Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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But rather than pictures- I'd like to see a statement that says - "we are currently paying "x" for fossil fuel, and this solar plant will come into full operation on "nn/nn/nn"- when all maintenance costs, capital refresh costs etc are taken into consideration, the savings to the bottom line will be "n" per annum based on a fuel price of "n". Our fuel usage is estimated to increase by "n %" per annum so on going savings will increase" . I can't recall if all this was said before as it seems an age they've been on the solar project... if some else can- would appreciate it
Freedom I think Emma takes half the profit, we only get the other half then pay a further 2.5% royalty on it. However this is not so much worse than the tax regimes in some other countries, but of course did hit our net profits hard as it kicked in and ratcheted up to the full 50%, hence also not helping the share price over the last few years.
Lol Spot64- here's hoping
Some good news at last.
Is this is the start of centamins long awaited good news period.
I'll get the toaster ready for all the jam we've been promised.
US market closed today so no Pied Piper
European stocks stood higher in Monday's premarket trading as investors prepared for a new rate decision from the Swiss National Bank coming just ahead of the opening bell.
The day will also be marked by another batch of data from Germany and the European Union. Meanwhile, markets in the United States will remain closed due to the Independence Day holiday.
The DAX, the FTSE 100, and the CAC 40 increased by 0.74% each at 8:08 am CET.
At the same time, the euro and the pound traded flat against the dollar to sell for 1.04334 and 1.21013, respectively.
Baha Breaking News (BBN) / ND
Happy Monday y’al
https://www.linkedin.com/posts/hamdy-elnaggar-pmp%C2%AE-8b8a3892_almost-done-activity-6948539356802338816-CEUR?
hamdy Elnaggar Site Manager at Giza Systems
caption reads:
almost done
So does the Egyptian government take 50% of the net profit after tax or is the net profit after tax a figure that comes after the Egyptian government payment has been deducted.
Just another headache I don't need lol.
Maybe the sp will climb this week for a change..
Halfpenny
A option is just get a price for Labour Only n pay for material (receipts) , just a thought , sat in greenhouse at alotment waiting for passing shower to go
Another example of how difficult/impossible it is to try and negotiate with Egyptian officialdom!
The irrigation ministry says it will continue the campaign to remove homes moored along the river "in clear violation of the law". The minister, Mohammed Abdel Ati, says it is "a clear message to those who transgress on the Nile".
https://www.bbc.co.uk/news/world-middle-east-61963517
Residents had since received no news, until the eviction order came on June 20, leaving them "with no time to file an appeal", according to one resident.
https://www.france24.com/en/live-news/20220630-cairo-s-floating-heritage-risks-being-towed-away-by-grand-projects
https://egyptianchronicles.blogspot.com/2022/07/save-cairo-houseboats-waiting-for.html
https://www.reuters.com/world/africa/owners-distraught-historic-nile-houseboats-are-removed-2022-06-29/
But then it's no different to the way the UK government has disregarded common sense and the wishes and concerns of the ordinary people over HS2!
The little people always get screwed it seems by the corrupt, lying politicians, the markets and corrupt and greedy big business!
Hi Cowichan,
I am familiar with Olympus technical imaging equipment, they make some of the very best and the technical back up was always first class!
Certainly a another change for the better!
Things are a lot worse than we are being told. Got plans for an extension passed but haven't been able to get a builder to price for the work they all say the materials have up to a 6 months waiting period and they can't price as they don't want to commit. All are putting me off until next year and several have folded up, I'm talking with builder number ten at the start of the week ahead but not hopeful. Bad times ahead it seems glad I'm hedging with gold.
Mr Bond thankyou for taking the time to reply, interesting stuff.
Today we have finished the great training with Todd Houlahan as a director of Olympus for our #exploration team and the #MRM projects team at the #Sukari Gold Mine - #Centamin Company. Using the latest version of #PXRF device and the software related, we wish to meet Todd soon. He was a great person to accept all the discussions and answer all the questions.
Really much appreciated these efforts
posted by
Abdelhamid Rabie 2nd degree connection2nd
Graduate Exploration Geologist at SUKARI Gold Mine - Centamin
team picture here:
https://www.linkedin.com/posts/abdelhamid-rabie-1220801a3_exploration-mrm-sukari-activity-6949016263465521152-0ijF?
And the new equipment details here:
https://www.olympus-ims.com/en/xrf-xrd/compact-and-portable-xrf/
The story is a long one. But 30 was not the lowest it went,it dropped to 20p for a day or so ,because a bent lawyer named El Fukari :-) charged Centamin in Court with unfair advantage.
