Share Name Share Symbol Market Type Share ISIN Share Description
Hummingbird Resources Plc 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
  +0.00p +0.00% 21.75p 21.50p 22.00p 21.75p 21.75p 21.75p 189,938 07:30:26
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 91.4 -9.1 -2.3 - 77

Hummingbird Resources Share Discussion Threads

Showing 2876 to 2896 of 7825 messages
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DateSubjectAuthorDiscuss
16/2/2018
15:34
cyberbub -- good luck here. LOL Zeb and a quick reminder --------> westmoreland lad - 03 Jan 2018 - 15:34:29 - 2380 of 2731 Hummingbird Resources zhockey -- ngms holds the record on ADVFN for dry wit and deliberately winding folk up. Attempting to compete would be futile -- especially here :-) ATB in 2018
westmoreland lad
16/2/2018
14:09
Zhockey - I don't meant to be rude, but you really, really need to do more research on this share, which is probably the standout value play in the entire natural resources sector right now. FFS, it's a producing gold mine trading at 2x free cash flow! I'll check out EUA. Thanks for the tip. For other readers, there is a very good interview with HUM CEO Dan Betts on todays Vox Markets (voxmarkets.co.uk). He addresses the issue of the current under-valuation of the shares head on, and contemplates early repayment of the $60m Coris Bank debt, an aggressive exploration program to lengthen mine life, and a share buyback scheme.
bookwormrobert
16/2/2018
13:46
BW, Like I said I think HUM will do well but by 10s not 100s of percent in the short term. You have to factor a few things in here, the first year will produce high grade oxide cap ore which is easy to extract, hence the high cash flow. Once they start producing sulphide ore, how will the plant perform and how will costs be impacted? Also what taxes will thy have to pay? WRT other aim cos, EUA have a good chance of hitting your 30%, they also have 2M oz reserves of PGM with c$120M funding agreed and only valued at £7M
zhockey
16/2/2018
13:40
Bookwormrobert, Griffin Mining And with any luck Hummingbird will do as well as they have this year.
ukgeorge
16/2/2018
13:31
its coras job to go out into the wilderness and add ounces prospecting.... its ours to do infill drilling and bring more locally into the mineplan (that my understanding of it anyway)
zeberdie
16/2/2018
13:06
So they are going to spend $8-10 million on exploration at Yanfolila this year, they could buy the rest of CORA that they don't own for that price.....
bittorrent
16/2/2018
12:23
Hockey - you're joking, right? Yanfolila will generate around $87m in free cash flow in its first year of full operation (q2 2018 to q2 2019), based on current gold price. That's equal to 48% of Hummingbird's current market cap (fully diluted with warrants exercised). The reserve will be increased by the 1m ounces currently indicated or inferred in the mine plan - see the exploration news in today's RNS. There are also a lot of blue sky targets in the Yanfolila area which need drilling. By any measure, Hummingbird is very very cheap. In fact, I challenge you to name me another London-listed share (on AIM or main market) that will generate over 30% of its mcap in free cash flow this year. Go on, tell me...
bookwormrobert
16/2/2018
11:24
It's a positive RNS but like I've said before the Mcap is very high for a single mine with a small reserve. If you have the patience then I think this will do well but I don't think you'll see £1 this year.
zhockey
16/2/2018
11:15
Cyber, Yanfolila is right down in the South-west corner of Mali, the trouble is in the east and north.
bittorrent
16/2/2018
10:56
Thanks all
cyberbub
16/2/2018
10:24
As per Good Griefs post the company have people whos sole job is to give back to the local communities.
zeberdie
16/2/2018
10:13
http://hummingbirdresources.co.uk/sustainability/our-approach/
goodgrief
16/2/2018
09:50
The mine appears to be doing very well. The mine has operated from 7dec- 15th feb (70 days in total) In that time 147997t have been processed which equates to 2114t per day the plants capacity is 1.23Mt per annum or 3400t per day. So the mine has operated at 62% since December 7th. The mine is now operating at 90% of capacity. Or around 3000t per day. If we look at what they have produced or is in circuit we can work out that the average grade processed has been 2.35g/ It all looks to be on track. Commercial production could be declared as early as late February but my guess would be March or even April. For the first year they are targeting 132koz this implies an average grade of 3.6g/t.
ukgeorge
16/2/2018
09:30
Excellent news well done to management and the team on the ground .HUM have delivered on their promise no ifs or buts and constant cash calls which I have been used to with small gold producers.
wskill
16/2/2018
09:28
qs99 dont yous be foregttin Mr weir he shoots he scores..... dugbe worth 50p a share innit when it happen
fsawatcher
16/2/2018
09:27
Completely undervalued and ripe for a tip IMO. The only question is whether the overhang has gone.
wilmot
16/2/2018
09:20
Tis all about turning those ounces outside of mine life plan, into known resources and taking the mine life above 6-7 years to 10-12 years....IMO....just read something talking about £1 a share (sharehub) if it can do this in a cost effective way.....DYOR etc...add on some corporate activity in that period and you can see how this can multi-bag.....roll on doubling in the first instance IMO
qs99
16/2/2018
09:19
Half term this week. Think that explains it.
arthurly
16/2/2018
09:11
this jus mali innit aint they got sommat else in liberia country run by the great ex socca player george weir innit ave population age is 18 me finks they all like socca does mali do barley?
fsawatcher
16/2/2018
08:46
THEY WERE.
zeberdie
16/2/2018
08:35
Ahh got It ! I've been watching gold rush on the tv , quite interesting, it's easy to see those gold dore bars in the photo weren't 25kg
croasdalelfc
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