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If the SCC ruled invalidating law 32 around June, it would be Ramadan and the beginning of summer holiday in Egypt where courts are kind of closed and normally reopen in Sept-Oct, and that's when I think our SAC case could restart, but I have no idea how long it could take. In ideal world you would think that the SAC had suspended the case when they collected all the necessary information for the ruling, so really it should not be long. The only thing I could think of that could cause a further delay would be if the members of the SAC changed by then as of course new ones may need time to look at the case again, but as we know this is the Egyptian legal system and nothing is logic when it comes to time.

Once again, all this would happen IF the SCC agreed with the commissioners regarding invalidating law 32, and to be honest I think they would because their report is too bad.

07.05.2017

There is no more info out other than what I found yesterday, so everyone would try to guess the reasons behind the SCC's decision.

At the end of the hearing yesterday, the SCC just announced the decision, there was no explanations or reasons, and as it sent it back to the commissioners, there was no date set for the next hearing.

As you all know, the commissioners report is advisory, the court could ignore it, as we have seen before in CEY case at the administrative court, also the SCC does not have to listen to arguments from both sides, the court would only listen to the lawyers if the court thought it was necessary.

My thought is that maybe the court saw some good legal points in the argument of the lawyer defending law 32, he raised two massive points (the right to file the case and the validity of the parliamentary approval).

The lawyer defending law 32, Mr Shawky Elsayed, is one of Egypt's top constitutional experts and he is used to appear in top cases, he even represented the owner of Madinaty. The commissioners report was so negative and anti law 32 and raised many points, so maybe the SCC found it too hard to ignore it and brush it aside, especially with law 32 not going down very well with many people.. so may be the court decided to refer the case back to the commissioners, with the points raised by Mr Elsayed, for them to have another look and consider his views. It would look much better and would be accepted easily by everyone if both could agree on the decision, whether it was to approve or not.

I personally was expecting the SCC to find law 32 unconstitutional and cancel it, especially after reading the commissioners report, but now and after yesterday's development, I'm not sure, because if that was the court intention and with the commissioners report recommending so, they could have easily adjourned for next meeting and ruled to cancel it, for them to send it back it could only mean that they are still thinking about it.

All this is just pure guessing and my personal thoughts, so I could be totally wrong. I will kee

Court Case lost documents Siko posted 20. 11 .2013
I have just had a long discussion with Mr-Egypt's lawyer who attended the cc today and I asked him many questions.

These are the details of today's session which lasted for 45 minutes:

-This new court is formed of 8 judges, 3 from the old court -which ruled on 20th March to postpone the original ruling- and 5 new judges including the main judge, who seemed to be a very fair man.

-The first thing the judge did was to ask Alfakrany why he was suing everyone?! Also the judge told Alfakrany not to talk after realizing that he was not a lawyer, and especially after Alfakrany did not stand up as the judges entered the room and the judge ordered him to stand up.

-The judge asked Alfakrany's lawyer to explain the whole case as it was new to him. The lawyer explained all about the agreement and its conditions, then the judge asked what the problem was, Alfakrany's lawyer said that according to the agreement if CEY worked outside the agreed area or submitted any forged documents then the government could cancel the agreement, the judge asked (what did they do wrong and what forged documents did they submit?) , the lawyer said that their entitlement was for 3 sq km only, but they worked outside that area, and that was a clear breach of the agreement, and later they got the minister to sign a contract for that area!

-Then the ministry of petroleum's lawyer intervened and said that the whole case was a total waste of everybody's time, including the court, and said that the administrative court was not even entitled to consider the case at the first place because the agreement was a law approved by the parliament, and confirmed to the judge that all the correct legal documents were submitted in the file, including the agreement and the contract. The judge tried to find the contract in the file, but it was too big and could not find it straight away, so the lawyer told him that he will submit another certified copy on behalf of the ministry of petroleum, as the one in the file was submitted by CEY & EMRA. (This is the first time the ministry of petroleum gets involved).

-Alfakrany then tried to talk about the unfair conditions, wasting public natural resources and stealing the gold, the judge told him (This is an administrative court which only considers whether the contract is legal or not, and will not consider anything else. This is a documents only court and lawyers sometimes do not even get the chance to talk because the court only considers documents).

-I asked Mr-Egypt's lawyer about his feeling about the cc, he said that he felt very positive after today's events.

