Hummingbird Resources Share Discussion Threads

[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

[qs99] 31/1/2018 14:25

bit more like it

[qs99] 31/1/2018 12:33

OK, looks like a few buyers returning...DYOR and GLA

[qs99] 31/1/2018 11:44

with president arriving for official open, IMO that will give an opportunity for HUM to update with an RNS, so within the next few weeks I would expect an update. DYOR. Also, GP holding up well it would seem, should be adding more to the HUM coffers....GLA

[qs99] 31/1/2018 11:05

I would agree and have done so! Pageant can keep selling IMO, would be good to get them out of the way and new supportive shareholders in above 30p. GLA and DYOR

[bahiflyer] 31/1/2018 10:47

Given that HUM have been pretty spot on so far in the project with timings, estimates and costing of all events it seems reasonable to expect their forecasts for the immediate future sustaining costs and full ramp up will also not disappoint. In fact given that they were at 65% capacity by end December and 75% by mid Jan I would expect their wording of reaching 100% capacity by end of Q1 2018 may be leading people to be pencilling in end of March as target date. I'm convinced it wont be that long. The president of Mali is coming to officially open the mine mid Feb and I fully expect that is what HUM are aiming for to open the mine with a bang (not literally), and accompany the opening with an in depth update plus the announcement of ramp up to full running capacity having been successfully completed. So 2 weeks away and you can still buy these at the bargain price of 33p thanks to our benefactor Pageant. Fill yer boots.

[rickyhatton] 30/1/2018 23:41

Thanks D. I am misinformed. Should be tomorrow/ soon then. "Changes to the holding of a significant shareholder above 3% (excluding treasury shares) which increase or decrease such holding through any single percentage." hTtps://www.lseg.com/sites/default/files/content/documents/aim/2018/January/AIM_Rules_for_Companies_January_2018.pdf

[bishan bedi] 30/1/2018 22:46

Wonder if we'll get a warrant exercise notification tomorrow. Could do with getting them all out of the way.

[bishan bedi] 30/1/2018 22:38

Am I looking at it wrong or does the second chart above look like it shows 10m traded?

[darola] 30/1/2018 22:13

You have to notify for the following, so Paegant would still have to notify; (1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments falling within ■ DTR 5.3.1 R; or

[rickyhatton] 30/1/2018 21:56

Edited to correct. Agree with mbf looks like P accelerating disposal today so with them down to 3.5% on 5th January they cant have many left.

[zeberdie] 30/1/2018 19:14

Now that would get my willy wonkin.

[mustbefunny] 30/1/2018 17:46

It would be good if today's higher volume is Pageant accelerating disposal of their remaining shares. We could then hopefully go into news of a production ramp up without an overhang.

[abbotslynn] 30/1/2018 14:59

Will come good,resist from selling

[grecian1] 30/1/2018 13:00

I have a feeling that we will have a rns saying someone has taken a stake. There appears to be a lot of buys bit it's not pushing the price up......

[bittorrent] 30/1/2018 12:54

I was hoping for another RNS by the end of January to let us know if the capacity had improved and how much gold they had poured.

[qs99] 30/1/2018 12:42

Thanks casual. Nearing end of selling then it would seem...fingers xd

[casual47] 30/1/2018 12:33

Looking at previous holding RNS: Pageant reached 5% threshold 2 Nov 2017, RNS followed 7 Nov 2017. Pageant reached 4% threshold 5 Jan 2018, RNS followed 9 Jan 2018. If they do need to notify further may take up to a month or two, depending how easily they can shift it.

[qs99] 30/1/2018 12:23

good point casual...just sounds like we need to be patient and wait for the sellers to unwind. would have been good if management could have lined up a buyer for such a large amount of stock though IMO rather than let it drip out....

[casual47] 30/1/2018 12:21

Looking to buy in here and keeping a close watch. Certainly seems like Pageant is selling out. The 100K and 50K sale trades are indicative of that. As they dropped below the 5% threshold I don't think they require to notify the market any further? Even if they do need to notify further then I assume they only need to do so for every further full 1% drop, which can take a while if they are only selling daily few 100/50Ks. Great opportunity for new investors/top ups. EDIT: Slight worry perhaps that there isn't an II who is willing to do an off-market trade to get Pageant's shares, but with the general market the way it is that's how it is for a lot of miners, imo.

[charles clore] 30/1/2018 12:07

Two words here and I cant get them out of my head. Gift horse.