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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
  -0.125p -0.68% 18.375p 18.25p 18.50p 18.625p 18.375p 18.50p 2,071,969 10:42:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 91.4 -9.1 -2.3 - 65.00

Hummingbird Resources Share Discussion Threads

Showing 7476 to 7497 of 7750 messages
Chat Pages: 310  309  308  307  306  305  304  303  302  301  300  299  Older
DateSubjectAuthorDiscuss
19/5/2019
13:37
I have "quite a few" HUM & a 55% loss in 2 years. The weather has caused problems, but as avsome1968 points out, there's plenty of company failures in the minerals sector as a whole. I sold 80% of SDX @ c. 40p - phew!. Their CEO Welch got booted out, like VOG's, & it's what the two deserved. I would not be dismayed if the same happened here! I think reason says to wait for Q3 results & review in the light of that. I won't pretend I have any enthusiasm left, just trying to evaluate the risk/reward in HUM, & on evidence so far that's a hit & miss situation
napoleon 14th
18/5/2019
09:26
rileyma. Thank you. We'll need it with this management and Ceo. I guess they are gathering experience along the way? But then why would they pay themselves such ridiculous salaries? Wouldn't it be better to employ experienced guys instead? I mean genuinely experienced, not this shower.
borderterrier1
18/5/2019
09:15
Watching on the side lines with interest Sept last yr all still ok,heavy rains indicated Lower prod issues Issues indicated oct 25th,wheels fell off following day 26th with q3 report Theres no rush to invest here certainly Before q3 report this year,at which point all should Become a lot clearer Good luck to existing holders
rileyma
18/5/2019
08:42
replicas1967 I guess you mean in 2025 when they have addressed all the other problems? Don't forget they can't even get the ore out of the ground and meet targets in Yanfofailure.
borderterrier1
18/5/2019
08:28
Maybe if they process Cora ore in future? Who knows ?
replicas1967
18/5/2019
08:10
Plasbryn After such a stellar performance to date from this "experienced" team perhaps they should order another one?
borderterrier1
18/5/2019
07:30
Was it due to lack of experience or more associated with extreme weather conditions? What ever, lessons have been learnt no doubt, and it is hopefully now time to move forward. Would you give them any credit for getting the ducks back in order and the ship back on a steady path in pretty short order. The next Quarterlies will give us a good insight. Plus exciting plans coming together as forecast for the second ball Mill.
plasybryn
18/5/2019
07:01
From twitter And now today, civil works on the second mill are 100%... great to see such progress
plasybryn
17/5/2019
19:31
new_buyer This share price is now close to a TEN YEAR LOW. Do you think that is because:- 1. This is a great company with a fabulous, experienced management team and Ceo. 2. This is run by a team of incompetent, selfish, inexperienced management. A simple YES or NO please. Thank you.
borderterrier1
17/5/2019
19:19
moneyfornothing1 and here is the crux of why Borderterrier should be ignored. “nobody would feed you fake information on purpose with this” despite the facts Frank uses are all from RNS”!!! A complete tool our Borderterrier!
new_buyer
17/5/2019
17:52
A 5 year mine life is just a tad absurd in view of 2.2m oz resources being converted to reserves and the investment in a new ball mill. +400,000 oz to add this year. Clearly, costs need to come under control, but AISC is just guesswork until they reach a steady production rate. If you make very conservative estimates at every turn, you will end up with an absurd valuation.
andrewsr
17/5/2019
17:23
Fsj. "I believe my posts to be factual and balanced" Really? Of course you do. As the company mouthpiece, nobody would feed you fake information on purpose with this, would they? To pump the price up? Oh, shock, horror!!!! Of course not. That would be misrepresentation. And that's illegal.................isn't it?
borderterrier1
17/5/2019
17:12
New_Buyer But at least if you did that, it would be a UK PHONE NUMBER right? I know it isn't easy for you, but please try very, very hard to think about what I am saying here? It shouldn't be too hard to figure out, even for you? But then again, after this length of time you and Fsj still think Hum is a good investment so maybe it is. It's always hard to argue with an idiot, they always beat you with experience. And some fell on stony ground....................?
