Member Info for SteveJones999

Thanks Paul- coffee before tee off time lol.

You did very well getting back in.

Good to see the market agreeing with my view of the RNS :-).

Laters.

PS off to golf now so anyone who is on the 08:30 call- would be grateful for any views.

Hi Sotolo,

This is also key, completion of fiscal drain item-

"This year capex at Sukari will be US$215m, plus US$91m of sustaining deferred stripping reclassified from operating costs. This includes the final phase of contracted waste-stripping programme which is expected to be completed during the middle of the year. Other investments include the grid power connection project, fleet expansion and underground expansion which will combine to support long-term production rates of around 500,000 ounces per year and improved margins."

I appreciate this Sotolo, but it would have been HIGHLY irresponsible to keep the divi high over the recent years based on the figures.

If you think the SP is low now it would have way lower has had they kept the divi higher- simply unsustainable -

For example you go getting a debt facility capability and at the same time dish out high divis when the cash pot was in the decline.

Would have been viewed by the market as bonkers.

Anyone relying on a miner as a safe bet for divis needs to take a serious look themselves- very high risk.

Blimey- what a bunch of gloom merchants!

Have you read the report, EBITDA up 25% and so on?

I'm glad the divi is 2cents, would have been irresponsible to have gone higher when you look at the report detail.

Traded a lot since then Paul.

Too busy to post all trades.

You must have realised when I was in and out and in and so on from all of my posts since then :-).

You know I post on data point and frequently post these points.

I went 50/50.

Will dive in early if good on other 50% or sell off the 50% or hold it if not so good.

I hedged as wasn’t sure with double whammy of fed and RNS.

So far FED done their bit- biggest upside was no change in dot plot which surprised.

Hard to comprehend anything other than good results tomorrow- not one person on this board disagrees with my morning post- and no one said results was surprise to the downside.

But then again no one knows either .

Good luck.

Gold record high, s and p record high, nasdaq record high and so on… barrick up around 3% on close

The die is cast.

GLA, whatever your position.

:-).

Likely to not do a lot today as we await the FED interest rate decision at 18:00UK Time.

We all know it will remain unchanged, but as always it's the commentary that counts.

This year, so far has remained broadly risk on- with some assets dropping off slightly last week or so on FED data markers showing marginally sticker inflation drop for now, although inflation trend down couple with strong other economic data and markets reflecting this.

Unfortunately or fortunately(if you like risk), this speech and decision doubles up with Y/E results here. As normal, we all know the the amount of gold mined and AISC for 2023 and so on quarter by quarter, but does anyone know anything outside these reports that could help in tomorrow's prediction of SP outside of the FED and ensuing potential gold re-action?

From a quick check on the the 2022/2023 (last year's report comparison) to the 4q's published this year- it's good reading (my values are approx and please challenge):

MINED: increase of ~3.5%

REVENUE GENERATED: increase of ~13.3%

CAPEX SPENT: decrease of ~28%

AISC: decrease of 13%

GOLD PRICE released average: +8%

Of course on the SP we never know what is priced in or out, but will there be any other "unexpected costs" and/or issues highlighted?

Please comment- more useful if any "known" or suspected is backed up with a source.

The problem is on your approach Mr T- to make money you have to predict.

Everything you wrote is obvious and doesn’t help predict anything or timeline.

Sorry to be blunt, but I say it as see it.

Mr T,

Please focus on views on what the SP will be in the future and cease endless historical information that is all available should anyone want to find it.

The past is the past.

The key is the short, med and long term SP, and drivers that impact this.

I post many of trades and what I trade on here and my success is demonstrated.

You just whine on and on and on, cut and paste mostly irrelevant info.

You've clearly got an axe to grind.

I feel sorry for you.

Experts at cut and paste....

Could be Tony.

What's your view on full year out next week (21Mar)?

Q1 2024 not out 'til 28April.

https://www.centamin.com/investors/investor-calendar/

What is your point Mr T?

To discourage anyone from investing in CEY and anywhere in Egypt and Africa?

Are you a shareholder here?

What a load of pointless rubbish.

Why invest in anything with this attitude to perceived risk- bonkers approach.

Well done Rebess- in a bizarre way it has helped me here but was painful at the time.

Thanks DASUT- and to you too- we are all here to make money (well most of us are!).

This is why I now only trade it- I’ve posted several times I took a hit on the wall issue and adjusted my strategy then and have very successfully traded it since on the economic marker strategy.

NO ONE on this forum predicted it and were wise after the event.

Which proves no one here, bar mhenderson, has provided any useful to date on these things.

I adjusted a trading strategy as I learn.

Tony- if cpi is below target cey will rise else the opposite - you said it was overbought when this sp was lower the other day and still it rose.

Data point :-).