-I asked him about the final ruling and when to expect it. He expects another adjournment on the 25/3/2014, and then on that following one it could be booked for the final ruling (so 1,2, then final ruling), and he guesses about 6-7 months from now it should be all done (This is all his guessing)
12th August 2017-08-1

sent to us by our old friend Mac who used to have close contact with Capital drilling

Centamin were at Hamama three weeks ago I know this first hand 3 vehicles plus armed army guard how do I know this ??? I was there ? the locals get from the pharonic mine at Hamama 2 up to 90rms per ton using mercury I know this ? sat watching them ?? the Sudanese were working the mine shaft ?? and were finding small nuggets ?? 1-2-3 grms ?? they left when one of them died in a tunnel collapse ??? trust me when I say there is a big difference when you are on site/// to sitting on a train ??? and there is no licence for alexander nubia ?? since the fall of morsi it would be unconstitutional to do so, as all contracts have to be ratified by the parliament ( to understand the Egyptian mind ?? look at what you have under your feet ?? not to the future ?? any way Alexander Nubia is in Shelatine and that is south of Marsa ALam, not north towards the hamama site ??? the Russians were the last guys to hold rights there ?? sat in the café on the Quena road outsite the mine called bir um fakire ???also sat with the local Bedouin tribes the ? mizre ?? and I know first hand that hamama 1 and two are perfect for open pit mining at Hamama one look by Satalite and you can see the workings of the Sudanese ??? looking by laptop.. for your research.. and visiting these places ?? big difference I spent 18 months on the ground ?? as for recent gold exploration reports these were done at some previous sites indicated at 38 grms per ton by drilling sample ?? these samples were for open pit resource along a 40 mtre drill lenth ??? but 40 km from Hamama and south of the Quena road not north ??

I went to the Sukari mine ??? the gold bearing minerals are stored in batches ??? [Link Removed] .. b and c have been put together for processing using there recently commissioned HYDRO-CYCLONE technology they have two massive fully operating hydro units >>> with two pipes pumping water from the red sea ??? and yes water is very important in the use of this technology as 98% recovery rates can be achieved ? they have requested further permission from the Egyptian government for a re licence of a nitric acid processing unit ?? for a fully operational winnowing plant... over 11.4 million ounces of grade c and b oar ... in storage awaiting hydro cyclone ?? as for the licence for a tude ??? for Centamin this would make sense ?? there is no water there but the proximity to Sukari this material could be transported by lorry ??? 30 km they could go for the option of dry extraction 60%-70% recovery rate and then transport by batch to the hydro cyclone to extract the rest ?? this would make sense as new x-ray technology can identify if the material has gold or not ?? the knot is kicked off the conveyor belt the material containing gold is then processed ?? this dry extraction technology was developed by the aussies they also have no water ??? a small dry extraction machine 300 tons per hour cost

www.youtube.com/watch?v=BDckA5FtbiU

www.youtube.com/watch?v=mTulOJ3SDbQ

the president of Egypt discussed this company just last week on TV he said Centamins court case was just a matter of ticking the boxes as there is no third party case to answer ( the bought the company Pharoes gold ? I have just spent 18 months in Egypt in and around the Sukari mine if you would like to know what they have look at you tube video illegal gold seeking Egypt 2 this is 6 km from the Centamin site I also seen Centamine at Hammama 1 and Hammama 2 and a place called a tude where 800grms per ton are and still are being mined by the locals with just basic machines... a lorry was stoped by security services ( the army ) making its way to Alexandria ? with 32 tons of material stoles from the Sukari mine this had a massive amount of gold hidden on the lorry ?? also I was in the desert and Centamine security passed he stopped and had a chat ?? we noticed on the back of his vehicle a box full of gold ( the hydro cyclone is now commissioned ... the materials for processing are stored by group A B C b and c are the lower grade deposits ?? the underground mine has had samples taken ?? and some of the shafts have been sealed by concrete ?? this to my knowledge is in excess of the almost 200grm per ton the gold load strike is in a north north west direction the same direction the underground mine runs ( WATCH THE VIDEO AND MAKE YOUR OWN MINDS UP ILLEGAL GOLD SEEKING EGYPT 2 )

If Centamin take the licence for A TUDE >>and if EL-Raghy is looking at this or his investment board get a move on this is a mountain that has been raised to the ground by the Egyptian illegal mining, and the Sudanese, and until SISI took over as president the Sudanese were in Egypt in huge numbers , more than 20.000 were mining at one point ???so it takes one and a half hours to drive around a tude ... with the information I have it could be the biggest gold field in Egypt dwarfing the Sukari mine ??? 1000 times over ??? then you have Hamama one .. and Hamama two it looks by the gold found in this area that the two fields are linked together these are perfect for open pit mining ??

