Member Info for BushyTailed

You have Teo who doesn't understand the difference between processed and mined and then you have Sham how doesn't understand what a placing is even though he thinks they'll be one. It's just too much of a small market to attract two completely different morons with no clue who seem to take in turns to post

Both filtered

I've posted why about 6 times you thick cn ut

if it's an open market purchase, how do hum get the money. you thick ****😂😂

Brush up on M&A rules Teo, I've posted them enough today

Sham, a placing may or may not be required let's at least agree that it is an unknown until it isn't?

But let's also consider that a placing will also be at no less than 8.5p and would also dilute the EPS ratio of Coris' enlarged holding.

A placing on a 50m MCAP for a company with half a billion Book value and a NPV share of 600 million in Dugbe that is majority owned by the principle lender is not imo a smart move for either party.

The proof will be in whether or not Coris agree in the coming days whether HUM's forecasts of the next 6 months carry any weight.

Do you not think that he understands what 'average' means either then 😂

You're too kind Bpat... Unfortunately, every time I've crossed paths with him on LSE, he's had a canny habbit of posting nonsense and being on the wrong side.

I'm just keen to see if his form holds up or not 😂

Kor will do 25k in Q3 just an opinion of course 😂

Fills one with loads of confidence that he knows what he is talking about, doesn't it Bpat? 😂😂😂

We discovered today Teo, that you don't understand the difference between 'mined & processed'

You telling people to read is bit like America telling other countries to show restraint.

The more I read your list of facts tornado, the more they jump out as bull5hit

AISC will be around 1,100 for H2 at Kor pursuant to my worked examples using HUM post period figures. Then you need to add in the cost of 12k for entirety of H1 which pushes the FY AISC out to 1400ish

Also tornado corporation tax, is a tax on net profits after all other deductions have been made. I feel like you've made it sound more like a profit share and it really isn't.

For example the UK rate of corporation tax is 25% but if you genuinely think the UK coffers get a quarter of the profits from companies such as Amazon, Starbucks etc etc then you're going to be very surprised. Corporation tax doesn't work how you've described it

VAT is by far the largest contributor of revenue to the government coffers and that runs at 20% of revenue.

Guinea. However that's a tax on the buyer and not the seller.

Tornado... Collar is 2150 to 2350. You may be referring to the original collar that was closed out and replaced with the new one at the end of Q1.

Outstanding ounces where 40k at the end of July

A few typos and predictive text errors, owing to heat fat thumbs but the gust is there if you stick with it 😜😂

Well we've already established that Coris would have to pay a minimum of 8.5p a share, 50% premium over the existing price so they may well think that short term high interest cash revolver on forward cash flow assumption is the better option.

So we need to look at what's been happening in July. Rainy season has started and we hit a record of 30k BCM'S per day in July however it looks like this has dropped back to 22k per day because of the rainy season. Just on 22k BCM'S mined material has jumped from 1.2m BCM's to 2m and giving we know that the grade mined is now at least 2.6g and the max processing capacity is circa 100k per tonne at based on design capacity, we're now adding twice as much material to the rom pad than what we can actually process.

This means that all the marginal surface material is no longer the main feed source.

At 2.64g per tonne and 100k tonnes processed per month, Kouroussa is either already producg or will be very soon, at a rate of 25k ounces a quarter, which is also about right if you has reiterated guidance of 70k ounces for the year.

All unhedged of course so at 2400k ounces we can expect Q3 at Kor to bring in cash flows of 60 million over cash costs of circa 25 million.....plus Yanfolila

😂😜🚀🚀🚀

You said it sham 🤡🤡🤡

Teo... Still doesn't know the difference between mined and processes and sham still doesn't understand cashflow and cash burn.

Sham... Cash burn for H2 excluding debt covenants is 16.6m a month

Sham, your argument is lack of cash or access to cash but you won't even attempt to guess at what the cash burn rate is going forward from the end of Q2

I'd go back and read them again

Guidance for 2024 was originally 165k ounces 😂😂😂🤡🤡

What do reckon the cash burn is per month Sham, as that 0.4m was 6 weeks ago?

😂😂🤡🤡