Member Info for twogoals

Nice £120k buy popping up from earlier. Jeez, this is going to fly once sustainable is done.

Come on Dan, pick up the phone and do a deal with them. You’ll hit your 60p bonuses in no time. You know it makes sense!

Back of fag packet (please correct my figures).
25,000 x $900 profit = $22,500,000
Plus $2m (Dugbe) + $4m gold waiting to be sold.
Add that the $6m in cash = $34.5m.
We had $26m debt left?

Even with smaller production figures of 22k we should be over the magic line?

Dan sounded upbeat in the last interview I listened to. Stated no issues etc.
I think this comes next week and we will get a nice rise into it this week.
Has anyone got any figures on whether we announce we’re net debt free?
Surely with the Dugbe money, paid down debt to sub $20m we are?
We had $6m in the bank last time after spending a lot in that quarter on supplies. Surely we made more than $18m with them high gold prices?

*net

Agree, I’m sure it will appear in the Q3 update arriving from the 19th onwards.

It won’t shift the SP so save the money on the RNS and wait until they release some good silver drills.

If gold behaves itself this week we should get a nice rise this week. Good production figures following the drilling update should be a nice catalyst.

Do we finally announce that we’re next debt free in this Q3 report?

So after the loan conversation HUM will have 9,625,837 shares which is about 10% of BH.

BH raised $20m in August so they’ve got enough to now get on with quite a bit of drilling so fingers crossed we find some silver.

This was the last update on BH in April.

Bunker Hill
“On 26 February 2020, Bunker Hill Mining Corporation ("Bunker Hill") (CSE:BNKR), announced the closing of the first tranche of a placing of up to C$4,000,000 at C$0.56 per Common Share (the "Placement").
As part of the Placement, Hummingbird has participated in the quantum of US$600,000, split according to a US$300,000 cash investment and a US$300,000 conversion of the Loan (as defined below), equating to a total subscription, all at C$0.56, for 1,392,857 Common Shares.
Following the Placement, Hummingbird holds 4,052,857 Common Shares, equating to an interest in Bunker Hill of 5.8 per cent, which at a current share price of C$0.73 has a approx. value of US$2m. In addition, Hummingbird holds 2,660,000 Common Share Warrants and balance of US$1.6m (excluding accrued interest) of the US$2m interest bearing convertible loan provided to Bunker Hill, as first announced on 19 July 2018.”

With the price of silver is about to rocket, this could turn out be a wise investment.

Looking forward to seeing these drill results.

Nothing to forgive. These message boards are all about sharing ideas and finding new information.

Pre Q2 update I was sure a divi was a likely option but the company updated me via email.

This is my no. 1 gold play for the upcoming precious metal bull run over the next few years. Looking forward to Q3 results very much!

Hi aprogerson,

Just an FYI we will get fined if we pay back our debt earlier so we will not do that. What it does mean is that we’re sitting pretty, net debt free with a lot of cash in the bank now. This is why an option to purchase sustainables shares on the cheap now before Q3 news would be a great move IMO.

The company also said it’s too early for a divi when I asked them. I think their main aim is to fully find the new mine which makes sense and saves us going back into debt. They will save a lot of money in repayments over 3-4 years. Unless another acquisition becomes available.

Sustainable's holdings went from 10.48% - 6.9% in 2 months between July- Sept. With increased volume going into Q3 I reckon Sustainable will be finished by years end (assuming they're selling all).
Someone mentioned the other day that HUM should finish them off and buy these shares from them directly. Would be a cracking investment and with all the cash they've got sitting in the bank. We would rerate to the 50's on that news!
Great drilling update must add another year or so with all the step outs!

19th/20th is my guess. I'm trying to buy as much as I can today on this mini dip!
I'm going for 45p spike and 42p worst case on Q3 results. I'll put an * incase gold decides to drop from here.

So you 3 legends keep coming back to a message board that you've sold out of last week trying to spook current investors. Bloody con artists!

Either got a short or are wanting a dip for themselves!

2 nice buys have just popped up from this morning. 2 X £13k buys.

KAT is sticking out like a sore thumb amongst my red portfolio today! Might grab us some special attention going into the weekend.

Certainly going against the wider market trend. Is something about to happen here? Some news next week on time as expected?

Jeez destitute. Is there just one music track on your album? Please press next or pause rather than repeating the same record!

With a pending drill programme at Haneti and Blyvoor advancing rapidly to financial close, the remainder of 2020 is looking to be a news rich period for all shareholders.
Louis Coetzee
Executive Chairman

Not sure. I just bought another £1k without any problems. Rude not to at this price and this close to news!