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Some price gaps in the chart, some people think they always get filled, likely do after a big move but doubt these tiny little ones will, hopefully just positive moves to the upside and more likely (hopefully) that it holds above the consolidation and price break above the 256 and 280 mark
Well seems I got nocked out at about 125 from the drop this morning and its ripped right back up to near the five day MA, Looks like a good shake out and consolidation and it looks like I'll be buying back in tomorrow. :-) hopefully it can push on to 163 and then on to 213 in the coming months up to Q2
Personally I can see numerous levels of support at 2265 and 2301, but doubt I'd be in if it went below 2327 and 2319. hopefully with the attack over the weekend everyone who was out on Friday will want to be back in on Monday, The good ones gap up and go, hopefully this is what Gold is doing,
Even with a small consolidation here It still looks good for CEY.
Am I correct in thinking that gold around 2300-2400 would double CEY profits from the last few years?
If only been in here since 5th March, spent to much time waisted on KEFI
The price is still sitting on top of the 8DMA as is the price of gold, still see no reason to sell, hopefully we can push past 129 which was the high 4th Jan 2021. then may be take a little break before consolidating up there for a while before moving up past 163 in time.
Wikipedia
Centamin was first listed on the Australian Stock Exchange in 1970.[2] In 1999, it acquired Pharaoh Gold Mines, a company that had been exploring for gold in Egypt since 1995, and became "Centamin Egypt".[2] The company was granted a 160 square kilometre exploitation lease over the Sukari Gold Project in the eastern desert of Egypt in 2005.[3] A listing was secured on the Toronto Stock Exchange in 2007 to raise funding for production,[2] and first gold was poured in June 2009.[3] The Company moved to a full listing on the London Stock Exchange in November 2009,[4] and was delisted from the Australian Stock Exchange in 2010.[5] In 2011, it redomiciled to Jersey and changed its name to "Centamin plc".[6]
This share hasn't closed below the 10day since the 1st of march. Thats a pretty steady guard rail. let the trend be your friend.
Thanks Mr Bond, Didn't mean the top though, just next resistance, hopefully we consolidate around that price before moving higher, I always have the 8 day and 21 day as selling points but I can see this ultimately moving past the previous high of 220 over time, If GP holds above 2180 then it increases the profit massively over the next year or so, Resolute also starting to set up for me. GLA
The share price has traded above the May 1st high of last year, doesn't that mean the next price resistance is likely to be at 125, the Jan 2023 high?
Looks like KEFI has broken to the down side of a consolidation pattern, 0.4 here we come.
So glad I jumped out of this and in to Centamin, pitty I didnt do it before the raise. Madness the people who bought in on the raise at .6 when these things always go down after a raise
I see from the presentation resettlement has been moved to H2, I thought in a recent interview he stated it had already started and it would only take three months?
RSI is 70.6 on the Daily and 67.3 on the weekly.
since we broke £1.01 is the next price target not now around £1.10?
I bought this as it broke the £1.01 and is now technically in an up trend, is this not so?
Not sure why you've changed threads,
Just post the line from the RNS that states al parties are going to sign,
The last raise was done at .7 and fell to .5 = 30% drop
No where in the 13th RNS does it state all parties are now going to sign
Https://www.kefi-goldandcopper.com/files/presentations/kefi-webinar-18-jan-24.pdf
And Kefi's own presentation where they say the share price could be .4p
I may be back when it reaches that price
The money will be used for,
Completion of project financing and launch of the Company's Tulu Kapi Gold Project. As previously reported, a US$390 million project finance package has been assembled. The Final Umbrella Agreement was signed in April 2023 (see RNS 27 April 2023 for further information). The Company expects binding terms to be entered into within the next month or so subject to ongoing successful satisfaction of outstanding conditions precedent which are normal for a transaction of this nature;
Oh sorry, this was from May last year, My bad
Not sure I did geld, I wouldn't use language like that. or insult people for a difference of opinion. thats not my charactor.
You have officially come off my filter list, Wish I'd listened sooner.... I'm now out of this dog
Strange reply. Entry Point LOL, I've had plenty of them, Luckily around .7 unlike many LTH. It's the exit point ill be looking for tomorrow, like many i'm sure.
TST - surely it doesn't trade down to .6 it just opens at .6. If we were orth £38M today we'll be worth £38M tomorrow with all the extra share in circulation, is it not a case of who can get out first?