Q3 2020 production AISC on gold for HOC is between $1,200 and $1,250 and HUM $1,283, for 2021 AISC CEY will be $1,150-1,250 and it will be similar for HOC and HUM so why CEY SP still really cheap with strong balance sheet with no debt, no hedging and cash and liquid assets of US$310 million.
The SP is a joke its lower than AAZ, PUR and GFM, same as SLP, then theres SRB and TSG are catching up fast. There are not alot we didn't know about since last update and no changes, now back up the SP above 130p, also the directors need to open their wallets and buy some shares to show some confidence to all PI who bought above 200p.
Lets hope theres going to be a SP rerate tomorrow, the sp is too cheap, the company got hardily any debt and a high divi, there must be a reason why its too cheap, if report is good tomorrow SP should open higher like 150p for a start.
Bitcoin is more like a pyramid scheme, with bitcoin right at the top supported by 5000 plus increasing cryptocurrencies below it, for some to get rich just create your own cryptocurrency and then pay a celebrity like elon musk to do a twitt about your cyptocurrency then money start flooding in.
Strong balance sheet, small £20m short term debt, made record profit of £310m, EPS is increasing, £831m cash at bank and in hand, £497m net increase in cashflow to support paying 11p dividend on 14th january, last month a director have bought nearly £100k worth of share between 592p and 596p, we could see sp go back to 625p resistance.
Indicators looking good, MACD is going up, mometum is increasing, RSI not oversold nor overbought, just steady SP increase and need to close that 160p gap above from october 20th which is also 200 DMA and the SP was above 200 DMA most of the time this year.