Member Info for TheOracleofOmaha

"What I meant is I value it at 220 if I was going to buy"

hahahahahahaha brilliant, you only just realised that's what you meant in hindsight after weeks are standing by it. Not pathetic at all (facepalm)

Also..............

Burt777

Posts: 188

Price: 278.40

No Opinion

….30 Jul 2025 21:42

Painful drop tomorrow in store , metal prices tanking , Bpat sadly I don’t agree with you , good luck in your investment. Sadly HOC is another one of those banana skin companies.

Avoid until s better risk ratio presents itself

*As of end of trading 31 July Hoc share price actually increased to £2.788, not exactly a "painful drop"

"i made my view clear and don’t need to repeat myself."

"i still think this should be 220 in all honestly"

"good luck with your investment i am sure you will do well here over the longer term"

joker.

obviously your right bpat i would praise you but i don't want to insult your intelligence for getting something so basic right. my hopes are when half year comes with mr guidance inline with the 65-70k and companywide around 330k, that burt and sotolo will stop ****posting clown comments. burt is shameless so will carry on like the shameless narcissist that he is. but hopefully sotolo's self-respect will leave him too ashamed to ****post clown comments.

Everyone but sotolo ignore this as isnt a hoc post

Yes please resist. Gramps, idk what counts as social media in your eyes but ive never had accounts on any of the meeseeks ones (which are what folks my age would call social media, one-to-many). But bless your little heart worrying about those algorithms and portable telephones, my gen will be just fine. Well most of em will work till they drop cus your generation was happy to vote public deficits,pay-as-you-go on a known demographic imbalance, etc. But i'm frugal with an insane average roi last 7 yrs so ill join your dying gen in their crocodile tears for my young and burdened generation. A 20yr old can put down a phone if its this dangerous vice, that cliché old folks think it is. They can't necessarily put down a deposit on a house thats 4× their typical salary (such is the long term debt cycle). *only very partially fault of you boomers tbf.

I'm an internet stranger so you have absolutely no reason to believe anything extraordinary i claim to be true. But boy are you the type of pretentious chap that makes me want to brag about something 😏

We owe it to one another to eat humble pie who ever is proven wrong and to seriously address the overconfidence. I'll be gracious and will provide reasoning if it goes the way i think it will.

Reading dumb things annoy me, i dont like it, whereas mocking dumb things i enjoy. Hence i respond mocking you, I give new users a chance and am sensitive at first, but if stupidity is repeated, then i mock. This wont change.

Burt777

Posted in: HOC

Posts: 166

Price: 235.20

No Opinion

…10 Jun 2025 13:55

The drop I can assure you is not overdone

Significant questions exist about issues at Brazil and its a case of multiple issues there.

To say it’s ok as it’s still in the ground is one of the weirdest ways of looking at it ever !

At best they will break even on Brazil this year , the SP reflected Brazil would contribute around 150 million more profit.

So put that on a multiple then 300 million off the share price is about right.

It isn’t returning to the SP anytime soon and the SP got ahead off itself to boot

So I expect 220 area is where it will settle unless gold rides up 100-200 dollars per oz

Ok clown, dont speak with your mouth full.

To translate for others, from shameless-charlatan to english. Burt just said "yeah I'm a clown that confidently gave price predictions that very quickly proved materially incorrect. Although im shameless so I'm claiming i wAs RiGhT even though its literally evident that i wasnt. Since im painfully shameless, I wont learn from making a tit of myself and will make specific numerical predictions that can be verified to be wrong in the future, so ill have some more of my humble pie next month with half year results"

If we end up producing 50k full year at MR i will apologies for my arrogance. If we only produce 60k at MR i will eat humble pie publically on this forum (altho be annoyed if reasoning was held and not given in support of the 60k). I think next month the guidance for MR will be 65-75k with the internal expectation to hit the top of that guidance. As missing REVISED guidance brings big question marks in term of credibility so they'll lean very conservative.

