RE: Doropo : By The Numbers21 Oct 2023 02:49
Hi autonomy,
Before investing in any company, not just Centamin it is prudent to say the least to do research from varied sources including forums like this one.
As a former shareholder Cowichan has gained some considerable knowledge about how the company operates , possibly more than many other investors, one that comes to mind is the present reluctance to answer any questions that might not adhere to the company slant on things!
As a long term shareholder that has been disappointed far too many times than delighted by a management that has proven itself to be less than truthful with the market and its investors I urge everyone with any investment in Centamin to follow Cowichans example and keep asking questions, it is after all investors right to get straight and honest answers rather than company slick PR baloney!
Lets face facts ,despite the slick presentations of Martin Horgan and the employment of FTI a much less knowledgable agency, although possibly more willing to be complicit with the present comapny policy of being very selective about what information is passed onto shareholders the market remains unconvinced!
The present POG is near $2000 yet the Centamin share price is less than 85p but despite this the directors won't demonstrate faith in their own company policy by making some meaningful share purchases!
Cowichan may not hold shares at present, possibly he is wise not to do so, but that said I certainly do and should the company wish I can prove it, although I appreciate I could sell out and move on in my opinion that would be letting the company off the hook, so I shall retain my right as a shareholder to praise when appropriate, but also hold the company to account and at the present I suspect that we aren't being told the full facts and instead are being led up the garden path by very polished PR baloney!
Everyone must come to their own conclusions, but they also need to take off their rose coloured glasses and ask themselves just why the share price languishes at these levels,t here is likely a good reason!
I have given the company the link to this website and I am more than happy to enter into an honest and meaningful dialogue with them, possibly even getting some of Cowichans questions answered, they have my contact details.
Considering the failure of the Eygptian projects to yet deliver the promised results after over thee years of huge expenditure I am seriously considering contacting the financial press and the UK regulators to express my dissatisfaction with the way that shareholders are possibly not being given an honest appraisal of the full acts and tthat here is a risk that many millions of dollars may well be squander ed on yet another unfinished and commercially unviable project, that being Doropo!
Tibbs