Member Info for Sotolo

Thanks Gnome, about a Kim Beazley’s pronouncements, do you think this is good or bad for Cey share price? All best

Thanks Steve but who know where the shares will go with the vagaries of gold, I can only say that I see more reasons why more will buy than sell. Gnome posted an excellent interview with Mervyn King about the difficulties of forecasting, especially economic, given our paucity of knowledge, so anyone who says that a will result in b, in economics, may well have it wrong. One can only go for the likelier outcome. I appreciate your posts and particularly on when you trade and why, amateurs tend to be better than analysts at forecasting and much better than financial advisers, see ‘Superforcasting’ book, particularly groups of knowledgeable amateurs like us, so all please keep posting your reasons why you think Cey will rise or fall, and particularly when you believe this so strongly you put money on the table or take it off, and when you make the trade as hindsight like foresight is a strange thing. Thanks

Indeed Steve, I bought more Hoc yesterday and the day before, as they were knocked back further which was unfair as they are now mainly mining gold and only 20% exposed to the silver price, which I believe market hasn't yet quite caught up to,; I posted when I bought over on the Hoc board, and why I had, wish more would, I haven't added to Cey for a while as Hoc has seemed to have more legs with the huge political turnaround and heavy investment at the right moment, tho still have slightly more Cey shares than Hoc. I tend to move between them but on a longer view

I have actually bought two more lots this week, I don’t think the Market has realised that Hoc is now only 20% exposed to the silver price, and gold hasn’t fallen nearly as much

Thanks Gnome, yes everyone should be “ alert to racial prejudice and discrimination”* , of course including our board and management at Sukari who couldn’t operate if they weren’t. Luckily they seem to be.

* definition of woke

Not an aberration but sadly normal, when the market takes a tumble gold usually does too at first as investors seek liquidity. Look on the bright side and at this rate the Hoc gold hedge will soon prevent greater losses

Kando, are we looking at the same gold price, I make it down about 3% today knocking near 10% off profits if this price maintained compared to yesterday so share fall has not been that bad?

I think the market, and especially AI stocks, has got beyond itself and has been overdue a healthy correction. Gold usually suffers at first as sellers seek liquidity, then hopefully onward and upward. But our share price is very much driven by demand for gold and that is off a bit today tho not nearly as much as Topix and Bitcoin which is so far encouraging

Thanks as ever Mike. What happens to the share price when the buyback ends?

Wiggly (apple spelling), I am sure this post is as pertinent to the future of Centamin’s share price and far enjoyable than many, I want to move in as I feel sure that then the share price would rise

Only very promising if you call an interim still less than 1% very promising. I imagine Hoc will come out with something similar in Augusr

Occam’s razor is the most useful investment tool, and for life so I take Mr Tibbles at his word. I tried to post a reply yesterday that failed to post, saying the fall on Q2 day was less than some other gold miners and a result of the 1.5% tumble, and the share with gold is now recovering, the actual results were as expected which is one of the great things about the Horgan reign, now to get above 500k oz return to being a tier 1 producer and of course most important rising gold price which is what really affect this share. In the meantime there is the improved dividend to collect soon. So cheer up Mr T, I am sure you still hold and can enjoy bot the dividend and hopefully capital appreciation going forward without the historic surprises

Gwm if PGM prices hold up and even rise some more Hoc should be giving decent dividends again

Why such a big drop, feels like old times, hopefully will turn back up and as we say…next quarter…

As usual share price pretty dependent on the gold price, so may be down a bit bit again this morning, will see in a couple of minutes

Well steady as she goes, much as expected. tThe interim dividend is slightly up. Annual dividend had near quartered from 15.5. to 4c over last 8 years, partly due to profit share, also why share price lower for whoever asked a couple of days ago, this calendar year 2024 total dividend paid to us is down again, but hopefully the last time as this interim is slightly up so if the final is too we have finally turned a corner which should help the share price

Thanks Mr Bond but you can keep your hat on. I have not traded much just added to average down (esp when Inmaculada and regime sorted which had severely hit us) so nearing even with rather a lot more of them - I have a stupid and irresponsible 40% in Hoc but has been great the last year as have gone form a portfolio that had more than halved at the start of this year to a near doubling back to where I started, though still 20% from when it topped three or four years ago. As said keep the hat on for now.

Amazing so little interest in Hoc results, over on Centamin there would be at least a dozen posts by now. Nice to see the move up resume

Also interesting that at current PGM prices we are now over ⅔ gold and less than ⅓ silver

Sorry, now remember they said they would tell us about reinstating dividend with financials at end of August. Decent results this morning just as expected and future still looks bright so hopefully with a decent gold and silver price we should rise today and break 200p barrier this summer and more in autumn