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England won today so 110000ozs. So Jul 31st 1.15 Dec 31st 1.45

AimSurfer007 - Good call, I believe this PI has been doing this for the last 3 or 4 months whilst ASO has been meandering in the 2.50 to 2.70 range, and given the relatively few shares in PI hands these dealings I also believe that this activity has been the cause of the odd flurry of moves with that range

Apologies all – I too took a double take when I read this this AM as I thought it might be old news but the Al-Ahram Byline was dated Today. Shall be more careful in future when accessing Al-Ahram articles via NEWSNOW

Latest from Al-Ahram Weekly journal on the court case - the courts latest ruling it's not what we wanted to read but article sets outs CEY's case well, I think the last para may well be prescient in that the IMF might just just start to ratchet up the pressure on Al Sisi to get to grips with the Administrative court.

http://weekly.ahram.org.eg/News/145.aspx

Whoops 110000ozs not 110ozs...grrrr

Sparkle and Fizz - Thanks for tracking Ore shipments. As I posted previously when at my most pessimistic I though around 90000ozs and when I felt more optimistic I thought 110ozs, the nub of it is you said purity.....here's hoping its high, or least middling. I am looking to repurchase the 1/3rd I sold on Black Friday but am prepared to wait and see not only what the Production figures & AISC are but also POG and the Dollar Index. I may not get the cheapest Buy price but with the Black Friday Sale price of 1.37 I fortunately have a little leg room.

Like Ampthillmob I too have a limited mental capacity but I also enjoy all the thoughtful views expressed on this board. In particular I am referring yours, uncertain's, mr tibbs's, Elprof, Sparkle et al. 'Tis a shame when opinions invite what amounts to sledging rather than constructive criticism. So please take such unworthy responses in your stride, keep calm and carry on posting.

diehard70 - have a heart being a complete PAS is punishment enough!

Thanks Mr T on your timely history lesson about the past Spank downs. I was lucky to get 1.37 for a third of my holdings on Black Friday, (the rest I kept). I am now eagerly waiting to buy that 1/3rd back but having had my confidence somewhat shaken I am waiting for the 2nd qtr ozs. Also with reference to the funny papers I believe ASO got a minor mention. I have held ASO since the dark days under MD D Reading when it was AUE. The new majority shareholder seems to be turning it around. Worth keeping an eye on as it could turn into another CEY (OR NOT). DYOR

If memory serves me right the US FED Reserve began QE to save the Banks. I believe they said that in effect that QE would be used to underwrite/recapitalise the Banking system. The Banks would then take the “new” money, rebuild their capital reserves in both Cash and Stock. QE would also make it easier for Banks to deal with lower interest rate returns whilst at the same time increasing their ability to lend. Once the US economy stabilised the Fed Reserve would be able to gradually repatriate QE money back into the Fed system and to in effect burn it, thus insuring US domestic inflation did not accelerate. Well, I came across this article today – published on Gold Eagle News on the 14th June https://www.gold-eagle.com/article/todays-top-gold-news-and-opinion Please read it – in essence the author is saying that in order to prevent QE leakage into the Domestic economy the US Government has, hitherto, has been incentivising US banks into deposit their excess cash reserves with the Federal Reserve by paying an interest “Premium” thus helping to prevent the QE money from leaking directly into the US economy. This interest “Premium” will now be removed. So the Banks will most likely take back the excess Capital reserves and increase their Loan business still further. The risk this change in US Fed policy is of course in that doing so bank Loan Books will be expanded yet again and in all probability lead to Inflation outstripping Interest rates. Just one more Duck falling into place Post script – With the end of EUR QE well and truly sign-posted just how is the ECB going to repatriate all those EUROs whilst at the same time dealing with the Italian Debt time-bomb – oh and please remember Greece has not gone away yet

I don't think Rebess and Sotolo are in any way trying to Deramp the SP. The recent LHDR cock up is very trying for all of us, and unsettled outlook for the POG isn't helping either. But right now we have to be realistic and face up to the headwinds identified by Rebess, Sotolo et al. At the moment I do intend to buy more shares but right now there are two things I am watching out for i.e. the outlook for POG and the 2ND Quarter Production figures. And at the risk of being accused of deramping the guesstimate for 2nd QTR figures I came up with after reading the original RNS varied from 90000ozs (when I was at my most pessimistic) to 115000ozs (when I felt in a better mood).

