Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
That was a solid report by Centamin, and some very interesting comments on the exploration, in particular the airborne TEM surveys at Sukhari. My read was that they provided very insightful data, such that will may see more focus, and more results coming from exploration.
Lithium has run so hot, its a good thing to get out of, and gold has run so poorly (against logic), thats its a good thing to get into now!
I think with Centamin obviously turning a corner now, its a great time to reposition it in your portfolio! and I say that not calling for a small fee?
Not sure how the UK can go through so many PM's, so quickly, each being a few cents short on the dollar, not to mention Chancellors,
Kwasi Kwarteng
2022
Nadhim Zahawi
2022
Rishi Sunak
2020 to 2022
Sajid Javid
2019 to 2020
and now we see Boris being touted as being a front runner to be new PM...and certainly not by the people, matter of fact in the UK the vote of the people seems to count for nought? An odd state of affairs all round to see the least.
https://www.youtube.com/watch?v=qWMvFPoBuvg
best
the Gnome
Hi Gnome,
As in Aus the people have the vote to kick out whichever Gov't is in power for the prosctribed period or before if sufficiently alienated. Try that in Russia , North Korea , Iran Venezuela and your dead or worse as is your family. With all its failings the present system (warts and all) suits me and the majority of the democratic world just fine. Happy to here and consider your defense and views on those Governments listed above
Regards Bob
.
Thanks Bob
Yes, we have the vote to kick out one group of nutters and vote another group of nutters in, thats our lot these days in the democratic world. We have to be far better at attracting a better class of people to do the job, obviously.
Well the quick anwer to your question, is I dont favour or see as even slightly attractive any of the governments you mention. What about Egypt?
Regardless of this, I also do not see much attractive about the UK system which delivers up an array of buffoons of various flavours and ideologies, and I wont speak about the US.
I would far rather a proper system be put in place to have potential politicans go through a rigorous x-year education and training programs which teach them how the world works, how businesses actually work, and give them a decent understanding of ethics and morals (etc) Now wouldn't that be fun.
It is extraordinary how politicians (esp in the southern penal colony) can be elected, who have no significant education, no life skills, few morals, basically unemployable, serve with distinct incompetence, some even have relationships with Bikies whilst serving on the parliamentary law enforcement committee that was gathering material about outlaw motorcycle gangs in an inquiry into online drug trading?! and then retire on a handsome pension, free air travel etc. whilst consulting and being paid a fortune to lobby on behalf of any foreign powers and cronies wandering the streets. LOL
As commented previously the lunatics are playing a brilliant game, and if we dont watch out we will be wiped out.
Thank goodness for the younger generation, who will put all this right, and wonder constantly about what the older people (who will be locked up in Aged Care homes) were ever thinking about? Or even if they were thinking at all.
Back to my medicine, I might have taken an overdose with my porridge, in between rain showers down under.
cheers
the Gnome
Hi Gnome , Thanks for your succinct and concise reply.. Am I correct that Aus requires all at voting age to vote in an Election. Percentage voting in the 90's %
a little disparaging of you to have
Touch screen problems
disparaging view of the Aus voting population . Am I correct that it is a legal obligation for all registered voters in Aus have to cast a vote in an Election.?
You have very correct views of the standard of those elected but do you really believe the younger would be politicians will be better. No real world experience experience and straight from UNI with degree in political science .
However as this is a Centamin board am I correct that :
They have an education facility for dependants of workers, a fair wage policy well above the Egyptian norm, a medical programme, that they have a programme to educate and bring through talented Egyptian management , a safety record to be admired throughout the mining industry. Perhaps Siko (much missed from this board ) has a better insight into Centamin policy on these matters.
Lastly as you have little faith in the present system of National Governance what do you propose to put in its place?
Such a pity you are in Aus as sharing a beer with you would be a delight.
Kindest regrds
Bob
Bob
We have to vote, even if there is no party worthy of getting a vote. So yes, we can also vote informal, but we have to vote.
regards
the gnome
The degree would not be in political"science" - whatever that is. Political governance, required course, as would be common sense, commerce, law, ethics, how real economies work or fail etc.
CEY seem to do an excellent job in training their empoyees. It is in everyones best interest. For instance Universities in Egypt have alomost no practical geology taught in their degree courses. It is all theory. Some of the graduates dont even know how to use a compass.
Egypt is not alone and the old "education system" in many African countries produce graduates who lack practical knowldge (I have said this before) but in Africa it is worse than those int he developed countries. It creates enormous problems. Thye need to introduce Training Instiutes which train them how to use the knowlege they acquire in a practcal way.
CEY is acting as this training Instiute, and this needs to be recognised by the Egyptian Government. I think it is a government repsonsibility, but then thats a problem as Egypt has never had a mining Industry, and thus is devoid of Gexperienced practical Geologists to teach at such an Instiute. I have heard that there might be a new Training Instiute/Education College being formed...no details, but much needed.
So it goes nito the Govt Mining Administration, which is packed with people who have no Mning or Geological experience...and so on..and you know what flows from this ...impractical laws, the highest ground holding costs in the world and so on. This then discriminates gainst having vibrant Junior Companies...
regards
the Gnome
Not all of us have to vote Gnome. I lived on Cocos (Keeling) Islands for a period of time nearly 30 years ago which resulted in my falling off the electoral roll.
I have managed to avoid reinstatement so far and greatly enjoy mocking my family & friends turning out to vote for one pointless cretin or another while I pour myself a drink & put my feet up :)