Member Info for mrtibbles

1.With the POG @ over $2000 this Friday evening the Centamin share price is languishing @ 80.5p , now why is this?

2.Why then if the CEY and the BOD have such confidence in their present company strategy are they not willing to demonstrate it to the market and shareholders by putting some of their own "Skin in the game" that being by making some meaningful personal share purchases?

3.If the CEO and BOD aren't willing to invest their own money into the company they run and was described not so long ago by Martin Horgan CEO as "Cheap @ 80p!" then why should anyone else?

I shall be submitting these questions for inclusion in the Investor Meet Presentation

Hi Dasut,

As Steve says if you send your questions via the email he posted which is also on the Centamin notification of the event you should receive a confirmation email back.

You can also register and once that procedure is completest submit your questions https://www.investormeetcompany.com/register

https://presentations.investormeetcompany.com/investor-meet-company/CENTAMIN-PLC-Investor-Presentation?bmid=ddb3da7d1562

Dave, it's still in the bottom of the sick bucket, the company share price is around 35% of what it once was with a dividend at around 50% of what it once was and much depleted cash reserves!!

The investor meet presentation is a stage managed and one sided method going through the motions of being accessible but is also of censoring and avoiding any awkward questions and spoon feeding the retail investors the latest company PR spin o n things.

Long term holders have been through more than enough presentation that promise much, but some way down the road, at some point which we never seem to reach, so its actual results that are needed now, although rather than slick pretensions the BOD could give a great confidence boost by making some meaningful share purchases themselves!

Great pity there isn't an "edit" facility, that would be very useful!

Wrong link below,this is the right link

Turkey has hiked its main interest rate from 8.5% to 15%, reversing one of President Recep Tayyip Erdogan's unorthodox economic policies.

The 6.5-point rise was far lower than economists were expecting, but it marked a major shift in policy by his new economic team brought in to tackle rampant inflation.

https://www.bbc.co.uk/news/world-europe-65971791

turkey has hiked its main interest rate from 8.5% to 15%, reversing one of president recep tayyip erdogan's unorthodox economic policies.

the 6.5-point rise was far lower than economists were expecting, but it marked a major shift in policy by his new economic team brought in to tackle rampant inflation.

turkey's leader has until now insisted on keeping interest rates down.

inflation is almost 40% and turks are in the grip of a cost-of-living crisis.

the head of turkey's central bank, hafize ***e erkan, 44, was only recruited from the us this month in the wake of mr erdogan's re-election as president.

https://tinyurl.com/7nnbpp6y

Thank you Kokomo,

Andrew Pardey and Youssef El Raghy were predicting over 600,000 oz in the Eygptian media in 2018, just three weeks later they issued an RNS warning of cut in guidance warning due to hitting unexpected low grades (which they knew about in 2015) and the only underground LHDR self destructed without having a contingency plan or spare parts available!

So most long term holders will believe this article when the promised guidance and the reduced aisc are actually delivered !

A rare opportunity has opened to bring our demands directly to one of the most influential decision makers at the Bank of England; Chief Economist Huw Pill.

Yes, this is the same Huw Pill who said people just “need to accept” being poorer - so this is your chance to set him straight. [1]

Join the Bank of England’s free online event at 5pm on Monday 6th November, and submit a question in advance.

Here are a couple of examples you could use, though feel free to come up with your own!

Do you agree that higher interest rates are punishing the lowest paid? As suggested by other officials at the Bank like Swati Dhingra.

Is it fair that big banks are making billions in windfall profits at the public’s expense due to interest rate rises?

What impact is climate change having, and will have in the future, on the price of food and other goods? Should the Bank of England get ahead of ‘climateflation’ by reducing how much banks’ lend to fossil fuel companies?

Too many politicians and economists are out of step with the rest of us Antony. Insensitive comments and policies that embed inequality prove that. As a people-powered movement, this is an opportunity to come together, get our voices heard, and demand solutions that work for people and planet - not profit.

https://tinyurl.com/2p9znsm3

Welcome MrMyth,

Hindsight is a great thing, certainly to any long term holders!

Don't count your chickens just ye,t or at least not until after the next quarterly update!

