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.

Three weeks to Presidential elections, so we might hopefully see a resolution to the ongoing conflict soon. As the mine itself seems to be unaffected by the unrest, a stable political regime should see the true value return to the CEY sp.

Are you joking? More killings taking place yesterday.

Sad though that is, how is that relevant to what I have posted?

because egypt looks to be in for a very unsettled time .... indeed, even other muslim countries are most concerned about the rise of mb ..... the public face of mb is one of moderation and conciliation (of course it is!), their underlying agenda is fundamentalist though i am uncertain as to how extreme

I disagree. If the elections go smoothly and produce a clear winner, then Egypt should become a more stable environment, regardless of whether we in the west approve of the new regime. Investors dislike political instability. Once that particular hurdle is overcome to the general satisfaction of the Egyptians, then I expect CEY to be an attractive investment again.

i have been a longtime fan of CEY but am glad i bit the bullet a few weeks back and shall stay out for a good while yet i think

Am out also

Unfortunately, Islamic country or any religion based country result in dictatorship, otherwise war or internal conflicts.
Egypt is not exempt.

There are better places to invest than Egypt for now.

israel is religion-based just as it assuredly was when it was founded in 1948 ..... much as one may find the present govt's attitude to the palestinians pretty reprehensible, it is still a democracy ...... indeed, it is exactly because israel is so democratic that is has a mass of parties, many of which are hard-line something, with a couple of seats each but who between them hold a totally disproportionate amount of power

In any country, internal forces get united against external forces. When external force disappear, internal conflicts start to emerge.

?????????????? and what has that got to do with post 1536???????????

ahoj if what you postulate is correct then Israel would never have any internal conflicts (define).

Cync, If Egypt change the constitutions to become fully islamic country, that's going to end the prosperity. Over one hour waste of time for praying at lunchtime, plus many restrictions etc..

go back to your post 1536 and answer that .....

by the way, ALL muslims pray 3 times a day and 5 times over ramadan; prayers do not last an hour (i think it's 15/20 minutes), does not need to take place anywhere in particular and is nothing whatsoever to do with the constitution ...... further, i think you'll find that iran has a pretty tolerant constitution, but the incumbent loonies care not one iota ..... sharia law is also i suspect nothing like as oppressive (especially to women) as some imagine - as with islam, it is often in its interpretation ...... if sharia law reflects the koran, which i suspect is its aim, then education for women is strongly promoted, and full hijab (if that is the correct term) also has nothing to do with the koran .....

that's enough for now, but it's quite interesting to read up even superficially and a little bit

CEY sp will, no doubt, be dictated by events.

No air con in Greece and in Egypt then , in the Philippines I have to ask for a seat away from it, its so cold.

Notice of Annual General Meeting
Centamin announces the publication of its Notice of Annual General Meeting, including a management information circular, and advises that the Notice of Annual General Meeting and the 2011 Annual Report and Accounts have been mailed to the registered shareholders of the Company.

The Annual General Meeting will be held at the Bishopsgate & Chancery Rooms at the Andaz Hotel, Liverpool Street, London, UK on Wednesday 30th May 2012 commencing at 11.00am (UK time).

harry buy MRW

(I am, for the divi. Trying to get sub 275p if I can.)