Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Paul Metcalfe I think your assessment is accurate and entirely reasonable.
A lot of the changes Horgan has made are transforming the efficiency of sukari but the effect is cumulative and not necessarily noticed overnight. The operation is being improved and brought to standard across the piece. I believe him when he says a safe mine is a well-run mine and Sukari has been one of the safest.
Why is the SP in the bin then? Look at the world. Two wars currently raging with the threat that both could lead to global conflagration, one of them on Sukari's doorstep. Strong possibility of a global recession and debt crises. Also centamin is going to be spending a lot of money in the next 3 years and that adds risk to the company.
I still think it is hugely undervalued at present and topped up yesterday at 81.7 Wish I'd waited a few hours to do so but hey ho, still think it's a good bet.
BTC winning race against gold. All the BTC miners going north
Mr T
Why dont you compile all questions asked, AND ANSWERED
and all asked and NOT ANSWERED
...and put them on this forum
Then we can use this forum to good effect and see the nature of the persona we are dealing with ?
cheers
the gnome
Equities in Europe traded mostly lower in the premarket on Tuesday in anticipation of the newest reports on the United Kingdom's unemployment rate and Germany's consumer confidence. The two countries, as well as the Eurozone, will also post their latest results in manufacturing and services.
The DAX lost 0.06% at 7:50 am CET. At the same time, the FTSE 100 fell by 0.10%. The CAC 40 decreased by 0.10%. Meanwhile, the Eurostoxx 50 stood flat.
The euro went up by 0.09% against the dollar at 7:52 am CET to sell for $1.06792. At that minute, the pound sterling rose by 0.14% against the greenback to change hands for $1.22665.
Baha Breaking News (BBN) / JR
Hit 16month high in the earlier hoursā¦
https://www.coindesk.com/markets/2023/10/23/bitcoin-rises-above-31k-with-options-positioning-suggesting-price-has-further-to-run/?outputType=amp
All
Send in your questions
Steve, From past experience they won't answer any awkward questions at this event, this is all part of going through the motions of improving communication with share holders but being selective about which questions they answer.
I have copies of many questions over the years which have never been acknowledged let alone answered !
Hi Cluid, haven't heard of ths company before, so thanks for posting,nice rise today, long time since Centamin did anything even vaguely similar!
https://caracalgold.com/#
Paul and all.
Get your questions in for the 30th oct.
If enough people mail in, surely the key questions canāt be avoided.
But people must email in.
Ok---most of us LTH are cheesed off and thinking that we should have cashed in when we were 220 and Sotolo ( who's views are back of a f-g packet calculations are interesting) was predicting Ā£3 before long. But we have hindsight.
We never know if what we are being told is true. We were being told a pack of lies when the share was up to 220 and the previous lot were high grading, which looks like it was for their benefit .
If Martin Horgan is pulling the wool over our eyes, then he is going to a great deal of trouble to do it. He made a decision to do the waste clearance and to allow more access to the mine. Then there is the solar and the new trucks. If he was getting a kick back from all of this (I am not accusing him) would it be worth the effort?
Ok--there was a problem and they missed Q3 targets , but they reported it before the Q3 figures officially came out. It's not like the last lot predicting 600 OZs for the year and then suddenly announcing at the last minute there was a problem with some machinery.
Dasut and Kees Dekker thought waste clearance was the way to go---and that is what is being done.
The big IF is can they meet and exceed targets from now on and can they reduce costs to increase profit?
With the recent rise in POG (which I think Sotolo says is geared 3 to 1 with costs?) then that could give a bit of leeway. If they meet targets and gold remains high, they things should look a lot better.
I haven't a clue about Doropo. If they make a decision next summer, then they will either go for it if they think it is a goer or they will get rid of it and stop spending money on it.
I still think there are trust issues with the market and Centamin-------but if we get a couple of good things or meet or exceed targets, that could come back.
I still think Martin Horgan will always underplay targets ------because if you exceed them you are doing well and if you don't , its still looks good for you.
Please can somebody else give us something a bit positive?
Well Tibbs you are sounding like me getting depressed with all this, are the golden flip flops ever going to come! It seems not. Not sure myself to call it a day on this but it is hard to sell after all this time, I must admit optamisum is getting very low now. Any lift seems to be short lived and nothing seems to make any difference and confidence is rapidly disappearing. Decisions decisions. Hope all are keeping well, that after all is the main thing.
For example, Iām different to you, I couldnāt just hold a stock that keeps losing where I donāt trust the management and am always attacking- it would be a complete waste of my time ā¦ Iād have sold out and moved on years ago ā¦
I work within what ever system exists when I cannot change the system- thereās good and bad in all systems - people drive systems so will always be the case, as people will always be good and bad.
The world being in a deeper mess is a matter of perspective and beliefs - if far be living today than in the past, heck only 80th years ago millions died in a world war, average death age was massively younger and so , people often forget this
Life always changes, systems always change, it will never stop.
It may well do Steve, but unfortunately that won't sort out the ever deeper mess our world is sinking into.
Nobody gives a flying fart about the US debt problems because like it or not the dollar is king and they are all still willing to buy yet more trillions of US debt as long as it keeps paying ever rising interest rates in lovely dollars, backed by nothing more than a promise to pay in yet more lovely unbacked dollars !
Now there is a risk of escalated war in Ukraine and the middle easy the US congress and senate is hardly likely to refuse lifting the debt ceiling and who cares a flying fart anyway when the FED printing presses can just carrying on churning out the Greenback and the Comex trading desks can carry on selling paper gold!
