Centamin Share Discussion Threads

[ukgeorge] 09/7/2018 09:17

I just caught the end of the conference call, from what I heard everything is on track

[charles clore] 09/7/2018 09:14

This is just the beginning but good times are coming!

[shieldbug] 09/7/2018 09:10

Gold price is rising. Cey are through the transitional zone and getting back on track. Share price is diving. The cause - investor's wishful thinking and not listening to the company?

[brad1] 09/7/2018 09:05

At this rate it won't be far off NTAV

[bulltradept] 09/7/2018 09:01

Got to be good value at these levels surely?

[tsmith2] 09/7/2018 08:56

Need to see capitulation

[edjge2] 09/7/2018 08:55

Looks like a top up chance to me as current porblems only temporary. Hope I can get some cash before this weakness finishes.

[ukgeorge] 09/7/2018 08:51

time to be adding....

[action] 09/7/2018 08:49

Below support 114 next one is 104.

[juju44] 09/7/2018 08:40

i have reduced

[lodgeview] 09/7/2018 08:39

Tanking. My oh my

[mattboxy] 09/7/2018 07:59

Numbers are as expected high grades now back for rest of the year Revised figures will be hit and then high grades for next 4 years If you have foresight and patience you buy today hold and sell next year beyond for fair price ie lot higher than now

[juju44] 09/7/2018 07:48

Numbers are not good today but they were not expected to be . Could get rocky

[bor491] 06/7/2018 14:33

hxxp://www.centamin.com/exploration/reserves-and-resources

Burkina Faso is at 1.7

[wallywoo] 06/7/2018 14:32

Hi UKG, was looking at the reserve statement online. Out of date of course since lots of work done since. Burkino Faso and Cote both have a better average grade that Egypt:

[ukgeorge] 06/7/2018 13:38

Wally we can agree to disagree on the west african assets. Centamin barely mention them in presentations and they have no reserves.

DOROPO PROJECT, Cote d’Ivoire
• Resource upgrade:
1.35Moz at 1.3g/t Indicated
0.9Moz at 1.2g/t Inferred


I don't know where you get your 1.7 g/t number from.

The UG expansion at sukari is far more important imo

[juju44] 06/7/2018 13:18

Miners getting seriously hammered again . No light in sight

[wallywoo] 06/7/2018 12:48

IMO the West African assets are excellent and your post nonsense UKGeorge.

70% of exploration has been spent there over the last 12 months or so. It is a hugely hot zone for gold miners with billions spent in the last few years. Currently with a JORC of around 2m ounces at 1.7 g/t average is not low grade

however, gold miners out of favour again, I agree with you there. But here I only see opportunity. In a way being out of favour adds to CEY's strength since they are fully financed and can expand without raising any money

[ukgeorge] 06/7/2018 10:17

The mine remains one of the best in the World, low cost large reserves. Yes in a transitional zone so a couple of poor quarters, but longer term the underground is exceptional, high grade and very profitable. It would nice to see a ramp up in production from there.

The west african assets are sadly too low grade and have been a waste of money.

Most the pm miners have been getting hammered. Which if anything suggest gold may go lower. Hopefully this is near or the low has been.

[juju44] 06/7/2018 10:09

Maybe the share price performance is telling us something about the numbers

[ukgeorge] 06/7/2018 09:21

On Monday we should get Q2 numbers. Fingers crossed the market likes them.....

[ukgeorge] 06/7/2018 09:18

I'd be happy if we hold 120p for the weekend. Slowly turning and hopefully sentiment improving ...

[juju44] 06/7/2018 08:26

No enthusiasm for the chase here

[action] 05/7/2018 23:02

After hrs all sells