The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Got to say u am pleased a reasonable debate without all the angry tones.
Like many I sold, I did not panic but felt JD had either made foolish or deliberate actions which I and many decided to exit with a loss.
I don't post much but keep an eye occasionally and could be tempted to buy back in. Whether that is lower or higher who knows but with clarity on income is the big one. I think bids could be very big....
I wish you all the best and hate to real people losing, I have lost six figures plus c on aim stocks buying into the hype. More fool me
Got to say a share back could help massively defensively for independence-mmmm
Needs to be highlighted now and again at the next AGM
Well said Chancer
JD should not have ramped the 20X SP as you say a lot of people got trashed and should have been steady about the challenges and of course the prospects- on the other hand JW was selling out top prices and giving mmm. Guess what has changed over the last few thousands of years
Bests to all -waiting some clarity if I have anything to invest...
Even a joint venture would be good on one of the bigger opportunities.........not sure if it that happens or too complicated but splitting the costs, expertise...... etc etc
At least we are ticking up nicely and hopefully another decent SP increase at the next results.
Another point, if CEY held their AGM even every 2nd year in central London I am sure they would have a lot more share holders in attendance. Probably glad not to after the last few years but it would be great to get a change of venue. I would be happy to go etc
good info-cheers
Bid premiums fall for takeover -study
Except Visa payout- normally expect a 30% premuim to take control of a company but a study by numis now found dropped to 23%. Visa paid 400% for fintech firm Earthport.
Here’s hoping we can get up to £1.70-80 soon and keep growing....With dividend intact
Or a big eventual premium etc
Made me laugh bob, at least you had the free oxygen pumped into the casinos.
I hope you worked the free spirits whilst playing the tables.
About 5 am in an empty casino I had a lady sit besides me, I told I was gay and she should go see my mate. Enjoyed Vegas but once every 10 plus years is enough haha
Haha like going to vegas Bob
Hope you are winning
bests Mike
Cheers Bob
I recently bailed out of Bidstack with a £10K loss (aim) and have another dog Orm with the same again.
Got to say AIM is general is like a casino
Anyway looks like a postives for Egypt and CEY
Sorry to hear that Tibbs
but glad you closed your position for your own health and sanity.
Wish I never invested in anything (over the last 30 years) as I have only ever made six figure plus losses-I hoping that CEY will provide some help with the golden flip flops eventually
Looks like the board were not overly happy about the situation either “- unanimously concluded offer materially under valued centamin and prospects “ thanks Cowichan.
Spot on professor, tibbs and all
If they deliver half of the scheduled improvements that will be a big thing fir cey....they know the clock is ticking and to get the right team to deliver cost savings and growth.
Great improvement on last quarter .
Is thus down to Ross Jerrard interim ceo or jermony Langford chief operating officer ... more operational... looks like cey getting its act together
At least cey can pay a dividend... Unlike endeavour
6 cents not bad prefer 7. Highlights positive to institutions and pi investors.
Hopefully, things will start moving up soon.
Hopefully, cey board take notice on all counts.
Bests to all and for all the great info
Got to say relieved-I hope its not short lived
Hopefully, we can move up 1.50p with good production rates asap
And the board get their skates...
I wish CEY would get into the dark arts...also
Seems to be a ****-take for some of the big institutional investors to try and coordinate a loss-making Endeavor to get the benefits of CEY. I understand that multi- mines have a premium but Endeavor has some serious concerns!!! Let them sort out there finance and then come back!! I hope the El Raghy are willing to fight this ludicrous offer and it is not a stitch-up. I think the board are aware of PI thoughts . CEY should get 65% plus ...........
I would like to cey reach a all time high before any take out mmm.Cant believe in parts why this is been entertained but understand sounds like pressure brought to bear . I am ramblimg on...
We will know soon enough got to say pretty niggled like many of us waiting for the good times with
Of course its dry January but I am sure JD will have a bottle of bubbly on bids and tell a few more ..........
The point know one can disagree is that JD has not handled the last few months very well and loyal shareholders have got burnt. I am interested in buying in once I can see future income streams and I am not ramping the stock up or down . Obviously , we will see over the next few months what the story is..............I think Bids has a big future but it may take some time.
I detest people who make money by ramping or nasty comments whilst on the keyboard very............. I am not talking about you helx. We are all entitled to express our views
Thanks to all for informative posts on such a wide range!!
Here's hoping for good figures and a material lift in the SP soon
Cheers philand Lyme, yes looks like some positives await sometime
Hopefully,you have got the inside track Gibbs.
Great to see tornadotony view
last bit
Centamin will ensure that all shareholders and other stakeholders are informed by way of publicly issued announcements as and when appropriate.
also email contact etc
bit surprised to get email
I have provided below some answers to your questions. As Alex has already stated to you Centamin is very limited in what it can answer in view of the Takeover Code, but all of the information provided below is very much in the public domain already and has been for some time.
The overarching element which needs to be borne in mind is the core strategy of strict capital allocation. The asset development in both Sukari’s underground operations and Cote d’Ivoire were the focus of 2017/2018/2019 in view of the continuous results from these assets, with significantly less capital allocated to Burkina Faso (mainly desktop work) – some of the details are covered in the annual report for 2018 (see Exploration section from page 55 onwards) as well as the interim results in 2019 - both documents are attached.
With the above in mind please see my answers below:
1) Why has the Scoping Study for Batie West Project been shelved? It was promised to be released in 2018
We have never said it was shelved, nor was a study promised.
The Company announced at the 1H18 Interim (results and call) that exploration spend and activity at Batie West had been pulled back and desktop scoping studies were being carried out “to assess options for the project”.
This is ongoing as technology and operating environment evolve.
2) Why has there not been an updated resource estimate in Burkina Faso despite a vast amount of exploration drilling and expenditures over numerous years?
Centamin bought Ampella (inc. Batie) for its exploration potential, not the existing resource at Batie. Within the license package were two licenses over the BF border in CDI, which is now the Doropo Project. Systematic drilling across the license package has proven up 2.5Moz of M&I at Doropo.
Centamin exercise a very disciplined approach to capital allocation, and as such, to date, Doropo has shown the greatest potential, within the portfolio outside of Sukari, to meet our development objectives and therefore ranks top for capital allocation.
[Batie remains to present good opportunity to progress up the company value chain at the appropriate time in the investment cycle.]
3) Why has the Doropo economic feasibility study been delayed? It was promised to be released in October 2019
It was delayed due to positive drill results, suggesting greater scale to the project.
As expressed throughout 2019, the exploration programme completed in 2018 identified further resource upside and to better understand the initial scale of a potential project, more drilling was need and budgeted throughout 2019.
The completed 2019 drilling will now feed into the respective PEA consultant(s) workstreams. Once the PEA is complete this goes to the Board to assess the value opportunities for the project.
Two attachments sent centamin June 2019 interim 2018 (must be on the website)
Aplogies if someone else has posted response
done!
Got to say I was on iii for year’s and hard to understand how they could make a site so much worse- that said forced me to join lse which was a good thing. I was grateful for all the informed views on this site.
Let’s hope Cey are just as ****ed as we are with the low ball offer and the serious financial concerns of merging. Here’s hoping we knock this out of the park on the 15th Jan or before. Hope all had a good Xmas.