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I can confirm that the Sukari life of mine presentation will be hosted on Wednesday 8 December. Please find attached the details of the event.
Centamin will host a virtual investor presentation on Wednesday, 8 December 2021. Members of the Executive and Senior Management team will present the updated life of mine plan for the Company's flagship asset, the Sukari Gold Mine, including further identified opportunities, framing the long-term vision of the asset.
The event will start at 10.00 GMT and expected to end no later than 11.30 GMT, including a Q&A session.
EVENT ACCESS
To join the webcast: https://webcasting.brrmedia.co.uk/broadcast/618e790238a15b548bb9077d.
Please allow a few minutes to register. A replay of the event and presentation material will be available on the Company's website.
QUESTIONS
Investors are welcome to submit questions prior to the event via the above link or by emailing investor@centaminplc.com.
I concur
Is it possible that both dates are still in play? - One for the announcement, followed by the investor-link one week later. This will allow time for the first announcement to sink-in.
As I’ve said before- intra day gold price cause movements not necessarily absolute price- not always the case but more often than not will all else being equal
Thanks Mr. T. It is confusing as they said "publish" on 1st when they said it a while ago and "present" when they mentioned in the RNS the other day... so I assume they will present the published info- good luck :-).
Shares in Europe traded mostly lower in the premarket on Wednesday ahead of the release of multiple economic reports throughout the day. The United Kingdom will reveal its latest results in consumer and producer prices. The European Union will post updates on its consumer prices and construction output.
Earlier, Germany unveiled that its seven-day incidence rate, the number of individuals infected with COVID-19 per 100,000 people, reached another record-high of 319.5.
The CAC 40 stood flat at 7:15 am CET. At the same time, the DAX lost 0.19%. Meanwhile, the FTSE 100 declined by 0.33%. Both the euro and the pound sterling stood flat against the dollar at 7:17 am CET to go for $1.12985 and $1.34248, respectively.
Breaking the News / JR
Happy hump y’al
Great to see a genuine success story, in Burkina Faso. Started in 2007/8 runing into the financial meltdown, and onwards. Basically developing form a Greenfields discovery, now worth $1.4 b .. employ 90% local staff ... led by 2 Geologists
and one since inception.
https://stockhead.com.au/resources/west-african-resources-boss-richard-hyde-on-why-its-the-place-to-be-for-a-new-gold-miner/
Makes the CEY effort in Burkina so far very ordinary, but still time to learn. It ca be done, and has been and they are building
best
the Gnome
I will see if i can get some clarity on this and let everyone know.
Tibbs
That’s what I thought too, I had a post prepared this morning above the fact that the cc was dated exactly one week after the reports publication but the way the “calendar” now reads on Centamins website it’s no longer clear if the report is due on the 1st or the 8th
Clarity needed!
I took it the report comes out as an RNS on 1st Dec and the presentation is week later eg time to digest and compile questions- but obviously I could well be wrong.the bit at the of the RNS asks for questions beforehand
The bit at the bottom of the RNS is:
QUESTIONS
Investors are welcome to submit questions prior to the event via the above link or by emailing investor@centaminplc.com.
From Q3 Report:
"The Company will publish updated Sukari Mineral Reserve and Resource statements and the results of the Sukari Life of Asset (Phase 2) optimisation work programme on Wednesday 1 December 2021."
From Yesterday:
"Centamin will host a virtual investor presentation on Wednesday, 8 December 2021. Members of the Executive and Senior Management team will present the updated life of mine plan for the Company's flagship asset, the Sukari Gold Mine, including further identified opportunities, framing the long-term vision of the asset."
Not that a single instance matters - but changing a date should be followed up with an explanation.
Why? Because it's been a horrible habit over the years with more important stuff. For example - we are promised resource update for project X during consecutive quarterlies then suddenly you hear nothing for 12 months. Then nothing for two years. Then you ask. Then you are ignored. Then the project never existed.
Accountability - from the little details to the multimillion dollar boondoggles - it's all related.
Disclaimer: I hold the long term directors and tenured management to account. Our CEO doesn't yet have the history to be included in such criticisms.
Hi Tibbs,
I've sent previous iterations - but not today's particular wording. Perhaps Tyler Broda will notice the tag on LinkedIn - but I doubt such an uncomfortable question would make the final cut.
Hi Cowichan,
Have you sent this to Centamin IR?
