And of course 1st January 2024 Egypt becomes full mamber of BRICS ,with probably lower fuel prices paid in local currency.
So not paying in foreign reserves, and possibly connected to Turkstream Pipeline.
Food neccesary from other Brics nations.
It is clear those that invested here at 2 pounds were investing on nothing more than feeling there was going to be a future profit, in other words following the sheep sentiment, sadly as so often,they did not look very hard at the fundamentals nor consider the risk, buying such a overvalued share ,at the time.
Yes I admit buying 10000 at 180 ,and not selling after the news. But I own many many more ,maybe to many.
But thats life, you live and learn. Invest only what you can afford to lose.
Like it always says investments can go down,be warned.
This one now is bargain basement buy.
If you cannot stand it get out ,and do not invest anymore in the market ,especilly now.
As Andrew Maguire says ,"how much physical do you hold".
Naguib Sawaris claims to own 20 to 30 % in physical, like housing , a secure investment.
IMHO.
JamesLavish .
US debt piral to trigger major credit event.
But then of course these commentators have to stay in the limelight.
CEY the trades are down each day, a reflexion of the nervousness on all markets in general.
Yes Clued ,the market looks at risk.
The risk is a Middle East War.
Even though Egypt is unlikely to be directly involved .
The uncertainty is what drives sentiment, it does not take much risk as we have seen many times.
Trading is sluggish because of the worlds and US debt problems, even commodities are struggling.
Talking of mis /nformation 2 days ago you posted at 15.17 . in your final pragraph ," Not simple shareholders such as us".
Earlier this year you stated "I am out and not comiming back".
Yetyou seemingly ,solely intent on putting CEY down.
You are not a normal poster , far from it, .
You no far less than the instituions ,I have not seen them selling,nor have you.
Sweet dreams Cowichan , Get a better Job .
The number of years previous management ignored waste clearance around the open pit.
It takes an equal number of years to now clear it.
Once its finished much better days.
If gold does continue its altitude , with the Easts buying all is good.
Anything above 400K T ozs is very good for the company and holders.
And no debt. Fuel costs reduced and impeccable safety standards.
Whats not to like.
Mr Tibbles ,attitudes change.
Mintabie an opal mining area was given back to indegenous people , no ,more mining there for outsiders .
They had to leave by a fixed date, if their equipment was not out by that time it was left