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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
  0.00 0.0% 22.00 21.50 22.50 22.00 22.00 22.00 148,460 08:00:26
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 7976 to 7999 of 9750 messages
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DateSubjectAuthorDiscuss
15/8/2019
14:32
Net debt doesn't need to be zero in order for them to pay dividends. Most dividend paying gold miners have lots of net debt (e.g. Poly $1.5B, HGM $180m)
casual47
15/8/2019
14:27
Hi LLB - thanks for the considered response. I agree pretty much with all you have posted. It should be very interesting come end of the year. ATB
run12
15/8/2019
14:19
#run12, I was being cautiously conservative with 30p, but realistic too.. :o) Looking back on where we were pre-pitwall collapse for FY2018 with a 1271 POG, and 91,000/Oz we were around 27/28p Forward to 2019 we are now recovering the AISC down to 998/Oz, still way too high, but this will have some carry over element from the repair work done, now washed through from Q3 with 1500 POG and 50% more profit margin heading into FY for 110-125,000 Ounce guidance for 2019.., current run rate at 10,000/Oz a month the Q3/Q4 numbers/financials will be very revealing 130,000/Oz guidance from 2020.. Deleveraging debt rate now running at USD -2M per month from total debt USD 51M at Q2, net debt USD 39M and that will accelerate too possibly unlocking dividends early around 18 month out from now..?
laurence llewelyn binliner
15/8/2019
12:40
I agree. Hum isn't the share for that. I didn't expect "immediate profits" but I suspect if the share price isn't moving N now it never will. So why do I hang on? Like most investors here who have been waiting for a glimmer of hope, you only lose when you sell, so we hang on. But after this length of time, it ain't looking good.
borderterrier1
15/8/2019
11:21
LLB - 30p would put HUM at just over 100mil IF there are no big failings and targeting 130,000 oz, with those sorts of margins I would expect a much higher price - with the usual caveat that they don't mess things up. That is the big IF - they don't mess things up and they actually start to deliver.
run12
15/8/2019
10:17
Q2-AISC 998/Oz USD 500/Oz profit margin at the current POG.. Q3 AISC est 900..? Q4 AISC est 800..? Margins set to rise as the quantities go up as the new ball mill comes on stream in Q3 spreading fixed costs, and any residual costs from pit wall remediation works filter out to zero... 2020 should be where we see a stand alone year on costs, new capacity and with a bit of luck 1500+ POG too.. :o) 30p for Xmas...?
laurence llewelyn binliner
15/8/2019
08:28
oohrogerpalmer not sure what will come next, either the LOM extension or the Q3 update which will be mid to late October, I would assume. Everything moving in the right direction and anyone who has invested before knows that a share price does not go up in a straight line so profit takers might be behind the drop the last day or so. Generally though everything is positive here but impatience can get the better of some investors who want immediate big profits, not sure HUM is the share for that.
moneyfornothing1
15/8/2019
00:20
NB Fabulous. More good news, impressive podcast by DB and the share price drops another 8%. Yippie!!!!
borderterrier1
14/8/2019
16:44
Yes the next Q update plus the LOM extension should help significantly and then will be interesting what the plans are in relation to CORA and DUGBE now that the price of gold is in such a strong position.
new_buyer
14/8/2019
14:58
oohrogerpalmer My fingers have been crossed for 2 1/2 years with this now.
borderterrier1
14/8/2019
14:50
The next update will be the critical one. We're in the middle of the rainy season and all eyes will be watching how they cope. Given last year's disaster we need the new pit wall to hold and report decent production figures. If we do get those then could be blue skies thereafter. Fingers crossed.
oohrogerpalmer
14/8/2019
13:08
thanks RT and agree, have re-entered the fray here....
qs99
14/8/2019
13:01
Hi QS - I consider HUM extremely "under-valued" rather than "fairly valued" ; ) It feels they have turned a corner, but they still have a lot to prove in producing a solid Q3 (that will show 2 quarters of consistent turn-around, with this one being critical in rainy season) and they need to produce a Life of Mine update which is eagerly awaited. Even without these 2 updates though, with gold $1,500+, current market cap appears absurd at £80m.
redtrend
14/8/2019
12:55
SP has gone from low 12's to mid 20's this year so no surprise if there are some profit takers out there. POG looking good despite the efforts to derail it and LOM news hopefully just around the corner.
new_buyer
14/8/2019
12:05
gold motoring again. good to see decent progress here with HUM and have dipped in again...GLA and DYOR
qs99
14/8/2019
09:35
Profit taking? It's had a good run.
bittorrent
14/8/2019
09:23
Why the drop ?
squash90
13/8/2019
22:00
Up 3% today. Long may it continue.
borderterrier1
13/8/2019
18:53
I can’t get my head around selling because a chart says a point has been reached but it does work for many so it must have its positives.
new_buyer
13/8/2019
15:34
Yep. Many, many months. The months have dragged into years and up to now it is a long, painful slog for many of us with unfortunately still only a glimmer of hope at the end of the tunnel. Negative? Doomongering? Not really. Just telling the truth.
borderterrier1
13/8/2019
14:58
I had a look myself but not something I would want to try i think, double tops (thought that was a dart term) and a "head-and-shoulders formation"!!
moneyfornothing1
13/8/2019
14:53
andrewsr not into the charts myself but some people are certainly followers, chartists, and some have been very successful, each to their own methods I suppose.
new_buyer
13/8/2019
14:41
andrewsr I have been thinking the same thing since August 2017.
borderterrier1
13/8/2019
12:06
Maybe we have a 'break-out' of the down trend here, perhaps a bit of resistance around 25p, then we're off! OK, I don't know much about charting - I'm just an unashamed ramper, I mean shareholder.
andrewsr
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