Hummingbird Resources Share Discussion Threads

[croasdalelfc] 08/2/2018 09:51

FCF must be up to a run rate of $5m a month by now.132000/12 x 0.85 x 600 and rounded down to nearest million

[darola] 07/2/2018 21:00

Not enough to cover the balance of building a $100m mine. 7 weeks production is probably worth around $7m to $10m depending on how well ramp up has gone.

[charles clore] 07/2/2018 20:22

So would they not have sold any of their gold produced yet?

[darola] 07/2/2018 18:46

Contractors; wages and milestone payments probably....

[charles clore] 07/2/2018 18:21

Down to 30m dollars in the bank from 40m around start of production. I wonder where that 10m went?

[ukgeorge] 07/2/2018 18:13

Another positive was "have around $30M cash"Mr market is obviously waiting for commercial production and possibly a quarter of low cost production.Which although frustrating is understandable and does create a good opportunity to buy when the milestones are met. Time will tell.

[croasdalelfc] 07/2/2018 16:58

Bert says ramp up in production is all on track . Looking to pay down debt, increase LOM and purchase assets.? https://www.brrmedia.co.uk/broadcasts-embed/5a7aa7b5bdf74b02f4f73844/?popup=true?

[darola] 05/2/2018 22:58

"miners are very very cheap"

[scottishfield] 05/2/2018 08:21

tks Croasdalelfc

[casual47] 02/2/2018 14:59

Great, thx

[ukgeorge] 02/2/2018 14:54

An announcement of Commercial production is what we are waiting for. And for that to be declared the plant needs to run above 60% capacity for 60 days. so some time in March imo

[casual47] 02/2/2018 14:48

Apart from potentially some news on the occasion of Indaba or the president's visit, should we see anything else before the 2017 results in May?

Currently still on sidelines but ready to pounce and buy in.

[ukgeorge] 02/2/2018 09:42

roll on commercial production :)

The company are also presenting at Indaba in Cape Town next week.

[qs99] 02/2/2018 09:40

thanks croas.....think the seller may have cleared here as that is a decent bounce and holding today DYOR....let's see how the next week unfolds ahead of the president's formal opening of the mine etc....

[croasdalelfc] 01/2/2018 20:59

Cora looking to get indicative resources figures for two targets very close to Yanifolila

[croasdalelfc] 01/2/2018 20:42

Interview with Cora Gold on Voxmarkets today

[noirua] 01/2/2018 18:38

Beaufort Securities renewed their buy and forecast of 66p for HUM in January 2018:

[abbotslynn] 01/2/2018 17:46

Right to hold

[piperpeter] 01/2/2018 13:26

Anyone here have an interest in ECR?

Pp.

[qs99] 01/2/2018 09:12

Nice to see the bounce continue today....maybe sellers out?

[darola] 31/1/2018 15:35

I'll be happy when they break £1. I'll just be more relaxed when they break and hold above 40p! Just a matter of time.

[qs99] 31/1/2018 15:27

yup have done likewise this week....

[croasdalelfc] 31/1/2018 15:25

Bought another 5k shares today averaging down Unfortunately. I'll be happy when they break 40p