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Ha Ha no surprise from you .who got tapped. with according to you 500000 shares.
One day in the future ,you may be happier.
Thanks Cowichan for the useful information as ever. Many members of this board are respectful both of those who have pointed out every reason the share should rise over the last 18 months under the wondrous new management, and those who try to explain why they think it hasn’t and won’t. I find both immensely useful as markets are made by balancing those who think a share will rise and buy, with those who think the opposite. It would be great if some less respectful members could be less defensive and understand criticism and looking out for and pointing out the downsides as well as upsides is a vital part of both management and investing - one reason I don’t appreciate management (not ours) who only try to talk up a share and usually get caught out. Sadly there seems even less honesty in mining than some other industries, especially those where we consume or see the product, so it is up to knowledgable people here to do their best to hold management to account as well as praising them, and thank you all so much . Have a lovely weekend after a relatively nice finish for us this week.
I will take notice from the Institucions and their moves, perhaps you are involved in one yorself.
PI opinins carry no weight ,even if some think otherwise,just annoying moscuitos.
I am just suspicious of your constant un-supported criticision of this company.
Whatever date you first posted has no relvance, traders consrantly buy and sell,could it be you got caught at the top?
Not that I care.
Get used to criticsim ,after all you are good at dishing it out.
No need for a reply it is clear there will be no accord.
Lifes to short.
At least that is what he/she says.
Well, perhaps you work for Buchanan then? How else does one explain your constant need to defend the board of directors, make excuses for management, disregard the languishing share price and generally kiss the CEO's backside?
And then to ridicule my intentions by suggesting I'm a a short term trader? You know by my Member Info I've been contributing to this forum since May 2014 - you are the one with credibility issues - not me.
As for my comments about the possible 5th hire from Barrick - if you did any research you'd know Centamin hasn't had a COO since Mark Morcombe departed for Endeavor in 2019
Catherine Raw could be our new COO (per some professional headhunter chatter) and she would be a fine addition, further gender-diversify executive management (badly needed!), and (possibly) better set Barrick up for a future takeover
Hey, do me a favor MrBond - just don't reply and mute me instead? But of course you will reply, and continue to poorly defend every misstep management makes, ad nauseam, right? ;-)
Or much more than that ?
No I am not.
Your example is supposition and not a good reason for possibly p**d of ,good people who need to move on.
Possibly more appreciated and better terms.
What iare really your suspicions ,
Never mind not answeing and throwing questions back.
Or is it you are just another trader and got yourself trapped?
;-)
My mistake MrBond.
Centamin has already hired 4 former Barrick employees in the last 13 months. Catherine Raw would be the 5th.
1) Pierre Kanku Mineral Resource Manager ( formerly of Randgold/Barrick from Sept 2011 - March 2021 )
2) Gustav Du Toit Sukari General Manager ( formerly of Randgold/Barrick from June 2016 - November 2021 )
3) Rolly Wasonga Chief Resources Geologist ( formerly of Randgold/Barrick from Feb 2012 - Feb 2021 )
4) Craig Barker ( formerly Barrick from Jan 2018 – Jan 2020 )
5) TBA* Catherine Raw (formerly Barrick May 2015 - Dec 2021 )
And I have a question for you MrBond - are you perhaps related to any of Centamin's senior management? ;-)
So the woman got bored and feels she wants fresh fields, thats normal,especially if your superiors are not to your liking or not going to drop dead.
But anyway Don what leads you to think of another conspiacy? Or her moving to Centamin, unless she has family in Cote de Ivorie ,:-).
Keep well.
https://www.linkedin.com/in/catherine-raw-9047a387/?miniProfileUrn=urn%3Ali%3Afs_miniProfile%3AACoAABJyx1QBf1KP4LNUxeaVwgK283suYedEeGw
Barrick Gold Corporation
Total Duration 6 yrs 8 mos
Title COO North America
Dates Employed Jan 2019 – Dec 2021
Employment Duration 3 yrs
Title CFO
Dates Employed Apr 2016 – Dec 2018
Employment Duration 2 yrs 9 mos
Title EVP, Business Performance
Dates Employed May 2015 – Mar 2016
Employment Duration 11 mos
-------------------------------->>>
And if it is, well, the writing was on the pit wall...
Martin Horgan needs to buy £200 k of shares and start talking up CEY .
