Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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I certaily did not mention what you are holding, ;-) or the size of it !!
A gold and silver supply shortage may coincide with an economic downturn and how investors can prepare for coming challenges by switching to sound money.
https://tinyurl.com/d5f6pacc
A trusted acquaintance forwarded the piece below to me,I appreciate it's cut and paste but I didn't see the point of rewriting it and its is some news about Centamin so it should at least keep some of the forum members at least half happy!
Egypt, Regional Exploration
Upon completing successful screening programs, the Fatiri and Atalla licenses were relinquished after indications of large mineralized systems were not observed.
Exploration programs are progressing on the Hamash-Sukari, where initial observations from the first phase exploration program have identified
features that are indicative of elevated prospective, including fertile intrusive s and a major, multikilometer, structural corridor associated with extensive alteration along extensional flexures.
An airborne geophysical survey is planned early in 2024 to support the generation of the first set of prioritized targets or drill testing.
https://tinyurl.com/ycx9bseu
Barrick has decided to dispose of quite a lot of Egyptian real estate all at once - and that without the modern geotechnical techniques to 'hunt for elephants' as Bristow likes to say - but noticeably staying with the concessions nearest Sukari which possibly indicates an interest in a future consolidation with Centamin?
Thank you for the reply Mr Bond,
My agenda as you put it is to encourage others to look a bit deeper into the finer detail of what they are being spoon fed rather than just accepting it on face value through their rose coloured glasses.
To enable any debate there needs to be different views and opinions on the subject in question, there wouldn't be any debate or any point of discussion forums like this if everyone just accepts the same corporate rhetoric.
What I find amusing is that you assume that I only have a small holding, my holding is such that I certainly don't feel guilty about speaking out, but that said its not the value of the shares which is my main cause of anger but the fact that share holders have been taken for mushroom's (Being kept in the dark whilst having loads of crap tipped on them) and have been misled and lied to on more than one occasion by the management.
Very encoraging end to the week ,, over 10.000,000 bought in the uncrossing trade. For a Friday pretty damn good .
Have a good weekend all.
Stab at 107
mr tibblechan ,is always thinking and supposing,which is simply supposition from his heads.
"feasibility studies are just that" you state, what you really mean if it dosnt fit in with your agenda,it needs ignoring,and add as much waffle as possible in an effort to divert further attention to a weak ,generalised ,obscure narrative from yourself.
so anyone or topic that dares contradict or disagree with your apparent agenda is trashed.
if you were a holder and especially a substantial holder the last thing ,logiclly to do is to try and destroy its value by constantly "****ging of " the company.
but yous do constantly.
i am sure you will enjoy weekend you and your alta ,playing mighty keyboard warriors. unless of course the fsa have taken an interest in yous in your suppositions from linkedin.
Tibbs I again ask what numbers are you worried about at Doropo excluding the perceived security risk because as I say what I have read so far about the project it looks straight forward.
OK a few dots and crosses required but that is what the current study due to be published in a few months is all about.
Niger is 1600 miles away from Cote D'Ivoire compare Berlin to Moscow 1100 miles.
Africa Costs are what you mentioned I only responded because I don't like generic numbers because they are very dangerous. I guarantee the numbers that Centamin are working with will involve very experienced organisations with considerable knowledge of Cote D'Ivoire and other countries in West Africa. Including companies like SRK, Lycopodium, equipment manufacturers, suppliers, contractors and transport logistical organisations.
Of course nothing can be taken for advantage that is the nature of business. Numbers need to be scrutinised, analysed and decisions made. The same goes for the projects in Egypt that are maybe 3/5 years behind where Doropo has arrived.
I post many of trades and what I trade on here and my success is demonstrated.
You just whine on and on and on, cut and paste mostly irrelevant info.
You've clearly got an axe to grind.
I feel sorry for you.
Fair comments Tornado,
Unfortunately there is something still not right, the share price is a joke if the claimed potential of the company is true , likely one overriding factor is the loss of confidence, Centamin still hasn't shaken off the ghosts of it's past.
