Hummingbird Resources Share Discussion Threads

[dianecarberry] 04/7/2018 21:23

Broker sets fair value at 12p here.

Sell.

[abbotslynn] 04/7/2018 16:59

BMN are even cheaper with their cash flow alreadyWorth a look

[peterpowell21] 04/7/2018 16:52

Sooooooooooooooooooo cheap here.

[ukgeorge] 03/7/2018 11:43

A little higher and we should break this bloody downtrend.....

Come on 30koz of production and costs sub $900/oz.

It would be great to see the cash position actually growing.... think it was $30M at end Q1 so anything over $35M would be great imo

[ukgeorge] 02/7/2018 15:30

wish I had bought Versarien vrs first on the podcast......

[brucey6onus] 02/7/2018 15:24

I think we can say the seller has finally gone :)

[qs99] 02/7/2018 15:09

wow, really getting a head of steam now....let's hope for good / positive drilling but also the update "later this month" providing more good news....DYOR

[rileyma] 02/7/2018 14:56

12min 17 onwards

[rileyma] 02/7/2018 14:28

Changed my mind *edited*

[ukgeorge] 02/7/2018 14:23

The 85k shares was at 35p what is that about

can sell at 33.05p at the moment

[ukgeorge] 02/7/2018 13:31

33.4p to break the downtrend from October/November.

Come on Hum, some cracking Q2 results and back to 40p!!!

[brucey6onus] 02/7/2018 12:33

Positive update note from the house broker on the drilling program came out at 10.22am - basically everything (resources to reserves to increase LOM) happening quicker than the broker anticipated - all signs this is well managed outfit

[edjge2] 02/7/2018 12:21

UKG just noticed this ticking up, relieved really as added a few below 33.
may have to wait longer for CNR 25% down on politics good resouirce.

[ukgeorge] 02/7/2018 11:12

Come on Hum break the down trend!!!!!

[ukgeorge] 02/7/2018 10:03

Yes agree rileyma that is very interesting. It is a decent sized asset with 4 Moz a plant that could do 200koz would be more sensible. Also some interesting bits on no duty on fuel which will improve the economics no end. I don't think Dugbe currently adds anything to the share price so if this can be monterised that would be great a JV or similar.

[rileyma] 02/7/2018 09:51

Interesting to note:

HUM are in advanced JV negotiations with a "well-financed" partner for Dugbe. 

[zhockey] 02/7/2018 09:48

A bit unambiguous IMO, they should be doing an additional 50k at least of real exploration drilling. That is where the real growth would come from.

[casual47] 02/7/2018 09:39

HUM is one of their clients so take it with same pinch of salt as house broker targets.

But good update nevertheless.

[ukgeorge] 02/7/2018 09:37

hxxp://www.alignresearch.co.uk/cpt-company/hummingbird-resources/

[rileyma] 02/7/2018 09:32

Clear concise drilling update 👌
Align broker note link posted on lse

[charles clore] 02/7/2018 09:08

Knowing HUM the results won't disappoint.

[darola] 02/7/2018 09:04

Good opportunity for steady positive news flow as the results of each section are released.

[charles clore] 02/7/2018 08:53

That's a humdinger of a drilling programme!