Centamin were at Hamama three weeks ago I know this first hand 3 vehicles plus armed army guard how do I know this ??? I was there ? the locals get from the pharonic mine at Hamama 2 up to 90rms per ton using mercury I know this ? sat watching them ?? the Sudanese were working the mine shaft ?? and were finding small nuggets ?? 1-2-3 grms ?? they left when one of them died in a tunnel collapse ??? trust me when I say there is a big difference when you are on site/// to sitting on a train ??? and there is no licence for alexander nubia ?? since the fall of morsi it would be unconstitutional to do so, as all contracts have to be ratified by the parliament ( to understand the Egyptian mind ?? look at what you have under your feet ?? not to the future ?? any way Alexander Nubia is in Shelatine and that is south of Ma

who brought the original case against EMRA & Cey
I will take my CEY hat off and tell you all honestly what I know about Hamdy from a neutral point of view.
-Hamdy is an engineer, and his friend -Wael Elsaid- is the lawyer who represents him in courts, so all his cases do not cost him anything as they both share the same views.
-He calls himself "The first fighter against corruption".
-He has been filing cases for a very long time. This is not something against a certain government. He has been doing this since Mubarak regimen, started with Madinaty case and continued during the interim military government, Mursi and now Sisi.
-Not many people share the same view as him regarding the court cases, and he always asks people to attend the hearings with him, but very few people do.
-He is popular in his home city "Almahala", where he sometimes wins as the MP.
-I think court cases is something he really believes in, and I personally do not think he does it for any financial gain.
-When I look at his cases, I could see that he only considers the contracts and nothing else. He does not look at the whole picture and the long term benefits of these contracts. For instance, Madinaty case-Egypt's biggest administrative case- where he is disputing selling a huge piece of land -33million sq meter- very cheap, I actually agree with the government on this one. Only 7% of Egypt is populated, while 93% is desert, so the government sold a huge piece of land in the desert very cheap, where the investor was going to build all the infrastructure and build a state of the art new city and the government to take 7% of the built units, I think this is great, and just for your information, they city is nearly finished now and the whole area around it is getting built by other investors and it is one of Egypt's most expensive areas now, so good thinking by the government, while on paper and in black & white, they sold it very cheap. So would the judge just stick to the law and look at the actual value of the land which was sold cheap, or use the spirit of the law and consider the whole benefits of the project and all the developments and the jobs that have now spread around that area??
-I have seen all CEY actual CC papers from the first ruling to commissioners report, and honestly there is nothing solid Hamdy has provided. He is just shouting unfair, cheap, corruption.. but there is nothing.. not one single document to support any of his claims.

09 October 2014

SUBJECT: Production lifts with Stage 4 ramp up, 4Q set to approach or exceed 600koz pa

IMPACT: Positive – the benefits of increased tonnages from Stage 4 came through during the quarter with a 15% lift in production despite ~flat QoQ grades. With much higher grades expected in the fourth quarter per our September site visit, we expect production to keep rising as 420koz guidance was maintained. Of note, even a 20koz miss implies at 600koz run rate, the positive implications of which, when compared to 500koz pa guidance long-term, should dwarf any implications of a potential miss on guidance.

DETAILS: Centamin pre-reported 93.6koz in 3Q14, up 15% QoQ, but 17% under our forecast. Plant throughput hit a record 9.6Mtpa as the new Stage 4 circuit ramped up. Commissioning there proceeded well as ~10Mtpa nameplate was consistently achieved during the period, with potential for this to be exceeded going forward flagged by management. Open-pit mining rates lifted to ~45Mtpa with a 50% increase in ore mined both on the quarter and our forecasts as the approval for increased daily ammonium nitrate usage reached tis final stages. The underground mine also hit a record of 992ktpa with grade up 15% on the quarter albeit lower than our forecast. Progress was made to access higher-grade stopes, such that underground grade should increase later in the year. This, in tandem with higher open pit grades heading into the fourth quarter allowed Centamin to reiterate its guidance of 420koz for 2014.

Sukari 3Q14 production against prior quarter and GMP forecast

Source: GMP; Company data

OUR VIEW: With Stage 4 now ramping up we saw not only the benefit of improved tonnes, but, for the first time, a nod to the potential for this to lift over 10Mtpa, while grade stayed broadly flat QoQ. We’ve previously well flagged our view that 11-12Mtpa is achievable, including a 1Mtpa underground contribution, taking steady-state nameplate closer to 600koz pa than historically guided 500koz pa. We estimate 3Q14 grades were broadly flat QoQ at ~0.8g/t and ~6g/t for the pit and underground, respectively. With pit grades of ~1.2g/t and underground grades over 9g/t being mined on our recent site visit in September, we expect to see the fourth quarter reflect a double improvement of continued plant throughput, but also rising grades, which should flow through to a record quarter and falling costs.

Given 249koz production ytd, 420koz guidance implies 171koz in the fourth quarter, or a phenomenal 684koz pa. Mathematically this could be hit with an 11.7Mtpa run rate, improved recovery as the new kiln / elution circuit kicks in, ~1.2g/t from the open pit and ~9g/t from the underground. We think that even if this is missed by i.e. 20koz, the positive implications of being at a run-rate of near or even over 600koz vs. 450-500koz long-term guidance would vastly outweigh the negative of a small miss, so eagerly look forward to a stor

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