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DB, if you dont believe HUM is reaping in the rewards from the high gold prices, then im afraid there's no hope for you,
your prob best to stick your cash in premium bonds , who knows you may get a lucky strike?
Gold is on a rising trend ATM take a look at the charts!!!!!!
Gone up over $200 an ounce this month, whilst its still in the ground it has become more valuable, i suppose there's a positive in every negative while the trucks stand still the assets have become even more valuable, ??, not sure if the increase in gold will more than cover the interest payments , but a $200 increase in the price will certainly have a very positive impact once they start to dig it out
Will have been on the ground this week , sorting out their indifferences with the contractor's , which will remedy the problems and get everyone back on board to produce and get the gold out of the ground,
its probably taken a little longer to sort out as guarantees of payment would have to implemented, imo
the plant is built, and needs the stock to deliver, the Contractors wont just down tools forever they want paying and to be able to continue in employment,
The deal will be done, RNS will follow soon enough,
Committing to keeping cuts in place, great news for JSE and other oil Companies, keeping the price steered towards $90 oil price.
ive posted strong buy, however no one can buy while we are locke out, a significant re-rate will be on the cards when announcement comes, Imo
Were very happy to wait for how long it takes, ?? summer 2024 if need be, i am happy to wait for any update , will be best for shareholders if we get AKATARA up and flowing before we open up, should put a rocket under the Sp,
my message to Paul
"Take as long as you like", my shares are already in place!!!
Approaching??, if it stays around the current price for a duration of several months, JSE could be turning over $600-$700 Million this year, the forecast charts of the Company may have to be re-drawn
looking forward to the next update on AKATARA, must be getting close to first gas flows.
Iraq has estimated to lose around $14 Billion in lost revenue this year according to my Calcs,
they have announced $36 Billion, if they had settled the dispute with KRG this cold have been much closer to $50 Billion,
the Ordinary Iraqi, will lose out due to this lost revenue which could have built so much infrastructure .
A Year Lost,!!!!! cant buy back time