Member Info for January2

Velo,
Excellent technical analysis. Thank you.
Glad we have a proper chartist on here.
All the best,
JAN

Cheers KO,
Lets hope they fully close the gap ! lol

The company spends circa 1.7m per annum.
How much cash are they holding now ?
Will they need cash in the next financial year ?
Any likelyhood of revenue from somewhere ?
Will they need to raise funds ? Share offer ? Dilution - or Cosolidation then dilution ?

Under $100 , even down to $98 !
Have I missed some new news on POO lads ?
or is it just a delayed action to the 120m SPR release.
Was hoping we could keep above $100 for 2022

took some early this morning, after a small amount of research. Seems good value - no debt on balance sheet, nice little divi's and nearly at 12 month low for the share price.
Commodities should do well over the coming year or two. I hope the team here can deliver on the production side then this should re-rate nicely. Any "big news" on the horizon ?

Great news- I got an upgrade today too !
My wife upgraded me from "old" to "old fart" !
There is a lot of it going around.

China demand will increase massively when they are fully unlocked. Don't forget India too.
This summer Holiday season will see huge oil demand as people travel, even if only in their own country. Massive air travel with problems in airports not being able to cope.
Demand may fall if we go into recession in 2023, but even then - have we enough oil ?

after reading the RNS.
Still think we could see a little fall in the SP if the production is not too good for qtr1 , but hey ho - late 2022 or more like 2023 is when this gold producer should really shine.
Short term could retest recent low of 11p if gtr1 production is poor, however I have a 2023 target price 50p (MC 200m).
It would be more if they didn't have expensive Mayfair offices and expense accounts ! lol

Hi E121,
Your right.
This board is for HBR/oil market investment posts.
Hope you are keeping well.
All the best,
JAN

Right Jeff,
Vaccines cause cancer and Heart disease.
2 totally different conditions caused by many different reasons.
Well Jeff let's add a few more for some real effect and attention. Let's add Genital Warts and Herpes.

Jeff- STOP trying to scare munger people, when you are NOT qualified to voice an opinion. This is an investment board and NOT a board for wannabe doctors like you.

Salt can cause heart disease.
I do not see or hear of any UK footballers collapsing on the field in the last 6 months and I am a member of the FA.
Go away you attention seeker. Weirdo !

Jeff,
Think you will find that covid has sadly killed more children than the vaccines have.
Indeed covid would have killed even more if it was not for the fact that many countries vaccinated their children.
If you want to help children being killed then stop Russia bombing civilian residential areas of Ukraine.

During the Pandemic many Cancers and heart conditions went undiagnosed due to the covid pandemic. Many patients did not present themselves at this time , leaving the medics to focus on covid.
Rises in Cancer and Heart conditions now is caused by a back log . I think you will find some weirdo 's will always try to explain this in "attention seeking headlines", which are made up. I understand that some of these people, like Rookie, have seen "Aliens " too.

Rookie,
I have a problem with your numbers.
If each vaccine shot destroyed 30% of your immune system function, then those folk who have had 3 shots ( 2 and their booster) would have an immune system functioning at a 10% level. At this level it would be useless and the body would be destroyed by everyday viruses and bacteria.
As the booster (3rd shot) was first given more than 6 months ago , then by now we would be seeing a huge number of deaths caused by a failed immune system.
Summary - Another lot of Ball ****e and rubbish put out by those who have no medical knowledge. Sick fools who crave attention.

Mmm, expensive Mayfair headquarters.
What a waste of money !
What's wrong with Basildon, Essex. Or Southend .
Save some money.

Hi Bonker,
I have read your posts for years as January and as January2. Like you I have been on the LSE board for years.
I know history shows that you normally pick winners. I say normally because nobody has a 100% success rate. However I agree with you in that HUM is great opportunity. The big re-rate may not come until year end or closer to production begining at the new mine.
Until then the company needs the cash and the revenue created at Yanfolila to fund it's operation, so your comment -

"Yanfolila production is irrelevant at this mcap but crack on - I'm enjoying the tag team ;)"

Is not correct, as the production is needed.
ATB

JAN

Hi Guvvi,
Thank you for your reply.
I take your comments on board. I think we all agree that QTR1 production is likely to be the weakest in 2022.
will it be 20k, 22k or more. How will the market react ?
I feel GGG could be pretty close with the 22k figure for QTR1. I see the market seeing this as " slightly positive" and could cause a positive share price response. However he could also say something negative in the RNS like that they only had 3 excavators working for QTR1 and the other 2 will be up and running soon. Or something similar ! The market does not like "broken promises" so any positive SP response could be destroyed by comments like that. Lets hope the news is all good.
We will see in April.

G-G-G-,
Thanks for the reply.
Great post and very informative. I found some of your comments on DB's performance really funny, but spot on !
May I add that it has been proven that even monkey's do learn from their mistakes, so there is hope for the future !
All the best
JAN

G-G-G,
I like your posts they are factual and fair.
My only point is - you raise the question of qtr1 production results ?
However the company has already told us that they will be "below average" i.e. poor . Indeed they explained why in their previous RNS. Therefore we know they are not going to be good, and there is every chance the Share Price will fall a little further before it "turns the tide" and begins it's upward moves.
Therefore why buy now ?
Best wait until after QTR1 results surely ?

Didn't Tullow refinance their bonds at 10 %.