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I assume they’ll get the same if not better deal with Coris bank again. This is from 2017 & we’re in a much stronger position now. $60m total loan but taken out at different times. If pog improves then the second amount will reduced.
“ US$35 million balance drawn from Debt Facility with Coris Bank International
· Follows initial US$25 million drawn on 11 April 2017”
Ok volume today but the last week has been poor. Think it’s slowed down sustainable’s exit but they can’t be far off after today.
$35million by year end is a decent chunk towards the new mine. They might only need a $30-40million loan?
So let me get this straight. With the transfer of Cassidy shares complete we have bought a brand new mine with an original value of 28p per share and we’re currently at 21p. That’s 25% discount for us atm. Time for this to move up next week!
19th July 2018
2nd Aug 2019
5th Aug 2020
So anytime in the next 10 trading days is my guess.
Big jump in bank balance expected due to paying off the final £4.6m (normally £8+m a quarter). We’re now 2 weeks into our first ever producing quarter without debt repayments. Gold bounced off it’s lows!
Welcome: Asian Investment Management Services Limited
New TR1 and not a company that was on the previous list (See below)? Did they buy the rest of Sustainable to make such a jump as we did not get a 2.5%?
OLD LIST FROM APRIL
Ownership - Name - Shares - Current Value - Change %
8.17% Ruffer LLP 32,063,103 £6.2m -4.48%
3.79% HBOS Investment Fund Managers Limited 14,884,153 £2.9m 30.33%
3.66% Jupiter Fund Management Plc 14,372,794 £2.8m -16.06%
3.57% IG Group Holdings Plc, Asset Management Arm 14,029,267 £2.7m 56.16%
3.44% M&G Investment Management Limited 13,500,000 £2.6m 0%
2.87% A J Bell Holdings Limited, Asset Management Arm 11,269,291 £2.2m 81.54%
2.33% Sustainable Capital Ltd 9,153,454 £1.8m -46.61%
2.2% Barclays Bank PLC, Wealth and Investment Management 8,643,111 £1.7m 7.62%
1.94% Standard Life Aberdeen plc 7,604,510 £1.5m -24.92%
1.93% Charles Stanley & Co. Ltd, Asset Management Arm 7,580,609 £1.5m 196.81%
1.75% Cartesian Capital Group, LLC 6,880,000 £1.3m 0%
1.73% Interactive Brokers Group, Inc., Asset Management Arm 6,784,941 £1.3m 49.81%
1.65% UBS Asset Management 6,477,689 £1.3m 18.91%
1.63% Schroder Investment Management Limited 6,394,344 £1.2m -46.87%
1.34% Smith & Williamson Investment Management LLP 5,273,113 £1.0m 2.25%
1.34% DZ Bank AG, Asset Management Arm 5,248,335 £1.0m -19.94%
1.31% AIMS Asset Management Sdn Bhd 5,150,000 £994.0k 0%
1.24% Libra Advisors, LLC 4,855,000 £937.0k 0%
1.24% JPMorgan Chase & Co, Brokerage and Securities 4,851,000 £936.2k -9.26%
1.18% River and Mercantile Asset Management LLP 4,637,705 £895.1k -19.34%
1.16% Daniel Betts 4,554,048 £878.9k 0%
1.14% Bank Julius Bär & Co Ltd., Asset Management Arm 4,457,454 £860.3k 0.27%
1.12% Hosking Partners LLP 4,412,118 £851.5k -3.24%
1.1% Acadian Asset Management LLC 4,301,195 £830.1k 82.93%
1.06% Equiniti Group Limited, Asset Management Arm 4,176,181 £806.0k 38.25%
Source: simplywall.st
He did reply to that question. https://www.lse.co.uk/SharePrice.asp?shareprice=HUM.GB.PL&share=Hummingbird-Resources-Plc
Could be a perfect mini storm ahead over the next 2 weeks. Increase gold run, good Q2 production results with a nice decrease in AISC with Sustainable finished.
Surprised by the volume last few days but not long to wait now.