The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Just added some more CEY before Xmas. Fingers crossed.
Hi Mr Bond,
Must admit that due to my limited understanding of open my mining techniques I underestimated the consequences of the discovery of the crack in the open pit wall, after reading comments from other former mining professionals that he safety systems in place had worked as they should, then it would be a case of a statement from the new CEO about what action was being taken and the share price would remain around £1.60-£1.70 until the next quarters announcement that things were back to normal.
Even allowing for the past mishaps, missed targets and erratic performance of the previous management I certainly didn't envisage the announcement that open pit waste clearance had been neglected to such an extent that Sukari would need the extensive and costly strip back that is now in progress to restore Sukari production to cost effective and sustainable levels.
I am as surprised,disappointed, even appalled, not sure which is the right wording to describe my feeling about the BOD in Jersey claim to have been unaware of the build up of uncleared waste at Sukari, but then there were some analyst's from big brokerages that visited Sukari, shouldn't they have noticed the failure to clear waste?
So now we feel the pain and have to be patient yet again whilst most of those that caused the mess have taken their rewards
That said and from personal experience I know Martin Horgan is much more aware of and does take investors views seriously, I hope I'm not wrong , but I feel pretty confident that we have the right CEO now who is well aware of the past ,but sees the task in hand to turn Centamin around as the priority, lets hope it doesn't take too long and the recovery is as permanent as it can be in gold mining.
Happy Christmas to you and your family
Really like this board and the variety of views on it which makes it a great board.
So before I forget - All the best for 2022!
But can’t be bothered to look back at this year’s buys and sells from them to view yearly- although I would suspect a loss as hard to trade and make a profit on a share that has dropped ~35% YTD.
Black rock did well- quick look (and I mean quick) suggests they sold at around 97 and bought back in at around 87
They know the bottom is in. China New Year gold rally is now starting. Centamin rally is underway.
Buying some back.
Wondrous investing no less
Major European stocks traded mostly lower ahead of Friday's session, as countries across the bloc continued reporting the largest number of COVID-19 cases since the start of the pandemic. However, a somewhat positive sentiment was pushed by a study that claimed people infected with the Omicron variant could be up to 70% less likely to be hospitalized compared to those who contract the Delta strain.
While the DAX was closed ahead of the Christmas holidays, the FTSE 100 and the CAC 40 will be working for only half the trading session. The FTSE 100 declined by 0.14% at 7:25 am CET, while the CAC 40 stood flat at the same time.
The euro traded flat against the dollar to sell for 1.13292, while the pound lost 0.21% to $1.33929.
Baha Breaking the News (BBN) / ND
Happy Christmas y’al
Your PDF is dated September 2021.
Old news.
I listen to RNS s
Well Don answer your own Subject matter.
Suspicions and hypothosis do not wash it with me.
Evidence is needed.
Happy Christmas and Hoppy New Year.
Keep well.
Bristow's #1 consideration to address before making his move is item a)
Also, interesting that Centamin and Barrick share the same timeline for items a, c, d & e
a) Framework to negotiate exploitation terms between the Egyptian Mineral
Resources Authority (EMRA) and mining industry progressing
b) 4 Exploration licenses in Egypt - total area 2,902km2
c) Local infrastructure and team being established
d) Interpretation using remote data underway
e) Fieldwork to begin in Q1 2022
Barrick - advancing exploration in the Arabian-Nubian Shield…
https://s25.q4cdn.com/322814910/files/doc_presentations/2021/11/Barrick_Q3_2021_Results_Presentation.pdf
Dont know where Conway came from?
Cornwall of course.
You stay well Mr Tibbles and hopefully many more holidays in Conway.
Which I always loved,but much further South.
I suppose you would dispute my opinion of Buchanon, you may be right in that.
As for non execs, I consider them .as disposable , like any Poor Director.
But I am sure they will get the hint, eventually, and move on.
Now soon another fresh year.
Happy Christmas and MERRY NEW YEAR. ;-) to you and all.
Hi Mr Bond,
Agree in the main with your comments, although since his arrival some investors might be surprised just how much Martin Horgan is aware of and also gets discussed at a board level.
