Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Thanks Spoonington
There is much to discuss, that is not discussed in an open and balanced media (which being a free western democracy we deserve ..LOL). One of the stupid games the mass media plays is to find the new hero, and deify them. It wore thin with me decades ago. We have had B-grade actors, nymphomaniacs, reformed alcoholics, "entrepreneurs" and now we have a clown with a fetish for offshore bank accounts.
They simply take us for emotional enitites with no ability to think, let alone think critically about the BS they serve up. It does suggest they are a bit short on the grey matter themselves, but I guess they do their best.
Throwing "leaders" onto the stage with a poorly thought through script is wearing thin. Many of the leaders struggle with stringing more than 2 sentences together without a reading from a "transparent" prompting device, which does spare us some time, assuming one would want to listen to the BS in the first place.
My cycnical day to day, the medicine must be abating.
the gnome
Thank you Spoonington, an interesting documentary , my wife is German and prior to the Berlin Wall coming down we used to visit some of her family in East Germany, so I am not as one eyed as you may think,
you may also be interested to see part of a communication I sent to my MP
Ukrainian President Volodymyr Zelensky and his partners in comedy production owned a network of offshore companies related to their business based in the British Virgin Islands, Cyprus, and Belize.
Zelensky’s current chief aide, Serhiy Shefir, as well as the head of the country’s Security Service, were part of the offshore network.
Offshore companies were used by Shefir and another business partner to buy pricey London real estate.
Around the time of his 2019 election, Zelensky handed his shares in a key offshore company over to Shefir, but the two appear to have made an arrangement for Zelensky’s family to continue receiving money from the offshore.
Actor Volodymyr Zelensky stormed to the Ukrainian presidency in 2019 on a wave of public anger against the country’s political class, including previous leaders who used secret companies to stash their wealth overseas.
Now, leaked documents prove that Zelensky and his inner circle have had their own network of offshore companies. Two belonging to the president’s partners were used to buy expensive property in London.
The revelations come from documents in the Pandora Papers, millions of files from 14 offshore service providers leaked to the International Consortium of Investigative Journalists and shared with partners around the world including OCCRP.
https://www.occrp.org/en/the-pandora-papers/pandora-papers-reveal-offshore-holdings-of-ukrainian-president-and-his-inner-circle
Major European stock indexes were lower in the premarket session on Tuesday as investors awaited data reports on the economic sentiment indicator in the euro area and Germany that are due to be released today.
Previously, the European Commission Executive Vice-President Valdis Dombrovskis warned that the bloc's economic growth forecast would be revised downward due to rising inflation in the region.
The DAX was down by 0.71% at 6:50 am CET. The FTSE 100 and the CAC 40 plunged by 0.58% and 0.70% at the same time. The euro lost 0.33% against the dollar, going for $1.00099 at 7:17 am CET.
The pound was 0.27% lower against the greenback, to change hands for $1.18598 a minute later.
Baha Breaking News (BBN) / AB
Gnome, thank you for renewing my faith that not all people blindly accept ludicrous western propaganda - below is an interesting recent follow up by John Mearsheimer - well worth a watch :)
https://www.youtube.com/watch?v=qciVozNtCDM
Couldn't agree more Tornadotony in most things. Interesting to see the Texas power grid on melt down, with 110d F predicted. Could sober the oil and gas brigade up?
The strength of the USD is not tenable, as it against their interests, but they do seem to enjoy shooting themselves in the foot these days (perhaps this is better usage of the AK15's in every basement).
The US is only marginaly short of civil war, and the gap is closing. Some of the stuff that is happening that does not make the mass media is frightening. How this plays out is first order interesting. Not well is my guess.
The playout to the Russia V West war in the Ukraine is going to be very interesting. The stupidity on display is breathtaking
The view from 2015 is sobering, but not enough for the leaders to do anything
https://www.youtube.com/watch?v=JrMiSQAGOS4
The view from yesterday, has more meat on the bone that some of the ridiculous commentary in the mass and social media
https://www.youtube.com/watch?v=JxdHm2dmvKE
Gold will be a strong player in the future is my view
the gnome
pipedreamer
We are witnessing huge bets on the USD rising at a massive overbought state, we have the largest pull out on the gold sector since the summer of 2019 as the longs over shorts are now tiny in positional Comex contracts. We have short contracts at 25 to 1 leverage on huge volumes against gold. We have lost the 1800 support. They are throwing the kitchen sink at the entire sector. Same game as in Germany after WW1 of sell your gold and enjoy FIAT paper money soon to be pushed in wheelbarrows for a price of bread loaf.
