Member Info for mrtibbles

Those on the top table will more than likely do very nicely by delivering lots of promises to the share holders!
Rather be invested in company that is actually delivering!

Have a look at the Tanga Resources Board composition: all accountants; no technical expertise evident, says it all really really, I won't be investing in this outfit!

Hi MrGnome,
Great to hear from you with your usual informative technical information and your reminder of our beautiful natural world during these dark times of pandemic.

Wouldn't get concerned about Centamin actually being taken over any time soon!

Significant Spot Market Upgrades
While our 2021 gold and silver price forecasts are c15-20% above spot prices, we still
see material upgrades on spot prices ($1,917/oz gold and $24.65/oz silver following
Monday's volatility) for 2020 and 2021. FRES remains the clear standout with an
estimated 16% upgrades for 2020 and 2021 on spot silver.
Exhibit 8 - Cons EBITDA Upgrades on Spot Metal Prices
Excess Medium-Term Cash Surplus Highlights Upside
to Shareholder Returns
With strong metal prices and the UK-listed precious metal miners' balance sheets
already in healthy positions by YE20, we see significant potential for additional
shareholder returns, measured by our estimation of surplus cash over the next three
years. For CEY and POLY, we assume no deleveraging beyond YE20 but a modest further
deleveraging required for FRES as indicated by CFO Mario Arreguín that extraordinary
dividends would be considered once the balance sheet is net debt neutral (vs JefE of
$62m net debt at YE20).
Across the three names, the ability for each to return over 25% of their current market
cap through 2021-2023 from surplus cash speaks to past years of deleveraging and
exposure to robust metal pricing

Bristow won't get Centamin or Sukari unless he offers a very considerably improved package with guarantees, what is the likelihood of that?

EMRA have a long established, cordial and already very profitable partnership with Centamin who have all the professional expertise and the necessary plant to get things moving considerably sooner than any new operator
So as you say Mr Bond not long to wait to see !

Really can't see "White Hunter Bristow" being having much success if he tries to deal with EMRA as he does with some of the other African governments.
Why would EMRA possibly want to sell out Sukari anyway, only for a considerably better deal than they have now (Bristow would want to give less) and any deal that would require the co operation of Centamin.

Also -25th Sept 2020

In this week’s deep dive into the gold and silver markets, Andrew Maguire explores the intriguing paper market conditions ahead of Friday’s October options expiry.

With the paper markets evidencing footprints similar to their unravelling on March 23rd, Andrew Maguire breaks down an imminent raid on deliverable physical gold and silver in the COMEX.
https://www.youtube.com/watch?v=fCGpgND6U_A

I doubt Ali cares a jot about the ordinary Egyptians , if Ali gained power he would only be thinking about himself like most of his type!

Hi Mr Bond,
Shouldn't the Egyptian official or officials who promoted this untruth be taken before some disciplinary court hearing,if they purposely lied then it is after all fraud?

Hi Mr Bond,
S

Good point Jeph, thank you also Cowichan for the explanation.

Hi Sotolo,
No dead cat's on here Sotolo, Jefferies didn't rate this at £2.90 for no good reason, possibly they have an inkling of some good times coming for Centamin?
We shall have to wait and see, but I'm not selling!

Same Trump tactics used by our present government !
Nearly a year after the general election, voters remain in the dark about who is targeting them online. Even when the official figures are released, voters will be little wiser as to who was behind the ads that so many saw during the election.
We commissioned two of the UK’s leading election finance academics to look at the scale of the challenge we face. The results found in Democracy in the Dark are shocking, in five key areas – money, non-party campaigning, targeting, data use and misinformation – our electoral regulation is being stretched to breaking point.
Find out more about the findings
https://www.electoral-reform.org.uk/ers-reveals-the-scale-of-secretive-online-campaigning-during-last-years-election/

Too much of our politics is shrouded in secrecy. Digital campaigning remains an unregulated Wild West, and the government must get to grips with this now.
As technology moves ahead, analogue-age campaign laws are putting the integrity of our elections at risk. But with the clear recommendations for change in this report, we can safeguard against dodgy donors, dark ads and disinformation, and restore faith in our democratic system.
Spread the word - and let's build the case for real reform of our dangerously-outdated election rules.

Best wishes,

Electoral Reform Society

Quite so Centamin showing 199.10 on Google finance

Quite so Cowichan, even sadder when an Egyptian gets tucked up by his own government!

Correct Jeph,
https://www.mining.com/egypt-says-1-8bn-gold-deposit-found-in-eastern-desert/

Not off topic at Tiger, very much part of the bigger gold picture, unfortunately the US elected a bigoted and very dangerous clown as president and it won't be as easy to get him out of the White House which he has now infested with his family of Trumptons .
Trump has access to so many ways of manipulating the election and which he is already using to deny the American people of a truly democratic election process.
I can understand why Trump is seen as someone our present UK government (Gove ,etc )as a partner that they can strike deal with, the present UK cabinet and government are like the republicans in many ways, deceitful, manipulating, bigoted ,greedy and unfit for office .
(In the UK despite the environmental impact and destruction of local communities the government carries on building with a HS2 £ 68 billion railway line to get people to the outskirts of a northern city 20 minutes sooner, CoVID 19 working at home with new technological communication aids has shown that so much business actuarial commuting is unnecessary )
The present Covid crisis has exposed the political myths peddled to the masses, this and Brexit will bring about another UK recession and the downfall of the present government.
What will follow and will it be for the better is anyone's guess , but radical change is certainly needed and long overdue not only in the UK, but worldwide.

Interesting programme shows just how out of touch Trump is-
US presidential election: Focus on Texas
https://www.bbc.co.uk/programmes/w172x18ydlx8819

Quite so Rebess. Comex manipulators bunch of crooks and many of them running the market!