Centamin Share Discussion Threads

[ilostthelot] 24/4/2019 09:40

Bought in.

[warranty] 24/4/2019 09:38

Added this morning, results ahead of expectations so seem to be on the way back up and with divi payable next month seems a no brainer.

[spacedust] 24/4/2019 09:21

100p in April 2019

[trentendboy] 24/4/2019 09:06

Gone long - once news sinks in with dividend no reason for this not to get back to mid 100s.

A lot of questions answered and the drilling results are impressive.

I like the solar plant. Building that in the desert makes a lot of sense and will reduce ongoing costs even further not least given the internal results are so impressive.

Hmmmm. To go even longer that is the question

[shieldbug] 24/4/2019 09:05

Pretty sure DeanOwls is not an investor here. That stupid comment is the one and only contribution so far on ADVFN.

[kennyp52] 24/4/2019 09:04

I see you finally bought in Prat Hunter ...

09:02 - 24/04
Buy 883 84.92p £749.83

Nice little profit by end of day if it hits 90p

[trentendboy] 24/4/2019 09:02

Strong results - very strong results. Outstanding drilling results are the key

No reason mid 100s again IMO

[shieldbug] 24/4/2019 08:58

Agreed. This is clearly their focus. The new COO is clearly very capable. He was appointed COO at Endeavour in July 2017 but had been in the company since 2009.

Here is what the Endeavour said when they appointed him.

"Jeremy Langford has worked in the gold mining, nickel, iron ore and oil and gas industries for the past 17 years and has held a number of key management positions, which have culminated in his current role of Executive Vice President Projects & Technical Services at Endeavour. Jeremy has been with the company since 2009 and is one our longest serving executives. He has extensive West-African experience and has a long track-record of building projects on-time and on-budget with over 6 projects built and delivered for in the past 12 years. Mr. Langford successfully managed the development and construction of Endeavour's Nzema, Agbaou and Tabakoto expansion projects along with the implementation of the Agbaou Secondary Crushing Circuit Upgrade and Ity CIL DFS delivery in parallel. Currently he is managing the Houndé Project construction, the Karma plant optimization, along with managing technical due diligence duties and overseeing the pre-development of the Ity CIL Project. Prior to joining Endeavour, Jeremy served as Project Director at Ampella Mining, Adamus Resources, and Ausenco Services where he planned, managed and oversaw a number of successful projects in West Africa, including the Sabodala project construction in Senegal. He has previously held senior project construction roles with a number of other resources companies including Northern Iron and Icon Engineering. Jeremy began his career as an engineer with the Royal Australian Navy.

He holds an honours degree in Mechanical Engineering from RMIT University in Melbourne, Australia."

[martinfrench] 24/4/2019 08:56

clearly quite a few super negative (shorters) on here that just dont get mining challenges, or do and would rather the gold jumps out of the ground itself and runs down the road into a pan

[rochdae] 24/4/2019 08:52

What happened to all the strong sell data? Up 6% since then!

[kennyp52] 24/4/2019 08:52

shieldbug isn’t that what CEY need to unlock Cleopatra , Burkino Faso , Cote D’Ivoire and the other ongoing explorations ? 🤔

[davius] 24/4/2019 08:48

Back to under promise and over deliver it is then. A good report in what has always been the worst quarter, production ahead of forecast and costs at the lower end of range. This suggest we should have a good year, we just need gold to behave.

[gaffer73] 24/4/2019 08:47

Why, can they only eat gold?

[shieldbug] 24/4/2019 08:46

Interestingly the new COO, Jeremy Langley previously worked for Endeavor Mining. Endeavour mining have just appointed Mark Morcombe (ex CEY COO) as their new COO. A straight swap.

On leaving the company said of Jeremy Langford "We would like to thank Jeremy for his contribution to Endeavour, notably for leading the design and build of most of our operating assets, and for training and assembling a core construction team. He has played a key role in successfully building Houndé and de-risking the Ity CIL construction with its main milestones now complete and wet commissioning underway. As our near-term construction focus is expected to shift from large builds to asset optimizations, which marks the end of several years of large capital-intensive project builds"

So the guy has most experience in building mines rather than optimising them?

[deanowls] 24/4/2019 08:30

Guessing the next quarter goes down due to Ramadan?

[plat hunter] 24/4/2019 08:27

The bigger risk rider here now is Trump supporting the rebel general in Libya.The geo political make up in the area, would make Egypt the only likely outside state to intervene in support of the defacto leadership.That would put Egypt in the firing line for economical sanctions.This is a bigger risk to CEY that the medium term POG

[creditcrunchies] 24/4/2019 08:24

CEY should hold up quite well if the FTSE index corrects again

[plat hunter] 24/4/2019 08:23

About time.. 79 is the floor it would seem.Keep it up through the next Q and with an improving gold price, it should indeed get back 100

[gaffer73] 24/4/2019 08:21

Excellent news. Should see this back above 100p soon enough.

[kennyp52] 24/4/2019 08:18

It will no doubt get shorted for a period but this is about building the confidence that production is going to flow . Cash , no debt , increased resources , ongoing promising exploration , cheaper potential power costs with solar plant ... great fundamentals which hopefully have been augmented by the new appointments .

[johnrxx99] 24/4/2019 08:12

That's a good start to the year.

[phillis] 24/4/2019 07:59

We should know by the second half whether Pardey is the problem and not the COO who was moved on

[greenelf] 24/4/2019 07:57

Bump up followed by sell off? Not sure this is out of the woods yet..