"Two and half years at Centamin and an experience to forget as soon as possible.. except for my planning and reliability team who I coached and developed into a value generating team. The management toxic and unethical to say the least."
https://www.linkedin.com/posts/glen-everard-9a637724_two-and-half-years-at-centamin-and-an-experience-activity-6885162036301578240-6S9K
"Yes mate.. contract terminated 4 days before returning to site after spending 20 weeks on site to ensure the upcoming girth gear and crusher shut were successfully planned and saving this company millions of dollars I get a phone call to say I upset someone and won’t be returning to site.. who was upset or nature of the issue if there ever was one.. no info.. no one seemed to have an issue when I was there for 20 weeks.. ?? anyway they don’t deserve an Evo"
----------------------------------->>>
Just one example of the cultural/religious differences that must be taken into account before launching any employee initiative (at Sukari) designed to change longstanding norms
London – 7 January 2022
"...our focus is on actively recruiting women at our flagship asset, Sukari Gold Mine, where we have a lower female representation due to cultural barriers to employment. Understanding and, where possible, resolving these barriers is fundamental and we encourage our business partners and peers to look at how they too can proactively progress the diversity and inclusion agenda."
https://www.womeninmining.org.uk/women-in-mining-uk-welcomes-centamin-as-an-industry-partner/
------------------------------>>>>
Interesting that Centamin would dare 'rock the boat' on such a sensitive cultural issue at Sukari. Reading the LinkedIn posts of many Sukari employees it's clear most are very religious - will this cause tension and discontent? I hope not. We've had enough technical problems - what we don't need at the moment is a cultural rift to boot.
A note to Centamin management - please don't shoot our ONE mine in the foot - the share price is already limping... (unless that is the goal!?)
Q4 Wednesday week, Jan 19th
https://www.centamin.com/investors/investor-calendar/
Q4 report was 19th Jan last year. I can’t find a financial calendar for CEY. Assuming Q4 will be out in the next 2 weeks unless anyone knows any different.
FY results March.
Just added another goldy THX.L - looks promising with an AISC of 680 dollars
Broker upgrades perhaps reflecting the positive news ladt month that didnt get priced in?
https://www.morningstar.co.uk/uk/news/AN_1638960206374531900/centamin-expects-output-boost-after-sukari-gold-reserve-increase.aspx
For 'sad old git view' I read 'life experience' and 'probably right'!
Of course, time will tell, but it won't be the first time something like this has happened.
Could it be that there are some nice surprises in the finals - a few numbers ahead of expectations say - and they're starting to leak out? This is a cynical guess based on my sad old git view of human nature, nothing more.
2 big broker upgrades this morning...long time bears Liberum have upgraded from SELL to BUY and raised PT from 80p to 106p and Berenberg raised from HOLD to BUY with new PT of 112p....fill your boots!
Anyone know why? Other than heavily oversold before? I've just sold most of the excess stock I picked up over the last few weeks while the price was stupidly low.
Real time 90p + 4.2%
I won't mention the cricket again..England 6/215..Djokovic visa to bat for UK refused. Australian PM declares no conflict of interest..
BACK TO BUSINESS ...
SWOT Analysis For 2022
Last year had its fair share—and more—of exogenous shocks: the Texas big freeze, the Suez Canal shutdown, the delta scariant, wildfires in California, and supply chain disruptions everywhere. It was also rich in extraordinary policy responses: quantitative easing amid the highest inflation rates for a generation, fiscal stimulus despite nominal GDP growth in double digits, new lockdowns, sweeping vaccine mandates, and in some countries naked discrimination against the unvaccinated. On top of all that, add a hefty sprinkling of unexpected market developments: GameStop, Spac speculation, and the NFT craze to name just three.
Against this backdrop, the world’s major currency pairs saw limited volatility, bond markets absorbed the inflation shock and did not sell off, gold was about as exciting as watching paint dry, and in 252 trading sessions the US equity market delivered 72 new all-time highs. So, the question for investors is clear: will this strong momentum continue into 2022?
Policy is starting to shift. Instead of adding US$120bn of fresh liquidity into the system every month, the US Federal Reserve is now tapering its bond purchases and signaling that it will raise interest rates in 2022.
The speculative fever is dying down: unprofitable companies are no longer beating proven cash flow generators. Aside from the big monopolies, tech stocks are no longer outperforming. The Spac craze has ended.
After sitting on their hands for most of 2021 as domestic growth rolled over, Chinese policymakers now seem ready to ease and to give cash-strapped companies a little breathing space.
Energy prices—whether for natural gas, coal or electricity—are shooting up everywhere, in large part because of a lack of investment in key energy infrastructure over recent years.
US and European government bond yields no longer seem as swayed by negative developments on the Covid front.
So the odds are that 2022 will be different to 2021. But how?
Interesting times (apart from the cricket)
the gnome
Equities in Europe mostly stood flat in the premarket on Friday ahead of the reports on Germany's trade balance and industrial production, the United Kingdom's house prices and construction activity, and the Eurozone's consumer confidence, prices, and retail sales.
Earlier, Italy posted another record in daily registered infections from coronavirus. Meanwhile, Britain's cases increased by almost 180,000 in the previous 24 hours.
The DAX and the FTSE 100 both stood flat at 7:17 am CET. At the same time, the CAC 40 gained 0.12%. The euro advanced by 0.09% against the dollar to sell for $1.13018. At that moment, the pound sterling rose by 0.10% against the greenback to go for $1.35423.
Baha Breaking the News (BBN) / JR
Have a good weekend y’al