The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The fed said it once a few years ago (Janet Yellen) we have to keep Gold and $US in balance, news always comes when one or another gets hot, lately $US down gold high. As expected to keep $US high against the BRICS as well, I believe that the FED created the Bitcoin and no one else as it is in control to replace the $PETRO so if you need to buy Bitcoin or any other digital you need to convert your local currency to $US (keeping $US in more demands to fight the BRICS.
Why the FED very quite about the Bitcoin that has no back up value, and worth not even the air we breathe. If it was really created by any one, the FED would end it.
This is only my opinion and I have no evidence of any but a logical explanation as there are many theories about who created the Bitcoin as no one know the real creator, started by Chinese then many other countries and names no one know about
Bitcoin.com
Type of site Private
Headquarters Saint Kitts and Nevis
Area served Worldwide
CEO Corbin Fraser
Industry Cryptocurrency
This doesn’t convince me as it’s real scam. Once the $FED achieves their goal they will destroy the Bitcoin and create the real digital that based on economic data.
Have a great day and GLTA,
Dan
Sorry forgot to mention the site for gold with a strong buy...
https://ca.investing.com/commodities/gold-technical
Tornadotony, I agree with you for the short days as many sold while high today, but don't forget the circumstances of incoming lowering interest rate and tough world economic in addition to the war that start glooming around that will make gold going higher and will keep its value.
GLTA,
Dan
Gold and $US,
When USA came up with the Petro dollar; gold was down to a $200, most Countries sold thier gold. At the same time US were accumulating gold and now they have the most highest gold reserve. (only China understand the plan)
Gold.org
When BRIX started to deal with their own Currency they start to buy gold to back their own currencies. So gold is going higher so the $US keeping its Value.
Note: do you know why now the western countries try to kill the oil and come up with the hoax climate changes and promote electric use? The earth history been changing climate over the years and there are too many volcanic eruptions and burned 1000's of hectares wood areas arround the world enough to produce 100K time of auto gas running and others running by coal
You can't beat US plans...
GLTA,
Dan
Https://www.cnbc.com/2023/12/15/citigroup-employees-told-they-can-work-remotely-until-new-year.html
https://www.youtube.com/watch?v=Bc992HJlV7I
Dan
DASUT, I am sure all long-holders are very angery with the performance of Centamin, especially when the $US is almost over 34 GPb, that should lower the AISC , it seems the cost of mining goes mostly also to management salary and bonuses that they didnt deserve it.
I bet the management spending a few days per year on site to see whats happening (I may be wrong but that is my feeling)
This management should be removed and not be supported for any of the requested Salary increase and bonuses this year .
Many promises and nothing but failuer to achieve any target.
GLTA,
Dan
News for CEE
Alert Sent 2023-10-18 04:46:24 AM ET
Delivery preference: Immediate delivery
K=Thousands, M=Millions, B=Billions, TTM=Trailing 12 Month, MRQ=Most Recent Quarter, FYR=Fiscal Year End, NM=Not Meaningful, NA=Not Available
GAAP = Generally Accepted Accounting Principles used in Financial Statements issued by the company, Non-GAAP = Adjusted Operating Earnings or Revenue used in comparison to Analyst Estimates.Adjustments are typically one-time gains or losses.
© 2023 The Toronto-Dominion Bank. All rights reserved.
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DJ Centamin Has Several Near-Term Drivers for Upside -- Market Talk
2023-10-18 08:46:00 AM ET (FW)
DJ Centamin Has Several Near-Term Drivers for Upside -- Market Talk
1246 GMT - Gold miner Centamin's new life-of-mine plan for its Sukari mine in Egypt provides several paths to increase its valuation, Berenberg analysts Richard Hatch and William Dalby write in a research note. "We think that Centamin is on track to create more shareholder value over the next 12 months, with plenty of catalysts/upside from the updated life-of-mine plan," the analysts say, also pointing to upcoming updates from a desert exploration program and the completion of the definitive feasibility study on the Doropo project in Ivory Coast. Centamin reports its third-quarter production figures Thursday. Berenberg keeps a buy rating on the stock, while lowering the price target to 130 pence from 147 pence. Shares are down 0.4% at 85.75 pence. (Christian.moess@wsj.com)
(END) Dow Jones Newswires
October 18, 2023 08:46 ET (12:46 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.DN202310180046242023-10-18 12:46:00.000004624DJNF
GLTA,
Dan
Green Flag News for CEE
Alert Sent 2023-10-17 01:50:50 AM ET
Delivery preference: Immediate delivery
DJ Gold Miners Should See Results Supported by Rebounding Prices -- Market Talk
2023-10-17 05:51:00 AM ET (FW)
DJ Gold Miners Should See Results Supported by Rebounding Prices -- Market Talk
0951 GMT - Gold miners should see upcoming results supported as gold prices continue their rebound from a recent seven-month low, Berenberg analysts Richard Hatch and William Dalby write in a research note. "The gold price rise continues a rebound from lows of $1,820 an ounce on Oct. 5--levels not seen since March this year--driven by elevated treasury yields as investors weigh the likelihood of one more interest-rate hike by the end of the year and amid ongoing hawkish sentiment from the Fed," they say. Berenberg's favored gold-mining stock names include Endeavour Mining, Hochschild Mining and Centamin. The German bank has a buy rating on all three, with price targets of 2,400 pence, 130 pence and 147 pence, respectively. (christian.moess@wsj.com)
(END) Dow Jones Newswires
October 17, 2023 05:51 ET (09:51 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.DN202310170018322023-10-17 09:51:00.000001832DJNF
GLTA,
Dan
Siko, you have my support, as well as Cowichan doesn't know what he is talken about or ignorant in politics.
