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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!
Macro level the FED want to crash the economy as this is the cure for inflation. People need to lose jobs. If you look at past data, with previous inflationary spikes v interest rates and the job losses it provoked this will be ugly. Do not doubt the crash is coming. The clever money is on the move and portfolios are rebalanced to include much more cash. You can get a better return with cash. Specific to Gold, crypto is taking meat off the table. Bitcoin is a Ponzi scheme cos you're average Joe is never going to understand or buy into it, so low volumes and no new people to sell to. Its all so clever with its decentralised ledgers and oooh look,..a halving golly gosh. big picture = zero utility despite the banks trying to make it catch on. This will go to zero eventually IMO but we're talking a few years! Gold won't really become en vogue until interest rates peak and the SEC gives crypto another good kicking. They will regulate it to death, or do people really think that they'll not defend the dollar to the death??!!! 2-3 years this will start to look very different, but if you're in a single stock like CEY I'd personally take a hit, stick it in cash and wait until next year to re-invest as I think when the market crashes everything is down! You'll see this at 50p at some point. OR top drawer it for a couple of years.
agree sotolo- so why does cowchain constantly **** people off- i'll tell you why, he a narcissistic, attention seeking idiot- it's really that simple. fortunately, he's the outlier on this forum.
Not sure if they have peaked, but certainly retreating overnight. Sections of the USA may well be shutting down parts of their workforce if interests rates continue upwards. A builder may keep a roofer and an electrician for example, but not all the labourers to lay concrete. Those kind impacts start coming through the real economy. Less skilled jobs get cut. We do have a little hope this morning and will see if it holds this afternoon.
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, however tangential, including the economy and of course any influencers on the gold price, and equally Cowichan’s posts such as the one on Evergrand are relevant as a Chinese economic slump would be relevant to gold and centamin. It is important to have many different views, so thanks again Repression. It has been wonderful that historically this board, unlike so many, has mostly avoided the school yard tho previously both Mr Tibbs and I have been driven off, so we have had moments like this but shrugged them off. Incidentally I visited the Freddie Mercury sale at Sotheby’s where there were some of his fabulous…golden flip flops. - will we ever get ours….
You accuse others of being off topic, then you post rubbish about Evergrande,.
Simply a method of taking the heat off yourself, you are sussed for what you are.
Major stock indexes in Europe traded lower in the premarket on Friday as investors awaited the final report on the euro area's July inflation. In addition, the attention will also be on the Eurozone industrial production, alongside United Kingdom's retail sales.
At 7:47 am CET, both the DAX and the FTSE 100 fell 0.43%, while the Euro Stoxx 50 decreased 0.46% at the same time. The CAC 40 lost 0.51% simultaneously. The euro was up by 0.11% against the dollar at 7:49 am CET, selling for 1.08834. The pound stood flat against the greenback and went for 1.27430 concurrently.
Baha Breaking News (BBN) / AY
𝘏𝘢𝘱𝘱𝘺 𝘍𝘳𝘪𝘥𝘢𝘺 𝘺’𝘢𝘭
𝘌𝘯𝘫𝘰𝘺 𝘺𝘰𝘶𝘳 𝘸𝘦𝘦𝘬𝘦𝘯𝘥.
“𝘗𝘢𝘵𝘪𝘦𝘯𝘤𝘦 𝘪𝘴 𝘵𝘩𝘦 𝘬𝘦𝘺 𝘵𝘰 𝘷𝘪𝘤𝘵𝘰𝘳𝘺.”
Always seemed the most civillised of boards on LSE. But I can see how it has come about as everyone has become sick to death and exasperated by this ghastly market, not just in PM's but everything. When is it ever going to change and we go on this mega bull run in gold that everyone has been talking about forever. Not while you can have money in the bank @ 5% (regardless of inflation) and gold returns nothing? Is that the truth of the matter? God bless you all x
China Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court
The company sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies that are undergoing restructurings from creditors that hope to file lawsuits or tie up assets in the United States.
Evergrande recently had $330 billion of liabilities. A late 2021 default triggered a string of defaults at other builders, resulting in thousands of unfinished homes across China.
Last month, Evergrande posted a combined $81 billion loss for 2021 and 2022, prompting investor worries about the viability of a debt restructuring plan it proposed in March.
Since the sector's debt crisis unfolded in mid-2021, companies accounting for 40% of Chinese home sales have defaulted.
https://www.reuters.com/legal/china-evergrande-files-chapter-15-bankruptcy-us-court-filing-2023-08-17/
I have no pity onyou.
You seek to deceive a ,little pathetic.
I remember youth like you in high school
they were always ready and willing to bully, shame & discredit others
relentless , they had no pity - moreover they had no manners and no sense of common decency - was it was a choice they made or a reflection of their low upbringing ?
so then it is ironic you pair would bring up the term pity - remember well your mocking for someday , unfortunately - it will return to you tenfold
Yep alas true- we should feel pity for Cowchain.
Far to late for meds.
Posts on other pages under a different name. But exactly the same Modus operandi. that is not coincidence,notice it only posts on Cey under its present avatar.
How is that possible,through another account on E Mail.
Then log in to LSE.
As Mr Tibbles said a while back ,you can be anyone you want to be on the internet.
Calm down Cowchain, calm down and keep taking the meds :-)
Neither of you contribute a ounce of usefulness - but ceaselessly blabber on and on - why not haunt another forum instead ?
As they attack me non-stop
but I don't think you want to comment on their bad behavior - else they turn and attack you too
Best ignored ,the person as you say ,seeks attention.
Tony, from Cowichan’s post it’s clear he’s a deluded narcissist with way too much time on his hands :-)
Calm down Cowichan, calm down. You really are a clueless, pointless little plonker- a very sad, attention seeking one at that.
Cowichan
From the accounts it looks like Centamin pays $49M and the profit the company makes is around $9m or so which is about 18% margin after all their costs. it looks like a reasonable deal to me as they had no staff injuries on-site in doing all the work. If you want to cut margins tighter it can result with consequences as everyone is under far more pressure.
I was wrong to put a heading with your name in it and let us both aim to be our better selves on the board and cut it out.
As for other contributions, you are not the only reader and they communicate to a wider audience. Things like USA on 132% debt to GDP ratio with 20% of all tax income being paid now on debt interest and it is going up to 30% do have a relevance if Treasury rates stay where they are and fiscal spending runs on the current path. The flag of confidence shines on USA debt repayment until it doesn't without a lot of paper printing. A lot of patience is being tested here. We shall soon see how oversold they hit gold and hit Centamin SP. It is not influenced by whatever any of us write here. Tony
FOR IMMEDIATE RELEASE
16 AUGUST 2023
"MSALABS currently has a laboratory in Marsa Alam, Egypt under construction;"
https://www.capdrill.com/media/home/Capital-Limited-Interim-Results-combined-FINAL-SIGNED.pdf
---------------------------------->>>>
Mr Horgan must be elated that his bestie Jamie Boyton saw Capital Drilling's H1 2023 revenue & EBITDA rise 12% and 10% respectively over H1 2022 - Inflation? Pshaw, Centamin agreed to cover all of it and then some for 4 years...
Ditto for you
you might think people like to read your off topic machinations about nothing - but in realty it's not applicable to Centamin in any way shape or form