Technology Minerals, Canada Nickel & Goldplat presented at London South East's May live webinar. Catch up here.
Iconic financial commentator and life-long stockbroker, Bill Holter, joins Andrew Maguire to share his eye-opening examination of the West’s insurmountable debt.
As the Fed’s money-printing tactics start to closely resemble a Ponzi scheme, the precious metals expert explains, with mathematical certainty, why the current system is destined for bankruptcy.
Just to make members aware update from "Which"
If you are a UK consumer and purchased an Apple or Samsung smartphone (including as part of a mobile phone contract) in the UK on or after 1 October 2015 you could be due a payment – find out if you’re one of them
Which believe that Qualcomm breached competition law and it cost UK consumers millions of pounds, so we are taking legal action against Qualcomm to recover the overpayments made on Apple and Samsung handsets bought since 1 October 2015.
Some of you will remember our Fake Lord El Nagy and Veritas mining!
A (Fake)member of the British House of Lords, Lord Nabil Nagy of Wickelwood, has a love for Egypt, not only because he holds its nationality, but he also owes it credit from his birth until her arrival in London. ', says the time has come to return the favor to her credit.
The owner of Veritas -(Fake) Lord Elnagy- spoke of how fantastic the T&Cs of the tenders were, his company would complete the exploration in 3 years instead of 7,if they were fair with Egypt then Egypt would be fair with them and investors should not only think of their own benefit..
Wicklewood is in Norfolk
click to find the map
Not traditional mining country!
Thank you for the information, I thought this arrangement/option or similar had been in place for some time, I seem to recall you posting in the past
Great that you popped in stay well!
A 12-year old girl, from the Yanomami tribe, was allegedly raped and murdered by illegal miners, deep in the heart of the Amazon. More than 20,000 have invaded Yanomami lands, waging a bloody war against the community and the rainforest.
The Brazilian government is ignoring this crisis -- but a million voices from around the world could put the Yanomami plea for help under a global spotlight. Let's stop this massacre.
Join me here: https://secure.avaaz.org/campaign/en/amazon_emergency_loc/?krtqjhb
RNS Number : 3493M
23 May 2022
23 May 2022
("Centamin" or "the Company")
LSE: CEY / TSX: CEE
Under the shareholder approved Remuneration Policy and Centamin Incentive Plan ("Plan"), which aims to align Executive remuneration with that of the shareholders and long-term performance of the Company, contingent awards over ordinary shares of nil par value in the Company were made to the following Directors and Persons Discharging Managerial Responsibility ("PDMR").
Subject to clear performance conditions, the awards to the following participants will partially or fully vest after three years, on 20 May 2025 and are subject to a further two-year holding period. In the normal course, the Plan participants are required to be an employee of the Company at the time of vest.
For more details on the Plan, please refer to the Remuneration Report within the 2021 Annual Report and Accounts, available on the Company's website at www.centamin.com.
Director / PDMR
Number of Plan Awards
In accordance with the requirements of Article 19 of the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of UK domestic law by virtue of the European (Withdrawal Act 2028), the Company makes the below notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
This announcement contains ongoing regulated information.
FOR MORE INFORMATION: please visit the website www.centamin.com or contact:
Michael Stoner, Group Corporate Manager
Thank you Razor's , I understand, hard to take in sometimes, such a change from where things were then to where they are now, so unexpectedly and to such an extent!
I must admit that when the crack in the pit wall was first announced and the share price dropped to £1.70 I stayed put because I thought that Martin Horgan would make a statement on what was being done to rectify the situation and then the share price would gradually recover from there, unfortunately at that stage neither the gravity of the situation or the amount of remedial work needed to put things right wasn't apparent as we now know only too well!!
Yes indeed, good point, run the operation on a wing and a prayer with regular doses of media baloney for as long as they could until the inevitable crash (or crack) exposed the true facts!
Although to be fair Kees Dekker had pointed out the flaws i the way Pardey was running things as far back as 2016, then again in 2018!
How I wish I had taken Kees more seriously rather than believing Pardey!
Thing is though that there are still other miners that are even now running on the wing and a prayer principle !
*Please find a re post from March 2022
Kitco.com, the pre-eminent media source for gold stories. It is a good summary of where are and where we are hopefully going to!
Feel free to share with others they may find it offers some explanation of why AISC have risen for the short term and hope that things will get better because at last things are being done as they should have always been !
Worth a watch -if they have 17 minutes to spare – it’s a long piece!
Thank you pkumar84,
Really good explanation of how the big guys , banks funds , market manipulators are two faced, but always win and take advantage of retail investors naivety in many respects on how things really work in the markets who then get reeled in on hype and end up getting screwed!
Hindsight is a great thing of course, but guys like this are all too often not taken as seriously as they should be because they are telling the uncomfortable truth, just like Andrew Maguire, Kees Dekker and others !
20 May 2022 In this week’s Live from the Vault, Andrew Maguire reveals a glaring LBMA price fix is wreaking havoc on the gold market, after a tidal wave of global physical demand.
The precious metals speaks on Russia's action to strengthen the Ruble with physical backing and whether increasing demand will be the hair-trigger for a global gold price reset.
* The opinions expressed in this video of Andrew Maguire and any guest
Thank you Cowichan,
These companies can easily afford to put the appropriate measures in place to protect the local en environment and its natural inhabitants.
There are international agencies that would be able to organise and assist if contacted'
Years ago an experienced analyst pointed out the Sukari management was mining itself into a corner by not mining enough waste.!
That prediction has come to bear, although the current management is now tackling this! As it took years for the chickens came home to roost, then frustrating as it is for us then logically it may well also take years for corrective measures to bear fruit.!
Whatever our opinions and irrespective of whether it is the old management responsible for the mess they got in, it is current management that has to pick up the pieces!
if the current management will be successful, or how long the turnaround will take is yet to be determined!
Possibly though as Centamin has already taken the bad news on the chin it might well be a lot less risky than many of its peers?
With others (B2Gold, Enedeavour - political risk, Fortuna - capital blow outs, etc.) bad news may still come.
You know the mining business inside out and what you say must make sense!
You will most likely be aware of this-
website https://www.centamin.com/about/our-leadership/board-of-directors/ where you can find information on appointment dates, skills and experience, and committee membership. You will note that there has been a significant refresh of the Board, with 7 of the 9 Board members having only been appointed in 2019 and 2020.
Also invite you to consult the Governance section of the 2021 Annual Report (starting at page 84) which provides an overview of how the Board works to deliver on Centamin’s strategy, including board structure, governance framework, effectiveness evaluation, activities carried out in 2021 and focus areas for 2022.
Information regarding past directors can be found in past annual reports on the website: https://www.centamin.com/investors/results-reports/ .
Can't say that anyone stands out as being exceptional or of must have status in any way??
Is this a case of more of the same?
Or am I wrong?
Any opinions welcome!
Thank you Dr Jamain, you have every right to express your opinion, so no offence taken on my part and no apology necessary,but never the less I appreciate your gesture ,very decent of you, what a pity that some of the worlds politicians can't behave in a similar fashion!