The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I believe with this law, more mining companies will start fighting for whatever available of project locations assigned especially with the new Egypt regime that is open and invite the world to be part of the secured Egyptian civilization.
Thanks Siko,
GLTA,
Dan
mrtibbles, Centamin ignored and refused EDV for the last year and more and never looked seriously to EDV requests. Centamin was very polite all the time by saying unfair offer for the shareholder.... and EDV once they didn't find any way to consume CEY and failed to offer any good value because of their financial failure and over 700M debt they convert the action that they cancelled the deal to keep them self high head in the market after their huge failure.
CEY will see a very high and great time ahead.
GLTA,
Dan
Cowishan, Thanks for the notes, I already asked about the update of PF and I will send again including Batie West Project and Doropo visibility study.
I am sure any news was delayed by the retired (Removed) responsible of the miss we are in, will be released sooner.
Mr. El-Raghy said:
"During 2019 there have been substantial changes in senior management and this transition in leadership is beginning to be reflected in our improved operating performance.”
Also, I thought page 11 at the presentation gives some confirmed information and more than what we should ask for... Please correct me if I am wrong or misunderstand...Thanks,
GLTA,
Dan
T21A, it is easy for him to get any insider informations and even unpublished or discrete info (Which I don't think there is any)
But for sure he got in and he bought already tones of shares indirect as he did with Aton resources.
GLTA,
Dan
mrtibbles, CEY is down as usual when they have a good press releases, I never see CSY go up after good RNS since 2011 and EDV going up as the market is manipulated and as they lower it for their buy and higher the price to sell.
It is a great opportunity to buy CEY today.
Soon, you will see a complete opposite story.
GLTA,
Dan
I am not worry at all about this dip in sp today after the excellent news. It is only someone with money failed to achieve what he wants, so he punishes us with some lose of his pocket money. But soon he will realize his mistake.
GLTA,
Dan
More news from Centamin
https://otp.tools.investis.com/clients/uk/centamin_plc/rns/regulatory-story.aspx?cid=1756&newsid=1358744
Thanks TigerByTheTail for the answer I really hope they are getting as they planed for weather they got CEY or not. BTW, Sawiris invested heavily in Aton Resources in Egypt as well (V.AAN) Venture TSX Toronto.
GLTA,
Dan
Reading and googling about Sawiris, he is not allow to invest in US and he was forced to sell Wind mobile in Canada as he is dealing with the devil of N. Korea, I believe he can’t do any more new investment in Egypt for the same reason. That’s why he is trying to get Centamin indirectly.
Although, He lost a lot of money in Algeria government and can’t get his money out from N.Korea, but he is very lucky as he is worth more than $3B.
Personally, I wish the failure to N. Sawiris
Naguib Sawiris: I am seeking to acquire a diabetic gold mine .. Details
https://www.elbalad.news/4130932
Businessman Naguib Sawiris believes that the global economy is in good shape now, with low interest rates, noting that the only problem facing the economy globally is the political instability and crises in the surrounding area in Egypt.
Also read:
Decline in 12 banks .. the price of the dollar falls below the barrier of 16 pounds
Inappropriate. The Minister of Trade and Industry is considering canceling the decisions of previous ministers
"Sawiris" added in his meeting with CNBC Arabia, the economic situation in Egypt is very good and we currently have many opportunities for investment, and I was in a meeting with the Prime Minister to present the problems facing investment, and for the first time the state is participating investors in learning about the details of investment problems in Egypt.
Sawiris expected that the central bank’s policy will be to stabilize interest rates during the current year 2020, adding that the central bank will fix interest rates and will not reduce or raise interest rates during the current year.
And on the movements of gold prices, Sawiris attributed the increases that the yellow metal is currently achieving, as it reflects political tensions in the region, and for Egypt, it is still awaiting the regulation of the new mining law, considering that the law took a very long period of discussion that has no justification, indicating that The offer of his affiliate Endeavor to merge with Centamin remains in place and talks are continuing.
Naguib Sawiris is indirectly seeking to acquire Centamin, owner of the Diabetic Gold Mine, an Australian company listed on the London and Toronto stock exchanges, while the Egyptian Central Bank's Policy Committee meets next Thursday, to set the interest rate at the first 2020 meeting.
So he is trying to influent the sale case obviously for his own making more money.
GLTA,
Dan
Supercharger, sorry I don’t agree with you. You sound like you have no knowledge of the stock market and it’s manipulations. Also, if centamin didn’t counter offer is because their offer is ridiculous, and no meaning to waist time with stupid offer.
May be Because you are a day trader you just like to collect pennies but Long term investors are different or you may be supporting EDV for other reasons. But you sound to me that you support that ugly deal as you know nothing about Centamin value.
Dan