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Biden to sign off into law Friday per Bloomsberg. Hopefully the precious metals can move up a little bit more now and especially if USD falls? Lets see what happens overnight when the East wakes up! ATB.

Bloomberg report to be signed into law Friday - so perhaps this will be the extra injection needed to raised our threshold further. If the USD falls this will help us too. Fingers crossed!

Will now go straight to Biden for his signature. Hopefully the precious metals will now respond upwards!! We should follow tomorrow!! Fingers crossed! Not sure if Canadian will catch the rise tonight in advance of London tomorrow. Currently up 1.92% on Canadian exchange under CEE.

Without wanting to take away anyone else's thunder but to add a little on the side. Remember let us not forget the tremendous tax break advantages in re-invest in plant/equipment to UK comps announced in the recent budget and as GBP is rising against other currencies post Brexit those costs to the Company could become a lot less than forecast if already accounted for in local currency.

The OIL/GAS price have moved up quite sharply on reduced OPEC we are told - and that is without the World moving about. Once the Global Pandemic is behind us (which is what CNE mentioned held them back last year) then the Aircraft get flying and the Cars and Lorries get moving them the price will rise even more (even if supply increases) it will be lucky to meet immediate demand. In my opinion what with reading between the lines of what has been said, the bank balance looks very good for it expansion, and demand is to increase through 2021. A great recovery stock short and longer term.

If they follow the London Market traders they will see this share has been held back for too long and now we have good reason for growth in price. Particularly for a GBP held share if the USD falls! Great opportunity.

My live Silver price is now up 3.03% and Gold up 1.95% - expect this to keep going up for a day or two. Mr Biden will enjoy signing off his stimuli for the USA. If the USD falls after the signature we should get a second wind.

My live Silver price is now up 3.03% and Gold up 1.95% - expect this to keep going up for a day or two. Mr Biden will enjoy signing off his stimuli for the USA. If the USD falls after the signature we should get a second wind.

Agree Krake as once the Indian penalty if paid the Company is likely have a share buy back and then as you say the market price will rise quite significantly.
I would not expect they felt the price would have fallen today to be honest. So a share buy back would suit them keep the equitable value of the share.

If the Indian Govt do not pay on time expect punitive excess damages to follow. No doubt the Insurance lawyers will go after this one that could end up being far more than the Court award itself.
Future for Cairn actually to me looks now quite good with the change into future growth.
Looking forward I see a lot of positives in the results issued. Like you have said "aa" there is a lot to look forward to. The balance sheet of the Company therefore looks actually very good cash generation from new contracts as well from operations being sold under the sale contract agreements. New contracts provide better growth than those sold off so future holds good for expansion.

Looking forward I see a lot of positives in the results issued. Like you have said "aa" there is a lot to look forward to. Notwithstanding the fact the contingent Indian Award of USD1B has not been added into the accounts. If the Indian Govt. do not pay this and wilful misconduct is determined no doubt a punitive award which can be at times more considerable than the original award will be forthcoming. I suggest this is met sooner rather than later. The balance sheet of the Company therefore looks actually quite good with a better outlook than most.

We have been waiting for a long time for this run and now it will be fast up for a few days I am sure.
Roll on the Stimuli approval in the house to get the formalities to Biden to sign off and we will be away. I also expect on the signature the USD to fall and the precious metals usually respond upwards so we could well have a good few days here and it has all been well worth the wait. I also see some big players moving in to the Precious metal miners with Schroders taking 5% of Centamin (advised by RNS yesterday) so they also expect the sector now to do well.

Market always works on anticipation and therefore we should get a positive shift upwards for the next few days as the formalities are determined and the bill gets sent to Mr Biden to sign in a day or two.
I saw when the stimuli was even mentioned before we got quite a lift before people got frustrated with the time it was all taking - however this time it looks real and we should continue up for a while yet. Fingers crossed as it will be worth!

So it does indeed look like Schroders were right to notify us yesterday that they have bought 5% of Centamin.
I did say they were not mugs. We should have a run higher now as the Stimuli will be voted upon later in the House and then be passed over to Biden for Signature. So we could have a few days here to come back quite fast.

Maybe Schroders think so? I just got sent a Broker note they now own 5% of Centamin! Interesting as they are no mugs! Fingers crossed for some big movement soon, maybe after the House has sent the Biden package to him for signing!

The Senate approval to the 3 T Stimuli needs to now be signed off in the House of Reps and then put on Biden's desk for signing. He said this is coming and will not take long but never the less we are not there yet (Perhaps over the next 2 days). However I expect the Gold/Silver prices to start moving up later in expectation when we get fuel from the US.

The Senate approval to the 3 T Stimuli needs to now be signed off in the House of Reps and then put on Biden's desk for signing. He said this is coming and will not take long but never the less we are not there yet (Perhaps over the next 2 days). However I expect the Gold/Silver prices to start moving up later in expectation when we get fuel from the US.

The Senate approval to the 3 T Stimuli needs to now be signed off in the House of Reps and then put on Biden's desk for signing. He said this is coming and will not take long but never the less we are not there yet (Perhaps over the next 2 days). However I expect the Gold/Silver prices to start moving up later in expectation when we get fuel from the US.

I see this as a great opportunity for many of the reason you mentioned plus :-
Reports are US Stimuli to have a note in the Senate on Saturday - This will increase precious metals prices.
US Job Numbers are not recovering and another round of numbers expected today. Powell to maintain injection of bond buying with fresh capital = Will help here precious metals prices.
For Fres especially where 10% of Silver is used in Solar Panels - as Industrials recovery with more emphasis on clean energy Silver prices likely to stay high or rise to new records in time. So a good short term and longer term investment this one with a good divi too.
For today Gold positive and Silver just breaking through and back into positive territory.

Should make this interesting when the Senate starts to discuss Biden's 3 Trillion support package. I have a feeling even with our own Chancellors injection which is bringing about some progress today for the next few days we will do very well here and start to move upwards quite nicely.
I am more than happy to stay here and top up if any others wish to sell early.