Member Info for Punter64

Van Van you must be new to this debacle? Zak has been saying this must go up for years along with many others but it never happens. They are basing their forecasts on Bett's promises but history has shown that time after time targets are missed, usually by a big margin. The only hope for HUM is if Betts is replaced.

That was 2023 when there was no underground mining and 300mm of rain. This year there has been over 800mm of rain and there is underground mining which is always more expensive. Dream on!

Err the aisc at Yan was $2598 in q2 when the weather was decent. Q3 has seen rain virtually every single day. Why is Yan going to have made massive profits? Kou is also still ramping up during the rainy season so the aisc is likely to be over $2000 for q3. HUM will be lucky to have made any profit at all and the debt and interest is piling up

Why will commercial production RNS add 10p? Yan reached commercial production in Q1 2018. The price was 35p at the time. Following the RNS the price dropped steadily down and was 18p by Nov 2018 (a 50% fall). On that basis this looks more likely to fall to 4p rather than adding 10p, Lol Dream on!!

Do you live in Lala land? Dugbe will not be sold for anything like that. The location is duff, the Capex is enormous and the infrastructure is virtually non-existent. Nobody is going to pay over the odds for it. The grade is too low for a big price. If gold falls back in the coming years after a mine is built it will not be profitable at 1g/t.

Wasn't this conference supposed to be drumming up loads to buyers. Where are they? Volume here is awful.

Why do people seem to be getting a boner on about the commercial production RNS? This was supposed to have happened about six months ago. The RNS will just be an embarrassing admission of failure. Let's see what the aisc is. Certainly group aisc of the two mines combined will be well over $2000

All this mad ramping on here and a tiny rise of .25p on the back of very low volume yet again. Clearly most savvy investors are rightly giving this dog a wide berth. Q3 results will be a rain soaked disaster.

'db there is more interest now because pog is up and will to go up for the forcible future you're as thick pig **** mate! you’re embarrassing' Hahaha,great stuff! What is this word 'forcible' you have come up with? Do you mean foreseeable? Pot, kettle!

No doubt this would go up if run properly but it isn't and probably never will be. If you want this up you need to get rid of Betts.

Dream on - those figures are pure fantasy.

Lets remind ourselves of the sh*te our resident genius comes out with - this is a post from July:

'Hi swatton, only just seen your post after travel Ng through all the dross.

I'd be happy with 5k if they're kind enough to give us the monthly prod figure. Not sure that they'll announce commercial production in the Q2 report though but we've got to be bloody close. One saving grace if we're waiting several more weeks for commercial production is that Kor doesn't need to be at full commercial production for HUM to have commercial production at group level.

With HUM now seeming through the marginal and transitional ores, the excavation will will be more targeted ie cheaper to mine and Yan underground works and excavation is now complete, so also cheaper to mine going forward.

Not including debt capital Opex for both mines should be circa 200 million. 80K ounces brings in 180 million on an average price of 2250.

Just 5k a month from kor at 2250 and it's another 130 million for what would be considered a production failure.

Free cash flow of 90 million if Kor fails... If it doesn't and we get the 10k a month as guided from Kor then... well, do the maths. 😁😁😁🚀🚀🚀'

Far from making millions HUM actually lost millions in Q2. Don't believe the hype - the losses are in all likelihood still racking up as they continue to ramp up Kou (the longest ramp up in history).

Its obvious you have listened to Stephen Fry then! You big headed buffoon.

Which part is rubbish?

Mostyn - good summary of the situation. Q3 results will be awful. During Q2 the aisc at Yan was $2598 per oz and gold was sold for $2070. Its been raining all this quarter (almost every day) so more losses will happen at Yan, particularly as they are attempting to do underground mining now. Nobody has a clue what the aisc at KOU will be but due to the modest amount of gold being produced and the rainy season it too will be sky high before improving next quarter. Don't be drawn in by the rampers. This company is sinking in debt and it will be worse after the q3 results are announced.

Q3 results look like being a disaster with the worst rainy season for at least the last four years just coming to an end. Over 800mm of rain this year and they struggled last year with just 300mm.

Take your pocket money profits whilst you can. Dan working hard at the conference to drum up some investors for the placing.

I'm not sure what this big news is? Kou hitting commercial after the longest ramp up in history? Big deal. Look what happened at Yan which has seen disappointment after disappointment. No divis just more and more debt and abject failure. My money is on Kou proving to be a similar story.

I suppose Dan may need to drum up some investors to participate in the upcoming placing

Yep, amazing stuff. Drumming up interest like there is no tomorrow. What? There have been an embarrassingly low number of trades today - just 12!!!