Member Info for BushyTailed

You really need to pay more attention, I have made several calls both sell and buy here, whilst you have done nothing but read everything wrong and troll.

You must absolutely love losing money🤡

The question is Moneyman, why are you still at after being so spectacularly wrong. Are you being paid to be here or just desperate?

Both maybe?

Cmon fres .. get back above 600 and poke MS in the eye

Down it goes.... Timber!

JLP investors..."The company has loads of cash and is coining it in"

Also JLP holders...."Yeah, we got 13 million from being diluted, that's well needed to 10 bag"

🤣🤣🤣

Not as early as you moneyman, you still haven't got your head around those times zones I see

HUMRF at 11p

I didn't as wasn't brave enough to top up, almost hit my capitulation point before rebounding a bit.

Is that the bottom, wants to be or I'll build that wall myself.

Lol ray, sorry fat thumbs, tired eyes and a really poor autocorrect.

* Range up untill the financials in March 🤣👍

Possibly Cygnus.

But that's my point, the sheer amount of processing capacity needed to deliver 50k tonnes is far beyond the reach of JLP and the recent bucket out of the window job.

Mad how some here think an over subscription at a discount is a good thing. Behaving like they're won the world cup after losing 70% of their hard earned and then diluted on top of it.

The reality here is far from what some people here are shouting about. Pump and dump as someone more learned might say

Still a strong sell anywhere near 7p let's see if I'm lucky AGAIN

Well the fx situation is only going to get worse but that should be supportive for precious metals. I don't really see the week dollar being a bear case...

Average silver price for the year has been about 22.50

For farks sake.

What a torrid hold this has been.

If you're smart, you'll remember what I said about the range up tile the fins in March.

Daily still in a downtrend and the hourly is now in bearish divergence.

Each cubic metre of ore processed weighs About a tonne give or take depending how dry it is.

Google it

Let's add some balance that claim .

50k tonnes a year at 1.5 g/t means you have to process 3 million tonnes of material per annum.

Average industry build costs is circa $140 million for the 1 mill of capacity and then 100 mill per addition 1 mill.

You're dreaming again Mikisunday

One thing for sure so far though is that HUM haven't released enough information to assist existing shareholders in making an informed decision.

Stand by for significant news and updates between now and the vote.

It isn't a known yet albeit I would put substantial money on CIG knowing what the price is. Not really sure about how that fits in with treating all shareholders fairly sits but that's a different conversation that people should let the bod know about

That said there is some detail to consider and the first beling the difference between a collar and a hedge this first and most important point is that a collar is made up of two options contracts a put and simultaneous call. Whilst both a hedge and a collar limit upside price leverage, a collar is typically used when you have outsized unrealised gains.

Given the size of the contract, circa 70% of yanfolila production, it doesn't sound as if that would be a significant unrealised gain. So this could be our first queue that Kor is close to commercial production. As we know they've not been pouring at Kor but that doesn't mean they don't have concentrate. If they did then this could explain the significant unrealised gain, given that costs for this unrealised gain have already been booked.

Add to that CIG's willingness to pay a market premium, on the same basis of existing shareholders and it all starts to make sense imo.

As always DYOR

Happydays43

Posted in: JLP

Posts: 665

Price: 6.80

No Opinion

RE: So we have a 5.5p placing WTFToday 07:44

Well we about to witness a 20 percent drop in share price today!! Well done Leon!!

Happydays43

Posted in: JLP

Posts: 665

Price: 6.80

No Opinion

RE: DisgustedToday 07:37

I can not for the life of me understand why they going to the market for 10 Mil!! This shows you they don't give a rats ars.. about share holder value. Where's that loan facility they had on standby that he spoke about last year. What a kick in the nuts

Unlike you shareswotter and the rest of the ramping mugs...I can call the price here before it happens and position accordingly.

Or you could just hold indefinitely and ramp from 22p, whichever works out more profitable for your skill Set I guess. 🤷