Member Info for Rebess

14/06/17 - 172.70p - The last time that the SP closed above 170p.

Hi Cowichan
I'm not picking on you, I wouldn't dream of it, apart from anything else, your contriburions to the forum are far too valuable.
On balance there is Ying and Yang and I occasionally like to throw in a Yanger. - Just for balance of course and not just to relieve myself on your good-works. :-)

Once all the details are known, It'll be interesting to compare the old profit-share arrangements with the new. - I have a feeling there won't be much in it. - Also, exploitation of the 160km concession will be under the old profit-share arrangement, although this is the area beyond Sukari where the court has suspended the licence, albeit with the suspension itself temporarily suspended. - Complicated isn't it? - Given the history of events in Egypt and our own experience, I wouldn't take anything for granted here. - It really has been a can-o-worms and I suspect it will continue to be so. - Lord of the Ringers is a prime example, teaming-up with an ex Egypytian Minister to form a company only two weeks ahead of concessions being granted and then winning one of the concessions. - Intriguing or what?

Let's hope there isn't a fall-out at any time between Centamin and EMRA.

Due to VE-day holiday, I believe the market is closed tomorrow. - It's possible we may see some position-building today on account of this. - Just a theory.

Hi Razor- Good morning
If a new licence application is confirmed, I reckon it'll have a very positive affect on the SP. - Very positive! - IMO

Come back St. Leger-day. - Which of course is in September. - Meanwhile, if Centamin announces a new-licence application has been made, regrets may be the prevailing mood of the day.

One notable fact, for me at any rate and I suspect Cowichan - In Q1 20, more spent on exploration in CdI than in Egypt, quite a bit more. actually.

Never forget how a situation was constructed to accomodate Josef's massive sale of shares.

Hi Prof - Your question - Why did Youseff leak the information ahead of announcement. - The same thought occurred to me. - We know why the sabatouer Pardey did it, but what's the motive behind Youseff's leak?

Last year all communications ceased. - Where once we received regular updates, including shipments, it all went quiet. We had to wait and guess what the quarterley numbers might be. - Quiet that is until Pardey leaked information designed to trash the SP, which it did, and we now know this was designed to support a takeover bid by Endeavour. - It's important to remember these things because that's the mindset in play within Centamin. - We all hope this is changing. - Time will tell.

Hi Crockedskier
That's a good question you pose. - They did the same last back-end and Pardey also leaked sensitive information. -

Hi Dasul - Forgot to say thanks for posting the article that has gotten everyone excited. - Cheers.

If memory serves, Youseff did the same towards the back-end of last year with a statement he made to the press. - It turned-out he was right. - So, I'm confident in the credibility of this latest satement. -

Agree Prof.
If 125k is correct then that's a result and a half. - It would also be an important indicator that we have moved into higher-grades.- Something we have have been promised for a while now. - Also, no 'Mount Everest' to climb but rather a ramble up 'Glastonbury Tor' or the like. - I don't want to get too excited cos Centamin has an awful habit of making a fool of you, however, I believe this news, if true, will be well accepted by Market. - Comments from Dasut/Nome on grades would be much appreciated.

Thanks Cowichan - I'll look forward to it.

BTW - I hope my 'honest' forecast proves to be miles too pessimistic.

Hi Cowichan

I predict a zero or very small share purchase. - He'll rely on the freebies like mostl of the others. -

Plans for 20 - They'll be non-committal, with emphasis, if any, on meeting 2020 production forecasts. - Although they won't indicate how they are going to climb 'Mount Everest' in the 2nd half to achieve it. - Another year of silence lies ahead I'm afraid. -

I have a feeling that the 'Plunge protection team' will shortly be putting their cozzies on. - We'll see.

Hi Dasut - A well thought-out, well composed post. - I'll go along with your thoughts here.

If the site concerned falls within the 162sq.km. then it will operate under the present 50/50 profit share arrangement, rather than any new concession. - I think.