Member Info for BushyTailed

"Green green everywhere but an ounce to smoke"

They need to start adding some serious Coringa advancement updates. Even with gold at this level this is overpriced on current production.

Debt, placing or use the pog uplift to pay as you build. Without any kind of serious news,no one knows whether they're going to build cash accurals, get diluted or expect a higher EV ratio. So not at all unreasonable to expect people to start taking their 200% gains off of the table.

Looks like it's going to test 60p. Could be a good time to start adding a 10% dividend FTSE stalwart.

Lots of green boxes here now, usually a good sign

90p coming

Support at 55p

Let it go publican, your post on the 18th March proves my point. You called the dip wrong, tried to catch a knife, lost a finger and panicked.

Let it go publican, your post on the 18th March proves my point.

"Buy when people are fearful" 🤣🤣

ThePublican777

Posted in: HUM

Posts: 1,211

Price: 7.95

No Opinion

RE: …18 Mar 2024 11:08

Tony regardless of if it’s sorted tomorrow or next week operations have not stopped and they can put the stockpile into the mill

You’re been over dramatic as you well know , this will be sorted and it’s over done now the fear , like I say it’s an easy top up for people hence why you’re here. If you knew what you were doing you’d be buying the fear but you don’t

Imagine posting everyday contrary to a nigh on 50% move upwards. Sounds like a case of bitters and not being able to let go to me.

Whilst you're busy moaning about it, you literally just kissed away 50% because you have no balls. You're meant to trash it on the way down then buy it and laugh on the way up. You seem to have it the wrong way round 🤣🤣🤣👍

I managed to Increase my core holding by 30% for gratis, absolutely zilch, nada, zero but each to their own I guess

For everyone who falls in love with a share, there's ten more who make 20% somewhere else then convince themselves they know everything about everything.

FRES and CEY funding my top ups here. Happy days

Chique & Mostyn.

Consider that HUM's update was that only Corica had down suspended mining activities and that Commercial production wouldn't be achieved in Q1.

Given they updated close to the end of the Q they must have been pretty close to commercial production before Corica walked, otherwise an update Should have come earlier.

So how close are we to commercial production actually are we?

If we have been running at 85% of commercial production then there's a lot the sellers have failed to consider, and we now know from LinkedIn posts that another contractor has scaled up over the last couple weeks too.

Playboy, that £1.40 was my ball park in an environment of repaid debt and circa 500 million shares. I do think it reasonable to half the DCF valuations online with the doubling of issuance. That said, 70p is still a fantastic journey from and I suspect even the most ardent bashers appreciate that too.

Dbh yes quite sure, just take average cost of sales from the accounts and double it, as we now have two producing mines.

That should have read 30k ounces *per Q

#Playboy.... group OPEX is roughly 20 million a month to run both mines so on a "looking forward" basis we need circa 30k ounces to break even at average pog of 2k per ounce.

They've got one month runway imo to either get Corica back or a replacement, presuming there's no grade control on The ROM pad, possibly 2 months if they have. Zimalco look like they're operating 3 fleets with bodies for 4, from their recent linked in posts. Although we have no idea whether or not Zimalco where already there or not with the single supporting fleet.

There's definitely been progress one way or another, even if HUM haven't yet updated via the NOMAD yet.

Litigation benefits no one, there'd be considerable sunked costs in pursuing a litigious resolution. Just because they have never had any instances of litigation before doesn't mean they haven't forked anyone around to get there own way before.

On the deadline, there's no market or commercial reason why Corica would update publicly on a client deadline. HUM's deadline set for Corica's return has already well and truly past and without any kind of market update.

Playboy007... I'm not really sure how you could further wrong with regards to the hedge

Average gold price for the Q, was only 2070 so well within the collar

It's called "back of f ag packet"for a reason, if you're making your decisions and emotionally investing on "internet f ag packet" calculations then the source of your disappointment is likely to be much closer to home, don't you think?

Topped up, bullish confirmation on the weekly, we about to rerate