Member Info for DusterMan

Excellent...revenue up 300% & gross profit up 20 times higher than same time last year...also 8 million in payments are due this year...blimey the market cap is crazy cheap it won't be too far away from cash in the bank soon...New 2022 drilling program that's fully funded ( no placings needed ) announced...and 1 more drill this year. This sp is a gift

Wow..Gas prices up nearly 8% already today & 13% yesterday..

Good RNS, anything they can add to production is a bonus ( the more the better of course ). As long as the drill pays for itself its money not wasted. They will gain lots of knowledge for the surrounding with the data received. New 2022 drilling program announced is positive. Lots of news moving forwards. Massively undervalued, can't believe its in the mid 2's. This could easily double and more from here

My very rough calculations are that HUM could have generated a 45-50m cash pile by year end.
No more bank payments for the next 2 quarters is approximately a 14m saving alone. 12.4m cash as of the last trading report for H1. With hopefully improvement in AISC costs for H2 and production with better grades they can achieve nearer 18m.
So..12.4m + 14m + 18m = aprox 45m

Don't shoot me down, just trying to help.

If that is anywhere near correct then it's very beneficial for the building of the new mine...Bank Debt plus funding from operations looks likely the way. New mine costs 90-100m

Swampmonster your right, well done with explaining. Kamei obviously your trying to justify yourself why you sold out, HUM is at big support level on the chart ..mmm could be costly.

Before free cash was 1bn now it's down to 0.7 billion?

Net debt at 30 June 2021 of c.$2.3 billion; Gearing of 2.6x net debt/EBITDAX; liquidity headroom and free cash of $0.7 billion.

Taken from rns full year results 2020. So debt hardly reduced
Net debt at year-end of c.$2.4 billion2; gearing of 3.0x2 net debt/EBITDAX; headroom and free cash of c.$1.1 billion

2.3 billion of debt, what was it on the last update?

It's always been unstable, a few jihadist and it is a few isn't the main reason. I just read the news report and it's no where near as bad as you make out

It's still going unnoticed this one....wait until news starts dropping and the pieces start falling together. The biggest potash mine in the world....wowzers

Traders already being left behind. This one is a buy and hold. Many will be buying back much higher...lol

Buying a dip because of a placing can take sometime to recover, however buying a huge dip like this due to good news and profit takers can result in a bounce back real fast...this drop is overdone, but that provides opportunities

With the gold price at these high levels, CEY is trading like its $1200 per ounce...I know there has been some I
Pit issues however such a drop is pure crazy. This must be near the bottom one would think

Well today's RNS is better, seems that's a nice deal and more money in the bank to continue the drilling programme into next year

Now the bumble bees have all sold this can start moving up :))) strong and long, like donkey Kong...

https://kingworldnews.com/bullion-banks-now-in-danger-of-being-badly-squeezed-in-paper-gold-market/

Average PM prices this year have been phenomenal for FRES. The revenues being generated are going to be mind blowing for the company. Not only that but PM prices are starting to rise again and are forecast to go much higher....Great news for FRES and the sector in general.

Is it going to be breakout Friday? Very possible now people are starting to understand where this could be heading

The beast is waking up

I wouldn't be surprised if this finished flat or even positive today. The RNS wasn't a deal breaker, in fact it could well be a deal maker :))