Member Info for Playboy007

Clearly an institution thinks it's a good buy at that price. They

Yeah, I thought sooner. Surprised it's taking this long.

Agreed, it's about to pop.

So there must be some big sells coming from somewhere, otherwise this would be up way more.

Hum have fallen out with numerous contract miners though and Corica have never had an issue with anyone.

Well, I remain surprised at the rise here in the absence of news. It's back to the price I sold at and I'd be lying if I said I didn't wish I'd bought at 4.5p and flipped them today. I'd love (probably a little strong for my feelings here) to be able to buy back in. In the absence of news I believe this is as likely to end up at 0 as doubling. There is clearly a case for significant cash flow and value creation, but in the 9 years or so I've been here, I am yet to see any value creation. Just a long history of messing up everything possible. There can be no doubt that Dan is inept and another disaster is never far away. I hope you guys make money here because I'd take no pleasure from seeing you endure a repeat of my experience. Make no mistake though, this is far from a dead cert. It's a complete gamble.

And they haven't managed to put a contingency in place over that year. What are the chances they can do it in weeks with cash running out?

I think either they can't afford to pay it in full and that is what is being demanded, or he is engineering a low ball take over. Having a tantrum and refusing to pay, resulting in bankruptcy, just makes no sense even for Danny boy

You will still be able to trade. The spread is already large, so I don't expect much difference. Gl

Perhaps, we will see. The valuation here seems absurd to me. By my estimations they have more cash on hand than the MCAP. They have several deals in place with billions in potential earnings. The risk is somewhat mitigated by the number of molecules in clinic. The free float is extremely low, in what is already a low MCAP stock. Who is going to be selling at this price? So, in summary I don't see any sellers (assuming institutions are done) and a small amount of buying, based on great value, will put a rocket under this.

Hopefully, the Q1 numbers will get us some liquidity. I am thinking about adding in this year's ISA.

I am amazed the share price is this high. I wonder if some news has leaked and Dan's mates are getting in, or if it's total speculation. I am still refusing to buy and waiting for the next poop show update.

I am surprised it isn't much higher already. I am expecting to break 10p today. Then a slower move up to 14p.

Not long until rainy season now. They love that excuse!

I think it's going back ovet 10p in short order. Wte will see.

It's very good. They have been selling millions of shares, seemingly with a total disregard of price. It's well documented that they have had a torrid time of late and are navigating huge out flows from the fund. I am expecting a massive bounce now.

Bushy, if I thought there was any realistic chance of 70p from here I'd still be in. I think the upside has consistently been eroded by Dan and Co. I am not sure I'd buy in at any price until the situation is made clearer.

Can anyone with level 2 let us know what it's looking like.

imagine if dan had actually delivered... kouroussa was initially touted as doing 130,000 ounces in the first year at around $1000 aisc. let's say combined 200,000 and a margin at current gold price of around $1000. so, $200 million free cash flow. also imagine he hadn't diluted us to kingdom come and had done some drilling to increase kouroussa resource. a pe multiple of 3 which is about fair for hum i think. what does that make? without even the *** packet, i'd say £1.40 a share. i'd be on a beach somewhere. screw you dan.

It was referring to Q2, as in looking forward.