Member Info for madgpol

Yes HUM will do well with gold this high assuming no f*CK ups. But with their track record of missing guidance anything less than 200k isn't going to sit well with Mr Market. For HUM to give us the best returns they need to give confidence to investors. Let's see what develops

ADT1 I would be using the EV as opposed the market cap.

If you're already a holder then it seems sensible to hold.

If you're on the sidelines waiting for the confirmation then you will be paying a higher price than what you can currently purchase them for.

That's the gamble. He talks about revenue of $400 million next year and that will happen if they can get 200k Oz out of the ground.

It's a BIG IF with the company's track record of missing guidance.

I personally think a wall of money is waiting to enter HUM but they still have time on their side. But that window is closing .

Yanks doing their best to stop gold having its highest ever closing monthly high.

It's been a painful ride being a HUM investor but now is not the time to chuck in the towel imho.

2024 is looking like it will produce 200k with margin of more than 500 per Oz.

Once the sector comes back into fashion HUM will be on most people's radar. Still time to accumulate more whilst the price is still subdued

Just £65 away from an all-time high in £. Surely we're looking at all-time highs in $ terms by year end as well. Just need HUM to do their part.

Sometimes the market gives you an opportunity. I believe this is one of them although not without risk.

If we are to believe the company 2024 will produce 200k. Assuming gold doesn't crash, WW3 etc etc then HUM will be able to make a massive dent in the debt. That will transend into an SP much higher than where it is now. We saw recently that it trebled on good news only to give it all back.

Nibble away at what seems a silly price but if in doubt hold on for confirmation of nameplate but I suspect the day that arrives we will see a big jump. Hopefully in 12 months time we will look at these prices and think if only

That should read EV not EP

Plumbs, then take the opportunity to load up. Sometimes the market gets it wrong, both ways. Most of us that have been following the story for the last few years loaded up around 7p. As the story unfolds and debt melts away true value will follow. Don't be fooled by the market cap. I tend to use EP

What I like is that fact they state 2023 has started well. Indicates Q2 will deliver as well. Get 2nd mine flowing and we're off to the races. Should be a good year ahead

Looks like the conference starts today and finishes tomorrow. Might bring in some purchases from overseas

Anon3, whilst I agree the BoD have been useless the market will look forward. You know there's money to be made here and so do many others. The past can't be changed, unfortunately, but it created the mother of all opportunities.

Please tell more Bushy on your concerns for AAZ

Miner1234, not pre-production but have a look at AAZ. Transitioning to be predominantly copper producer from gold. Brilliantly run company, I hold

That's a nice summary Evraz but if things were that straight forward we'd all be multi millionaires.

Money to be made that's for sure.

Not sure what people expect here. SP trebles in a month and then they worry about a few pence fall in the price. Nothing goes up in a straight line. Some wi take profits and some will look to buy back cheaper knowing the price needs to cool.

Those able to look beyond a trading day can see the potential when Hum are producing 200k a year at approx 2k gold price. There will be bumps along the way but that will also throw up opportunity for those able to look 12 months ahead

He loves HUM for sure. As long as gold holds around 2k we're in a great place.

Bobee, all things being equal with gold at $2k and HUM looking at producing 200k of Golder per year once 2nd mine in operation debt will melt away and that will support an increased SP. For what it's worth I have a price target north of your average for 2024. GL

Dragons13,

Agree with everything you say. That said us shareholders don't seem to have the power to do much about it. I also believe this will multi bag (Nothing to do with the BOD) and I'll be on my way. The BOD are nothing but scum

Look at some of the chartists of gold on twitter and you will see we're about to enter a massive gold bull market if not already at the start of it. Many have gold way north of where it currently is.We will see new ATH's this year for sure.Now that all sounds fantastic.The only downside with all that is the BoD we have running HUM.