The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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“Wealth is used to buy influence”
The Code of Conduct for MPs and Guide to the Rules should be updated to state that MPs should register accepted gifts and hospitality. ... MPs should never accept any payment or offers of employment to act as political or Parliamentary consultants or advisers.
I wonder if Boris & his crew were sent shortbread by the LBMA to persuade them to get the Basel 3 rules changed!
Can't help but suspect that some rather more expensive persuaders get sent to Boris and other ministers by professional lobbyist companies!
Labour MP surprised at the number unsolicited gifts she receives from professional lobbyists
https://www.coventrytelegraph.net/news/coventry-news/four-things-coventry-mp-been-17826347
obligations as an MP
As an MP, you must follow the rules relating to donations and
loans that you receive in connection with your political
activities.
As an overview, you must:
? check that donations you receive with a value of more than
£500 are from permissible sources
? check that loans you are offered with a value of more than
£500 are from permissible sources before you enter into
them
? familiarise yourself with the relevant registration thresholds
in the Guide to the Rules
? report the details of relevant donations and loans to the
Parliamentary Commissioner for Standards within 28 days
of accepting them, including those from the same source in
the same calendar year that add up to more than the
relevant thresholds
? return any impermissible donations that you receive within
30 days of receipt and report the details to the Electoral
Commission within 30 days of returning the donation
? pay back any impermissible loans immediately and report
the details to the Electoral Commission within 30 days of
ending the loan
? notify the Electoral Commission if you find you have
retained an impermissible donation or loan more than 30
days after receipt.
https://publications.parliament.uk/pa/cm201516/cmcode/1076/107604.htm
Sorry terrible typo's below it posted before I intended, still I think most will understand the Prof Stanley Unwin gibberish!
https://www.youtube.com/watch?v=ZVpJzGeM2p4
True if you don't believe in Horgan- not true if you do believe in Horgan.
Cowichen , the only problem is that it does not mean he is any good. Job for firiends who you can trust and gain their power from the relationship can negative for a business
You all might remember I posted a note about Centamin 'bleeding talent' when I noticed we lost an exploration manager named Pierrick Couderc in March 2021 to Tanga Resources (run by Centamin's former CEO !)
Turns out Centamin's former CEO isn't the only boss who prefers to work with personnel they've employed in the past... Mr Horgan has also hired his old comrade from his days at Toro
Meet our new Cote D'Ivoire Exploration Manager --->>
Abraham Tesfu
Company Name: Centamin PLC Full-time
Dates Employed: April 2021 – Present
Location: Côte d’Ivoire
-------------------------------------->>>
Previous experience:
Toro Gold Limited
Total Duration 7 yrs 9 mos
Title: Exploration Manager
Full-time
Dates Employed: Mar 2015 – Aug 2019
Location: Côte d'Ivoire
Dates Employed: Dec 2011 – Mar 2015
Employment Duration3 yrs 4 mos
Location: Senegal
https://www.linkedin.com/in/abraham-tesfu-11b648b1/?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAABfEEqcBhy1HW9oV6-UM803wprt8kK-Yaco
--------------------->>>
So it would seem the old adage - It's not what you know but who you know - still rings true
That's not to say this fella isn't qualified for the job - trust is an important factor between executives and management - so it's obvious Mr Horgan trusts this guy
Yes I am afraid the Conservative Government under Boris, will bend over backward to help their ,poor, suffering ,mates.
And 3 more years of it.
But Boris will argue it will attract more business to the City.
LONDON, July 9 (Reuters) - A British regulator said on Friday that banks clearing gold trades in London could apply for an exemption from tighter capital rules due in January 2022, removing what some said was a threat to the functioning of the market.
Following a consultation, the Bank of England's Prudential Regulatory Authority (PRA) said on Friday it had "decided to amend its approach to precious metal holdings related to deposit-taking and clearing activities."
It said it had introduced an "interdependent precious metals permission" which would reduce the size of the required capital buffer.
https://www.kitco.com/news/2021-07-09/Britain-carves-out-exemption-for-gold-clearing-banks-from-Basel-III-rule.html
Oops.
Have you got the decimal point in the right place 0.59% short is 6.8m shares
Need to find 68.2M shares to close out.
Do any of you more experienced investors think that they might be selling this down to try and fix a close near their 100p entry?
Does seem that the SP is moving contrary neither to any significant movement in POG or sentiment regarding CEY's performance or the broader gold mining sector in general.
MrTibbles is rolling his own today!!
It's that Friday feeling HAHAHA!'*?!
MrTibbles re CHRIS5
Lol
Nm
So then according to the Fed things might get worse, or they might get better, or they might stay the same, or they might do a severe of slight wobble about before tapering off into steep divergence of corresponding and opposing movements in the same and opposite direction before entering a steep pull back or possible upsurge into a steep curve of a healthy pull back due the the market getting ahead of itself and not realising it was oversold into the down turn in the short term over the longer term causing severe confusion in the positioning of the candle sticks over the Monday morning moving average of the queue in Starbucks!
So what to do ,sell 50 trillion paper futures and turn on the dollar printing press for a bit longer in the short term over the longer term and see what happens!
Who predicted that Chri55?
You wouldn't be smoking a "Spliff" by any chance ?
Now let me see, was that a pink elephant flying over there?
Oh no!, now I have put my foot in some rocking horse poo!
Now what shall we do, consult the charts, the 10 year moving average or the tea leaves, possibly British Bulls?
Hi GJ,
No doubt Siko will post as soon as he is able to get some reliable information.
However it won't be easy for him as the need for confidentially on the details of these negotiations is being taken very seriously by all parties involved!
Unofficial or premature release of any news, especially if it weren't entirely accurate could invalidate any agreement reached and the negotiations would have to start all over again.
Patience, no news could be very good news !
FED REPORT: UPSIDE RISKS TO THE INFLATION OUTLOOK IN THE NEAR TERM HAVE INCREASED
Once more unto the breach :)
Thanks for Update
Sorry typo below should read
Talks are still ongoing on this and other issues.
Things also progressing very well at Sukari !
Hi Gj,
From a conversation I had with a well informed source this week I understand talks are still ongoing on this and another of other issues.
Things also progressing very well at Sukari !
So it seems there will be a very busy run in to the Q2 numbers and then the interim results with some progress updates on Sukari and other issues in early August!
No need to be concerned about the SP pull back today, it's quite normal on a Friday, but certainly not justified as far as Centamin is concerned, as will become apparent, especially if things work out as well as intended!
The Spivs at Worldquaint will be getting their ar(se's burned unless they unload some of their shorts!
HI Any update with the new Egypt Mine License
Doesn't seem that much
Yep for the rise in POG and increasing inflation etc, I'm surprised CEY isn't higher. Current SP is indicative of a much lower POG
Significantly priced in a drop in the gold price.
The question really should be about the 2.3million share trade yesterday that was put through at 13.33, marked as a sell price 104.75. Interesting the MM's marked us down from 106 to 104 on the opening whilst the gold price was actually up on the previous 106 close. The UT could have been the MM's hoovering up shares at below 104.75 if the 2.3million was indeed a buy order placed in the am. Possibly World Quant closing some more ?