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Centamin – Will it still own its mine in six months? – Good news or bad?

Tom Winnifrith
Thursday 21 March 2013

FTSE 250 listed gold miner Centamin has issued another statement updating shareholders on its legal issues in the Islamofascist Republic of Egypt where is flagship asset, the world class Sukarai gold mine is located. I have never doubted the quality of this asset, merely pointed out since the regime change in Egypt last summer that the political risks are not discounted. That remains the case at 56p today.

The statement issued yesterday reads:

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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