The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Guidance is 80-90 for Yan, not Yan and Kou. So need 11-21 to meet guidance at a Yan. Need 21 plus to beat guidance (as from memory referenced in last interview).
Personally expecting less than 20k at Yan, high (above $1650) AISC and less than 5k at Kou.
Hopefully good news on Kou to offset the above.
BB2
As regards reference to “new strategic investor” , I assume that is merely reference to the “imminent” sale of MCM from ZCCM to one of the three bidders (SIbanye, Chinese, UAE) with decision “due” later this month.
BB2
Morning Seis,
Firstly, thank you for your continued detailed contribution. Very much appreciated.
Just looking back at the 2021 MOU RNS. May ask your thoughts on how this weeks RNS ties in, if at all, with this previous RNS regarding the MOU. Just trying to piece things together and would appreciate your thoughts.
Thank you, BB2.
Northern,
I already have train booked and will be attending.
BB2
The reason that Frog has “researched” and “contributed” to the BB is that Bushy has infested the JLP BB for months now.
Basically, you reap what you sow.
Oh, and by the way, Bushy knows very little (if anything) about HUM and JLP.
BB2
Playboy,
Sure, try billyy.boyy197@gmail dot com.
BB2
Well Bushy, pretty much as I have stated for last few months ( which you continually mocked). Q3 was always going to be an issue. As I stated, the word “refinancing “ was actually used as the AGM. I can’t be bothered to read through your previous ramps but you clearly know nothing about HUM and even less about JLP.
BB2
Orr better still don’t bother with your constant guesses which are not actually that accurate.
HUM have always stated nameplate capacity in Q4 so no change. Those ramping traders who actually know very little about HUM and continually state today, tomorrow etc for RNS have created false hope, over the last few weeks, actually since early to mid August. RNS will be issued when ready, nothing changed.
BB2
Straight,
A tad unfair, there are three RNS issued in relation to that security incident.
BB2
Hi, just wanted to say thanks to all (especially Seis) for the good debate while we wait patiently. I have not posted much recently but added another 800k in the 7’s and happy to wait to be rewarded over the next few years. Good luck all genuine holders.
BB2.
Who can tell the difference between “nameplate capacity” and “commercial production” please.
Lots of guesses regarding “nameplate capacity” being reached but “commercial production” took more than a whole quarter in the Yan ramp up. On a similar timeline, “commercial production” could well be start of Q4 (which is what is actually stated by HUM).
BB2
Bushy,
I have told you before that you know nothing about JLP. Equally you know nothing about HUM.
BB2
Lucky,
If anyone else had said that you would jump on them in an instant and accuse them of deramping and trying to get in lower.
Shares go up and shares go down…
As has been pointed out to you, there is still a lot of risk involved for HUM at this present time. Hopefully, once Kou is at commercial production then some of that risk will reduce. In the interim, expect a bumpy ride (as has been pointed out to you several times).
My advice to you is to sit back and be patient. Your constant postings on here are really not healthy.
BB2.
Hi,
For anyone that did not follow HUM in the early days with Yan.
First gold was poured 19th Dec 17.
Jan gold poured 2,131.
Feb gold poured 6,742.
Mar gold poured 9,912.
Q1 gold poured 18,785, AISC not disclosed as in ramp up mode.
Commercial production declared 1st April 2018.
Q2 gold poured 33,101.
Obviously no direct relevance to Kou but thought some would find it interesting.
BB2.
Hi,
I must add that I have met Dan four or five times and have always though he was a decent guy. He has come in for a lot of criticism over recent years (partly due to his pretty high salary) especially on the other channel. Hopefully, previous mistakes (which have been admitted) will be learnt from for the benefit of us all.
BB2
Lucky,
I am not worried at all as I have a good understanding of this, unlike some. Who called production and cash just about bang on for Q2.
As Bushy, where the $20m cash pile is that he forecast for Q2?
Lucky,
But as already stated, the $31m has been received in H1 and spend in H1. The $31m is not still there (or indeed the $15m net part of it that you refer to).
Which part of that do you not understand?
Lucky,
In your own words, you are assuming H2 to break even. On that basis, where are you suggesting the funds come from to repay debt in Q3/4?
As posted earlier, I am expecting positive (lower) EBITDA which may be sufficient along with existing cash and gold to repay debt.
I have not been negative but realistic in my comments.