We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
RBC raises Centamin price target to 135 (130) pence - 'outperform'
Hi LuckyLuciano,
You may find this link of interest,
Bad information ruins lives. We’re a team of independent fact checkers and campaigners who find, expose and counter the harm it does.
False or misleading claims affect us all. As fact checkers we’ve seen first hand how bad information promotes hate, damages people’s health, and hurts democracy.
We deserve better.
Full Fact fights for the right information to reach the people who need it most, whether that’s individuals making decisions about their health or who to vote for; or politicians debating the future of our country.
Our principles are simple. Anyone making serious claims in public debate—fact checkers included—should be prepared to:
Get their facts right
Back up what they say with evidence
Correct their mistakes.
What we do
We fight bad information in different ways. First, we fact check claims made by politicians, public institutions and journalists, as well as viral content online. We all deserve information we can trust.
https://fullfact.org/
Hi Pipedreamer,
On thus forum some know more than other or less than others on all manner of subjects including Centamin, mining and the markets, but that said we are all learning because so much of our world is in a state of flux .
If we are honest then none of us know what the future holds because we never have access to all the information about Centamin,the markets, or our world come to that!
No method is reliable for predicting the markets!
Somehow I missed this post.
When I was asking about potential profit and dividends, (which you kindly worked out) , I was hoping for a gold price over $2000 and maybe even $2050 to enable a rise in dividend whilst still paying for clearing the waste away and investing for the future.
In the relatively shorter term, the share price where it is now and higher /better dividends would suit me as I will be reinvesting the dividends .
agree. also consider how much money is being lost to "woke".
European stock exchanges were mostly higher in the premarket hours on Thursday as data-packed day kicks off.
In Britain, report on gross domestic product (GDP), industrial production, and trade balance were posted. Additionally, investors will receive the final reading for March inflation rate in Germany, while industrial production data for the euro area will be released after the opening bell.
The Euro Stoxx 50 rose 0.20% at 8:01 am ET. Frankfurt's DAX was flat. The CAC 40 climbed 0.35%. London's FTSE 100 added 0.07%.
The euro traded 0.07% lower against the dollar, to sell at $1.09847 at 7:58 am CET. The British pound was flat against the greenback, selling at $1.24818.
Baha Breaking News (BBN) / AB
Agree ------ one third of our work force in active , get labour in it can only get worse--- not a tory but Labour is a disaster waiting to happen. Torys are the worst of two evils. I feel this country is pretty sick when one in eight people of working age claim benafits . the state cannot absorb this ongoing thanks or the south east that contrbutes over 65% of the uk income . end of rant nearly give the scots independce and a new motor home so they can get back to when it all goes wrong.
mrtibbles
while we are on this conversation I would add.
What happened to all the millions if not billions the Tory where awarding to ghost covid related companies, in 2020 and what happened to BBC coverage on that.
If they at least would collect taxes only via VAT and not personal income, it would be a fearer society, where more money you have to spend and more you pay taxes.
More over that is when they could control and effectively implement policies. No real need to making many laws really, just put up or down a VAT on items that you want to promote or prohibit and the Gov. job is down....but then again can you imagine how many Ministers would be queuing at the unemployment office?
Why ?.Thought i might have got a reply to my post as i basically got the call .With all the garbage written on Forums i thought i'd get a comment.
Still trying to link up with those that are smart.I'm anxious to learn,so as i say i'm a bit (well more than a bit) disappointed with the response to my post,or lack of it.Engage ?.
So much for the Tory party claims to be the party of low taxation, in reality they are masters at squandering public money on schemes and scams run by their Tory party mates whilst by the imposing stealth taxes on the majority of ordinary people!
https://www.moneysavingexpert.com/banking/tax-rates/
https://www.moneymarketing.co.uk/news/chancellor-halves-cgt-allowance-to-6000/
https://www.gov.uk/government/publications/reducing-the-annual-exempt-amount-for-capital-gains-tax
Government has wasted £26.8 billion under Sunak’s watch
https://www.independent.co.uk/news/uk/labour-rishi-sunak-chancellor-government-ppe-b2291581.html
Dominic Raab’s department wasted ‘staggering’ £238m on array of botched projects, according to new figures – an increase of 14 times on the year before.
https://www.independent.co.uk/news/uk/politics/dominic-raab-moj-waste-justice-b1988526.html
https://hansard.parliament.uk/Commons/2022-02-01/debates/151F8D55-94D6-408A-88CC-970D350C6F9D/TacklingFraudAndPreventingGovernmentWaste
Take advantage, decide on what you want to make and trade it- GLA.
