Centamin Share Discussion Threads

[thecroots] 19/4/2024 12:43

Kenny

Agreed about CEY should kick on from here.

Mhenderson doesn't actually say he trades CEY. He hasn't said anything about this RNS but has got lots of things right on which only he would know if he knew someone in the company. I haven't acted on anything he said simply because you just cannot believe randoms but the fact remains he has got everything right and anything he has mentioned has eventually come out. He doesn't post that often. I wish he did!!

Gold appears to be so strong at the minute and cannot see it falling too much. EVen $2200 will be just fine for CEY

[roks] 19/4/2024 09:54

Gold hit 2255 overnight, cey almost back to where it was, all good 👍

[thecroots] 18/4/2024 22:52

overall, I think cey is well positioned

[kennyp52] 18/4/2024 22:03

Thecroots .. interesting views but I doubt they need or want to manipulate any figures . The return to solid production , the cost cutting and general steadiness of the business is refreshing and what institutional investors like. The mass exodus at the open on an RNS which confirmed guidance was frankly ridiculous . The share price might float around a bit without a flow of news but the gold price is going to improve the financials substantially and will provide the next leg up imho. 150p is the next resistance for me .. no graphs or technicals .. just a practical level that for me will indicate the company is on track and making very decent profits , funding the expansion , exploration and possibly a special / increased dividend.

[thecroots] 18/4/2024 20:43

Kenny,

Both you and i know that no private investor can influence a $1B SETS stock!!

They lied about the equipment breakdown last year. Rumours that the mill had stopped. I mailed them (Two weeks after the actual shutdown of the mill) and they claimed that they are not aware of an issue with the mill.!

They also "pinched" some ore/gold last December to make sure that they "hit" the 450k. We all knew that they were needing to "pay back" this gold this quarter. Thats why i personally think the grades are not lower at all this quarter but they are using it as a way of "softening" the figures so they do not get found out....

[mustafa15a] 18/4/2024 19:33

From -6% to -1.23% let's see if tomorrow marks a full recovery

[avsome1968] 18/4/2024 11:03

I added more Kenny tad over 122p


OUTLOOK - Guidance unchanged

●

Gold production guidance range of 470,000 to 500,000 oz per annum weighted towards H2

●

Cost guidance:

○ Cash cost guidance range of US$700-850/oz produced

○ AISC guidance range of US$1,200-1,350/oz sold

○ Guidance reflects a range of diesel prices from 75-90 US cents per litre

●

Adjusted capex guidance is US$215m, including:

○ US$112m of sustaining capex

○ US$103m of non-sustaining capex, of which US$58m is allocated to growth projects that are funded from Centamin treasury and cost recovered over three years

○ Adjusted capex excludes US$91m of sustaining deferred stripping reclassified from operating costs as per IFRIC 20

[roks] 18/4/2024 08:13

8p drop? Is it really that bad?

[darrenhorsfield2] 18/4/2024 08:03

It's still on track and at these pog prices they printing money from here

[kennyp52] 18/4/2024 07:52

What are the lies ? Still on target production even though they have been waste stripping . Ahhh.. I see .. sold so hoping to talk the share price down a bit to get back in cheaper ? Probably fall on the news anyway as shareholders expect spectacular RNS’s these days all the time 🙄

[thecroots] 18/4/2024 07:06

Well I'm glad I sold. more lies. Will wait for the dust to settle before buying back in after this rns

[kennyp52] 17/4/2024 22:59

On target probably with a huge premium on free cashflow from the gold price rising. If so it should consolidate the share price and more investors will be tempted in … all imho.

[geckotheglorious] 17/4/2024 16:03

Bound to disappoint...

[roks] 17/4/2024 14:50

What's can we expect from tomorrow's results?

[tnt99] 17/4/2024 08:00

? ? ? ? here we go boys

[kennyp52] 15/4/2024 21:42

redbaron10 .. great post . This has risen quickly and investors will want to take profit or have probably put stop losses in . Gold rising again so could be a very good week again this week . Good luck .

[redbaron10] 15/4/2024 20:41

One has to appreciate shares like CEY (being foreign and not subject to stamp duty on trades) have a revolving door of investors who trade in and out of the share quite readily.You only need to read this chat forum to see the popularity of trading in and out of CEY.If less individual investors and institutional investors have inventory of shares of CEY in their portfolios, and aren't long term holders, then share price volatility is to be expected.And to be fair this share has had its fair share of bad news, false dawns and disappointments over the years so you can hardly blame traders profiting on that.I've lost count of the number of notifications of major share holding increases and decreases over the years.That tells you a lot.

[roks] 15/4/2024 18:55

Dismal day for cey, gold is perking up, hope cey will follow in the morning.

[redbaron10] 15/4/2024 10:00

Q1 results this week (18th)

[roks] 15/4/2024 09:06

Hmmm bit of a slide, I guess was expected? MTO is balancing me out for now.

[roks] 15/4/2024 06:11

It appears irans fireworks display didn't affect the pog. Let's see how cey holds up when the market opens.

[cumnor] 14/4/2024 15:10

As I'm heavy enough into gold and silver (and commodities) the last think I want to see is gold spiking $300 on the back of Iran-Israel mediated WW3-no good for anyone. There is enough geo-political tension simmering around the world to keep gold rising slowly, not to mention the US and other Sovereign debt crises that need to be resolved.