The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Sure Dr. Copper, everyone is entitled for his/her opinion; even if they are from the opposite parties. Knowledgeable with what they are talking about or ignorant of fundamentals and market manipulations.
Good luck for your try....
GLTA,
Dan
Here is what I think about this quarter:
Since Gold was an average $1250 an ounce H1 2019 and AISC $925 AVG means $275 to $300 an ounce clear.
Now the gold AVG 2nd 6 months of 2019 $1450 plus means $500 to $550 per ounce clear
The difference between the ounce profit is about $225 which is about 40% increase of the CEY profit this H2 and as the lower level of production guidance of 490K by end of the year.
Here the trick point:
If the management is playing game against investor will go back and lower the production for Q4 to help the deal going and legal action must be in place for the activities of COO Mr. Jeremy Langford from Endeavour (07/17 to 02/2019) with Mr. Pardey. (sound far of truth since Mr. J.L. was hired 3 month later after leaving Endeavour.
But if the production is going as planned between 485K to 490K means they did their best to improve the CEY market valuation.
They have to prove their intentions by end of the year and be more clear and more communication from now on with investors and stop this bomb shells on top of our heads.
GLTA,
Dan
Very good post Mikefreedom, I am very mad at those management behavior, they did a lousy job. CEY should be at least £3, after waiting all this years. I believe that Pardey work it out for the favor of Endeavour. God knows but I believe the management betrayed the long term share holders.
Very sad and I won't agree about that deal.
GLTA,
Dan
Hopefully, they are right and just goes up that much but I will be happy to go $2000 and keep properties prices up as well. LOL
https://goldswitzerland.com/egon-von-greyerz-interviewed-by-as-good-as-gold-australia-gold-to-reach-10000-property-prices-to-collapse/
GLTA,
Dan
Hi mrtibbles, I was very disturbed by reading your post, and went to search the truth i found that those sites you mentioned are exactly as Monkey read Monkey write. they are all fake news and pics and videos are from older as the Arab spring as it was called. this site will correct those fake news by The Guardian, CNN and BBC.
https://gulfnews.com/world/mena/egypt-slams-al-jazeeras-fake-news-coverage-of-anti-sissi-protests-1.66591709
GLTA,
Dan
mrtibbles, I believe that CEY and AAN management and investors are telling the world with the lower performance don't invest in Egypt. Unless the Egyptian authorities get the message and solve & clean their laws and be open minded to the world for investments. It is a political all a long. No matter what their president say but there are more in parliament and Ministers are coward to face the truth of world investments; I can read that from CNN interview with Naguib Sawiris.
Still very mad at CEY management and hope they do work better for all the salaries and bonuses the grab from us.
I am very patient to see the good results by end of year. Don't forget that AVG gain from $300 to $500 per ounce for the second H2. Gold for H1 was AVG about $1250 and $1450 for H2.... That will make a huge difference on Dividends.
GLTA,
Dan