Member Info for RazorsEdge

- 0.35% - $4.58 $1317.32

High of the day $1323.33

Well spotted Dibeg, the amount of times I have accidentally misprinted the gold price and got away with it Isi real...

+0.65% $8.60 $1321.74

High of the day $1421.99

Centamin
Website: Centamin
Index: FTSE 250
EPIC: CEY
Sector: Mining
Subsector: Gold Mining

Next Centamin Dividend
Centamin next goes ex-dividend on 18/04/2019. This will be the Final dividend for 2019.

The dividend per share amount is 3.00¢ and the payment date is 13/05/2019.

https://www.exdividenddate.co.uk/companies/centamin.aspx

Dibeg... Gold up and Cey going nowhere is because Cey had the equivalent of three profit warnings... ie missed forecasts.
If they start producing the goods and perhaps come out with something positive from Africa the market will forgive the past until then Cey are out of favour, high gold prices or no!

Who knows if the U.K. will leave the EU with or without a deal... I believe there will be a post exit rally

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EC: No-deal Brexit 'increasingly likely'

The European Commission (EC) stated on Monday that a no-deal Brexit scenario is becoming "increasingly likely" in the wake of the most recent withdrawal agreement developments, according to its official press release. The commission noted that the United Kingdom may leave the European Union without a deal on April 12 and that it is now ready for such developments.

"While the European Union continues to hope that it will not be the case, if the Withdrawal Agreement is not ratified by Friday 29 March, a "no-deal" scenario may occur on 12 April," the statement said. The EC added: "As it is increasingly likely that the United Kingdom will leave the European Union without a deal on 12 April, the European Commission has today completed its "no-deal" preparations."

Looking at possible Brexit outcomes, London could leave the EU on April 12 without a deal, ask for another extension before April 12 on the condition of holding elections for the European Parliament and, finally, bring back the deal this week before Parliament to be approved in order for the UK to leave the EU on May 22.

Breaking the News / VK
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No-deal Brexit unlikely - Credit Suisse executive

Managing Director and Global Equity Strategist at Credit Suisse Andrew Garthwaite said on Monday that he doesn't believe the United Kingdom will leave the European Union without a deal as there is no "appetite" for that outcome among the country's populace and Parliament.

Speaking at the Credit Suisse Asian Investment Conference in Hong Kong, Garthwaite said: "The closest we can get to that is the Malthouse compromise on the Northern Irish backstop, which is looking for a technological solution," and added: "It is a deal, with a no-deal Brexit."

The executive expressed confidence that the adoption of the Brexit deal in the House of Commons would lead to a rally in the markets. "In the UK, around three-quarters of earnings come from overseas. So, if sterling goes up, the market will underperform," the banker said.

Breaking the News / NI

Topping today’s high, currently, $1317.96

US to open flat to lower

My thoughts Brxit will pass and cey will recover..
Gold now $1318.22

Europe dips in premarket on looming Brexit worries

Markets in major European cities were in the red during premarket trading on Monday, as investors concerns over Brexit outcome grew stronger. United Kingdom Prime Minister Theresa May told lawmakers last week that she might not bring back her Brexit deal for a third vote in the next days if there is no support for it, effectively signaling a new extension or a no-deal withdrawal.

The FTSE 100 was down 0.44% at 8:00 am CET, while the French CAC 40 declined 0.36% at the same time, The German benchmark index DAX decreased 0.63%. Italian FTSE MIB dropped 0.44%.

The euro was virtually flat against the greenback, changing hands for 1.1303 at 8:02 am CET.

Breaking the News / BM

+ 0.28% + $3.88 $1317.22

High of the day $1317.25

Hello Cowichan... Immediately racing to second base, admittedly...
It sure would be sweet if you hunch is true.

I believe every time Cey delivers negative news the share price finds support at around 90p (the fall stops here) is because of the sum of parts. The “no debt, $300m in cash” comes into play so I basically believe if your theory is true it can’t hurt the share price to any serious degree from where it is at the moment.
Damn I hope you’re right, wouldn’t it be great to see the share price come to life.

