Member Info for jammin86

Thanks for the reply!

I'm with H&L and cannot see a voting button. Is it only accessible via the desktop site and not the app?

I've sold most but retained some in case there's a no vote and this thing has life.

Lol they will inevitably find "reasons outside their control" for their failure to deliver. It's painfully clear once you are not invested and therefore blinded by the endowment effect!

I'm not sure anyone*. Stupid phone

Bushy, I'm not sure above had any idea how long the fire affected operations.

200kpa is only achievable if everything goes right, and it inevitably won't. A fire causing mining operations to cease for 10% of the year shaves 10kpa off that total. Throw in any other "unforseen" issues and it gets whittled down further.

Let's face it, 200kpa is a pipe dream that DB will never achieve, resulting in further capital raises as shareholders pay off the debt

Unfortunately, yes, delays do matter when you have a debt repayment schedule, since any failures at this point will necessitate significant further dilution. I'm shocked ppl don't understand this. DB just gave away 30% of the company because of delays. Any further delays at this point will involve selling more of the company away, and PIs will inevitably be left with nothing.

So there's been another 4-6 week delay in achieving commercial output due to that fire...

These issues will keep cropping up and it'll be a while until they get there, if they ever do.

Not saying the fire is their fault, but they have historically found a way to screw things up, and haven't yet learned to underpromise and overdeliver.

Expect very little from Kou for the foreseeable

Raised* both rather

It's not that I expected a quick return - this has been gone on for years now.

They've been fully funded and then rather significant further capital, more than once. The fact this is 30% BELOW the recent placing price says it all really

The market is judging this an 80/20 rather than 50/50, imo. The 11.26p equity issue has not formed support - we're 30% below what CIG paid as the market figures they've made a big mistake on HUM, throwing good money after bad.

Ppl on this board should stop assuming the market is wrong and that the lying CEO is right. HUM will NEVER make 200k ounces an annum

There was a sizeable capital raise at shanta for 16.5 and it's now being sold off for 13.5p.

This is AIM. Expect less

Lew, nobody trusts these guys. They raise capital and never actually deliver value.

It'll just be more debt, more capital raises, and a dwindling share price. Get out while you can still get something, this is like most other AIM commodity companies: just a lifestyle vehicle for management

It'll be sold for 15% more than the current price ie 10p. Go have a look at shanta.

This is a dog

Hahaha I am, but also very hesitant. Once bitten, twice shy, and all that!

Yeah but they only hand over that info to a bidder, whereas saturn effectively had inside info before making a big, right?

The lack of proper detail to outsiders is the point. It ensures nobody else will bid

Thanks for that advice

The year low of 6.8p was before it became apparent there would be future capital raises.

Does anyone believe HUM is "fully funded"?

Appreciate the reply. AIM is disheartening. Seems the biggest cap names are experiencing the greatest returns. NVDA is up about 400% over 18 months

How do you know this won't take 6 months? Serious question.

I agree that 4% on £200k is good going. But surely you invested that amount because you wanted exposure to the gold sector, and not a risk free return?

The money I had in SHG was NOT my risk free, cash pot!