Centamin Mining (CEY – Buy)

Centamin Mining is a Gold miner with some big licences in Egypt, run as a joint Venture with the Egyptian Government.

It’s tied in to the price of Gold.

It has recently won a Court challenge for one of its (Sukari) Licences. Its last trading update was also positive.

I bought these at £1.24 in December 202 and topped up at £1.14 in June 2021, selling them all in January 2023 at £1.24. Doesn’t sound much of a profit but also had about 8% back in Dividends.

Happy to Buy a tranche today at £0.99 with Results due in a week’s time.

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