Member Info for SteveJones999

Play the data, I simply don’t understand when a stock rises some people think it goes down-

Bizarre viewpoint, play the data , it’s not hard.

Gold now at 2,287, good luck to all holders, fingers crossed for whatever Powel says later.

Off the table now for me as I don’t like to in when Powell speaks.

Will see what occurs then decide whether to try to dive in tomorrow first thing- data dependant as always.

Markets shut when Powell speaks later (well the U.K. ones)

117.2 as I type.

Gold spiked to 2284, now 2280

I’ve proved this so many times over the past, the rest is just a 50/50 gamble, and I don’t gamble.

Follow the data- it’s always the way to go.

Wow Tony- you seem really desperate for gold to fall.

There is no such thing as as inevitable pull back Tony, it’s all about data.

Don’t do Hochs due to stamp duty- Sotolo does, so may be able to answer- going well today like fres as silver up a lot

Yep that’s it- when the RNS came out I checked same last year this time, volume of share increased though.

Https://www.marketwatch.com/economy-politics/calendar

Remember- key data in the US is tomorrow but FTSE shut- so only you can decide…

GLA and Happy Easter :-).

You are a trader as you traded, well done Paul- I did post when the price dropped at the time when you posted I would not be concerned :-).

Be proud of trading, else why did you post?

Others, mentioning no names Mr T and his mate, just troll centamin constantly on the board.

Hedge was put in place:

• Gold price protection programme implemented for the twelve months to June 2024, with the purchase of put

options for 240,000 ounces of gold at a strike price of US$1,900/oz

Gold was about 1,950 at the start.

Dropped to about 1,820 low on 4th Oct (eveyone was praising Horgan at this point)

Gold rose back to 1,900 and above from around mid October

You can do do the maths on the cost of the hedge against oz sold.

As I said earlier - it was needed due to the company position at this point.

In his defence, at the time cash flow was not looking good- available apex continuing to drop, many experts were predicting lower gold (I recall Sotolo posting an expert who was also wrong). At points in the hedging time gold did drop a bit so would be interesting to see the real cost v benefit of the hedge. Had gold dropped (beyond the threshold) with no hedge, cey would have had to dip into the loan facility or at very least close to it and there would be no dividend whatsoever.

to bring us to now- giving away more than the current divi would be irresponsible based on their figures and would have sent the share price lower for sure.

Https://www.marketwatch.com/economy-politics/calendar

As you will see, unfortunately the key data is on Friday when the are shut.

Softer data would be good, but there's a risk if not good, not so good.

Mr T, everyone is well aware of Egypt issues, and bonkers for you to think than no one on this board isn’t aware of Maguire and all the other negative commentary - you’ve repeated this continually on this board.

Well done Sotolo!

And getting there Paul.

:-).

Mirroring gold movements, albeit a tad delayed. For what it’s worth, it’s overdone.

I wouldn’t be overly concerned.

Liberium cut to hold- they’ve a pretty good record here (alas for some).

He’s too busy counting his Krugerrands Razor