Hahahaha 15 years and your still spouting obvious non sense. Mining isnt exactly the hardest industry to understand not sure what anything past a hundred hours is really doing for you.

"I do think HOC will move up in 3-6 months in anticipation if metals stay high but for now it will trade between 250-300" only a few weeks ago where you confident the fall was "not overblown" and the share price would settle at £2.20 (which it never reached let alone settle) now your saying £2.50 to £3. Excuse me haven't you go some humble pie to be eating???

Plant aint 'down for months", its partially down for a couple of weeks. Now eat up your humble pie big guy cus your gonna have your plate full of it again after half year proves large operating cash generation and MR updated guidance isn't 50k hahahaha.

Burt do better, its embarrassing.

Pathetic burt.

"So with all the best rose tinted glass’s in the world Brazil might scrape 50,000 oz max " They have already produced 28.5k. If you bothered to read (altho come to think of it, i'm not sure you have the cognitive function to do that) the report you would know this. If you bothered to listen to the call then you'd know the only current problem at MR according to Mr Landin is the tailings. (Thankfully h2 is dry season)

So to say "with all the best rose tinted glass’s in the world" they will produce only 21.5k in 2nd half of the yr is laughable, you silly clown.

Be careful in August when(/ if you bother to read) the interim results and see the cashflow from operations isn't 0. We wouldn't want you going into cardiac arrest. Then again you struggle with numbers so might not comprehend the meaning.

Any comments on you prior post?

"Burt777

Posted in: HOC

Posts: 150

Price: 235.20

No Opinion

…10 Jun 2025 13:55

The drop I can assure you is not overdone

Significant questions exist about issues at Brazil and its a case of multiple issues there.

To say it’s ok as it’s still in the ground is one of the weirdest ways of looking at it ever !

At best they will break even on Brazil this year , the SP reflected Brazil would contribute around 150 million more profit.

So put that on a multiple then 300 million off the share price is about right.

It isn’t returning to the SP anytime soon and the SP got ahead off itself to boot

So I expect 220 area is where it will settle unless gold rides up 100-200 dollars per oz"

FYI Burt managed to pick the bottom when he posted this arrogant gem of a post. By all means check the share price chart from 10th June onwards. The day of the post the gold price was $3324, so $50 increase short of $100-$200 yet share price isn't £2.20 is £2.896 and I bet with time the post becomes even funnier. Burt do better.

"But add in Brazil and remove the collar and this makes 100 million a quarter" That doesn't come to 100m a quarter

"Currently valued correctly I’d say" immediately contradicts prior statement, as the hedges only go up to 2027 and are a small fraction of production (at a profitable prices) and CEO saying MR will return to normal production and costs next year. In what world does a 400m pre tax business (understated as you seemingly cant do arithmetic), with production expected to increase significantly, justify a £1.4b valuation?

"when it makes no money and other miners are printing money" what are you on about? cashflow from operations where £320m last year when the average realised gold price was $2,345. We'll obviously see in august with our half year that our mines (operations!!!) are making loads. How could any one doing even the slightest bit of due diligence expect anything else?

"HOC slip wildly off plan" what are you on about? Hoc will miss around 30k from its original MR guidance, meaning it will miss its initial business wide production guidance by less than 10%.

IDK why they dont seem to upload Q2 calls to their website, but below is the transcript.

https://www.marketscreener.com/news/transcript-hochschild-mining-plc-q2-2025-operating-results-call-jul-23-2025-ce7c5cd2de8bf624?utm_source=chatgpt.com

Some useful insight on call that you don't get just from the production report:

1. Mara Rosa wet season issues being a one-off "I mean, we are doing everything in our hands to make sure that we will go back to the original situation where we could reach a cost, let's say, close to $1,300, $1,400, that should be the cost that an open pit operation should have. So I mean, my expectation is to solve all the problems that we have at the moment that we are doing that. And for sure, for next year to have a review and all the measures to make sure that we go back to a normal cost."

