CEY is a gold mining company operating in Egypt. It was ordered by the Egyptian Government to stop drilling pending a legal dispute brought against the company by a government minister.

Since then, the whole Government cabinet was replaced a few months ago and the minister now in charge of Mining is believed to be positive on Western investment in the country. CEY are pushing for this minister to allow them to continue drilling ASAP; investers are waiting....patiently.

As soon as the company gets the go-ahead to continue drilling, the share price will move north; CEY has plenty of gold in this mine and it is (apparantly) the case of "raking" it out rather than drilling for it!

Check them out...worthy of a punt.

i wonder what the implication of that is ...... perhaps Mr T can enlighten us, though he may have sold out late yesterday

RNS Number : 7881U

Centamin PLC

30 December 2011


For immediate release 30 December 2011

Completion of Redomicile and Commencement of Trading

Centamin plc ("Centamin" or the "Company") (LSE: CEY, TSX: CEE) is pleased to announce the implementation of the scheme of arrangement to effect the change to the corporate structure of Centamin Egypt Limited and its subsidiaries (the "Centamin Group") by putting in place Centamin, a company incorporated in Jersey, as the holding company of the Centamin Group.

Admission of Centamin's ordinary shares to the premium segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's Main Market for listed securities became effective, and unconditional dealings commenced at 8:00 a.m. today. Trading in Centamin Egypt Limited's ordinary shares was cancelled simultaneously. Centamin's ordinary shares will also be listed on the Toronto Stock Exchange and be available for trading today. The ticker symbol for Centamin's ordinary shares is CEY on the London Stock Exchange and CEE on the Toronto Stock Exchange.

All of Centamin Egypt Limited's shares have been transferred to Centamin. Those eligible Centamin Egypt Limited shareholders on the register as at 11.00am (GMT) on 23 December 2011 will receive one Centamin share for each Centamin Egypt Limited share held.

At Admission, the Company had 1,096,297,381 ordinary shares of no par value each in issue and admitted to trading. Each ordinary share carries the right to one vote in relation to all circumstances at general meetings of the Company. The Company does not hold any ordinary shares in treasury. This figure may be used by shareholders and others with notification obligations as their denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Centamin under the FSA's Disclosure and Transparency Rules.

completion of redomicile and commencement of trading .
it was given out weeks ago .
8 am today have a good new year .
last post off out to beach

Noun or Verb?

you'll need to simplify the Question I suspect.

Tank - For Gods sake don't take a taxi and if you do don't listen to the driver :O)

http://www.bbc.co.uk/news/world-middle-east-16175209

Just logged into my Barclay's account and it shows my portfolio at 1/1/2012 with CEY missing , must be something to do with change over.

Either that or you were so hammered over Christmas that you have forgotton that you sold them! ;o)

Mark Bankes

State the nature of the transaction = Purchase of 30,000 fully paid ordinary shares in Centamin plc

Percentage of issued class acquired = 0.003%

Price per share = 82.1p

Date and place of transaction = 30th December 2011 LSE

have been buying still no stamp payment very nice

are you playing "catch a falling star"?

Do you know that was the first 45 mum bought for for me... many years ago but i can't remember the chap who sang it??

.

Blimey - sepia days! :-)

Not sure mnamreh, on the flip side was "magic moments" it's certainly his sort of song.,.

lol skinny. ..... do you remember them???

I remember charcoal and parchment mate

lol wow that old ;)

Not really - a child of the 50's.