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I asked my son to have a look at Don Lawson an asked his view, without prejudice.
He came with back "Jeeze, how is this bloke claiming to be some sort of expert or influencer? There's barely any comments on his posts or likes or followers- this bloke really needs to sort out his presence...."
Did make me laugh...
Mr Bond- yep, he's not invested- just likes to spend his time endless filling up forums with lies and pointless info than have zero impact on anything- you have to feel pity for him, it's all very sad.
Yawm, yawn and yawn Cowchain... and yawn again :-).
I really am not interested in reading more pointless posts from the attention seeking narcissistic wally that is Cowchain- but of course, will read the title :-), so when I know it's from you it's a complete pointless read.
Don Lawson? What's your other name- Micky Mouse :-).
I certainly do not insult anyone,unlike you.
Then think you can talk yourself through it.
You are the aggressive one.
Why ? ii dont know especially as you say you are not even invested ,nor likley to be.
That is more than strange,dont you think ,not that I am remotely interested.
Tornadotony
"Centamin is now value at the top end of fire price range for all the plant* and assets* and permits that it owns"
Does Centamin own these items*? Doesn't it transfer ownership to the EMRA once the capex deductions have been made/recouped? Centamin retains the right to utilize them (by concession law), obviously - but not an asset available for sale or calculated as such
Sotolo , Tibbs & others for seeking a peaceful resolution to the conflict I seem to attract.
Dear SteveJones & MrBond,
This 'narcissistic, attention seeking idiot-' has recently been working for Centamin shareholders (like you, apparently) getting answers from the EMRA, the Egyptian media, the FCA & in particular Centamin's 2022 Annual Report auditor Mr Jonathan Lambert of PricewaterhouseCoopers - you can also contact him here:
https://www.linkedin.com/in/jonathan-lambert-12046a4/
I am seeking to find out just how much the Central Bank of Egypt owes Centamin for past gold sales & how long back they started skipping payments. And how much is owing for the current year 2023 as the CBE has materially ramped up gold purchases in the last 8 months.
I submitted a formal complaint on PwC's whistleblower service here : https://secure.ethicspoint.eu/domain/media/en/gui/105406/follow.html
and am awaiting further correspondence back. The problem I see is that Mr Lambert of PwC has a professional duty to identify & formally point out key risks and ongoing matters to Centamin's operations (see page 152 of the 2022 Annual Report) and the CBE in arrears for gold supplied to the tune of $50 -$100 million US is a doozy. Why was it not flagged? Why hasn't Centamin's BOD & CEO spoke of it?
And SteveO - MrBond ,
Did you forget this anonymous 'bot' has a LinkedIn profile (which a bot cannot achieve) and posts about Centamin - getting real world responses from Centamin employees and mining industry professionals ? BTW you too (two!) can respond in any manner - polite or irate (if you have courage enough to insult without anonymity) I'll be awaiting your valuable input in the real world below
https://www.linkedin.com/posts/don-lawson-98619370_egypts-gold-reserves-rise-by-24-percent-activity-7097677235167363072-dSXM
https://www.linkedin.com/posts/don-lawson-98619370_centamin-activity-7095098820740452353-k3jf
https://www.linkedin.com/posts/don-lawson-98619370_hey-centamin-plc-martin-horgan-according-activity-7094755610981777408-XqDL
Steve, I agree and have often stated that anyone can be whomever they want to be on an internet forum, true I could be a "Bot" but then so could anyone of us on here.
I wasn't attacking you, but making you aware that for whatever reasons and unfortunately you had formed the wrong impression of certain members on here, all too easy on internet forums !
Passive aggression, no don't think so.
Last not less
Now trading at 0.91 of book value less achieved in October 2022.
10p of the share price is cash in the bank.
1/3 of the value has been removed from the price peak of say 125p when gold was at 2080. $190 per ounce gold sold is off.
Company has over 11 months ensured 20% of all production is hedged at $1900. Without the hedge they have Centamin valued at -10p for a gold price at $1510 per ounce despite 20 year Sukari mine life profiled at $1450 as economic to mine. Moving from -10p to zero would be at $1570 gold price and the company was only worth its value in cash. Gold always has a value in the ground and let us assumed it is all mothballed and only a skeleton crew and a much reduced board remain.
8 million reserve ounce in Africa still has a fire sale value lets say $60 an ounce. This equates to around 42p a share. At the rate of decrease the gold price at Centamin on fire sale reserve price is achieved at $1760 gold price. So the rate of descent in value has Centamin at the lowest possible on fire sale at just another $130 drop on gold. The realistic lowest value with a working mine is of course $120 per ounce of which is the current price of 83p-84p. Centamin is now value at the top end of fire price range for all the plant and assets and permits that it owns. The occasions when the 5 hourly RSI is at 25 is rare. Centamin RSI hit 18 earlier. The weekly indicator is just above 30.
