Member Info for Punter64

Just to add, by 'there' I mean full commercial production of 120k oz pa

Good point Bushy. However, I think at some point too you have to question whether there is a major issue with the Kou mine/deposit. You can't keep 'ramping up' forever!! At some point it has to be accepted that they are never going to get there. You do start to wonder whether there is a fatal flaw here. I have no idea what that might be, but IMO something odd is going on. Time will tell I suppose.

Getting dangerously close to the next Betts Bombshell (came out on the 26th last year). Maybe they will keep back any 'good news' until after that is released? Who knows. I would have thought that any good news would be released asap, so I just think they haven't hit commercial production yet. Time will tell. Not long until all is revealed as I suspect the Q3 results will give an update on the progress of the 'ramp up' anyway.

24 days in to Q4 and still no sign that 60% of production has been hit (so much for cLEWless's Canadian source!). It is looking increasingly likely that Q4 will not be 'the one good quarter' that the rampers have been praying for. Perhaps Q1 2025 might be better? At the current rate of 'ramp up' it will be another seven months before full production is hit (remember this was supposed to happen in H2 2023!!).

I forecast an RNS tomorrow, which will either be the Q3 results or notification that they will be out a week tomorrow. We know how Danny Boy likes to drop 'good news' on a Friday.

Deepsurvey1, commercial production has to be announced at some point you would think, but it is barely something to be celebrated here really - more just an admission of failure. It has so far taken 15 months to still be at less than 60% production. At that speed of 'ramp up' (you can barely call it that!) full commercial could taken another six or seven months. It beggars belief!

Here he is, the 'head ramper'. Talk me through this beauty from yesterday: 'Oh and Yanfolila has not experienced double the rainfall. That is more misinformation. Wetter than last year, around 50% more precipitation during Q3.'

Err, there was 417mm last year compared to 1030mm this year. I make that 147 % more rain this year (when it was used as an excuse for poor performance).

That's the way Bushy, get stuck in again now you are fully out - top man! Always better to be able to sleep soundly at night with the Q3 results rapidly approaching.

Aim999 Betts is due to be moved sideways, but yeah, really he should leave altogether. Nearly a month now since the search for a new CEO and also a Chief Transformation Officer was announced. The fact they are looking for the latter says it all about the state of HUM right now. I can't imagine too many will be queueing up to take on that role!

Yes DB - IMO HUM would be in administration by now if the gold price was back at $1800.

I will put money on the Q3 results bombshell dropping before any RNS about this shower finally hitting commercial. They are rapidly running out of excuses for this ongoing delay. So much for cLEWless and his made up Canadian source!!

According to BPat (the new head ramper) Kou 'is on track' to produce 120k oz pa! Hahahahaha, OMG how can anyone possibly say that this is 'on track' ?! It fell of the tracks a year ago and hasn't looked like getting back on them since.

What is going on here? What is the problem with this mine that it is taking 15 months and counting to not even hit 60% of nameplate production. This was supposed to be at full nameplate in H2 2023!!

Oh dear, you really are a strange individual. So it was 1032mm at Yan and 947mm at Kou. In other words it was very wet at both sites. Thanks for helping to prove my point. Yep, much wetter at both sites than last year. Learn to admit defeat occasionally, you will find it quite refreshing, hahahahaha

Https://www.visualcrossing.com/weather-history/yanfolia/metric/2023-07-01/2023-09-30 Sorry this is the one

2023 - https://www.visualcrossing.com/weather-history/yanfolia/metric/2024-07-01/2024-09-30

You really are losing it! No one cares about exact percentages at Kou because they produced virtually no gold during the 2023 rainy season. Yan is the mine to focus on. In 2023 there was 417mm of rain between 1/7/2023 - 30/09/23. This year the same period saw 1032mm of rain. Work put the percentages Rosie Specs - hahaha

https://www.visualcrossing.com/weather-history/yanfolia/metric/2024-07-01/2024-09-30

Every time you post BS I will respond! I have NEVER claimed anything about rainfall being worse than average, despite your desperate attempt to spread falsehoods. What I have ALWAYS said is that the rainfall this year is the worst for at least four years (I only went back four years, so it could be more). Betts used the rainy season last year as an excuse for poor performance and it has been much wetter this year, so you can draw your own conclusions. Please explain to me what is not true about that statement. Many thanks, Rosie Specs.

It has been twice as wet this year as last year. Tom Hill mentioned in the phone in that the pits were only just starting to dry out. Not good!

Given that Kou hasn't reached 60% production and there has been a mill relining the aisc will be MUCH higher than forecast. This is why HUM couldn't participate in the PAS fundraise.

What's the aisc? Again you are guessing. The aisc at Yan was a terrible $2598 in Q2. Why will that have improved when Q3 was the rainy season?