Full circle in little more than an hour.
Gold is now down for the session and cey is flat.
But my point is that the charts remain a complete coin flip- the vast majority of traders lose money and the vast majority use charts. I've used several trading platforms over the years, and the millions of people who post chart data is endless- all that happens is the vast majority lose- it's worse than flipping a coin. As I said before, algos are way more advanced than years ago, it's a simple way to mop up all the money from the chartists... I repeat, worse than coin flipping...
Steve,
The data move made little sense for gold to push higher in my opinion. Anyway I took profits from 97p to early on 109p 50% sold, but it was a double dipping play anyway. Managed to use all my CGT last year. Unfortunately the allowance is only £6,000 this year. All the best. Tony
Prices of precious metals rose on Wednesday following the release of the annual inflation data in the United States, which continued to show signs of cooling.
The consumer price index clocked in at 5% in March, with the figure dropping more than expected, which seemingly pushed investors toward the safe-haven assets as the data revived hopes that the Federal Reserve could slow the pace of interest rate hikes.
Gold jumped 1.16% to $2,026.06 per ounce at 8:36 am ET. At the same time, Silver surged 2.05% to sell at $25.56 per ounce, rising to its highest level since April 2022.
Platinum gained 2.17% going at $1,021.52 per ounce and palladium added 0.27% to $1,443.33 per ounce.
Baha Breaking News (BBN) / AB
Centamin real time currently 112.2
The data creates the charts NOT the other way around
And again- charts wrong,
They liked the drop in the inflation figure. Gaps remain.
Forget all that- US CPI data in a few mins ago, that’s why gold has now risen up to 2027 as I type plus markets up…
1979-1984
1989-1991
2006-2019
This is not looking good for gold as we come up to inflation news. if it goes down after 30 seconds you know where the futures chart gaps are.
111p
Interesting. Newcrest has some marginal mines, does not need a lot to go seriously wrong. I would not be parting with this sort of money, unless I was desparate..and there lies a story, a growth story...
There are remarkably few large scale tier one gold ore bodies, very very few, and it will not get any better.
best
the gnome
The new proposal of $19.5 billion came after Newcrest rejected Newmont's previous $17 billion bid in February. Under what Newmont calls its "best and final" offer absent a superior one, Newcrest investors would hold a 31% stake in the combined company.
https://www.investopedia.com/newmont-boosts-its-offer-to-buy-newcrest-to-usd19-5b-7404858
Hurdles loom for Newmont's $19.6 bln bid for Australia's Newcrest
Newcrest's board, which in February unanimously rejected Newmont's previous offer of 0.380 shares for each of the Australian company's shares, has opened its books to Newmont for due diligence but has not given its recommendation to shareholders on the offer.
"Importantly, board recommendation and (an) independent expert report still remain key hurdles," Morgan Stanley analyst Rahul Anand wrote in a report to clients on Wednesday
https://finance.yahoo.com/news/hurdles-loom-newmonts-19-6-054052757.html
Major stock indexes in Europe traded mixed in the premarket on Wednesday as investors readied for the latest inflation data from the world's leading economy to be released later today.
Yesterday, the International Monetary Fund (IMF) slightly revised its global economic growth outlook for 2023 to 2.8%. Meanwhile, it was said that the gross domestic product (GDP) growth in the Eurozone is expected to stand at 0.8% this year, and 1.4% the next year.
The DAX was flat at 7:12 am CET, while the CAC 40 increased 0.09% and the FTSE 100 lost 0.09%. The Euro Stoxx 50 declined 0.11% simultaneously.
The euro was 0.12% above the dollar at 7:13 am CET, selling for 1.09267. The pound grew 0.10% against the greenback and went for 1.24366 concurrently.
Baha Breaking News (BBN) / AY
Pog currently + .7%
Happy hump ya’l
Financial Times: The world’s largest gold miner Newmont has raised its offer for Australian rival Newcrest to $19.5bn
Subscription only:
https://www.ft.com/content/11d0a48c-a62e-4508-99fb-f8de697036e3