Member Info for Slickharry

Apollo provided additional funds to SoftBank for investment capital and opportunities today and article suggests appetite will continue to grow from both parties. Bodes well for our upcoming SoftBank option.

Imagine fall this morning is linked to the Tech sell off in China - as omnicrom variant rips through parts of China.
Value will out over the long term.

Think we need to lose the idea that we are a similar company to boohoo. THG Ingeniuty is the way forward, board know it, SoftBank know it, hence why they are spinning off retail divisions via an IPO. Patience and foresight will be rewarded.

Hotel Chocolat reported booming US and Japanese sales figures today - correct me if I am wrong but aren’t they a customer of THG Ingenuity?

I like the fact Anthony will be on site for most of 2022 to oversee improvements at Yan, and oversee K , being a mere one day travel away - good synergies.

Re-iterated multiple times they have ample liquidity to carry us through this current development period. With 180m cash being generated in 2023 based on Kouroissa startup - think we will be fine lol

We may use Coris for loan funding and guarantee the loan based on kouroissa cash flows? Thus removing need for equity dilution of our stake.

Excellent clip - really simple language used for maximised project understanding. Seem like an experienced management team driving that project forward at great strides… I know Dugbe has been considered the jewel in the crown for many years by Dan - I have submitted a question to understand what % of pasofina HUM will hold once 49% of the project is earned and we transfer our 51%. Interestingly the Elan investment looks primed for further investment perhaps to help fund the mine development.

I am encouraged by their statement of goal to get ASIC below 1000 when we mine long life underground area, Bodes well for future. So not all bad given we knew about everything else already I think. Let’s not overlook huge progress at K and D either.

We know 2021 was a difficult year, especially Q4. It is all there in black and white in prior RNS with full transparency - hence share price at current valuation. The outlook (and performance) for 2022 is what is important now with operational and political issues at the fore and how will we navigate through these turbulent times. Mine made vast money before 2021, we have nigh on 10 years worth of reserves and will no doubt return to vast money. Patience and luck, as with anything in life.

Why does production drop off in 2022?

Hardly a mixed bag - they achieved market consensus sales estimates and performed well in advance of original IPO targets. Well done all at THG for staying quiet and cracking on whilst having considerable noise around you. 2021, completed it mate.

Alternative view is that business invests in young promising talent, as they are the future in an ever changing tech environment. Doesn’t always have to be negative in my experience.

Gold breached 1,800 USD last night
Despite gold rising, USD still trading well against CFA
Positive signs running into 2022 if we can get Yan back up to full operations (which I believe we will)

Spoke to IR and my dividend is being paid out via cheque in post.

Well that should certainly give us a bounce!
Great grades, well done team. Here’s to Another 20,000m drill results like that.

Wonder if we invested - tends to be our model, pre buyout further down road!

Good to know we have the backing of the Mali government - they do own 10% afterall.
I enjoy reading all the ESG tweets from Hum operating in the local areas and making a difference for all stakeholders.

This RNS is the latest in a series that proves the boards strategy is paying off of slowly growing the company one step at a time. The market WILL wake up sooner or later.
A new 7 year mine life to generate significant cash flow at Yan certainly supports that and it doesn’t include this years drilling - just fantastic. I look forward to Dugbe DFS next year, this will be the cherry on the top of the cake!

I really don’t mind, allows me to continue with my small accumulation!