Member Info for BushyTailed

Consider this. Without a buyer, there is no selling. The price is merely determined by who is more desperate.

Fundamentals haven't changed.

Better comparison is RSG, also weak the last several sessions

France has proved themselves ineffective on the international stage for the 3rd time in 100 years. From Africa, Brexit, submarines and regional strategical partners.

Macron has dropped more balls than a one armed, blindfolded juggler

Swatton, i just did a quick google and came across this article from vox...

"The costs were driven by relatively low planned quarterly production and mill grades, a high strip ratio as it accesses the Komana West ore body in particular, and sustaining capex being weighted to first half of the year, including the tailings storage facility ('TSF') dam lift. "

https://www.**********.co.uk/articles/hummingbird-resources-expects-production-to-pick-up-in-2q21--5d807ed/

Swatton, i just did a quick google and came across this article from vox...

"The costs were driven by relatively low planned quarterly production and mill grades, a high strip ratio as it accesses the Komana West ore body in particular, and sustaining capex being weighted to first half of the year, including the tailings storage facility ('TSF') dam lift. "

https://www.**********.co.uk/articles/hummingbird-resources-expects-production-to-pick-up-in-2q21--5d807ed/

Swattin.

The AISC will drop away as we're not spending money to mine, only to then send it to storage... AiSC can also be impacted by how they are choosing to sort the ore. For instance, if they are sorting the material further down the processing chain than just freshly mined ore then this would also impact available production capacity of the plant.

Imo this is why production and lower costs are weighted towards the second half of 2021

Blockchain will be massive in some way we don't yet know but that's a million miles away from decentralised tokens of speculation such as Bitcoin etc etc. That said metals are the true inflation hedge.

Google long term trends for copper to gold ratio from 1971 and then look at the copper/dollar chart for the same period.

Hi swatton.

Firstly they're a downstream storage solution and can be used in a variety of different ways, post ore mining.

Yes, they're one off purchase but like all storage devices they eventually run out of capacity.

HUM's storage dam purchase was the purpose of tighter grade control, to mitigate the effects of mining risks, similar to those they suffered in 2020. Since these dam's have been installed HUM has been mining twice as much material as what's being processed, which partly accounts for the high AISC at the start of 2021. For every tonne of ore processed, 1 tonne has been going to the storage facilities. The idea being is that you get a more accurate measure of grade, which can be drawn upon when needed. As the dams near capacity the AISC will drop away like a stone and should then be a lot less volatile than it has been historically.

New tailings storage dams, if i was to take a guess

Sustainable Capital

What a surprise all the trolls happen to also be right wing nuts quoting RT.

Absolutely clueless

HUM has been one of my stand out performers this week. PM producers getting battered left right and center at the moment, terrible week,

I was meant to say "2% grade would take a 1 tonne per hour plant, 16 hours to process 16 tonnes of ore in order to produce 1 oz of gold."

Essentially it's a processing volume game, the more you process the cheaper it gets. I might be wrong but so far clues for Dugbe are that the grade isn't s good as everyone might have first thought but the mineral resource area is going to be much bigger than first thought.

I'm looking forward to the DFS delivery

Imagine a giant sandwich cut in half, the the interval depth is how much filling their is between the two pieces of bread. The "from" measurement is distance from the surface upper slice of bread and the "to" measurement is the distance from the top of the filling to the next piece of bread. The grade is dependent on the processing capability. If you have 1 tonne per hour plant and 2 gram per tonne grade then you're going to have to dig out and process 16 tonnes to make 1 ounce of gold.

Obviously you need to know how big your sandwich is so you can calculate how much gold you have, so that is where further drilling will come into play. Essentially drilling holes get a visual representation of where the gold travels. A good example of how this is done is to have a game of minesweeper on your pc.

Doesn't that just mean, it's easier to buy than sell?

DIM you're an absolute fantasist, with an equally appropriate name. Can't think of a single post you've made that's either relevant, factual or just not simply ******ed.

We've been rumbled.

Yes it's a deliberate spelling.

That's cool

I'm sure others have noticed too, you're not very vocal when it's shifts up 10% maybe all these long standing issues you apparently have are episodic in nature perhaps.

Respect isn't a right, it's earned. I just happen to see you for what you're that's all and I have zero problems in pointing it out.

If you wan't to know why the SP isn't reflective of the asset then take a look in the mirror. Either you're idiocy is sell fulling or you're a bit of pump and dump snide, why would I have respect for any that?