Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Getting sick of you, more like .
Sadly I agree Tibbs.
FTI Consulting was chosen because Mr Horgan can count on his old FTI friend Ben Brewerton to spin the narrative in whichever way suits the moment. Mr Horgan sold Resolute Mining a falsely trumped up mine (Toro) that quickly deteriorated into a money pit. Mr Brewerton sold the faulty deal as he's paid to do so.
From FTI bio page on Mr Brewerton:
"Ben joined FTI Consulting in 2006 and has spent over 25 years as a strategic communications advisor. Since 2004, he has focused on the energy and natural resources sector, where he has extensive initial public offering (IPO) and merger and acquisition experience.
Ben's current clients include Seplat Petroleum, Topaz Marine, Quadrise Fuels, Toro Gold, ACWA Power and Simec Atlantis Energy..."
continues here: https://www.fticonsulting.com/experts/ben-brewerton
PS
MrBond , please save your derogatory comment - yes, Jesus loves you - but even he's getting tired
Centamins senior managenment team Alexandra, just so it is clear.
A profesional .
Spot gold declined 1.25% to $1,953.13 per ounce at 2:29 pm ET after the latest jobs report from the United States showed an increase in nonfarm employment of 339,000. However, the unemployment rate increased by 0.3 percentage points to 3.7%.
US Treasury yields increased seemingly rose as a result of the latest figures, affecting the appeal of precious metals that bear no interest.
Silver fell 0.99% to land at $23.65 per ounce at 2:32 pm ET. Platinum lost 0.31% to $1,006.02 per ounce at 2:33 pm ET. Meanwhile, palladium advanced 1.63% to $1,403.52 per ounce concurrently.
Baha Breaking News (BBN) / MS
head of corperate and investor relations alexander barter c****.
I am very suspicious of the rationale for changing to this company and convinced that it is a case of the "Old pals act" and certainly not to improve comminations or accountability with shareholders, quite the contrary!
I realise that there has been some criticism of Buchanan in the past, but to be fair they were working to their clients company remit and did have a much better understanding of how things work in Eygpt and indeed mining.
fti will certainly be more expensive and I fear will provide little if anything that will benefit shareholders , a bad move which does note bode well for us shareholders best interests!
I hope I am proven wrong but I have a horrible feeling that this is all part of a company strategy to deny retail shareholders access to the true facts!
Chris Patten was wheeled out on Question Time last night and displayed all the lucidity to be expected from a 79 year-old Europhile. At the start of a diatribe on, you guessed it, Brexit, the Chancellor of Oxford University came up with some dubious claims. He first had this to say about Britain’s GDP per Capita:
“Our GDP per capita now… is lower for heaven’s sake than Lithuania”.
It sounds questionable… because it’s not true.
According to the IMF’s 2023 forecast, Britain’s GDP per Capita (at purchasing power parity) is $56,471, Lithuania’s sat on $49,266. Britain’s nominal GDP was forecast at $46,371; and Lithuania’s was $28,094. A mere 40% lower…
Chris’s confusion didn’t end there, as he then took a leaf out of the Keir Starmer playbook to talk down Britain’s prosperity relative to Poland:
“The poorest 20% in Britain are poorer than the poorest 20% in Poland”.
Guido isn’t quite sure where Chris found this figure, although data from theFinancial Times, extending to 2021, showed this couldn’t be further from the truth. British households are better off than their Polish counterparts across every percentile.
“The truth is we’re in one hell of a mess. Our GDP per capita now is less than not only France, Germany, the Netherlands, it’s lower than Ireland.
“It’s lower for heaven’s sake than Lithuania. The poorest 20% in Britain are poorer than the poorest 20% in Poland. That is not the sign of a country which has things going for it.”
Lord Patten
Larry Summers, the former US treasury secretary said Britain is in a much worse position than others!
https://uk.yahoo.com/news/ex-tory-minister-chris-patten-034517773.html
$3 Billion In Gold Delivered Off COMEX
https://www.youtube.com/watch?v=0wEC7vWhA38
I'm out and waiting... been trading it as normal earlier in the week but not easy with the small movements. Need my predicted accelerated inflation drop and ensuing FED reaction; and/or news on CEY via RNS- for me next data drop 13th June... data today not great, and a bit confusing to say the least.
Enjoy the sun and have a good weekend all.
Angelis
I am 95% off Centamin and have been since 109p area. The 4 hourly chart has the top at 101.1p. I agree with Citi view that the FED have got to hike rates as additional data is suggesting an uptick in the economy despite less borrowing. As for the bottom of the chart I was wrong it is 98.6p on the daily. So I stand corrected on that one.
Theres always an excuse to sell comex paper and thus falsely lower the physical market.
Asian countries will jump at the opportunty ,to buy in the dip.
Low estimates for Chinese physical holdings were mentioned by Andrew Macguire on episode 125,
Get ready for it ,60 tonnes minimum.
They really mean business in a fiancial war.
And not started selling US dollars and US GOV stocks.
US made a huge mistake weaponising the $, The hedmon starting to be ignored.
Have an enjoyable weekend all.
I think the markets are relieved by the debt ceiling decision, short term, its still a sideways market.
Its not on 98.6 on the hourly, its at 100. You gauging things on the hourly chart tells me you are a day trader looking for cheap entry levels.
Not as simple as that that- wages not up, unemployment up, hence marke5s responding positively-
Bottom of the daily down channel on 1 hr chart now at 98.6p. NFP data along with other positive surprises implies the need for USA FED to hike rates in June. If they don't they undermine their own policy arrangement of responding to the data. A sudden change would undermine confidence in the FED further than it already is. The FED has put itself in a corner. Centamin more likely to retreat especially if gold stock ETFs head downwards.
The underreported decision of the People’s Bank of China to start preparing its 1.4 billion citizens for opting out of the dollar and into gold, explaining how this will impact the gold’s supply, demand and price.
https://www.youtube.com/watch?v=Y3ShvsPcgFs&t=15s
Yes well worth warching.
Episode 125.
I like this guy..
https://www.youtube.com/watch?v=NI5KvAuNBbU&t=1162s
Hi Cowichan,
This outfit won't offer a better service to us shareholders, in fact its more likely about putting more distance between the company and awkward questions in my opinion!
fti are a pretty slick company that are adept in making more of less seem better, look at some of their clients!
Major stock exchanges in Europe ticked higher in the premarket on Friday as the United States Senate put an end to the debt ceiling drama, passing the bill, which now only awaits US President Joe Biden's signature. Meanwhile, investors also digested the latest inflation digits coming from the Eurozone.
The DAX added 0.55% at 7:40 am CET, while the CAC 40 increased 0.48% and the FTSE 100 gained 0.39% at the same time. The Euro Stoxx 50 rose 0.56% simultaneously.
The euro and the pound both stood flat against the dollar at 7:42 am CET, selling for 1.07692. The pound grew 0.10% against the greenback and went for 1.25363 concurrently.
Baha Breaking News (BBN) / AY
Happy Friday y’al.
Enjoy your weekend!
I am sure your mother said the same to you.
;.)
Jesus loves you Mr Bond - that's all you need
Why are you bothered .
Not even investested in this company .
You post rubbish ,which 3 posters you have converted to that twisted Goerbels propaganda.