Member Info for jammin86

One of the issues they mention is recruitment, so basically they don't have enough skilled staff to run operations, but assume that this will all magically be fixed in 2 months so 2024 runs at full steam...

Market doesn't believe them

There is no way they will meet 200k ounces. But the more will definitely have been unforseen!! The 200k assumes no issues whatsoever, and that the mine will run 24/7/365 with no issues.

Clowns

He's not misread anything.

"From FY24" implies at the end of Dec 24. It's just poorly worded yet again. He probably means "throughout 2024" but is as bad at English as running a mining company

And we will remind you of the 70% gain made in two weeks on HUM. LOL

Why not just own both? You know it's not a competition right?

HUM is obviously much higher risk and the share price movements reflect that.

A 12 month delay would render the company insolvent, so unfortunately it matters a great deal.

When you have a demanding debt repayment schedule you cannot afford such delays. A few months might be OK, 12 months absolutely is not. It would be an existential crisis without doubt

Down 17% and dropping

They are making cash. Lol.

But I agree, it's definitely make or break time. No more excuses. No more "unforseen weather or recruitment issues"!

Here we go

Kat2008 spends his time posting on boards of shares he doesn't own. Bitter and sad

Why sell? I guess some people will tire of jam tomorrow lol

I only bought in this year, been a roller coaster ride already and I'm definitely not selling. I won't buy more either

Unforseen wet weather season? How on earth is it unforseen?

It's not particularly clear but I read it as group guidance

Probably the same reason the first mine didn't make shareholders any money lol. Abject management.

Let's see what the market thinks... Gold is high, if they can't make this a success in the next 6 months, they never will

Why do you think they'll exceed 2023 guidance? We're only 2 months away.

We're on 70k and they're guiding for 80-90, with at least 8k coming from Kou that suggests 2-12k from yan?

Something doesn't add up, unless they hit c100k

Yup. Sounds about right.

Can't see the market loving the update tbh. But it's probably in line with expectations, and guidance.

I'm suspicious of their guidance though, they implicitly assume they'll resolve all their recruiting issues and I'm skeptical given past performance

So Kou delivered 1000 ounces over Q3. That's poor imo.

Seems they'll deliver 9000 ounces in Q4 to make 10k overall.

Oh I see. Right. Fair enough

Dude, you can't seriously think a comment on this board can influence the price of gold

It must be written by a bot