Member Info for mrtibbles

Wrote to Centamin and Capital last week asking for some clarification on the EMRA alleged overcharge by Capital , no response from either as yet though!

Hi Siko,

I hope that you are well!

Centamin is indeed committed to connecting to the national grid and considering today's world with it's fluctuating prices and the associated uncertainties and effects of of global conflicts meaning less reliable supply chains then having the flexibility of a combination of choice at any time of the Sukari energy supply would seem to be very prudent.

CEO Martin Horgan adds that the company will start with a grid connection project in the second half of the year, which will further reduce costs. The grid connection is on track for commissioning in the first half of next year.

The grid connection involves a connection to the national grid combined with the site’s existing 30 MW solar plant on site. the company plans to install 5 MW of solar power every year for four years from 2024.

https://www.miningweekly.com/article/centamin-declares-53-interim-dividend-payout-ratio-2024-07-25

https://www.centamin.com/media/3019/cey-rns_-4q23-quarterly_final_170124_website.pdf

https://www.mining.com/centamin-unveils-sukari-new-mine-plan-aims-to-over-500k-ounces-production/

https://www.centamin.com/media/3059/centamin-sr23_web.pdf

30 Aug 2024

In this week’s episode of Live from the Vault, Andrew Maguire and former stockbroker, branch manager and GATA contributor Bill Holter dive into the upcoming BRICS gold-backed currency: The Unit.

The precious metals experts share views on the current geopolitical climate and the rising threat of war, discussing how gold and silver markets have been manipulated to control the behaviours of certain groups.

https://tinyurl.com/yp76js2y

Don't worry Pam, this is likely just the usual Friday afternoon knock down, any excuse and likely today its the silly figures from the USA that are being used as a reason to churn the shares!

Most likely this will be back up again sometime next week after the the market makers have taken the opportunity to knock the naive and inexperienced through their stop losses so as to make a few more commissions when they buy back in again!

The Sound Money Defense League is rallying Americans to demand a full and complete audit of America's gold reserves. Accordingly, we support the Gold Reserves Transparency Act which Rep. Alex Mooney (R-WV) introduced in the U.S. House of Representatives in 2019.

https://www.soundmoneydefense.org/audit-americas-gold-reserves

Every year the gold in Fort Knox is ‘audited’ by checking the official joint seals that were placed on all vault compartments during the continuing audits of U.S.-owned gold from 1974 until 1986, when allegedly 97 % of the (Deep Storage) gold was inspected. However, a Freedom Of Information Act request I’ve submitted in order to obtain all audit reports could not be honored. Seven reports are missing.

https://www.bullionstar.com/blogs/koos-jansen/us-government-lost-7-fort-knox-gold-audit-reports/

Agreed Mr Gnome, many a true word spoken in jest!

Hitler gives Trump another call because he fears Trump will win the election and that he's experiencing cognitive issues.https://www.youtube.com/watch?v=kSgyZkPE4TI

Hitler reacts to assassination attempt on Trump as he spoke during a rally in Pennsylvania.

https://www.youtube.com/watch?v=zxnpDmR1V1M

Hi Dasut,

Thank you for that explanation, I may have misconstrued the post, I thought it better to make it clear that any allegation of suspected overcharging wouldn't usually be discussed in such an open meeting.

The same might be said about your "Chipping in"which offers nothing of any help!

Just look past your biased attitude towards Cowichan and myself and you might realise that due to some experience in contractual financial standing orders and regulation that in my opinion it was unlikely that an issue concerning such alleged deviations or discrepancies in the said contractors operational auditing would be discussed as part of this more general PR meeting.

Governmental and company protocols usually dictates that any discussions of such sensitive financial issues would be conducted between just the parties concerned in order to ensure confidentiality until more details or facts are known.

Hi Dasut,

Possibly you are referring to the link below

https://egyptoil-gas.com/news/badawi-reviews-the-developments-of-mining-companies-in-egypt/

Although I would think that any alleged discrepancies regarding the the accounting or auditing of Sukari contracts would be regarded as potentially market or politically sensitive and as such discussed under mush more formal and confidential conditions.

Https://www.capdrill.com/media/investors/Presentations/Capital-Limited-H1-2024-Results-Presentation-vF.pdf

Real Reason Behind Silver's Price Manipulation, Deficit Outlook - Keith Neumeyer

Neumeyer, CEO of First Majestic Silver, at the Rick Rule Symposium in Boca Raton. Neumeyer discusses the critical industrial importance of silver in applications like electronics and solar panels, and he explains the reasons behind its price manipulation by major trading desks. He highlights the alarming 240 million ounce deficit in the silver market and how this imbalance could drive prices higher. Neumeyer also addresses the absence of institutional investors in the silver market and their potential impact if they become involved. Additionally, he shares his bullish outlook on silver reaching triple-digit prices, the significance of the mining ratio of silver to gold, and his optimism about the new administration in Mexico's mining policies. Lastly, Neumeyer predicts a major bull market in commodities, led by gold and followed by silver.

https://www.youtube.com/watch?v=CyJhgHaLBm4

A London trader walks the CFTC through a silver manipulation in advance

Submitted by cpowell on Thu, 2010-03-25 19:41 Section: Daily Dispatches

https://www.gata.org/node/8466

This is posted on the CEY.L and it may be of interest to CAPD shareholders

August 19, 2024

Nuinsco Resources Limited today announced that it has served the Government of the Arab Republic of Egypt with a legal Notice of Dispute on the grounds that Nuinsco’s investment in the el Sid gold project in Egypt has been damaged by the actions and omissions of the Government of Egypt.

