Member Info for Sotolo

So these analysts are actually forecasting another real fall in the gold price which of course isn’t good for us but like most forecasters they haven’t a clue

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…

Hopefully 2.5c. Which would leave the annual dividend only halved in a couple of years.

Ps this range bound will end and my gu as is on the upside and then you won’t be able to buy back and will stop working

Mary even better sell Hoc and buy Cey whenever 10% above Cey. Sell The Cey and buy back Hoc whenever more than 2% below Cey. This one has been working for years

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%

Mr Tibbles. How impressive you are posting at 2.37, are you still on Cornish time.?

Sorry Langford that posted accidentally as I was doing it. So despite increased ounces and gold price up nearly $200 and aisc down nearly $180 giving an extra $370 approx an ounce, and on more ounces, cash has remained the same year on year presumably with the heavy Capex that was supposed to be through by now?

ounces aisc gold price revenue cash

2023 450k $1,220 $1,983 $892m $153m

2022 440k $1,399 $1,794 $788m $156m

2021 415k $1,211 $1,797 $733m $257m

2020 452k $1,060 $1,766 $828m $310m