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VonMoltke. I think that few of us here day trade so our trades will hopefully make far more than a penny, as we look at the bigger picture. Good luck all

Thanks Rebess. How many people here hold or trade gold on Kinesis, is it good?

Mr Bond, if gold rose 100% then our profit wouldn't just double but rise almost 5 fold, the advantage of being a high cost producer just now is a high multiplier up or down, so hopefully our share price too; however I wouldn't follow Mr MaGuire or other gold sellers as in my experience they mostly get it right less than 50% of the time and a monkey with a dart or us together might be better as long as we listen to those who think it will fall as well as rise, We know gold is the most fickle mistress and you can argue for a flight to safety increasing demand, or Russia navigating sanctions and selling loads, increasing sales. Rising inflation raising gold, rising interest rates lowering it etc. In the end it all comes down to sentiment and fashion, and the attractions of competing homes for the world's savings which many of us feel might become less attractive. Finally even if gold doubles and Cey profits sore, it is likely to be in a world where stock markets tumble, investors need liquidity and PE's fall dramatically all of which could affect mining share rises, all imho

No it has failed its environmental permits due to flora and fauna it will damage so has to rethink, the share price has nearly halved. I must say Hochschild is somewhat accident prone!

Nomad, nor have I seen such low sentiment here, but that for me is a good contrarian sign; over the past 18 months as I have been a near loan voice calling Centamin down from over 200 I was criticised for pessimism by the Panglossian and wishful thinking holders, looking back to how we mined, not forwards. Now I call a bottom as so many are now negative here, looking back at these horrid times, I am criticised for being over positive. However I am hoping I shall be calling this share up for the next couple of years and Horgan's shareholding is immaterial. Of course I may well be wrong, but sell when all are buying and buy when all are selling seems to work as long as don't jump the gun. Well this is now down 60%. Yes it will have used up the cash and yes it may raise money but as halfpenny points out it pays to invest and if that is n Egypt that it knows a rather necessary thing, the mine life keeps extending, the board that has been pretty spot on with its guidance says costs should tumble and we should end up a rare Tier 1 miner, I'd hold on for the ride.

Well Robbie I don’t share vonMoltke’s facts, on which his views are based. Centamin didn’t hit a multi year low after the results, it was almost 10% lower just three months ago. Nor is it some weird shenanigans by management to reduce the price. Quite simply the management made entirely clear that there would be some huge expenditure for a couple of years after the wall collapse along with lower production. It has been entirely as they said, but some uninformed investor were surprised at the reduced profits, and the highly sensible reduced dividend (stupid paying a dividend greater than profit and also now will have some for investment). Imho many here who have been praising the management, and now decry it, have it back to front. They have made us miserable getting the bad news out so it will be good from here imho

Dr R, a few ‘ifs’ there, but ifs are only a small part of a share price usually, thus to my mind around 10p is a good fair price. In 2018 when Newmont joined the party our share price rose from 1.8p up to exactly the current share price though it did drift almost back. The 9.6p it got to represented hope, there have been the expected drill results but it is a long slow process. However given we are a long way further down the road and Agnico has joined the party I would hope the share price doesn’t fall back as it did in 2019 before the Agnico news (which actually didn’t change much as already had Newmont). However I expect Brad etc looking at history see a bit further to go plus probably better for them to wait for options and see situation then as all exploration risky and dependent in the end on the cost base and price of gold

Tornado the shares look forward and costs are likely to be rising further so now needs higher gold price than you suggest

Good on you Halfpenny, however as the shares get cheaper and cheaper, perhaps we should follow the board none of whom have bought recently big time, I presume as they know the news is bad and the price falling, so we should wait till they buy which will be when they think good value, ie not yet….

Yes but our costs have risen more than gold since it was sub 1790, plus our ounces are down, so our share price is not tied to the price of gold but the profit we can make. If gold rises but our profit falls then so does the share

At least you can discard your regret of last week when you posted on results day “ My biggest upset about yesterday is that I only bought 80,000 shares.. ” as you can now buy more at same or cheaper

Market. Always such a gentleman you are actually very on topic, as your and Tibb’s views like all others here are so very welcome, and it is important to all of us you are both better. Market I am particularly pleased to hear from you after your long battle and given your rare posts, Tibbs I hope your short break means nothing too awful? One gets to know voices here, and many who have gone for different reasons are sorely missed, including those who sold out and moved on. I bravely made two further small purchases yesterday.

Always lovely to hear from you Prof, I hope I am right too, but the best any of us can hope is to be right a bit more than half the time, so much serendipity and luck involved, though of course research helps and hearing from each other helps this too. Talking of which does Uncertain post anywhere now, Tiger seems to have moved from ADVFN THS board to the nether regions of Russia advising avoiding the likes of Evraz and Poly, he has huge knowledge of Eastern Europe even knowing Abramovitch, so is a font of wisdom now ,as is Pokerchips on the Hoc board with his latest on a new impeachment of the Peruvian president. Those with knowledge, rather than whinging, and who listen to each other are so very helpful in this process of chasing luck.

Mister Booth, we could see this coming as the costs for the mine wall are huge, and costs being spread among fewer ounces increases the aisc, it shouldn't rise further and should fall again in 2023 despite inflation. It makes perfect sense without conspiracy theories, I always recommend Occam's razor to investors, the most obvious answer is the likeliest.

Darren
I think there is every sign of this share improving
So very naughtily I couldn't resist buying some more at this expected sale price
After being a bull, I have said over the last 17 months since the wall collapse we would have a horrid 2021 culminating in dreadful figures with negative cash flow issued for the year in March 2022 and a reduced dividend despite so many posters poo pooing this and talking of the continuing high dividend as a price support. I said these figures would hit the shares again this march, despite already being know, but after it would be upwards. We are now after, by a day, phew, so:
Production is now on an upward trajectory
Costs will now fall despite inflation
Profits and cash flow will begin to recover
With now near halved dividend we will have the cash to grow
hopefully this will lead to greater profit and greater dividend
plus there is a possibility gold might rise.... tho depends if Russians start selling imho
Finally a sensible price and time to buy more so I have after selling bits over the last 18 months

Poker chips you are a fabulous fount of knowledge and alone make this board worthwhile. Most wishfully say the price should go here or there, you however provide the reasons thank you

I agree Tornado. If this rally becomes an over 500k oz low cost producer with long mine life will be great and should double. In meantime I am pleased that the divi will be near halved, although disappointed that hidden in obfuscating language, as we can no longer afford it with lower profits so let’s just get that last bit of expected bad news out of the way, but he should have done so sooner so next year could be maintained. I don’t think Horgan is as wonderful as Mr Tibbs thinks and just hope we get bought at a decent price before he punctures us further

Many goldies will be pay paying higher dividends unless our share price falls to take account of coming (and expected) divi reduction (which it seems to be doing). Our forward yield at £1.10 will be around 3.8%

However all this is entirely as expected and have been suggesting a final fall at these latest figures too over the last 18 months, before the. 2023 recovery (we hope). At least it is getting nearere

No that is this year. Next year they promise 5cents

From report “ our intention to pay a minimum 5 US cent 2022”