Listen to the numerous interviews around the Resourcing Tomorrow 2023 conf at the end of Nov. Segilola drill results, Douta drill results and Li drill results all signposted before end of 2023 yet nothing to date. Hopefully not holding back on poor results. That said I’m more interested in the production update and delivering in line with guidance
Is that another 3 month delay for Gilar?
Both feet now in the 80s. Setting up nicely ahead of some key updates over the next few months
I like to think of it as Shanta being underpriced rather than Centamin overpriced. In fact I think the whole sector is undervalued right now. That may change if gold holds up and inflation continues to fall/stay lower
What’s changed? The planned sales for this year and more importantly the average sale price ie less revenue. Hopefully they beat guidance on sales starting in the Q3 update next month and the actions they are taking significantly increase the sales price quickly into 2024.
Serabi sp now at all time lows which is surprising given the coringa update. I’m tempted to take a reasonable position here but waiting for it to settle post the update. Clearly the market doesn’t like the uncertainty around concluding the license and/or timescales.