Member Info for BushyTailed

Harchris... The fact that you don't understand that debt deleveraging is actually an accrual is worrying.

I posted exactly what would happen and why and four weeks in advance too. Only a fool would keep pretending that they're right.

I'm afraid as is the rule for fools, in to the green box you must go. Good luck on your journey of discover as to just how important technical and fundamental analysis actually is to your mental health as well as your wallet health.

"Focus on the cash being generated" ......

And ignore where it's being spent and for how long.

Noel. . look back at how long it took me to filter Pedro back in April, was within three posts I think.

Pedro's are two a penny on these boards, they're always wrong and suffer fantasy and social personality disorders.

Filter him and carry on making money your way. People who actually know the score appreciate that profit and loss opportunities are cyclical in nature, irrespective of some grad designs 5 years down the line.

Told ya's

I bought some RSG last week too for the first time in 2 years 350k ounces debt free 1350 AISC...

Come back when you can make a correct call harcrist.... Your latest £350 top up here today is going to get marmalised.

HUM is just one of a few I trade. I would love to trade SRB but the market is too thin. I do love a bit of FRES though, go check it out. Average silver price AISC of just 19 dollars an ounce on 100 million ounces.

That's 1 billion EBITDA at current prices with an mcap of just 2.5 billion. Don't waste your hard earned in here when there's FTSE 100 miners with more upside potential.

You're clueless, Harcrusty... you was told why it would hit 55p back in April and you cried along with your other login's

and I don't mean Kenny and it has since traded sub 56p now on two different days since then.

You was told the uncertainty adding to resistance was Coringa's funding status and now you how have it confirmed.

What I said back in April was 100% spot on the money. Feel free to revisit those posts. What's your reply going to be when 55p breaks "topped up, multi bags to be had here"

You're a disaster everywhere you go man, call it a day won't ya?

"Highway to the Danger Zone

Ride into the Danger Zone"

Not like you was warned, all profit going to Coringa.

No cash accruals for at least 2 years.

55p will fail now.

David Brent .. is that who all the green boxes are today??

Happy hearing negatives but when they keep posting the same drivel, contrary to the information available then I just green box then.

Absolutely no point in exchanging ideas with someone who doesn't read, can't or won't. You'll never learn anything purely because they don't know anything.

Get on linked in Juxta..

Internationals directly employed by Corica have returned under the step in. HUM have taken full controller of Corica's staff at Kor and their heavy assets on the ground in addition to supplementing them with supporting fleets.

Also confirmed in an RNS by hum and evidenced on socials by Corica employees, who I may add had also posted online that "HUM must pay" way back in March.

Quite the Juxta, considering thie fleets are around 5 million plus each.... Who on earth rolls over and lets you take over 20 million quids worth of kit and staff off your hands when your claims are 100% water tight?

I certainly wouldn't.

Elevated gold and the new hedge has no doubt helped and yes the picture would be very different at 1800 gold but it isn't it's 2300 and we get all of that

Genuine question Playboy... If Corica are actually compliant with a Step in clause and letting someone else control their onsite assets and staff, what does that tell you about the strength of their original claims?

Now if you take Yani Q1 AISC and gold poured, you can work out the operating costs including the cost of exploration for 80k ounces.

Now double it for Kor and you have a rough Opex profile for the yet unchanged guidance of 160k ounces and let's say average price for the whole year of 2100 now how much revenue do we have.

Add in mine capex if you want because when cash is tight, exploration and drilling is the first to be cut or not it doesn't make the slightest bit of difference in the grand scale of things, which is probably why it hasn't been cut.

Do you actually try reading anything before you post playboy?

Juxta.... If we say that costs at both Yanfolila and Kor are 100 million each then Opex would be 16.5 million a month.

2300 pog means we need to produce 7,173 ounces a month at group level to break even. Essentially Yanfolila guidance covers the groups operating liabilities with whatever that comes out of Kouroussa going against the debt.

Kor could be paid off in 12 months at current gold prices, well from when we get to commercial production anyway.

Peak what, certainly not peak share price?

They'd have to try and learn a new word then Anon and that would be too much effort

Debt is worth 18.5p a share, as the balance sheet deleverages then that 18.5p has to come back to the share price.

There's no forward cashflow at Dugbe (yet).

First gold pour at Dugbe is minimum 4 years away, if we get a silly price of £1.28 a share before Dugbe progresses to a build then I would be seeing that as an opportunity to sell, rather than buy and I would be very happy to do so too.

I wouldn't put too much faith in the simply world Street discounted cash flow calculations and here's why. .

£6.20 a share would give a market cap of almost five billion which would put hummingbird in the top half of the footsie 100. Very unlikely

In my opinion it would be much more worthwhile to use your own calculations, for example...

200,000 Oz multiplied by an ASIC margin of 800 dollars would give approx 160 million dollars. Multiply 160 million by the current reserves and mind plan of four years for an EBITDA/MCAP 640 million dollars.

Divide it 1.25 for sterling and we end up with a future discounted cashflow mcap of 512 million. Divide by the issuance of 800 million shares and we end up a share price target of 64p a share.

Imo much more realistic

Level 2 is on the bed again, another painful day for the derampers and clueless