Member Info for mrtibbles

This is exactly what we'll hear from Trump from now on!

https://www.tiktok.com/@thereal_nrp/video/7391573861617110315

Donald Trump portrait with bandaged ear in the style of Vincent van Gogh Poster

https://nickoprints.com/featured/donald-trump-portrait-with-bandaged-ear-in-the-style-of-vincent-van-gogh-nicko-prints.html?product=poster

Donald Trump portrait with Bandaged Ear in the style of Vincent van Gogh

https://www.youtube.com/watch?v=1Oxsboy05Dk

Official Donald Trump styled as Van Gogh with an ear bandage Shirt

https://usastylishtees.com/product/official-donald-trump-styled-as-van-gogh-with-an-ear-bandage-shirt/

Not the first time Centamin have sponsored this event, although I doubt any of the other miners would stump up !

“India’s current account deficit (CAD) of 1% leaves room for a change in gold’s import duty in the next Union Budget, and the industry is calling for a 5% cut,” the analysts said. “Should this materialize, gold imports will see a significant jump.”

https://tinyurl.com/4dbc7sf9

Trump is playing to the crowd over his scratched ear and he will milk this over the coming months to gain support in the coming election , he is a typical narcissist!

Why all the media concern over a lunatic like Trump who has been stirring up hatred and public insurrection ever since he lost to Biden when others in the audience were shot dead or left in critical conditions.

https://www.bbc.co.uk/news/articles/ce586kxjvnyo

Gold miners should be up about double the metal price, but that hasn't happened, noted Ryan McIntyre, a managing partner at Sprott. In late June McIntyre spoke to Kitco Mining.

https://www.kitco.com/news/video/2024-07-12/when-do-the-miners-catch-up-to-the-gold-price-

With Trump likely to gain support from the sympathy vote due to his scratched ear it would seem to be politically prudent for the Democrats to demonstrate that President Biden's policies have been instrumental in turning the American economy around by starting to cut interest rates leading up to the next election.

Hope so Kenny, don't want to start another money pit project, although I can't say I am convinced because miners in the main tend to talk up these projects to levels that are never achieved or even achievable, but that said this may please Dasut and some other members.

Coffee With: Martin Horgan, CEO of Centamin

https://tinyurl.com/5c25jate

At last a political leader that acknowledges that a number of ordinary innocent people suffered death and serious injuries, whilst Trump has only suffered a nicked ear!

UK Prime Minister Sir Keir Starmer led international condemnation of the shooting, saying he was "appalled by the shocking scenes at President Trump's rally".

"Political violence in any form has no place in our societies and my thoughts are with all the victims of this attack," he said in a statement.

https://www.bbc.co.uk/news/articles/cd1d31jeyzlo

What a great pity the Eygptian people ousted a tyrannical dictator Mubarak to gain freedom and democratic rule but instead they are still denied both by a former army officer and now President Sisi!

https://www.lse.co.uk/ShareChat.html?ShareTicker=CEY&share=Centamin-PLC

By Al Jazeera Investigative Unit

Published On 14 Apr 202314 Apr 2023

A four-part investigation by Al Jazeera’s Investigative Unit (I-Unit) has revealed a series of gold smuggling gangs in Southern Africa that help criminals launder hundreds of millions of dollars, getting rich themselves while plundering their nations.

The Gold Mafia investigation shows why the precious metal is so valuable as a way to turn dirty cash into sparkling clean, seemingly legitimate money for those with large amounts of unaccounted wealth. They do so by using a complex web of companies, counterfeit identities and fake documents.

he central bank also issued letters allowing the smugglers to bring millions of dollars of cash into the country.

In South Africa, Rudland and Mo Dollars bribed officials at ABSA, Standard Bank and Sasfin Bank to help them park dirty money and then move it from South Africa to a host of front companies around the world. In the case of Sasfin Bank, Dawood, Mo Dollars’s brother, said of him: “Mohamed was CEO of that company without them knowing.”

https://www.aljazeera.com/news/2023/4/14/six-secrets-uncovered-by-al-jazeeras-gold-mafia-investigation

“The #Aljazeeradocumentary exposes the extent of the rot at the top, but it’s just the tip of the iceberg,” Nelson Chamisa, leader of the main opposition, the Citizens Coalition for Change (CCC) tweeted. “This clearly shows how corrupt, rotten & broken leadership has destroyed a jewel and great country. Zimbabwe is not poor, it’s just poorly governed!”

Zimbabweans have called for swift justice against the individuals implicated in the film.

Angirayi Moyowatidhi, a 45-year-old street vendor in Harare expressed outrage at what he said was organised looting of the country’s resources.

“When we were growing up, we were told of how the colonial regime of Cecil John Rhodes to Ian Smith looted our country’s resources and externalised them to the United Kingdom. Now, we are witnessing the same processm save for the fact that this is being done by our elected Black leaders,” Moyowatidhi told Al Jazeera.

https://www.aljazeera.com/news/2023/3/30/zimbabweans-outraged-by-al-jazeera-expose-of-gold-smuggling-elite

FED forced to buy back gold !

LBMA forced to pay $100 an once premium in 2020 to cover shorts

LBMA bailed out by FED

https://www.youtube.com/watch?v=i582JhHp3Jw

Thank you Tony, hope your estimate proves to be right, it would be great to see Centamin start to start to deliver more than disappointment and promises!

