Member Info for BushyTailed

Did you bother reading the cash at hand statements at all?

Well obviously if they were making money, I'd shut up about the fact that they're losing it.

What kind of bat 5h1t crazy point are you making

What happened to the End of Year price prediction competition...

Coincidentally no one bothers with it anymore because I keep winning it?

I mean look at this clown for example, he doesn't even realise that the WHOLE market is forward looking. If it's already happened then it's already priced in, it's then technical information rather than fundamental information key to predicting the future.

The fundamentals here are negative free cash flow, so down the share price will go.

"Shareswotter

Posts: 85

Price: 7.15

No Opinion

RE: Annual Earnings Estimate28 May 2023 16:48

Moneyman, it's no good asking Bushy to look at the past earnings as he has already said he doesn't believe in fundamentals that give past data. They are history to him. He is only interested in the future which is in his eyes is doom and gloom for the SP. No real logic to it. He just wants to buy at 6p."

Just look at my previous record here, it speaks volumes about the mad eyed s41t posting rampers and JLP.

There's an incredible lack of ability here when it comes to understanding metals recovery and the costs involved. Something that Leon and Colin have taken advantage off to a plum.

Do your own research, if you can't then be careful who you listen to

Just do the maths money man... No copper sales and just 18k PGM's.

Desperate crazies, hopeless romantics or paid up rampers you decide but consider this.

Just to get back to 10p JLP needs a 42% retrace, basically JLP need to add 20 million a year to cash at hand to justify that 80 million move when using a similar cash earnings ratio that the market is currently applying to SLP.

THS has 40% in it as they've turned that corner and have come out the other side with a better cash build rate.

JLP hasn't even hit the bend yet.

Was a while ago now, in one of the web casts can't remember when or which one exactly.

VAT issue done been and gone. Rebates owed where netted off from sales vat

Only one poster here has been right, proof is in the pudding chaps.

Tanking share price, falling production, missed guidance and no cash at hand.

JLP is no different to any other stock... They rally when they're making money and tank when they're losing it.

It's not hard a pattern to follow. Can't wait for the next accounts all you one eyed rampers are going to get rinsed again.

Lol at moneyman....

Anyone who can read has been selling for the last 18 months, it won't stop here.

Now accessing KE underground now at Yanfolila though swatton, that grade will be aisc positive when it starts making up the feed material.

12 months to date:

JLP down 52.99%

SLP down 9.75%

THS down 40.5%

THS adding 100 million a year to cash at hand... Production and margin could fall 30% from current levels and they'd still be banking 50 million a year to cash at hand.

THS is the pgm play at the moment, they're off the lows caused by the huge capex to expand chrome production, the fruits of which are now feeding through to the bottom line.

SLP will be fine but earnings wil be less at softer pgm prices as they don't benefit from any chrome sales.

JLP is suffering falling pgm production in a rising cost environment with no real cash at hand, if Leon doesn't surprise the market with 10k of copper and 1k of cobalt then this could easily go sub 4p a placing to dig themselves out of the copper mess would potentially wipe shareholders out at those kinda of prices.

Death spiral finance awaits them and not to far round the corner either. All imho of course, I might be wrong but I don't fancy the fanatics chances if I'm honest.

Exactly Ricky,

Over diversification is the enemy of growth.. Also who has the time and purchase power to manage over 100 companies at a time. Fund managers have whole teams to do it and they'll only charge 50bps a year.

On Buffet, his biggest advice has always been, "If you don't know enough about a company to make a call but know enough to understand that a certain industry will outperform then buy a tracker."

Another 18 months to go... Takes around 2 years to work through the aisc issues PAF currently have, most of the industry has gone through it over the last couple of years but they're all out the other side now.

Hold this and you'll lose out on record industry record EBITDA's over the next 2 years

Maybe swatton... Ramp up to name plate at Kor won't come cheap...6 months of operating costs for just 30-40k will impact the quoted aisc quite a bit

By that advice Miner, you,'d need a pot of a million quid to take 10k's worth.

That's be boring as fook

Depends what your tme horizon and exit strategy is..

What kind of PE multiple do you think you'll need for £1.70 a share?

We all know what 220k ounces at 750 AISC looks like. Net is around 80 million dollars, 60 and change for sterling.

So.. what does 60 million a year, plus assets and cash minus the debt look like with a for sale sign. Every year it isn't sold it'll be adding 50-60 million to cash at hand.

In 4 years from now (FGP) cash at hand will be 200-240 million, plus a 5 times multiple maybe if 60 million. That would be half a billion already, but wait you've got to add in the gold at hand, reserves and assets too, now you're pushing a billion.

A billion sounds pie, but just do the maths and carry it forward.

1 billion divided by 600 mill gives us roughly 1.66 a share very much almost a ten bagger from this price.

All just depends how long you wait and what the multiple is going to be.. AISC control now will deliver rapid cash build

Don't go forgetting who called 6.5p and a placing earlier this year.

Wakey wakey FRES, current trend low booked in and gone now, time to get moving back to 900