Schom - Thanks for the insights ref Production Capex versus Risk Mitigation appraisal, makes perfect sense to me. The engineers at Barminco may well be saying, if not thinking, to themselves "I told 'em so - we've been here before". I have taken the liberty of re-posting something I posted on 31st May. Just done a little Google search about Barminco. This is a private Australian company founded in 1989, it currently has around 400 employees worldwide and provides services to 5 mines in Africa (CEY being one of them), The last time Barminco had serious problems over ore production was back in Feb 2017. The Mining Company affected then was the Independence Group of Australia. After a sudden drop off in production the Independence SP fell from AUS$4.21 to AUS$3.50 over a period of approx. 5 weeks. After the problem had been fixed the SP recovered to peak at AUS�5.06 a little over a year later. Independence is currently at AUS�4.84

Just done a little Google search about Barminco. This is a private Australian company founded in 1989, it currently has around 400 employees worldwide and provides services to 5 mines in Africa (CEY being one of them), The last time Barminco had serious problems over ore production was back in Feb 2017. The Mining Company affected then was the Independence Group of Australia. After a sudden drop off in production the Independence SP fell from AUS$4.21 to AUS$3.50 over a period of approx. 5 weeks. After the problem had been fixed te SP recovered to peak at AUS�5.06 a little over a year later. Independendace is currently at AUS�4.84

I've have a habit of checking the "FCA Declared Short Positions" on a regular basis. Currently there are no declared short positions taken by the any Institution on CEY, indeed none since Jan/Feb 2017. Anglo American on the other hand have had quite a few declarations recently. for those interested try this Link: https://www.fca.org.uk/search-results?search_term=short%20%5Bf%3Axls%20f%3Axlsx%20f%3Axlsm%20f%3Acsv%5D

Mr Tibbles - Your a Star. Much appreciated

I used to lived in Maidstone, that sink hole isn't big enough - only joking???

Mr Tibbles - Thanks for the timely reminder about "blood on The Streets", it is indeed a lucky Trader who buys at the bottom and sells at the top. Personally I am holding back until the 2nd "Qtr Prelims. I am only guessing here but if the 2nd Qtr is near to 90K ozs then any rise we may see before then will quickly disappear if it's nearer 110Kozs it may stabilise, so I am keeping my powder dry until I get a better feel as to which way the will results go.

Does anybody care to take a punt on 2nd Quarter production figures? With a 124k ozs for the first quarter, a forecast for a weaker 2nd quarter and �stronger� 3rd and 4th quarters I fear it will between 90kozs and 110kozs. However the cynic in me is not sure if the managements take on �stronger� 3rd and 4th quarters is a reflection on the 1st or weaker 2nd figures. Anyway on a different subject i.e. Egyptian Mining Laws the link from Aton,s website below may be of interest. http://globenewswire.com/news-release/2018/05/28/1512786/0/en/Aton-Announces-the-Closing-of-Its-Private-Placement-and-Concurrent-2-1-Million-Financing-Package-With-Sandstorm-Gold-Ltd.html

Most here will be familiar with the wrangling over L32, and Egyptian Commercial constraints in general, but for more recent investors this article gives some insight concerning investing in Egypt - if you follow the embedded links you will find more detail.. No doubt the IMF have a bigger picture in mind when they try to encourage more modern commercial terms but being more partisan I can help but wish they would highlight L32 by name. https://www.thenational.ae/business/economy/imf-to-approve-dh2bn-payment-to-egypt-1.731600

I am not a fan of MOTLEY FOOL ... that is until a read articles about CEY like this one (published 18th March 18) - see second Para - it lifted my spirits. https://www.fool.co.uk/investing/2018/03/14/2-growth-shares-that-look-absurdly-cheap-right-now/