Member Info for ElProfessor

Correction:
Production nearly 105oz which would actually put us bang in the middle of the estimate for FY.

On a quick skim it all looks as expected. A comfortable Q1 production of nearly 110oz which suggest full year should be closer to top end of estimate and also moves us away from the dreaded poor H1 with the promise of it all being made up in H2.
AISC looks lower than expected. Would be interested to hear other views.
Will now read in slower time and digest.
Best wishes,
Prof

Hi DaggerMal,
I like to think it is just nervousness ahead of tomorrow. After October's awful news I know I held off buying today out of fear of a repeat even though I was really tempted.
Let us hope that tomorrow we get a double lift: good news and a boost from no bad news.
Best wishes,
Prof

Arfur,
You just tempted me to go and find a Tunnack's caramel wafer, albeit more in hope than expectation. Amazingly I found a stray one at the bottom of the cupboard that Professor Jnr and Professor Minor had missed on their last ransacking.
Yum, yum!
Prof

Hi SuperC,
Agree Cey are likely to be good tomorrow. Have hovered over the buy a few times today but held off given I have a lot already and am still nursing the experience of Oct last year with the 2 shockers of RNS. Have not got FRES but am tempted. Am doing rather well on Rambler (RMM) a recommendation from DJRyan and also Jubilee (JLP). Still very heavily exposed to miners and cash in anticipation of a market correction but have been for months so missed out on the Dow's recent rise. What about you?
Best wishes,
Prof

Arfur,
How was the Tea Cake?
Prof

Although I guess that silver's surge in the last few minutes to 26.35 (a month high) helps. Hopefully some significant legs in this over the next few days provided silver doesn't fall back.
For those of you who also hold CEY strange to see a small fall there today despite gold knocking on the door of the 1800 which again is a month high. Nerves ahead of tomorrow?

HOCs currently third highest riser in FTSE250 for the day. Not a bad position particularly where we started the day.

This was due to start at 1400hrs today. Did anyone join and if so was there anything of interest?
Best wishes,
Prof

HOC performing broadly in line with FRES and CEY this morning so it looks like the results are being taken as neutral.
I would hope that as the 'fear' factor that the results could have been bad dissipates that we start to move back up relative to the others.
Best wishes,
Prof

Morning Sotolo,
Thought you might be on here early digesting the Q1 figures.
On the plus side we have sale price realised for gold in Q1 up about $80 per oz on last year and silver up a whopping $10 (guess that takes into account the $27 hedge). So financials should be good.
Combine that with gold being back above $1785 this morning and silver above $26 and I would expect a good opening for us.
Best wishes,
Prof

Me too Sotolo. Was doing quite nicely on HOC's legendary volatility but it is being a bit too stable of late. Got 40,000 out at between 257 and 265 on the temp silver blip which was very lucrative having bought them at around 210-220. Also had a a few 10 pence gains. Latest batch not yet doing so good. Bought 20,000 at around 222p and while I then sold at 214 and rebought at 210 and also bought a further 20,000 at 202, I am still down for the moment. Pretty comfortable it will turn again.
Would be nice to see CEY burst higher.
Best wishes,
Prof

Thank you Lynny.
Best wishes,
Prof

They weren't sold after hours they were reported after hours. That would mean that the 5.1M has already been sold. If that is the case then we might see an increase in the SP next week now that the overhang has gone - unless of course MMs have bought and now have a lot of shares on their books to shift. But then again they don't buy to then sell at a loss.
So all in all I suspect there will be little to no impact from the 5.1M going forward.
Best wishes,
Prof

?

Thanks Razor.

I suspect there are unlikely to be any key announcement in the short term as they would have been classified as price sensitive hence MH would not have been able to buy.

Darren,
You would think so but then again in later summer everything was looking so positive for CEY that i was expecting 300 by year end. Oh well, only out by a factor of 3.
Health warning about my complete inability to predict this share on the table, I would expect 130 by the summer this time.
Best wishes,
Prof

Mr Brains,
Like you I have increased (this morning in my case) and bought a couple more tranches of 10,000 shares, both in the low 103s. Difficult to see this falling further, although of course gold price is a key risk as it a fall across the board in equities which would probably hurt us short term before recovering (like last year). Lots of upside and of course the juicy CEY dividend should propel this higher. Like you a LT holder so well aware of Centamin's ability to disappoint when all looks good.
Best wishes,
Prof

Thanks Dasut. I was hoping you would be one of the people who would share their very knowledgable view.
Strange reaction overall today!
Best wishes,
Prof