As for Centamin, they report around the 21 July area. The key is having cash for the counter rally when everything hits the fan at some point in the next 90 days.
Of course the commodities have a huge future demand, unless the financial sector and political class abandon everything to do with climate protection as they see the price on delivering a solutions as being an impossibility. We have the UK possibly facing 40C for the first time this Sunday and we have pictures of the River Po in Italy virtually drying up. We have Spain and Portugal in a major drought and above 40C. The planet is going somewhere very warm in a hand basket which could lead to widespread famine. The joke of course is that speculators are treating gold as a commodity when many are buying it as a currency as their non-USA currencies blow up which eventually blows up the dollar as nobody else can then buy their expensive Treasuries including millions of Americans now living on bank overdrafts and waiting for more universal benefits.
How am I responding to all this. I have not sold any of my positions and breaking one of my rules. The rule I am breaking is moving huge amounts of cash into the stock portfolio and waiting to see what a mess the central banks and politicians make of all this. Cash in the bank is now becoming useless, but cash in the portfolio is now ammunition. God knows where the bottom is, but 79p buys a lot less then it did a year ago, but incredibly you can get 1 share in Centamin.
Interesting stuff the last 20 posts,but where is the bottom ?.Can we have more about where the share price is going whether Fundamentally or Technically.
I suppose Mr T that we cross our fingers and hope for some good news soon. Is the update next week?
The "heap" should be getting smaller now -------and I think Cowichan mentioned those lighter, alloy bodied trucks? With the solar and the seemingly good results from the drilling, surely we must be due the turnaround soon?!
I find it hard to believe that gold has been going down, what with the war in the Ukraine and inflation what it is?
Im not much of a gardener to be honest Mr T and the ground here is not great. However, I should have 10 blackcurrant bushes producing next year (or the year after?) and i've got a big bramley apple tree + a few smaller ones.
I picked the blackkcurrants off the 2 mature bushes the other day and they will be used for jam along with some plums.
The courgettes are doing ok and I've picked and frozen some turnip.
I've also done some peas (not many) and garlic for my Niece.
Slowy getting better Mr T but hopefully Centamin will get better quicker than my garden and gardening.
Some of the chives will be going down the garden for the bees as they seem to like the flowers.
Im always doing Rosemary cuttings for people and have got thyme and oregano on the go for them as well.
Golden flip flops Mr T? I want a pair of gold toe capped boots :-)
Quite so Paul, your memory is certainly not distorted,I also remember all too well!
keeping the faith, quite a conundrum, I have come to the conclusion that having faith usually results in disappointment far more often than delight, so lets hope that Martin Horgan will deliver on his promises!
But yes I am staying in Centamin because I really don't have any more faith in anything else!
Lets hope at last, before too much longer we will be getting out those golden flip flops!
Hope you are watering that garden!
Keep well Paul!
Tibbs
Wally,
Cont-
and the beer!
Tibbs
Hi Wally,
Great to hear fro you,hope that you are well and still walking the dogs!
Hindsight , what a great thing, I wonder how that old Cornish miner who predicted £5.00 feels now, although to be fair had the mine be run as it should have been then who knows!
To be fair that old Cornish was'nt to know that Pardey and Co were running a "Pyramid Scheme' by high grading and not bothering to clear away waste ot pump up output for the short term!
No doubt about it now, after the past three years we certainly know just how much we were ticked up by the El Raghy team and Pardey!
Yes I should have got out at just over £2, but I was seduced by all the talk of £3 and then after the "Crack" I should have got out a £1.70 , but then I foolishly assumed that the state of Sukari was'nt as bad as it was, that Martin Horgan would make a statement, a few months would go by and all would be well again!, but it wasn't to be because Martin quite rightly was honest about the near ruination of Sukari by the previous bunch of carpet baggers and he explained the time factor, the amount of money and effort needed to turn Sukari nto a properly functioning gold mine!
A miracle would be a dream, but its hardly likely, so its a case of yet more waiting, but at least we now have a CEO who knows what what needs to be done, and is doing it, rather than glossing over the truth whilst feeding the share holders more copious amounts of baloney!
