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
  0.75 3.37% 23.00 22.00 23.00 22.50 22.25 22.25 224,847 16:35:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 91.4 -9.1 -2.3 - 81

Hummingbird Resources Share Discussion Threads

Showing 3151 to 3175 of 9775 messages
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DateSubjectAuthorDiscuss
19/4/2018
09:29
Anyone any views on when commercial production should be RNSd?
qs99
18/4/2018
09:11
Thanks Chip
ukgeorge
18/4/2018
09:09
Strip ratio starts out at c. 13.8 and reduces over the years to c. 4.4 for 2023. Averages 8.1 over FS LoM.
chipperfrd
18/4/2018
08:50
Fsj Gold mining companies very rarely achieve the estimates that are within feasibility studies. So as far as costs go proof will be in the pudding. The strip ratio is quite high at the mine. Did they ever mention what it is? Sorry if it is in your report. Commercial production can't come soon enough also it would be great to know what the cash level is at.
ukgeorge
18/4/2018
07:51
AISC over the DFS will average out between $695 and $750 - Initial AISC from start up will be likely in the high $850 range but will sharply reduce as the months roll on, so come say October November and December it could be as low as $600 - $630 per oz. Its an ever moving entity as the plant goes through phases of rich oxide ore and more fresher material. But don't discount that POG has increased near on $100 oz over the $1250 average within the DFS. The main element of change in the AISC is the cost of diesel, this has increased from HUM's original estimate, which is having a bearing on current AISC. So if i was to guess i would say out of that $13m a month at least 4$ - 55m a month from commercial production announcement up to say $7 - $8 a month later in the year.......!! However you look at it, its pretty stonking figures! But as you say, all this is speculation until the numbers come out and we have passed through 1 oe 2 Q results. Given current track record and where HUM are today and how much of this overall project has been derisked, its a pretty safe investment when compared to others on the market.
fsjamescampbell
18/4/2018
02:04
Charles- agreed, fwiw I think after tax interest and Malian stake its on about $5 million of pure profit a month. Need to see the debt situation though
utrecht_00
18/4/2018
01:20
For me the announcement of commercial production levels is not a big deal, really need verification that costs and margins are in line with predictions and a net debt number so we know how much of the loan money was spent before turning the corner, once we know those two things we are in a much clearer position and then will be the time to double up if justified.
catsick
17/4/2018
17:17
u - the market obviously thinks 0!
charles clore
17/4/2018
16:54
yes but of the $13-$13.5 million a month revenue how much of that is profit after tax and all costs....?
utrecht_00
17/4/2018
09:36
George - They were pretty much at commercial production during the site visit in March. Its a strategic announcement, probably based around the financial tax year. You can guarantee it that Commercial Production will be announced either tomorrow, Thursday, Friday or Monday. I suspect a Q1 report and update will also be within the same RNS. Currently producing over 10koz a month is about $13 - $13.5m a month, my bet would be HUM are positioned quite well financially going forward in Q2, 3 and 4 of 2018 and then into 2019.
fsjamescampbell
17/4/2018
09:08
if commercial production doesn't arrive soon cash could start to become an issue here.
ukgeorge
17/4/2018
09:08
if commercial production doesn't arrive soon cash could start to become an issue here.
ukgeorge
13/4/2018
15:56
Well I've loaded up with more this afternoon!
jimbowen30
13/4/2018
15:11
I have an educated assumption we will get one because the last two were on the 16th & 18th, so stands a chance it will be around those dates!!
darola
13/4/2018
10:37
I have a gut feeling there will be a commercial production announcement next week.
charles clore
12/4/2018
17:00
haha, it is going to break heavily one way or the other, any day now
ukgeorge
12/4/2018
16:53
Reading in sequence your posts of chart inspired analysis is like reading the diary of a manic depressive.
casual47
12/4/2018
16:45
The chart looks like it is getting ready to smash out from this last 9 months of consolidation. declaration of commercial production should do the trick.....
ukgeorge
12/4/2018
09:53
I'd be happy to wait a little longer than next week if commerciality is announced.
sleveen
11/4/2018
20:18
Yes. Many thanks Frank ! I'm also expecting ops update Sleveen, and ------> Gold prices shot to their highest level in nearly two months Wednesday, as investors sought the haven asset amid rising tensions between the U.S., Russia and Syria. Gold for June delivery was recently up 1.5% at $1,365.80 a troy ounce on the Comex division of the New York Mercantile Exchange, the highest level since mid-February.
westmoreland lad
11/4/2018
17:22
Frank - I have managed to read your report and must say that I am both pleased and impressed. Well done and thank you.
charles clore
11/4/2018
16:00
I think Frank's update showed that they are progressing this as well as can be expected, looking forward to the next commercial update and with the GP motoring again with ME tensions, hopefully HUM as unhedged can start making some serious hay...dYOR
qs99
11/4/2018
13:28
Operations update mid next week probably.
sleveen
11/4/2018
11:44
Without wanting to be negative the chart is looking pretty negative. 50dma has crossed through 200dma obviously seem to have good support at 33p and 32p, but if that breaks would expect a fall back to 27p. It is a little frustrating that commercial production has not been reached, I'm hopeful that it is any day now. But the longer it goes on the less cash the company will have and the potential for a cash call increases. Either way looks like the share will be moving sharply higher or lower in the next week or two. Fingers crossed it is higher on reaching commercial production and demonstrating that the company has plenty of cash and is now profitable. The gold price is also doing well $1346/oz at present. $1,360 has been touted as an important level to break through, so will be watching that. Trump is doing his best to help....
ukgeorge
10/4/2018
15:35
For Frank. The electric mountain https://m.youtube.com/watch?v=McByJeX2evM
cockneytrader
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