I'm bored with slick fast talking presentations going over much of what has already been said before, ,what's needed now is some proof of reliable guidance, reduced AISC and before too long the reinstatement of a decent dividend. deliverable.
I hope I am wrong, but I am expecting not a lot!
Mr Henderson,
I have written to those making the accusations and if they supply the proof then I shall forward it on the appropriate authorities for them to deal with .
I see no point in contacting Centamin as I have no faith they will take it seriously.
Shame but despite being a sizeable shareholder for over a decade I think there is some truth in Rebess's opinion Centamin is far too cosy with the Eygptian Mobb
Tibbs
Good question Bushy, well both are mercenaries who asset strip countries and Fujitsu are still entwined in most of the UK's largest governmental IT systems!
Steve, credit where credit's due you are very adept at claiming to be so astute at trading , but if this were so then why mess about on a message board.
I think most of your posts are just wishful thinking in an attempt be a big fish in a very little pond.
If you aren't interested Mr Bond then why bother with replying ?
Kees Dekker's concerns over the state of Sukari in 2015 of 2018 despite Pardey trying to deny then and the BOD denying any knowledge of what was going on at Sukari have been proven to be correct in every case, the collapse of the share price and the loss of market confidence not to forget the halving of the dividend and the depletion of the company cash reserves are all the testament to the fact that shareholders were deliberately misinformed.
Come on Mr Bond you should be honest why you always leap to defend Centamin.
Feasibility studies are just that.
A feasibility study will typically include estimating the size and quality of the ore body, producing geotechnical information, researching metallurgic or mineral processing information, as well as researching similar projects, waste disposal, environmental factors, and potential risks!
There are no certainties, companies are quick to point this out after investors money has been flushed down the lavatory pan!
So far Centamin"s feasibility studies so far really haven't proven to be that reliable not only in Sukari but elsewhere where they have proven t be as much us as a chocolate teapot!
Fair question why didn't I get out in 2015?
Well several reasons , I didn't know that much about Kees Dekker a freelance analyst at that time, so I thought I should be able to trust in the integrity of Andrew Pardey a very senior member a of the Centamin BOD to carry out his duties with due diligence in the best interests of the shareholders.
Andrew Pardey claimed that all was basically well at the mine, but that these things happen in mining and that lessons had been learnt and changes made.
I realise now that i was foolish to give Andrew Pardey the benefit of the doubt and that far from being learnt if be known things had had carried on in the same old way, although to be fair things did seem to pick up until in 2018 hitting the unexpected poor grades in the open pit and this was made worse by the underground operation coming to a standstill due to the near self destruction of the sole LHDR without having the right spare parts available!
Yet again Pardey claimed these things happen mining, it was Barminco's fault , they were trying to save money by not having essential spare parts on site, it wont happen again!
If you recall even you Mr Bond and others with past experience of Sukai all agreed that these unpredictable things happen and so once again I chose to believe those that should be acting in my best interests and other shareholders who claim to have some knowledge of the mining industry
Then woulnt you know it https://www.sharesmagazine.co.uk/news/shares/centamin-plunges-as-production-hit-by-mine-trouble
oops, a cut and paste, still never mind!
So now I have no confidence that Centamin management are telling us the whole story or that Doropo is worth bothering with! Tibbs
Experts at cut and paste....
Major stock market indexes in Europe traded mostly lower during Friday's premarket as investors analyzed the latest data regarding producer prices in the United States, which showed a growth of 0.6% in February, surpassing expectations.
Market participants also awaited the release of inflation reports from France, Italy, and the United Kingdom's consumer inflation expectation figures.
The DAX gained 0.06% at 8:02 am CET, the FTSE 100 traded flat. The Euro Stoxx 50 fell 0.09% and the CAC 40 lost 0.11% a minute later.
The euro was up by 0.44% against the dollar at 8:03 am CET, selling for $1.05143. In comparison, the pound gained 0.55% to go for $1.21430 at the same time.
