Centamin Share Discussion Threads

[a5wab] 21/12/2016 08:07

Early January for prelims

[stevenrevell] 21/12/2016 08:06

When are the results out ta

[dmitribollokov] 21/12/2016 08:01

Blackrock - etf

[charles clore] 21/12/2016 07:41

Cheap as chips!

[master rsi] 20/12/2016 14:12

Emergency to secure 321 kg of gold Alsukari airport - Tuesday 20 / December / 2016 -
Mohammed Nasser wrote: Translated from arabic

Cargo Village authorities announced Airport Cairo today, Tuesday, the state of emergency to secure the unloading and transfer of 321 kilograms of raw gold mine diabetes coming from Marsa Alam to travel to Canada in the coming hours for the purification and sold on the international stock exchanges and the sharing of it.

He said official sources in the village: I arrived shipment on a private plane belonging to the company , "Alcan Air" from Marsa Alam , accompanied by five of the company "Centamin" the Australian owner of the mine diabetes , where they were unloading a shipment of gold which reached within 17 parcels and transferred to an armored car belonging to the company Amanco been developed near the port 35 amid tight security until her departure in the coming hours after obtaining the necessary approvals from the relevant authorities, especially the interests of the scales and stamp body mineral Resources Ministry of Petroleum in order to be allowed to charging for purification abroad and then sold on the international stock markets and share price , according to contract between Egypt and the company . " Centamin "which holds the Australian extract gold from the mine, which is one of the top 10 gold mines in the world.

321kg shipment today.

Total Q4 shipments so far:

321kg (20th Dec)
422kg (12th Dec)
381kg (6th Dec)
322kg (28th Nov)
269kg (21st Nov)
523kg (16h Nov)
190kg (7th Nov)
322kg (1st Nov)
404kg (25th Oct)
344kg (18th Oct)
380kg (11th Oct)
358kg (4th Oct)

Based on 90% purity, It makes that around 122.585oz. If this is correct, and we add that to 413k oz produced in the previous 3 quarters (125+140+148), that would bring the total so far to 535k oz.

[sg31] 19/12/2016 17:48

Unless something has changed that I missed CEY have already said they have no interest in further Egyptian Licences on the terms currently on offer.

CEY aren't likely to be interested or in the lead.

[cojonesjr] 19/12/2016 16:28

Agree. Results around the corner which should be very good this time. It usually beats expectations. There was talk about extra mining licenses in egypt been put to tender on this bb. If so what are the chances of cey been in the lead for these?

[master rsi] 19/12/2016 13:01

120.20p +3.80p

Has broken the 120p and now the chart is looking much better to go better

order book strong will help if it holds this way, but just now got weaker ( the normal ups and downs )

was DEPTH 74 v 53
then 56 v 55
and change again for the better 80 v 54

[master rsi] 19/12/2016 11:36

Plenty of room to go better on the chart short term

[master rsi] 19/12/2016 11:17

Selected at the "UPS" thread earlier.......

Master RSI 19 Dec '16 - 08:55 - 334 of 339
UPS
CEY 117.50p ( 117.40/117.60p )

On the bounce since last Friday after a heavy drop manly due the the strength of the dollar and weakness on the Gold price. Last week large drop looks overdone and it was a capitulation, after the movement lower from around 170p. Gold slowly recovering as is the share price. The last quarter was another solid performance on the production and cash generation.
CEO said " We therefore expect full year 2016 production towards the upper end of our guidance range and costs towards the low end of our guidance range."

[shayadfn] 17/12/2016 09:13

I'll be looking to add in the coming weeks

[jimbowen30] 16/12/2016 14:13

Pixi - good move. CEY is a go to miner imo. Might take 2-3 years but still believe we will substantially higher prices

[jimbowen30] 16/12/2016 14:12

Have posted this on a few threads. Avi Gilbert seems to have a pretty good track record. Although he thinks PMs could go lower over the next week or so he believes we are close to the low.

sentiment towards precious metals is now getting pretty negative now and every man and his dog is predicting gold sub $1000/Oz just like at the end of 2015. We all know what happened then. IMHO, we are getting very close to the capitulation phase. My gut feeling is gold could retest the $1045 low from earlier this year but that is likely to be it. Any sub $1000/Oz would be very brief. So the downside is 10%-15% max but upside is over 100% and more for the quality miners. As my time horizon is 3-5 years I'll just ride it out. My biggest fear is actually not having the funds to pick up bargains IF gold does get closer to $1000/Oz. The bigger picture is rising US debt and the interest on this debt is going to cause a lot of unintended consequences. It might be a few years before people lose confidence in the dollar, central banks and their crazy policies but it will happen.

[pixi] 16/12/2016 09:41

I've just bought a load of these at 117. I have no doubts that when something awful happens, as it inevitably will, people will dive back into gold for safety.

[fangorn2] 15/12/2016 20:43

March will be first crisis.

Italian Banking crisis, and Greece round 3, or is it 4, gone quiet......but will add to march tsunami.

2017 will be year of Gold.

[denbos] 15/12/2016 17:29

Gold will revert soon as US has to respond to Russian gains.

[juju44] 15/12/2016 16:04

wat you smokin man

[mr genel energy] 15/12/2016 15:51

follow the trend downwards..

gold going to 1050?1100

me thinks

[breaktwister] 15/12/2016 15:16

This is one of the worst miners hit, I dont fully understand why as our cost base is certainly not one of the highest?