Updates

Centamin Egypt - Update boosts sentiment

May 2011

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Significant director buying followed by a reassuring trading update have finally helped the shares out of their torpor. Q1 results saw Centamin pour 45,204 oz gold from its Sukari mine, which remains unmolested by the earlier political upheavals. The only disruption was caused by delays in the delivery of blasting accessories, which impacted on its ability to access the higher grade pit but higher grades should be achieved in Q2. Stage three plant expansion from 4mtpa to 5mtpa remains on track for 2011 commissioning but as a precaution Centamin has guided to full year production being at the low end of original guidance of 250-290,000 oz. How fortunate that Centamin raised £86m new money via a placing last December at ...

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Prezzo - Shares storm to new high

Topps Tiles

Centamin Egypt - Well-financed beneficiary of high gold prices (August 2020)

Centamin Egypt (January 2013)

Centamin Egypt - Removal of political uncertainty should herald re-rating (October 2012)

Centamin Egypt (March 2012)

Centamin Egypt (December 2011)

Centamin Egypt (September 2011)

Centamin Egypt - Reassuring update (March 2011)

Centamin Egypt - Set to become 600k oz gold by 2015 (December 2010)

Centamin Egypt - On track to become 500k oz gold producer (November 2010)

Centamin Egypt - Exciting new gold producer targeting half million oz by 2012 (December 2009)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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