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Gosh how many posts over the last few months have said "next Tuesday" for news. One Tuesday they will have to be right, but which....

Jackbal I would second that
I agree can't entirely blame brad either but "Brad I know you read this so MAN UP and understand that some of us armchair gamblers have larger holdings than you. Maybe our wallets feel “attacked” by your inability to link your words with actions…"

Candid so this is based on you estimating net profits of $115m, (10c per share)? I am estimating rather less so when you say the share price was higher with higher profits, which seems strange, I think it is based on a rather optimistic calculation for profit this year so our share price won't be lower than previous tears with higher profits now, but lower with lower profits that makes more sense. Of course I hope you are right on your optimistic eps but can't see how?

As usual Candid quite agree, why I hold

Since 2016 the dividend has averaged 11 cents. This would equate to a yield of nearly 9%. However of course the market has lowered the share price as profits will be considerably lower and I expect the share to yield around 5% which would make a reduced dividend of around 8cents total, but of course this is with gold prices where they are now, lower or higher would change the expected profit or dividend. All done on the back of a fag packet with my rudimentary maths but basically lower but still a great yield as halved share price and halved yield give same divi.

As posted a couple of weeks ago I didn’t think Mando had made a mistake selling at 99.4 as Cey , it is down a further 6%, so well called Mando. Ths I said I was had switched a few Cey to is up 40% on the month. Just wish I had the guts to sell far more, and followed Mando (tho not back in) I just sold a tiny few, despite the derision of some here on posting that gold and Cey might fall. Now I think the odds of rise or fall are more evenly poised I think at this lower price, tho the year results are a big danger when people see in black and white how badly they compare and we might get thwacked . However THS has far more to rise, when it’s results come out and seen in black and white, but can’t bear to take the loss on Cey and switch more, I already have more THS than Cey, all thanks to this board and another, Tiger on the Tail, saying get out of Cey at near 200 as it fall began, and buy THS I had never heard of, what generosity (I don’t believe posters move markets in these sized shares unless posting news that isn’t known.. Anyway as said before it would be great if people could be more respectful of those like Mambo or Tiger who post they are selling as the price will fall, and those who hold long term but post reasons for short term fall. Have a lovely weekend all, and hopefully 2023 should be a good year for Cey, or as Candid points out gold price rise may save us

Yes Cherrybun, gold is finding it very hard to make it thru $1800, as sellers come out each time it gets there, having learnt from experience that it will then fall and they can buy back lower. However gold is coiling like a spring and the longer this continues, like a finger in a dyke, the more it may move when it does finally break out. It could go either way, straight to $1835 and hopefully $1900, or back down to its current range in mid 1700’s or even $1685 or further. Currently it looks marginally likelier it will rise given the economic scenario but who knows, and if I think so it will probably tumble. I quite agree with Candid that it is this gold move that will really shift Centamin, rather than the steady as we go news that will just move us slowly up, but be swamped when that finger comes out of the dyke. Imho

Amazing how stunningly little interest in Hoc results on LSE with just me and Bo77’s ‘looks good’ compared to roughly similar sized Centamin, which has just loads of posts?

Cash of $13m compared to cey 6.9m so virtually double. Not
Much less produced at lower cost
Our cap £800m, cey 1.1bn. They have. A longer mine lit but if we can keep extending mine life like this and politics good, plus of course gold stays up, hoping we head back towards £2. A lot of ifs but not bad at all. Question how much the rare earths are work. Book value is of course much lower than sale value which I hope for nearer $100m. Plus will Snip make much difference. Lots of questions for the call

I was just about to post “looks good” but you beat me to it, particularly finding nearly two years of
normally mines inferred gold and silver so far this year. I posted I bought twice after quite a while in the mid 130’s on the good political news. I look forward to hearing more about that in the call

I don’t expect good news Steve but I really hope gold will take off rather than sink, every time it threatens to secure itself above 1800 I get hopefully then when it fails again I see 1685 and downwards, gosh just wish we could make an assault on 1930 again, but as for the company I am expecting profits well down this year and a dividend cut as too late to be saved by gold this year, only imho and hoping for next year….

does sicko equal seller? Seems a great short term punt, buy when gold is below 1750 sell when touches 1800, that buyers just don’t have enough faith to take it through. One has to think our management is rather brilliant to have hedge 1/6th of our output (1/3rd of our silver) at $27+ tho will be very unfortunate for Pallancata if, when hedge ends late next year, silver isn’t higher

Yup CaneToad, wise words as ever, I am doing the same hoping etc on gold price and have been for rather a while….one day… and as long in the meantime as Cey can remain profitable, cutting the dividend soon presumably if gold doesn’t rise, and if mine life extends/new discoveries, it will be in a prime position….

Webb’s. Why do you say that, and which members of the board who have all seen such a hearty rise in share price in their tenure, do you wish to go ? The Newmont Agnico agreement is going well, they are pursuing the tin agreement, all takes time, profits remain a very long way off, they raised money tho fast running out and with just 18montsh of it left they should slow spending on PR etc. They still issue more rns’s than most miners which mostly give just a quarterly results and if any occasional disaster, plus why give us news of noise when this is a long term prospect with any profits years off. So thank you Brad and the board, I appreciate your optimism and I shall continue to sit tight, hoping it is better founded than that of the previous CEO, who cost me a lot saying big profits imminent that weren’t as costs kept going up despite rising gold which meant the Uruguay mine went bust. Huge improvement now.

Yes Noggers

Candid thanks. If aisc is approx $1250 and gold price approx $1750 then that is $500 per oz, add another $50 for lower cost or higher gold and you get up to $550 less royalty less 50% profit share times 420k oz so up to $105k profit less any further costs which is still a third lower than last year with your figures? Anyway let’s see when financials come out as if our profits are similar to last year the low share price would be absurd, but don’t think so, however thanks and cheering!

Sadly Mr Tibbles the Cey price has fallen below what Mando sold at, I still wish I had had his guts, but I do hope his or her buyback turns to profit and Cey rises back up, but I can’t see why it should with falling profits on the horizon till gold turns back up, which I am keenly awaiting but may be a while. Mando maybe now is a good time if you are a switcher and contrarian to buy Tui, I invested some Cey divi in it this morning, that I failed to invest in Tharisa last week, as I have too many Cey already

I think the market remains worried by the much high costs and thus lower profit. At current aisc and gold price we will be lucky to make 90m Inthink this year; while the last 5 years have been in millions:
314.95 172.92 152.65 205.30 214.75
So looks to me like this year will around 75% down and PE up
Even if I am making a heinous miscalculation explains why share price not interested in these results and Cey going nowhere for a while unless gold rises

No my understanding is 80% is sold to new shareholders and we get a pay out. Hoc (thus us) retain the 20% not sold

What does anyone think of this mornings news
Is it selling our Crown Jewels
Or will Aclara be worth more deserved?
Where will future profit growth come from?
How much will Aclara be worth?
Obviously Edoardo will raise more money his third plus is that why?
Or will it make it easier to sell Hoc as a cheaper pur gold miner
Makes one wonder how much more Hoc would have fallen without Aclara
Finally interesting that whenhoc bought Aclara it was seen as a drain as our share price fell?