Centamin is well and truly buggered just like the worlds monetary and trading systems ,but who gives a tying fart anyway, certainly nor the BOD!
I no longer believe that Centamin is being entirely honest with share holders because if the BOD really cared or even believed in their policies and strategy then they would demonstrate it by each of them buying a meaningful amount of shares, but I doubt they will when the y know that they can carry on kicking the can down the road promising share holders of good times sometimes who knows when whilst being rewarded with buckets loads free shares for basically doing a less than mediocre job!
In the absence of any evidence to the contrary, excluding the usual meaningless spin from pet corporate brokers I fail to see how Centamin is worth investing in .
Oh and BTC up 85% YTDā¦ just saying ā¦
People are people Mr T and it was ever thus- most of gold has little use other than what people perceive its value to be, the desire for shiny stuff.
Mona Lisa and all art is subjective and yet generates bonkers money. If everyone decided Banksy was crap- his art would be worthlessā¦
Bitcoin is so different- itās allows payment instantaneously (I canāt buy something with my gold bracelet in a few secondsā¦
It avoids bonkers fees by the costly banking and fx markets
Long live crypto, itās here to stay and grow .
It's amazing isn't it here we are in the 21st Century and billions of dollars are being made trading in something that isn't regulated doesn't materially exist or have any intrinsic value backed by nothing but predictions and trading desk spin in the media.
Why bother mining anything, growing anything or developing and building anything it seems that all that needed is trading in something that you cant hold, taste, smell, regulate with no use other than being a trading token!
Peter Schiff on bitcoin in 2017- he would have made over 700% had he not been a such a bear- but hey Ho lol
https://www.coindesk.com/markets/2017/08/17/bitcoin-bear-peter-schiff-doubles-down-even-at-4000-its-still-a-bubble/?outputType=amp
Lol- bears overall across the markets are grumpy- why? Because the bulls have by a country mile.
Sure the bears can be right stock to stock, but overall bears have been battered horrendously over past 40years
"There is a precedent of sorts for Cairo winning favors as a regional war raged.
Egypt secured forgiveness of half its $20.2 billion debt owed to the US and allies in 1991 ā one of the most generous incidences of debt relief creditor nations have granted ā in exchange for support for the anti-Iraq coalition during the Gulf war."
"The US wanted to reward Egyptās President Hosni Mubarak for his pivotal role in lining up Arab nations against Saddam Hussein and to reimburse Egypt for heavy financial losses in the war. Egypt also sent armed forces to participate."
"Replicating that scenario would be difficult though. Back then there was general consensus that since Kuwait had been invaded, it needed to be supported, and while Egyptās participation āwas not met with any great joy in military circles, it was not a particularly hard sell and the debt relief was an immense added incentive,ā according to the Middle East Instituteās Mabrouk"
https://fortune.com/2023/10/22/will-egypt-take-palestinian-refugees-from-gaza-israel-hamas-war/
------------------------------------->>>>
Too often in life picking sides, showing compassion, spreading hate - comes down to $$$ and not principles or religious convictions, as the case may be
CEO Horgan and his trusty investor relations team will let you know if anything of relevance happens in Egypt. Now sit back and enjoy Centamin's Rugby Update --->>>
@CentaminPlc
7h
#CEY has been a sponsor of the Alexandria #Rugby Club since 2003. This #diverse club plays an important role in the increasing popularity of the sport in #Egypt.
Congratulations and we hope to see Egypt in the World Cup before long! šššŖš¬š
#Community #Sport #Inclusion
https://twitter.com/CentaminPlc/status/1716376348879401109
šš With the #Rugby World Cup final this weekend, we want to appreciate the grassroots rugby clubs that raise the profile of the sport and enable people to come together as a team to play and develop their skills. šŖ
Centamin PLC has been a founding partner of the Alexandria Rugby Club in #Egypt since 2003, and remains a proud sponsor today.
This club of #male and #female players and staff has grown from strength to strength, playing an important role in the increasing popularity of the sport in Egypt.
Keep up the good work and we hope to see Egypt in the World Cup before long! ššŖš¬š
#Community #Inclusion #CEY
https://www.linkedin.com/posts/centamin-egypt-pharaoh-gold-mines_rugby-egypt-male-activity-7122142086060986368-qgx5
Bears are always right - in the end.
Re what will it take ?
1) Q4 delivery on guidance with strong production and revenue.
2) A more peaceful world.
3) More doveish central bank rate policies.
4) No global recession.
5) No G7 debt trap doom loop.
Not much to ask is it?
Schiff not Schaffer lol
As always- choose who you listen too wisely , make your own decisions then you only have yourself to pat on the back or criticise
Every time markets and geopolitics gets spicey, everyone wants your clicks to make their money-
Schiff certainly not spot on-
This time last year he said
ā This was not the first time that Schiff has voiced his concerns about the U.S. economy. At the end of last year, he said that inflation was about to get much worse, and the U.S. dollar will face one of its worst years ever. In October last year, he said the dollar will crash and the U.S. is going to default on its debt. He also predicted that the Federal Reserveās action could lead to market crashes, a massive financial crisis, and a severe recession.ā
Schaffer said recession worse than 2008 would happen in Jul 2022 and weāre still waiting
schiffGoldā¦. Hmmm what possible reason could he have for dissing equities lol