Member Info for Slickharry

Dollar strengthening against CFA - should improve our buying power.

Re-read they are explaining the cash movement, trading period loss. Cash and profit/loss are two different things

Cash flow timings - vat assume they file quarterly and as for working capital movements - this will be timings most likely on trade debtors and creditors receipts and payments

All above board and no profit and loss impact - purely cash flow.

My take, fwiw, Matt is only talking about delisting to scare shorters into buying back stock on loan. If you read the article he mentions the impact of short selling on the share price a lot.

Well I certainly wasn’t expecting that performance!
Let’s hope Q4 saves our bacon else that is an extensive year of losses.

I personally think AISC will come in at top end of range, due to fuel price rises in Q3. Thus our margins getting squeezed, I hope to be wrong with my 10k holding. That said, I’m in here for long term so doesn’t really matter.

Plenty of information and regular updated investor presentations on their website.

Read the presentation on their website.

I cannot understand how the market fails to value an asset of this magnitude so poorly in our mcap. Yes it is only 50% ours post earn in, but the cost saving realisation here alone and profit potential thereafter is huge. All being well in phased start up of our project timing we should be generating enough ebitda/cash flow to secure a further loan with 2 mines to fund capex share of 200m USD. In three years time things could be oh so different!

Yes I saw this too

Pure Speculation - IMHO DB is a great leader and getting all key personal involved in media interviews lately supplements their media drive. Our time will come.

Dan has stated no equity fundraise is necessary for Kouroussa with be funded by debt and yan free cash flow.

Re: Dugbe - I imagine pasofina and hummingbird will continue to prove up resource and then farm down their interest to a major as neither has the market capitalisation to fund the capex required for such a large scale project. That is what I’d personally and see it all the time in oil sector.

Madness this valuation right now IMO - given projects in situ, rising gold price, stable dollar, great PR to back up recent solid RNS’s - not sure what more the board can do! I suppose “good things come to those who wait” has never been more prevalent! Hopefully Q2 update for Yanfolila blows this share price up

Nice! So through mutual association they know people at huge mining company endeavour - not imminent and purely speculating, but who knows one day we could be bought out for our SMO desirability

Hey Two Goals

We know about AISC - it has gone up as we are at the high part cost of sustaining mine performance and will reduce back down, plus production levels have fallen so costs get spread out against less ounces sold - hope that helps!

Dan took the decision manage mine to blend ore now with gold price so high, should it decline we’d have a buffer in future years - good management in my mind

But, Naturally AISC will always rise with consistent production as YOY cost inflation ie staff pay rises, fuel etc and so on. Hopefully gold price follows trend in normal times.

Deutsche Bank sees $1,850 spot price by mid 2022 - I’ll be happy with gold hovering around that price over next 12 months - would allow for high consistent cash flow generation from Yanni

https://www.kitco.com/news/2021-06-29/Deutsche-Bank-see-some-moderate-upside-in-gold.html

Excellent podcast - great communication in-line with permitted regulations, being open and honest as always. People may disagree, but I personally think Dan has/does a cracking job and his strategy will soon bear fruit for shareholders in next 3-5 years. In the words of take that “have a little patience”

Huge forecast there. Look forward to the updated MRE later this summer. I assume we will farm down our ownership % to a major in order for them to fund capex. Better to have a little slice of a big pie than a big slice of a little pie - oh wait Mali works too. Another strategy of DB looking more likely at paying off day to day.

It is only down today because it has gone ex div

It has gone ex div today - hence reason for the drop.

Let the market catchup - personally I’m enjoying adding at these levels.