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% 19.00p 18.50p 19.50p - - - 0 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 91.4 -9.1 -2.3 - 67.00

Hummingbird Resources Share Discussion Threads

Showing 7526 to 7548 of 7775 messages
Chat Pages: 311  310  309  308  307  306  305  304  303  302  301  300  Older
DateSubjectAuthorDiscuss
29/5/2019
15:36
Next level of support 11p or the all time low imo.
ukgeorge
29/5/2019
11:57
New_buyer Like I have said for a long time now, this is monumental display of absolute incompetence. The Bod and Ceo have displayed complete arrogance and disregard for shareholders, especially with the continued patchy, inconclusive information. But some idiots on here would not listen and continue to spout ridiculous projections about where this is going in the future. This morning the LSE bb is full of them. Why would this suddenly turn around? Because Fsj the Pied Piper says it will? Because the Bod and Ceo says it will? Wake up shareholders. Your money has done no more than contribute to Bod/Ceos extravagant life syles and we have all been royally conned.
borderterrier1
29/5/2019
10:47
Ricky, what were they promising for years one and two? I think most are in agreement that they need to actually meet a few targets before any outlook they give can be remotely trusted. Also they are extremely unlikely to ever get near $800 for AISC
ukgeorge
29/5/2019
10:40
You always mine the most profitable ore first if possible. Just common sense. The fact that they are able in the mine plan to target 390k to 435k ounces of gold over 3 years from 2020-2022 at only $800 cost is a major positive. Particularly if sold at $1250/$1300. Up to 435,000 oz gold at up to $500 margin over 3 years ......
rickyhatton
29/5/2019
10:28
Laptop Mining plan production increased for 3 years as shown by rickhatton's post above. My take is that they need the higher production to offset the increased costs. Show's desperation IMV. When this falls to 10p have another look, it might be worth a small punt. GL
sleveen
28/5/2019
16:51
Laptop; BT posts aren't far of the mark I would certainly wait till 3Q results make sure output still on target and ball mill up and running , hopefully weather not as bad previous year, like George says better to buy after couple of positive quarters.
avsome1968
28/5/2019
15:24
POG goes up,HUM goes down!
bmnsa
28/5/2019
14:16
Good post RT - They are continuing to report they are "likely" to miss the 2019 AISC guidance, partly because of Gonka waste stripping this year, so Gonka high grade is getting into the mine plan at an earlyish stage. "Likely" could mean that in some scenarios they still have unlikely hopes that they might still meet AISC target, so maybe it will not be missed by a distance. "Particularly strong results came from Gonka, a deposit located just 5km from the process plant, where mineral-rich intercepts included 15m @ 16.03 g/t and 18m @ 9.39 g/t. Such high-grade potential has made us even more confident in our long-term plans for the mine and the potential for underground developments." " ....this was last forecast as part of the DFS in 2016 and showed that the Yanfolila Gold Mine would average 107,000oz gold production per year. The current draft LoM plan, awaiting finalisation, indicates that in the upcoming 3 years (2020-2022) the Company is able to achieve production of 130,000-145,000oz per year at a targeted AISC of US$800/oz
rickyhatton
28/5/2019
12:57
Laptop - cash situation is tight and they really need to hit their intended 2019 target to ensure they don't need additional loan and/or additional equity. On past evidence, in the worst case scenario I believe they would be able to refinance with their lender, which they appear to have good relationship, rather than equity but who knows. Because they have everything to prove and jury is out, the share price is at this low £50m market cap (which is fair considering the risk). So high risk, high reward. They hit their targets this year, troubles with last Q3 2018 wet season is a thing of the past and the share price should soar. With ball mill up and running and 130K Oz+ for future years, in a gold bull market you could see this many multiples higher. However if they struggle to meet 2019 production target, thereby struggle to pay loans + trade payables and need additional financing/ equity, we will stagnate further or decline. Either way, the next 7 months are going to be incredibly interesting for HUM. I'll lay my cards out and I err to the positive. I've bought a significant amount at the 14.5p region and believe at £50m market cap, even with the risks, the potential significant upside outweighs the downside risks.
redtrend
28/5/2019
12:38
What's going on here guys?? Why do low?? What's the cash situation here?
