Member Info for twogoals

Starting to look better now. Was a bit quiet this morning.

With the long weekend about to start, this could be the last day to get into HUM before news.
Golds peeking up this morning so could be an interesting afternoon once US opens.

Actually looking at the size of them, could they be a bed and isa? One's delayed from yesterday so most likely a sell and a buy. Infact I need to change broker (and go to spec savers), as they got a great spread!
As you were...

I just did a dummy sell @ £20k vol. and it's offering 23.61 so not sure why they got such a crappy price! They should change brokers or go to spec savers!

Not long until Q1 report next week.
Moved my portfolio around a bit yesterday to get me some more shares.
Bring it on.

"Cora: STRATEGY
Our current focus is on growing resources at Sanankoro through 2020 and H1 2021. If this programme is successful, we would look to move quickly into feasibility study work with the aim of completing a Definitive Feasibility Study (‘DFS’) before the end of 2021. We believe moving into cash flow as quickly as possible, rather than drilling out total resource potential, is the right strategy for the Sanankoro Project; once in production, we would then look to grow resources further.

In line with this, in tandem with one of our shareholders, AIM-listed Hummingbird Resources Plc, we are exploring the amenability of Sanankoro’s oxide ore to be concentrated to a level that would be viable for commercial trucking to its Yanfolila Gold Mine. Accordingly, a 350kg oxide bulk sample has been shipped to a laboratory in North America for testing."
https://www.rns-pdf.londonstockexchange.com/rns/9755I_1-2020-4-6.pdf

Surely HUM should be loading up on Cora shares at these prices.

No I did not. You're absolutely right! That's probably so say an additional 5-6% on that so would that make it more $4.5m improvement.
That's just on POG & $/£ changes.
Looking forward we could be adding oil change to that.
Looking forward to next week and trying to load up as much as I can atm.

A back of fag packet calculation on gold being 6% higher than Q4 would bring in an extra $3million this quarter. Cannot wait for the rest of the year when gold goes on a run.

A back of fag packet calculation on gold being 6% higher than Q4 would bring in an extra $3million this quarter. Cannot wait for the rest of the year when gold goes on a run.

If you have been selling paper gold futures & have an empty warehouse I’m sure you’ll be buying cheap physical gold atm.

Looks like deal is close with CORA if economics work.

https://www.rns-pdf.londonstockexchange.com/rns/9755I_1-2020-4-6.pdf

A nice gold run upto results next week would be great. I'm expecting it Tuesday or Wednesday next week so we should get a run up to then.

Jeez, that would certainly change the dynamics of bankable feasibility study!

The US Federal Reserve – central bank to the world - is turning Japanese. The Fed’s historic and unlimited stimulus and the political consensus to do ‘whatever it takes’ to replace collapsing aggregate demand will unleash the Great Commodity Bull Market of the 2020’s led by gold.

We believe the unprecedented fiscal and monetary stimulus deployed to fight the Covid 19 virus will push inflation higher, interest rates deeply negative and send gold over US$3,000/oz – compared to current prices around US$1600/oz - before the end of 2021.

https://mcusercontent.com/bcf952a3fa8185f9a112ba741/files/837ce41f-89ef-474e-9614-ff851e25fb65/FedGoesToTokyoFINAL04042020.pdf

What would that do to our margins!

The US Federal Reserve – central bank to the world - is turning Japanese. The Fed’s historic and unlimited stimulus and the political consensus to do ‘whatever it takes’ to replace collapsing aggregate demand will unleash the Great Commodity Bull Market of the 2020’s led by gold.

We believe the unprecedented fiscal and monetary stimulus deployed to fight the Covid 19 virus will push inflation higher, interest rates deeply negative and send gold over US$3,000/oz – compared to current prices around US$1600/oz - before the end of 2021.

https://mcusercontent.com/bcf952a3fa8185f9a112ba741/files/837ce41f-89ef-474e-9614-ff851e25fb65/FedGoesToTokyoFINAL04042020.pdf

“ so if it cannot create value within a global crisis i fail to see where actually shareholders will benefit here.”
I think you’ve hit the nail on the head here Lobon. This is not only a global crisis but the biggest one we will see in our lifetime.
HUM has been my hedged bet & now is the time for it to make statement on its future.
Share buy back would be great but I’m wandering if they can do that so soon after director purchases?

The Cora conversations are interesting so let’s get a deal done and put to rest LOM issue before gold prices soar. Dan/ Bert can nail that agreement which would be a great early cash generation for Cora.

Hopefully Q1 starts the run for us. Still cannot understand how we’re at 22p!

Thanks. I know we do not export it but it needs to get transported out the country by someone. I checked this morning and all surrounding countries are at not in lock down yet so Q1 should be completely unaffected by this which is massive.
As long as they continue digging, we should not be affected too much. As they can store a lot or ore for the winter Q3.

Looking good for no disruption in Q1.
Weird question but does anyone know what port we export out of?
Cannot find anything on the presentations or website.

Just reread the RNS. I think there was a hint of a delay in buy backs or divi's to stay in cash during Q2. Q1 is looking in the bag though. We will find out in 3 weeks.

ngnlnv - Maybe we should just put it all back in the ground and start again. I first got in this stock 38p! No mine, no second mill, crappy POG and no Cora. Just good old fashion debt!