Member Info for BushyTailed

This one posted 6 days ago and reposted yesterday...

https://www.linkedin.com/feed/update/urn:li:activity:7171144389497479168?updateEntityUrn=urn%3Ali%3Afs_feedUpdate%3A%28V2%2Curn%3Ali%3Aactivity%3A7171144389497479168%29

This one posted days ago.

https://www.linkedin.com/posts/vafing-camara-1bab90104_un-1-surintendant-de-la-chaine-dapprovisionnement-activity-7171785522783080448-Oih_?utm_source=share&utm_medium=member_android

This one was posted in the last hour as we're discussing it....

https://www.linkedin.com/posts/sekou-conde-119a9b235_%3F%3F%3F%3F%3F%3F-%3F%3F%3F%3F%3F%3F%3F-kouroussa-activity-7173373960867274753-4Ocy?utm_source=share&utm_medium=member_android

Why not just get on linkedin and follow it yourself...There's more to processing metals than mere excavating.

Recruitment issues are documented dating back to the protests as the excavators moved in early last year. Recruitment issues have been a big contributory factor towards the delays we've encountered at Kor.

It's something that might need to be brought up at the next Q&A...Take the protests for not hiring locally and just get staffed quickly

One thing to note is that HUM are still having recruitment issues..

Follow key words such as HUM hummingbird resources and Kouroussa Gold Mine on. Linked in and you'll see recruitment activity in the form of job role adverts and locals posting pictures on their start dates.

4 times EBITDA minus debt valuation at this price is 43p a share.

The closer we get to Q1 update without negative news and a revision of guidance, the closer we get to positive news of commercial production at Kor.

This is now a 'when' rather than an 'if'

BushyTailed

Posts: 4,154

Price: 10.90

No Opinion

RE: Gold/dollar/HUM news8 Mar 2024 09:46

I note you bought at circa 10p because gold was flying ..

This isn't really the instrument for that imho fella .. you might be better off with a bigger producer or a leveraged ETF.

Spread here is too big and priced on the balance sheet and possibility of news and a step change in fundamentals. 10% day trading here is similar to collecting pennies beneath a steam roller.

Good luck but theres more efficient and safer ways to trade gold volatility

12p paid

UT at full ask, higher inbound again

A bit of dollar consolidation today in advance of tomorrow's inflation data perhaps

I wonder how much of that 25 year licence is left?

Low end guidance highest AISC guidance and HUM"s 2024 EBITDA would stand at circa 115 million at these prices.

A whisker away from 2200 and ounce

2500 in a month seems a little wild imo

I note you bought at circa 10p because gold was flying ..

This isn't really the instrument for that imho fella .. you might be better off with a bigger producer or a leveraged ETF.

Spread here is too big and priced on the balance sheet and possibility of news and a step change in fundamentals. 10% day trading here is similar to collecting pennies beneath a steam roller.

Good luck but theres more efficient and safer ways to trade gold volatility

UT at 11.95

Closed at 15c in the US this evening or 12p in real money

The US is causing all the inflation, as soon as they pivot costs come down for everyone else.

Found a bid in to the close... Back to 500 tomorrow

30p by Q3 if we get good Q1 update on kor