borderterrier1
17/5/2019
17:03
Current market cap is £54M and they have debt around $56M so current value of Hum is just shy of £100 or $127M. The company are targeting circa 120koz per annum with mine site AISC around $850-900. They also have head office costs of around $100. However these are targets and they have been missed for the last three quarters. For arguments sake lets say they start hitting these targets. 120koz at a cost of $950 (being generous) margin of $350 could be $42M in fcf. Now costs are likely to rise from $950, harder ore, higher strip ratio, so going forward fcf ceritus paribus will likely decline lets say it averages $30M over the LOM. The mine life is likely only 5 years now so potential for about $160M of fcf. Tax rate 25%, company fcf $120M. Yes the mine life might get extended but the current picture is not great and this is assuming a swift turn around from the last three quarters. Also throw into this that the BOD will only invest at 1p. The current price is probably fair if not a bit toppy. The liberia asset is uneconomic and should not be developed it is what they like to say provides optionality to the gold price....
ukgeorge
17/5/2019
16:14
moneyfornothing1. Fsj and New-buyer suspect I'm a guy called Terry Border who apparently writes childrens books but all they need to do is pick up the phone to verify that. Neither of them are very bright, you see? Except when it comes to Hum. They both think its a great company. That should tell you something?
borderterrier1
17/5/2019
16:09
new-buyer. Wrong guy but please give me a call if that's what you really suspect. And BTW re. "hits target price" from your last post. Is that the "Target price " that Beaufort suggested, price of 60p before they were prosecuted by the FBI for pump and dump schemes? Or was it the TP of the new broker Cannacord? Perhaps they should stick to playing tiddlywinks because their projections are a bit off wouldn't you say?
borderterrier1
17/5/2019
16:08
marmalade on toast? What am I missing?
moneyfornothing1
17/5/2019
16:04
borderterrier1 so based on "what you know that no one else knows" where do you see this share going? And if you feel it's going to 5p why would you hang around when you are such a great investor? Maybe just write another book about marmalade on toast!!
new_buyer
17/5/2019
15:59
New_buyer I am "soo negative"? I wonder why? Perhaps it's because more and more investors are commenting on about what a total waste of time this is because of the poor management and continual downward spiral of the SP? Surely, if this WAS as good as you and Fsj say, wouldn't the share price be moving N before now? And I know you struggle with big words but once again I will spell it out for you. To date I H-A-V-E L-O-S-T N-O-T-H-I-N-G. Until I S-E-L-L. Please get Mummy or Daddy to explain that to you.
borderterrier1
17/5/2019
15:35
moneyfornothing1 I am heavily invested here. This was my portfolio gold pick to replace Acacia mining and my Hum investment is 10% of my portfolio. And I know more about this than most, including Fsj. My gut feeling now is that, unfortunately, we have all been conned by "patchy" financials, rash decisions, stupid mistakes and arrogant behavior from an inexperienced team of muppets. Please don't expect to successfully DYO research with this or at least before you do attempt that, research who sits on the Bod and oversees the audits. As others have said on here Fsj is a paid mouthpiece.
borderterrier1
17/5/2019
15:30
Fsj and New-buyer. You are both conceited enough to believe that you know everything there is to know about this. You are, however, mistaken if you think that you know everything I know about this.
borderterrier1
17/5/2019
12:36
moneyfornothing ignore borderterrier he is a paid deramper! He spewed bile all the way up to 39p and has continued since! For a self confessed "best selling author" he has not had an original thought once!! randompath seems to sum things up well but I believe there is still light at the end of the tunnel and as for bookwormrobert/TBTT he flounced out of here months back in a hissy fit yet continues to come back here and deride a share he no longer owns!! Always found that a bit strange personally but suspect he will be back in once the share price hits his target price. DYOR don't take everything here as gospel but the BH decision was a vert off piste one that seemed to please no one...ho hum you can see bad decisions everywhere (Barclays/Libor,VE/emissions) but BH seems a stupid decision that cost $2m (I assume they won't get there money back on this). Oh and every time that borderterrier says I told you so take it that he didn't, his claims about being in the know are laughable and he is very bitter at Frank for some reason......
new_buyer
Chat Pages: 310  309  308  307  306  305  304  303  302  301  300  299  Older
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