2. Seems like capex on Mara Rosa might not be very significant at all??? There will be costs for consultant and hiring of expert positions. Of course it is the delays/ disruptions that will be what brings the average aisc up for the year (point 1, only for this year whoop whoop) - "Well, to give you some sense of -- I mean, a similar to cost between $2 million and $6 million install. That's a ballpark for the thickener"

3. Probably already known by most but San Jose relative to season is on track to meet guidance - "Yes, typically, our second half of the year in San Jose was stronger than the first one, and we expect to see a recovery on grades in San Jose, so to achieve the guidance"

4. Despite the fear mongering by some in these forums, the mine ore access has returned to peak levels (given we are now in the dry season) - "Well, I mean, the contractor is performing very well. We have been able to reach between 70,000 tonnes per day to 80,000 tonnes per day which is an improvement from two months ago" (he meant to say 7,000 and 8,000).

A valuation below £1.5b is just plain silly.

Call not up on website so haven't listened yet. 6-9 months, I can't take your word for anything but if true the thicker tailings will be installed before next wet season.

tldr - something about you projecting on younger generations nothing cliché there im sure. Cant say I care for you generational psychoanalysis, sigmund oedipus freud, but I wouldn't chose to interact with you in a pub and if you approached me talking your silly non sense I'd mock you to your face, as is might right.

Glad you've upped you expectations by 10k, sure it wont be the last time, then of course in hind sight you claim you got it right, once adjusted and after the fact (facepalm)

Its an expected but reassuring update. 10% increase has decreased discount from intrinsic but still has some distance to go before I can reallocate capital else where. Still a 10% rise in a day is always nice (providing you've had chance to invest the capital you wanted deployed in the entity). I'm happy on 200k+ shares but I think I'd be doing cartwheels at 500k+ shares. Perhaps thats why sotolo has gone quiet...

“Folks I’m a bit of a noob when it comes to PM mining, can you help me.” some nice intellectual honesty from me, shame little help from sotolo was given. I still consider myself a bit of noob (not understanding aisc rules/standards; the magnitude of drilling data; opex project timelines; ect), I'll keep learning as is the incentive.

What I wont do is claim £2.30 is fair value whilst the business is trading at £2.60 per share and hold it for "sentimental reasons". What I wont do is claim (and amazingly brag!) that I correctly predicted an 80% fall in share price, whilst of course holding my position for sentimental reasons.

Haha just as expected by those of us with brains and not Mr-sentimental-investor sotolo. Keep spouting "costs of above 2k" without giving any breakdown of this increase. By all means takes us through your maths.

I'd guess $1850 aisc and im leaning conservative. Altho again would stress im not confident in this guess as ignorant on the accounting standards with aisc. Such a jump up to over 2k wouldn't make sense to me (not that sotolo isnt comfortable confidently spouting it over and over without explanation). Unless much larger than expected capex than budgeted, that is for some reason expensed over a short time frame such as 1 year then I dont see how aisc would reach 2k.

161k geo in the historically weakest half of the year with MR wet season teething problems. Sotolo do you still think hoc will only do 310k geo. Meaning the strongest half of the year we will only do 149k (madness haha)???

Decent numbers. Idk what your reading punter. Mr guidance was most likely gonna be given in half year. They always lean cautious.

Monte with so nice drilling to

Discounted cashflows from now to judgement day.

If buffet cant predict short term fluctuations, then i certainly can't. If you can buy it 20% cheaper tomorrow great. I'll "risk being in it over night" cus I'm not selling something more than a third below its conservative intrinsic value.

I could put in an offer on your house 20% below what you paid for it tomorrow, doesn't mean you should be booking a hotel tonight.

Are you of the belief that valuation should just be a set multiple of current year earnings?

Sotolo you said it was fair value at £2.40 why do you hold you 500k plus shares? oh yeah sentimental reasons. :-|

Lets hope he doesn't chicken out this time round. Bbb already passed, maybe just maybe, he holds out this time.