Member Info for Ballio

HIPPO is not good. Years and years of director dilution at a huge profit prior to the years of dividend paying that may or may now occur. So we are having our future dividends dialled back. Yet having helped fund the company to operation that means nothing.

I love the note about how the scheme is far as legality is concerned with respect to shareholders. Yes it's legal, but it's far from cool.

Get on with increasing shareholder value now please, by whatever means.

Apologies for the ranty post.

Still a LTH, but every time these are issued it stings.

Ballio

Regardless of actual corporate development i think the biggest driver for this will be human functions.

Over the coming weeks if China is found to have hugely under reported and or covered up substantial numbers of cases.

OR, if the spread continues into more transparent and honest countries and the impact is worse than was reported by China then genuine levels of fear and concern will be the driving force.

This share is very interesting and as many have said, this is just the beginning. It is a small enterprise in terms of value and share capital, or was....

The value of the company is still hugely in flux until both the corporate actions are addressed and all approvals are provided and the world outside the company shows the real/honest scale for the demand. Only then will any of us be able to predict a SP of £5, £10 whatever people want to throw out there.

But until then, lets enjoy the froth and ride the wave. We wont be hitting shore for a long time yet!

Ballio

No one seems to be considering that Novacyt is small beer for a big pharma company to snap up, even at many times the current market cap. We might see a fast move from a big partner willing to pay a premium for rights to this.

Two rich people dropping picket change into a company is a nice gesture. Not sure it will add much confidence to the market. But it is good to see none the less.

Ballio

Looks like the next short term low ebb in the gold chart is going to be high. Trend looks pretty strong. Then a kick on to 1600 by next week I reckon with BOE rate cut today, Coronavirus and the general meltdown of modern civilization.

Think happy though everyone.

Ballio

A cool 300+m shares taken at this price range. They see the value for sure.

I'm not expecting but hoping for a special Father Zorbas good boy Dividend payment to make my Christmas and 2019 a jolly one.

Ballio

Its now teetering on dropping below 65k T, with the steepness of the graph in the past 6 months this cannot be sustained without considerable market reaction.

Either supply or pricing, something has to give. And when the JORC compliant asset is revalued, i imagine he will want the price to be in its best shape to woo the markets with his asset value and pull in investors?? PUMPY environemtns are what he likes, more froth than a Little Chef milkshake.

I must admit, i cannot wait to see where inventory and price are in 6 months time. A perfect storm i see.

Maybe JZ is holding out until the demand side of the market is literally suffocating before he starts the bidding again??

Ballio.

I am not happy with my own investments performance here, but for new investors. The value case here is incredibly good.

I am now starting to feel a bit of frustration with BOD corporate actions. But I am still a fan of the companies operational performance.

Either way, time will tell. I will continue to sit and wait for value to show itself and remain emotionally detached.

Stay calm all.

Ballio

not cool given the state of play. You would smooth out what feels like a PI dig with some news at least!

Hopefully it will sharpen him up to recuperate money here.

https://seekingalpha.com/article/4303698-amur-minerals-garibaldi-resources-2-mining-juniors-benefit-nickel-boom-lme-inventories-fall

Look at the map of projects expected to be in production by 2025. The uru company logo is present. I couldn't see any other mention. I made the author of this monthly update aware of URU some 9 months ago. He obviously listened.

ATB URU'ers.
Ballio

https://beincrypto.com/federal-reserve-creates-162-billion-in-days-more-than-entire-bitcoin-market-cap/

Fed pumps billions into market, if this continues, gold is only going one way.

I am in this now. And i still believe in the business. Just such a shame that Financing is largely outside of the companies control.

I wont be selling a share until CF says that this is not happening. Until then there is still a chance that this will come good. And my investment strategy was always 10 years + for this share.

I am optimistic about the option available to the company to optimize the cost plan and reduce the debt burden required.

There is alot going on at the moment and with Thomas Cook not being supported and non investing type of public asking questions about SXX as it recently made the news, i think that there will be a case for SOME support from HMG. I just dont think it will be everything we hoped for.

A strategic partner for me will kill this, as will dilution to the extent of full funding.

CF knows that the road has MANY junction and options, what he needs is a few months to gauge which is best and start to press those avenues for a suitable deal.

I will not be selling up until that process has completed itself. There is still the chance of a pure debt financing arrangement here, it just needs working out.

I am no way rainbow chasing, i also full understand that the whooshing sound of the flush of a toilet may be in our ears in less than 6 months....

Keep your minds open and dont listen to biased information, or uneducated scared people.

ATB Ballio.

Further shutdowns on mining of top grade nickel ore, but from the Phillipines this time. 4 mining sites stopping output.

Squeeeeeeeeze that price and demand up!

Ballio

I don't currently see any real causes for concern with Gold Price dropping to sub 1500.

Infact it's probably a good thing, to get settled well and truly in the range.

Still positive for $1600 before Christmas, but tbh $1500 is still a fantastic result for HUM and our investments.

Don't get too greedy everyone, stay humble.

Ballio

IMHO

Ballio

Just glad that the officials are entertaining it as a prospect finally.

To me this is also a mark of validation.

To what extent is yet to be proved, but validation none the less.
So i will continue with my hopes that we arrive at a point where we can sell this asset and walk away from JZ with smiles.

Ballio

I am still really struggling to see the attraction of buying Cora. Buying individual assets from them maybe yes. Signing royalty agreements for access to proven assets, yes.. But an outright buy seems like an over burdening of HUM for no reason.
I suppose we will see. But my preference as stated before is almost an ore TORP situation from local assets.
Processed at Yanfolila to guarantee 100% plant throughput and provide a bit of a ore stockpile insurance policy for 365 days a year full tilt processing.

Aimho.

Regards Ballio

Looking forward to being invited to the Golden Bull Mansion for drinks.