Centamin Share Discussion Threads

[trader365] 05/6/2019 17:37

No doubt you got out at the days high while flipping burgers at McDonald’s

[kennyp52] 05/6/2019 14:21

Haha .. You wish . Get back to your penny shares you fool

[kennyp52] 05/6/2019 13:50

I can see 120 if you hold but this could get back to the 150 the way it is being supported if production reports are positive . Seen profit taking on this share too many times in the last 12 months so would be very happy at a close above 102p

[martinfrench] 05/6/2019 13:25

bloody hell, gold has a mind of its own....

[stevedaytrader] 05/6/2019 13:22

Going well- gold still on the up, not seen any references to Prat...

[ukgeorge] 05/6/2019 12:42

back to 120p in a flash :)

[martinfrench] 05/6/2019 12:23

without any further updates on production or the june release of the fwd looking schedule being also good, cant see 110 being broken unless gold goes to 1360

[darnoc64] 05/6/2019 12:01

If this stays above 100, which is now looking likely, the next major barrier is 110. This has been a previous area of considerable resistance and support; it could prove to be a sticking point.

[cinquepercento] 05/6/2019 11:32

Well done! to all those here who have bought at a good price and who are now in profit.

As per my previous posts, I have decided to sit back and watch this share as a learning exercise.

It seemed to be repeating the chart drop of May 2018, for a while but not at the moment.

I will be interested to see now,how high this goes before falling back etc.

What are peoples' expectations here of this,now and who is thinking of taking their profits now?


Cinquepercento.

[kennyp52] 05/6/2019 11:23

Forecasts were based on $1250 POG . It has been higher than this to date and with this POG it adds significant upside to profits . If they can beat production to bring down AISC then the bottom line is improved dramatically . Still cautious on production so fingers crossed on this front . Looking good though .

[borisjohnsonshair] 05/6/2019 10:22

Prat being quiet is a strong signal.

[astjgroom] 05/6/2019 10:12

It's also good that oils looking bear for costs, and dollar strong for gold sales and conversion to pounds

[kennyp52] 05/6/2019 08:57

With POG over $1330 then I doubt it will move backwards . Close of 102 would confirm continued sentiment and 120 is strong possibility on any further good news from the company . I expect there will be a few dips as profits are taken

[haughtonhoney] 05/6/2019 08:14

That should have said 100p psychological level!

[yorgi] 05/6/2019 08:14

Quite possible I would have thought George 🙂

[haughtonhoney] 05/6/2019 08:14

It'll be a good sign if CEY can hold above the psychological level by close.

[ukgeorge] 05/6/2019 08:13

Was about to post very similar. Then a run to 120p over the next couple of weeks imo.

[kennyp52] 05/6/2019 08:12

Prat and trader still waiting to enter at 70p

[creditcrunchies] 05/6/2019 08:08

It's opened at the 100p level we haven't seen that for a while

[yorgi] 05/6/2019 08:04

Looks like we might break through and hold the 100p today.

[astjgroom] 05/6/2019 00:18

Feds ridden to the rescue again

[kennyp52] 04/6/2019 18:37

Outlook
· The Company is on track and reiterates annual guidance for 2019: gold production of 490,000 - 520,000 ounces, at cash costs of US$675-725 per ounce produced and an AISC of US$890-950 per ounce sold.
· Continued exploration focus with 2019 budget of US$40 million targeting Cleopatra exploration and decline development, reserve and resource expansion at Sukari underground, Doropo Project and ABC Project, while identifying new scalable targets for future exploration and growth upside.
· Updated resource, maiden reserve and Preliminary Economic Assessment ("PEA") for the Doropo Project to be completed by the end of H2 2019.
· Completion of 40MW (AC) solar power plant feasibility study at Sukari during H2 2019, with the scope to significantly reduce power costs and reliance on fossil fuels.
· Delivering on the Board succession programme to identify and appoint three Non-Executive Directors with one migrating to Non-Executive Chair.
· The Company will release 3-year outlook, including 2020 and 2021 guidance, in Q2 2019.

[stevedaytrader] 04/6/2019 18:35

Good Dow jump, as I posted earlier, thought FED would indicate help in cuts, looks like this is even more likely now, good for stocks and good for gold- fingers crossed as always for tomorrow follow through in FTSE and gold which has risen gain in last few hours.