Member Info for MaryBr190

All stupid - market makers are no fools.

Hope this helps

Let's be crystal clear here.

Stock is marked ex div on a Thursday.
The record date is always the next day, ie the Friday.

These are the last record dates which allex div on the day before , Thursday.

Fri 23/04/2021
Fri 07/08/2020
Fri 24/04/2020
Fri 09/08/2019
Fri 26/04/2019
Fri 10/08/2018
All the above ex div Thurs.
Such confusion but yes we are ex-div today is my interpretation.

Always CLOSE WED
Ex Div Thurs
Record date FRi - ie T+2
No confusion for me.
NOT ADVICE

WHAT A PALAVA !

DYOR

Gave up such confusion. HL tell me ex div today. Nothing has changed. Topped up.

incompetence only here. Ex div today. Recorded 23rd - all as usual. Move on.

Looks like mm caught, disgraceful.

Going to soar

I defer to your in depth analysis. I am coming at it from a FCA point of view. The 2020 comparisons are skewed due to covid and the point I was making was that the momentum in Q4 had carried into Q1 which was an improving trend. Have a great day.

Surely heading North today.

Contd

During the quarter, the low-grade stockpiles increased from 17.4Mt to 18.3Mt at 0.47g/t Au.

SALES & COSTS

Gold sales for the quarter were 106,573oz, a 34% increase QoQ, in line with production volumes. The average realised gold price for the quarter was US$1,778/oz, down 6%, reflecting a weaker spot gold price. Revenues generated of US$189.9 million, up 26% QoQ, driven by higher gold sales.

Total cash costs of production were US$76.3 million for the quarter, a 4% increase QoQ, driven by higher volumes of material movement, partially offset by increased movement in inventory including an increase in run of mine ("ROM") stockpiled material. Unit cash costs of production were US$733/oz produced, a 32% reduction QoQ, predominantly driven by higher production volumes.

Total all-in sustaining costs ("AISC") were US$116.3 million for the quarter, an 9% reduction QoQ, driven by a 29% reduction in sustaining capital expenditure over the quarter. Unit AISC of US$1,091/oz sold, a 32% reduction QoQ, reflecting higher relative sales volumes.

FINANCIAL POSITION

Free Cash Flow

Total capex in Q1 was US$37.0 million, a 23% decrease QoQ. Under the terms of the Sukari Concession Agreement, the Egyptian government earned US$5.7 million in royalty payments and received US$21.7 million in profit share payments during the quarter. After Sukari profit share distribution and Group investing activities, Group free cash flow for the quarter was US$9.4 million.

Balance Sheet

The Company is in a strong financial position, building net cash and liquid assets to US$330.7 million, as at 31 March 2021, and before distribution of the proposed 2020 final dividend totalling US$34.7 million - subject to shareholder approval at the annual general meeting on 11 May 2021. The Company remains unhedged and debt-free.

HEALTH & SAFETY

Operational safety remains a strict focus throughout the Group in creating a safe work environment which supports a healthy and productive workforce. In Q1, there was one lost time injury ("LTI") resulting in a lost time injury frequency rate ("LTIFR") of 0.42 per one million site-based hours worked, representing a 53% improvement QoQ. The total recordable injury frequency rate ("TRIFR") was 1.67 for Q1 per one million site-based hours worked, representing a 78% improvement QoQ.

In Q1, Centamin experienced no material production, sales or supply chain disruptions due to COVID-19 at Sukari or the exploration projects in West Africa. The Company has implemented strict test, track, isolate and safety measures for the long-term, acknowledging the duration of the pandemic and the lasting impacts remain uncertain. There is an ongoing focus on staffing levels and workplace fatigue management while global restrictions on the movement of people persist.

Production

(Q1 2021 vs Q4 2020)

Sukari gold production for the quarter was 104,047 oz, a 53% increase compared to the fourth quarter of 2020 ("QoQ"), driven by improved open pit and underground mined grade, resulting in a 34% increase in feed grade; and a 17% reduction compared to the first quarter of 2020 ("YoY") reflecting the conclusions of the Life of Asset Phase 1 and three-year outlook presented in December 2020.

Open Pit Mining

Open pit ore mining in Q1 focussed primarily on the low to medium grade Stage 5 North area. More low-grade tonnes were mined than scheduled driven by ongoing conversion of waste to ore. Total open pit ore mined for the quarter was 3.8Mt, a 6% increase QoQ, at an average mined grade of 0.77 grams of gold per tonne ("g/t Au"), a 5% improvement QoQ.

Total open pit waste material mined for the quarter was 18.8Mt, a 6% increase QoQ. The strip ratio for the quarter was 5:0 (waste:ore). The contracted waste-stripping programme commenced ahead of schedule and will continue to ramp up through the year.

Underground Mining

Underground mining in the quarter focussed on the Ptah zone, including some higher-grade stopes. Total ore mined was 170kt at an average combined (stoping and development) grade of 5.84g/t Au. This represented a 3% increase in tonnes QoQ and a 60% increase in grade QoQ driven by the scheduled mining of higher-grade stopes.

The underground ore split was 114kt of ore mined from stopes, at an average grade of 6.86g/t Au, and 56kt of ore mined from development, at an average grade of 3.77g/t Au. Total underground waste mined was 87kt, a 29% decrease QoQ.

The Company continues to work closely with the underground contractors to mitigate the impacts of reduced staffing levels due to COVID-19.

Processing

The plant processed 3.0Mt of ore, a 4% increase QoQ, at an average feed grade of 1.16g/t Au, a 34% improvement QoQ. The metallurgical gold recovery rate was 88.6% for the quarter, consistent QoQ. During the quarter, t

Looks good, improving over Q4/20, in line, guidance unchanged, certainly seems to be recovering well from covid hit in 2020.

Conference call at 830. See rns for links.

Lots of other variables :) and yes 10% rise would be nice.

Whatever the SP reaction to Q1 i am trading it with a view to improving my position by adding more.

One day's spike or crash does not natter in the round.

GLA

https://www.reuters.com/article/us-agrreko-m-a-tdr-capital/aggrekos-takeover-deal-in-doubt-after-liontrust-opposition-sky-news-idUSKBN2C82RX?rpc=401&

Nice dip yesterday, lightened a bit and now have a 99p average.
GLA.

Catching the dividend is difficult with FRES movements as the daily movement can be eclipsed at the drop of a hat.
Held for dividend which drops average cost by 16p per share and will merrily keep averaging down.

I have increase my core here as in 6 moths time this will be much higher.

Intend to add today on weakness.

Weak markets today - picked up some tho. Days like these are heaven sent but not too many in a row hopefully.

Nice start again for a 2nd day and then marked down. I am taking my dividend even if it drops £1 today lol.

Go on and make my day with a big drop and I will give you MMs some more of my money.

Good to see bitcoin improving off the lows.

lol it is a guess mm games and taking opportunities. Got on the right side for both BAB and TSCO and hopefully many others including PFC today.

Whatever will be will be. Plenty of negatives can be read into the results but let's move on. We are at the foothills and ready for battle. The bad news will be reflected at the start and I am adding today.