Member Info for mrtibbles

Hi Dasut,
I hope that you are well.
I agree it would be nice to get some unexpected good news to excite the market and give share holders a boost!

Hi Loydwill
You may find this link useful.

https://www.centamin.com/investors/financial-calendar/2019

Very fair comments Cowichan!

Would be nice to have , however it is unlikely from past company practice.

Yet gold hasn't dropped back that much?

The Dollar is no longer fit for purpose
https://www.bbc.co.uk/programmes/w3csyddc

A quick guide to the US-China trade war
https://www.bbc.co.uk/news/business-45899310

A quick guide to the US-China trade war
https://www.bbc.co.uk/news/business-45899310

Thank you to Cowichan for making us all aware of this-

RE: The issue was/is that Cey are excluded from the S&P Gold Miners Index.

The company policy at present-
With regards to index inclusion, Centamin (through our LSE and TSX listings) is a constituent of greater than 90 global primary indices, including NYSE ARCA Gold index, GDX Index and GDXJ Index which are three of the largest global gold indices, and countless secondary/buy-side indices (ie. Blackrock, Standard Life, Dimensional, Legal & General, Barclays).
Passive investment (ie. index funds, algorithms, etc) represent an important and valued part of our shareholder base. However, we believe liquidity and constructive shareholder engagement are important share price drivers and thus, strategically, Centamin targets actively managed investment (emerging market, specialist, generalist, long/short and/or income funds, etc and retail investors), as opposed to passives, which tend to reduce liquidity and limit shareholder engagement due to being largely operated through computer systems. Over the last 12months Centamin have successfully increased the actively managed investment, within the top 20 shareholders, by 50%, enabling constructive engagement with a larger part of our investor base. During this same time frame, Centamin’s liquidity has also increased by c.30%, making the shares more attractive to short and long term investors in these very challenging markets.
It is important to also remember that our shares are fully fungible between both our London and Toronto listings. Due to this fact, as with many other dual listed companies, the trading volumes tend to migrate towards the most liquid/ traded exchange. In the instance of Centamin, that is London/LSE. Greater than 90% of our global shareholders hold the LSE shares.
Ends.

I appreciate that this answer may not address all of the questions initially raised regarding this subject and indeed after considering the company explanation some members may have further queries to raise, but at least it does seem that the company is making some effort to improve communication with its ordinary share holders.

Thank you to the forum members for your kind words, they are appreciated.

Last week I had intended to leave this forum however since them several long term holders whom I have direct contact with have asked me to reconsider and to return, at least until after the golden flip flop party.
So please find a very interesting piece from the BBC World Service on Donald Trump who real problem with the truth, rather like our present idiot of a prime minister, neither are fit for the office they hold,
But to the program https://www.bbc.co.uk/programmes/w3csytgg

Dear Supercharger,
Thank you for the explanation of how Lloyds was established,I was aware of some of the story but not all of it so thank you for providing the additional information on the subject.
I wasn't trying to influence peoples opinion, but trying to encourage them to do some research and check the the accuracy of what they are being told from more then one source and not to assume what they read in the tabloids or see posted on social media is entirely correct.
You and I come from quite different backgrounds, my father was a scrap metal dealer and my mothers family had a really hard life, they all worked in the local shoe industry and although their jobs were highly skilled the wages were very low, my grandfather a highly skilled clicker who joined the home guard along with many of his friends to get the £6 a year allowance in order to help feed his family, unfortunately the first world war broke out and his company of friends were some of the first to be sent out to France where many of them perished or came back broken and injured men.
So I believe passionately in fair play, acting with integrity in all matters and treating others as I would like to be treated.
I believe in having democratically elected parliament where the elected MP's should be free to vote with honesty and independently and as their own conscience dictates, although the present first past the post electoral system is flawed and in need of change which is why I support proportional representation.
I believe in a strong EU to help safe guard peace and stability in Europe and to ensure open and equal opportunists for everyone, obviously I cant expect everyone to share my opinion on this
When I originally joined this forum it was my intention to try and bring together a group of fellow Centamin investors who could pool their knowledge and so support one another during difficult times and to try and help members avoid making some of the mistakes that I had made in the past such as when I was persuaded by a certain broker to get involved in CFD trading!
Anyway a lot of the original members are no longer here and newer members obviously want it to be more like the many other forums on the web which is of course fine, but of no interest to me
So with that I shall wish you well hope that you find the forum as helpful as i have in the past.
Mr Tibbles

Thank you for that Miszolgit,
Politics are very much related to POG and as your are no doubt aware one of the reasons the gold price has risen so dramatically over recent months.
Whether people are Brexiteers or reamainers they need to base their decision on accurate facts not propaganda which is why I posted the links to the "Facts Facts" an independent and unbiased charity which aims to provide both sides of the story on all manner of subjects
So time for me to retire from here as most of the old timers seem to have done anyway
Tibbs

Good evening Herbieridesaga,
You reconsidered your sell decision and bought back at a lower price, well done I am glad that it turned out well for you!
I am not a financial adviser so its not for me to to influence your decisions, however when considering what is is going on at present in the world I am glad that you decided to rejoin us on the good ship Centamin, as Rebess has hinted big changes are coming that should be very good for gold and for Centamin!

SuperCharger
Thank you for correcting me on that point, I am aware that LIoyds of London is a long established insurance underwriter established around 1686 and as you rightly point out was established before the first UK government created on 1 January 1801, by the merger of the Kingdoms of Great Britain and Ireland under the Acts of Union 1800.
So I stand corrected on that part of my post, however my point was that sharp practice to get out of any agreement is not ethical or right if the original T&C had been agreed by both parties in good faith.
Incidentally you stated earlier that in elections you are voting for a party not an individual MP, in theory that should not be the case as it is the voters prerogative to choose how they vote on the merits of the individual or the party.
Unfortunately under the present system far too many MP's once elected often have put aside their individual beliefs and allow themselves to be directed which way to vote by the party whip.
So in that respect you are correct the voter is choosing the the political party. whether they intended to or not.
However that could change if proportional representation was adopted in the UK
https://www.electoral-reform.org.uk/

That just about sums up the attitude of the type of people that were running the banks in those days ie not complying with the rules T&C that they had originally agreed to abide by

Brexit: All you need to know about the UK leaving the EU
https://www.bbc.co.uk/news/uk-politics-32810887

There’s a lot wrong with this viral list about the Lisbon Treaty
https://fullfact.org/europe/viral-list-about-lisbon-treaty-wrong/

So do you want to undermine the actions of the MP's that were elected on their manifestos at the last election and who are believe it or not trying to act in the best interests of their constituents?

Repression You seem to forget that the MP's we have at present were elected by the majority AFTER the EU referendum and they would have stated their opinions about the EU during their election campaigns yet they were chosen.