Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Https://uk.finance.yahoo.com/news/centamin-plc-lon-cey-shares-075758014.html
Key Insights Using the 2 Stage Free Cash Flow to Equity, Centamin fair value estimate is UK£1.67
There is an interesting post by Trader 465 on the ADVN Chat Room, it is not yet answered.
"Doropo is years away from contributing to EPS. The important question is what will EPS be for 2023? Anyone done any 2023 EPS calculations?"
It made me think also of free cash flow and next year's dividend. Has anyone any ideas?
Big respect to you for having the courage and integrity to be completely frank and honest in your presentations despite the risk of physical and verbal abuse afterwards!
Seconded!!
Hi Cowichan, the point about difference between LOM plans is interesting. What in your opinion are the main (in summary) differences between the old and new LOM plans. I will listen to the CEY briefing and try and do some reading but your informed view and opinion would be much appreciated.
Seems to be good news but I don't understand the difference between Av Gold Production 506,000 for the next 9 years (2024-2032 and 75,000 ounces per annum for life of mine (2024-2034) in the following line:
- Average gold production of 506,000 ounces per annum for next nine years (2024-2032); and 475,000 ounces per annum for life of mine (2024-2034), reflecting a 5% increase in LOM gold production compared to FY22 (441koz)
With the new escalation in the Middle East another war may not be so far off.
"A general trend in the past is when you have a high level of disarray in the past, they start a war (in the name of democracy or something like this), but this time it might be internal ?"
Mr Tibbs I believe it to be a case of error in project development (scope and estimated end cost) at the pre-detailed design stage. There was some mention (on the HZM board) of CEO not bringing the information out soon enough. The decline of the from 172p in Jul-23 to 125p before the 75p drop on 02-Oct-23 in hind sight certainly indicates something was known by part of the market. Me, I reacted far too slowly, and should have sold out earlier.
A salutary lesson for CEY shareholders of the risks investing in mining shares.
The share price of HZM plummeted on the news of cost overruns and delay to mine development and start up. HZM Management issued the below RNS and the share price plummeted 75p on 2-Oct-23 from 125p. Prior to this it had fallen from 172p in Jul-23 so the market may have had an idea something was amiss but not the details.
For me another expensive lesson learned.
https://www.lse.co.uk/rns/HZM/update-on-araguaia-nickel-project-construction-vq946eycq0gfz25.html
I don't doubt what you say Tony, but as a, partly unintentional, long term investor I am wary of buying more.
My own fault but for part of my investment I have been caught in the it will be better in two years syndrome.
My current average is 110 per share. In the more recent past I am using a more focused and unemotional approach to trading, so may top up, but when is the right time to do so.
Thanks for posting Dansul , sadly is more "can kicked down the road" ... 2025 and beyond.
Each year the good times seem to 2 years away. I am beginning to wonder if I will see them before I hit the end of the runway.
Well said Tony, and for me it is good to see you on HZM chat, although my holding there is a lot less than CEY.
I very much appreciate your open approach and that you share your thoughts and information on technicals, wider econmomics and even trades.