The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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The only other way the US Banks Gold shorfall could be met is by releasing Physical Gold from Government Vaults, thus driving down the assumed security of the $ as a trading currency ,but does not help reduce US debt mountain.
If only half the damage Andrew has mentioned comes to pass ,those Too Big To Fail, Banks could start to default.
Mr T and Rebess , is Kinesis , failsafe , like whose Bank do they use for investment and payment, when there is a need to transfer funds.
Might seem an idiot question ,but I may decide soon the need to use them.
Either way if Gold does jump 100 % Centamin s profits will do the same, excellent for shareholders, as long as your Broker does not fail.
It seems that at long last and hopefully in the nick of time Martin Horgan has brought about a much needed sense of urgency and purpose in the Centamin forward strategy!
If Andrew Pardey had been more professionally capable, or had any sense of personal integrity instead of trying to discredit the now clearly justifiable concerns and criticisms of analysts like Kees Dekker and some of the share holders from forums like this Centamin would be in a very different place today!
It beggars belief that such deceitful behaviour,lying,professionalism incompetence and/or ineptness on the part of Andrew Pardey and the obvious laziness and unsuitability for post of the previous Sukari general manager was tolerated for so long!
We should not underestimate the tremendous efforts put in by Cowichan and other share holders behind the scenes over several years in helping to expose what was going wrong and bring about change for the better!
Tibbs
Russian Sanction Blowbacks Will Drive a Physical Gold Revaluation
In this week’s Live from the Vault, Andrew Maguire analyses the blowback effect of freezing Russian assets on the precious metals market and the connection to a significant gold uptake we’re currently witnessing.
As the physical gold demand is getting off the scale, the London whistleblower investigates the Central Bank’s race to repatriate gold reserves.
https://kinesis.money/live-from-the-vault/
Good points Cowichan,
The senior managements previous policies of lethargy & complacency have no place in Martin Horgan's forward strategy !
“Whose a silly-billy then?”
Hi Halfpenny,
You post is further confirmation of what acquaintances in the wholesale market have been stating for some time, there is a market that exists in the shadows which even officially licenced wholesale traders are excluded from, although its possible with the right know-how / contacts to witness to some extent what is going on, although even then its still not possible to tell for certain,only try to hazard a guess when or which way the lever's will be pushed!
Goldman's and other member's of the Cartel strategy has been to play the POG up/down whist acquiring huge amounts at their right price via the backroom under the radar (closed wholesale trading)out of sight of the mainstream punters like us and encourage the mainstream market to sell or buy when it suits them!
This has been going on for some years although recent world events have necessitated a ratcheting up te pace of the process to suit the strategy of central banks and other key players!
It would be nice if these predictions were certain, but the likes of us can only hope!
One thing Mr Horgan pointed out during the investor meet was that the Doropo project can be expedited by completing the Definitive Feasibility Study (DFS) concurrently with things like engineering work and advance procurement - this is the first time I've heard him entertain a ratcheting up of the timeline - although he did make it clear no corners were going to be cut for the sake of shaving 6 or 12 months off a 'first-pour' date
Cote D'Ivoire Gold Mining Stats
- 2021 gold production 41.85 tonnes (up 10% year-on-year)
- gold mining currently 3% of GDP
- on track to increase to 6% of GDP by 2025 ( 65 tonnes )
https://www.linkedin.com/posts/mineinsiders_c%C3%B4te-divoire-le-gouvernement-mise-sur-activity-6913558080911753216-zvWr?
https://www.proactiveinvestors.co.uk/companies/amp/news/977553
https://www.bullionvault.com/gold-news/gold-prices-032520222
"You stupid boy."
Nice one MrT.
That sums up the thinking perfectly.
No interest in the share .just in and out quickly, with a few extral Quid ,if lucky ,but never mention losses,Which they often get.
Just a few days to go until that particular problem is solved:
I read a translated report on Google Finance, 19/3/22, that confirmed the retirement of "Centamin's Cairo Office head" Youssef El Raghy and the appointment of Air Hassouna starting from April.
Have a very good weekend.
just as well that useless "Youssef" is'nt speaking who knows what rubbish he would have come out with!
Is that it then Mr Bond & Halfpenny?
https://www.youtube.com/watch?v=V7NlFWh7Sz8
We have reached a point now for cey going forward where there will be more good news than bad news and I for one can live with a decreased dividend (minimum of 5c for 2022) if it equates to an increasing sp.
Another high UT 91.20p with volume
16:35:22 91.20 1,321,764 £1m UT
We can only hope that some news will spark interest here or that the predicted dividend drop is not as bad as we all think it will be.
Meet the industry leaders re-shaping the Future of #Mining in Egypt.
Presenting our amazing speaker line-up for the 3rd Egypt International Mining Show 2022 - going live in 3 days !
Promo slide here:
https://www.linkedin.com/posts/egypt-international-mining-show_mining-eims2022-miningexpo-activity-6913050679234183168-Ec-U?
Our newish country manager Amr Hassouna will also present.
Exactly so halfpenny . After that synopsis what else can we do ?
Thanks for your insight wildtiger I'll be selling all my holding here this afternoon on the basis of your scribe.
BRWM is near all-time high and this junk is still siting at 5 year low. Can't imagine where this will be when the whole mining sector starts to correct. 50-60s is highly possible I think
Lol next week
So oversold and the divi income this should be around £1 again shortly. A great share to trade, average down and collect income.
That said a spike to 110/120p and I am out again :)
I wish it had’ve been me but alas I heard it on Instagram.
Caught me as well hence the post.
It’s a cultural defect for sure.