Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Fair comments Cowichan!
The crypto trading hamster that outperformed the S&P 500 has died, and it happpened before he was paid his due commisions.
The crypto community is in mourning after the untimely death of Mr Goxx, the crypto trading hamster that outperformed the S&P 500 since he began in June.
“Mr Goxx has brought joy to people all across the globe and reminded us not to take life too seriously,” Mr Goxx’s anonymous caretaker said in a tweet on Wednesday. The caretaker said Mr Goxx showed no signs of serious illness, and fell asleep peacefully on Monday morning.
The office of Mr Goxx, has gone into deep mourning.
Mr Goxx captured the internet’s imagination this year as he placed trade after trade for various cryptocurrencies in his hamster trading office, which consisted of a wheel of intention, buy and sell decision tunnels, and various sensors and cameras.
Since he began trading on June 12, Mr Goxx posted a career performance of 19.7 per cent, nearly double the S&P 500’s return of 10.9 per cent over the same time period.
The hamster’s last trade was selling 3229.4 tron tokens on November 20, which proved timely given the cryptocurrency plunged nearly 10 per cent this week after eToro said it would delist TRX from its platform for US investors.
The top three holdings of Mr Goxx’s portfolio were stellar, ether, and chiliz, according to the hamster’s last livestream video.
The success of Mr Goxx allowed his caretaker to raise more than $US12,000 ($16,678) from the sale of Goxx Capital-themed NFTs. The proceeds funded a larger trading portfolio for the hamster, as well as the construction of a bigger and better trading rig, according to an interview last month with Insider.
For now, the idea of continuing the crypto trading project with a new pet is of no relevance to the caretaker as they mourn the loss of Mr Goxx.
“Thank you and rest in peace, Max (a.k.a. Mr. Goxx). You will be missed, and your memory will live forever on the blockchain,” the caretaker said.
Rest easy Mr Goxx.
A relative of Mr Goxx has however said he may take up trading gold, as there seems to be more opportunity for "fun and games"
the greatly saddened Gnome
Hi Spoonington,
In regards to treating our CEO different - it must be so. Mining is such a long lead-time adventure it wouldn't suit blaming any of our current situation on Mr Horgan. In fact, it is due to Mr Horgan that we are turning the page on past failures. Sure, we'd like to see instant ounces added and a new mine in West Africa but we'll need some patience.
Now the board of directors is a FAR different story. They were the ones to approve each and every short, medium and long term growth strategy and they are the ones to blame for not advancing one over another.
In my last post I could have gone back further and outlined more broken commitments but suffice it to say I'm doing everything I can think of to encourage a board refresh - or at the very least a new standard of accountability. Barring long term holders going back and digging up these failures who among Centamin's management will point out anything but accomplishments? Nobody.
Lastly, each of Centamin's board members were given the task of mitigating key risks to the business from their first day on the job - single country risk being chief among them.
They've been gifted a decade of exceptionally good cash generating operations at Sukari to find those solutions - so there is no excuse they haven't found one yet.
PS
I don't believe it's fair to Mr Horgan that he should be made to fabricate excuses for the board's legacy of poor performance regarding project generation and execution (especially Batie West)
The board should issue their own statement as to the failings of the past - perhaps with the Dec 8th reboot.
Yes mistakes like that do not inspire confidence.
I think Buchanon are a lazy bunch who don't care too much,or incompetent.
They are there to take pressure off the CEO ,at least supposed to.
He has to make sure he is fully focussed on progress, with I hope daily reports from Sukari.
Not to answer simple queries, that Buchanon should be able to answer.
Yep- it’s worse than talking to politicians! Why didn’t they simply say “the update will be no longer published on 1st Dec as communicated, but now communicated as a presentation on 8th Dec” - it’s really what simple instead of wasting everyone’s time speculating.
The response to Mr T was a joke- and didn’t answe the question
Steve I understand your annoiance, about time Buchanon strted earning their fee.
They are in charge of investor comunications and announcements or supposed to be.
I just hope Hogan and the BOD deliver some morecofidence to us all ,moralle is low.
I’ll email them a lot of expletives if I read any commentary in the press on 1st December that centamin fail to deliver promised update and the SP drops…
Hi Razor's, I understand they have all been informed of the date change so they should be aware.
Thank you Mrtibbles, it’s interesting that various media sources are still carrying Dec 1st the next update date.
Please also bear in mind that we are now in a closed period as far as releasing what might be regarded as market sensitive information prior to 08th Dec 2021
Ok thanks- guess that’s all we’ll get
Razor- not playing today but just got to the driving range and saw gold has gone up a bit lol!
Checked with Centamin this morning
As per the announcement made on 16 November, the next scheduled news flow from the Company will be the Sukari Life of Mine Plan on the 8th December.
Hahaha
Steve every time you play some golf the share price goes up..
Tee time!
Sor, had it edited
Yes lol!!!!
Specialist- my 10year niece could communicate better!
As usual the comms specialists for CEY missing in translation...sigh
I was under the impression that the 1st December was clarifying the financial results of Centamin and the 8th December was a presentation on Sukari mine was 8th December. Two different reports. Unless things have changed (or I totally read it wrong !)
Capital have stayed ahead of schedule at sukari
Hopefully the slight change is for dramatic effect and the 8th will be a big "TA ---DA" unveiling.
Something else came to mind yesterday, and I may have this wrong. Its about clearing away that big pile of dirt. Im assuming that you start at the top and work down? So as you start to get lower down in the pile , then the rate of clearing should speed up? I suppose that might depend on the amout of plant available to shift it?
Yep that was a said a whole back- no one has managed to get any clarification despite efforts … it’s like politician answer for zero reason. They need to say the report originally planned to be published on 1st Dec will now be presented on 8th and nothing will come out on 1st December as previously communicated
Seems they have changed tack from report publication, to presentation.
The mind wonders!
So frustrating- why don’t they just say there is no info coming out on 1st December -
Poor comms in my view
C&p of email exchange:
Dear Sir/Madam
Please can you tell me is the life of mine report now due on the 1st or the 8th of December?
Thank you for your kind help.
Regards Xxxxxx
————-
Dear Xxxxxx,
The Sukari life of mine presentation will be hosted on Wednesday 8 December. Please find attached the details of the event.
We hope you can join us.
Best, Xxxx
Centamin displayed a notification on their calendar of upcoming events that they would release the “life of mine” report on December 1st then about ten days after REMOVED the note and replaced it with a note stating on December 8th they would hold a conference call to discuss the report.
Later they circulated an email which didn’t exactly clarify the date issue.
I could be wrong but it is my belief, even though other media sources are still dating December 1st that the release date for the report and the cc are one and the same, Dec 8th