Post by
spacegimp on Feb 28, 2022 11:50am
I think just halt all russia growth spending
At least until dust settles. Tempting to add here but this situation is so volatile and sketchy hard to know if kinross will be affected i seriously doubt it
Comment by
Cobalt on Feb 28, 2022 1:38pm
You dont think funds will dump this or be looked at as supporting the Russian war? Look at BP taking up to a 20 billion hit for that reason
Comment by
spacegimp on Feb 28, 2022 2:54pm
yeah i mean good luck geussing a bottom here . russia operations are what 25% of production with needed capex to maintain that level but they just dumped $400 million into growth there plus dumped all their cash into a 8 year canadian project ... i mean yikes i would only suggest nibbling here
Comment by
beelzeebuub1 on Mar 01, 2022 12:21pm
100% agreed.. Without the conflict, we would be trading a fair bit higher.. duh.. :)) Gold price rallies ..Q1 numbers should be quite decent but the market isn't looking at that.. YEt.. :)
Comment by
tonyturbo on Feb 28, 2022 3:41pm
It certainly looks that way today...but their mines are closer to Canada than the Ukraine...they are so far out of the picture I don't even think the Russian Government know that they are there