Baha Breaking News (BBN) / RR
Happy Friday y’al
Enjoy your weekend
Gold currently $2169.86
More rubbish Tibblechan but that is all that yous are expert at.
Public listed Companies have a duty to follow proven Feasibility studies.
Your crystal ball is certainy not sufficient ,thank you.
Even Kees Decker your trusted expert in 2015 ,in todays light got it wrong about the future prospects of Centamin.
You read his report again and refresh youself, Kees Decker, "Get out while you can" november 2015"
Was that the time you got out ?
Not that I am really remotely interested .
To be honest Europe and America should be doing a great more to support Ukraine,
The situation in Niger is a case out of the frying pan into the fire , the danger of inviting in Wagner group who after all are in the main just mercenaries recruited from prisons and the criminal mafia who don't abide by any of the established international rules to prop up unstable, corrupt and week governments is that Wagner once entrenched is impossible to control or get rid of.
https://tinyurl.com/mrxkjd9d
I agree knowing the costs is important, but considering all the unknown facts and risks how can th cost be realistically calculated.
The same goes for the claimed results and alleged potential of Doropo, can they be entirely relied upon, I very much doubt it considering the many unknown factors, Centamin got it so wrong in the past, nothing can be taken for granted now.
Hi Quark3,
The majority of posts on here where information is to be shared include cut and paste detail, not that I can recall ever seeing any of your posts that ever contribute anything other than vitriol towards any member that you tale a dislike to.
So from you comments it seems that that that you feel any information that members come across possibly even regarding some development or occurrence that may affect Centamin is to be completely rewritten by each contributor.
I have copied and pasted links to a cross section of sources sources including an information paper from a UK cross party parliamentary committee regarding the increased threats to doing business in the region.
You may or may not realise it but many long term shareholders are aware it's all too easy to spend many millions of dollars (including shareholders potential returns) on drilling lots of holes for the sake of it on reserves of questionable or mediocre potential in areas where apolitical regime change and unrest or insurrection are such that abandonment of these projects at great loss is the only option
On what information that is available so far Doropo doesn't amount to a "Dripping roast" and most likely will turn out to be another potential money pit rather than a profitable gold mine.
It time to take off the rose coloured spectacle and face facts that the likelihood of Doropo turning out to be little more than yet another a expensive promise of sometime down the road the good times coming is very likely!
Far better to concentrate in Eygpt for the time being, there are more than enough new arras to develop with far less risk!
Wagner group or Fujitsu?
The positive surprise is what they find out near little Sukari and whether feedstock ore can be trucked to the main processing plant. It de-risks the Sukari operation.
As for the final report, I suspect we only get perhaps a 2p divi as they need cash for lots of drilling and converting resources into reserves.
Mr. Tibbles, you in a copy and paste frenzy today!
After carefully reading your posts I am convinced that the best place for you to invest is a post Office savings account. No danger there of the Wagner Group keeping you awake at night.
Tony agree with what you are saying but don't think it would have been necessary to high grade as to be honest don't see any high grades, more like divert some equipment away from waste where they were supposedly ahead of the game.
What I am hoping for although Tibbs won't agree is for Doropo and other prospects in Egypt to provide positive news and would also be good to hear that ABC is moving positively.
Hi mrtibbles,
Very serious allegations.
Where There's Smoke, There's Fire.
Tibbs From the reports and figures that I have read on the Centamin web site the Doropo resource is good and way better than many. If the initial investment can be recouped in 2 years I say it is a good prospect.
Tell me what numbers you don't like and not investing in Cote D'Ivoire is like not investing in Europe because of the conflict in Ukraine.
Wagner is in West Africa by invitation to protect against ECOWAS this is entirely political driven by The Kremlin.
As I say West Africa is well represented by large mining companies and comparing Africa mining costs means nothing comparing mines is where you need to look. Comparing East Africa, South Africa, West Africa and Central Africa will give you some differences. The importance is knowing your costs this tells you if the project is viable.