Member Info for BushyTailed

Notice the trolls are ignoring the fact Existing institutional are choosing to ignore the London Stock Exchange notification showing Golden prospect Metals taking SC shares in March. tut tut try and keep to facts boys, they're already been posted so will jump straight to Mali's security concerns as TBTT put's it..

Here's a link from the UK Government on Security, Safety and travel advice.
https://www.gov.uk/foreign-travel-advice/mali/safety-and-security

"Failed state" "I'm not buying yet"

You wouldn't buy when it has higher you wouldn't buy when it lower, when exactly??

Can't wait for your next market beating hypothesis

Not all and sundry TBTT just the idiots and morons like you who can't count, cant' read and make it up as they go along to pursuant to their own confirmation bias.

You talk your book thinking it makes a difference and that you're more intelligent than everyone else. It firstly makes you a c**t as you believe you're getting one up on someone, it secondly makes you a moron because it makes absolutely no difference whatsoever. You're two a penny n08 head and the sole reason why someone like me might eventually decide to start posting.

A question for retired banker...

If you don't think HUM can deliver Korroussa or Dugbe to fruition then why are you here, if you just want production weighted exposure to the price of gold then there's better choices than HUM?

It's highly unlikely that HUM would pay out 100% but it paints the most obvious picture of HUM future SP value if nothing else

Is it???

425k attributable ounces at an AISC of 1000 is $318 million per year. If we assume that spend excluding production costs will also be treble of current values then that's 36 million. Leaving HUM $282 million before tax of which will be circa $56 million

Net earnings would be circa $226,000,000 or an EPS of $0.63

Assuming a trading level of 10x earnings then thats 2.2 billion or at todays fx rates 1.58 billion gbp with a 46p dividend.

Simple maths anyone can do using observable metrics, the only assumption here is that HUM will get Korroussa and Dugbe to production.

I was going to post "This is a bonkers opportunity imo, hence why there' s a little gang trying to trick you otherwise"

I thought better off it and didn't think that I needed to bait. You're not very sophisticated TBTT

If we don't get taken out then 1.5 billion mcap for 400k ounces is £4.20 a share. An EPS of just 10 would be paying a yearly dividend that is double to today's share price.

Imagine that, buying today and in 5 years time you get paid double your money every single year just as your dividend... This is a bonkers opportunity imo.

Ian Stalker has said publicly several times that his aim is to help develop Dugbe with an AIM of selling. Whether he means sell the 50% back to HUM or bring someone else in for the wloe lot, I don't know.

Anyone guess, but I'll take a worst case scenario of £1 as it's still represents a 400% gain for me at the very minimum :-p

The bods view of scale is that Both Yanfolila and Korroussa will contribute circa 125k each.. Korrousa is fully funded in principle and ready to be fast tracked as soon as the licence is granted. Realistically looking at 12 months from licence granting to first pour.

Dugbe is a little bigger, they're targeting 350k a year but only 50% of it will be attributable to HUM... Possibly 3-4 years away from first poor.

In summary.
125k -Yan
125k-Kor
175k - dug

Total attributable ounce circa 425k per year.

Korroussa build is going to cost around 100 million with Dugbe costing approx 200 million.

Mbingo, if you consider that HUM are targeting 400k out ouf all three sites £75 million is very cheap..

CEY at 400k commands 1.5 billion and they have to share 50% of the net earnings with the government.

15 bag over the next 4-5 years

Perhaps not all of it but a bloody fair whack of it at least. The more material you move the cheaper it gets. The circuits are all off the peg turn key solutions, so there's no other proprietary processing knowledge that gives anyone an edge over everyone else.

Bigger your circuit the cheaper your productions costs ?

Maybe double down on a bigger circuit at yanfolila and truck the Korroussa material?

"Where has the money gone"

I'll answer that with a question....Where has the debt gone?

It is a crazy valuation Danny...

As cheerful noted the other other day the, the Malian government have paid 11 million for a 10% stake just in Yanfolila. That's a fair valuation of 110 millions USD or 80 Million GBP just for Yanfolila and nothing else .

Given that's where we are albeit a little softer with SC selling and a couple of disappointing AISC updates, I can't help but think that the granting of the mining licence at Korroussa will probably double the mcap here rather quickly. If we can get to circa 30p on positive gold price and improved production updates before the licence, is actually granted then we could possibly be in for a very good trip from these levels.

What a surprise, another uninformed and total nonsense pose from the usual troll donkeydropper.

Golden Prospect Precious Metals reported trebling their HUM holding whilst SC are selling.

FACT CHECK....

Published 12th April 2021
See http://www.rns-pdf.londonstockexchange.com/rns/1971V_1-2021-4-12.pdf

In the interim results
http://www.rns-pdf.londonstockexchange.com/rns/6975C_1-2020-10-20.pdf

Any day now

In fact HUM is going to be printing so much money, they'll be a name change soon to Zerox Resources.

The AISC certainly has a lot to answer for, however by the end of the year it should be back around $1,000 If gold is still circa 1750 at that point then the positive cash flow generation just from Yanfolila will cover the mcap. We know operating costs excluding cost of goods will be circa 13 million which will leave HUM with a circa gross operating profit before tax of 62 million USD per year.

And that's just for Yanfolila of which there's a circa 14 year mine life at 100k an ounce per year. The potential of the SP to be many many multiples of todays price is quite frankly staggering when you look at the potential fast tracking of Korroussa and Dugbe.

Gold miners have never made so much money. Gold isn't just cheap we're in a world of higher for longer gold prices thanks to negative real rates. Even at these gold prices HUM is a cash printing machine

To get another couple of K which

Cmon

Yes they would have been, as debt is paid off with free cash flow, it decreases the creditors balance and increases the net cash balance. As there's.... wait for it, less debt.

You can't spend cash on reducing debt them ignore the other half of the equation ;-P