Member Info for Punter64

FFS why has it taken nearly two years for them to get around to doing a site visit?! This whole process beggars belief. Snail pace doesn't do it justice. Did anyone read Hannan's advertising?

Soon be Xmas and the 'Proper Process' will still be going nowhere in all likelihood.

FFS Onion get on with it man. This is an absolute diss take.

'the knowledge' continues to desperately ramp this dog! talk about being shown up as someone who has been talking ****e for the last couple of years. all your pipe dreams are not going to happen whilst betts remains in charge. he is incapable of running this company effectively - simples.

Has this not gone bust yet? Just a matter of time. Desperate 4p placing coming imminently IMO.

It will be a placing

Rainy season in Mali is July - Sept inclusive. This is always given as an excuse by Betts for poor performance, so there is next to no chance of Yan upping production during this period. In fact it is likely to get worse so another quarter of losses at Yan looks nailed on. The situation is looking dire.

Hum will go under unless Betts stands down. He clearly has no idea how to run the business successfully.

4p placing coming soon IMO. Avoid this dog until financing is sorted.

Shareminator, yep but with the rainy season happening they will, in all likelihood (based on past performance) fail to hit targets!

' Yanfolila: (2024) Updated guidance to 65,000 - 75,000 oz at an AISC below US$1,600 per oz following a weaker H1-2024, focus on delivering on the H2-2024 weighted mine plan and operational initiatives currently being implemented.' How does Betts possibly hope to achieve this? Aisc in H2 2023 averaged $1700 and we have just had Q2 aisc at $2500. Production is falling so aisc will rise. He appears to be plucking numbers out of thin air. Two hopes of achieving this - no hope and Bob Hope.

Laura if you believe anything Betts says you need your head tested. He has a long track record of saying stuff that doesn't happen and on some occasions what transpires is difficult to comprehend given what he has promised. As this gets nearer to collapse he will probably up the guff even more as he gets more and more desperate.

Furthermore the necessary drilling and resource expansion is going to be severely curtailed given the lack of money HUM has. This is a disaster.

How can anyone call Yan a good asset? It has been a disaster. Kou also appears to have been over rated by HUM. This is heading for a placing shortly and at what price is the question. I suspect around the 4p mark as the risk here now is massive. Betts needs to go.

Got to say Bushy it is you that is looking the Knob now fella. Been hopelessly wrong about this for a long time.

So Yan produced 12065 oz at an aisc of $2598. The gold was sold for $2075 per oz due to Bett's genius hedge. So effectively Yan lost $6.3 million in Q2. Nice one!

Seriously?! So Betts has just admitted to Zac that nameplate will be achieved (hopefully) in Q4 having just this am put out an RNS saying by the end of Q3?! I revise my forecast - it will be Q1 2025 now.

Bob if you don't think they will fail then obviously they won't!! Lol. Why buy now when you could pick some up at about 4p in the placing that is just around the corner?

Mostyn, HUM presentations should be called Jackanory. All these forecasts are simply wishful thinking. What's the betting that KOU is still 'ramping up' in Q4?!

The only hope here is if Betts stands down. He is totally out of his depth. If he stays this will go bust.