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Mr Tibbles thanks for posting this; it is impressive if frightening how successful the fake news proponents have been in tarnishing the 4th estate, the 4th pillar of democracy, so that now made up news is thought by many to be truer than the real thing. Undermining psb’s is a key part of this, and a great success story for Moscow, although it has a long history from Octavian falsely smearing Anthony for his affair with Cleopatra to Lord Northcliffe Goebbels and Stalin, however never has there been technology like this to disseminate falsehoods so successfully, as the St Petersburg troll factories did in recent elections. It is becoming hard to know even when what we read about Cey is true when so many believe what they read on the net that tarnishes those working so hard to give us the truth. So I may not agree with you but thank you especially when you talk about Centamin from an honest if not always informed viewpoint like most of us.
Kind of you to remember, dividend probably 2c or if we are lucky 2.5c, ie halved since 2022 and worse since earlier, so sadly the house now just a dream, I feel very guilty to my spouse, and tharisa to which I moved some Cey has been even worse with lousy prospects. Each time gold gets to this point….it seems to fall back again, the price in real terms is down over many periods while costs of course rise.
Tibbs, gold is within £5 of its a time high, now the company is more steady as she goes methinks the share price is far more affected by the swells of gold that mining a few more or less punces etc, I remain hoping…have a gt weekend
Sadly I have remained fully invested only adding over the years, I still haven’t sold a share, other than a very few last autumn to help buy a new car. I was unaware of the Karo share purchases posted here with notes to accounts, it is not me who posted these and the questions, so criticize them if you want. I have never claimed to have the sort of knowledge many on this board have, which is partly why I am keen Ilja explain what all this actually is, as I expect there may be a simple company accounting explanation and they do not rally value Karo at over a billion when buying shares, he is usually so forward so a bit worrying on top of the somewhat scary posts. I still have all 542501 which have halved. Have never shorted wouldn’t know how. I correct only on things I know about like world ev sales and how marginal changes can have a multiplier effect on PGM prices. I have been right about falling PGMs but hold for the wonders of chromium that has so far survived the Chines slowdown well. Just want Ilja to explain the posts that have come this week to me as beyond my knowledge level. All best and I appreciate all views and questions here, this board is not just to ramp shares but for the knowledgable who have posted this week to illuminate us about worries too, and for Ilja to comment on these as well as the positive. Thanks and good luck all
Shares still gently falling, still no Ilja?
A. Sadly UK is not a large part of world car market
B. China is around 40% for all plug ins and 26% for bev’s
C. A marginal difference to demand with similar supply makes. Big difference in price and this is a very large difference in demand even in a growing market
Thanks, but the world platinum investment council would say that…
Ilja, are you there when we need you or only when we don’t? Your absence wouldn’t be so concerning if you were not usually anything but silent. Please enlighten
Mr Graulich, would really appreciate your insight on this, thanks
Are you saying Tharisa bought 8.7% Karo for $93.6m, ie at a valuation of over $1 billion, surely I must be reading this quite wrong, please wiser or more financially literate explain it to me and of course Ilja keenly awaiting your wise illumination.
Ilja, it would be great to have your usual illumination on this, many thanks
Like your last line justifying putting this social media diatribe on the Centamin investment board. I could answer about US politics, whether Obamacare better than before it etc, but here is not the place and what is the point in the face of the usual u fightable long term cyclical advance of ghastly strong men from Al Khameni in Iran to Putin in Russia Xi in China, Haniyeh of Hamas, Netanyahu, Erdogan, etc etc, all promise what you suggest Trump does, winning wars; logically not all can as even USA found from Vietnam to Iraq. Some of us still champion democracy as best of worst but as you say fewer, you think all this should be good for gold but its price seems more driven by real interest rates that its quick knee jerk reactions to outrages, so maybe gold will be up a bit this year but maybe not the soaring you see from the TV star you appear to champion, late stage Rome boo hoo
Bangrak, something like what when what they mine sells for less than it costs to extract, exactly how to reduce costs and what if this long secular price fall continues as seems likely…
Thanks Mike, so ignore theSA HC Ferrochrome and Turkish prices, wonder why Ilja posts them,
Ilja, thanks for your weekly basket figures but please which of these three is most important to us or all equally so as the first seems to be gently descending while the last rising?
SA Cr203 concentrate 40-42%
SA HC FerroChrome 50%
Turkish CrO, lumpy 40-42%