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A shareholder who doesn't:
- question
- evaluate
- reassess
- compare
but makes a point to mock others who do so , is probably not a satisfied shareholder
at 87.7 pennies perhaps it's more comforting to turn a blind eye
Tibbs, hard to believe CAPD decided to work in Egypt and with a company with such a disastrous track record as Centamin. By the time Egypt and Sisi have finished with Centamin, I’d be surprised if CAPD even get a penny. Capital drilling are walking on thin ice, even yesterday on eBay I saw “Great Pyramid for sale’ - Seller profile ‘Sisi897’
Hi Mr Gnome,
The City of London is on course to secure an exemption from new global corporate tax rules to protect the largest banks within the Square Mile. The new global tax reforms were initially agreed by the Group of 7 (G7) counties, aiming to extract more money from multinational companies such as Google, Amazon and Facebook.
The Financial Times reported that the UK’s pitch to protect its financial services sector from the new global corporate tax rules were accepted during the Organisation for Economic Co-operation and Development (OECD) talks in Paris this week.
The approval is a huge boost for UK financial services but also comes at a cost. In return, the UK was urged to discontinue its digital services tax, which imposes a 2% tax on large multinational firms whose revenues are linked with user participation of search engines, social media platforms and online marketplaces.
https://www.halofinancial.com/economy/city-of-london-to-secure-exemption-from-new-global-tax-rules
23rd May 202245 0
British overseas secrecy hubs have reduced their overall supply of financial secrecy to the world but remain, as collective with the UK, the world’s biggest enabler, according to the Tax Justice Network’s Financial Secrecy Index 2022 – a ranking of the world’s biggest suppliers of financial secrecy. The UK, however, increased its supply of financial secrecy at home despite actively taking measures to rein in some of its overseas jurisdictions’ financial secrecy.
https://www.icrict.com/icrict-in-thenews/2022/5/24/britain-is-officially-the-biggest-tax-evasion-enabler-on-the-planet
Fact checks focused on tax evasion, avoidance and offshore accounts
https://fullfact.org/economy/tax-dodging/
https://www.jerseyfsc.org/media/6556/section-14-estate-agents-and-high-value-dealers.pdf
Mr Tibs
Do you know how many secret groups in the \uk that are involved in money laundering and tax evasion_?
I suspect a few more than Egypt
Weather is lovely in New York, and I have lost count of how many groups there are involved in money laundering here, and that was before breakfast
regards
the Gnome
A think-tank called the Egypt Technocrats, made up of independent Egyptian professionals living around the globe, claims there are more than 300 secret companies inside Egypt involved in money laundering operations.
Some say vast amounts of money may have been smuggled out of the country since President Abdul Fattah al-Sisi came to power nine years ago. If true, could this flight be just one of hundreds that have made similar trips?
https://www.bbc.co.uk/news/world-africa-66614769
Kathmandu, Sep,1 : Additional police officers have been assigned to investigate the case of gold smuggled from Hong Kong to Nepal.
The Department of Revenue Investigation (DRI), which started its own investigation after seizing 60 kg and 716 grams of gold, has entrusted the investigation to the Central Investigation Bureau (CIB) of the police.
https://risingnepaldaily.com/news/31825
The investigating agency, the DRI, is a government body and that high-level politicians have been suspected for their involvement in this case, it is doubtful if the report of this agency would be impartial. In such a case, it is difficult to assume that the real culprits, including the mastermind behind the scam, are going to be punished. But it should not be forgotten that any leniency in punishing the real culprits involved in gold scams would not only erode Nepal’s image among the global community, but it might also have a detrimental effect on the economy and security of the country.
https://www.orfonline.org/expert-speak/nepal-a-hub-for-transnational-gold-smuggling/
who recommened my post ;-).
someone **** taking, no doubt. ha ha.
In this week’s episode of Live from the Vault, Andrew Maguire is joined by Adam Trexler, founder of Valaurum - the manufacturer of Aurum gold-backed banknotes - to discuss money's natural evolution beyond fiat and into tangible assets.
https://www.youtube.com/watch?v=Yk6Y32KO6eg
Dont bother watching, it was boring.
And another person dreaming.
Live from the vault ,Episode 138 on you tube. Andrew Maguire.
Equally, when it is above their expectation, some still sell to bank profits and some don't so sometimes there's a dip and sometimes there isn't- hence my point as the cliche is pointless as can be interpreted and used in multiple ways- hence we are arguing about it :-), proof of this.
