Highland Gold Mining Ld Share Discussion Threads

[penfold6] 20/11/2017 17:34

sp angel

• Conclusion: Updated JORC reserves/resources come broadly in line with previous 2014 GKZ estimates (16,690kt at 3.59g/t AuEq) driving modelled grades in line with ROM grades. Previous JORC grades were inflated through mining dilution adjustments as mining operations delivered lower than modelled grades.
• Currently in development 1.3mtpa processing plant and mining operations expansion programme scheduled for commissioning in 2019 will accommodate higher ore tonnages helping to maintain production at 120koz on our estimates.

[...]

[fenners66] 20/11/2017 10:41

The decline in in g/t means that despite more gold bearing ore being counted it will cost much more to extract and margins will decline, yes by increasing throughput and trying to get some economy of scale they will mitigate some of the effect - but if cash costs for extraction rise that makes the output that much closer to reacting to any downward gold price movement.

[pitball] 20/11/2017 08:22

Live gold 1292.08

[pitball] 20/11/2017 08:12

Thanks penfold yes when you look at it like that it's old news. I think I might have to diversify my portfolio everything in this isn't good, although hopefully we can move back up to 160

[srpactive] 20/11/2017 08:08

P6

I think the gold price is of interest, very strong move
on Friday, a challenge of $1300 would be most appreciated, dyor.

[penfold6] 20/11/2017 08:05

the upgrade of the plant from 800kt to 1.3mt has been planned for ages(and rns'd many times) as they expected the grade to drop. so old news and inline with company expectations.

another 800k oz au eq added to reserves.

[garycook] 20/11/2017 07:54

PB,Not sure.See how the Market and share price react today !

[pitball] 20/11/2017 07:50

Lower grades GC or am I reading that wrong? I do hope so I'm looking for good news not bad

[garycook] 20/11/2017 07:45

Pitball,Why is that explain ?

[pitball] 20/11/2017 07:41

Not looking good

[srpactive] 18/11/2017 17:20

Pfc and Aramco talk I would have thought.

[garycook] 17/11/2017 23:24

srp,a good day for you with LAM.Why the 12% rise today ?

[srpactive] 17/11/2017 13:56

Gold zipping now, $1290 next hopefully.

[srpactive] 17/11/2017 10:02

Gold and hgm share price moving nicely through
resistance levels, hoping for a challenge of 155p
very soon. As I have mentioned I feel news on
updates very soon, dyor.

[srpactive] 16/11/2017 08:11

GC & F

Thank you, this is turning into another good thread like gvc.

[fenners66] 15/11/2017 21:56

A 6% yield seems a lot more manageable than the current advfn financials page at 9.19%
So I guess we are agreed.
That 6% is probably a little higher than when I looked as the share price has dropped back from when I did some research, perhaps I should take another look.

[garycook] 15/11/2017 21:22

fenners.Regarding CEY.I read its 30% of FCF.So worked the dividend out, at GBP/USD 1.32 at around 8.2p,which would be a 6% yield.Sorry to be off topic with HGM posters.srp,If you are looking for very good value atm.Look at CNA,GFRD,GSK,ITV,& PFC.All at near 52 week lows,and recently purchased by me,but DYOR.

[fenners66] 15/11/2017 21:02

Gary - I looked at CEY a few weeks ago read the accounts etc I think last years dividend may prove to be exceptional and not sustainable .... I could be wrong but keeping my powder dry so far

[srpactive] 15/11/2017 15:57

Probably right, I used to have a large holding in vod, but moved
it on years ago at around 230p.

I will endeavour to keep digging, thank you.

[garycook] 15/11/2017 15:48

srp,Too much dead wood in BT.Debt,and Pension liabilities,better off with VOD.But now maybe too expensive.

[srpactive] 15/11/2017 14:28

News soon I reckon, dyor.

[srpactive] 15/11/2017 10:12

Well done you two, I am keeping my eye on BT.A decent dividend
if kept, dyor.

[woodhawk] 15/11/2017 10:09

Bought some CEY too this am - looks good for a few pence!! Still in HGM and just added some GSK for 6% divi.

[garycook] 15/11/2017 09:54

srp,All good here.Thank you