Member Info for Playboy007

I reckon we will see a huge delayed sell in due course.

I am buying more if we see 22p.

That said, Dugbe is starting to look really good at current POG. Just looking through the accounts, can anyone confirm I am reading this right -roughly 10 million dollars per annum additional expenses on top of AISC?

Would you like a skateboard for Christmas to go with your ramp?

I think it's important to include 80% ownership of Yanfolila and tax rate in your calculations. Personally, if the LOM increase is only 2 years I will be disappointed. It wouldn't surprise me, but Dan did say it would easily go into the teens a while back. I'd be happy with 4+ years and hoping for 3+ looking at the intercepts. It has taking far too long now for this LOM update.

In my opinion the upside is very limited until we get LOM update. Happy to be wrong.

Well, I wish I had topped up today. Looks like we are going to see some huge delayed trades today. Hopefully, that will be the end of this background seller. Come on LOM update...

I used to be invested here and have followed on and off ever since. I for one have genuinely tried to share my opinion on these forums and I think many others labeled "derampers" are the same. There are clearly a lot of people heavily invested here, both financially and emotionally. I'd just say don't kid yourselves of the risk, you might lose everything here and a paper loss is a real loss. If you need the money you have left, then you should consider what life would be like if you lost everything and possibly consider cashing in at whatever your current loss is. Fingers crossed for you all, it's not nice to watch PIs getting shafted, I know I've had my fill of that elsewhere.

I just added another 2k. If the price of gold carries on like this the will be mining tailings and LOM will be 100 years.

Fed decision day, let's hope for a 50 bp cut and dovish outlook.

At least the fall in sterling is making us cheaper by the day.

Agreed twogoals, the delay is worrying. I guess the LOM delay must mean the extra resources require a complicated mine plan. Can anyone with a mining background shed some light on why this would take so long? As for results, it isn't like Thomas Hill isn't paid enough to sort the accounts. The delay there makes me wonder what fiddling is going on. Perhaps it just isn't great news and they are wanting to release positive update on July production with it. Either way, can't be long now.

At AISC of 800 and 130,000 ounces per annum, by my calculations Hum make about £50 million before tax. Currently, they only have about 5 years of resources left. Still got about £60 million in debt. Even 60p SP is ridiculous at the moment, but 30p is realistic. Hard to see it going any higher without significant LOM extension.

After a lot of deliberation I top sliced today. I can easily see 30p on a good LOM update. Going to be kicking myself tomorrow, but wanted to buy more uranium!

If everything is going to plan, it was always going to pop at some point. LOM is what I am waiting for. Then Q3 figures to see if they can get AISC down to 800 region. If both are good news, then my bet would be it goes a lot higher.

If gold keeps going like this, we might just be sell Dugbe for more than current Mcap+debt. Now wouldn't that be nice!

Who is the distressed seller? Had these a long time ago, but haven't looked in for some time. Are they seriously going to build it? Always figured they would just sell on.

Seems to have taken me back in time a year or two. Pfff

Operations go smoothly from here, production is increased with new ball mill, AISC falls to $700. HUM are making a profit of £40 million a year and 50% resource conversion adds 7 years to LOM. HUM pay a 4p dividend, whilst maintaining profits for future growth. Now at 50p and they announce a new mine win Cora and a 20% stake in Dugbe with Endeavour who pay the CAPEX, now share price is a quid and it’s been 2 years. I can dream...

I just remembered that old chestnut and had a good laugh. I’ll be tempted to buy some at £40m Mcap, if it gets there.