashed confidence with his share sales & let all the ii's, shorters play their games with a much greater effect ever since.

Prior to that the mass of shareholders were fairly solid behind the BOD, after its been an up & down **** show.

Anyone doubting we would be at this current SP without his prior actions is deluded.

Just wanted to say keep the faith guys, Im still invested to the max (just didnt have much to contribute so kept quite for abit).

Fair enough but isn't it 40moz + 46moz = 86moz (is wk in this figure as well ( even tho its low in palladium) & that extra blob of land on mt).

I also love our borders getting pushed ever outwards preventing competition getting a foothold.