Share Name Share Symbol Market Type Share ISIN Share Description
Hummingbird LSE:HUM London Ordinary Share GB00B60BWY28 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -1.89% 26.00p 26.25p 27.25p 26.75p 26.50p 26.50p 608,678 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -6.8 -2.9 - 89.24

Hummingbird Share Discussion Threads

Showing 1526 to 1548 of 1550 messages
Chat Pages: 62  61  60  59  58  57  56  55  54  53  52  51  Older
DateSubjectAuthorDiscuss
26/7/2017
16:25
Thanks for the info. BTW where did "troll" come from??
zhockey
26/7/2017
10:26
rileyma 25 Jul '17 - 11:20 - 1366 of 1385 0 0 Terrys chocalate oranges Currently on offer at Morrisons for £1
charles clore
26/7/2017
10:17
This is why Dugbe is a no go for now.... Http://www.frontpageafricaonline.com/index.php/news/2698-liberian-senate-rejects-hummingbirds-resources-agreement I believe the Lady President is looking to get it passed this year from her speech at the beginning of the year.
substp
26/7/2017
10:00
Perhaps it is best not to feed our resident sceptic / troll zhockey, but here goes: Dugbe (in Liberia) is a large gold resource but a work in progress as a future mine. High extraction costs are indeed the problem. There is a chance that the World Bank will fund the proposed hydro-electric project, which would make a big difference. A long term higher gold price would also make a big difference. So would new finds of gold in the area. Anyway, I don't think any major decisions will get made about Dugbe until 2019. For now, it's all about getting Yanfolila into production and expanding the local resource in Mali. It's worth also adding that the IPO of Cora Gold (in which Hummingbird hold 50%) is seemingly scheduled for September this year.
bookwormrobert
26/7/2017
09:48
Http://www.miningweekly.com/article/golden-prospects-following-exploration-in-mali-and-senegal-2017-07-03/rep_id:3650
substp
26/7/2017
09:27
High power cost doesnt help which is 30% of aisc hopefully this will drastically reduce with the hydro power study
rileyma
26/7/2017
09:23
Is it low grade?
zhockey
25/7/2017
17:44
Why is the IRR on Dugbe so low when the resource is that large?
zhockey
25/7/2017
17:22
In all of this, it's worth pointing out that the current mine plan doesn't even include Gonka, which is the richest deposit of all at Yanfolila. The current priority must be to build the mine and get it into full production, but there are plenty of opportunities to explore further and extend the mine life in due course. For the more distant future, there is also the question of what to do about Dugbe in Liberia. There are 4.2m ounces of gold to be dug out of the ground there (so far).
bookwormrobert
25/7/2017
16:23
Typically oxide ore is richest at the surface, that's why the first year is above baseline.
zhockey
25/7/2017
15:35
In any scenario, production is not priced in at >27p!
darola
25/7/2017
15:09
All mining projects are designed where possible to process the highest grade material at the start of the mine life. In order to maximise the NPV/IRR of the project, Yanfolila is no different.
ukgeorge
25/7/2017
15:07
Yes Darola that's exactly what I meant!
jimbowen30
25/7/2017
15:05
I think the point is that their best year is conservative....
darola
25/7/2017
13:41
Being conservative by touting your best year?
zhockey
25/7/2017
11:51
As a reminder: the mine plan is based on the Reserve at Komana East and Komana West. ie Komana East Reserve = 471koz @ 3.18g/t from Resource of 809koz @ 3.03g/t Komana West Reserve = 239koz @ 3.06g/t from Resource of 506koz @ 2.44g/t Possible extensions are as follows:- Guirin West Resource of 74koz @ 1.98g/t Sanioumale West Resource of 138koz @ 2.03g/t Sanioumale East Resource of 62koz @ 3.04g/t Gonka Resource of 385koz @ 3.1g/t Kabaya South Resource of 85koz @ 1.3g/t Soloba/Koma .... no resource reported yet Chip
chipperfrd
25/7/2017
11:51
Zhockey It's called being conservative. The LoM will be extended significantly imo.
jimbowen30
25/7/2017
11:48
Chip, Thanks, a bit off to keep plugging the 130K IMO. They should state the lom average.
zhockey
25/7/2017
11:40
zhockey 25 Jul '17 - 08:19 - 1365 of 1366    0   0 They always mention the first year of production, but what will they be producing in year 2 and year 5? No guarantees of course, but according to their feasibility study the annual production would appear to be c. 93koz/year. Ore milled ~ 1m tonnes est head grade ~ 3.14g/t Recovery ~ 92.5% So (1,000,000 x 3.14 x 0.925)/31.1 = 93,392 The number of years that this level of production can be maintained is arguably more important and will rely on ore from resources that are currently not included in the bankable study. In my opinion a life of mine of 9-10 years is probable based on current exploration results. Presumably they will engage in a very active exploration programme to further extend the LoM. Chip
chipperfrd
25/7/2017
11:33
132,000 oz pa year 1, 107,000 oz. pa thereafter, LOM (refer to latest presentation).
andrewsr
25/7/2017
11:20
Terrys chocalate oranges
rileyma
25/7/2017
08:19
They always mention the first year of production, but what will they be producing in year 2 and year 5?
zhockey
24/7/2017
15:42
Has anyone seen any broker reports on HUM lately?
ukgeorge
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