Member Info for BushyTailed

True Jammin but let say they can't generate the cash to both pay down the debt and develop the assets further.

Last placing was at 6.5p this one at 11.25p so then what's the next placing price??

There is a trend there and for the moment it's only going one way 😁👍

Personally think you've made a mistake there Shaun but good luck.

Available free float post this placing will be less than pre Kor acquisition.

Availability or lack there of will send this higher than any DCF calculation can

Bpat sums it up quite well.

The update can't come before the RNS Jammin so jury's still out for me... Ps. We're still well inside the range of the latest trending triangle valid since 3rd week of November, so not worried on a technical front yet.

FRES CEY and SHG are my others... I get today's disappointment Jammin honestly but don't discount what I was saying about the 60k and the free float position following the placing. The availability of shares or lack there off is what will cause this to spike with the right wind behind it.

We really need to see what this 30m will be used for.. Is it really strategic or is it way of passing debt onto the shareholder?

There'll be a few more RNS released before this is voted on that's for sure.

Good luck Jammin, post anytime btw. You don't have to hold to be interested.

You need to look at how much they're forward selling over how long. 60k over 3 quarters including the wet season.

If there's no gold at Kor then they'll fail to meet the commitment. Or there is gold at Kor???

Jammin 60k locked in... They're hitting the gold

No one knows yet sideshow but 3 quarters of 2024 takes us to the October 2024 contract which is currently prices at 2124.

Because it's buy volume and it dwarfs the sells.

Volume comes before price and never ever the other way round

Jammin, yes and no .. on a relative EPs basis yes because there's more shares in issue however from a share register view it depends how sticky CIG intend to be. With 800 million in issue and 45% being held by one holder the actual free float of shares is less than it was before we acquired Kouroussa.

Bonkers is right, look at the 30 min and note where all the volume is

The placing doesn't effect the debt situation you still have to make the repayments, and a collar at 60k certainly demonstrates what they expect in the first 3 quarters at group level.

The placing doesn't effect the debt situation you still have to or the repayments, and a collar at 60k certainly demonstrates what they expect in the first 3 quarters at group level.

What this 30 million is going to be used for is key and I'm sure will find out soon enough

007 is correct, the artisanal issue was referenced in the post Q3 update webcast.

1 times price to revenue at 200k production will do me Jammin.

400 million over 600 million for circa 66p

I think 200 million earnings will be a bit of a stretch tbh.... 200k at 2k would be 400m revenue with a 50% net margin.

If everything's going well then you can expect 15, maybe 20% max net margin or circa 80 million and change.

Given that 2024 debt payments are scheduled to be 77m it looks like Dan and team are expecting the upper end of that 15-20% range.

AISC is dependant on grade and BCM's mined and processed.

If your grade is double you can get away with processing only half the rate of material.

No it doesn't...

You need steady state production first before you can hedge

True words jammin