Member Info for Cowichan

To this ---->>>

"Hey B2Gold Corp. Clive Johnson - if you're going to strike a deal with Centamin PLC shareholders you'd better do it now before Barrick steals #Sukari for a song..."

#gold #Egypt Benjamin Scott Peter Montano Ian MacLean Michael Cinnamond Dr Alexander Antonov Ken Jones Dana Rogers Darren Parry Andrew Brown Randall Chatwin Brian Scott P.Geo Chris Power Kellyann Williams Standard Life UK Dimensional Fund Advisors Vanguard Hargreaves Lansdown Buchanan Capital Limited https://lnkd.in/g9XXXJJV

https://www.linkedin.com/posts/don-lawson-98619370_market-at-risk-of-collapse-if-war-persists-activity-6908487402927603712-lbgW?utm_

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Personally I'd rather B2Gold approach Centamin shareholders directly than have Barrick seduce Centamin's BOD with the claim they are in a better position to advance Egypt's concessions, Sukari, etc.

At least with B2Gold any Centamin shareholder who remains invested post-merge would likely see an appreciable growth to a combined entity's share price - not so with monster Barrick

Oops, did I just write that in the subject line?!

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"I'm visiting a mine in Egypt for the next two weeks. Some general metallurgical consulting work and also discussions on Aachen technology. Excellent trip so far, great people and a beautiful country. #gold #metallurgy #Egypt"

https://www.linkedin.com/posts/wiehan-botes-84888571_gold-metallurgy-egypt-activity-6907234752093663232-h-7J

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The tech: https://www.maelgwynafrica.com/aachen-oxidation-technology/

https://www.linkedin.com/posts/don-lawson-98619370_gold-egypt-miningnews-activity-6908122722065358848-pbTd

Twenty-seven dividend-paying #gold mining stocks compared

1) Centamin PLC 2) B2Gold Corp. 5) Newmont Corporation 7) Agnico Eagle Mines Limited 10) Newcrest Mining 13) Kinross Gold Corporation 14) Endeavour Mining 17) Barrick Gold Corporation
#Egypt #miningnews

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The link has the entire list on a comparative graph

How does everyone feel about Centamin's super-sized dividend policy?

Would it make more sense to maintain a smaller (perhaps average) dividend policy to free up cash for development/exploration as opposed to taking on debt?

Perhaps we can share with Centamin the results of an informal poll.

https://www.kitco.com/news/video/show/BMO-Conference-2022/3910/2022-03-10/Sukari-to-become-a-coveted-asset

Mr Horgan mentions the consortium between B2Gold, Barrick and Centamin in regards to finalizing extraction terms with Egypt - said they've set a target of Q3 to wrap it up ( said it's about 90% worked out...)

B2Gold president and CEO Clive Johnson said many mining sector CEOs are lying to their shareholders by not disclosing value-creating M&A approaches by other miners.

https://www.kitco.com/news/video/show/BMO-Conference-2022/3906/2022-03-09/Worry-about-the-mining-CEO-who-is-a-gold-bug

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My Thoughts:
In this video B2Gold CEO succinctly outlines the self-preservation thinking behind many gold miner board members refusal to engage honestly with shareholders.

Freddy Kapako, Datamine Africa-Central & East Africa Reginoal BD Manager, visited SUKARI GOLD MINES in Egypt at the end of February 2022.

On this visit Sukari team were upgrade to Fusion X, a platform to better collect and manage their Geo-scientific data.

Interested Fusion X, visit our page: https://lnkd.in/gT5-J2z

#DatamineAfrica #FusionX #software #mining

https://www.linkedin.com/posts/dataminesw_datamineafrica-fusionx-software-activity-6907615595433467904-fo7x

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My Thoughts: regarding the new and improved software with enhanced security features - a couple quotes from the promotional material:

"We make sure you can trust your data as only a certified person can check out and modify it"

"Full security model to control access to data & system functions."

"Check-in and check-out technology ensures data integrity."

https://www.dataminesoftware.com/solutions/fusion-geological-data-management/

Yep. Security is now a priority. Kudos to Mr Horgan for getting this done. Maybe a little late but better late than never.

via https://www.investormeetcompany.com/
23rd Mar 2022 at 2:00pm GMT

Q&A
You can pre-submit questions directly to the company up until the day before the meeting, in addition to asking questions during the live presentation. Whilst the Company may not be in a position to answer every question it receives, it will address the most prominent within the confines of information already disclosed to the market.

