George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
The fool likes us.
The share price of gold miner Centamin (LSE: CEY) has more than halved since this time last year. It’s been the victim of two common risks that can dent such a stock. Namely, a weakening of the price of gold and an operational setback.
However, I can see two reasons for optimism right now. First, continuing massive money printing by governments should be supportive of the gold price. Second, Centamin appears to have stabilised operations.
It reiterated its production and costs guidance for 2021 in a report on 22 July. I reckon further positive noises in its half-year results on 5 August could see returning investor interest in the stock.
Thanks Mando
I missed the last two lines in the quarterly report. I will now sit back and smile.
Sotolo
Surely the 3% we last received was the final dividend for last year. Or am I missing something.
Wonder if there will be a dividend announcement in the interim results next weeks?
My betting is no.
“Centamin has delivered another solid operational performance and we remain on track to meet full year cost and production guidance. During the quarter, excellent progress was made with the Sukari waste-stripping programme which has significantly outperformed budget and resulted in record material mined“
Can only mean new thing in this mad market. Shares price will drop
Agree about the media
“We are doomed if we stay locked up”
“We are doomed if we have freedom day”
The media make captain hindsight look like a cheerful chappy.
Why is it when there are a high volume of shares traded (7th June, 30th June, 6th July) the share price takes a drop?
Does this mean there are more sellers about? Is this significant? Or just a quirk?
https://www.telegraph.co.uk/business/2021/07/03/mellon-list-lithium-miner-londons-junior-market/
I think ahha was more articulate than me. My underwhelming comment was based upon the expectation that Covid business would reflect more in these results. Yes I was caught in the hype we have built up about this share
I agree it’s all Franks points, but hoped we would see more about Q1, to give an indication of where we were going.
They seem underwhelming
You can get to it via the RNS today
At least the results are in June as they promised. Hopefully, they will lead to a very happy July.
One way to become a lord
For dividend reinvestment tomorrow
Peachy
Look on the bright side, you have got Scottish independence fight to look forward to.
Thanks for the answer, so logical, I didn’t see it.
What are peoples views of why this is rising and falling so extremely. It is almost as if it is a day traders share.
Unless the results aren’t as good as we all assume and someone is unloading.
Motley fool recommends Vodafone
https://www.fool.co.uk/investing/2021/06/07/heres-why-i-think-the-vodafone-share-price-is-undervalued/
Thanks master baker.... yes that answered my silly question
I am not decamping, but I have a naive question.....
If you are right, surely the MM know this and they would be filling their boots now? Or is it they simply can’t be watching all shares?
Is there any reason for this dip, or is it profit taking?