Member Info for BushyTailed

GGG

Dropping below 1500 now is it, was 1600 last week, what happened to that?

Let's say... "if my auntie had balls, she'd be my uncle"

Don't take Bonker's word for it, just read the balance sheet circa 180 million dollars in retained earnings from 4 years of yanfolila. All that can yours for 55 mil usd - Roll on Korroussa!

However i do feel peoples frustrations also, might be good for the HUM bod to give monthly pour updates via twitter along with regular posts about Korroussa build.

A constant feed every few days is far better than the bland data dump they unleash on twitter all in one go at the same time.

"I doubt that Corus Bank will provide them further financing for Yanfolila."

They just have you tool, tranche 2 out of 3 taken already? Not to mention that an agreement to lend is not an in principle decision pending certain caveats and requirements, it's ready done and dusted you plank

Only since September lol

"Operations have underperformed since September 2021"

How's BMR & WRES coming along you absolute weapon?

What's the betting that that q4 is 84k @ 1590 but with a caveat saying we've done circa 9k in january, with an outlook of 100k at 1250 for 2022?

There's some big producers sitting on very big cash piles at the moment, MA activity in west africa could be just the tonic for a Russian producer, namely POLY

Why is the gold price 1600 GGG?

Well aisc was 1560 for 82000 ounces by 2nd week of December...

Do you actually follow this or just troll the sp?

You see Adam, it's comments and statements like that which people think you're an absolute clueless trouser snake.

How on earth are they not making money out of Yanfolila?It paid of its debt early and is funding exploration and infill drilling across multiple jurisdictions as well as contributing to korroussa build all from exisisting cash flow.

DIM, most of the costs with building a plant is transport, labour, ground works etc etc the actual plant is all off the shelf turnkey stuff and not really that expensive compared to the sunked costs of the actual build. By the time you've stripped it, shipped it and rebuilt it, the costs saved will probably not net off the reduced effiencies incurred from wear and tear over that of a new build by that much.

I suppose you could fir in maintenance to the build schedule as it's transported in sections but then that cuts off cash flow for 12 months and then still only have 1 mine.

If yanfolila is no longer viable, which I'm not convinced that it isn't then the best thing imo would be to shut up shop and crack on with Koroussia

January2

You're forgetting that yanfolila is debt free. If the gates shut tomorrow, there's equally no costs and Koroussa is fully funding at 8% a year with the first 12 months being interest only.

So even in the worst case scenario of yanfolila going offline tomorrow. They'd need only an additional 2 million rising to 8 million over the next 18 months to bring Koroussa to production.

I fancy my chances here "Volatility and risk are not synonymous"

Much more going on here than Mali and Yanfolila. Your suggestion of further reading material for gamblers is very rudimentary

Because you have no vision and you can't count Mikie :-P

Thankfully for you I couldn't work out how to filter you as I've never had to do it before. But Netflix is down 27% over the last 3 months whilst Lloyds is up 7% over the same period.

I can see how you thought out that analogy well . Like I said before, "sell the expensive and buy the cheap." Good luck with your strategy though chez lol

Gold now up, 0.70% over the last 3.5 hours

Chez you're stupidity is giving me a headache now. I'm now going to put you filter, would you be so courteous and return the favour please?

Seriously, that's your reason for not selling expensive AIM stock?

Good luck Chez

I never said they were doing a lot better, I said they're cheaper on a PE basis and would outperform JLP as it is expensive in comparison on a PE basis

lol all of them but more specifically I mentioned SBSW, SLP & THS.