The Notice of Dispute is served pursuant to the provisions of the Bilateral Investment Treaty (the “BIT”) concluded between the Government of Canada and the GOE for the Promotion and Protection of Investments. Nuinsco holds license interests in dumps and tailings located in and around three areas: El Sid, El Fawakheer and Attallah, in Egypt’s Eastern Desert, all granted under a Contract for Evaluation, Extraction, and Exploitation of Gold (ore) and Associated Metals. The Contract, concluded in November 2018, is between Shalateen for Mineral Resources and Nuinsco’s majority (70%) owned subsidiary, Z-Gold for Mineral Resources. Shalateen is a state-owned enterprise affiliated with the Egyptian Mineral Resources Authority, also known as EMRA.

Z-Gold has performed its obligations under the Contract, however, its activities have been hindered by actions and omissions that are solely attributed to State organs affiliated with the GOE. Ultimately, receipt of a contract termination notice, received while Z-Gold, Shalateen and the relevant State organs (EMRA) were negotiating to execute an agreement to resolve the impairment of the actions above referenced, caused Nuinsco to deliver the Notice.

------------------------------------->>>>

In addition to this kerfuffle, Capital Drilling has just been hauled before EMRA's new chief to face questions regarding the 4 year waste clearing contract overcharge to Centamin.

Depending on what answers EMRA gets from Capital (Jamie Boyton, Chairman of the Board of Directors, Brian Rudd, the Executive Director, and Khaled Mortagy, Chairman of the Company in Egypt) Centamin's $100 million disputed owing may get 'settled' similarly to above... see you in court, Egypt

https://egyptoil-gas.com/news/badawi-reviews-the-developments-of-mining-companies-in-egypt/

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2683-cse/nwi/165831-nuinsco-serves-legal-notice-of-dispute-with-the-egyptian-government-regarding-the-el-sid-project.html

23 Aug 2024

In this week’s episode of Live from the Vault, Andrew Maguire uncovers how global central banks are ramping up gold buying while the Fed continues its attempts to suppress gold prices and conceal the true extent of the dollar's depreciation.

The precious metals expert provides an update on the BRICS’ gold-backed token launch and discusses the escalating shift toward de-dollarisation of the global trade, signalling significant changes ahead in the gold and silver markets.

https://www.youtube.com/watch?v=Apbcw0IQVpQ

Ask your questions for Andy here: https://forum.kinesis.money/forums/qu...

Hi 3 BEAR,

You need to check your facts or sources because Christian is an industry apologist with his own agenda, GATA have had a long running dispute with him for a number of years!

Bear in mind he disputed gold and silver manipulation years before, HSBC,DB etc. etc. and JPM was fined close to $1Billion for these denied manipulations and the DOJ naming them a criminal enterprise.

Jeff Christainsan is the fraud https://www.youtube.com/watch?v=j6pb1FISdLU&t=41s

Why did BIS cover 500tons of gold shorts just prior to gold becoming a tier 1 asset?

16 Aug 2024

In this week’s episode of Live from the Vault, Andrew Maguire is joined by Andy Schectman, President & Owner of Miles Franklin, one of the first companies to be approved as an authorised reseller of minted products.

The precious metals experts open with a discussion about the Bank of International Settlements Project mBridge, before discussing the widespread repatriation of gold by global central banks amid continued developments in the BRICS saga.

https://www.youtube.com/watch?v=X5mFb4NtPzw&list=PLE1y8hGSqr8ar1gKUdfqFDK5ygLIlrdmz&index=1

Fair comment, luck still plays a great part!

Does technical analysis actually work when trading stocks, options, futures, forex, or crypto?

https://www.youtube.com/watch?v=-ReVVed2Lgs

Thank you Cowichan for taking the trouble to making people aware, you continue to contribute far more information than some of those who criticise you and question your motives.

Some of us will remember the BBC "Jackanory" series, well Trump's manifesto might well have been one of the featured fantasy stories!

"Jackanory, jackanory" said by someone in the sing-song tones of the theme tune indicates that they think that someone else is making up or "stretching" a story, i.e. lying.

https://www.youtube.com/watch?v=KE6-bbdSnn8

Kitco News) – Presidential candidate Donald Trump released his "20 Core Promises to Make America Great Again" on Monday afternoon, which includes the promise to "Keep the U.S. dollar as the world's reserve currency."

https://www.kitco.com/news/article/2024-08-12/trumps-20-core-promises-include-keeping-usd-worlds-reserve-currency

Hi Goldgnome,

So bearing in mind that the author of this article was the same respected and to the point gold mining industry professional who flagged up the now as we realise very valid concerns regarding how Sukari was being run in the past to now speak so highly of the way things are bing done now can surely only be regarded as a valid endorsement of the new management and offer some reassurance to Centamin shareholders for the future!