Member Info for Ballio

how have then even found those shares? I though we were NT pretty much constantly..

Was the order on L2 for long? Did it just pop up? Number of shares in float must be off what we think it is. Otherwise how did not see the sells to allow it. MM's probably have way more than we think.

Ballio

There are so many developments on the periphery of HUM that could have become more than a back burner at any time.

A bit of design information or procurement info on Karoussa would be nice. Just to show some work going on in the background. Confirmation of gold being flown out or some kind of info on runway benefits.

Like many have said a nice presentation update is always nice for the market to absorb and pour over.

ATB
Ballio

Matt Bohlsen who writes the monthly report over there is going to include URU in his notes this time round.

He has said that FOR NOW, URU is too small and being in SA is not great for his readership. But he will add them to the watchlist.

ATB
Ballio

Use that tool with caution though, some companies are painted as untouchable but have underlying issues. I looked into "Wirecard" as they are showing a huge dividend. The website suggests that thry are "healthy", but are currently undergoing investigation for fraud..... so just dig deeper than the surface.

Ballio.

Playing the game well there Joe! Go on!

Has anyone seen the valuation given to HUM on the research tool on that site!
I'd be a happy man if it reached half of that.

Ballio

Just looking back at when the last round of stimulus was released. Funnily enough around Aprils Fools Day.

Congress near making a decision on next round. Last one was 2trn. Next could could be bigger 2.5trn or somewhere between there and 1.5trn is the republicans get their way.

Either way the last round HELP create the boom in Gold Price from ~1550 to 2071 Dollars Oz.

TWO shots of that kind of cash or more in the same year and you gold really is going to get very dizzy up there! Who knows where it could do. If we assume a % increase rather than a $ increase a 33.6% move from the last jump we could push upto????? $2500+??

just sharing some early morning thoughts for discussion, all hopeful projections based on very little but, something to ponder.

Ballio

think im going to average in over the next few months.

Do like the look of this though in small portions to my pf...

ATB Ballio

Looks like gold has just broken its recent tracking trend. Looking at the last 7 day range if we get a similar swing up as we have had down we could very easily be trading gold over $2000 in a few days time again.

Lets wait and see.

ATB Ballio

my finger nails are getting tired holding on here. Clinging onto fundamental drivers. My biggest worry is corporate activity here, not asset value and commercial case.

Such a shame. But, i am in your camp ofd, in till the bitter end here.

GLA Ballio

GB you wanna check out the Jim Rickards and Peter Schiff 3 part video that Kitco did recently. Interesting points made.

Ballio

The production table tells the story to me in a few lines. Also reading the part about risk management for the Q to ensure continued operation. Yes at a cost, but In a mitigated way. A clever, sensible and sentisive route through what has clearly been a difficult Q for not just this company but all. I learn more and more about the struggles and limits of this kind of operation with each month.

Not the fireworks and champagne RNS that we all wanted, but right now I'll take a shakey handed brew and a brow wipe "we scraped through that one OK!". Kind of how I see Dan's response to this.

Meanwhile lots of good corporate actions underway. And for LTH's these are the things that make me happy. Behind the scenes still the machine moves forwards.

ATB Ballio

Tomorrow could be the perfect time to blow the RNS load. With gold price reaching 2000, Dans news balls could be set to pop gooey profits all over our portfolios......

I just can't help but feel for the person who is Shandy's son/daughter in law.

There is no place that person can go.

ATB Ballio

· Development of a respiratory testing panel to diagnose and distinguish between influenza A&B, RSV and COVID-19. Launch expected during September 2020 for the 2020/21 flu season in the Northern hemisphere

This excites me. I find it incredibly encouraging that the board are making real efforts to establish themselves in the space as an all round in the area of respiratory disease/infection in a world where certainty and differentiation in diagnosis really is paramount to safety and treatment. This is a real winner.

I will be adding more i think.

Ballio

https://thenextweb.com/shift/2020/07/23/heres-why-elon-musk-is-a-massive-nickel-backer-battery/

Interesting. I threw this company at Elon Musk on twitter a few months ago. He could snap this up and do with it what he wishes and more importantly how he wishes.

ATB

Still here with my 2.5k shares just patiently waiting.

Do we think that once this starts to show any real considerable sign of weakness then this is when Gold pops the afterburners on. So far gold has risen based on a global economic fundamental shift and risk adversity as a result. Currencies haven't really changed in any great way, a few percent here or there.

Not like we saw with Turkey, Greece, Ukraine etc over the past 10 years.

I know it may been seen as highly contrarian to even consider that the Dollar may be one day soon knobbled. But if you look at the USA as a business it is FUBAR'd. We all know that the world gold market is slowly coming undone (the rigging i mean) as a result of all the physical gold deliveries taking place at the moment which is great.

Without sounding too much like Jim Rickards, I think the dollar is tip toeing on thin ice currently and should the ice begin to crack gold will be largely unchecked.

I would love to know what this would do to world debt markets never mind gold price.

anyway, enough spit balling, back to work.

ATB Ballio.

Agreed.

I was explaining to a work colleague who also hold HUM.

HUM was recently an explorer. It is now a single miner producer with "another on the way". In 2 years time it will be 2 mine outfit with another on the way (Dugbe). I firmly believe that CORA will also provide suitable resources to justify a 4th standalone mine site within the next 4 years (producing gold).

Consider this rate of development from initial cashflow which is the ultimate catalyst for continued growth. In 10 years if Dan can continue to identify and partner with the right permits and exploration companies HUM could be a 6+ mine site company in 6-8 years time.

If buybacks and dividends are paid out to make people feel better this goal may be stretched.

DB has always expressed his deep passion for building an empire. I truly believe that if he and his team and prove that with the 2nd Mine site that it will be built on time and budget that his reputation as an achiever in the gold space will speak for itself and HUM (and its share price).

Lets see where he can take this. Biggest concern for me is continuing to identify new permits in a time where gold prices are high. But having cash to pay for them is at least a nice place to be.

ATB Ballio.

Not a seller.

my HL account is showing the units that i have asked for already.

Hi all,

I am new to AML, just looking at previous financial records. I do not mean to bring dark clouds, only to open up genuine discussion.

Does anyone know from an operational point of view why the return on capital employed over the past 2 years has gone from 123% which is admirable to a lowly -13%. This is all pre covid mind.

Was it a strategic decision to pump out wholesale cars to the emerging markets to widen the brands catchement? Has this strategy back fired? I cant figure out what operational decisions have led to this downturn in performance.

Apologies if i have overlooked something glaringly obvious here.

A public finance raise to "survive" seems like a scary proposition to me also especially when also drawing on the government relief schemes. I want to see a strongy reason to invest here for the long term, but until the ship begins to turn and it is noted by the market this seems a very worrying time to me.

Can anyone throw their theory as to how the new plan of stripping back and effectively reducing company scale is going to help dig out. The debt from COVID is strangling.

ATB

Ballio