Core Viewpoint - Energy and Energy Global (01142) experienced a significant stock price drop of over 12% following the announcement of a court ruling in Russia that upheld the revocation of the company's mining license [1] Group 1: Stock Performance - The company's stock price fell by 9.09%, trading at 0.4 HKD with a transaction volume of 13.8553 million HKD at the time of reporting [1] Group 2: Legal and Operational Status - The company announced that it is seeking legal advice and intends to take measures to protect its legal rights, including further appeals against the court ruling [1] - The company stated that its mining plans in Russia have not yet commenced, and the current assessment indicates that the revocation and appeal ruling will not significantly impact its overall daily operations [1] Group 3: Financial Implications - As of March 31, the mining licenses in Russia accounted for approximately 1.42 billion HKD of the company's total assets, representing about 96% of its total assets [1] - If the licenses cannot be restored, the court ruling could have a significant adverse effect on the company's financial condition [1]