Member Info for ElProfessor

Financial Conduct Authority ("FCA") moratorium on publication of resultsOn 21 March 2020, the FCA issued a strong request to all London listed companies to observe a moratorium on the publication of financial statements for a minimum of two weeks, due to the unprecedented global outbreak of coronavirus ("COVID-19").A few weeks ago Centamin put the following out:In accordance with the FCA's request, Centamin will postpone publishing its 2019 Annual Results, for the twelve months ended 31 December 2019. As soon as we are advised by the FCA on updated timing, the Company will announce the date for the publication of its 2019 results.Wonder whether they will issue 2019 full year results tomorrow alongside the Q1 Prod. I do note CEY saying that they will announce the date however they don't always follow through.Tomorrow should be interesting. Let us hope in a good way.Best wishes,Prof

Rebess, I missed that. Maybe I am being unfair in saying his record is poor. I do hope he is right.
Prof

meant to say his record is poor

Hi Rebess,
As previously posted Youssef's track record of getting numbers right but as also posted we are past the end of Q1. If therefore he is wrong then it is either deliberate disinformation or utter cluelessness. I hope neither is true and therefore the number is right.
It could however be, that Q1 is good and Q2 lousy. As DASUT has often made the point it really depends what grades you are working on at the time.
I agree that if we do get 125 announced then the market will most likely be delighted. After all the range announced for this year is 520-540 so 125 would leave 395-415 to be done in Q2-Q4 therefore an average of 132-139 per quarter.

(or 'We can but dream').
If Youssef is right that Q1 is 125k
If Q2 is the same as Q1 then H1 will be 250k.
If the signposted H1/H2 split of 40/60 still holds true.
Then H2 would be 375k and full year therefore 625k.

Sounds impossible after last year but then again a few years back there was speculation we would break through 600k the following year.

If gold stays above $1700.
If oil stays below $25.

ifffffffffffffffffffffffffff!

Hi HighlandDry,
Done that too in the past, so you are no way alone. Somehow Cey always seem to be contrarian to everyone's expectations.
Best wishes,
Prof

Tiger, Sotolo,

Let us hope, on all those accounts.

Best wishes,
Prof

and our good old share price can't even break into the 140s.

If gold stays at these levels then the SP has got to take off at some stage - surely?

DASUT,
Is that really too much to expect with the current POG. I am amazed by how low the SP is with gold now nearly $500 above what it was a couple of years ago in CEY's forecast and we have oil at a really low level to boot. Provided production is wishing estimate then we should fly at some point.
Best wishes,
Prof

Looks like CEY is trading at 2.61 canadian dollars in Toronto.
https://finance.yahoo.com/quote/CEE.TO/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAG8S6dFpl1GCnMmuxS_tWlsaz7t0wPFyRolwDw8weps4dVfx08JI3tjxJ5bnZb_NCuzXNdbnRbhqVYARSf37_j562DPRRMFpRn9qER9cb_xmy2rhPtIq92zMEL1muAcdCv3DeyZf49ly8hjJoEjzfFYIMgaB0_R50SBD2FWxphY1

... and it looks like gold has also hit an all-time how in euros.
Grateful if someone could correct me if I am mis-reading it which I have been know to do.
Best wishes,
Prof

Hi Market,
Good to hear from you as always. I had not realised the point ref the water supply dictating the choice of mine location. All well at my end and hope the same is true with you in these troubled times.
Best wishes,
Prof

Tibbs,
Thanks for confirming.
Hope you are keeping well in these troubled times and not missing Cornwall, the pints and the pasties (in no particular order), too much.
Best wishes,
Prof

Hi Martc,
Thanks for taking the time to answer. That sounds sensible.
Best wishes,
Prof

This is due on 21 Apr (source Centamin website). Don't think this will be subject to FCA requested delays so should be very informative. A good one could be the catalyst for CEY to really motor.

Happy Easter all,
Prof

Hi Tibbs,

Is the post ' One of our analysts...' a current post or an old one you are reposting for context?

Thanks for clarifying,
Prof

... well gold is at $1675 even if CEY is not.
Confidence we will follow but still surprised and annoyed that are going backwards today.
With gold at close to 1675 why would't you buy into CEY at these levels?
Best wishes,
Prof

Hi Letsi, Thanks for posting and please do more regularly. It is worth hearing what everyone has to say.
Enjoy the extra time from furlough but fingers crossed that we are back to normal soon.
Best wishes,
Prof

Hi Bob,
For a whole host of reasons, sometimes a post hits a raw nerve with other posters and they write something that it easy to take personally.
I have certainly greatly valued your posts over the past couple of months since you have started to actively contribute rather than just following the board.
I do hope you will not revert to 'lurking' and will keep posting. Your insights and thoughts are too valuable to be kept to yourself.
Best wishes,
Prof

Hi KRSS,
Hope you are right. What are you looking at to make you think this?
Best wishes,
Prof