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RNS EXCLUSIVE: Cabot praise 3D seismic mapping after successful winter programme

Member Info for Siko

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Member Since: Sun, 11th Dec 2011

Number of Share Chat Posts (all time): 1,698
Number of Share Chat Posts (last 30 days): 2

Last Posted: 2 Mar '18

Post Distribution over the last 30 days

2 Mar '18

Just arrived at my home town Alexandria after a very long and delayed trip due to the bad weather. The weather here is amazing, sunny and clear skies.

Sparkle, I had a look at your question regarding Thursday 403kg shipment. This is the departure report of the shipment that had arrived on Monday. Normally the shipments arrive at the airport on Monday and depart on Wednesday/Thursday. You get media reports for both, I used to post the arrival report on Monday ,, and not the departure report as there was no need. so I hope you don't get confused between both. Sorry I did not have time to look at all your previous shipments reports.

Best wishes from Egypt..
24 Feb '18

Just thought to pop in and say hello.. My last post here was at the beginning of January and since then life has been very good to me.. I'm so lucky to have met a couple of people who share the same ideas and dreams as me and together our ideas are materializing and our dreams are coming true.. I'm not going to go into details as I know most people are not interested, but I'm sure that the few people here who stood by me at the beginning would be pleased to know that the life of many children is improving and I could not have done it without them.. I'm going to Egypt in a few days time and I can't wait to go as this time things are truly different..

I do have a look at this thread when time allows me, but unfortunately I know nothing about Kinesis and it looks very complicated to me.

Once again, I wish you all the very best with your investments and I hope you too achieve your dreams, whatever they are..

10 Jan '18

Thank you very much everyone for your kind words. It's very nice to feel this sincere appreciation. I will see if I could pop by and see how you are getting on, but now please get back to your Centamin discussion and enjoy the good result and the positive SP reaction. You have been waiting a long time for this day, so I don't want to spoil it for you :)
10 Jan '18

As most of you know, I have been posting here since 2012, and I think now is the best time for me to stop posting as 2017 has finished and a new year is starting now. I have been thinking about this for sometime and I have my reasons for this decision, but I prefer not to go through them here. This has nothing to do with my investment in Centamin as I don't hold many shares anyway and the most I held at anytime was around 5k, but the joy I had sharing the information with you was priceless. Also this will give me more time to focus on my work in Egypt (which reminds me to thank the few people here who supported me and I really appreciate their help).

I wish you all the very best with your investment and I'm glad I'm leaving you in a good positive day :)


NB: So that I leave you with all the information is up to date, a 467kg shipment departed Cairo Airport this morning :)
9 Jan '18

2017 total production figure is expected to be around 545k oz
6 Jan '18

Sorry meant (not from Joseph Chairman)
6 Jan '18

These quotes, if true, are from Yousef (GM Egypt operations), not Yousef (Chairman).
Yousef (Chairman) does not make any comments to the Egyptian media.
I personally don't find these comments - if true- bad at all. All the various comments and the shipments reports seem to agree on achieving 2017's target (around 540-550k oz) which is brilliant as the market did not think we would achieve that based on Q1&2 figures and we saw that in the subsequent hammering of the SP, and 2018 target guidance -again if the reports are true - seem to be around 550-600k oz, which I think is a sensible target, and knowing Centamin management they would go for a lower figure and exceed it.
I think with the results being very soon we may get a lot of these media reports with figures all over them, so I think it's best if I don't post any of them and wait for the official news from the company.
6 Jan '18

I agree with you Rebess about the big IF.
I could not verify this, but it was published in a couple of sites this morning, so I thought to post it as usual and up to you what you make out of it.
"Please don't shoot the messenger".
6 Jan '18

Sat 6th Jan:

Mr Yousef El-Raghy: Centamin aims to produce around 560k oz in 2018, up from 550k oz in 2017.

I don't know what's meant by "up from 550k oz in 2017", but that's the exact translation.

(A bit more figures in the link about profit share and royalties)
4 Jan '18

I saw that 405kg shipment on Monday but have not reported it as I asked and was told that there was only one shipment last Monday (628kg), was told may be some sources got their figures wrong or were give the figures from the previous 2 weeks (both were around 400kg).

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