Member Info for Slickharry

Why on earth is this dropping?.. I can only assume it some how linked to political risks around Niger-ECOWAS events.

Despite being guidance, it’s the AISC for Yann for 2nd half of year, at $1,700, not far off being loss making that I feel has hammered share price today. All good trading new is weighted in results earnt YTD. H2 is essentially a loss. Granted have Kour H2 but we have no idea what cost per ounce it is being produced at - assume loss or break even as we ramp up. Thoughts?

Yeah, I’m not convinced - drop of 20% QonQ - plus we go into rainy season in Q3 and coupled with fact now drilling different pits - interesting AISC is predicted to hit 1,500 which means low ounces produced in h2 or cost of new mine drilling is expensive when average h1 $1200 and h2 together. So what $1700 for H2 ?? I hope they are underplaying it.

I’m really looking forward to next weeks update. They never RNS to advise upcoming update, so expecting a good one!

At current gold prices, at kouroussa based on project costs, a net gross margin of circa $900 x 140,000 ounces for 2024 = 140mill - they will be just fine :). Hopefully some cake for us all too then.

Interesting views from the majors too. Almost like part and parcel of business and always room to talk there. No immediate concerns here. Plus Yann is a smaller peice of puzzle now we have kourrousa

It will re rate and catch-up, early days. First chunk of THG investment is now yielding £1.8m of profit from original 54p investment. The other CFD investments are in profit too, if the board have not been trading up and down to generate cash for a year end dividend. Would be my expectation. Can see they are recruiting an investment analysis so expect recent fundraise to be spent soon. In meantime will be getting circa 4.5% return in bank. Patience is required here.

I think drop is due to UN peacekeeping mission now leaving Mali voted Friday last week. so political risk etc has heightened . I may be wrong.

I calculate they are up about 55% excluding CFD on their original investment which is about £1.5m at current market value. Looking forward to seeing where they put recent fundraising cash.

With interest rates rising - they’ll be making £10k a month alone on cash held, before they make their next investment of course which should be covering adhoc monthly overheads id have thought. Feels a good place to be invested right now.

I’m looking forward to seeing where they spend the next 3mill just raised. as the first £3mill into THG is currently up close to 50%. I’m guessing boohoo, with the recent board appointment of John!

Deferred taxation movement reflected historic tax losses utilised by EPL levy.

IMHO - clever market manipulation forced the bid RNS, MM has golden share so no intention of accepting, it’s purely a pump and dump same as before by the powers that be. The amount of info on their presentation suggests to me that they are listed for here for the long haul with an ingenuity spin out in due course.

If you look at websites coming onboard, plenty of salmon too.

That % would just be fulfilment - the full suite of services I.e like Maximo is about 60% margin from what MM has reported in the past.

Had my cheque too.

I have had prompt replies from management at Octagonal.

Imagine they are holding back cash in lieu of share buybacks, day to day working capital and future growth plans following US operations withdrawal last year

I think it’s because of Canada rate of CPI dropping - they paused interest rate hikes - markets gauge of other economies and policies in light of banking issue perhaps as we pivot towards a reduced peak, stagnant or possible cutting interest rate environment in the quarters ahead

Softbank investment fund with European tech holdings got liquidated I recall as they amassed huge losses across the board in 21/22 - ultimately were distressed sellers across their portfolio of stocks to recover cash at Mayo’s instruction got forced by him

All these new partnerships announced recently, and now reconfiguring of autostore partnership - we will definately look back on these as a turning point I am sure for ingenuity growth and self sustainability in time. New model suggests high volume driven growth incoming to me.

Just bagged myself some Hotel Chocolat layer bars on app only deal, with free delivery, for absolute bargain price of £5.87. Thought how on earth are we making money here! BUT also bought two t-shirts at full price whilst browsing that wouldn’t have normally purchased - oops lol. Epic loss leader deals. Truth be told, they do some great app only deals that keep suckering me in and leading to upsells. I don’t go anywhere else now. I thought I was a tough cookie to get money out of. Between this and all there influencers I follow on instagram, realising I am fast becoming a my protein marketers dream. Probably not the only one on here right ?