Member Info for January2

2023 is when Copper will boom.
The electric car revolution will not really get going until 2023 when volume can be ramped-up.
Supply chain issues are lekely to hold things up until then.

As recent history has taught us !
HUM is not a purely "gold play".
You need the 3 ducks to line up in a line;
1) - It's also a gamble on Mali politics and unrest.
2) - It's a gamble on production and costs of ( wet season, damage etc)
3) - It's a gamble on Price Of Gold.

When or If the 3 ducks line up, will determine your maximum/true valuation.
I would just add, predicting option 3 is possibly the easiest of the 3 options, which is why many here talk about POG and do not do enough research on Mali politics.

I feel for you romaron.
These tests are very missleading romaron. You have been conned because ............
Sadly the 5.9% you have down as Scandinavian on the test, only came about because of the few white/blonde hairs you have due to your age.
I know this because my test came back as 44.7% Scandinavian, 51.2% Chingford and 4.1% Nigerian !?!???
I guess the Nigerian bit came about because of my lovely Sun Tan.

Likewise there is no reason to assume Magnus is not fully repaired, as it is equally likely that it is !
Definition of fully repaired being - it is producing around the same levels (+or-up to 10%) as it was prior to the outage.
All we can say is that Magnus IS producing , otherwise it would be a "Material Difference" and that would need a RNS .

Mrc mrc mrd,
Your comment about "not interested in what clobber you buy with your winnings" made me laugh.
Well let me tell you - I have been wearing the same clobber since 2016 !
Need I say more !

Strange, I would have thought reading it would have helped Focus the eyes !

Come on Bushytailed, let me give you an example of when there should be some accountability or explanation given !
Let's say I am a new novice investor. I read the posts of an experienced investor with say over 48,000 posts. He says the share price will go up to ..... This is seriously undervalued ......Buy one mine and get one free...... and there is serious profit to be made here in the next 6 months. I will surely be in profit ! I listen to this experienced investor and buy shares. Roll on 5 months and I am 40% underwater. I think the poor novice is owed an explanation, don't you ?
Maybe you and I don't need one, fair enough, I agree . Maybe the novice has learnt a few things about the market now. Maybe he has learnt not to listen to forecasts on posting boards. But maybe someone should admit and explain to him how they got it wrong ! Also what the real risks are going forward.
Do you agree Bushy or is it "let's stuff the new guys" , their fault they should know better ?

I see a "Chink In Your Armour" there Bonker99 !
Back in Sept and Oct 2021 you were saying "6 months" to your payday. That would take you until March 2022.
A few weeks away from now.
However now you are saying that payday won't be until H2 2022 another 6 months or more !
Why has your time line slipped?
You did not mention that you got it wrong in any of your recent posts !
You seem to be making it up as you go along !
When we get to H2 will it slip again to H1 2023 ?
The fact it is you rely a lot on POG and that is unpredictable. Managment here need to perform better too !
The fact is you are currently underwater with NO short term sight of reversing that !
Medium term the stars may align, but that's got nothing to do with a finger in the air forecast.

Cheers onedb,
Thanks for your thought. Taking my son. His first time seeing Spurs playing live in a real football stadium.

Well I just booked my tickets to the Tottenham Hotspur stadium to see Spurs play against Wolves on February 13th.
Feeling confident that I shall be a little richer by then.
It's been 20 years since I have been to a Spurs game and I'm looking forward to see the new stadium.

KO @ 8.27

Thankfully KO we did not do what you suggest in 1939.
If we had "looked away" then, we would have let dictatorship rule the world.
Part of being British is we don't do that ! We punch above our weight.
Maybe we should have let Argentina take the Faulkland Islands then ?
NO, we stood up for Faukland islanders who wanted to remain British.

It won't be so easy for Russia this time. When Russia last went into Ukraine In 2014 the Ukraine army was a shambles and had only 16,000 soldiers.
Since then , with outside help it has spent large amounts of money beefing-up it's defense. It now has 120,000 troops that have modern equipment. It's weakness though is in the air. It's airforce is poor. Russia will have control of the air from the start.
Let's hope Putin the thought of Russian sanctions and the loss of lives purs him off.

Maybe no evidence of blackmail in Russian history. But we are talking now and Putin.
Isn't witholding gas supplies to Europe that can be eased with Europe agreeing to put Nordstream2 into action - blackmail ?
Isn't give me a garantee that Ukraine can never join NATO and I will remove my army from the border - blackmail ?
No Modestus, blackmail is alive in Putin's Russia. How do you think he has become so rich ?

Just a few points to add.
1) Ukraine was part of the old USSR. When the Russian Federation broke up Ukraine broke free. Putin has stated before that the "greatest tragedy in the 21st century was the break up of the old Russian Federation and the loss of all our land".
2) To those that say- Putin won't invade. He already has . He has taken Crimea and then land in East Ukraine.
3) If Putin invades he faces sanctions. One or two real nasties like being banned from the international Swift banking system. However he can switch the gas off to Europe ! Germany in particular would see suffer.
Personally I think that guys like Putin don't spend weeks building up troops, tanks and all the support they need just to steal a couple of acres.
I hope that I am wrong but I believe he wants to ensure that his name goes down in the Russian history books, like his idol Vladimir Lenin

I posted -
POO looks like it will hit $90 in the next 24 hrs. Brent just crossed $89, could I be right.
= hope so.
I thought the 4.00pm EIA inventory report was bullish. that seems to be the market reaction too !

Massive build up from Russia continues !
Biden already spoke on this and basically admitted that he believes Russia is going into Ukraine. Looks to me like it will happen very soon. What will it do to oil prices ?
Very sad when politics costs human lives ! Lets hope Putin is bluffing !

Well Said Strike123.
Sadly some, like me, have a higher buy-in price than the current SP.
Most of us LTH's believe in our choice of investment with Enquest. It's just our timing that was wrong. We were too early.
In theory if you have picked a winner then it will eventually win. Which is fine.
However human beings have varying amounts of patience. This can be driven by emotions or financial needs. Once the patience is gone, you get bitterness and anger. Hence the odd bitter and negative posts on here by ex holders/holders.
My father taught me that " A big man owns his decisions".

We will see $90 in the next 24 hrs.
- So $90 x 50k bpd = $4.5m revenue per day !
- x 365 days = $1.642 billion in revenue per year, I see FCF circa 800m.

I'm seeing a 40p target in the next few months !

You are right onedb.
who's right ?
And on the other hand you have those that are doing the "Hokey Cokey Dance". BTFATH1 is In , Chilting is out - in out, in out and I guess they are both shaking it all about ! Hence they are telling us all their moves.
Who cares though ? I am a LTH and I stick by my target price. I wait for my party !
Those that want to dance before the 60p party should go get lessons first, because from what I see is - a lot of hot air and no evidence of dancing !
For the future keep your dancing private.

Don't worry about today.
It's just backwardation ! We get it somedays, just like you get an itch.
Tomorrow we will be in Contango, yipee !