Member Info for Nigelbonger

Due to the pull back in some small cap but high FCF and profit producing goldminers I have sold all my HUM over the last couple days. The risk of this is too unknown and making me nervous. I will be watching and keeping up with this on the sidelines for more news and hopefully a reentry after more positive and assertive news. GLA, hoping Commercial production is announced for all who are still holding in the next RNS.

Well... after holding since July the 5th im now looking to sell, luckily i got in at 8.49p a share. if this share ticks up to 8p ill be out, sad to say i was wrong its not worth the risk/reward to me.. GLA, hope anyone still in this it pays off for them! The fact they are doing strategic review at yanfolila comes across its been disappointing again there too. Will let you know when im full out of my position hear anyhow.

Bobsknees,

Was just using it as an example as to reasons you wouldn't get an announcement yet on commercial production. Could they have missed guidance or ramp up slowed, yes, but also they could be set to announce commercial production in the coming weeks. We will all know soon enough.

Are you that incapable of understanding definitions or are you just doing it deliberately to fit your narrative. Continuous three month period of over 60% capacity. i.e. production would need to be above 60% for all of August, September and October. so that would point to October/November commercial production announcement. Its not really intellectually stimulating having to breakdown basic definitions. I have tried for the last time, hopefully we can leave it at that.

“Commercial Production” means production equal to [sixty percent (60.0%)] of the Project’s constructed initial annual design capacity as shown in the Feasibility Study, averaged over a continuous three-month period.... according to the MMDA written by the IBA, this is the template agreement use in negotiations between the host country and the mining company. The key part is continuous three month period, either people on this board dont actually know the defined meaning or you are deliberately leaving that part out. Either way we are all now aware its not just 60% capacity, thanks again Samaritans! Hope everyone else actually invested finds this useful in weighing up their investment.

In my opinion golds running up into the $3000's, lets pretend the global economy is guaranteed to soft land, which given the FED's 50bps cut seems they don't even really believe this but lets pretend.

The Global turn back to QE, decreasing rates, inflation remaining somewhat high, record emerging market gold buying, economic trouble and increased QE in China, central bank pivot to gold, weakening dollar and unfortunately global geopolitical instability will see Gold continue to rise. Golds pulled away this year all the while US institutional and retail Gold ETFs have seen predominate outflows.

Nearly every scenario points to a higher POG. The already 38% rise in gold over the last year should be equating to many multiples more in SP, especially when you consider its really the margin you should look at, which has gone from $800 to now $1500, near double earnings which typically shares are valued on multiples of. Once this minelife hopefully gets derisked, this share has a long way to go just as a correction, let alone future prospects in Gold...

POG keeps rising, these shares pulled pack... only right i buy more.

Shares dropped over last 2 days while POG is continously taking out new high. so rightlyfully sold a chunk of Endeavour for more of Serabi and another stock.

Personally, i wouldn't choose Divi's if i had a choice for shares like these. Id rather capital directed to expansion and acquisition, or buybacks considering the ridiculously low share price and the current margins and return on capital. Further, a point to add to that M1Rob negative post, the current reserves are calculated on a much lower POG, with POG at these highs the economically viable reserves grow much larger. strange he does not acknowledge that in his post.

Last time i looked theres still 3 rate cuts priced for the US WIRP by the end of the year. so markets are expecting a further 50bps and 25bps rate cut considering there's only 2 further decisions. Those alone are catalysts for gold and helped push golds price up, coupled with the devaluation of the dollar. I personally do not see how gold consolidates back down to the 2400s... especially when real rate of return is much lower with inflation still not below 2% targets.

Has anyone go the Oz per quarter cost collars. since FY 2023 i cant clearly see them broken down clearly, probably because it makes them look like fools to have them active. im hoping they are stopping with these foolish price collars, its clear to almost everyone that gold is trending one way, its infuriating we are selling gold at 25% discount currently. would be good to see how much of the productions going at these prices to work out gold pricing uplift

Look at their presentation on Kour, it has a pretty picture and everything for us all. Clearly shows the ore body with a significant high grade orebody which is below a poor low/no grade top. They have said in the last update they are nearing the body which is why the AISC drops substantially and also the production gold ounces jumps substantially. unless someone just randomly coloured in a mine pit maps with random colours id just refer to that for yourself. DYOR please, for all oursakes

Currently investing in basically any gold producer is starting to look like you cant lose, obviously you can but most are becoming significantly derisked. Currently this one is looking to be making net profits of its entire market cap annually. What a time to be invested, hopefully solid mine extensions are announced this year too.

Nono, naughty punter, back in your condor gold punt box you go. Clearly stated due to near term high grade ore they expect higher than the 100k LOM expected, thanks for your caring samaritan work though, long may it continue.

I wouldn't listen to the guy, hes "invested" in condor gold. A company trying to actually fire sell its assets which is why im quoting invested. That is a sound investment to him on 0oz production but HUM is the punt... Punter is definitely the fitting name, either deluded or dishonest when you have this perspective of him

Although i agree with the ridiculously cheap pricing of the stock we have to discount these assets materially just on jurisdiction, the assets are in very risky places where as Peru and Australia are materially less risky. However that being said the cash this is kicking off, I cant comprehend the valuation still. how this isnt entering the 30s is beyond me, even with the risk of the current 3 year life (which should materially expand as they have eluded too anyway)

Happy its a blue day for everyone today, some people aren't happy others are making money but i guess that's there issue. Have a great weekend all!

Thank you for your service. Truly a champion of the people

No no, time out for David. The dispute was the fabrication of debt increase, not survivability. Which you, as blantantly obvious by the way you didnt engage and instead, provided a what aboutism, know full well theres no debt increase. lets keep it intellectually honest please. the need for Refinance was obvious for everyone and we all know the outcomes if it wasnt to happen. But thanks for clarifying, really helpful.

Its amazing how do good, caring, compassionate Samaritans who spend their lives investing cant get their head around "debt refinancing". In this case the company borrows money to pay the existing debt off, this does not increase the debt burden, theres no increase, the company clearer states that in their RNS. Net debt is unchanged, no matter how many times you say debts increased its a blatant fabrication. Now you can say its not good the company has the 'SAME' amount of debt but saying it has more is wrong. But please, keep up the good fight. keep us informed, we need you looking out for us