Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I believe Cowichan makes an important point highlighting the continual flow of 'Bad-news' and the apparent suppression of 'Good'.- It would be easy to think that this is an 'Orchestrated' script. - It's gotten to the point where all news announcements are turning out to be killers.
If they do reply in order to avoid being accused of having something to hide, the veracity of the reply will have to be properly supported. - Therein may lie the problem I'm thinking. - In which case, in expectation, don't hold your breath.
I agree with Tibbs - A BOD that admits that it was unaware of the problems at Sukari, the same BOD that over the years has enjoyed the 'golden largesse' of bonuses and share options on top of their generous salaries, beggars belief.- The rewards for bringing the company down to its present level are simply mind-boggling. - As Tibbs says, it's hardly surprising that trust has evaporated.
Lots of arms sales in play in Ukraine. - Usually big commissions attached.
https://www.occrp.org/en/the-pandora-papers/pandora-papers-reveal-offshore-holdings-of-ukrainian-president-and-his-inner-circle
Good thought Miz - It makes a lot of sense. - There is undoubtedly something simmering in the background, something that always seems to play a hand/influence at the wrong time. - It's been in play for a while now. - You've made me think.
Shalateen - EMRA - - Never forget that EMRA already owns all of the assets at Sukari. Shalateen has moved into a strategically important adjacent location and of course there is the old-chestnut of the court-case. - The CC, unresolved as it is and still casting its shadow over the future of Sukari, could well be a card just waiting to be played when it suits.
Fanciful I know, but you have made a good point. IMO
A low production quarter means playing catch-up for the rest of the year. - The usual story. - For me, and I know I may be in the minority, the continuing bad-news is not telling a recovery story. - It is telling a story, but not the one we want to hear.
Great emphasis on Q2 now, they have to pull out of this seemingly uncontrollable dive. - Unless of course it is a controlled-dive. -
Just announced this afternoon Mr Bond - Might have some interest.
https://kinesis.money/company-news/introducing-business-accounts/
Hi Mr Bond
Kinesis: - Presently, it's a bit of a bind transferring funds and bank-to bank involves transferring funds to either an Australian bank or Indenesian. - Once set-up it's fairly simple then to buy your gold/silver in Kau (1 gram of gold)
- Kag ( 1oz of silver)
It might be better to hang-on for a while as a new arrangement involving a visa debit-card allied to banking-rails will be introduced within the next 3 months. - Once in pla,y it'll be a much simpler/quicker. - One additional thing that may interest : they are close to launching their own Kinesis 1oz .9999 silver coin. - It should be a collectors piece. - Hope this helps.
Thanks Marmot
So, he didn't answer the question as to how many shares purchased. - Instead he highlighted how many owned, which of course will include bonus shares not purchased.
That answer is too smart by half and shows disdain for the questioner IMO.
Pardey had a good go at torpedoing the SP, but the announcement by Horgan that Centamin's current difficulties were going to take 3 years to fix and that it would cost all of the funds held on account was an absolute killer. - Morever, there will have to be fund-raising going forward in order to be able to operate. - What a complete reversal of fortunes from when Centamin was unhedged with no debt and cash-reserves in hand. - I mean, this is market-ed-flag waiving with 'Gusto'. - VonMoltke asks 'what is going on' - a good question. - It seems to me that what is going on is an extension of Pardey's objectives with bells on! The real question is why?
There you go - thanks to the good-offices of Tibbs, a new link.
https://finance.yahoo.com/news/barrick-****stan-balochistan-agree-principle-094500776.html
Sorry Mr Bond - Try this one.
https://www.barrick.com/English/news/news-details/2022/barrick-****stan-and-balochistan-agree-in-principle-to-restart-reko-diq-project/default.aspx