Hi Paul,

Well it is a Friday and anyone in Centamin should realise by now that the POG usually gets spanked down prior to the weekend and that most of the CFD traders will be closing their positions so that avoid the Monday morning opening gap to push them through their stops before the market market makers most likely project the indices in the opposite direction, just to make a bit more more from their prey"

It would seem decent and indeed most appropriate to announce some special dividend or increase in dividend as some recognition of shareholders loyalty, although I'm not holding my breath!

Hope that there is some announcement of significant reduction in AISC and better than expected guidance and profits, but I fear that it will be more sales waffle and predictions of good times coming!

Oh I think a pink elephant has just flown by!

Happy to be proven wrong of course!

Hi MrGnome,

Thank you for a very interesting post on an corrupt system created by the "Robber Barons" of the USA that has always given unfair advantage to the detriment of the rest of the world which is quite contrary to the political spin peddled by Donald Trump!

No wonder China and other countries are creating alternatives to the dollar!

More people need to be aware of these facts, keep posting!

Tibbs

Any long term investor will be well aware that Centamin is a contrarian share that more often or not defies logic, over the years it has proven to be notoriously hard to predict irrespective of the method of analysis used!

Who knows what tomorrow will bring being a Friday!

Hi Cooperman,

Good to hear from one of the Centamin stalwarts, yes I agree, in hindsight we have been in too long, but then its understandable because we assumed quite rightly that we were being given truthful information by Andrew Pardey about the state of Sukari,as did the analysts at that time some of whom were predicting a share price £3.00.

But as we are now aware Andrew Pardey was glossing over the reality of the inherent low grade problems at Sukari by high grading in the open pit whilst running the underground operation on a chance it principle without having any contingency plans or spare parts available should the sole LHDR implode, which it did!

If that were not bad enough did Pardey learn any lessons, no he carried on glossing over the fact that there wasn't any waste ore clearance at Sukari whilst the Jersey directors remained oblivious to realty whilst taking their remuneration and watching the seagulls inbetween sorting out the buffet menu for the next Jersey AGM!

But this catalogue of Sukari lies, deceit and the Jersey and boardroom complacency who claimed blissful ignorance was all shattered by the appearance of a crack in the Sukari open pit!

But in all of this the thing that really makes me mad is the fact that the shareholders were lied to!

So we are still waiting yet again to see if things are really going to be different this time, I hope so but wont be surprised if we get far more disappointment than delights!

Keep well Cooperman and get ready for a good time to bail out,,if it ever comes again!

Hi Siko,

You and I have know one another long and well enough to know that there is no need and it would sere no purpose, other than to provide some on here with some form of entertainment to resort to an exchange of dialogue on here.

Unfortunately In the main this forum has become inconsequential and certainly not the source of information and debate it once was ,it's just like all the others now and many of the newer members provide no input on Centamin or anything else, but are hoping to pick up tips and inside information for free to aid their short term trading tactics, whilst others others are plain lazy land and just want to read whatever fits in with how they want things to be!

You are likely aware of how long I have held and added to a not inconsiderable holding of Centamin shares.

That said I have no time for Sisi or Putin,I don't trust either of them, they both rule by dictatorial policy and draconian methods and the Egyptian and Russian people both deserve better!

Tibbs

Hi Dasut,

I have let this run just out of curiosity because some are so eager to point the finger at me they chose to misconstrue my comments on the original post, had they thought before jumping to the conclusion that I was agreeing that nationalisation was likely then that is contrary to my opinion, which is that there would be no point in any nationalisation as was put to me because one might regard the operation as already 50% nationalised as the state is already taking 50% plus any other benefits by working in partnership with Centamin.

Back in 2015 with the court case still unruled on there was some concern amongst shareholders about the future of foreign investments in Egypt and after some posts on here of various rumours circulating regarding the claims made by some in the media that Egypt wasn't receiving its fair share I had several conversations and exchanges of dialogue with a senior representative of Centamin in order to seek some clarification.

I appreciate that some on here accuse me of going over old ground but any newer investor needs to be aware of why we are where we are and that uncertainty, disappointment at times and rumours are all part of holding Centamin shares- an exert from some of the 2016 dialogue below -

http://www.dailynewsegypt.com/2015/11/24/62-production-sharing-contracts-signed-by-egypt-egpc-chairman/

The view is that CEY has too much at stake to poo-poo the idea out of hand and this type of arrangement may help keep the big goldies away?

Perhaps Egypt isn't 'putting up' a dime up front but such is their current economic reality.

A deal will be made?

Rumour at the moment -

Would the new government consider nationalisation of the gold mining industry now the cat is out the bag as to how much is coming out of Sukari?

Thanks for this ******. Nationalisation of the gold mining industry? Well Centamin is their gold industry and this would go completely against what has been said to international investors by the government themselves.

Production sharing agreements rather than profit share would need to be very competitively priced as the level of upfront capital required for a gold mine is substantial as you will know as a shareholder!

I would be very sceptical of many if any companies looking at such a deal. Particularly in view of the current state of the gold industry!

Yours sincerely

***** *****

On behalf of Centamin