Member Info for BushyTailed

Ooops....I'll just place those here lol

"BushyTailed

Posts: 2,389

Price: 106.50

No Opinion

RE: Share Price18 Apr 2023 09:22

That is a very long winded way of saying capex is up and production is down.

Cash is the only thing that matters, the less of it there is and higher the costs the more likely dilution is.

Debt revolver will kill anyone paying more than a £1, I reckon this is going to 60p but we'll see."

You'll see, enjoy the ride

Just a few days now lol

Dividend is obviously getting cut, sub 60 looks a possibility now

Wake me up when it's over 80

Had enough of that now

Some more post weekend, wholesale moderating I see.

Obviously all is well after all lolz

Whoop whoop

Lots of positives for the mining sector in that article, I didn't see at as an over reaching government grab at all.

10% plus a community 5% is aligned more with Guinea and is still considerably more favourable compared to a lot of other mining jurisdictions.

Also the right to buy 20% could potentially be a real boon for any project that is transitioning from explorer to post DFS. Potentially good news for Cora too, quicker they sort out this new legislation the quicker they'll get back to granting licences again.

I've seen loads of potential assets take a company down, because of funding issues post DFS. A willing partner for 20% at the right time can often be the difference of failing and succeeding. Look no further than Koroussa as recent evidence of that. Not only did Cassidy gold fail with it but it nearly took HUM out with a little help from Yanfolila not playing ball, enter CIG to save the day.

SP is in serious trouble here. Wait for the turn rather than guessing the bottom.

Edit

To include AMC and GGP too

I think London South East is not considering just how many screen shots I have of boards (before and after) their wholesale moderating of negative comments about companies with no cash and huge stock overhangs.

All to eventually be sent to the FCA.

BMN

WRES

BMR

SOLG

JLP

ROCK

just a few I've been collecting that have all cost innocent people thousands upon thousands.

Purchase power is about people... So long as the global populations continues to advance, the more central banks can continue to print.

You see the more trade there is between countries with a growing population the more that country needs to hold foreign reserves, thus taking the currency out of supply and held on deposit allowing the primary issue to print without further inflating the economy.

Hence why aging populations of developed economies are a problem. They spend more, earn less and don't reproduce.

£1 representing a circa 600 mil mcap.

200k on 1250 aisc is a circa 140 million EBITDA roughly 113m sterling. So that's a rough EBITDA multiple of 5.2

NET earnings on that would be circa 60 million, or a PE multiple of ten. Very possible within a couple of years of 200k plus.

But what about to the Wagner sanctions Gold Investor?

Lolz

Perhaps it's experience Jonah

Pasofino up 23% today

My bad should have wrote 16:37

"Let's throw in a late print and panic people into selling first thing tomorrow"

Lol at 16.37

Dorforno relying to posts he's apparently filtered, what a melt.

Good day for everyone but JLP today. That should tell you everything you need to know about JLP's current cash potential.