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According to the RNS, mining activities continue with the supporting contractor (RNS). The up and coming blast is the big hurdle in terms of time. What stage is the blast at, who’s been in charge of the blast and does the blast have to be totally dismantled and reset by others if Corica set it up. That wasn’t explained in the RNS. Taking the main contractors side i would have set the blast up first, built myself leverage and then pulled the contract and hit them with that statement. Forcing HUM to come to the table and make a favourable decision. But thats only me.
Riding price makes very little difference to us, they are hedged and nothing coming out of new mine
Another day of rising gold prices, Very Nice!!!!!!
Another day passes without an update, so much for the resolution over the first weekend
A mine not operating is the place to be is it ? Please explain how that is the place to be. I would have thought two efficient mines operating at full capacity was the place to be, but feel free to enlightenment me.
Gold is rising unabated playing catch up to money printing and has along way to go. They say it’s going to outstrip all other asset classes this year. HUM is at the right place at the right time. Ready to rocket.
Publican think you have bipolar issues
You can’t make your mind up
Maybe stick to premium bonds mate
Hit my $2.4k / $28 intermediate targets on Gold/Silver - note sure what happens next - US CPI in 50 mins ...
Still Climbing, $2400 still on target this month?? $2500 mid year, imo
Must be an update very soon, costing far too much to let this drag on
Let it go publican, your post on the 18th March proves my point. You called the dip wrong, tried to catch a knife, lost a finger and panicked.
Let it go publican, your post on the 18th March proves my point.
"Buy when people are fearful" 🤣🤣
Hum have fallen out with numerous contract miners though and Corica have never had an issue with anyone.
It seems there is a concerted effort on here to talk this down lately.
Meanwhile the SP continues to rise, although in fairness, the trading action doesn't justify that rise.
Whatever,
"you don't stop mining when you're that close"
And you don't continue to be had over a barrel either.
You can't continue to pay a contractor that is not performing anywhere near where it should be. We have a similar situation in my current contract at work. The contractor is not working as fast as is required by the schedule, that was agreed to before the job started. The reason is although the job requires 6-8 men working full shifts every day, there have been just 2 or maybe 3 at best. The contractor has asked for the first staged payments. My gaffer's reply? Finish something first and I'll pay you for that.
That's how business works.
Should my gaffer pay them when they're not performing as agreed?
This is what has happened.
I've suggested that we bring someone else in. My gaffer has said that he needs to hear the contractor's response first.
Ie, he's giving them every chance, even though it's obvious that the contractor is taking the proverbial.
Because that's how business works.
This is exactly what's happened with HUM.
It was RNS'd that HUM had brought a seperate fifth fleet in to help out. That is a FACT and about the only one we know apart from the suspension.
Everything else is speculation, but business doesn't change. If they take HUM to court, it will be agreed that they haven't performed and that 27 million is very likely to be a third of that if they're lucky.
And those who are saying they haven't seen any value from this share need to change their approach, imo.
Don't look at it as an investment. Chuck a few cautious quid in and remove it when it doubles. Because it will.
15p is nothing like a big ask here, imo.
Well, I remain surprised at the rise here in the absence of news. It's back to the price I sold at and I'd be lying if I said I didn't wish I'd bought at 4.5p and flipped them today. I'd love (probably a little strong for my feelings here) to be able to buy back in. In the absence of news I believe this is as likely to end up at 0 as doubling. There is clearly a case for significant cash flow and value creation, but in the 9 years or so I've been here, I am yet to see any value creation. Just a long history of messing up everything possible. There can be no doubt that Dan is inept and another disaster is never far away. I hope you guys make money here because I'd take no pleasure from seeing you endure a repeat of my experience. Make no mistake though, this is far from a dead cert. It's a complete gamble.
ThePublican777
Posted in: HUM
Posts: 1,211
Price: 7.95
No Opinion
RE: …18 Mar 2024 11:08
Tony regardless of if it’s sorted tomorrow or next week operations have not stopped and they can put the stockpile into the mill
You’re been over dramatic as you well know , this will be sorted and it’s over done now the fear , like I say it’s an easy top up for people hence why you’re here. If you knew what you were doing you’d be buying the fear but you don’t
Imagine posting everyday contrary to a nigh on 50% move upwards. Sounds like a case of bitters and not being able to let go to me.
Whilst you're busy moaning about it, you literally just kissed away 50% because you have no balls. You're meant to trash it on the way down then buy it and laugh on the way up. You seem to have it the wrong way round 🤣🤣🤣👍
I managed to Increase my core holding by 30% for gratis, absolutely zilch, nada, zero but each to their own I guess
Again why do you want to comment if you dont hold any shares in the Company ? May be a sham for you but I bought in at 5.5p so im up 50% as it stands, I hope others are in the Blue too !
If your not happy here then simply sell up and go away, If you have already sold up then just go away and stop trying to put others off holding just because you have now missed the boat,
There is a lot of money to be made here if you stick with it IMO I have 500k shares and im keeping them for at least 12 months , Maybe i will end up 50% down, but more likely i will end up 200% up from the level i bought in at ! GLA who are invested
It's HUM. What do you expect?
When it goes down everyone's moaning....when it goes up everyone's moaning!
I’m not a fan of anybody who isn’t performing well, but don’t confuse that with doing business.
HUM have built a gold mine going into production at the start of a gold supercycle, where the gold price has no resistance points above it and HUM’s share price is rock bottom.
The main contractor/client contract will have an arbitration clause which is relatively inexpensive, quick, binding on both parties and cannot halt or hinder mining operations form here on in. At this stage most of the arguments will have already been documented and the main contractor won’t want a trail of legal battles that frighten off other existing and future customers, suppliers and financing. They are in a service industry after all.
"Today 11:41
You forgot to mention, followed by a lengthy expensive legal battle that we can't afford."
You really are a little ray of sunshine, aren't you? Are you getting paid to undermine HUM or are you just a sad wee man who is underwater and can't breathe?
You forgot to mention, followed by a lengthy expensive legal battle that we can't afford.