Question 1:

Has Centamin's CEO and/or management hosted a tour of Sukari with employees and/or management of Barrick recently? And if so to what purpose?

Question 2:

Is Centamin's board of directors willing to publicly state that it deems the shares of Centamin PLC significantly undervalued ? And if they are not willing, please explain the reason(s) it deems Centamin shares are currently fairly valued.

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It will be interesting to see if my Q's are 'prominent' enough to get addressed

one thing we need to hear from Centamin at this retail investor event - a public declaration that Centamin's current share price is far below what the board of directors deem as a 'fair market value'

Yamana Gold chairman Peter Marrone recently did just that - you can watch it here:

https://www.kitco.com/news/video/show/BMO-Conference-2022/3899/2022-03-08/MA-needs-to-pay-fair-value

obviously this would go some way in alleviating the suspicion that our beaten and battered share price hasn't been a catastrophe of our own making ( to benefit a third party )

and to lay out the rules of engagement/minimum requirements should any takeover bid suddenly appear

(feel free to share with Centamin IR if you like)

Sotolo - maybe Barrick could buy Centamin and the production costs would then go down.

With all Barrick's purchasing power and such - what do you think?

I agree cherryburn - the Centamin growth story is finally believable

trouble is believers like us have been 'topping up' for over a decade - there comes a point we're too heavily invested to cop any more screw-ups or an ill timed takeover

Just announced: Mr. Martin Horgan, CEO, Centamin PLC will join us at 3rd Egypt International Mining Show on 28th - 29th March 2022 - Virtual Connect.

https://www.linkedin.com/posts/egypt-international-mining-show_eims2022-mining-speaker-activity-6906978212573003776-paO6

MrBond - you've been quiet recently so I thought you buried the hatchet? No such luck.

My point is Aton confirms Barrick's upper management did come to Egypt during the same time period our CEO visited Sukari - a point you've repeatedly try to discount and refute.

Why? Who are you Mr Bond? Genuine Centamin shareholders would like to know.

"...it was good to see the Barrick guys in Cairo a few weeks ago, and to see them getting going on the ground in Egypt"

https://twitter.com/AtonResources/status/1500843100494778377

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This is yet another independent source to confirm that Barrick CEO Mr Bristow did indeed stop in Egypt (to visit Sukari?) at the time our CEO Mr Horgan and some of the team were also visiting Sukari

IMO Barrick's M&A interest/involvement has moved beyond conjecture/coincidence

Therefore IF any Centamin shareholders are so inclined please contact Centamin IR to clarify the outstanding issues I've tried raising on LinkedIn:

here:
https://www.linkedin.com/posts/don-lawson-98619370_centamin-hiseis-activity-6905954089801265152-uw4Y

and here:
https://www.linkedin.com/posts/don-lawson-98619370_centamin-plc-announces-sukari-operational-activity-6890419280710631424-14cq

FYI : I've already received some interest from key individuals working for The Takeover Panel and The Investor Forum CIC

The interviewer retells a conversation he had yesterday with B2Gold CEO Clive Johnson where Clive expressed frustration over approaching other companies with an offer & having that company's senior management not convey the offer to their own board or shareholder base - thus B2Gold is considering having to make hostile takeover offers directly in order to complete a transaction.

The comment starts 7:20 into video

https://www.kitco.com/news/video/show/BMO-Conference-2022/3889/2022-03-03/More-MA-is-on-the-way

Thanks for sharing Softrock!

Mr Horgan presents Centamin's strategy very well - we are fortunate to have his caliber of leadership

Also, nice to hear his confirmation the airborne survey over Sukari was completed in Q1

The newest 'poke around' guys checking me out on LinkedIn:

Dimitrios Zouzias, PhD 2nd degree connection2nd
Consultant Geologist in Mining&Metals | Equity Researcher
https://www.linkedin.com/in/dimitrioszouzias/

M&A ADVISORY & CAPITAL RAISING
NRG IS COMMITTED TO PROVIDING HIGH QUALITY ADVICE AND TRANSACTION SOLUTIONS
Our understanding of the industries where we operate enables us to engage with clients during all stages of the life cycle, and our in-house technical and operational advisory capability provides the skillset needed to optimise the potential returns of a project and / or the value of a mature asset. This, combined with our global network and A&D experience, enables us to deliver high quality advice with regard to financing solutions, joint ventures, asset divestments, the appraisal of investment opportunities and acquisitions.

http://www.nrgcapitalpartners.com/advisory/

And then a new Centamin LinkedIn reply followed (a day or so ago):

"Don Lawson, the Company have not made any false statements. We have clarified this point with you several times but if you have any further questions, our offer still stands to arrange a call."

https://www.linkedin.com/feed/update/urn:li:activity:6904372198862393344

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My Thoughts:
Maybe it's all connected?

