Ferrexpo Financial Collapse: How Kyiv's Conflict with Zhevago Led to Production Halt and Bankruptcy Threat
🚨 Ferrexpo on the brink of bankruptcy: FT describes a catastrophic situation.
📉 The company has halted mining and is selling off stocks.
💰 Kyiv is withholding $90 million in VAT due to sanctions against Zhevago.
🚫 Zhevago is blocking the life-saving share issuance, fearing loss of control.
⚖️ Capitalization has fallen to $200 million, the court is already considering the bankruptcy case.
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