My apology for talking about subject is not belong to this site.
Wish peace to all parties and God help us all.
Dan
DJ Centamin's Share Price Seen as Undervalued -- Market Talk
2023-09-25 09:53:00 AM ET (FW)
DJ Centamin's Share Price Seen as Undervalued -- Market Talk
1352 GMT - Centamin will see a steep rise in Ebitda over the next few years, which the current share valuation seem to overlook, Peel Hunt analysts write in a research note. "The shares do not seem to give credit for rising output at Sukari [gold mine] or the longer-term growth at Doropo [gold mine]," the analysts say. The Ivorian Doropo mine will drive the gold mining company to $500 million in Ebitda per year on better gold pricing, grid power benefits and better grades from 2025, they say. "Fast forwarding to 2027 and a productive Doropo could see a share price of over 180 pence, even before benefiting from any further exploration successes." Peel Hunt maintains a buy rating on the stock, while lowering its price target to 125 pence from 135 pence. (christian.moess@wsj.com)
(END) Dow Jones Newswires
September 25, 2023 09:53 ET (13:53 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.DN202309250039592023-09-25 13:53:00.000003959DJNF
GLTA,
Dan
Just in case you missed it
SIMPLY WALLST
Hello Daniel, you have 1 new important update for CEY
Centamin
CEY
Share Price 7 Day 1 Year
0.93 -4.4% 10.7%
Consensus EPS estimates increase by 12%
The consensus outlook for fiscal year 2023 has been updated.
2023 EPS estimate increased from US$0.124 to US$0.138.
Revenue forecast steady at US$882.2m.
Net income forecast to grow 98% next year vs 17% growth forecast for Metals and Mining industry in the United Kingdom.
Consensus price target up from UK£1.30 to UK£1.34.
Share price rose 2.1% to UK£0.95 over the past week.
GLTA,
Dan
RNS Number : 1625H
Centamin PLC
26 July 2023
26 July 2023
Centamin plc
("Centamin" or "the Company" or "the Group")
(LSE:CEY, TSX:CEE)
INTERIM DIVIDEND DECLARATION
for the six months ended 30 June 2023 ("H1 2023")
Consistent with the Company's stated commitment to shareholder returns, the Centamin Board of Directors are pleased to declare an interim dividend of 2.0 US cents per share (US$23 million), for the six months ended 30 June 2023.
As per the dividend policy, this distribution is in line with the commitment to return a minimum of 30% of Group free cash flow before growth capital expenditure1 to shareholders in cash dividends. In consideration of the below factors, and reflecting the Board's confidence, a total of 56% of H1 2023 Group free cash flow before growth capex will be distributed to shareholders on 29 September 2023:
· Centamin is in a financially robust position with US$161 million in cash and liquid assets
· The US$150 million sustainability linked revolving credit facility remains undrawn as a result of H1 2023 growth capex being funded from cash flow
· The gold price protection programme limits the revenue downside risk below US$1,900/oz gold price
· The Company is operationally and financially well positioned for a stronger H2 2023, in line with plan
The interim dividend is calculated by the following:
30 June 2023
US$'000
Group free cash flow
19,362
Add back:
Growth capex financed from treasury[1]
21,818
Cash flow available for dividends
41,180
30% minimum distribution as per dividend policy
(12,354)
Surplus cash flow for discretionary capital allocation[2]
28,826
Board interim dividend supplement
(10,814)
Total interim dividend declared
23,168
DIVIDEND TIMETABLE[3]
Below is the final dividend timetable for the London Stock Exchange and Toronto Stock Exchange:
· Ex-Dividend Date: 31 August 2023
· Record Date: 1 September 2023
· Last Date for Currency Elections: 4 September 2023
· Payment Date: 29 September 2023
Dividend Currency Elections
The dividend will be paid on 29 September 2023, in US Dollars ("USD") with an option for shareholders to elect to receive the dividend in Pounds Sterling ("GBP"). Currency elections should be made no later than 4 September 2023 as per the instructions detailed on the Company website (www.centamin.com). Payments in GBP will be based on the USD/GBP exchange rate on 5 September 2023 and the rate applied will be published on the website thereafter.
As a Jersey incorporated company, there is no requirement for Centamin plc to make any withholding or deduction on account of Jersey tax in respect of the dividend.
ABOUT CENTAMIN
Centamin is an established gold producer, with