Anon3, same on my side, no quote to sell. not even for 2000 shares!!!! Everyone is nervous for a good reason because so far all previous quater have been bad. only few days to wait...
9 bilion, Yes, correct and thank you for the clear article and if HUM continues that's way in 2023 we could generate 100k ounces per year with AISC at 1400-1500 and gold at 1900....
I'm also turning positive.... With the price off gold rising and Yanfolila performing and Kouroussa entering in production on budget and on time, if lucky (I mean if the managment doesn't fu.k-up) we could see HUM jumping from a Market-Cap of 32M to 500M with a free cash-flow of 70M (PER of 7) Ok maybe I'm dreaming or I'm very possitive but it's possible and just that should give us a much higher price, so in my view if Q4 is good the share price is going to go up a lot. That's what investments are about.... Q4 results in arroud 15 days.... I think if we don't need extra cash(raise), the share price could be above 100p this year. https://ibb.co/7VsSdbT PS: I'm owning HUM
Bonker99, you seem to be spot on with your call, unfortunately HUM is not reacting as weel as my others minings.... Really frustrating this one, we can congratulate the managment for the past poor performance...
RE: They will go bust in the normal way...30 Aug 2022 22:56
What I don't get is why the management is not buying. Market cap is £28M....!?#!?.... I know a lot a junior with a much bigger market Cap.... This is my worst holding so far and by a large amount. My best performing asset is SCZ.v
Market cap £29.91M.... I don't think I need to say more... How much that is per ounce of gold in the ground? Maybe Bonker can tell us. In my view people who sold at that price had no choice or they think the ounce won't be extracted.... I never thought we will go that low, I have to admit. Big volume the last 2 days with big drop. Thanks my Canadian silver miners are over performing...
Bonker99, So yes we all found this MarkCap ridiculus and it doesn't reflect HUM asset. In my view we need to hold on and wait for the market to correct this misspricing
I'm becoming impatient..... Currently big loss on my side with 438.4k shares with an average at 15.94p I initialy bought at 18.5p in october 2021, thinking that HUM could easly double.... and I was really wrong. Still hoping that HUM could reach a MarketCap of £160M (40p/share) but it's funy how this 9 months drop have shaked my expectation. What are your target? I'm expecting gold to start rising and Yanfolila to be profiteable next quater (sweet dream) and Kouroussa to start production on time. When I read myself I think I'm over optimist after the last underperforming months.