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Perhaps an extra $50million to be returned to share holders with the next dividend might explain the jump?
With the cost of oil dropping back down I’m guessing our AISC target will be much more achievable if not lower than expected? Can anyone recall what % of our AISC is made up of oil/petroleum? I’m sure I’ve seen it somewhere but I just can’t find it! Cheers.
So Argos get 5% gross royalty. I reckon to use that's worth about $1.5 billion on 400million barrels? Am I missing something with the share price? I topped up some more at 3.65 so am averaging about 8p/share now as I first bought in at around 20p. Either someone will see the value in this or they will just wait for us to walk away but I suspect many of us shareholders will gladly chuck in some more brass for fundraising? This winter is going to be a cold one so I can see oil and gas prices only rising further.
This has just gone out in China;
https://poly4.com/site/assets/files/1614/180903_-_ciec_shengyang-_china_-_robert_meakin_presentation.pdf
Thoughts everyone?
Pleased to read the RNS this morning. Looks like this train is pulling out of the sidings and getting back on track. 2.5 cents, plus I reckon 6 cents final based on the figures they have given assuming gold remains around 1200. I notice they've be not commented/revised the average price of gold sales for the year. So all in all I'm pretty happy and relieved with this one!
Looks like the cat is out of the bag? 2 days to go and the share price randomly jumps?
Has anyone been following the shipments since the miserable news was announced? I saw there was one shipment of nearly 400kgs but that's the only post I'm aware of. Cheers, MB.
I first bought these at 40p. Why are some people loaning so much? There will still be a good dividend this year. We're still making a profit. Failure every so often is not a bad thing as it means there can be lessons learned BUT only if we keep the same people. Getting new people who have not made those mistakes may well lead to the same mistakes happening again. Give the board s chance. Would rather we found out now and have chance to make things up. So many posters have criticise the board for not communicating enough! Then you hear something you don't like and still criticise the board! Come on guys - Positive Mental Attitude! This is a great buying opportunity!
Come on chaps. One minute you're planning to buy golden flip flops, the next minute ****ging Centamin right off! Be loyal. Stick with it. This is a buying opportunity. Even at the new forecast Centamin will be paying out 7p-10p this year so do the math on the current share price! We have no debt AND circa $350million in the bank... I've bought some more and will buy even more if it drops Firth next week.
What the heck has happened today folks?!?
I'm guessing some of the shipments were incorrect? Still, a good effort and we should see a ramp up next quarter by the sounds of things. Just need a second mine or the CC resolving!
85% purity I work on normally.
I'm getting 180k ounces for the first quarter at around $1330. It's a rough calculation airing on the side of caution.
Is the kiss of death. When they shout Buy shares dive, when they shout sell they shoot up. We've just been kissed!
I've said it before and want to reiterate; we have a new COO... He has run a company that operates several mines and has a greater annual production... So where next? A second mine; either close by in Egypt or where we have been exploring elsewhere; both have their merits - 1 benefits from existing infrastructure, the other is in a different country.
Ok, so normally global crisis is good for gold and we often sit here in doom and gloom saying the economies will crash and gold will shoot up. Suppose it's wrong, suppose the whole world actually continues and does very well? More wealth, more luxury which has also got to be good for gold? And therefore good for Centamin?
Any else twigged that our new COO has experience of operating several mines... I think Acacia ran 3? Interesting times ahead... Siko - big thank you for all your efforts - they have certainly helped keep my faith in this share! I hope your not leaver my us at the wrong time but I wish you all the best and of course you're always welcome back!
Is this in addition to the 628kgs? If so it will push up production 560-570k.
Thanks Siko! That's our guidance met, and slightly exceeded. Two weeks left...! Best wishes to all who post here! Looking forward to 2018.
Another one thursday/friday?