Its a little unclear where you have returned from, was the visit to Sukari? The news from this share is always quiet, just updates on progress and output figures as and when required. I am not sure what else you are searching for, until resolution of court case there is little need for any other news as the company keeps on doing what it is supposed to do, producing Gold.
have just returned from recent visit, have daily tried to update myself on recent news action but unfortunately nothing. it appears that there is hardly any interest at all in this mine apart from people on this board. so maybe we should take notice.who knows maybe it will reach 2 quid again but not in our lifetime I suspect
Many thanks for the post Siko. The link is very helpful indeed. What I can gather is that only parties to the contract mechanisms can challenge the validity of the contract in court. An Egyptian citizen [and perhaps any 3rd party] can take anyone [including foreign investors] to a criminal court to prove they committed crimes against the public good [eg. fraud corruptions etc]. That's all good to prevent new challenges in court. Unfortunately I couldn't find anything in there so far which would impact existing cases. I note however that the link contains an interpretation of the text [or perhaps just some of the text] rather than the text itself. So the way this 'prevention' is worded could still be enough, especially since CEY is in a civil as opposed to a criminal case.
Very clear thanks Siko - I'm sure everyone appreciates your continued interest. It will be fascinating to see reactions to this from investors, the public and possibly cey - although I expect them to keep their opinions to themselves - refraining from comment, bearing in mind the delicacy of the situation, until they are sure they know what the full implications for the company are and whether it will in fact impact the cc.
I have been in this stock since the outset and held when it was £2.00 and the production was much lower then and stage 4 still in the development stage, if all goes well and Centamin win the court case then the price will rocket to considerably more than £2.00 and a good divi will be paid ,so I am certainly staying put as Centamin will be a big player itself any time soon!
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