Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We will soon have more money in the bank then what the company is worth !!.
I also hope dj is right, I fear they might not pay even pay a dividend this time round, the $426 million mentioned was cash and bullion on hand before the last dividend payment of $115million was made, so that means around $300million in the bank,- but keeping fingers cross for a bounce tomorrow !!.
Non farm payrolls tomorrow, forecast 185k
Lol, - Also many Thanks Mr Tibbs for all your time and effort you put into this Board,.
Well said sparkle and lets hope you have re-enter at the bottom, Thanks for the production updates even though not sure of the accuracy of them!.
Has Armageddon just happen !!
Just a point, the $ 426,million figure is cash, bullion on hand, receivables for sale assets, actual cash at the bank was $395 million this was at the 31st March before the dividend payment of $115 million. So take the dividend out this leaves $280 million in the bank plus anything accumulated from the 1st April which with low production will not be a lot. They might not even pay a interim dividend.
still in two minds
I concur with you dealts, and mr tibbs has my support. I feel I have lost confidence and trust in the management, and there;'s no guarentee new guidence will be met and could annouce another profits warning later in the year. Also Acaica and Randgold having to deal with new minning codes because Tanzania and DRC goverments wanting a bigger share of the pie could this esculate to more Africian countrys including Egypt!. �1.80, �1.90 is just a distant memory now and i think it will be a few years befor we see those figures again so i think come tuesday i shall looking to sell up for time being.
That's a big hit to late to get out now lets hope theirs a 50% recovery buy the end of the day GL !
Have been buying some at �56-�56.70 range ,hoping price drop over done and get a bounce today, if not next week, results don't seem that bad to me and hoping that the mining code saga with (DRC) will get sorted and already in the share price, GLA.
AISC $825 better than what I was expecting $890, lets hope the market likes it ? GLA
Massa, I am also with interactive investor, the �22.50 go towards any trading fees, and should show in the trading credit facility on the trade now page, hopefully tomorrow. The maximum amount of credit that can be acquired is �90.
If for what ever reasons you have sold out Mr Tibbs I feel your frustration and also wish I had got out last year at �1.90. The board will not be the same without you. But with all the manipulation by the mms and cartel you never know their could be a good re-entry price in Nov, Dec time as in the two previous year, - what ever, I wish you and your family the VERY BEST.
Rebess- Many Thanks for that will keep in mind if and when off loading all.
Rebess, yes I know with CGT, having bought and sold over the years might need Carol Vorderman to work that one out !.
Hi Rebess, I shouldn't complain have been in here since 2012 buying first shares at 30p then gradually adding over the years so done alright with Cey. But I am with Broker Interactive investor and use their credit facility this lets you borrow up to the same amount as you have in shares & cash. So basically used to the max ( which I do and could buy a house with ) you are open to double the risk. If the same scenario happen as with Arcadia ( heaven forbids ) I would be in big trouble, and one reason at lease for selling the amount in my credit facility.
Might as well throw the rule book out the window with this share, last years �1.90 just a distant memory now. Shell hang on in for the dividend then might be time to throw the towel in . GLA.
Emergency lock 359 kg went from diabetes mine airport Monday 15 January 2018-09:36 m Mohamed Abdel Authorities at Cairo airport cargo village late Monday a State of emergency to secure discharge and transfer of 359 kilograms of gold ore from diabetes mine Morsi to travel to Canada in the next few hours to clean and sell it in global stock markets and share price. The shipment arrived on a private plane belonging to Morsi Alcan air of science with five Australian company centamin claiming diabetes mine where to unload gold that arrived within 20 expelled and transferred to an armoured car belonging to the amanko company was placed near 35 port amid tight security while travelling through the Coming hours after obtaining the necessary approvals from the competent authorities, in particular the interest waltmghah and balances mineral oil Ministry for shipping is allowed to clean out and then sold in global stock markets, share price according to contract between Egypt and centamin. " The Australian gold extraction from the mine, which is one of the top 10 of gold mines in the world. Shipment arrived at sukari tonight , tryed to post the same way as siko with the blue writing but cannot do, so copyed and paist .
I am pleased we have not hit a new low as we did this day last year, then I would have been in agreement with MrTibbs conspiracy theory, now I believe just 50% of the gold market is rigged by the cartel and mm's. On a positive note looking forward to breaking through the £2 barrier next year.