As far as Martin Horgan is concerned there is only one way to run Sukari, that's properly!
I would say more but it would be inappropriate on a public message board.
Keep well Mr Bond!
Tibbs
Hi Auson fair enough information, why are you directing this to me.
RazorsEdge,
Around 40 % of the world are not fully vaccinated ? According to CDC 38.4% of Americans not fully vaccinated.
When I consider the sports ground tweet it’s easy to envisage Martin Horgan giving a tour of Sukria and saying, none of this was here whenever I arrived.
Fingers crossed our hopes are realised.
IR or Buchanon, if the latter it will likely go no further.
At this moment in time I think the CEO is making good progress.
The mess he inherited is being dealt with.
Along with future planning, which I suspect most have no clue.
More Prospecting staff being sought. Logistics suitable for a small town , accomodation complex , sports facilties .
All indicative of rapid expansion.
Confidence in the future not only in Sukari as a hub but CEY in ,especially Egytpt , dont you think ?
But of course many may think me wrong.
Thank you for all the input from fellow share holders on NED's & BOD .
So any thoughts on where we go from here ?
It is it worth us all composing a group letter and letter and sending it ti I.R. for the attention of the new CEO, Chairman & BOD querying the worth, suitability , professional competence or even commitment of the present NED's ?
Also how many of the BOD or NED's have ever visited Sukari and when and what were their observations and conclusion's, presumably there should be some written reports?
Hi Tornado,
Thank you for the hope of better times ahead for share holders!
By Denise Grady
Aug. 5, 2019
Safety concerns at a prominent military germ lab have led the government to shut down research involving dangerous microbes like the Ebola virus.
“Research is currently on hold,” the United States Army Medical Research Institute of Infectious Diseases, in Fort Detrick, Md., said in a statement on Friday. The shutdown is likely to last months, Caree Vander Linden, a spokeswoman, said in an interview.
Fort Detrick, in Maryland, has been the epicentre of the US Army’s bioweapons research since the beginning of the Cold War.
https://www.nytimes.com/2019/08/05/health/germs-fort-detrick-biohazard.html
But last month the Centers for Disease Control and Prevention (CDC) – the government’s public health body – stripped the base of its license to handle highly restricted “select agents”, which includes Ebola, smallpox and anthrax.
The unusual move follows an inspection by the CDC at Fort Detrick which found several problems with new procedures used to decontaminate waste water.
https://www.independent.co.uk/news/world/americas/virus-biological-us-army-weapons-fort-
According to its website, USAMRIID has been the US Department of Defense’s lead laboratory for medical biological defense research since 1969. The News-Post reports that the facility has both level 3 and level 4 biosafety labs and has worked on pathogens such as Ebola, Yersinia pestis (plague), and Francisella tularensis (tularemia). Those pathogens are among those considered “select agents and toxins” by the Department of Health and Human Services, which only allows authorized labs to work on them.
detrick-leak-ebola-anthrax-smallpox-ricin-a9042641.html
According to its website, USAMRIID has been the US Department of Defense’s lead laboratory for medical biological defense research since 1969. The News-Post reports that the facility has both level 3 and level 4 biosafety labs and has worked on pathogens such as Ebola, Yersinia pestis (plague), and Francisella tularensis (tularemia). Those pathogens are among those considered “select agents and toxins” by the Department of Health and Human Services, which only allows authorized labs to work on them.
https://www.the-scientist.com/news-opinion/cdc-shuts-down-army-labs-disease-research-66235
The Gold rising support line from 10 June 2019 which is very strong has now reached $1760 per ounce. Gold is on the verge of breaching a significant area of resistance in the chart.
We are going back up. Currently have confirmation that a bottom formation has completed on Centamin in the chart.
As for virus and micro biological weapos resarch in theUS.
Check out Fort Dietrich sudden closeure, whe the virus was found in the US.
If indeed it did close.
All very strange and Top Secret,,ssssh.
It seems the Japs are not happy with the lack of Covid containment at Okinawa Marine Corp base.
On the news this morning,sorry no link.
They are their staunch allies,but I doubt the US will listen.
Which is normal for them.