No problem Sotolo- although my posts weren't tangential- they are and were directly relevant to CEY share price movement.
Steve, I think you may have accidentally misread my post, I didn't say when your post have nothing to with Centamin but when they have anything to do with Centamin, however tangential and that you should not be dissed, so no need to diss me! Peace to all. All the best
Lol- you could be a bot... everyone is anonymous... so to look at the evidence, someone on a board is called Mr Tibbles (like the name of a cat), tells me he personally knows to other people who I have no idea exist... and expects to justify his comments based on this... bonkers :-).
Let's look at the facts....
Last night Cowchain attacked me and someone else here without any provocation.
I responded to this.
I did not see a single post from you, Mr T, or Sotolo pulling him up on his comments back to Cowchain in the same patronising way you posted me. I was only responding to his comments. Had he not made the comment none of this correspondence would have existed.
I learned from a very early age, I bully hits you , you smash them back harder. And if they do it again, you respond in the same way.
It's that simple really, don't attack me out of nowhere and you won't get a response.
Continue to do so, and I'll continue to respond.
There are many times I've seen your posts and others have attacked you, and with good reason, and I haven't piled in. Continue to do so on me and I will alter my tack.
Steve,
But Siko & Cowichan aren't just anonymous posters on a board, I know them both.
Hi Steve,
Oh dear, I pushed the right/wrong button!
If you recall in one of your past posts you made fun of someone for believing that Steve Jones was your real name .
Come on now Steve, Are you not being Judgemental about others and their opinions?I
Some people on here are coming across as real D-cks recently.
Please all just "Calm down. Calm down eh eh eh"
I ONLY responded to Cowchain's attack (out of nowhere) last night, then the subsequent attack from Sotolo, and now from you. I have the right to reply as does everyone else.
Mention me in a post and I will reply.
I've made with differences of opinion but no attacks until Cowchain.
And none form you until now.
And none from Soloto until he attacked in his "pacification" post ...
"Repression, thanks and jus so, Messrs Cowichan Jones and Bond all have points of view, Cowichan might stop dissing Bond and Jones, when their posts have anything to say about their view on Centamin’s direction"
If that isn't provoking an attack on me and Bond I don't know what is!
Just because you claim to "know someone" on an internet anonymous board, (as you pointed out only recently) doesn't mean they have the right to just attack people with comments.
Passive aggression is still aggression Mr T.
Maybe you should go and have a rest, you must be tired.
Hi Steve, again,
I personally know Siko and Cowichan and they are both very decent caring people both from very different countries and cultures who may at times have different views, but they both contribute a great deal and I'm glad hey are here!
I only know Sotolo from this forum but he/she has been a great contributor and also very tolerant to harsh criticism by others at times, I also very glad Sotolo is here
If its not raining possibly a game of golf, or why not polish one of your bikes!
Now wind it in Mr T, or whoever you are, who made you judge and jury? Just wind your neck in.
I will not re consider it as it all factual, and I'm fed up with his constant attacks whenever he decides he's bored and just launches attacks.
Hi Steve, or whoever you are,
Cowichan is none of those, you do him and indeed yourself great injustice by that posting, you may like to reconsider it
If people choose to take offence just because another member expresses a different opinion then that's up to them, however resorting to insulting one another is'nt going to achieve anything, of any use,.
We are where we are because not enough pertinent questions where answered or the concerns expressed addressed appropriately by Centamin in the past!
A forum where everyone expresses the same view or is afraid to ask a question is going to be a pretty pointless forum.
So Sotolo, my constant posts on gold and the economic indicators, their timing and impact which has clearly been evident in CEY SP are all "nothing to do with Centamin?
My posts when I used to post my trades and you actually asked me continue- are "nothing to so with Centamin" ?
The constant pointless rants and attacks from Cowichain on Egypt (which most are lies) as Siko points out on a regular basis are useful for Centamin commentary?
What planet are you on?
Hi Sotolo,
Thank you for your sharing your thoughts and opinions on this, I concur with your opinion on the points you raise.
Its plain from where the share price languishes now that world politics, markets and events do influence the share price of Centamin, its seems even more so since the loss of market and investor confidence in Centamin.
I hope Cowichan keeps asking the questions and I hope others will join in, it leads to a healthy and informative debate!
Lets hope that we will finally the golden flip flops!