Member Info for Somnamna

Sparkle and Fizz I have checked against the shipments list you so kindly posted and think the figures for actual shipments of dore in Q1 are: 08-Jan-18 467.00 15-Jan-18 403.00 17-Jan-18 291.00 22-Jan-18 385.00 26-Jan-18 255.00 29-Jan-18 324.00 05-Feb-18 385.0012-Feb-18 392.00 19-Feb-18 396.00 21-Feb-18 350.00 26-Feb-18 403.00 05-Mar-18 384.00 12-Mar-18 396.00 19-Mar-18 159.00 26-Mar-18 392.00 31-Mar-18 245.00 This is a total of KG 5,627 shipped So at 86% purity 5,627kg x .86 = 4,839.22kg x 32.1507 = 155,584 troy ounces So at 86% purity 5,627kg x .83.2 = 4,681.66 kg x 32.1507 = 150,519 troy ounces Both quantities of troy oz are close to and above above CEY prorate guidance of 580,000 oz �4 = 145,000 per quarter. If the second in the week shipments of 291kg shipped on 17-Jan, 255kg shipped on 26-Jan and 350kg on 21-Feb, a total of 896 kg, are stripped out the total kg dore shipped for Q1 2018 it would be as you say 4,731 kg and it is good of you to highlight the possibility of a lower figure for shipments. However there were second shipments when Siko was posting so it may not be necessary to strip them out. The data is what it is and is up to BMs to do their own research, analysis and assessments. Of course Alex is correct when she said the shipment figures are not accurate, however for me the data is good because of two things. Firstly it gives early info on the shipments trend and secondly over time a view on the purity shipped. Plus when compared with the actual shipped per quarter a view on the accuracy of the early shipment data. Yes there may be uncertainty over second shipments in a week but it is up to BMs to make their own decisions on that. There were second shipments in a week when Siko was posting so to delete all the second shipments above would be a worst case. We don�t have long now to see the actual Q1 2018 preliminary production results and it will be interesting to compare the actual oz produced with the data we have. Whatever you do please do not stop posting the shipments. It is really good information and is very much appreciated. If I can help to take some of the load please let me know how you find the info. I have tried and not succeeded. Also work commitments can and do sometimes get in the way. Fingers crossed for Monday 9 April.

iii when TD Direct Investing paid the dividend into my acvount about 4 days or so after the dividend date.

2018 Q1 Preliminary production results will be announced on 9-Apr-18 http://www.centamin.com/investors/financial-calendar/2018

By my reckoning (DYOR) In Q1 2018 CEY seem to have shipped 4,831 kg of dor� bars. This does not include the 405 kg shipped on 01-Jan-18 which is probably included in Q4 2017 total. I read somewhere, may be right or wrong, that shipments within 5 days of the end of a month are counted in the previous month total. The above 2018 Q1 total shipped does include the 245 kg shipment kindly advised by Sparkle and Fizz yesterday. From the above, actual gold ounces for 2018 Q1 may be in the range of 150,519 troy oz (83.2% purity) to 155,584 troy oz (86% purity) or more or less depending on the purity. 86% has been used previously by BMs but I did a check on 2017 Q4 and that seems to be 83.2 based on CEY reported au oz versus my log of shipments which may or may not be correct. So where does this leave us: 2017 Q4 au oz = 154,298 2016 Q1 au oz = 109,187 2018 guidance = 145,000 per quarter (even spread). It will be interesting to see the market�s take on this. A big increase on Q1 2017, a 4% to 7% increase on 2018 guidance or just maintaining 2017 Q4 production. It would be interesting to see Sotolo's take on current situation on cash flow and profitability

Excellent approach Sparkle. I for one am most grateful for you taking the time and effort to keep us informed of shipments. You post the links so we can we all can interpret the data as to double shipments or not. Again many thanks for posting the information.

Well done Sparkle. Thank you. May I enquire please what were the shipments 12 & 19 March.

It truly is a sad day if Mr Tibbs does stop posting. He is a stalwart and I hope he does pop back from time. Better still to perhaps take a step back and realise how many of us on here appreciate his views, comments and posts be it the conspiracy which there is, gold movements, views on politics, lol which we can agree to disagree, but above all especially feedback from the man on the train. So never say never. Best wishes Tibbs hope you reconsider take a break then keep posting.

Thanks for the post Soltolo, I always enjoy reading what you post re "profits�. I must admit a while back and through lack of awareness I wasn't taking this aspect seriously enough. No wonder there was a big gap between reality and my shorter term expectations for Centamin.

Thanks for the helpful explanation Sotolo much appreciated coming from our profits guru.

Lol 'There's no such thing as bad publicity'

Yes agree 100% MF are a bunch of useless tosspots. Subscribed and wished I hadn't. One lives and learns. Where do they get a "and although a 4% profits drop is estimated for next year" from?

Thanks for sharing much appreciated.

Hope this link works. If not easy to replicate on Yahoo by plotting SP and 10 and 50 day MA https://finance.yahoo.com/chart/CEY.L#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 I am not a chartist but the graph is not looking good. The 10 MA has crossed the 50 day MA downwards Historically a signal of a fall in share price. Is this only driven by USD / GBP exchange rate and price of gold. Roll on 9-Apr-18 when the so called analysts who ink before trhey think will have some good news

Thanks Sparkle, I have updated my spreadsheet. This really is becoming interesting. Applying an even distibution of year guidance across the four quarters of 2018 Q1 to Q4 CEY is presently on target to well exceed Q1 guidance and to show a massive increase on Q1 2017 which was only 109,187 oz of gold. Would very much like to know how management see the guidance on a per quarter basis for 2018 e.g. is it ascending, descending on a quarter basis and in Q1 are we on high or low point.

Hi Sparkle. Again thanks for posting the shipments it really is a big help and is much appreciated. Not sure if at 3,610 kg to date for Q1 if my total is correct. Q1 2018 KG 10-Jan-18 467.00 15-Jan-18 359.00 17-Jan-18 297.00 22-Jan-18 385.00 26-Jan-18 255.00 29-Jan-18 324.00 05-Feb-18 385.00 12-Feb-18 392.00 19-Feb-18 396.00 21-Feb-18 350.00 Sorry for asking but am I m issing any shipments? Tried tracking back and it seems one shipment of about 297 kg may or may not be a double.

Agree 100% with your conclusion Sotolo re drag on the share price Sotolo but perhaps there is a simpler solution being the "ink before they think" chaps can't see beyond the end of their nose at what is a good thing and their spreadsheets can't cope with something so simple as profit share.

It certainly seems CEY unlike gold doesn't shine. Seems Joseph made a good call when selling his shares. I am prepared to wait but he is probably invested and earning elsewhere.

Hi Sparkle as Jersey resident do you have to pay UK income tax or Jersy income tax on the dividend? I work outside of the UK (more than 5 years) so free from capital gains TAX but I am liable for UK tax on the dividend payments.

Sorry but the results although very good come across as bland. The "ink before they think brigade" will probably focus on the drop in EBITDA from Dec-16 372,885 to 325,927 in Dec-17. Can ssee the headlines now, "profits fall at Centamin", but hope I am wrong. Not enough progress on developments in Africa.

Thanks Sparkle you picking up the baton re shipments is much appreciated. Will be interesting to see if the Year Report gives some insight into production rates. It is early days but by my count the daily rate of production this month DROP even at 83 per cent gold is well exceeding what is required to meet guidance.