Yes moving to Cornwell seemed like a great idea until post Brexit, then the pandemic with all the forced disclosure's that the NHS and social care and just about everything else are truly buggered beyond repair, also after losing so much of our European freedoms the UK now seems rather like like an open prison where we can get a pass out for so long, but then have to return to serve our ongoing sentence to live in purgatory!
We all know by rights where the POG should be, but we also know the supposedly regulated markets are manipulated and those manipulators care not a jot that what they do is so blatantly obvious!, so the POG will be wherever the FED & bank cartel it want it to be!
Inflation is here to stay for decades and the FED and other central banks wont be able to control it with interest rates because the system is based on consumerism, and if people stop buying. or taking out credit then a recession is sure to follow, so it seems market manipulation and political lies are now the norm and unlikely to end, irrelevant of whomever becomes the UK PM!
So say we take our money out of Centamin invest in another company, which to trust, that's the question, none of them, they all lie, the only thing that's certain is whichever the comapny the directors will always fill their boots and the brokers will always encourage people to buy and sell!
So if Martin Horgan succeeds that will be brilliant, but if he fails then so what, that's just how it goes!
Keep well though Wally, keep enjoying this views, and the pasties, and the be
https://twitter.com/centaminplc/status/1546497278466220033?s=12
Hi Tibbs. How are you keeping these days. Moved to Cornwall yet? Very very disappointed with Centamin. Still hanging in there after all these years. Should have took out when around £2 Now in my latter 70’s and now hoping for a miracle me thinks. Keep safe and well
Analysing the cey sp over this past few year's I'm more convinced than ever that algobots are playing a big part in the sp magnifying any trends, mostly down obviously this year. Note I am not a robot not a robot not a robot.....
Ah Yes, Mr T-----the prediction of £3 a share! Time flies. I cannot remember. Was it 2 years a ago or 3?
I remember about 5 years ago the share price was in the high 170s and looking good .
Maybe my memory is distorted but over the years, it seems like every time Centamin gets tipped in a newspaper , there is a short rise followed by a bl--dy great fall.
Im hoping that the spadework that Martin Horgan appears to have been putting in, comes good and we will see a rise and a bigger dividend before we all get too old.
Are you still keeping the faith Mr T?
Hi Mr gnome,
Getting control of those leavers in the FED , that's what's needed to push up the gold price!
Sotolo, anyone running any business has a vested interest in "Talking it up!' as you put it, Andrew Pardey, Josef, Youssef & Sami El Reghy they all talked up the Sukari mine unrealistic guidance for over 10 years knowing full well that a such output was unrealistic and unsustainable, but due to the the methods of mining employed to pump up the output in the short term the crack appeared, and so here we are today with the share price dragging it's arse along the bottom of the bargain bucket, but then they had a vested interest in keeping their pyramid scheme going for just a bit longer1
Even you Sotolo were quoting that the share price would soon be £3,, you were wrong, but some believed you, you didn't mean to let them down, its the way of things, so there you go, but even so you had a vested interest at the time!
Boris told the UK public that post Brexit would be a golden but age, but then he had a vested interest, he wanted to be the king and shag, yet now post Brexit the UK economy is also on it's arse and Boris is out on his arse!
Everyone has vested interests, just like all of us, we all want the Centamin share price to rise and so we have a vested interest!
Everyone in every walk of life has vested interests!
Thanks as ever Gnome, Someone else pointed out on this board a couple of weeks ago why the predictions on gold are so often uncorrelated, especially in a bear market, they said the likes of Andrew MaGuire etc have a vested interest in talking the metal they are selling up as they seek to sell more and draw more customers in, as you say some people make their money writing rubbish and others lose theirs by reading it. Thos pundits like Gary Wagner who advise on going both long and short with futures rather than selling the metal tend to do better unsurprisingly as without the interest in selling it, but none of them have the most brilliant record at predicting it. All one can say with the greatest probability is it will go down further before it goes up, where the bottom is and when no one knows even if they say they do and one can take predictions especially from those with a vested interest with less than a pinch of salt!
Equities in Europe traded lower on Monday as Russia's military operation in Ukraine continued, with both sides accusing each other of crimes against another. Meanwhile, in the United Kingdom, several politicians, including former Chancellor of the Exchequer Rishi Sunak and Foreign Secretary Liz Truss, entered the race to be the leader of the Conservative Party.
