Centamin Egypt Ltd - multi million ounce gold deposit

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richgit - Sat, 22 Oct 05 :

The real price action may very well be early next year when the BFS is
completed.Bearing in mind that any major would be able to afford to build this
mine with a view towards a more immediate 500,000oz pa operation-that is big bucks !!! The returns on offer would make CEY a tasty morsel,and it is only a matter of how much a Major is prepared to pay up.
So lets consider how much Brancote was sold for,and that was when Gold was virtually half its current value.

I still expect a bid.


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