He finally ended up in jail for blackmailing Companies for Brown enveloples for of lot of cash. Extorsion.
The profit was such Mr Tibbles used to say Sukari is like a demented ATM spitting out cash. that was in the days before paying %) 50 profit share with EMRA
There was a large orofit, and hopefully soon it will continue.
Firstly thank you deep joy and can anyone confirm these numbers for example production 400k at aisc 1550 average sale price 1585=120m profit. So we should be seeing profit just above that number, and also in the years 2012-2015 why was Centamin in the 30-50 p range? does anyone know what the profit was during theses years as I cannot find anywhere.
Good for you halfpenny,
It's sad that the "Shysters" were in charge for so long at Centamin and Sukari!
I do believe that that Martin Horgan is a man of integrity and more than capable of the task in hand, so I really do hope that things are different his time as we share holders are really owed deliverance on so many previously broken promises!
But that said it's definitive results we need to see, no more window dressing and promises of things to come!
Maybe I should have said volatility instead of selloff anyway I got my average in cey to below 80p so cheers for volatility lol.
Hi Steve,
Fair comments, to be honest as it turns out Centamin has certainly proven to be on par with most of the most lucrative pyramid schemes!
Over a decade and more I have lost count of how many times we have listened to "Good times around the corner!", "Excellent drill results coming next time, probably!" 'On track for 660,000 0z's!" 'Law 32 soon to be ratified!" "Court case verdict eminent!" "Promising drill results in WA !" whilst being shown the pages and pages of coloured "Pardey poo" never ending drill results (Utter Bullshi(t!")to encourage share holders to keep putting their money in, whilst the BOD and other lazy wastrels are awarded bucket loads of free shares, then Oh Josef El Raghy CEO is stepping down to do other things, he had probably realised that the Sukari sham scheme was likely to be exposed,then lazy Youssef sells his free shares, nothing to worry about it's to invest in property deals,but then Oh Fu*k the pit wall starting to fall in, but never mind Pardey is off with saddle bags of swag to run yet another pyramid scheme ( see Mining News).
So what to do, Well the Jersey BOD were simply unaware that Sukari was being run on a wing and a prayer as it was slowly being submerged under a pile of uncleared crap!
In the meantime the SP is in free fall and the AISC takes off like a rocket for the next how many years, but the way out of this is to dump the WA asserts, they were never tight for us anyway, so forget the $30 odd million, cut the divi and award directors lots of free shares!
Then after getting in a credible CEO who really does know about mining to make lots of slick presentations of good times coming (sometime)at yet another Egyptian conference announcing the things have changed, well not quite yet, but who knows a decade or two on!
Well if Cey PR or IR are looking in then watch this to see how many of us shafted share holders feel about your presentations https://www.youtube.com/watch?v=FVAX166QwrU
Also note -
The Competition and Consumer Protection Commission (CCPC) is warning consumers not to engage with the scheme, which appears to be particularly targeting students and younger people.
The watchdog said it has been contacted by consumers who have been invited to take part in what they suspect is a pyramid scheme, in which they were encouraged to make an initial investment of €150 and then recruit others to invest.
https://www.thejournal.ie/flower-leaf-pyramid-scheme-people-warned-5372239-Mar2021/
ttps://www.irishexaminer.com/news/courtandcrime/arid-40237643.html
In your example I trade (not constantly hold) Ferrari and lambo.
Some here only hold the crashed Ferrari yet constantly criticise the crashed lambo... why? Bizarre to me...
Exactly my point- I trade both cey and crypto so comment on both whereas some criticise crypto without ever owning or trading it, say it's high risk and constantly ignore the fact of how high risk Cey is
Halfpenny- your expected sell off today as per usual before Monday hols didn't happen- their markets rose. There is no such thing is as per usual in the markets world...
In this week’s Live from the Vault, Andrew Maguire offers a long-term outlook on the implementation of the BRICS currency basket, with the US dollar’s reserve currency status under threat.
Andrew Maguire precious metals expert speaks on the forthcoming unwinding of the derivatives market and forecasts a large-scale reevaluation of gold and silver.
02:42: The Clue’s in the Name - Credit
12:04: Unwinding of the Paper Markets
18:24: Phasing in the BRICS Currency Basket
24:00: Silver - the Fundamentally Undervalued Asset
26:51: Sanctions Backfire on Europe
31:00: What Drives the Gold Price?
38:20: Global Superpower Back With Gold
https://www.youtube.com/watch?v=_gJeTb7TqlA
The opinions expressed in this video of Andrew Maguire and any guest,