RE: I'm saying nothing29 Nov 2021 10:42
DIM
"HUM is now valued at circa 2x Cora, assuming zero net debt at HUM, but with a proper reserve of >1m oz, in other words is a better propsector than Cora. Yet market is discounting all that and the production units......That how misleading DB is to the market. No one trusts him. been saying it for a while, but now is embarrassing but HUM should look to merge with another small or mid sized producer on a paper deal. This is all too much for DB, he has no talent in this game and should leave"
Let's not forget that CORA is essentially the disposal of a HUM asset which funded the position they're in today.
I would imagine the plant is closed because roads might be blocked by the protesters, if you're wagons can't deliver ore then you have nothing to process. Which you'd expect to be a very short term problem.
I myself have been wondering just how many excuses could be left to bash the sp before 2022. It appears that DB betts has much more of an imagination than myself