Centamin Share Discussion Threads

[ukgeorge] 06/4/2018 16:50

iweb tend to take about a week

[shayadfn] 06/4/2018 16:48

TD, now iii in UK- Use to pay me on time, wander how this iii will do, as I'm expecting a large amount.

[flopticalcube] 06/4/2018 16:45

I was told the 9th for TD in Canada.

[martin collins] 06/4/2018 16:40

Yes mine is in on selftrade.

[shayadfn] 06/4/2018 16:39

Anyone got their divi yet?

[flopticalcube] 06/4/2018 16:20

Jobs numbers were complete cr@p and way below expectations. Rise in earnings (at expectation) should mean next rate rise is still on. US economy appears to be turning but, like generals of old, the Fed is fighting the last war and is 6 months behind the curve. Trump continues to be golden for gold with his $100bn Chinese tariff threat. $1300 support and $1360 resistance.

Mining indexes (GDX, GDXJ, HUI, etc.) appear either poised for a breakout or will slump again until the next attempt. It would be encouraging to see the miners lead gold for once.

[ukgeorge] 06/4/2018 11:55

Was bored so just went through the latest company presentation. My favorite bits are below

Sukari is a top 20 gold producing mine with >20 year open pit LOM

Centamin is a top 30 gold producing company

Lowest quartile AISC, $790/oz with additional cost upside, 2018F AISC $770/oz


Some drill results from the Amun and Horus zone wow
1m @ 337.2g/t
2.55m @151.6g/t
5.8m @ 59.9g/t

be good when they get to that :)

[shayadfn] 06/4/2018 11:25

I get my divi in US Dollars

[ukgeorge] 06/4/2018 10:40

The chart is looking pretty interesting to me. Looks like a pennant/flag formation. Which is normally a continuation pattern. Obviously the gold price is going to be key to a decent breakout, but a break above 154-5p implies a 30p rally.

[eeza] 06/4/2018 10:40

7.0701p has been applied.

[juju44] 06/4/2018 09:31

What is the divi in Stg. ?

[keyno] 06/4/2018 08:58

That price took me back, ShayAD.. I first bought in @ 26.45! Sadly don't have those any more. Been in and out over the years. Had/have interest in Ancient Egypt - hence the initial interest here. Long may CEY last!

[shayadfn] 06/4/2018 06:27

I started in cey @35p, looking forward to the divi today

[haughtonhoney] 05/4/2018 17:53

Indeed. I mean't CEY, not CEN!

[ukgeorge] 05/4/2018 16:14

Yes CEY got to 22p when Egypt problems were at their peak, oh to turn back the clock and go all in. :)

[haughtonhoney] 05/4/2018 15:59

Ouch. Mind you, CEN weren't far off that a year or two ago.

[flopticalcube] 05/4/2018 15:57

Jobs report tomorrow. Falling into the report and then rising thereafter is a staple for gold. Very volatile week so far, looks like people don't know how to position themselves given all the market volatility. Support at the $1300 area and then in the $1270-1280 area. Barring any dramatic movements in the equities markets, gold continues its waffle (as does the USD). June-July is usually the end of the slow season but sometimes not until August. $1360 remains the barrier to breach. It would take a continued rout on Wall Street to breach this barrier, IMHO.

[ukgeorge] 05/4/2018 15:43

Yes know them well have actually visited their head office in Moscow. Hate having to buy them for so high when they were about 40p at one stage. I was in them when they went and bought some moose pasture from mr abromvich for $80m. Stayed away to my cost since

[haughtonhoney] 05/4/2018 15:25

HGM for me, although don't forget they operate in Russia. Good divis though.

[ukgeorge] 05/4/2018 15:24

Which other mining companies are you a fan of?

I should pick a few more with decent dividends.

[haughtonhoney] 05/4/2018 15:17

Keep reinvesting the divis George :)

[ukgeorge] 05/4/2018 15:04

Wish I had that many got 12.5k so not to shabby.

[haughtonhoney] 05/4/2018 14:59

That's why I've got 50k+ of these in my SIPP.Difficult to find investments of a similar calibre nowadays.