Member Info for Rebess

Observation: - Open pit grades of 0.67 gst/Au seems very low - Barely a grain of rice amongst a ton of rock.

Very impressed with M Henderson's reporting. - Thank you. - So far a very reliable barometer.

If it's below low end and minimum as forecast isn't met, there's every chance the SP will take a hit. - The last report indicated on track to meet forecast parameters. - Any subsequent impediment/set-back against achieving this would have had to be reported I think. - It hasn't been, so there is every reason to be optimistic.

Thanks Kipper/Brooko - As a newbie I'm just trying to get a feel of everything. - Appreciate your response.

This really is mortgaging the future isn't it. - Of course they already have an IMF liability to cope with. - I wonder where funds will come from when the bonds mature in x years time. - That problem is for then I suppose, the immediate problem is maintaining life & limb for now. - Suez canal and oil& gas assets dwarf Centamins role I would suggest. - It'll be interesting to learn the details. - I'll be surprised if Saudi Arabia doesn't figure prominently in the new Monopoly game and possibly even China. - IMO

If the trials don't come through Brooko, what do you reckon for the sp? - Stay around where it is, a small fall-back, a big fall-back? - What do you think ? - Anybody.

Closed periods usually apply either side of fixed reporting dates 13th. - Not sure about trials periods. - It's a good question though.

Ah, right Mr Bond. - So they have a 'PUT' option in place is that it? - There is no actual hedge-position.

The worth depends upon the outcome of clinical-trials I believe. - Director buying might provide a forward clue as to how well or otherwise these are going. - IMO :)

Centamin has hedged its position against the price of gold. - Not quite sure of the details. - Can someone provide them please. - Usually Sotolo's area of expertise.

Some may find this interesting:

https://www.msn.com/en-gb/money/other/endeavour-mining-boss-sacked-over-5m-payment/ar-AA1muVrG?ocid=msedgntp&cvid=3f4b872dfe4043258985516ccaad549e&ei=23

Exactly Beuna Vista - That's why I made a point of it. - The financial position is a part of today's announcement and therefore worthy of reflection/comment. - Just reflecting on facts, not fantasy/sentiment.

sajy - Your crystal ball is broken. - I haven't sold my shares and I'm very happy to hang on to them for now and possibly add if my judgement allows. - Are you normally as aggressive and as assertive?

Yes 13th - No debt is a big plus for me. It still is. - I'm just pointing out that according to today's news, this will not be the case cum Q1 '25. - I haven't changed my view. - Do you not agree?

Enough funds to last into Q1 25 - My reading here, absence of results/deals in 24 will take us into fund-raising territory? - The SP and time will be running-mates from now.

Thanks Kipper

As a newcomer to Dest, it helps enormously to be able to pick up such insight. - Many thanks.

Best wishes for Xmas and New Year to all my fellow posters. - See you in 24

Good to have positive news for a change although my jaded-Centamin view will remain on red-alert for now. - I'd like to get 2023 out of the way without an RNS informing of production set-backs. - A few days still to go. - I hope this isn't a set-up to cushion bad news. - Paranoid or what? :)

I'm new here as you will have gathered - I expressed my gratitude to sajy on the basis of him taking the trouble to communicate with the company and having the generosity of sharing the experience. - Not many take the trouble to do this. - One big plus for me going forward has nothing to do with the drugs/treatments being developed, but rather the fact that they have no-debt. - Into 2024 and I'm expecting some big-shocks linked to the debt-burdens being carried by some well-known companies. - So, no debt a big plus for me.

Thanks for sharing that sajy. - Much appreciated.

Again - reverted to telephone only dealing.