Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
So you waited until they turned it around and bought after the recovery or you was in at 20p when they almost got suspended?
You're clearly choosing to ignore the basics or just don't understand what's going on. So I'm just going to leave it, enjoy Searbi mate and good luck.
Lol Searbi fell from circa £1.50 to 20p on fraudulent accounting and cash and gold thefts.
Jammin86
Posts: 584
Price: 5.60
No Opinion
RE: SPToday 14:03
"You give hummingbird too much undue credit. they extracted pretty much no value from yanfolila despite all the promise"
And the debt used to build Yanfolila is where?
No I was replying to playboys prediction of 2p. Which would be an mcap of circa 20 million, or half the current cash at hand.
Debt or no debt, if a company has twice as much cash as the company value then it could buy itself twice over. Obviously that isn't a normal market function
*this year's schedule...
This auto correct is really taking the p155
The debt is obviously something that can be considered but reducing this year's she use to 35 million or extending by 6 months would cover the mobilisation and commissioning of 4 fleets to replace Corica.
There's no doubt they'll have a lot of work transferring Corica workers over to HUM contracts but it can certainly be done and is not beyond the capacity of the company to fix this issue, with or without Coricas influence and contributions.
Which gold producers are you following instead of HUM that are apparently free of debt, lots of cash at hand and AISC positive?
By your own comments you haven't even run a rule of DCF over them yet?
Now you're talking bowl locks jammin. free cash flow and cash at hand is exactly what you should be looking at. It's that, that gives you an idea of how well a company can manage the debt and costs.
77 million scheduled over the next 9 months or 8.5 million a month...
Deadly serious Jammin, I can both read and count despite daily anecdotal evidence to the contrary....Count with me.
As of year end.
7 mill cash
6 mill gold
Since 19th of Jan.
23 million from placing
2 million spent on Dugbe
Yanfolila Q1 based on 18k at a 300 AISC margin is 5.5 million
Add it all up and what do you have?
A move back down the 4's which is possible, will see me adding again Playboy.
Hopefully some more tit for tat, to generate the volatility
The market clearly thought 4p was ridiculous on the back of suspended mining... 2p would stick the mcap at circa 20 million whilst having 40 million at hand.
*lack of more updates
Tend to agree with that, support leaving now on the lack of my ore updates.
Get ready with the trigger finger though, there won't be much warning on the next spike
25bps cut expected
Mexico central bank expected to cut key rate, 16 of 17 analysts predict - Reuters poll
Then they can 't force you to sell them until unless they own 95%
CIG can't make a mandatory offer for the remaining shares until they hold 75% of issues capital.
The trick here is to get an average price cheaper than CIC, yesterday should have helped people loads with that
Re the hedge.
My production expectations for Q1 are 18k Yani and 5k Kor
Lol just realised what I just said ignore that 🤣🤣