Member Info for Lew7

The minimum coris can pay is 11.26

After January circa 8.5

So please get your facts right

Ignore G7 he’s a complete tool

Millionaire investor who spends his time

Trying to spread fear on boards where he doesn’t hold any shares

Very strange past time for a wealthy person don’t you think?

Punter the company are not in a position to give out the figure qtr 3 until another 2/3 weeks

So stop spreading fud

You and G7 are obviously employed to work on this as a project to destroy as much of the share value as possible

But what goes down will bounce back on one good qtr

You know that too or why else would you be trying your best to buy at 4p

Oh sorry I forgot you’re a Good Samaritan

You kn@b

Punter you're not invested stop pretending that you care

You’re looking for 4p entry we all know that

Punter

Are you plat hunter on advfn?

You sold out 55k

Yet on here you’re not a holder

Just a Samaritan

Very strange person

Punter, you really are thick as pig sh it mate!

So you’re saying hum is currently valued at circa £24m and Dugbe at £30 to give us a share price around 7p

I give up, you're filtered, you haven’t a clue

Punter

That’s your opinion the market has not priced in Dugbe as it’s not certain

Also it isn’t 1000 oz that’s the min

Potential 1B profit is not a tin pot company

You still haven’t said why you spend so much of your time on here

You’re not a seasoned investor and have no idea what you’re talking about

You’re a desperate clinging on loser and everyone can you through you

Punter

Stop talking Sh it there are as many sales as buys.

Remember that the Dugbe sale in November will add a min 4p to the share price

Even if there is a dip on the 3rd qtr results it will be short lived the asset base is worth 2B

Not £32m

Remind us all again why you post several times a day especially before anyone else?

ace ignore the **** they put up as many negatives posts up first thing to create a depressed sentiment everyday.

should be banned as it’s ridiculous worse than a ramper

Bushey

What about the Dugbe price potential 4p plus to add

11.26 + 4 approx maybe more?

Its possible that there is buyout on the cards?

If so everything changes

It’s obvious, they could not be as open as usual

Ignore punter they have issues repeating the same message all day everyday

Read the RNS’s and watch the presentations

Clearly states no placing

Punter owns no shares or want to buy any apparently

Only at 4p to make losses back as sold awhile ago

Circa 6p

Don’t reply to the header 4p placing as that’s what punter wants

Narcissist poster with serious issues

It’s a strong buy from here more than double your money

My take on it is that a buyout is coming

Min 15p do the maths

Until then I’m signing out

Let’s just say I know so

GLA

Punter you talk nonsense as your plan is to buy cheap back in and scare people.

They was clear in the last RNS what they will do: creating a Gold backed loan facility what is extentable. They look for it to have a flexible approach till the 40M$ from Pasofino sale is there in November. All time telling lies here.

Https://x.com/abc202324/status/1840344364108636615?s=48&t=p-fBnvpF9tMFyB57eUoEZQ

Hum has a multi billion Ebita over several year mine life

The debt is nothing in comparison and fairly normal for a mining company of this size

Far too much doom and gloom on here

And a massive over reaction

This is coming back watch this space

Newmont gold miner

Produce 6.9m oz of gold

and have 9B dollar debt

Company value $62B

Per oz debt ratio is higher than Hum

Just an example but no one is sh itting themselves over there

Hum is on aim and magnifies any RNS

But not for long

Also value sale of Dugbe is not reflected in the current share price

Dugbe is approx another 4p

Which this takes this buyout closer 19/20p

Shareholders have to agree to the price

They cannot takeover a fire sale

Bushey

I think the following is more realistic

Based on the LSE City Code - Coris Bank would need to pay at a takeover at least the maximum price they have paid for shares in the last 12 months. Here the relevant text:

An offer made under Rule 9 must, in respect of each class of share capital involved, be in cash or be accompanied by a cash alternative at not less than the highest price paid by the offeror or any person acting in concert with it for any interest in shares of that class during the 12 months prior to the announcement of that offer. The Panel should be consulted where there is more than one class of share capital involved.

https://code.thetakeoverpanel.org.uk/tp/rules/rule-9/rule-9-5.html#:~:text=An%20offer%20made%20under%20Rule,months%20prior%20to%20the%20announcement

Coris Bank bought on 10.01.2024 for 11.26P more than 20M$ in shares. This is the highest price paid past 12 month. This rule will be in place till 11.01.2025. By than we also know how Q4 2024 will look like.

If the bank would take us private - offer is min 11.26P. Also they would need to convince our second largest holder which own around 7.2% of all shares. (2 holdings)

Best practice are a premium on top - so still would see an offer closer to 15P as more realistic scenario..

GGG

You’re the saddest F posting on boards you’re not even invested in.

You need to get out more maybe try and make some friends if that’s at all possible?