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Most of those were awarded to him for what exactly, near ruination of the company?
Ross Jerrard was on the BOD and failed to oversee Sukari operations with due diligence by condoning or turning a blind eye to the high grading by Pardey & Youssef.
He must also accept some major responsibility for the now apparent waste of many millions of dollars on poorly thought out West African projects!
How can he really remain in post?
Such banking "developments" mean that "wholesale funding costs have risen in the United Kingdom and other advanced economies," noted the Bank of England this morning, raising UK interest rates to 4.25% in the face of consumer-price inflation rising to 10.4% on last month's data.
https://www.bullionvault.co.uk/gold-news/gold-silver-032320233
Hi Cowichan,
Unfortunately the Egyptian military Junta behaves just like every other the world over!
The international community must promptly deny the legitimacy of Myanmar’s military junta, the UN-appointed independent expert on the situation of human rights in the country said briefing at UN Headquarters in New York on Tuesday, launching a critical report as the coup enters its third year on Wednesday.https://news.un.org/en/story/2023/01/1133027
The Built-In Brutality of Myanmar’s Military
Ignoring what everyone else thinks is part of the junta’s mindset.
https://foreignpolicy.com/2022/08/05/myanmar-military-brutality-coup-executions/
From 1976 to 1983, Argentina was governed by a military dictatorship that committed horrendous human rights crimes, including torture, extrajudicial executions, and the imprisonment of thousands without trial.
https://www.hrw.org/reports/2001/argentina/argen1201-02.htm
“We strongly condemn the escalating violence against protests in Myanmar and call on the military to immediately halt the use of force against peaceful protesters,” Ravina Shamdasani, spokeswoman for the UN human rights office, said.
https://www.euractiv.com/topics/military-junta/
As the Muslim holy month of Ramadan is about to begin, here is how to wish someone Ramadan Mubarak in various languages around the world.
https://www.aljazeera.com/news/2023/3/22/listen-to-ramadan-greetings-in-different-languages
Ramadan is set to begin tomorrow (March 23) and it will see Muslims around the world begin a period of fasting that will last until April 21 or 22.
https://metro.co.uk/2019/05/05/difference-ramadan-mubarak-ramadan-kareem-9414104/
A Ramadan etiquette guide for non-Muslims
https://edition.cnn.com/travel/article/ramadan-etiquette-guide-non-muslims/index.html
https://twitter.com/centaminplc/status/1639038598057189378?s=61&t=wPRUR5w_YhDaiuhBs7gRKQ
Token effort read the remuneration report this is smoke and mirrors pretending to buy some now with the pocket money and then what they have to buy as part of the bonus smoke and mirrors - Jerrard what a joke
article highlights the Egyptian Army has tentacles in every area of trade and industry - benefitting select groups
https://www.haaretz.com/middle-east-news/2023-03-23/ty-article/.premium/sissi-wastes-a-fortune-as-egyptians-go-hungry/00000187-0b27-d1cf-a7af-ffffe0bb0000
March 23, 2023
"Egypt imported a large amount of frozen poultry from Brazil, some 50,000 tons, which will be used as a “strategic inventory” in preparation for the month of the Ramadan fast. But according to reports in the Egyptian media, the government transferred the license to import the poultry to an agent who is connected to the military – and the goods will be sold at a reduced price in army stores.
The suspicion is that this agent received an exemption from paying customs duties so it could be sold at a price of $2 per kilo, instead of $3.50 charged by private importers, who pay a 30 percent import duty. The rest of the sellers will be forced to sell the same chicken at a much higher price. "
Ross Jerrard now owns 620000 shares .
His current plan is to focus the private mercenaries’ focus back to countries in Africa, such as Sudan, Mali, and the Central African Republic, where Wagner has deployed forces.
https://uk.yahoo.com/news/report-signals-humiliating-end-russia-182031681.html
Yevgeny Prigozhin is preparing to pull his Wagner Group mercenaries’ attention away from the war in Ukraine, according to a Bloomberg report that cites sources familiar with the matter.
His current plan is to focus the private mercenaries’ focus back to countries in Africa, such as Sudan, Mali, and the Central African Republic, where Wagner has deployed forces. On Monday, Wagner posted a recruitment notice offering deployments to African countries would last between nine to 14 months, Bloomberg reported.
The apparent decision to recalibrate Wagner operations in Ukraine comes after a series of setbacks Wagner has faced in trying to work with the Russian government to wage war in Ukraine. Prigozhin, who enlisted private mercenaries from prison, was blocked in recent weeks from recruiting from prisons. His colleague was also recently barred from accessing Russia’s military command in Ukraine.
https://uk.yahoo.com/news/wagner-founder-rejects-claim-pull-133959085.html
POG just covered $2,000
Because the bank failure changed things and as Keynes said when the fact I change my mind, and the price of Cey fell making them good value, and the directors bought, and quite surprisingly seems we might be at the top of the interest rate cycle. Nothing pleases me more than when he gets it wrong, now let’s hope he is not proved right and this is not temporary
they are restricted around financial info and “known” major things like take over, but cuts both ways eg known major things that send the sp higher or lower
SP should be higher than this
Currently at $1988, high of the day +.94%
Back from golf, and the markets are far more like I expected, phew! Just took a bit longer than I thought today lol- damn the Yellen though, she caused the drop last night and good to see a ping back- guess it just gave traders a good excuse to trade- she's a bit bitter if you ask me :-).
The only thing I don’t like about directors dealings, is it means that there’s no chance of anything exciting happening in the near term, otherwise there would be cry’s of insider trading.
Hi Buster,
If you are interested in checking the accuracy/truth of what our politicians are telling us you may find this organisation of interest
https://fullfact.org/about/policy/reports/full-fact-report-2023/
To buy 500 thousand shares or more could be construed by the market ,as panic about the SP.
Especially in the present volatile time.
I always look cafefully at share buy backs, which are mostly to maintain the value or increase the value ,short term.
Seen that happen many times.
I am sure many will disagree. ;-)
Normally not very succesfully.
Hi Razors.
Chicken feed compared to some of our group though!
Bought 100,000 shares at £1.52 ea in October 2020
And another 100,000 at £1.20 in December of that year.
So he’ll be glad to see the pps recover.
He still owns 200k shares.
I have said previously that I would like to see regular buys by the board. It should help steady the price and give a bit of confidence. I think the last time any of them dipped their hands in their pockets was a couple of years ago when the price was around 130? I also think the size of the buys was around 20 or 30k.
Sotolo it is nice that you have the money to buy another 30k shares and have the confidence to do so, but can I ask WHY? considering your man was predicting a fall in the price of gold a week or so ago?
Hi Razor's,
I am trying not to be cynical, really just "Tea money" to him, it would be great to see an RNS of a directors buy of least a 500K, that said I agree it's a least a show of some belief in the company strategy and a positive signal, rather than selling as Josef & Youssef did in the past,!
Actually 100k from Horgan and 50k from Jerard is far more than management have been investing for a long while and I would say a very positive sign, I have now bought 30k at an average of 101 over the last week and feel comfortable to have done so