Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
In the next week the ban of Russia gold will be sanctioned, will this have any effect of paper gold, we will have to see. Pm prices are controlled by the west as one of these reasons is Russia and China . Gold and silver miners have performed terrible since 2020 as the spot price has declined since then and the costs have inflated, they are in desperate need for a change in direction as recession happening is unknown as yet.
Me too Razor's , so I know how you feel, makes me wonder just how much Jim knows about mining ?
Agreed Mr Gnome,
In 2018 after he RNS announcing a guidance cut due to hitting unexpected low grades and Oh yes there wasn't any contingency plan in place should the one and only LHDR self destruct which it did meaning that the underground production couldn't help offset the open pit drop in guidance I questioned Andrew Pardey on both issues.
I asked Andrew Pardey how could it be claimed that the low grades were unexpected when in fact Kees Dekker had written an article in 2016 warning investors about the likelihood of hitting low grades in the next two years and that the management Pardey and Co were glossing over the true state of the open pit in 2016 continued to do so until events in 2018 once again exposed the true state of the open pit 2016 .
Pardey on the telephone conference call claimed he was unaware of the Kees Dekker report and although I knew he was lying because I had seen proof that he had tried to get the Kees Dekker article pulled I said I would send him a copy for his comments, I sent the report the following day and heard nothing from Pardey, but that said the BOD at that time would have heard the conference call and so been aware, but as we are now painfully all too aware they allowed the bad mining practice and lying to continue!
So certainly any Bankan investor beware , in fact my advice would be don't touch it with even a very long barge pole based on Pardey's past record!
Jim Rutherford purchased a substantial amount of shares after Centamin’s fell for the first time from memory I think the price was around 1.45
I took the purchase as reassurance that everything was good so I followed him with a similar amount of cash only to have my ass handed to me on the second drop.
At least I know I’m not the only one suffering but I expect the amount is of more significance to me than the chairman.
The BOD of CEY should have "retired" Pardey a long time before the damage was done. Be very interesting to review how he was chosen int he first place ... key position criteria, skills experience needed etc,
Relevant committee?
NOMINATION COMMITTEE MANDATE
The committee is responsible for reviewing the Board’s succession plans and helps to fill vacancies among the senior management team by looking at the necessary and desirable competencies, skills, knowledge and experience of Directors. It helps the Board by making recommendations on the appointments of committees and as to the structure, size and composition of the Board and its committees. It makes recommendations to the Board for the appointment and re-election of Directors and considers the requirements for Board diversity (including gender and ethnic diversity).
https://www.centamin.com/media/2522/cey-nomination-committee-charter-feb2022.pdf
CURRENT MEMBERS:
Jim Rutherford (Chair)
Dr Sally Eyre
Mark Bankes
An econmist, lawyer and a Geo...
Pardey will be interesting to follow in this debacle. Guinea has a lot of twsists and turns. I cashed in before his honour joined
best to investors
the gnome
I wonder is Pardey going to arrange to clear away the waste at the "Bankan mine" or just allow it to build up over the years until the pit walls crack?
Tier one mine indeed how many years was Pardey bumming his load at Sukari with the side kick former policeman claiming it was a tier one mine!
There will most likely be tears for investors in the future but I doubt there will be any tier one mines!
"Bankan has the potential to become a Tier One mine which can remain in production for between 15 & 20 years," says Andrew Pardey, current managing director of Predictive Discovery & former CEO of Egyptian gold mine operator Centamin
https://twitter.com/TheAfricaReport/status/1539963990863798272
---------------------------->>>
Brilliant that a guy like Pardey can get canned for mismanagement and still use his former employment credentials as a badge of honor