Also, while I do appreciate the offer to talk with Centamin - management could just choose to unambiguously answer the outstanding questions re: the missing HiSeis data and the suppressed (vs not suppressed?) multi-deposit discovery.

Goldgnome - thanks for sharing that eye-opening study

As a side note - that Hope Bay mine that Agnico Eagle just shut down - guess who did the original feasibility study and went on to build and commission it as CEO of TMAC Resources in 2013 to 2017?

Dr Catherine Farrow
https://www.linkedin.com/in/catharine-farrow-78535617/details/experience/

Perhaps the TMAC/Hope Bay mine's extensive history of poor performance and failure was a valuable learning experience for this Dr Farrow?

Actually, it must have been a superlative lesson because some genius saw fit to reward Dr Farrow's failures by hiring her as one of Centamin's non-executive directors in late 2019 - where she still sits... (Rebess - your last post was so on the money!)

One can review Dr Farrow's mine building catastrophes as CEO of TMAC/Hope Bay here:

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1727-tsx/tmr/32370-tmac-resources-reports-operating-and-financial-results-for-q1-2017.html

January 2021 - AgnicoEagle pays $286 million for TMAC, which operates a gold mine in Hope Bay (Canada) for a 26 per cent premium to the $1.75 per share that Shandong Gold was to pay

https://financialpost.com/commodities/mining/agnico-eagle-to-buy-tmac-resources-after-canada-rejects-chinese-suitor

- The acquisition price is “reasonable given the stable jurisdiction, and is within typical valuation ranges,” said Fahad Tariq, an analyst with Credit Suisse

Feb 2022 - AgnicoEagle decides to shut it down

"And after all the consideration, we thought that it was making more sense to stop operating and just focusing and putting all our energy into exploration."

- When it was fully operational the Hope Bay mine had 689 employees
https://www-cbc-ca.cdn.ampproject.org/c/s/www.cbc.ca/amp/1.6363802

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My Thoughts:
Perhaps if boards/management at various mining companies were more forthcoming with the actual state of affairs with shareholders, the market and thus potential suitors - such boob-ups would be less frequent.

Also, it seems to me last week's sudden (forced?) departure of former Kirkland Lake CEO turned AgnicoEagle CEO Tony Makuch may also signal things weren't all they were talked up to be at various Kirkland properties prior to Agnico's $13.5 billion purchase of said company.

In particular the Detour Lake gold mining complex which recently got a stunning 10 million ounce upgrade to its mineral resources from its new-but-very-short-term owner Kirkland Lake

https://www.mining.com/kirkland-lake-gold-adds-10m-oz-gold-to-detour-lake-resources/

Awaiting announcement of a resource 'recount' soon - but will there be repercussions or just a shrug of the shoulders ? It seems to be acceptable to blame the geologists, blame the resource estimate contractors or blame the actual geology but never blame senior management.

https://financialpost.com/commodities/mining/agnico-eagle-announces-surprise-exit-of-ceo-tony-makuch-amid-earnings-miss

https://www.centamin.com/media/2479/cey-investor-presentation-28-feb-2022.pdf

https://twitter.com/BMOmetalsmining/status/1498469350541565959
Martin Horgan, CEO of Centamin, outlined the company’s renewed operating model, its strategy for growth and diversification, and its capital allocation priorities, which look to balance shareholder returns with growth capital expenditure. $CEY #bmometalsmining #BMOConference

Moves to Canada to work for Barrick (as previously noted)

https://www.facebook.com/Hemlo.Barrick/photos/a.109650610693267/458730072451984/

Jan 11, 2022
Barrick Hemlo is thrilled to announce that we are building our Geology team.
We would like to welcome two new members Hebert Oliveira and Christopher Le Cornu!

Also, said employee just checked out my LinkedIn posts regarding Centamin/Barrick employee swaps, HiSeis survey, pit wall incident, etc.

Wonder if former Centamin employees can still face consequences for shall we say 'questionable' actions and/or sharing privileged information?