Member Info for mrtibbles

Hi GJ,
For far too long Centamin was held down by at best mediocre leadership,self interests,complacency and bad working practices on the shop floor, at last it seems it has broken free!

Mr Brains,
Martin Horgans presentation was excellent and informative, certainly a very welcome, but long overdue departure from Pardey's stage managed waffle accompanied by pages and pages of coloured charts that did more to confuse than inform.
I was very pleased to read this mornings RNS title, although I have to admit when I opened up the email I was disappointed at the modest amount, but never the less it was a purchase.
Lets hope he will be inclined or encouraged to make further purchases as time goes on!

It may well have had a bigger impact if Martin Horgan made a bigger buy, but as already said he didn't have to buy at all, his remuneration package will award him shares based on his future performance.
But his buy is a very welcome gesture which demonstrates his commitment to the company and is certainly far more than Pardey ever did!

Hi Razor's,
So no deal is indeed a big deal. The absence of an agreement when transition ends will have severe practical, economic and diplomatic consequences.
It is conceivable that the Government believes it can ride these out, hiding the economic shock behind that generated by lockdown
https://ukandeu.ac.uk/a-no-deal-brexit-is-a-big-deal/
Being outside the EU regulatory sphere implies additional hassle and fees. Businesses will face extra bureaucracy to ensure their goods meet EU standards before they can be sold there – even if UK standards remain the same. And goods will be checked for conformity with EU standards. Tariffs, meanwhile, imply higher prices.
https://ukandeu.ac.uk/brexit-and-policing-cooperation-in-ireland/
The Irish border is 310 miles long, with over 300 crossing points. Due to its porous nature and notorious difficulty to police, the Irish border has long been exploited by people seeking new opportunities for criminal enterprise and those seeking to evade prosecution.
"If we come out without an agreement it is certainly true that the £39 billion is no longer strictly speaking owed."
Boris Johnson, 25 August 2019
It’s not clearly set out that the UK would be obliged pay anything if we left with no deal, but the EU could take the case to the International Court of Justice on the grounds of the UK’s repeated commitments to pay.
£39 billion has long been cited as the total size of the “divorce bill”. This is the amount the UK would owe the EU after Brexit to cover its outstanding financial commitments to the EU (things like commitments to pay into the EU budget until 2020).
https://fullfact.org/europe/no-deal-divorce-bill-payment/
At a press conference Jeremy Corbyn showed 451 pages of minutes from meetings between UK and US negotiators, which he said confirm the NHS is “on the table” in a future trade agreement.

The leaked UK documents (which appear to have been posted to Reddit detail six meetings between July 2017 to July 2019, and show UK and US negotiators discussing a large number of trade-related issues, most of which are not linked to healthcare. They do cite US negotiators bringing up the issue of pharmaceutical patents and drug pricing, though they do not give an indication of the extent to which UK negotiators agreed with the US position.

https://fullfact.org/europe/no-deal-brexit-2020-end-transition/

Really excellent Mr Gnome, thank you for making us aware, certainly an appropriate saying in the circumstances!

Tibbs

Quite so Mizolgit, Cooperman & Mr Gnome, we have been around and in Centamin long enough to recognise the spoofer's, the servile sycophant's, the actors and those with a hidden agenda.
Sukari has always had the potential to be a world class mine, but unfortunately self interest, nepotism, complacency and a lack of the appropriate professional competence and strategic vision ,not to mention a pile of a uncleared crap prevented it from dong so.
From the Capital Markets presentation it seems clear that under the leadership of Martin Horgan and with the implementation of his strategic plan Sukari will finally achieve true world class mine status !

Xtw2,
The RBC analysts had there nose's put out of joint because they were actively supporting the Endeavour hostile takeover bid for Centamin and it failed.
The problem with so many analyst's and stock trader's is they are only interested in a quick profit or the next quarters results and pay scant regard to long term quality.
Its this type of culture that has been a major factor in contributing to the Sukari open pit problem i.e. failure to instigate fit for purpose low grade and waste stripping in order to high grade to keep the guidance up in the short term!
No shop floor in any industry can work efficiently or safely and achieve the best results if the staff and equipment working in piles of waste material.
To be fair neither you or the RBC analyst can know Martin Horgan's full forward strategy for taking Centamin forward,but no doubt it will became apparent as time goes by go on.
So as far as I am concerned the RBC analyst can go and whistle Dixie, I have complete faith in Martin Horgan and the new Centamin!

I wasn't aware of squabbling as such, just members expressing their differing views.

Thank you for your good wishes xtw2, I feel reasonably confident that Centamin share holders should be very satisfied as more updates are announced and as the progress being made in many areas of the Centamin operation become apparent over the coming months.

Hi Marmot,
Good to hear from you again.
Thank you for your thought on NFP and the Cartel, they concur with much the opinion of a London metals trader acquaintance of mine.

ASME,
Welcome to the forum.
An excellent summing up of Centamin & Gold!

Zambianminer.
A very balanced but pertinent response if I may say so, from our personal circumstance and what life throws our way we all develop our own opinions, but should reserve the right to have the courage and decency change them, none of us are perfect and indeed shouldn't be afraid to learn from others, indeed I have learnt a great deal about many things on this forum.
I have no wish to ask anyone to prove anything, they shouldn't need to, because respect and trust of others is based on one's actions over time.

Prof,
Nobody has been abusive to Sotolo, in fact they have been very patient and tolerant of him/her for a long time.

xtw2 .
You would seem to be a trader, the majority on here are investors, that is the difference, we don't pile in and out, its time in, not timing as far as we are concerned, what others do is entirely their own business .
Of course friendly advice is fine, but any advice from traders who no longer have any commitment to this share must surely be viewed with some caution as to the motives of those giving the warning.

Hi Razor's,
With all the money printing the POG has to rise and so will Centamin's profits!

Andrew Maguire breaks down the recent counterintuitive gold price fall, before disclosing tonnes of unprecedented physical delivery requests for November and December Gold Futures contracts.
The precious metals expert explains why the CME and LBMA’s latest price containment strategy is destined to fail, as well as revealing the silver price point insiders will need to quickly to stem backwardations.

https://www.youtube.com/watch?v=sbJ_x82kj30&feature=emb_logo

Hi Siko,
Thank you for the update!
Hope the you and the family are well!

Strange because on occasions depending on the forum Sotolo states he/she never sells any Centamin shares in case he/she gets it wrong.
I hadn't realised Sotolo held 6,343,324,123 Centamin shares, I wonder if he/she is a member/relative of the El Raghy family or possibly just an rich eccentric, as he/she lives in a flat above a garage on or close to the site where he/she intends building a house.
I have never understood Sotolo's trading/investment strategy but if I held that many shares I certainly wouldn't be living above a garage!
I hope the his/her sale of Centamin to purchase HOC was done within an ISA otherwise he/she will have quite a CGT bill.
We used to have a member Pushmepullyou, their posting style was so similar to Sotolo's,strange that!

Thank you Mark,,
Your informative contritions to this forum are I am sure greatly appreciated by the majority of sensible investors on here, but no doubt disliked by those who try to sow the seeds of doubt!

xtw2,
You must be writing this with Sotolo in mind he enjoys a daily dose of pessimism!