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.
The presentation is underway, get dialled in
Agreed Sotolo. Lost of good information but a lacklustre messgae.
Should sack thier communications team. Slide 17 of 48 production ounces over time is uninspiring.
Within the limitations of my understanding of the figures/outlook:
Regarding today's news/report - The simple phrase that comes to mind is 'lead-balloon'.
Peel Hunt just reaffirmed it's BUY rating at 140p that's a 50% increase on today's bargain price.
you also get paid to wait via the c.10% dividend...
The event will start at 10.00 am GMT and, including a Q&A session, is expected to end no later than 11.30 am GMT.
Event access: To join the webcast: https://webcasting.brrmedia.co.uk/broadcast/618e790238a15b548bb9077d. Please allow a few minutes to register.
A recording of the event and presentation material will be available on the Company's website shortly after the webcast has concluded.
Questions: During the live event, there is a tab where investors can submit questions. Should any questions arise after the event or while watching the replay, please email investor@centaminplc.com.
That was before the mine issue- however I think that this is a buy now from all the things we’ve hoped for since that issue and the RNS today
The problem is this promises great jam tomorrow but a lot of investors look at Jan today and currently profits will be lower than at the time of the endeavour bid because of how much higher costs and lower ounces that more than obviate the change in sterling gold price. However I am extremely happy to hold as I am looking forward to lots of delicious jam in 2024 onwards
Bargain at this price.
ok..found it..Endeavour bid 126p in Dec 2019 when gold was trading at 1,500 vs today's 1,800 gold and share price of 93p and now we've had a reserve upgrade...er...looks good value to me....https://www.reuters.com/article/us-centamin-endeavour-mining-m-a-idUSKBN1Y70TX .
RNS release on 8th December confirms that peak gold for Centamin was reached in 2016 with production of 552,036 ounces at an AISC of $ 694 an ounce .
RNS presentation later this morning to confirm future targets to increase current production of approx 410,000 ounces to increase to approx 450-500 ounces by 2024 at an AISC of $ 900- 1175 an ounce .
The initial reaction from the markets was muted .
definitely debunks Liberum SELL case which is based on them not having any upgrades to Sukari....stability and upgrades to CEY's main asset can only make them more attractive to the majors...at what price was the Endeavour offer rebuffed?
The only issue was FY22 AISC, else very good indeed- and Sotolo is happy
Couldn't have hoped for better, happy to be invested here.
SUKARI RESERVE GROWTH SUPPORTS ROADMAP TO 500,000 OUNCE PER ANNUM PRODUCTION
RazorsEdge, i thought the reference I made yesterday that you kindly corrected me on made some sense ;) may we enjoy many more years investing with CEY :)
The webinar should reveal more but looking good. A hold/buy for 2022 I d suggest
Move along folks , nothing much happening here...
Let's wait and see the reaction before, during and after the webinar, I for one feel much more positive :)
Hoping to see over £1 by Friday…
93p here we come
Yes by 2024 now, but on the way. 250-375k fall in aisc partly on production getting back to above 500koz. If all this happens and looks sustainable then as long as gold stays up our share price should recover. I am hanging on!
#CEY set a 3Moz reserve growth target by 2024 and today announced 1.1Moz reserve growth from Sukari! ?? $CEY set a 4yr $100m cost savings programme and today announced a 50% increase to $150m ??
Read more:??loom.ly/hk-6Mig
#cultureofcontinuousimprovement #growth #savings
https://twitter.com/centaminplc/status/1468479215238619145?s=21
All sounds positive so let's see what the market does with this today, also nice to see gold moving up slightly after a 3 week fall
:)