Member Info for Rebess

Wow Siko - Another record broken.

market - hi Try buying or better still selling. - Implying that it's difficult. - Who do you deal with? - It's the easiest, quickest and most efficient trade you can make. - Let me know if you need advice, I'd be happy to help. - cheers.

Broke through $9000 today! - Whatever next?

Hi uncertain - The problem is there's no volume to speak of in supporting a break-out. - MO

Uncertain - hi I reckon we'll be touching the line after today. - That'll be for the fifth time since April. - Unfortunately, on every previous occasion, the SP has always retreated from this position. - We need the momentum to carry on for the rest of the week to confirm breakout.

MrBrains - hi - It's interesting that you use the word credibility as some sort of comfort statement in that the CME is a regulated futures exchange and by implication everything will be above board. - What is being proposed is not a futures contract at all but rather a board-game betting against it's price and I suspect with the ultimate aim of controlling it's price. - It's not a futures contract as futures were originally intended. - It is clearly, in my opinion, an instrument of control through manipulation. - I have a feeling that fingers may get very badly burned here. - Freedom to engage in such activities under so called regulated conditions means they can create a futures market in anything providing settlement in cash is at it's centre. IMO

Also, the highlighted free cash-flow discrepancy, due to profit-share, between Q3 last year and Q3 this. - The current productivity drive whilst not affecting the arithmetic of the profit share will contribute towards an increased growth in it's value. - It'll be interesting to see what the combination of an extra crusher and higher grades will produce.

Hi MrBrains - Yes and the Bitcoin futures will be settled in cash not bitcoin. - Clever eh? - So, the theory is, they won't have to touch bitcoin at all to affect the price. - That's the theory. - Wow. - How to take control without even trying. - It's clearly being introduced as a control mechanism, let's see if I works. - I have a feeling that there might be some surprises.

There is a descending wedge pattern clearly visible which has been in place since mid-April. - A clear break-out above the line of descent is required I feel to create momentum. - Unfortunately, every time we return to this line and threaten break-out the SP touches and then retreats. - It's happened 4 times so far. - Once again we are slowly moving towards the line so it'll be interesting to see what happens this time. - I'll keep you informed.

Relative to plan, things could not have gone better. Centamin has proved to be a worthy and reliable partner. - And yet, in spite of that, they have been treated like sh*te. -

Mr Brains - Hi - Thanks for your input. - It's very useful to have a professional take on such issues and helps broaden understanding. - Many thanks.

Bubble - hi I've often been mystified by it all, it's the cause of so much frustration expressed on here. - Another mystery, to me at any rate, is how, at times, there can be so much SP volatility on the back of relatively tiny volumes of trading. - I mean, how does that work?

leganis - hi - Not an easy question. - So far as you know, does the contract signed by Resolute contain the 'Production sharing' T&C's?

Siko -hi - And so it continues, the mystery of the workings of the Egyptian Government and it's departments. Robbie made a point in his recent post highlighting that anybody can walk in off the street and trigger litigation against properly awarded contracts. - We as Centamin shareholders are more aware of this than most, except that in Centamin's case it wasn't just somebody walking in off the street. AlFakharany was part of a well thought-out, well choreographed plan, supported by authority, evidenced by subsequent comments from leading judiciary. A judiciary that were too quick to pass sentence in my opinion. - Once again a similar scenario emerging. - If I've understood you correctly the applicants were not aware of the production sharing T&C.s - Why not, were they not contained within the documentation? - If they weren't, I would venture to suggest that it was deliberate in the knowledge that the oversight would have to stand. - Nice one! - It bears all the hallmarks of the same conspiracy that attacked Centamin. - It also explains how Lord ElNagy was probably used as a proxy. - AIMO

The mystery of a rising POG and a falling SP. - Not affecting our peers it seems.

Good morning Mr Brains I recently bought some Pork Faggots at 'Iceland' - They were a product of a company called 'Mr Brain's' - You are not he by any chance are you? - PS. If perchance you are one and the same, I think a little more pepper would not go amiss in the recipe. - cheers.