Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Tibbs I am not saying it is commercially viable and certainly not what Horgan and his team are saying but if you are a miner you have to start somewhere and finding resources is what the job is all about, because without additional opportunities the business has limited scope.
Steve mentioned to me that Centamin's recent RNS didn't include results hence no impact on the SP.
Results as far as I am concerned are history and the strength of an investment as far as I am concerned is the future potential. I didn't initially invest in Centamin based on results because at that time there wasn't any but the then potential was considerable.
As I say credit where credit is due as it is a step in the right direction.
Thank you Dasut,
I will have another look, but after past experiences and disappointments although this looks promising they have yet to be proven as to commercial viability so we shouldn't build our hopes up too high just yet.
Tibbs
Alhamd
Thank you for the update on Sukari gold production and for letting us know that targets are being met.
"بارك الله فيك" (baarak allahu feek
Tibbs
Agreed Dun,
The present stock market system is corrupt to say the least, it's all about making money for the stock market by churning the share prices and indices up and down trading in undelivered futures contacts for paper or non existent commodities priced in reaction to manipulated data.
What's even more obscene is that the leverage (short term loans) of £ billions for CFD trading are usually interest free if within a trading period or less of fractons of a percent , tax deductible and these are subsidised by the majority of ordinary people who have to endure austerity public service cuts and resort food banks, but then the people on hard times can always try to get a short term loan at 50% interest and more because they are desperate and so might be a bad credit risk!
The whole market system is broken , unfit for the 21st century!!
Tibbs
Nice one Spoony :-).
The prices of gold and silver plummeted to their lowest level since mid-December on Thursday after higher-than-expected inflation digits in the United States. The hotter-than-expected print seemingly raised concern about the direction of the Federal Reserve's monetary policy and when the potential rate cuts could begin this year.
Gold was down by 0.24% to sell at $2,014.70 per ounce at 11:45 am ET. Minutes earlier, the yellow metal traded at $2,013.75 per ounce which is its lowest price since December 13. Silver also hit its lowest point in four weeks, falling by 1.29% to $22.49 per ounce.
Palladium lost 0.93% to trade at $971.50 per ounce at 11:53 am ET. Platinum dipped 0.88% to $914.25 per ounce.
Baha Breaking News (BBN) / AB
It has been estimates the produced gold in the final fourth quarter one hundred 16 thousands ounces , my friend works contracting has closeness with matters mining egypt
meeting targets planned , by the blessing of Allah , four hundred 38 thousands ounces
May this year produce repeated success , I hope to all my brothers here
Mine too Steve, my ETH even provide me a 4% staking yield to further sweeten the price growth.
Crypto has been my best performing asset class over the past 5 years by a significant margin, if people actually did some real research into them instead of blindly accepting the FUD they would find some very profitable jewels in the sea of sh*t that is the world of cryptocurrency.
Oh well, each to their own :)
3bear I am not saying it is the answer to all of our prayers because it is very early days and I emphasise very early but it is certainly a step in the right direction.
If I was still in the game this sort of information would prompt me to get one of my team to ask questions of the guys on the ground.
That's great to hear Dasut thank you. As a mining newbie these drill results looked really positive to me, so it is good to have that suspicion corroborated by someone with some industry experience.
Let's hope the Q4 results give us a boost.
Hi Tibbs
I find almost the whole of the financial sector, with its focus purely on making money, a waste of human talent and effort, that could better be spent on dealing with the earth's problems and making a better life for everyone.
Of the three schools of thought in the article, I support the third, which basically says that all the resources are finite, which poses a problem for the future, especially as population keeps growing. Common sense suggests that if we don't all get together and plan a future, there will be an all out battle over dwindling resources.
So this is why we opened down at 93p today while previous mornings we have opened up then been sold down.
11.16.54 93.00 1,223,289
11.15.33 93.00 1,223,289
11.15.33 93.00 1,223,289
11.14.10 93.00 1,223,289
Tibbs you need to look at the RNS in more detail as there are maps and cross sections and open at depth means they haven't drilled down to underground levels it means it is the first pass drill results that tells them they need to do a lot more work to understand what it is that they have.