The DAX went down by 1.19% at 7:09 am CET. At the same time, the FTSE 100 declined by 0.86%, while the CAC 40 decreased by 1.08%.
The euro lost 0.36% to the dollar at 7:14 am CET to go for $1.01502. A minute later, the pound sterling dropped by 0.39% to sell for $1.19881.
Baha Breaking News (BBN) / JR
Happy Monday y’al
So it is interesting to look at the commentary on gold and the prediction of its price, over the last 25 years, and the correlations or not.
https://seekingalpha.com/article/4343316-golds-correlations
https://www.sciencedirect.com/science/article/pii/S1995822621001497
I guess some people make their money writing rubbish, others lose theirs by reading rubbish, and so on and so forth
This is one of the writings I have been watching for a decade or more...United States graduates roughly 70,000 undergraduate engineers annually, whereas China graduates 600,000 and India 350,000.
like to make a prediction
the gnome
SJ,
No not rocket science at all. The overshoots and undershoots are part of a traders day, week or month.
The sad thing at the moment is that the under and overshoots are being created by those (central @bankers) that are paid handsomely to engineer things such that these phenomena do not occur (or are minimised)! These are then seized upon and exagerated by the $/word journalists and self described Quants and Savvies, and the swings and round abouts then impact the VIX, which the algorithms feed off, and the storm brews and swings get wilder.
Just recognise the pattern and plan your day, week, month eh?
God gold, it will haveits day again ... some things are hard to hold down for long
Gold acts more like a currency than a commodity, BUT EITHER WILL DO?. It generally has a negative correlation with the US dollar. When the US dollar is strong, the price of gold decreases but when the US dollar is weak, gold strengthens. The gold price is currently trading at US$1,286.40 per ounce.
https://www.macrotrends.net/1335/dollar-vs-gold-comparison-last-ten-years
After all these years, gold is still very much apart of our everyday lives. We may wear it, invest in it or prospect for it. There are no substitutes. Gold is gold.
best
the gnome
It is interesting to contemplate how they get away with it, year after year, election after election. It does suggest democracy, as practicised is a broken model, and I don't believe there is not a better model. Afterall, there is a constant invention of disrutive smart businesses which give rise to far more efficient and effective ways of doing businesses (see SMART BUSINESS, by Ming Zeng). Why cant the modern generation invent SMART GOVERNMENT, as simply repeating what has failed in the past and is failing again, does suggest something is wrong.
https://www.jstor.org/stable/pdf/25100650.pdf
There is work afoot
https://dl.acm.org/doi/10.1145/3465061
https://www.researchgate.net/publication/358904803_Building_a_Super_Smart_Nation_Scenario_Analysis_and_Framework_of_Essential_Stakeholders_Characteristics_Pillars_and_Challenges
the gnome
Talking of "Spoofing" this is a fantastic TV adaption of the book highlights that there has always been and always be those that "Spoof " investors!
https://www.imdb.com/title/tt0300879/?ref_=ttpl_pl_tt
https://www.amazon.co.uk/Way-We-Live-Now-DVD/product-reviews/B000HA46QC?reviewerType=all_reviews
At the center of the story is Augustus Melmotte, a European-born city financier, whose origins are as mysterious as his business dealings. Trollope describes him as 'something in the city', but the "something" part is not always clear. Within weeks of arriving in London, he announces a new company and promises instant fortune to those who join him in this scheme. Melmotte is surrounded by a circle of decadent aristos, scheming widows and nouveau riche businessmen, all trying to get a piece of the financial pie.
https://www.theguardian.com/books/2014/feb/17/110-best-novels-way-we-live-now-trollope
Spoonington,
Here is a challenge for you why not contact the "Fullfact" or indeed any other of the independent source checkers with your accusations on funding, they are required to disclose their funding sources.
https://fullfact.org/about/funding/
So where are your independent sources to confirm that the Russian Kremlin media machine is telling the truth?
You love your dog Spoonington , well I support several animal rescue charities who are working in Ukraine and recently Russian troops have fired on and destroyed several rescue centres with the animals inside, in one instance 60 dogs and their carers either injured or killed , I would post the link but the images far too distressing
There are none so blind as those who will not see and I am afraid you fall into that category!
I have German, and Polish friends who have witnessed personally what is happening in Ukraine.
Now because you are unable to substantiate your side of the debate with any credible evidence hen you have decided to throw your rattle out of the pram!
Also I was unaware that you had been appointed a forum moderator?