Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The more I understand of kinesis the more I like it. I see the papers are talking about 'Glint' as a mastercard that you can spend gold on, ie, buy something for £61 and you've spent two grams of gold you have purchased. Only problem is I dont think you can withdraw the gold. However there website has some very good arguments as to why fiat money is so terribly terribly poor. https://glintpay.com/perspectives/
Yes, I could buy much more Friday, but not weds Thursday. Hi
Yes, I believe within next two weeks. I couldn't even by £300 worth this morning
Dont be too hard on yourself, shipments seemed real, but perhaps not yet counted as gold poured which is one place where i think we may have gone wrong. We were all optimistic, even the Centamin Mining manager gave a better view if I recall according to one article.
The 50% profit share, gold seasonal low & strong dollar have compounded the mining issues, not to mention the court case(s) and miners being unloved. Management seem to need a new strategy, its no longer sufficient to just mine,the market has identified that weakness and we need a longer term plan.
Gold 'should' begin to strengthen towards August/Sept (seasonally) and results 'should' improve, 3 months flies by and I remember us all doing the quarter-end guess a couple of years ago and being wrong footed. Lets hope we see some change in gold and dollar which could help a short term SP boost, its not exactly rosy out there, the markets looking for a reason to tank, just not been given a sufficiently good one, yet.
Sorry, most uptodate Spot64 130,500 Paul-280i 127,500 Cowichan 126,000 mrtibbles 125,000 ChasPB 123,456 Gino73 120,500 Sparkle_and_Fizz 120,000 Somnamna 119,000 Mizolgit 117,500 Zambianminer 116,500 Picket 117,000 Dansul 115,000 SweatyBetty 112,500 downhill 111,500 ton-fra-cen 111,034 Hedgehogg, 110,340 notsosmartmart 110,000 Cooperman21 110,000 MrBond46 109,000 Rebess 108,000 Marmot74 105,000
Thanks Zambianminer it's great to see all the regulars pass by. Spot64 130,500Paul-280i 127,500 Cowichan 126,000 mrtibbles 125,000 ChasPB 123,456 Gino73 120,500 Sparkle_and_Fizz 120,000 Somnamna 119,000 Mizolgit 117,500 Zambianminer 116,500 Picket 117,000 Dansul 115,000 SweatyBetty 112,500 downhill 111,500 ton-fra-cen 111,034 Hedgehog, 110,340 notsosmartmart 110,000 Cooperman21 110,000 MrBond46 109,000 Rebess 108,000 Come on Marmot, scuby-do, Pushmepullyou, Wally46, TigerByTheTail, uncertain, DJryan
I punted another 50k yesterday, however I could only buy in lots of £1500 or less. one of my trades showed as a sell. Im quite bulish, I believe the diamonds are there and we will start to find throughout this year, they have already found a couple, so they are there, its just a waiting game. Letseng is very successful, 60kms away.
Market and global economics aside, however at 5p, it was worth the risk.
Still early days. Look at Letseng mine, less than 60kms away, they have pulled many huge diamonds from there, the last one 910 carats in Jan 18. ive just topped up this morning 56338 shares, we'll see, fingers crossed.
Thanks Siko for popping in when we most need you. Based on those figures I think the quarter will be around 120k ozs. That wouldnt be too bad would it? about 25k ozs below rough target, also it was Ramadam and I believe the work slows a little during this period, that was mid may-mid june. I alwaysthought there would be a lull as QE was tapered and interest rates slowly rose, this is the sweet period, but the combination of those two can only spell headwinds for economies, couple with trumps tariffs. Fed has tapered $180bn in last 9 months, we move to $40bn a month for next month and by October $50bn. by December $450bn in total, its starting to ratchet up.
Thanks Siko for popping in when we most need you. Based on those figures I think the quarter will be around 120k ozs. That wouldnt be too bad would it? about 25k ozs below rough target, also it was Ramadam and I believe the work slows a little during this period, that was mid may-mid june. I alwaysthought there would be a lull as QE was tapered and interest rates slowly rose, this is the sweet period, but the combination of those two can only spell headwinds for economies, couple with trumps tariffs. Fed has tapered $180bn in last 9 months, we move to $40bn a month for next month and by October $50bn. by December $450bn in total, its starting to ratchet up.
Thanks Tibbs! - sounds genuine, bad luck,unforeseen. I hope Baminco realise the damage they have done our share price and also Centamin evaluate other areas of that could cause similar problems in the future