The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
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"The one great principle of English law is to make business for itself!"
"We lawyers are always curious, always inquisitive, always picking up odds and ends for our patchwork minds, since there is no knowing when and where they may fit into some corner."
"Keep out of Chancery. It's being ground to bits in a slow mill; it's being roasted at a slow fire; it's being stung to death by single bees; it's being drowned by drops; it's going mad by grains."
"Houses were knocked down; streets broken through and stopped; deep pits and trenches dug in the ground; enormous heaps of earth and clay thrown up; buildings that were undermined and shaking, propped by great beams of wood. In short, the yet unfinished and unopened Railroad was in progress."
"My meaning is, that no man can expect his children to respect what he degrades."
"Lawyers hold that there are two kinds of particularly bad witnesses--a reluctant witness, and a too-willing witness."
"Veels vithin veels, a prison in a prison."
Charles Dickens
Thank you Mr Bond. - That's good. - I'm glad I misheard/misunderstood.
Great week All, enjoy the weekend- AGM next week, icing on cake will be some licensing news :-).
https://www.youtube.com/watch?v=iFWna9qBvPk
In this week’s Live from the Vault, Andrew Maguire offers a short-term outlook for gold and silver, and explains this week’s long-awaited positive price movement in the precious metals markets.
The long-time wholesaler breaks down the LBMA’s latest, desperate attempt to lobby for an exemption from Basel III. As implementation day fast approaches, Andrew Maguire reports on collusion between the LMBA and CME, in a bid to buy time to unwind massive interconnected unallocated positions.
A week on from the silver raid, the precious metals expert sends out his appreciation to the legions of silver stackers worldwide, who bought up as much as physical silver as they could afford on May 1st.
01:25? What’s next for gold and silver short term?
07:36? Volatility explained! Dips will be bought.
12:20? EFP & ETFs explained
17:00? CME and LBMA scramble to buy extra time before Basel III
21:53? CME left red-faced
31:32? Breakdown of LBMA’s desperate lobby attempts
38:00? CME advisory confirms the LBMA ring-fencing attempts backfiring
43:42? Silverback raid rattles paper markets.
It was an excellent presentation.
Thanks Don.
Rebess he said we have been producing for 12 years .The life of mine in of more than 10 .
That is now ,the exploring at Sukari tenement could raise that to another 20 possibly more. The underground workings could last much longer than that.
12 yrs. life of mine!!! - Doesn't seem very long. - The CC has more life left in it.
Watch from 2 minutes in
https://player.vimeo.com/video/539149852
Perseus Mining CEO Jeff Quartermaine will fly from Australia to the Côte d’Ivoire next week hoping to persuade the country’s new minister for mines Thomas Camara to fast-track a license to exploit gold reserves at Fimbiasso.
Progress on the license, which has been under discussion for two years, has been “painfully slow” amid a “rocky” political landscape, Quartermaine tells The Africa Report from Subiaco in western Australia.
https://www.theafricareport.com/86339/australian-miner-perseus-to-press-cote-divoire-on-fimbiasso-license
International law firm Bird & Bird has advised FTSE-250-mining group Centamin plc, on the engineering, procurement and construction contracts for the 36MW solar farm and 7.5 MW battery-energy storage system at its Sukari Gold Mine in Egypt.
The Sukari solar plant will be the largest hybrid solar project at an off-grid mining operation globally and is expected to reduce diesel fuel consumption at Sukari by an estimated 22 million litres per annum and lower carbon emissions by an estimated 60,000 tonnes CO2-e per annum. The project is scheduled to be commissioned late in H1 2022.
The Bird & Bird team advised on all the project contracts and included Energy & Utilities partner Elizabeth Reid as well as legal director Geraldine Laing and associate Hannah Roberts. Bird & Bird were well placed to advise on the project, combining its recognised international mining practice with its market leading expertise in renewables.
Francois Du Plessis, Legal Counsel at Centamin says: “It was a real pleasure to work with the Bird & Bird team on this ground-breaking project. We really appreciated the depth of their renewables expertise, understanding of Centamin’s commitment to responsible mining and the team’s focus on getting the deal done.””
