Member Info for EliasJones

Plenty of upside

"Our 2P reserves are valued at over USD 1.0 billion or £0.67 per share, demonstrating the value potential of this portfolio, and the scope for many years of growth from a total shareholder return perspective"

Very good new CEO interview with Zak

Interview: Dan Betts, CEO Hummingbird Resources

Zak Mir

https://on.soundcloud.com/YbYA7rqcy8vMWCRJ9

Really good ti see the tender offer and daily share buyback (40,000 on Friday), results due 19 March also. Could be a short squeeze brewing.

Excellent set of interims, looks like Pan African will hit the top end of the full year Gold production guidance c 190,000oz, and of course as Loots notes, Mintails will return “enormous value” when it starts production.

https://www.otcmarkets.com/financialReportViewer?id=392417

Resolute gold production guidance of 345,000/365,000oz at an AISC of $1,300/1,400/oz.

New presentation

https://www.rml.com.au/wp-content/uploads/2024/01/Q4-2023-Presentation-1.pdf

Hopefully now HUM can focus on substantially increasing production in FY24.

"Group production guidance for FY-2024 of 165,000 - 200,000 oz at an AISC below US$1,500"

https://www.londonstockexchange.com/stock/HUM/hummingbird-resources-plc/company-page

That was a really impressive H1 operational performance from Pan African with Gold production 98koz vs 92koz and AISC below guidance at $1300.

On track with the MTR Project and commissioning of Barberton’s solar PV plant.

Gold over $2,000 and with a low AISC we should be over 20p here.

New investor video presentation on African-focused gold mining company Resolute Mining, CEO Terry Holohan and CFO Chris Eger

https://www.youtube.com/watch?v=CvDhKPzNYmM

RSG well place here with such a strong gold price. Net cash positive and 1 Billion oz Gold production guidance for the next 3 years

I am sure a few US funds and investors will be looking to add a 22% dividend O&G stock to their portfolio.

Here is the link.

Way undervalued here on gold production and the uplift to come in 24.

https://www.edisongroup.com/research/valuation-up-22-2-with-new-gold-price-forecasts/33010/

Berenberg picks Pan African as one of its top 'buys' across the UK-listed gold mining sector:

"The broker also highlighted Pan African resourcesdue to weakness in the South African rand, which should be supportive to the company from a USD cost basis. The company also offers low-cost growth from the Mintails project in SA and is expected to hit operational guidance."

Resolute Mining is an off the radar gem, trading on a positive net cash position.

On gold production volumes of 330,000oz to 340,000oz and a strong gold price there is fantastic free cash being generated here.

Will be some serious divi payments down the line.

New full research note out by Edison on PAF, a very good read, you can access via Research Tree.

New presentation just out from Resolute Mining.

https://www.rml.com.au/wp-content/uploads/2023/11/RSG_Presentation_MinesMoney_November-2023.pdf%0A

Reassuring update on the gold production and MTR progress. Pathway towards c. 250,000oz Gold.

"Gold production for the half year is expected to be between 94,000oz to 98,000oz (H1 FY2023: 92,307oz), an increase of between 2% and 6%, respectively. Operations performing in line or better than anticipated"

Dividend record date to those on the register in 14 trading days time, 4.6%.

Good technical strength.

Looking at the chart Pan African Resources is now on the golden cross inflection point.

"A golden cross is a technical chart pattern indicating the potential for a major rally. The golden cross appears on a chart when a stock's short-term moving average crosses above its long-term moving average"

Clears the 16p spot and we breakout to new level.

Plenty to look forward to with this dividend (goes ex div later this month) paying gold producer over the next few years.

"Pan African advancing to quarter million ounces of gold a year, analyst calculates"

https://www.miningweekly.com/article/pan-african-advancing-to-quarter-million-ounces-of-gold-a-year-analyst-calculates-2023-09-18

Gold back above $2000 after todays non farm payroll numbers.