laptop15
28/5/2019
12:23
NB, moneyfornothing. I am not holding any more I sold out and I am relieved to have done so. The report promises a lot of jam tomorrow. However, I don't think sentiment will change until production and cost numbers start coming in to prove that targets can be met. I'd rather buy at 20p after a couple of positive quarters.
ukgeorge
28/5/2019
08:36
You will be in a small group there then!! Don't get sucked in by all his lies, obvious to spot and called out on every time but the man/woman/person has no shame.
new_buyer
28/5/2019
08:35
New_buyer that would make some sense of his continually negative posts, even celebrating some of the negativity, but unlike yourself I would give him the benefit of the doubt that that's not true.
moneyfornothing1
28/5/2019
08:32
Come on moneyfornothing1 surely you can see why? He doesn't own a single share, who would belittle a company that he owns shares in and who should want the share price to increase but does he utmost for the share price to fal. He is a paid deramper and at the look of it a successful one! Probably on a bonus.
new_buyer
28/5/2019
08:29
borderterrier if you believe this will go bust why do you continue to hold? UKGeorge Any company where the directors take options at a 95% discount deserves to go bust. borderterrier1 UKGeorge And this will Last week you were confident this could turn around, why now do you post it will go bust?
moneyfornothing1
28/5/2019
07:32
"Both of these factors have meant the Company is currently updating its LoM plan. At present, this was last forecast as part of the DFS in 2016 and showed that the Yanfolila Gold Mine would average 107,000oz gold production per year. The current draft LoM plan, awaiting finalisation, indicates that in the upcoming 3 years (2020-2022) the Company is able to achieve production of 130,000-145,000oz per year at a targeted AISC of US$800/oz. The Company is pleased to report that the early estimates from the LoM plan showed a significant improvement on production levels and lowering cost base of the mine. From 2023 the average annual production from Reserves reduces to 80,000oz per year. The Company intends to announce the results of scoping studies on both the Gonka deposit, 5km from the process plant, and underground mining at Komana East (currently operating open pit). The studies will, when converted to Reserves following feasibility study completion, augment the existing Reserves to increase annual production and extend the mine life further. Based on current Resources over 1Moz gold sits outside of Reserves. As a result of the weaker production levels and additional costs noted in the Q1 2019 Production Results and Operational Update announcement released on 16 April 2019 and the potential commencement of initial waste stripping at the Gonka deposit later this year, the Company confirms that the 2019 AISC is likely to exceed the targets previously announced of US$800-$850 per ounce Looking forward to 2019, growth at Yanfolila is already within our sights. The 2018 exploration campaign has brought excellent drilling results across our 2.2Moz gold base; focused on infilling the currently defined resources, we are optimistic that this will allow us to increase our cumulative gold production over the mine life. Particularly strong results came from Gonka, a deposit located just 5km from the process plant, where mineral-rich intercepts included 15m @ 16.03 g/t and 18m @ 9.39 g/t. Such high-grade potential has made us even more confident in our long-term plans for the mine and the potential for underground developments."
rickyhatton
24/5/2019
19:40
UKGeorge And this will, after the Ceo and Bod have lined their pockets at the expense of the shareholders but others on here are too stupid to see that. If you all want a good laugh Golden Bulls recent posts on the LSE bb are absolutely priceless! I'm afraid the "power of suggestion" won't work with this SP! Yanfofailure!
borderterrier1
24/5/2019
16:21
Any company where the directors take options at a 95% discount deserves to go bust.
ukgeorge
24/5/2019
10:10
new-buyer. I didn't say I was looking forward to a drop to 5p, you did. But a further drop in the share price with this management and Ceo is unfortunately inevitable. Didn't Betts senior launch this in 2005? Hasn't the share price deteriorated steadily ever since? IYO is that the result of bad management decisions or bad luck? It shouldn't be too difficult for you to figure it out.
borderterrier1
24/5/2019
09:50
It does look like it is about to have another drop.
ukgeorge
23/5/2019
19:13
sandoval Trust fund or his Ceo's salary. I would have done a better job for half the money. Let's face it, I couldn't have done any worse....... could I?
borderterrier1
23/5/2019
16:32
new_buyer. I will top up when this drops to 5p. Won't be long now.
borderterrier1
23/5/2019
13:13
sandoval you are not looking for a conspiracy and excuses, some are!!
new_buyer
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