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Hi Instant,
No disrespect intended , Centamin has always been a contrarian share and as such it has rarely if ever followed what are regarded as usual behaviours or market movements of similar shares..
You may want to bear this in mind .
Yes Auson,I noticed the same ,the odd 50k and 75-80k sells, so definantly slowed.
Could even be a holder on here, or as you say a manipulator.
W Quant seem to be reducing their short at the moment.
The 100k block seller seems to have stopped, yesterday looked like there were a few 50k block sells but today its all random smaller numbers so I feel we are now trading in a free ( less manipulated ) market.
Yeah, I've just taken 80% off the table
CEY SP not following the rules ATM.
Obviously in MO only
It's going to be a 'blood out of a stone' situation I think to glean any info. re the new contracts. - It's possible and I've speculated on this possibility before, they might be saving it to release with Q2/market update. - If the news isn't so good, using the good news, hopefully, of the new contracts, as a cushion. - We'll see.
Hi Red,
I agree, we get some supposed serious traders that pop up on here from time to time who accuse members of being off topic, etc, etc, but in many ways this helps to expose anyone working to an agenda with the intention of trying to influence other Centamin share holders trading decisions.
Those type of people pop up and then go through the stages of posting spiteful snipes about sticking to the point or "Off topic", but as Mr Bond and others pointed out when you look at the content of their contributions made to the forum it consists of very little, if any useful or even reliably accurate information and may in the main be regarded as "Snot & gobble custard!".
I certainly take no notice of the share bashers and fart in the general direction of their odious employers and masters!
We can do little about our corrupt and lying government (apart from try to vote he buggers out , if we ever have another fair election) or the LBMA & Cartel precious metals market manipulators ,but we can continue to try to stay strong and help one another by our conversations on possibly the best Centamin chat forum on the web!
With that in mind I would like to thank the LSE and its forum moderating staff for facilitating our Centamin chat board, and last but certainly not least, also wish my fellow forum members and genuine share holders good health, wealth and happiness for the future!
Tibbs
Cheers Tibbs
Always remember Mando that you aren't alone, you are amongst friends who share the same concerns and frustrations as you do, sometimes it's good to be able to let off some steam, and certainly better than being panicked into making hasty trading decisions!
Tibbs
I agree to that on the basis references are cited with dates... Otherwise posting out of date negative info is just fud.
Hi Mando,
It's not a bad thing to repost some previous news or information , certainly regarding Centamin ,it helps to remind long term holders of outstanding or unresolved issues and it also alerts newer investors to information or issues they possibly weren't aware of, but need to be!
So well done and thank you to both of you!
No worries. I guess I'm a bit sensitive on CEY. I' m up to my eyeballs in the stock lol
Fair enough Mando, you’re actually correct.. I was operating on my iPhone and when I opened the (Mining Journal) link no date was shown now I’ve just opened it on my iPad the date is revealed.
All this will make no difference to the share price.
Cheers
Hi RazorsEdge. Ok, maybe I was a bit harsh and sorry halfpenny if it was a genuine error.
But I see halfpenny's post being created today at 08:22 with no reference links and as gold price rises, so I google searched the full wording from the post and the first search result took me to the article I linked below which is dated on the page 02 December 2020. So it seemed like a fud post to me..
Mando I see no date on Halfpenny’s post.
There is reference to a release last October but no date.
Be interesting to see if someone who actually subscribes to Mining Journal can clarify.
Meanwhile chil-axe
Nice find. Thanks
Why did you post this 7 months after it was reported?
A google search on your exact wording brought me to this article.
https://www.mining-journal.com/gold-and-silver-news/news/1400512/centamin-hits-reset-at-sukari
“ At Sukari in Egypt, where it is working for Centamin PLC (LON:CTY), Capital said earthmoving works continue to ramp up in line with expectations and guidance for full operating run rate remains the fourth quarter of this year.
Reflecting the Sukari ramp-up, net debt at the end of June was US$33.6mln.”
https://www.google.co.uk/amp/s/www.proactiveinvestors.co.uk/companies/amp/news/955072
Centamin hits reset at Sukari
Centamin CEO Martin Horgan has effectively hit the reset button at its faltering Sukari mine in Egypt with a three-year plan designed to cut costs and boost efficiencies, leaving headline ounces on the back burner.
Equities in Europe traded lower in the premarket on Thursday as the spread of the Delta strain of COVID-19 remained in the center of public attention. The day before, the United Kingdom registered most daily infections since January. Earlier, German Chancellor Angela Merkel warned the vaccination rate in her country is far from the government's target.
The DAX lost 0.16% at 8:01 am CET. The CAC 40 declined by 0.20%. Meanwhile, the FTSE 100 stood flat.
The euro stood flat against the dollar to sell for $1.18419 at 8:00 am CET. At the same time, the pound sterling lost 0.06%, changing hands for $1.38516.
Breaking the News / JR
I have commented previously on the growth (and growth) of private equity, and their ability and appetite to buy very large key assetts. Here is one int he US doing the smaller stuff...and buying from the nickel discard pile, but paying A$15-A$100m
https://www.blackmountainmetals.com/news/
Going more upmarket, going after Nnickel, cobalt etc but just setting up shop.
Two of the biggest names in Australian mining have thrown their weight behind a star-studded special purpose acquisition company (SPAC) in the United States (not the easiest jurisdiction for mining companies, as some of the laws are still nineteenth century) under a plans to acquire copper and battery minerals assets.
Former Northern Star Resources talisman Bill Beament and former Fortescue Metals chief executive Nev Power have joined Glencore director Patrice Merrin in “Metals Acquisition Corp”; a SPAC that filed its prospectus with the United States Securities Exchange Commission (SEC) this week.
SPACs are listed shell companies with no business activity that raise money with the sole purpose of making future acquisitions and Metals Acquisition Corp hopes to raise up to $US287.5 million ahead of a likely listing on the New York Stock Exchange.
and of course the usual suspects ...
Heavyweights Robert Friedland and Sir Mick Davis have topped the list of investors getting involved in SPACs as a way of buying mining and energy assets.
I expect to see alot more of this happening as some of the ocmpanies are very undervalued, and have been for sometime.
So if an assett (including company) remains undervalued, it is reasonable to expect a knock on the door. They are paying premiums more than the standard 30% (if the assett is good enough)
best
the gnome
I'm surprised this is 103p.
Gold has been rising yet cey is tent pegged.
It has, in fact, been deleted from several boards, I believe.
It certainly was deleted from WRES this afternoon then after C&P'd by another poster.
Either Admin have gone home or just given up for the night.
Early Bath.
I think people who post on here are pretty genuine, on the whole. We get some traders who buy and post buy recommendations. I see nothing wrong with that, and we know who the traders are - nice enough bunch. We've had the odd person trying to worry some longer-term holders into selling - the 80p merchants. But they get rubbished by those who know this company inside out. Besides, if you've held since the £2 days, you're not likely to sell now.
The bottom line is that the price of gold is a function of people's confidence in government. Certainly that confidence is draining away by the day because the lunatics have taken over the asylum. It is so obvious to anyone with half a brain. In fact, the current joke doing the rounds is:
What's the difference between a conspiracy theory and actual government policy?
Answer: About six months.
Obviously, the same thing has its mirrored companion, more common in my experience, whereby a group.of multiple Identity posters conspire to lure people into buying shares in a stock which has some class of naked short on it
But you all already knew that too, eh?
Good to seeing it being aired.