RE: Buy11 Dec 2021 23:41
I'm like a lot of you here..... I just cannot believe that HUM market capitalisation is only £57M......, some explorer with less gold reserver have much higher market capitalisation...
In my view there is a problem... the price doesn't reflect the value of the company.
With the current assets I will still be a buyer at £150M.
I know there are some bad things going on at the moments (poor managment, security issues , mali situation, lower production forcast, bad Q3, developement of new mine-lassonde curve), but that's already in the price.
If they can reach 100k oz with AISC at $1,350 per oz that's (1750-1350)x100k= $40M for a £57M market capitalisation...