RE: Not posted here before ,went back to first post on here by me 30/10/1415 Nov 2023 17:22
It's the same DCF calculation ruled over JLP.
HUM are 4 benches deep now at the new mine, this is where the decent grade upwards of 10g per tonne is and should now be hitting the ROM pad.
The market is wating for this confirmation in the Q4 update. If they're hitting those grades, that debt is paid off in 2 years. If they're not then they'll be in trouble but that's the gamble.
Coincidentally, I am now fully out of here now 16.7 average sell price for an average close out price of 5.2p
275% trading profit, not bad for 2 years of pointing out the obvious and it's all getting rolled up into HUM. It's easy peasy when you know how.