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Behave yourself halfpenny I bet I was here a good 5 years before you...I'll moan or do whatever I want. I was buying cey in the feul crisis 10 years ago
Just adding to the list of "Buy Rating" Centamin is a 9/9 on Investors Chronicle's Alpha report. They examine various metrics EPS, growth and so on so bit of a surprise to see it there but a very credible recommendation.
So what. Just take the dividend and sit back for the rerate we've been promised in H2 and for pities sake stop moaning..
Ex dividend and american market tanked...certainly don't see green tomorrow...75p maybe
Does it matter if it open a bit down or up tomorrow. Price will be 90p plus at the end of this month. Gold is the mature guy in this race.
Agree Lodan1- poor performance and will open 5c lower tomorrow so yuk
and on a trading range low lodan..
https://www.proactiveinvestors.co.uk/companies/news/982609/the-royal-mint-physical-gold-etc-assets-more-than-double-since-start-of-the-year-982609.html
I agree to a point Steve but breaking a 5 year low isn't good
The algo's were driving it down to cover the 5c they're having to pay out today I believe.
Support is pointless - algos ignore it these days- just gives retail investors perceived comfort that simply doesn't exist-
Thanks FED for causing market issues today
Events drive SP....
5c will come off overnight
Lol, it looks like going ex dividend will break the 5 year support
'average target price of GBX 123.67 ($1.52).'
A pity the market do not seem to agree just yet....but they will in time
DYOR
https://www.etfdailynews.com/2022/05/17/centamin-loncey-receives-buy-rating-from-berenberg-bank/
Shares on the major stock market indices in Europe traded mostly in the green on Wednesday, as the investors anticipated the United Kingdom's latest inflation figure.
The investors digested the latest remarks by United States Federal Reserve Chair Jerome Powell, who underlined the central bank's resolve to keep increasing interest rates until the stability of consumer prices has been ensured.
The DAX rose by 0.16% at 7:06 am CET, while the CAC 40 added 0.14% at the same time. Meanwhile, the FTSE 100 stood flat.
The euro and the pound slid 0.13% and 0.07% compared to the dollar at 7:10 am CET, selling for 1.05358 and 1.24842, respectively.
Baha Breaking the News (BBN) / BU
Happy hump y’al
If Endeavour takes away a man or womans livelihood (scratching for gold), and there is no replacement and no social security payments, then what do they think is going to happen? If Endeavour had redeployed these people doing some purposeful dignified work from which they earned a small income, then this would not have happened. Today people can waffle about ESG and employ well-meaning consultants to invent various metrics to measure ESG, but in time gone by it would be called commonsense and been done immediately as part of solid community relationship building.
the gnome
It's been hot at Houndé Gold Operation, a subsidiary of the Canadian group Endeavor Mining, since May 17, 2022. The city is in turmoil. Spontaneous protests erupted between miners and gold mine workers.
According to information from Burkina24, traditional gold miners blame mine officials for having monopolized their sites. Indeed, these gold miners had been cleared, yesterday May 16, 2022, of the sites which they exploited. This is how they decided to storm the mine and set fire to its facilities.
Security at the level of the mine remained powerless in the face of the large number of miners who also ransacked the gate, listening to the city councilor.
As a reminder, Houndé Gold Operation is located in Houndé, capital of the province of Tuy, Hauts-Bassins region, a town located 250 km at sunset from Ouagadougou. This urban commune is home to one of the thirteen (13) industrial gold mines operating in Burkina Faso.
https://burkina24.com/2022/05/17/exploitation-miniere-au-burkina-chaude-journee-a-hounde-gold-operation/?
Quite so Halfpenny, lots less Bull****e & lots more gold is whats needed !
Will we get it and when is what we want to know !
Hi Dasut,
You know the mining business inside out and what you say must make sense!
You will most likely be aware of this-
website https://www.centamin.com/about/our-leadership/board-of-directors/ where you can find information on appointment dates, skills and experience, and committee membership. You will note that there has been a significant refresh of the Board, with 7 of the 9 Board members having only been appointed in 2019 and 2020.
Also invite you to consult the Governance section of the 2021 Annual Report (starting at page 84) which provides an overview of how the Board works to deliver on Centamin’s strategy, including board structure, governance framework, effectiveness evaluation, activities carried out in 2021 and focus areas for 2022.
Information regarding past directors can be found in past annual reports on the website: https://www.centamin.com/investors/results-reports/ .
Can't say that anyone stands out as being exceptional or of must have status in any way??
Is this a case of more of the same?
Or am I wrong?
Any opinions welcome!
Main driver will be more ounces of gold mined..
'Creating opportunity for people through responsible mining' suggests necessary commitment to ESGs. As Mark Carney said, any company that doesn't commit to this will become extinct.
Thank you Dr Jamain, you have every right to express your opinion, so no offence taken on my part and no apology necessary,but never the less I appreciate your gesture ,very decent of you, what a pity that some of the worlds politicians can't behave in a similar fashion!
Tibbs
"Board of Directors" all I see is a Chairman a CEO and a CFO all of the others are Non Exec and the Chairman doesn't get involved in the day to day operations so wonder how the voting goes?
Non Exec are normally in an advisory position or for bouncing off ideas in their given area of expertise and the list of senior managers with the exception of a couple of individuals is pretty much a list of white collar after the fact types. Hardly a go getting team in support of the few.
I would like to see other senior operational managers in the business such as the General /Mining/Production Managers of Sukari listed among the leadership team.
Cowichan a throw away comment where you select just one sentence '"Creating opportunity for people through responsible mining" of the "Purpose, Values and Culture page which does link into Vision and Strategy.
MrT: I didn't mean to criticise you. Sorry if you thought did.
Hear!hear! Cowichan!
Good points spoonington!