Centamin Share Discussion Threads

[spacedust] 06/11/2018 08:18

Gold up
Gold stocks up
Cey.......not up

[casual47] 05/11/2018 17:09

According to the q3 results the guidance for 2018 is 480k oz at an AISC of 875-890$/oz. If we assume the upper limit of guidance of 890$/oz for the year then, if my sums are right, this means they are anticipating an AISC for q4 of ~832$/oz.

[casual47] 05/11/2018 16:25

The most reassuring and unexpected thing (to me) from the q3 results was that AISC was 889$/oz. I was expecting it to be around 1000$/oz.

And this was after a dismal July/August which had very disappointing low production outputs.

So hopefully once CEY gets back to higher production levels we might see the AISC improve quite a bit.

A lot of miners would kill for an AISC of 889$/oz....and for CEY it is achievable on one of their worst quarters...

[action] 05/11/2018 15:25

I mean CEY

[action] 05/11/2018 15:23

Take a pick RRS OR CNE.

[spacedust] 05/11/2018 15:08

Quiz

Name 0ne gold share in the UK markets that is the most frustrating ?

[eeza] 05/11/2018 14:43

Hovering above the abyss once again.

[casual47] 05/11/2018 10:53

Hi Kenny -- the blurb I pasted was basically a summary from the FT alphaville transcript.

I added the 50-60m lost in net profit based on a rough calculation comparing what would have been achieved if they had produced 580k oz as per their guidance in May this year, based on AISC of $890/oz and average year gold price of $1250/oz, but on paper it's probably a lot more as the guidance AISC in May was 770$/oz and the average gold price would have worked out higher.

[kennyp52] 05/11/2018 10:25

Casual .. re: results . Are you factoring in the increased inventory they sold in Q4 ?

[casual47] 05/11/2018 09:40

Anyone have a link to the q3 results conf call recording or call transcript?

Doesn't look like they put a link up on the Centamin website this time.

[casual47] 03/11/2018 12:07

Interesting discussion on Centamin over on alphaville.



They basically see CEY move with the sector until we get clarity/transparency/confidence on the geology/grades and 2019 output, which they believe may take until H1 2019 results to fully reveal itself.

They forecast a final divi of 5.2$cents

Looking at the results it's clear that the production issues will have cost Centamin about $50-60m of net profit and this is reflected throughout the financial results.

[spacedust] 03/11/2018 11:38

Also this stock is boring from time to time as it simply won't move but when it does it is vicious. Looking forward to an awesome 2019 for gold stocks. I might look into GRL again as they will be going into mining gold finally rather than exploring. Some CEY started off as I believe.

[shayadfn] 03/11/2018 07:30

For those who are new to this stock,you'll get surprises everyday, when all the metrics suggest its going to go up it will do the reverse, so be prepared, never go out full out (buy or sell). I have been trading this stock for 5yrs, ever since it hit 35p and below. I kept adding evrytime it went down, until I had over 1.3million, I reduced in december 2016, taking profits. slowly buying back from Jan 2017. This is a heart attack inducing stock, so it would be prudent for those with weak hearts to look for something less volatile.

[ken tennis] 02/11/2018 16:43

Kennyp52

Snap just had a quick work out I now average 102.10
Ye know what you mean I got plenty on the bloody watch list doing well when I practice baught and didn't think they were going anywhere.

[spacedust] 02/11/2018 15:35

Tcg was 38p beginning of last week. Now 56p. 40% rise in a week. We can only dream on that here at cey

[spacedust] 02/11/2018 14:15

When this really moves up it will be relentless

[shayadfn] 02/11/2018 11:42

I'm looking to add, I added yesterday, need to buy another 200k by Jan, to equal those I sold in Dec 2016 @£1.40

[spacedust] 02/11/2018 09:01

Yes Cinque. Although any further declines will mean I will be adding

[cinquepercento] 02/11/2018 08:28

Spacedust :

I think that you are holding LAM as I am.

Lots of trading volume yesterday for a change.

Buys are often put down as sells and vice versa but I think we might see some big movement soon,either up or down on this.

[kennyp52] 02/11/2018 08:25

Ken tennis .. you manage to get in under 99p ?

[creditcrunchies] 02/11/2018 08:13

I noticed CEY being the top sold stock by private investors at AJ Bell last month that's usually a good omen for going up