Member Info for BushyTailed

As expected and called Froggy, learn how to read you sad sack

118 posts, it hasn:t been that busy here for a while.

"Thor is up 60% this year"

HUM is up 89% this year though lol

Also is it safe to assume that Kor was at 68% at the of June, it being the Q2 update???

Shouldn't be too far off that all important 95% run rate. They've got hit 95% for 14 consecutive days before they report name plate production so that could well be inside the second week of August

I had expected a few K out of Kor. The first 3 weeks of to up being where the elevated ASIC maybe they held it back as to not end up posting a 1400 aisc for Q2?

First gold was around 35 ounces on the 9th June and Kor now at 68% so there's a lot of gold that's been collected and not yet poured

@nicknack.... Posted in error, thought I was reading and posting on another board.

Shooting star posted on the daily

Not being able to read properly can be very expensive Jackdebs

Can we all hear about how JLP is not subject to mining risks, that's always a good story lol

It sounds like every producer you doing bat, that's why it's a scientific theory.

Gawd the rampers in here are thick

"A scientific theory is a well-substantiated explanation of some aspect of the natural world, based on a body of facts that have been repeatedly confirmed through observation and experiment. Such fact-supported theories are not "guesses" but reliable accounts of the real world."

When production falls or misses estimates it's usually because the grade is not as advertised. The operator is then forced to process a higher tonnage to try and make up for the fall in recovery yields and thus puts more pressure on fleet and machinery which leads to maintenance problems, shut downs and sometimes deaths. Thus leading to even less production and higher costs, in a self fulfilling cycle of balance sheet destruction.

Sound familiar?

That salary is now 700k a year too ha ha ha ha

"to fund hernic"

I wonder what the share issuance was back then?

Both are before my time tbh... I've only ever found Colin mumbling about it on old YouTube videos like sold confused crazy person

One thing you need to worry about here is the dollar, AAZ are entering a period of capital expenditure at a time when they're selling less.

So not only will revenue and earnings be surpressed by the lower production but value of those sales will also be less because of the dollar, whilst at the same time the cost pressures are higher in local currency terms.

It's going to take about 18 months for it to all work through the quarterlies and they'll be lots more up and down days before the trend changes, I try not to get carried away by a 5% gain on the back of 50% loss.

Patience is the key, don't try to call the bottom or the top, leave that for the next mug. If you do call the bottom and the top though, enjoy it and be mindful that it was a fluke.

Neither I sold in Jan for 116 on technicals and was waiting for 100, got in March and sold for 115 again a couple of weeks later. Was planning on doing it a third time when the Q1 dropped in April and it changed everything.

I don't hold any position but waiting for the right signal to buy again.

Wouldn't dream of shorting or using leverage here, spread and atr would kill you, inside a few days.

You'll find that Colin only harped on about building a power plant for conroast but nothing ever came of it, nor conroast for that matter.

That last line though... Don't we know it but hopefully that will change come Tuesday

Debsjack...I posted this at 64p

"Daily RSI. Massively oversold atm with a 12.5 handle so I do expect to see a little retrace as the market balances it's self out again bit I would be very cautious to buy into for the reasons set out above."

Daily RSI now at circa 23, so nigh on doubling for sake of a penny and on low volume. This will whipsaw around now on the stoch oscillator but it requires a breakout similar to the breakdown on the 3rd of July to really get the attention of buyers and traders

I did say a retrace is due, part and part of the pattern to set up bullish divergence.

If you're going to buy this then be nimble, short term resistance is the 20ma on the hourly, currently at 69 and change, call it 70 for friends.

Stop loss would be 60 , which given the spread and average true range over the previous 14 sessions is too narrow. So no, no buy entered here yet.