Elizabeth Reid, partner in the Energy & Utilities group at Bird & Bird adds: “We were delighted to support Centamin on this exciting project to design, construct and operate the 36MW solar farm and 7.5 MW battery-energy storage system at the Sukari Gold Mine. It is a fantastic example of how co-located renewables projects can help mining companies reduce fuel consumption, greenhouse gas emissions and operating costs. I look forward to working with the team at Centamin in the future.”
--------------------------->>>
My Thoughts: Just a reminder - the Sukari solar project was first announced FOUR years ago, I hope the new CEO can seriously improve turnaround times on projects going forward.
Just the annual shareholder meeting on Monday, results July/August.
What is happening on Monday?
But that's been the deal hasn't it.. the USA would drop interest rates the americans would refinance and spend the cash... It would slosh around the US until it finally disappears off to China et al... look at the US trade deficit when it reaches $83 billion a month thats a trillion a year... Last month was $74.4 billion!
2008 was caused by banks handing out sub prime loans and then flogging them around the globe as AAA securities according to the BBC in their Trillions..Surely that was fraud??.. With goldman (our chancellors former employer.. the Swamp at work) being accused of deceiving customers.. to settle they paid a fine of 5 billion I think... which went to the government... their cut??
Cant drop interest rates anymore.. a quote from independence Day ....''Times up!''
But really the only bloke worth a listen is Peter Schiff schiffradio.com..
And I hear today on RT Boom n Bust .. the US government want to be notified on whos buying bitcoin.. for tax purposes.. there goes the confidentiality.. Theres no escaping government..
For fools they've got it pretty well tied up!.. or i should say ...For fools they've got US pretty well tied up!
Ho hum!
mrtibbles, as in Japan, you basically extend the mortgage to 50 years. They bend the rules etc so they can hang on, people in power and with the wealth have too much to loose to let the system fail. But with every dollar printed, gold should be becoming more attractive
So how would today's homebuyers cope with the interest rates of 12% we had to cope with 25 years back?
This is the party that claims to be more financially competent!
Sky World News 16th September 1992 Sterling crisis in ERM
https://www.youtube.com/watch?v=MGuKJT15SV8
https://www.youtube.com/watch?v=q9za9-T7vrM
Market has turned increasingly structurally bullish for POG this week
Problem is that VAT and PAYE hits the ordinary people the hardest, whilst the richest have ways of claiming it back or avoiding paying their fair share such as Amazon!
Think on this
The equivalent of one nurse’s annual salary is lost to a tax haven every second!
Countries are losing a total of over $427 billion in tax each year to international corporate tax abuse and private tax evasion, costing countries altogether the equivalent of nearly 34 million nurses’ annual salaries every year – or one nurse’s annual salary every second.1 As pandemic-fatigued countries around the world struggle to cope with second and third waves of coronavirus, a ground-breaking study published today reveals for the first time how much public funding each country loses to global tax abuse and identifies the countries most responsible for others’ losses. In a series of joint national and regional launch events around the world, economists, unions and campaigners are urging governments to immediately enact long-delayed tax reform measures in order to clamp down on global tax abuse and reverse the inequalities and hardships exacerbated by tax losses.2
https://www.taxjustice.net/2020/11/20/427bn-lost-to-tax-havens-every-year-landmark-study-reveals-countries-losses-and-worst-offenders/
https://www.taxjustice.net/videos/
Any one with spare cash will be seriously thinking of getting in here before the SP starts following gold.
Monday will be the day ,if gold price holds this level into the Weekend.
IMHO.
Soon isn’t it? Next week?
Good tick up in gold will only help the sentiment
Joe's World," suits me and you sir".
Price jumped as soon as US market opened.
GLA fingers crossed.
Now GOLD Is $1840 ....Then 1880!!!
IMO gold is about to go mental. We have rising inflation, weak jobs data and lower rates for longer - its the perfect storm. Centamin target £1.50 in short order
Ex dividend date 20th May - this is going to FLYYY NOW!!!
Shockingly bad non farm payroll stats. Give out free money and expect people to go back to work. Welcome to Joe’s world. Gold and bitcoin flying!
Looks like we are on our way to 130 for next week....Looking good!!!