Member Info for Robbie11

The misconceived and deeply damaging invasion of Ukraine by Putin has not only exposed the dictator is his true colours but has transformed the long term outlook for gold. This is a turning point for cey which can lead to a fundamental reassessment of its prospects for the future. Google Pierre Lassonde for a detailed analysis of the consequences of Putin`s actions for the gold price in the short to long term.

The best news we have received since Horgan took over. Now that he is taking the reins himself and has shown faith in his team it reflects confidence in his own strategy.

January2, when the share price was was 7p the oil price was negative! There would have been no backers for a buy out.

I wonder if we are underrating this guy. Maybe this plan is keep the share price low and take the company private with the backing of a few carefully chosen private equity firms. Disappointing that private investors can no longer listen to the company`s results presentation.

Material buy by Hogan is required. He still only owns 45,000 shares !

Cowichan,
Just say it as it is.

Mr Hogan is being paid £2million plus a year tax free and owns 45,000 shares. He`s a big boy and needs to know how shareholders feel.

No I don`t see us going to 80. In the last 2 days the major Western central banks have revealed how far behind the curve they are in having a strategy to combat significant upward pressure on inflation. I would be a good opportunity for Mr. Hogan to put his hand in his deep pockets and buy some shares. His ownership of a merely 45.000 shares when he is being paid over £2.0m a year tax free is lamentable. Unfortunately we are probably in a close period for such a purchase.

On the Fed`s current course the economy will remain hot hot and inflation will go much higher. Democrats heeding for a beating next November.

There`s nothing hawkish about this Fed. They are still printing. Actions not words is what counts. They say they will stop printing in March next year and interest rates might hit 1 per cent by December. That`s no remedy when inflation is 9 per cent and rising. Expect to see the same in reaction from the BOE today. The RPI hit 7 per cent yesterday.

Central banks are still relevant as they control the printing presses.

Fed`s crazy policies helping us this morning,.US inflation hit 9% last week and they decide to continue with QE until March next year. The permanent officials believe in policies that will stoke inflation and the guys who meet once a month aren`t prepared to tear up the papers that are put in front of them. That`s life.

Kando,
Your analysis is broadly correct, but it is not just the Fed that is clinging to a false analysis the market has a whole is doing so. The consensus Wall Street forecast for inflation averages around 2 per cent although today`s inflation figures have hit 9 per cent. They too have to believe it is transitory caused by temporary supply constraints otherwise their forecasting models break down with dreadful consequences for asset price forecasts and in their own remuneration. Any meaningful tightening with have a long time scale before it takes effect. and therefore in my humble opinion high inflation will persist for some while. The consensus scenario also requires the gold price to remain suppressed so that it goes not give a signal that serious levels of inflation are on the way.

Biden has picked Powell and he is considered the hawk! Laugh out loud.

Now down below the placing price. JP Morgan will not be best pleased and may feel somewhat misled by AB. Welcome to the club !

Could you please use another platform on which to air your political views as they have no relevance to the case for investing in Cey. Ironically the Labour Party will demonstrate how out of touch it is when it loses the Hartlepool by election.

Maybe, Hogan thinks we will forget he has only bought only 40,000 shares with cash out of his own pocket when he is being paid £2m a year tax free.

Dagger,
No need to look down the back of the sofa. Mr. Hogan is being paid around 200k per month and as the company operates from Jersey I would be very surprised if he is paying PAYE like us mugs. Martin get buying !

I`m afraid these buys by non execs just don`t cut it. It has to be by Hogan for 500,000 or so. What`s he waiting for he`s earning over £2 million a year and into his second year.

Small purchase by a non exec has no impact. As I said yesterday only a meaningful buy by Martin Hogan will make an impact.

Dagger,
Six months ago the FD and Chairman bought a few, but for a highly paid CEO to have bought only £20Ks worth is low on financial commitment.