Member Info for Rebess

Currently - Telephone only trading - No online.

On the other hand 3bears, if they are going to undershoot even lower-end, which has been suggested on here, they only have around 10 working days left to invent a reason. - So no long to go. - If they are to pull a stroke, I would guess that for timing purposes, it will be announced after close-of-play on Friday 22nd, This will create the cushion of the Xmas break for the news to be absorbed. - If it doesn't happen by then, then I think we can breathe a sigh of relief.

My reference here is to Gov. subsidies. - No money in their coffers to support/enhance the clean-energy sector. - At this stage, subsidies form a big part of the story. - Apologies for not making it more clear.

The recent trading-update which gave the SP a boost has been lost now. - I'm thinking they possibly knew of the upcoming MS statement when they released it. - Could have done with it coming out now as a life-jacket. - Potentially, no more good news until end of Jan. interims, meanwhile, any additional bad news ala the clean-energy sector will only add to the woes - A dilemma faced by all industries relying on Gov. subsidies going forward. - Sadly, lip-service/words in abundance, unfortunately, no money in the coffers to back it all up - The situation has changed dramatically in the blink of an eye. - IMO

Hello everyone - A newbie here so bear with me please.- I think a big problem is that the clean-energy story has temporarily changed.- There's plenty of lip-service of course, but no real follow through with initiatives. - The renewal of North-Sea Oil permits provides an example.- A lack of infrastructure projects re EV's another. - For now the urgency appears to have diminished and along with this, investor's interests. - IMO

Hi Sotolo - There is no impediment to the taking over of Centamin. - Centamin is owned 100% by Centamin. - Are you confusing Centamins 50% stake in Pharoah, jointly owned with EMRA?. - A takeover would include this arrangement along with Centamin's assets in other ventures, including the new Egyptian licences.. - By all means come back at me if you think this is not the situation. - Always willing to learn.

Impediment removed, does this now clear the way for the long-rumoured take-over bid?

Should have an influence on SP I would have thought. - A long standing impediment that would flash-up during due-dilligence procedures now out of the way. - It should make a differnce. IMO

If Centamin has to create a situation to cover-up for missing forecasts, they only have around 20 or so trading days left to do it. - Fingers crossed they don't have to.

Agree Razor - Absolutely - No matter how you try to dress it up, it was a failure to meet forecast and the market usually takes a dim view - Also agree, a surprise on the upside is usually well accepted and supported. - When was the last time CEY did that?

Just an opinion, but I think Centamin trashing its credibility in recent years and blowing its piggy-bank reserves has a lot to do with market-sentiment here.

I sincerely hope that Siko will continue his contribution to this thread. - Again, down the years, he has performed outstanding service to this forum, providing an on the ground, as it is happening, Egyptian perspective, in a way that no other can. - A beautiful writer and widely respected. - Reading Cowichan's post today, and not wanting to put words into Cowichans mouth, I would say that is an apology as well as an appeal to not abandon .

Agree Sotolo - As indeed your posts are most enlightening with your number-crunching assessments that are so relevant. - Especially when exchange-rates and inflation are taken into consideration. Factors that are so often overlooked.

Not taking sides, but love him or hate him - Cowichan does support his comments with facts and figures and reasoned argument. - Those who seek to counter should do the same. - IMO

I would add that down the years he has been a prolific poster and provider of interpreted information relevant to Centamin and most useful to all here.

Price of Gold very close to $2000 now and likely to breach this over the coming days and yet Centamin sp is nowhere to be seen. - People can philosophise all they like and experts can expert all they like, but something doesn't add-up here.

Yes, fair point 3bear - Time will tell as always.

Correction: - In Q4 a 27% increase over Q3.

128,100 oz required in Q4 to meet lower end 450,000 oz guidance. - This means a 20% increase over Q3 production and an overall /average quarterly increase of 13%. - A big ask I would suggest. - The truth will out.

Let's hope that the L.O.M. message wasn't part of a good news/bad-news act. - Softening us up. - We'll know tomorrow. Please God, not another good-hiding day.

Am I right in thinking that tomorrow - 19th - is Q3 results day?