If only to hear a "We're working on it" publicly. Ignoring the deadline(s) are what lost Centamin shareholders a 1.4 million ounce gold reserve at Wadaradoo. We keep hearing management talk about 'value creation' but when the rubber hits the road it's the shareholders who are left in the dust...
https://www.linkedin.com/feed/update/urn:li:activity:6866344741919830016?commentUrn=urn%3Ali%3Acomment%3A%28activity%3A6866344741919830016%2C6866409145592012801%29
Centamin PLC investors deserve to know if there is any progress divesting/developing the #BurkinaFaso Batie West / Konkera gold deposit. Centamin's board of directors need to act before relinquishing more gold reserves to the state AGAIN. Don't allow shareholders to be burned twice. Let's not forget that under the previous CEO Andrew Pardey's watch Centamin shareholders lost tens if not hundreds of millions due to inaction - allowing the 1.4million ounce Wadaradoo deposit revert to the state. The Batie West deadline is now upon us. Tyler Broda Rick Rule Martin Horgan Ross Jerrard BlackRock B2Gold Corp. Orezone Gold Corporation Endeavour Mining Corporation Barrick Gold Corporation RBC BMO Financial Group LSEG (London Stock Exchange Group) #mining #firesidechat
Don't really understand you question, but with gold mining just think in the longer rather than the short term!
It will be several years possibly more, possibly never before any f these newly awarded concession are turning out a respectable guidance
Hi Candid,
Absolutely correct, in view of what has happened in the past the data on which they were based must be questionable to say the least, so I can understand why Martin Horgan has abandon those past forecasts and he now wants his own team to reassess the reserves.
A very sound and methodical approach seems to be the way of things now and although total guidance may be less the reduced AISC and hopefully increased POG will help profits.
Whatever spoof was put about in the Egyptian media in the past it is clear now that the predictions of 550,000-600,000 oz per year from Sukari were pie in the sky and have done us no favours.
it is also apparent that so many of the analysts that produce these reports have very little if any actual hands on experience of running a mine and the fund mangers certainly don't have any which why they are so willing to believe spoof in preference to reality.
HELLO ANYONE KNOW WHEN CENTAMIN CAN START PRODUCING GOLD FROM EW MINE 3000 MILES
THANKS
G
Sorry , pressed the wrong key, I am interested in the direction of movement beyond their next 3 years target resets
Hi Mr T.. yes I recognise the unpredictability of forecasts. However i read in one of their reports and presentations that they were abandoning absoloute targets of 500,000 ounces a year , in view of previous events, but they didn't spell out what their alternative targets were .ich
Lucy Harley-McKeown
Tue, 16 November 2021, 9:22 am·2-min read
In this article:
Vodafone rises to top of FTSE as earnings boosted by roaming charges
The telecoms giant also gained off the back of visitors to the UK using its network as international travel reopened. Photo: Mateusz Slodkowski/SOPA Images/Sipa USA
Vodafone (VOD.L) has so far been one beneficiary of Brexit, with its earnings jumping on travellers clocking up roaming fees.
Between 2017 and the end of 2020, UK consumers were able to use the minutes, texts and data included on their mobile phone tariffs when traveling in the EU.
But since January 2021, UK operators have been allowed to reintroduce roaming charges because the UK left the EU and the Brexit trade deal did not rule them out.
The UK's trade deal with the EU said that both sides would encourage operators to have "transparent and reasonable rates" for roaming.
The telecoms giant also gained off the back of visitors to the UK using its network as international travel reopened.
Revenues from mobile services rose 1.3% thanks to strong growth in its consumer division, offsetting a fall in its business connections services.
Before the release, AJ Bell analysts said: "Vodafone’s shares have done virtually nothing in the past 12 months as they are no higher than they were a year ago. In fact, they are trading no higher now than they did in 2002 when the tech, media and telecoms bubble was bursting."
Vodafone five-day look. Chart: "Despite the recovery, cash continues to walk out the door and net debt is rising even as the group shrinks, now sitting at around three times full year cash profits," said Nicholas Hyett, equity analyst at Hargreaves Lansdown.
"Exclude the cost of spectrum auctions and things are a little better, but spectrum is a very real cost that telecoms groups have to pay to remain competitive. It’s not going away, and we strongly believe all telecoms groups need to find a way of meeting the cost without simply 'adjusting it out' of the accounts.”
Opinion of a very experienced mining analyst-
Demonstrates the new management are dong things properly as this seems to be part of advancing the exploration regionally around the mine.
Not part of life of mine.
It will take a 1-2 months to get the first results, depending how they chose to batch samples: submitting after each hole drilled or combining several holes.
Good news should be a pointer to direction-of-travel. - - Alternatively, if we are being set-up, it could be a clue as to other devious plans. - Let's hope it's the former. - Words don't mean very much to me when it comes to Centamin. - Don't tell me, - show me. - Perhaps then, trust can be restored.- We'll see.