RE: Re June prduction13 Jun 2018 21:54
Hi Rebess,
Yes... if the target is reached. I am leaning towards Mr Tibble's view on this (excellent work on the info from CEY PR BTW, top notch). Management was asleep at the wheel here and needs to prove that this was indeed an aberration and not the start of something worse. I am also concerned that news from West Africa has been thin or absent. Given that Egypt seems to be perpetually burying their heads in the sand (and they have a lot of that!) I would hope mgmt has outlined a growth plan outside the country. Having said that, I see that Egypt recently ranked 16th safest country in the world according to a recent poll putting it ahead of the UK and the US. Let's hope it continues to be safe and profitable for CEY.