Far too much time looking forward, just get on with releasing the results!

Another 3 years, t hope they find something because the mine will only have another seven years left!!

Hi Sotolo,

Yes strange that, must be because the market has yet to be convinced, it will take more than slick presentations whilst the can containing the "Good Times "keeps getting kicked fever further down the road!

Hi Paul,

I believe you are correct $1850

Tibbs

So the clocks ticking and in only ten years Sukari is finished , ironic in some ways as at this rate they will have likely just about sorted the pit operational problems got the power supply sorted just in time for the gold to run out!i

So Sukari wont be any use other than some sort of extreme cycling park unless hopefully some meaningful reserves are discovered in the newly acquired blocks surrounding the main mine.

If that doesn't happen then no more profit share, no more DOD bonus shares and no more divi for shareholders, not mention a share price of zero!

Gold has established itself as a store of value for thousands of years; however, the London Bullion Market Association says it faces further work to establish it as an important financial asset within the larger global marketplace.

After helping bullion banks avoid a funding crisis because of Basel III regulation, the LBMA said they are now focused on getting physical gold recognized as a High-Quality Liquid Asset (HQLA).

According to the Basel Framework, laid out by the Bank of International Settlements (BIS), financial institutions must hold HQLA to cover their total net cash outflows over a 30-day period under the stress scenario.

"In order to qualify as HQLA, assets should be liquid in markets during a time of stress and, ideally, be central bank eligible,” according to the Basel Framework.

https://www.kitco.com/news/2023-10-25/LBMA-faces-challenges-as-it-looks-to-establish-gold-as-a-High-Quality-Liquid-Asset.html

Yet our UK Government won't make Amazon pay its fair share of tax let alone share its profits!ay.

a new Channel 4 documentary shows that Amazon wouldn’t be able to make its huge profits without using our UK oads, but they refuse to pay their fair share in tax to contribute to maintaining roads here in the UK. That’s why over 52,000 of us have signed the petition started by Tax Justice UK, demanding that the Chancellor close the loopholes Amazon has been taking advantage of.

But if we're going to get Jeremy Hunt’s attention, it's going to take even more of us speaking out. So, will you sign today and tell the Government to make sure Amazon pays their fair share of taxes? It will take 30 seconds. After you sign, will you share with 5 people so we can get the petition as big as possible?

https://tinyurl.com/9bf27wdm

[1] UK Parliament: Why taxes?

The Guardian: Amazon’s main UK division pays no corporation tax for second year in a row

[2] YouTube: I Went UNDERCOVER Inside Amazon | The Great Amazon Heist | Channel 4 Documentaries

The Telegraph: The Great Amazon Heist, review: ingenious exposé gives Jeff Bezos a bloody nose

Hi Dasut,

Agree entirely, although over the past decade or so shareholders have endured some very challenging periods to say the least this next quarter possibly ranks as one of the most critical phases in regard to the future fortunes of Centamin, certainly as far as we shareholders are concerned!

Tibbs

The Legacy play of Bitcoin via portable multi key possible via Swan or other partners interface may be possible ?

BlackRock may dominate Bitcoin Etf funds?

Bitcoin ETF approval could come at the end of this year. However, Livera doesn't expect this to happen until 2024.

"Although many experts predict that [a spot Bitcoin ETF] will come in three to six months, I don't believe it will happen this year. Next year is the more likely scenario … in the first or second quarter of 2024, which would coincide with the halving cycle, which is expected in April," he said.

Next year's halving and the approval of a spot Bitcoin ETF are the key triggers in opening the floodgates into Bitcoin, Livera pointed out. "There will now be so many more people investing in Bitcoin through that spot ETF," he said.

Is Outlawing Bit Coin likely?

Steven Livera's of Swan reasons why he sees $500,000 as the peak level in the next bull market followed by an 80% sell off?

watch the video https://tinyurl.com/58kbfstc

Very impressive, especially considering you have told us more than a dozen times that you are day/momentum trader?

Absolute agree Dan!

If I were writing the senior managements annual revive it would state "Room for great improvement, no bonuses until this is forthcoming!"