No Sotolo- that is a negative - not so much of a gain as planned = a loss (eg loss to expectation).
here:
https://www.linkedin.com/posts/victoria-nobel-523431176_virtualsitetour-mininginnovation-vrify-activity-7085667970680590336-whwn
interesting at the video's halfway mark the notes read "forecast to produce in excess of 400,000 ounces per annum"
that would be a significantly 'damped down' declaration of production to include in centamin's most up-to-date presentation
the overhead eagle eye views are pretty slick - but if you peruse the vrify site you'll see it's geared towards raising awareness of explorers & juniors, not supposedly established mid-tier producers , guess ceo horgan has mucho $$ to burn
------------------------->>>>>
🚀 exciting news! 🚀
i'm thrilled to announce that centamin plc plc has just launched its immersive virtual site tour on vrify 🌍
alexandra barter-c****
michael stoner
in an industry driven by innovation and cutting-edge technology, we believe it's crucial to embrace advancements that enhance our operations and deliver an unparalleled experience to our stakeholders. with vrify, we're revolutionizing the way we showcase our mining sites, bringing them directly to your fingertips in a fully immersive virtual environment.
what does this mean for you?
whether you're an investor, a potential partner, or simply someone passionate about the mining industry, you can now explore sites from anywhere in the world, at any time.
vrify enables seamless collaboration and knowledge sharing. connect with other industry professionals, exchange ideas, and foster partnerships. share the virtual tour with your network, colleagues, and potential investors to amplify the impact and opportunities created by our mining operations.
thank you for being part of our journey towards innovation, sustainability, and progress. we look forward to your virtual visit and the exciting opportunities it may bring!
Steve, not pointless, if figures are more or less expected the market positions itself in expectation then takes profits when they come out which is why the movement after the figures come out is so often counter intuitive, have a lovely weekend
BRICS losers ,courtey of Cowichan 30/08 /23
What do you think of it so far folks ?
Courtesy of Morcombe & Wise Show. :-)
BRICS -Losers.
Marjorie Tayor Greene, speaking to constituents in Georgia, BRICS are a threat to US $
SO IS THIS BAD NEW FOR US?
August 28, 2023
In2Metals is beneficially owned by the Egyptian Sawiris family who, through the Agreement, is underlining its commitment to invest directly and proactively into the development of Egypt’s mining sector. In2metals is an affiliate of the Company’s cornerstone shareholder La Mancha Investments S.à r.l. (“La Mancha”).
Under the Agreement In2Metals has acquired an 80.1% interest in and assumed management control of the Company’s subsidiary Akh Gold, through the subscription for US$10 million in new Akh Gold shares (“Subscription") over a four year period (the “Transaction”). The proceeds from the Subscription will be applied to fund exploration of Akh Gold’s projects in Egypt. Elemental Altus will receive US$1.5 million in cash pursuant to the Agreement, a 1.5% Net Smelter Return (“NSR”) royalty across Akh Gold’s current projects in Egypt and will retain a 19.9% equity interest in Akh Gold upon completion of the US$10 million Subscription, with pro rata co-funding rights thereafter.
Highlights:
New royalties created in Egypt with US$10 million to be invested by In2Metals in Akh Gold
Elemental Altus to receive:
1.5% NSR royalty on current licences and licence applications totalling 1,914km2
Cash of US$1.1 million on closing and US$0.4 million on or before August 30, 2024
Milestone payment of US$5 million on definition of a 3 million ounce resource
Rights to co-fund its 19.9% equity interest in Akh Gold following the Subscription
In2Metals selected following a competitive process with multiple potential counterparties
In2Metals is led by Gérard de Hert, the former SVP of Exploration for Endeavour Mining and is beneficially owned by the Sawiris family
The Sawiris family have a distinguished track record in telecoms, media, real estate and mining in Egypt and across Africa
Through Akh Gold, Elemental Altus established a portfolio of prospective targets in Egypt:
Channel sampling at the Wadi Dubur project includes 6.80 g/t Au over 18.0m
Wadi Dubur is located 35km west of the Sukari gold mine of Centamin Plc
https://www.linkedin.com/posts/g%C3%A9rard-de-hert-65a85913_royalties-mining-gold-activity-7102313880281841664-hp4N
Definitely a difficult balancing act for Mali Gov.
https://www.africanews.com/2023/08/31/mali-adopts-new-mining-code-to-raise-gold-concessions-ownership//
Not sure how re-negotiating what is renegotiable and recovering what is recoverable will work out
Enjoyed your touch of sarcasmn.
Thanks for a smile.
Pointless Sotolo- the rumours are positive, the news is negative = a loss. The rumour is negative and the news is positive = gain. Facts dictate SP, not cliches or charts.
Buy the rumour. Sell the news.
Pull back overdone now and previous data earlier was key
Data released at around 15:00 was cause - data causes changes not charts :-)