Centamin Share Discussion Threads

[stevedaytrader] 08/12/2021 11:23

Yep- Horgan just said, "match fit for m&a"

[laptop15] 08/12/2021 11:16

Disappointing share price reaction to that RNS

[farrugia] 08/12/2021 11:12

the divergence could well continue rossannan if the pandemic leads to disruptions.

[plat hunter] 08/12/2021 10:53

So pog has gone to where i said it would be, CEY is yet to reflect this. A well received vlog and a lunch time bid in new york could see us catching a bid today from current cyclical support.Https://www.tradingview.com/x/w4pW4DAiInterestingly... CEY, PAF AND POLY have all recorded the same divergence bull signal that POG recorded last week. For the record I'm in both POLY and CEY, I'm swerving PAF purely because of higher trading costs and lower trading liquidity.

[farrugia] 08/12/2021 10:29

hehe they will discover that getting a mine into production and maintaining it isn't so easy. The new concessions that CEY was awarded were given with more favourable conditions.

Egypt wants to encourage more miners into the country to expand its vast untapped gold resources. When they tried to entice foreign miners before with unpalpable terms there was no international investment interest.

[stevedaytrader] 08/12/2021 10:02

The presentation is just about to start, get dialled in

[trader465] 08/12/2021 10:01

The greedy Egyptian mafia are pocketing 50% of all CEY profit, how long until they want more? They're already going it alone....

"Egypt Discovers A 1 Million-Ounce Gold Mine In Its Eastern Desert"

"The deposit is owned by the Shalateen Mineral Resource Company, a state-owned enterprise, and will begin the development of the deposit with a collection of other state owned companies"

"This will be the first gold mine completely owned and operated by the Egyptian government, and Egyptian governmental companies, meaning that the profits will go exclusively to domestic sources"

[farrugia] 08/12/2021 09:51

the excitement here hasn't even started..

when the discoveries in the new concessions start rolling expect a serious re-rating.

[plat hunter] 08/12/2021 09:44

I tend to trade the down trend Aman and let the bull run with the profits on the reversal

[amanitaangelicus] 08/12/2021 09:38

Plat, you.re trading, you dont really care about AISC? Ok maybe in as much that it affects the general positivity in CEY. It.s better to be trading in a bull run not a downturn, sideways looking picture like currently.You may have a core holding here but I think not. You like to dip in and out - like I do. 99% are traders here. AISC means zilch in this context, except if it changes ...and then the mkt will reassess. It.s reassessed, and it s fallen bk to sleep.Watch POG, dollar, CEY substitutes ...nowt else to do. Not a criticism Plat in any way ... we skim we run, we win, we lose ...it.s that easy.

[plat hunter] 08/12/2021 09:16

Aman...It has become very cleat to me over the last couple of years that most people don't understand AISC yet that's also the only thing they seem too look out for.I reckon I'll do very well here

[stevedaytrader] 08/12/2021 09:03

The event will start at 10.00 am GMT and, including a Q&A session, is expected to end no later than 11.30 am GMT.

Event access: To join the webcast: hxxps://webcasting.brrmedia.co.uk/broadcast/618e790238a15b548bb9077d. Please allow a few minutes to register.

A recording of the event and presentation material will be available on the Company's website shortly after the webcast has concluded.

Questions: During the live event, there is a tab where investors can submit questions. Should any questions arise after the event or while watching the replay, please email [e-mail].

[amanitaangelicus] 08/12/2021 08:58

The mkts not buying it ...they smell exaggeration and hot air. Wall sorted?Would have liked a 2 liner on it. Pity.Oh well, back to pog for stimulus. The mkt knew nowt juicy was going to be released. Oh well ...

[kennyp52] 08/12/2021 08:32

“Further upside drivers yet to be modelled, include the emergence of 'bonanza' high grade structures within the open pit and underground,”

Bonanza eh ? Be nice to have this quantified some time next year .

By the way AISC is higher due to exploration but as production is ramped up it is planned to fall substantially . The key is cash costs of production which is significantly lower and ensures CEY can spend their targeted Capex AND keep paying an eye catching dividend .

[stevedaytrader] 08/12/2021 08:11

AISC this FY is only issues, rest is very good. GLA

[system64] 08/12/2021 08:11

Libernum

is not that keen on cey,bhp for some reason

[plat hunter] 08/12/2021 08:10

Volumes up 30% though

[trader465] 08/12/2021 08:07

Why would you expect it to fly? 2021 financials are going to be dire

[amanitaangelicus] 08/12/2021 08:06

Not flying ...

[plat hunter] 08/12/2021 08:00

A good update....Almost quarter of a billion being spent on capex and still net cash positive.It isn't 1250 pog with an 850 AISC anymore, the world has changed.

[plat hunter] 08/12/2021 07:56

The capex being circa 60 million more than 2023 is the reason for a higher aisc.Cash costs will be much lower

[crt131] 08/12/2021 07:52

Revenue for the six months ended 30 June 2021 (“H1”) was US$367.4 million from gold sales of 203,802 ounces
(“oz”) at an average realised gold price of US$1,799/oz
• Operations, supply chain and gold shipments have not been materially impacted by the COVID-19 pandemic.
Related COVID-19 costs were US$6.5 million and within budget
• Cash cost of production was US$807/oz produced and all-in sustaining costs (“AISC”) were US$1,186/oz sold

That's up 16.8% (using 1425)

[bradley12] 08/12/2021 07:45

AISC FY2022 1275-1425

Wow that's pretty heavy?

[plat hunter] 08/12/2021 07:29

Back to a £1