Member Info for BushyTailed

Stillwater was down 5%

How's SRB working out Adam?

Lol

"Watch what they do, not what they say"

Is it top of the market, are tech and other equities massively over valued for no other reason than meme sharing on twitter. Perhaps Elon really is just doing whatever people on twitter say he should do, as protest to regulators and politician's tax proposals

Remember what Hienz used to say?

"The best comes to those who wait"

Sell up your imaginary holding and move along then

Re Panda....

RE: RNSToday 08:35
Starting to suspect it's being groomed for a cheap takeover or will be taken privately.
If Yanfolila was operating normally, the market cap should be around 3 to 4 times the current level given a low cost second mine has been financed plus 50% of a very large project taken to DFS...

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I've said this before, in the event of a pre-arranged sale with preconditions of project readiness. The bods success will be a multiple of how low they can take it down, over the in situ sale price.

If you're looking to time the market, i reckon there's more viable candidates than HUM. If however you think that a 380k ounce producer is still going to be valued at 57million then it's also not a hold never mind an add.

Paying dividends from debt on record low rates isn't hurting POLY. When the debt taps are turned off, they'll have a huge cash pile to fund the divi rate from and a pile of easily manageable debt that is getting eroded by inflation over the inflation hedge of the product they produce.

Funding both capex and divi from net cash and fcf could be foolish if higher average gold prices aren't maintained through 2022 & 23.

That said, if they are maintained then the argument id very different and we'll be praising the balls of this BOD. I think it would be helpful if they where honest enough to make public their call on gold, it would certainly go along way to justify why no debt is being used.

But it isn't the end of the tax year....

We need this operational ramp up RNS, how long do we think a ramp up back to full capacity should take here from zero?

lol

Each to there own I suppose, he just reminds of a more awkward version of Alan Partridge. I'm sure he's a nice enough fella but he just can't hold my attention, which is probably more on me.

God that Andy Maguire is awful

Pestilence

it was a 4k buy and a 4k sell

It seemed the quote was the wrong way round.

I was able to buy at 15.4 and sell at 15.6. Made 4p and 200 free shares :-P

Happy days

It's transitory lol

What makes me laugh is that they're all looking at Turkey and saying that's what you get for lowering interests rates and printing cash in an inflationary environment lol

Glass houses and such

Anon makes a very salient point.

To determine the the true value of cash and economy. You need to look at how easy it is to borrow and what that borrowing gets spent on. The borrowing of cash to spend on financials has always been the harbinger of all crashes. Equally so that many financial institutions and strategies consider the retail participation rate in the markets they're themselves are invested.

If you want to sell, you need someone to sell too, very basic stuff. Google what the current rate of retail participation is, versus historic levels. It will make your eyes pop.

Here's how inflation works and why gold benefits so much...

You're selling ounces of gold for let's says 1800 dollars. Now i want gold and coincidentally I have 1800 dollars too but i want two ounces rather than the one. So If i stick my dollars on the xerox and hit print, are you still selling them for 1800 dollars an ounce and happy to take my new 'still warm from the printer' 3,600 dollars.

A) You need to adjust historic prices for inflation
B) Real Yields, consider what central banks rates where, when they reversed and where they are now.