Member Info for Mathurin

I still muse over the recent collective insider buying from the directors - could it be that they wish to buttress the SP against an eventual takeover bid ?

My Daily Gold end quarter report sees further decline for gold down to 1580$ - at which point we should see rebound to 1800$ by end summer . For the moment the market has already discounted mild inflation and the dollar continues to firm .
So I for one will go back in when we see gold at 1600$ and by then we will hopefully know more about new licences - Martin Hogan must by now be aware of Egyptian delays and may explain his modest share purchase .

Assuming no leakage it looks like resistance at 50 until mid May.

Thankyou Belgrano . I am gradually doing some research. Have been visiting the website for the Psoriasis World Atlas with stories from sufferers but very little info on remedies . Seems Biologics try to remedy the cause but cost £10000 p.a. per patient ,tricky to apply and some dangerous side effects . Otherwise no cure - you just have to keep treatment for ever.
So at £1 per day - SKINBIO sounds promising but it will be very exciting to hear if it really works over a long period .
Interesting that Europe prevalence is 2.5% of population whereas South East Asia is only 0.2% -

I hate to say it but it all looks too good to be true- where is the catch ?

Please give me the breakdown of the half a million constant customers ?

I wonder how the morale is within the company employees who have stock options. They must wonder how the SP can lose 25% after getting a USA quote.

I hate to express a cynical possibility - but such a concerted insider buying could be an attempt to bolster bad news.
But more likely they can’t find a better place to get 6% interest.

Razor. I see the Altus SP is up by 50% over the past year whereas Centamin had lost 50%. Let’s accept Centamin production is down by 10% - it still doesn’t justify the difference in the SP performance -

For pension fund managers looking for yield as well as stability it would be interesting to compare Centamin with 6% against other contenders such as BP. What could be the worst case percentage loss in the current SP and for what reason assuming the gold price stays above 1650$.
The current director buys cannot be relied on - our poor Chairman is already 30% down on his first purchase . I personally am comforted by the more positive feedback from this forum but I suspect we will need positive news on concessions or Africa to see any change in investor sentiment -

I suppose all the participants have signed confidentiality agreements but I imagine some leaking has taken place / in any case there has been no massive selling and so seems no negative leaks so far .

Tibbs- as a matter of interest what has Youseff achieved to date - he hasn’t resolved the court case , seemingly he hasn’t engineered an exciting licence ,
did he warn on the wa

I see all directors piling in - but no Youseff ?

Let’s hope all the recent director buys at 104 ish does not produce the drop such the Chairman got down from 150 which must have been on privileged info . Time to do a detailed valuation of the known gold Sukari reserves .

When you see a 52 week low at 5.7 and now 47 it is hardly surprising that we must expect violent movements. At this point the share is valued on ‘hope’ and that of course is fragile . I have had unpleasant experiences on the French biotech trials where a dubious result can chop 70% off overnight.

Can someone please explain how the SP can drop 12% whilst the info on trades shows £90k sold and £218k purchased. Am I missing something ?

The Gnome - thanks for brilliant comment on Mali .

Tiger - thanks for comment on Mali but the drilling seems unaffected from the insecurity . Egypt is disgraceful that they are taking 50% of Sukari income and are still unable to put the court case to bed . Shows the total corruption . When I visit Egypt where I have a place on the sea the locals are always complaining of high level corruption. Let’s hope that mr Rutherford can get back his 150p investment- at least you have an honest Chairman and CEO.

I have always been let down by Centamin- first the SP cratered by the court case and then by the wall problem . I will start looking again in January next year . Meanwhile I prefer to see some action and recommend Roscan Gold exploring in ???? Mali .

It’s virtually impossible to value Centamin on last years profits given the wall problem excluded . For the moment we need an equity market to dissolve before Gold starts climbing . The SP still wants to know about what new licences have been granted ?