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Roxgold (TSX: ROXG; US-OTC: ROGFF) expects its Yaramoko mine in Burkina Faso will produce between 145,000 and 155,000 ounces this year at cash costs of $440-$470 per oz. and all-in sustaining costs of $765-795 per oz.

The company expects to have a strong year with the addition of Yaramoko’s second high-grade underground mine, Bagassi South, which is expected to reach commercial production in the second quarter of the year.

Last year production from Yaramoko reached 132,656 ounces of gold, exceeding guidance of 120,000 to 130,000 ounces. The company expects cash costs and AISC’s for 2018 will come in at between $450-475 per oz. and $740-790 per oz., respectively.

http://www.mining.com/roxgold-anticipates-strong-2019/

Happy weekend...

Hello Rebess...

One thing I’ve witnessed in two plus years I’ve been following Centamin is that not once have Cey released surprise positive news. Totally void of any effort to encourage shareholder enthusiasm.

Happy Friday (everyone) Gold holding well today currently $1311.42
High of the day $1315.01

** Egypt-focused gold miner Centamin shares
up ~1 pct, after Peel Hunt starts coverage with 'hold' rating and price target of 95p

** Says remains cautious on the stock and starts coverage with 'hold' rating driven by dependence on Sukari mine improvement

** Peel Hunt sees production recovery at Sukari mine starting in 2Q19, but with an increased y-o-y cost base

** Says greater visibility is needed on the medium-term Sukari production and costs profile to get investors back into the stock

** Says ultimately, thinks Centamin is fairly valued on 2019 basis, with modest upside to its 2020 valuation and says likes CEY's potential for dividend yield above 4.5% in the coming two years (Reporting By Geetha Panchaksharam)

Supriya Menon of Picet Asset Management tells BBC Radio 4's Today Programme that lenders are keen to agree terms with Debenhams to "maintain their seniority to Mike Ashley".

Mr Ashley, the founder of Sports Direct, wants a seat on the board of the department store chain in which Sports Direct owns a near-30% stake,

"They [the lenders] want to take over ownership of Debenhams and then restructure it."

The chain needs £40m to refinance a loan and millions more to keep their business running, she said.

European stocks mixed premarket after Brexit delay deal

European stocks traded mixed premarket on Friday as investors digested European Union's decision to allow the United Kingdom to postpone its exit from the bloc.

The EU offered Britain to leave the EU on May 22 in case the withdrawal agreement is approved by Parliament or to exit on April 12 if the deal is rejected for the third time. UK Prime Minister Theresa May accepted the offer and urged British lawmakers to back her deal next week and ensure an "orderly" Brexit.

The FTSE 100 fell 0.38% in premarket trading, the DAX was down 0.02%, while the CAC 40 added 0.15%. The pound rose 0.36% against the dollar to sell for 1.3148 at 7:49 am CET and the euro gained 0.05% compared to the US currency to go for 1.1379 at 7:50 am CET.

Breaking the News / NP

+ 0.13% + $1.66 $1311.12

High of the day $1311.41

all a sudden Boohoo’s got wings..

RTQ £192.20 high of the day £192.65

DYODD

Hello Goldgnome... I absolutely agree, anyone who invests on emotional urges (as you put it) is on a lossy situation.

Currently 94.11p

High of the day 94.48p

“...No one knows what the High Street will look like in ten years, but one thing is certain: the people walking down it will be wearing clothes.”

Full-year profits at retailer next have dipped by 0.4% to £722.9 to £726.1m

"The Next Group has delivered profits exactly in line with the guidance we issued in January 2019 and we are maintaining our guidance for the year ahead," the chairman Michael Roney said.

"As anticipated, the year to January 2019 was challenging for Next as we continued to experience a structural change in our business, with sales continuing to transfer from our stores to online," he added.