Member Info for mrtibbles

But what about Putin & Co?
Remember what happened with BP?

Good points Cowichan!

Typo below- should read "October should hit 50k and if the next two months-"

Hi Byron,
You could well be waiting a very long time for that £1 entry point as the next quarter should be much better, October should hit 50k and if the next two quarters are similar then the bottom end of guidance will be achieved.

I haven't actually seen the details/quantities in a report, this was explained verbally, the subject was also mentioned in one of the quarterly report telephone Q&A a couple of years or so back.

Mr Bond
I did get a reply some time ago on this subject and it seems that the coordination between UK and Egyptian PR is somewhat lacking at times.

Other mineral content?
Hi Dasut,
Last year IR explained that there are considerable amounts of silver, copper that are recovered, they also referred to the Tailings" as having high contents of other precious minerals.

Hi Dasut,
Yes I agree that would seem to have been the case, lets hope that he is given more accurate facts in the future!

Fair comment Dasut, although if the general manager has no mining experience then he shouldn't really be be making statements in the the Eygptoian press on future production output.

Thanks Dasut, you hit the nail on the head about the general manager, so why not get a GM who has the mining experience and be honest and acknowledge the real role that Youssef plays?

Seems that Andrew Pardey was out of his depth and wasn't giving an accurate account of the true state of things at Sukari.

Sorry typo below should read - Andrew Pardey" should have been well aware

Hi Dasut,
I am assuming that Andrew Pardey" should have been well about all the production issues you mention and yet he was forecasting 560-580000 oz in Q1 2018 and then in then only three weeks in the production downgrade claimed they were unexpected?
As an former mining industry professional you are well aware of of the factors that need to be taken into account as the mine develops further, so should Andrew Pardey have been.
Also shouldn't the present Sukari general manager know know about these potential issues as the mine develops?
Should the Sukari general manager have ever been making media statements like this? -
CAIRO – 2 November 2017: The Sukari gold mine targets producing 600,000 ounces of gold in 2018, up from 540,000 ounces in the current year, Chairman of mineral exploration and mining company Centamin Egypt Youssef el-Raghy said Thursday.
https://www.egypttoday.com/Article/3/30602/Sukari-to-produce-600-000-ounces-of-gold-in-2018
So now with Andrew Pardey going is it time to also change the Sukari general manager?

Sorry typo below .should read AISC?

Thank you Dasut for the explanation.
So as the tucks are hauling huge loads further and up steeper inclines they will be using more diesel and putting extra wear on tear on the trucks, tyres engines etc which considering the MPG and the price of spare parts for these this type of truck is going to add to AIAC?

Thank you Tornadotony for your explanation, also thank you to Dasut , Rebess, Goldgnome and all the other contributors on here for some really great information and your thoughts!

The geology models that were used needed a lot more work.

So why did this continue for so long, was it laziness, complacency or incompetence?

The ElRaghy family used to hold quite a numbrer of shares in Capital drilling

I hope so too Dealts, but after events since Q1 2018 and with Pardey now bailing out because he is out of his depth I fear that the we are most likely going to knocked down the ladder again tomorrow!

The article you are referring to?
http://news.goldseek.com/CliveMaund/1571689353.php