Centamin Share Discussion Threads

[kennyp52] 09/4/2019 09:31

I think that’s the point Sid ... they can’t afford to miss their guidance this year and if they had they probably should have informed the market by now ( they know their Q1 production now ) with a profit warning . POG average higher so far this year than last and if they meet / beat production then share price will IMHO rise substantially . Good luck

[sidarthur2] 09/4/2019 09:25

I dont know why they are not more cautious in their guidance as mr market uses any disparities to drop/churn the share price. Under promise and over deliver seems an obvious strstegy but wtfdik....

[jfishy55] 09/4/2019 08:58

Well, for right or for wrong, no matter what other companies do, CEY is not in the habit of releasing its prelims with its AGM results so it is no surprise to me that it has not done so again!

However, it IS in the habit of releasing Q1 prelims around the 2nd week in April.
It is also scheduled to release the Q1 report on the 24th...so I expect we will see the Q1 prelims tomorrow morning (being a Wednesday).

We will be looking for 105-115koz (as per company guidance).
Less will be very bad news.
More will be moderately good news.

My money is on 112koz and is a complete guess based on gut instinct!

[volsung] 09/4/2019 08:55

Doubled my holding just now. Nice consolidation phase

[plat hunter] 09/4/2019 08:54

Good one Boris you're all insight. I'm amazed that you're down here, would not have guessed

[kennyp52] 09/4/2019 08:53

Just starting to bounce a touch . $1300 POG breached ...

[bulltradept] 09/4/2019 08:50

Mr Market not happy with CEY, hope it doesn't know more than the retail crowd.....

[kennyp52] 09/4/2019 08:46

POG up CEY down . Got to love this share

[borisjohnsonshair] 09/4/2019 08:00

We are getting down to basics for you.

[plat hunter] 09/4/2019 07:59

Buy backs... dream on...With what exactly?

[plat hunter] 09/4/2019 07:58

Ps Boris. I've never said i've filtered you, must be getting me confused with someone else.Imagine being so intolerable and stupid that you can't keep up with who thinks you're a nob.You're an imbecile Boris.

[borisjohnsonshair] 09/4/2019 07:58

Buy back would be a positive message indeed. Would show confidence in active asset as they don't need spare cash for west Africa. Egypt will continue to be money printing press.

[kennyp52] 09/4/2019 07:57

"Since the 2018 AGM, the Board has engaged extensively with major shareholders and proxy advisers and we would like to thank them for their valued feedback and look forward to continuing with this constructive engagement.

Generating tangible value and returns for our stakeholders remains paramount to our decision making as we mark our 10th year of commercial production from the Sukari Gold Mine. We remain committed to delivering operational improvements, whilst advancing future growth prospects across our highly prospective 4,400km2 Group landholding, host to our 15.7Moz Group gold resource base."

[plat hunter] 09/4/2019 07:54

Excellent technical insight there Boris... you really are one clued up individual.Are going to pick a another random specific 45 minute trading window for benchmark comparisons today? When the fun stops Boris, stop!

[kennyp52] 09/4/2019 07:53

mattboxy .. you make a good point . If production was well below targets then they would have had to inform the market with a profit warning so I think you are right in your inference that they are probably on target ... or better . If better it’s time to top up . Special resolution 9 .. if they are looking to buy back shares it infers too much cash .. high production ? Interesting

[borisjohnsonshair] 09/4/2019 07:50

You've contradicted yourself in that message - clearly showing you are a mental cripple plus you've said you filtered me. You struggle with honesty and the grasp of simple matters. Who does your laces up in the morning or do you go with slip one. You are a fxxk with of the highest calibre and probably should be sedated for your own safety.

[plat hunter] 09/4/2019 07:42

Boris.. CEY is purely a leverage play on POG.Why else do you think the share price has come off so much on the back od disappointing production?You have another 12-18 months of this though, so plenty time to keep averaging down your crazy mug punter average.

[borisjohnsonshair] 09/4/2019 07:33

If you believe in a gold rally buy gold or better still a gold mining fund. Go for a major one - less risk less reward GDX or a junior one - greater risk and potential reward GDXJ. If gold really does "rally" say 1800, GDXJ could rise 200-300%.

[borisjohnsonshair] 09/4/2019 07:31

What's the rally - 1-3-%. It will have the same impact, plus or minus. Gold isn't going to jump around in the same ratios as the output and grade of the mining. Stop focusing on it. The gold price will enhance or slightly reduce the changes of much more important company specific issues. You are very clever or good at math, are you?

[dt1010] 09/4/2019 07:21

I think the up coming rally in Gold will push this up.

[wbecki] 08/4/2019 22:33

"Phillis
8 Apr '19 - 17:08 - 31738 of 31752
0 0 0
they might not have but it is common practice"

I said it wasnt common practice!!!


"Phillis
8 Apr '19 - 22:08 - 31752 of 31752
0 0 0
Never said there was a requirement
Can't you guys read properly ( or comprehend )"


Clearly you cant bloody read, or comprehend that's clear.




"I merely said it was common practice"

Which is wasnt for CEY




"I accept that this is not the case historically for CEY"

Hallelujah, We got there at the end!