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Looking at sp chart of all time I can noticed that they have pumped sp twice and than bring it back to the start price....They have done it now again. That can not be a coincidence, especially now when price of gold is much higher. We have been on this sp level in April 2019 when gold was 1270usd so much lower than now. It would be interested to see who has been buying today. At one moment near the market closing there were bought 3 million shares in a second. Another similar purchase has happened few minutes later. If those buys have been made from insiders, we will see that tomorrow, than this is the bottom and whole sp movement is fabricated.
Russia did not annect Crimea. There was democratic referendum and people of Crime decided to join Russia. You have forgot that before that NATO has made military puch in Ukrain and new NATO puppet govornement that support Banderas nazi metods have started reperession against Russian peiople living in Ukrain. So only NATO pakt has occupied Ukrain and no one else. Start to read correct information and and not lyes.
I am just telling you what management of Cey has already told you. My thinking and comments can not sink or bring higher company like Cey. They have already done it without me several times in last couple of years. If you believe that this price of shares is excellent and it will go only up from this point than buy it. You do not have to read reports from Cey, or comments and opinions here, but it would be very nice to share your
information and data why you believe in that. However if you have some insider information please shear with us.
I am waiting for an answer on my questions. Why the price of stock has fallen last year to 88GBx? Why company does not buy back shares on this price?
However conversation here should help us to find out if the company is in good shape and is the current price good enough to buy more shares. So any good data about that issue are more than welcome.
Personally I was afraid that the problem with open pit is not as small as some people wanted to present. After this post result call I must say that there is a real problem, because they will need 3 years to reach maximum production and that is only prediction. Personally I do not believe in promises especially in this case that after 10 years of production and promising they couldn’t reach 500k per year. In worst case, and that is possible, it is questionable if they are going to dig even those 400k in next year, because it is obvious that they are not going to make open pit ready for full production. But this is just my opinion.
This data is actually scary:
Q4 production guidance of circa 60,000-70,000 oz, at an estimated cash cost of US$950-1,050/oz produced and AISC of US$1,450-1,650/oz sold, which includes capital spend of US$30-40 million.
Consequently, free cash flow expectations for Q4 are expected to be largely neutral
If they have problems also with underground water as someone said, than that is one more concern. So we can see that it is not so easy to dig a gold even if we all now that it is somewhere there.
My question is why the price of stock have fall last year to 88GBx? That is so strange as well as this situation now.
As I have sad before if there is no huge insider buying than the share is not chip enough. With 350 millions on the bank account it would be better that they are buying Cey stocks. Why they are not doing that?
Q4 production guidance of circa 60,000-70,000 oz, at an estimated cash cost of US$950-1,050/oz produced and AISC of US$1,450-1,650/oz sold, which includes capital spend of US$30-40 million (a total of US$120-130 million for the year)
·Consequently, free cash flow[7] expectations for Q4 are expected to be largely neutral
Are you serious…That is not the reason why costs of gold production in CEY goes up. Reason is that they have to dig gold from underground location where is percentage of gold much lower, less than 1g/T, than it is in the open pit. Are you reading reports from CEY?
Is there any insider buying yesterday or today? If not, than it is not cheap enough…
Production will be lower for 20% in best case, in next year too maybe even lower, costs are going to be higher for 25%, gold is higher for about 35% than last year but USD is lower 10%, so I od not see why this stock should bee much more higher than it was at the end of the last year.
What exactly does MTL mean?
Amount of 180k GBp for shares that have been bought by couple of insiders is really minor amount…they should be buying for millions if the stock is so cheap…
Production will be laver for 20% in best case, in next year too maybe even lower, costs are going to be higher for 25%, gold is higher for about 35% than last year but USD is laver 10%, so I od not see why this stock should bee much more higher than it was at the end of the last year.
In this moment all we can do is to wait to see what will be done with that issue of stability and wait for the next operational updates. Manville we should figure out if there is any insider buying that will be the sign to purchase much more stocks.