Member Info for uncertain

CEY have of course been using their profits in Egypt to prospect elsewhere and could continue to do that even after mine development in West Africa. I am personally happy with a bolster of cash because, unlike some people on this board, I am not sure that the price of gold will move upwards as the worlds financial markets come tumbling down. Gold can go down as well as up. Liquidity comes into its own during the hard times.

Fair point Robbie, but how near are we to needing that money for development in West Africa. We don't know the answer to that question, but we have some idea of what it might cost if we use debt instead of cash to develop those resources.

Institutions like a share with a dividend, particularly if they sell financial products which offer an income. They like a good return and they like regularity. It is important to remember that they are also buyers and holders of this share, and we wouldn't want them to go away. For myself, I am neutral between dividends and capital gains since all my wealth, such as it is, is now in an ISA and I don't pay tax on it. For me diversification is more important than share buy back. This is constrained in Egypt by the court case and the investment law, and outside by the slow process of prospecting and setting up a new mine. It is however the way forward for this share and we either need patience or should be looking elsewhere.

mizolgit, you may like the following dictionary definition of kinesis https://www.merriam-webster.com/dictionary/kinesis

now which is encouraging, Its always hard to tell the difference between gold going up and the dollar going down to begin with.

of my money into KAZ in January just in time to see it drop 100p, its good to see it on the way back up again. Having lost as much money as I made by trying to time entry and exits from this and other volatile shares, I have decided to concentrate on holding for a while. Breakeven comes for me (this time around) at about 920. End of the week?

Good thought Paul 280i. A shame you can't patent it. I'm sure something like that may happen anytime soon. Perhaps it could be called goldfinger? Thinking along similar lines, why not go back beyond the (alleged) gold standard of the 19th century to the bimetallist system in the 18th century, and start up a silver backed crypto. I think that one could be called cloudlining. Meanwhile, the dollar has recommenced its secular slide today and the rising $pog is pushing the goldies higher as usual despite very little happening to the �pog as yet

at how various goldies quoted on the ftse have been doing over the last three months. All of them rose at the beginning of the period. hitting highs in late December / January, but then fell back. Randgold, Hochschild and Petropavlovsk fell back about 20% while Acacia fell 25%. CEY has dropped less than 10% by comparison. Concentrating on the immediate movements can sometimes obscure the important long term trands. CEY seem to be weathering the current pullback in goldies better than their rivals, which may augur well for any recovery later in the year. Perhaps the good output figures are trickling through to the market.

Gold is down $20 on the week (about 1.5%) but the �pog is roughly where it was on Monday morning. The miners have reponded to the falling $pog but if they are quoted on the FTSE in sterling they should relate to the �pog. Long term this will happen. You all know what I think of KWN so I won't repeat it here

On the financial diary section of this site it says the final ex-dividend date is March 22nd. I think that means you can sell on the 23rd and still get the divi, but perhaps someone else would like to confirm that just to make sure

Apologies accepted - by me at least. Welcome to the board. We look forward to your contributions to the debate

Paddwah, if you 100% agree, then take a look at your previous post and consider whether could have expressed the same views without the phrases " bum boys" and " horrible little man". This is my last attempt to explain to you how we behave on this board. Any more instances of this kind of approach and I will simply ignore your posts. On a matter of clarification, Mr Tibbles is not ramping Kinesis but responding to requests for informatioin and explaining something that he believes in strongly. I happen to disagree with him, but I do not doubt his sincerity.

Padwah, you will notice that Mr Tibbles and I are on different sides of the argument about crypto currencies but both manage to be polite to each other (although not so polite to klepto anarchists and bankers). This is how we behave on this board unlike others we have all experienced. If you continue with your intemperate posts you will find you get told to behave yourself by all regular posters here and your opinions will be disregarded. We do also discuss related subjects other than just centamin here, and kinesis is clearly related. You will also find that it is best to check your historical facts before posting (I often open a wikipedia tab in the middle of a post to check something) because the posters on here are well read and will pick you up on errors. You are very welcome to contribute your views here. There is a strong concensus that a variety of views, skills, and knowledge help us all. But politeness is the rule, because it makes useful discussion more productive.

We are lagging this morning - I would expect an RNS soon about a large holder adjust their stake down a tad

If the dollar goes back down to 80, then the $pog could go up to $1500 to balance it out

89 for the second time this week and moving down towards 88. The dollar index was around 80 for most of the first half of this decade, so there is no reason why it can't go back to this level. It has been declining steadily for the last 14 months. If the $pog goes up to balance this out it could easily reach $1400. The �pog has been behaving quite differently but has largely been steady in the 950 -970 range. In the long run this is a major influence on the sp

Pakka, the idea of consortia to deliver large projects is standard in the industry. It helps to spread the risk, and usually if one partner goes bust there is more profit for the remaining contractors. The issue is not who agreed to go into partnership with Carillion, but rather who agreed to accept the fixed price contract. Then again, if fixed price contracts are the only game in town, they may have little choice. The remaing businesses in the sector are no doubt making representations to government about the bidding system and the nature of the contracts. It seems to me that this is the way forward, not a witch hunt of board members. Also the term cleansing is unfortunate because of its association with the word ethnic.

I still have 60p to go until I breakeven on my most recent purchase of KAZ ! Maybe by the end of the week?

below 89 overnight, resuming its year long decline. Gold in the euro and � is not up over the last 6 hours so the current surge may be a dollar $pog trade off . Another good day for CEY nevertheless i expect.

I meant decrease in the $pog followed by increase. Sorry about the incoherence - got over-excited