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Rampers are clearly exiting
Brave to buy here
Gold is dropping again right now and currently $1,980. Sellers keep appearing in gold around $2,000
Not good news when grades are declining this quarter and production drops notably next year
Totally agree
Bod should be resigning, farce that they take salaries. Delivered absolutely ZERO
Wouldn’t be surprised if they delisted soon, not worth spending the yearly listing fees
So stop ramping
Imo
Retest of $30k by looks of it
How things have changed here. Years ago it was 1 post every 30 seconds, I’m the first Today
It’s a sell the rise before they downgrade expectations again
Follow the action and you will see what I mean
In English please?
You also the one buying these tiny amounts trying to create interest here lol
Management are well dodgy as are it’s trading tactics
This will be back down again before you know it
You have already been told to forget about any extension to lift of mine. That’s the mid/long term gone.
The short term is downgraded by production declines, significant drops in grade, huge tax hikes.
The rampers here should stop their ramping
It’ll be 30s next week I’m afraid
Markets are crap and sentiment is shattered here
When you realise you could lose another 50% in short order (and especially with Monday looking like another red day in market) you’ll grasp why people are selling
By looks of it
Wonder who Peel Hunt are buying for? They’ve done 149m volume.
For context, they only did 5m yesterday.
There were clearly a lot on the sidelines waiting for an update like this
Rsp showing you can’t buy much here but MMs are really bidding up
That’s because they know market now wants the stock again
I cut my short as soon as I saw the update. Good return and should have been more.
Few shorts are going to take the risks now after that rns so yes you should see some upwards pressure building. In aim if you can eliminate the shorts you are off. That just happened
Not good, grim read.
Production collapses and so has cash. Funny how they don’t declare their overall monster net debt isn’t it. Risk here is production runs out before the debt is paid. Can’t see anything for shareholders. Amazing it’s still listed!
So let’s look at it closer then and intrigued to know why the rampers on here are not highlighting this for example??
Hannam have operating profit collapsing from $59.1m this year to $32.7m next year. That is major and is materially different to 2023. We will start with that rampers and go on. Please do not keep suggesting that the cashflows are going to coming because they simply are not. Evaporating cashflows are what they are abs when rns’d you watch the stampede for the exit here. Don’t be fooled by the rampers on here who only ever give you the one angle