Member Info for LuckyLuciano

Kouroussa achieved first gold pour on 8 June, 2023 and is expected to produce an average of 120,000 to 140,000 ounces of gold for the first three years of commercial production, and average 100,000 oz per annum over the current life of mine at an AISC profile of c.US$1,000 per oz.=====================

I missed that, 120/140K/OZ first 3 years, likely because they are mining high grade first.

In 3 years of exploration likely there will be more high grade found, not sure but if meanwhile they develop underground grades are even higher...

So for 2024, Yanfolilla can produce potentially +100K/OZ and Kouroussa 140K/OZ for 240K/OZ total?

Https://www.northernminer.com/news/cassidy-extends-sanu-filanan-zone-to-850-metres/1000038058/

Kouroussa will be a monster...

..anyone knows how many shares they have got left?

Last week Wagner Group we’re going to steal the mines ??????????????????

WTF nobody told me anything about this?

What, when, where, why, how?

Are they bringing their own mining division to keep mining the gold?

lololo

Sorry the cross ramping will be only this one post.

You may know HUM already. H2 results due on 25th July, with plenty of updates coming.

IMO, HUM has much more sp appreciation potential than CEY.

Hurry up...

Thank you Juxtapose

I am not going to re-read the analyses and take your words for valid.

It did sound a bit little $25 mill per year.

With no more capex commitment possibly for the next, 2 years I would fully expect most of the debit to be repaid before that time. Also some dividend next year?

..going back on the video, about HUM reducing debit by $25million per year....if I read it correct ?!

Q1-2023-Operational-Trading-Update.pdf Page 5

Clearly shows a gradual reduction of debit/cash and cash+invetories of some $25millions per Quarter not per year.

I see your point

Volume though can be a positive when sp goes up and a negative, when sp goes down.

I am focusing on the mines operation and realistic time frame, and as ever POG.

So we are expecting for Q2/H1 still high grades as previous quarters...

o Similar trends are expected in Q2 2023, with mining continuing primarily in the high-grade Komana

East ("KE") deposit.

Then off to mine Sanioumale East ("SE") which is currently being prepared for mining in H2

2023. Grade there is 2.49% slightly lower than KE, but still very respectable, I am also expecting this been offset by higher production and better operations....

Not that by end of the year Yanfolilla will start mining Komana East Underground (KEUG) at grade 3.94% ( the second highest ) and for 555 K/OZ Resources ( +278,000 oz Reserve, at 3.94 g/t) the largest deposit, 3+ yeras of mine life...

So going forward at Yanfolilla on average we are going to get higher grades lower costs and finger crossed higher POG.

Finally so far we are also getting quarterly production higher than 100K/OZ per year.

This is why the company is constantly talking about full ramped up production of MORE than 200k

================

· Maintaining FY2023 production guidance for Yanfolila, Mali, of 80,000 - 90,000 oz, with a full year AISC of

under US$1,500 per oz, with an updated Group wide full year guidance update to be provided once

Kouroussa is in production and ramping up.

===============

I am guessing once confirmed...... that full year guidance update will come above 200k and potentially at lower that $1500 per oz.

That will be a nice surprise to the market........

DYOR

GI

Good informative find....TBH

Upside potential: 1,200%, imv is a bit far fetched. Talks about POG at $2500, are what they are...only talks.

Also from the article HUM been able to pay down $25 million of debt per annum?

Why not $50 million? 200K/OZ + at say conservative $450/OZ profit makes= $90 million per year?!

In my view HUM remain a realistic 4 time return investment.

Is this guy reading this board?

Sorry to intrude but I think some on here are missing Cawichan point:

(even going as far as saying the concessions were ALREADY taken back by the State when clearly they were still allotted to Centamin in early 2023 , as I previously documented)

From experience one thing to look at very closely, when investing is is the BoD is bull@itting investors and for that matter the Gov of Burkina Faso or not.

I am trying to guess the MM book here..

Possibly is relatively short of HUM shares, hence some time the erratic sp movement.

If H2 news are positive there can be a nice gap in sp, with the realization that HUM sp is on track to more than treble.

Can't see why some I KNOW EVERY THING,

would deserve and answer.

Https://www.investing.com/analysis/gold-mining-stocks-look-set-to-rally-200639983

Looking good.

IMO the basic problem of all this dilemma is the concept of Interest rate in itself.

No doubt the dynamic of USA been the issuer of most currency denominated debit in the world, gives a spin to money flows.

But even when recently western economies interest were at zero, the financial system didn't work because lots of money were transferred from fixed income assets to other assets, creating inflation....

The world economies are not in sync and the financial system is based on hill conceived concept of interest rate.

IMO is more to do with, Brexit and strong GBP.

Https://tvc-invdn-com.investing.com/data/tvc_97a8facc62e5f5f6d3546d7b3a6b33f5.png

June was atypical for POG/USD and same has been for July if we consider that for such a drop in USD Index

POG should be above $2000/OZ

Any conspiracy theory out there?

Https://tvc-invdn-com.investing.com/data/tvc_97a8facc62e5f5f6d3546d7b3a6b33f5.png

It does really seem the BoE are on a suicide course...