Hell in mining parlance they have only been on the ground for minutes and they already have promising results.
You aren't going to get any more detail as I say there needs to be a lot more work done and to me the grades look bloody good for a first pass through a prospective area.
Credit where credit is due thousands of square kilometres and they have already thrown darts in the right direction, I am sure Barrick are jealous because as far as I know please correct me if I am wrong they haven't published any findings from their areas of the Eastern Desert.
Unfortunately whilst some will do very well out of this decision there will as Tony pointed out be many who dive in without really understanding what they are getting into until the next drop hits them!
Thank you dun for your reply which I am in agreement with in most respects , although the chancellor's obsession or fixation on overgrowing GDP demonstrates that his policies and indeed his party are out of touch with reality that of how the world has changed and the hardships so many people are having to endure!
You may find his interesting https://www.theguardian.com/news/2019/jun/17/is-time-to-end-our-fixation-with-gdp-and-growth
Perhaps you would care to expand on your initial reply as it raises some pertinent points on the issue of short selling?.
he is a and the way the world has changed
What's missing from this is that FTSE 100 companies, bought back £57 billion plus of shares in 2023.
The Chancellor wants growth in the Economy, which comes from investment. If that £57 billion had been ploughed back into investment, instead of buying shares (which increases eps, as well as share prices which supports short sellers), then the Chancellor would get his wish.
S&P futures bust through the 4,800! Of course as I said earlier, all depends on CPI later today
Major stock market indexes in Europe traded higher in the premarket on Thursday. Investors are waiting for new information on monetary policy, which will be published in the new economic bulletin of the European Central Bank (ECB) in the coming hours.
The DAX increased by 0.47% at 8:00 am CET. At the same time, the CAC 40 rose 0.39%. The Euro Stoxx 50 increased by 0.76%. The FTSE 100 grew by 0.33%.
The euro grew 0.17% against the dollar at 7:58 am CET to sell for $1.09843. The British pound rose 0.27% against the greenback at the same time, to sell for $1.27688.
Baha Breaking News (BBN) / DD
US CPI will have a big impact if a big move away from consensus either way- we all know which way is positive here
My cryptos are going great guns Tony :-)
Quite likely, let's hope so!
After all Sun Tzu, the brilliant Chinese military strategist and Al Pacino of “The Godfather” give the same wise business advice: Keep your friends close and your enemies closer. In other words, follow not only what your business partners are doing, but what your competitors are involved in as well.
The most common scorecard that most businesses use is financially beating their competition. However, sometimes working together with a competitor is actually the best way to achieve a common business goal.
Hi Dasut,
Skip the highlighted results as these are pretty meaningless, not really being representative.
Move on to the table with all borehole results and check these.
As you will be aware the drill spacing, or the distance between drill holes, plays a significant role in resource and reserve estimation, closer spacing often provides more reliable data, although it comes at a higher cost.
Wide spacing whilst less expensive is used in the early stages of exploration, wide spacing is less expensive, but offers less reliable estimates and so generally used for inferred resources.
Apparent are generally very short intervals with mediocre grades which may not be economical for underground mining.
*Also noticeable is the absence of maps and cross sections to put these results in context.
*(This may be due to being in the closed period)
So good news up to a point, but best not to count our chickens just yet until all the eggs are hatched!
Tibbs
This will be bad for everything tomorrow bar bitcoin ETFs and bitcoin. Chairman of SEC does not support the product despite having to approve as a security. Bloomberg report that the ETF can not be shorted properly for 3 months. The ETFs have to acquire the bitcoins on the open market so the price rockets. The SEC can not guarantee the ETF will be manipulated by fraudulent activity. Only in America is what I can say. This could be the biggest market mess anybody created. We shall find out for sure in the afternoon. I hope I am wrong but it could suck a lot of liquidity out of the stock markets.
La Mancha has lost confidence already, Sawiris family is not, for a long time been popular.
Suggesting Sawaris is making a move on his own , is pepostorous.
With all due respect , just supposition, unless you have good evidence.
Tibbs what missing information?