Member Info for BushyTailed

The Enterprise Value represents a more complete evaluation of a company’s size than the Market Cap as it adds the net debt to the value of the equity. It is defined as Market Cap plus Net Debt. Net Debt is calculated as Total Debt, Minority Interest and Preferred Stock minus Cash and Short Term Investments.

Hopefully Bonkers, it's nice that I'm not the only who has spotted the massive anomaly here and I'm not as they say ' Bonkers' after all lol

I added on Friday Bonkers, average of 18.8p as it stands and mightily happy with it too.

I was jesting JH, keep posting away I have nothing against them.

You are right we do have to allow them to deliver Q4, they reiterated for several months and have continued with the same assurance that they'll achieve guidance for the year. Q3 actually saw the cost of this years drilling capex leave the bank and considering Yanfolila generated 6 million dollars free cash flow out of Q3 on a 1500+ AISC shows that the only direction from here for the net cash through Q4 is upwards and significantly.

*If they meet guidance

There's a 3rd alternative and probably the most realistic. The new operations manager has been optimizing the recovery process, hence temporarily lower throughput values.

I certainly don't buy it, 12 month production report shows they've been stockpiling material. Either they want a knock out Q4 and explosive Q1 or either the mill or processor is farking knaarrckered

What will your new LSE account name be called?

If the funding RNS came out today with the Quarterly and drilling and we moved up 10% to where we are today from those 15/16p's then I imagine the mood would have been very different on here.

Nothings changed fundamentally, they've taken the foot of the gas at the plant as they're now hitting a higher grade in the mine, so they can hit full year guidance in Q4 and Kick off Q1 with a sub $1k AISC. They can't be seen to do this as it's practically cherry picking (leave a bad year behind and start the new with a bang) so it's the "blame a third party contractor."

Look at the production report. Actual tonnes mined and processed, they've actually mined a lot more than they've processed (the opposite is true for q3 2020) and a with a circa 33% improvement in grade over the last several months also.

another thing that's interesting , is the operational summary for Q£ 21 versus 20
Q3 2020
Ore mined 268k
Ore processed 352k
grade 2.77

Q3 2021
ore mined 392k
ore processed 326
grade 2.77

So the contractors have mined more material and at higher grades the problem looks to be sitting at plant level.

Sorry 15 million not 19, as we retained 4 million in gold.

Okay let's throw some skin on those bones now everyone's had their warm milk with rusks and calmed down a bit.

Yanfolila FCF for Q3 was $6.1 million US Dollars.

Net cash of minus 6million dollars means that HUM have spent circa 19 million on CAPEX in the quarter, which I assume is mostly korroussa based. Effectively one fith of project budget from cash flows without touching the loan facility.

Pretty impressive actually.

James, you're not wrong. There'll be a few peeps with sellers regret at some point for sure.

Free cash flow is the only metric that can't be manipulated. It's a sum of in versus out. Unless you think HUM is a money laundering vehicle but I don't think even your stupidity sinks that low... Does it???

I noticed them Sushi and added again, purely to take the new add back out north of 20p. Too good of an opportunity

"As things stand, it's making no money"

Back that up please, some me why they're not making money, I could do with a laugh.

Next stop 30p...Minimum!!!

Hard to buy in volume again. No quotes over £6,000

Growth slowing and prices rising.

I believe they call this particular economical phenomenon 'Stagflation'

What price?

There's an old saying...

"Watch what they do, not what they say"