Member Info for BushyTailed

Given the size of the lump in Dan's hands, I would say that it is grams...Roughly 25 ounces

One swallow does not make a summer.

Tears again soon

Miner, I think that initial pit design is based on a 1k aisc too, so even on a revised aisc of 1250, it's nigh on 50% improvement on the initial pit design.

20 dma failed

Looks like we're going to test the 50 at 15p, could be a good top up opportunity

He wants you to tell him why he should lol

Anyways....41p by end of the year I reckon

Given the free cashflow being generated from the historic record wide aisc spread. HUM could possibly use the extra cash from the KOR receivables to really hammer down the debt to near zero within 14 months.

Exciting times with lots of options available to them. Half a billion of assets and a discounted cashflow of 200 million a year will do that though.

VAT receivables for KOR is around 25 million, although VAT receivables are deducted from VAT liabilities. This is important to understand.

Remember, VAT is a tax on the buyer, not the seller and companies are merely tasked with the collection.

Ergo, the first 120 million or so sales from Kor will provide an additional circa 25m free cashflow, regardless of the prevailing gold price, as the receivables are netted off from the post sales liabilities.

@miner, you can't blend feed from other sources at Yanfolila as it's an SMO compliant operation.

SMO (Single Mine Origin) is exactly what it says...Gold from a single source. It's the gold version of fair trade cocoa. Wider adoption of SMO, will eventually lead to a two tier price system based on providence and traceability which lifts the commercial end users ESG profile and disrupts money laundering whilst also providing a higher level of transparency of how producers operate from an ethical standpoint.

Endeavour has also committed the Ity operation in Cote D'Ivoire to SMO and I imagine that Kor will Also operate as an SMO as will eventually Dugbe.

Q2 out first week of July, will we get 2023 reserves and resources update in a couple of weeks too. Then maybe 2023 revised guidance, probably in the region of 130k.

Looking much rosier and I now look forward to RNS drops, where as they've been a source of anxiety for far too long.

Imo it's a sum of liabilities over cash at hand, however these two polarised factors will create huge value as they move further and further away from each other.

Cash at hand will grow at an exponential rate compared to 2022 at the same time the debt will be hammered down. Every 10 million repaid is equal to circa 1.6p added back to the mcap.

If this was my personal company would I really sell it for 120 million just to pay the debt off and walk away with nothing??

Miner, even better than that... MCAP just about covers the debt.

For everything else it's a penny a share. If you can wait until the debt is paid off you are literally buying 3 gold prospects and 200k + a year for just 5 million quid or 1p a share.

Downtrend is strong and feeds through to the weekly and monthly sessions, we're looking at circa 11p before they break. Which is a huge return whether it gets to the promised land or not

8.5p was my prediction last week,

8.4p best price paid so far on a a scorching hourly RSI

That is a huge sell, there was 10 million warrants at 5p if so recall and probably the first opportunity they've had since Jan. Potentially another 7.5 million to work through, 50% profit is a huge incentive

Volume picking up Scotty, certainly not ruling out a reversal, very interesting from a techies point of view even if the hourly is now in divergence with the RSI.

Blowing past 8.5 might see me dip my toes

Dorforno playing Brewster's millions by the sounds of it then

26p by December 2022 ha ha ha tell me another Happydays

I did alright out of sibanye happydayz, as well as HOC and vod all have since fallen though it's called volatility and knowing when to sell or cut your losses.

There's no point moaning and blaming others for your losses if you don't know the first thing about technicals and fundamentals.

The first thing you need to learn is that buying costs money and selling makes money.

I'll give you another for free... Start buying FRES

It's a 200 million mcap company and you're wetting the bed over and extra 3 million dollars a year.

Congratulations that's extra revenue equal to 1.3% of the company's market value.

They have 5 bagged the chrome earnings though from a margin of 0.80 to 4% it means fark all on the grand scale of things.

Am I more clued up than a nominated broker who's paid to sell the company? Hmmmm