Member Info for Rebess

Morning Prof. - Thanks for that. - A glowing recommendation what? - And yet we are becalmed. - Hopefully, when sentiment changes, we should be in big demand. - cheers.

We seem to have a situation whereby our success goes unrewarded but any setback and severe punishment ensues. - This for me highlights a point I've previously made about the SP. - The current SP does not wear the armour of success and as such is extremely vulnerable to bad-news. - It's why I and several others have called for a rethink on dividends v share buy-backs. - Buy-backs would enhance the SP and offer us far more protection against the unknown/unforeseen. - But we are just shareholders who do not enjoy the lucrative bonuses of meeting undemanding forecasts, free share awards, long-term incentive awards and pension enhancements. - Rewards that are not reliant upon the SP-

divihunter - hi Centamin did enter into a JV arrangement with Ampella and if memory serves ended up owning all the stock although I'm a little vague on detail. - Actually, I'm not sure what the current situation is - Others may be able to enlighten here. - As far as satisfaction by the 'Top-echelon' regarding Centamin being a cash-cow is concerned, In frustration I have suggested that only they are being rewarded, so you might have a point. - On the other hand it cannot be denied that they have done a good job. - With regards to JV's/take-overs, personally I would have preferred the company had expanded it's war-chest in order to widen our choices within this area of activity and indeed had we not dispensed our riches through the largesse of large dividend distributions, we would by now, be sitting on a considerable chest. - Robbie raises an important point about the risks currently associated with African assets. - There's been a few eye-opening episodes in recent times. - It's crossing my mind just now that the time is coming to reassess this risk. - Looking ahead, I'm thinking North America might be a safer jurisdiction. - As things stand in the current climate, it wouldn't take an awful lot to spook me into making this transition.. - So, there we are, a long-winded response that might inspire others to comment, to support, ridicule or otherwise, which should make for interesting/entertaining reading. - cheers

Reuters = RNS -

Q1 2017 was forecast to be low due to technical/structural adjustments re open-pit. - It was well flagged. - So far as I know there is no pre-warning for Q1 2018. - So, if there is a discrepancy and we fall well short of 145oz, it's possible the SP will take a hit. - Not long to find out.

Usually the early qtrs. are conservative. The crescendo is saved for the last 2 qtrs. - It wouldn't make sense to start with a massive bang thereby constructing a cross to be borne for the rest of the reporting year. - That's their style, so ,I'm not expecting too much. - 145k would be bang-on, 580/4, however below that is the more likely for the 1st Qtr. - The only thing I would add is that I am never right. :-)

$/� exchange rate at the trigger date = 1.4144 - I think we got caught a bit with the rate. - Never mind, swings and roundabouts.

Payment in sterling = 7.07014p. - In the bank now..

of the cc being pushed along now that Sisis has been re-elected. - The lack of certainty must be acting as a major impediment to the forward- planning of the 160km tenement. - It's like driving with the hand-brake on and in my opinion is a powerful negative force acting against the SP. - I'm sure it's not the case, but, after six years, you could be forgiven for thinking that Centamin doesn't seem to be bothered. -

It's looking like a wet-suit day is in prospect when Wall St. opens. - I imagine the PPT are preparing for action. - Protectionist tarriff-wars effect maybe.

Good morning sparkle Thank you for that. - Well, we at least now know that Alexandra does tune-in and that's something. - I think it's likely that she submits reports from time to time and if our comments are taken on board when she reads our BB, then in a roundabout way we are creating input to the centre. - Mind you, the frustration - motivated comment will have to be filtered, in which case our input will be limited. :-) - cheers.

Why is he leaving?

Good morning sparkle and cowichan. - Good points highlighted about changes in PR. - It depends upon whether the new direction is genuinely to listen to shareholders views or whether it's purpose is to create an impression of listening. - Historically, views have been totally ignored and I mean totally. - IMO

The thread's quiet without Tibbs.

DA SUT - hi. A good post from an old professional giving us an incite and appreciation that otherwise we would not have. - The management here have done an excellent job over the years and there's no doubt they deserve their rewards, but, so do the shareholders. - It shouldn't all be one-sided. In relation to results, there has been very little by way of rewards for them and the patience they have exercised down the years..- I believe their dissatisfaction is now beginning to show.. - IMO

The one thing that's clear is the top directors are getting all the prizes. - As far as the SP is concerned relative to performance, we're getting nothing. - A good dividend yes and I'm surprised at their statement that the majority would rather have dividend. - There's plenty of shares paying a good dividend. Centrica at it's present SP is forecast to pay 9% in 2018. - That's just one example, there are plenty of others. Speaking for myself and it seems I might be in the minority, I've invested here for growth. - At the present rate and unless developments in other areas take form, we are in danger of withering on the vine. - I'm very disappointed at their response.

Back to pre ex-dividend levels - that was quick. - As I said, a shot for nowt.

Good morning sparkle - Well, they only have the weekend to start a war to try to stop it. :-) - If it is launched, It'll be fascinating to be an observer in relation to what begins to emerge from both sides.

If my understanding is correct, it's China's big day on Monday 26th. - This is the day they launch their eastern benchmark oil-contract priced in Yuan. - This is the day that America loses it's monopoly.

Hi daveyboy - 7.44p