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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
  0.50 1.71% 29.75 29.50 30.00 30.25 29.50 29.50 1,166,524 15:13:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 91.4 -9.1 -2.3 - 105

Hummingbird Resources Share Discussion Threads

Showing 8251 to 8273 of 10675 messages
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DateSubjectAuthorDiscuss
21/10/2019
08:04
Should be through 30p IMO. DYOR, but if POG holds up around the $1,500 then this should be throwing off very material EBITDA. Throw in the debt free position in the near term, possible acquisitions, new resource to LOM extension and why not get this through 50p once market wakes up to it? DYOR
qs99
21/10/2019
08:00
As redtrend highlights In 3 months they now have $8m more cash and $6m less debt So $14m rebalancing in just one quarter! Huge cash generation
rickyhatton
21/10/2019
07:47
Costs are well down really happy with that should dept to 45m good chunk paid, expect 10-15% gain today
avsome1968
21/10/2019
07:46
Hummingbird Resources PLC Q3 2019 Update 21/10/2019 7:00am UK Regulatory (RNS & others) Hummingbird Resources (LSE:HUM) Intraday Stock Chart Today : Monday 21 October 2019 TIDMHUM RNS Number : 4590Q Hummingbird Resources PLC 21 October 2019 Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining Hummingbird Resources plc ("Hummingbird" or the "Company") Q3 2019 Update Hummingbird Resources (AIM:HUM), is pleased to announce its results for the quarter ended 30 September 2019. Strong operational progress has continued for the fourth consecutive quarter. Production has increased to 30,484 ounces ('ozs') of gold poured in Q3, and costs have decreased at the Company's Yanfolila Gold Mine ("Yanfolila"). Yanfolila Q3 2019 Operational Highlights -- 30,484 ozs of gold poured, (27,466 ozs in Q2 2019) -- 81,757 ozs of gold poured year to date -- US$849/oz AISC, (US$998/oz AISC in Q2 2019) -- Average grade of 3.23 g/t, (2.86g/t in Q2 2019) -- 30,373 ozs of gold sold at an average price of US$1,422/oz -- Second ball mill fully commissioned and operational during the quarter increasing plant throughput by 20% -- 1,000,000 injury free hours recorded at site Corporate highlights at 30 September 2019 -- Cash of US$16m (US$8m at end of Q2 2019) -- 2,800 ozs of gold inventory on hand worth approx. US$4m -- Bank Debt of US$45m down US$6m in the quarter (US$51m at end of Q2 2019) Outlook -- 110-125,000 ozs production guidance for 2019 maintained -- Due to be debt free by end H1 2021 Dan Betts, CEO of Hummingbird, commented: "We are pleased to report that for the fourth quarter in a row production has increased and costs have decreased. The Company continues to improve both from an operational and balance sheet perspective. Hummingbird remains an unhedged gold producer offering our shareholders full exposure to the current strong gold price and a strengthening financial outlook as we forecast to become debt free by the end of H1 2021. The commissioning and operational performance of the second ball mill was also pleasing to see over the quarter following its successful construction on time and budget. We will begin to see the full benefits over the coming quarters as we are able to manage a higher throughput of fresh ore. Q3 2019 is the wettest quarter of the year and we are particularly pleased with how the team has managed this period during the quarter, especially when compared to the corresponding period last year. We anticipate Q4 to be another good quarter and we are maintaining our production guidance of 110-125,000 ozs of gold production for 2019."
avsome1968
21/10/2019
07:39
Great RNS - Production up, AISC down, gold sale price up Longer time they are looking at a LOM to 2030 and beyond which is seriously good AISC going forward is seen as being targeted around $850, as per this quarter results, with the additional ball mill and higher grade such as zonka helping sustain that. Aiming to be cash positive by mid 2020, and debt off the balance sheet by mid 2021. 1m oz of known resources to date outside current mine plan estimated to be about 55% mineable, so that's minimum another 550k oz of gold to add in to current 2025 LOM. Cora synergy may well be another LOM bonus to come
rickyhatton
21/10/2019
07:29
roll on a materially higher share price then! GLA
qs99
21/10/2019
07:27
Correct.... the top end guidance is 43,000 oz if sold at $1,500 with AISC of $850 we will be quids in at the end of Q4.....
aim999
21/10/2019
07:27
"Hummingbird Resources (AIM:HUM), is pleased to announce its results for the quarter ended 30 September 2019. Strong operational progress has continued for the fourth consecutive quarter. Production has increased to 30,484 ounces ('ozs') of gold poured in Q3, and costs have decreased at the Company's Yanfolila Gold Mine ("Yanfolila"). Yanfolila Q3 2019 Operational Highlights · 30,484 ozs of gold poured, (27,466 ozs in Q2 2019) · 81,757 ozs of gold poured year to date · US$849/oz AISC, (US$998/oz AISC in Q2 2019) · Average grade of 3.23 g/t, (2.86g/t in Q2 2019) · 30,373 ozs of gold sold at an average price of US$1,422/oz · Second ball mill fully commissioned and operational during the quarter increasing plant throughput by 20% · 1,000,000 injury free hours recorded at site Corporate highlights at 30 September 2019 · Cash of US$16m (US$8m at end of Q2 2019) · 2,800 ozs of gold inventory on hand worth approx. US$4m · Bank Debt of US$45m down US$6m in the quarter (US$51m at end of Q2 2019) Outlook · 110-125,000 ozs production guidance for 2019 maintained · Due to be debt free by end H1 2021 Dan Betts, CEO of Hummingbird, commented: "We are pleased to report that for the fourth quarter in a row production has increased and costs have decreased. The Company continues to improve both from an operational and balance sheet perspective. Hummingbird remains an unhedged gold producer offering our shareholders full exposure to the current strong gold price and a strengthening financial outlook as we forecast to become debt free by the end of H1 2021. The commissioning and operational performance of the second ball mill was also pleasing to see over the quarter following its successful construction on time and budget. We will begin to see the full benefits over the coming quarters as we are able to manage a higher throughput of fresh ore. Q3 2019 is the wettest quarter of the year and we are particularly pleased with how the team has managed this period during the quarter, especially when compared to the corresponding period last year. We anticipate Q4 to be another good quarter and we are maintaining our production guidance of 110-125,000 ozs of gold production for 2019."
rickyhatton
21/10/2019
07:21
Wow. For rainy season (even a normal rainy season) was never expecting a production figure in the 30,000s. And an improvement in net debt of 14m in 1 quarter?! Am I reading that right. If so that's amazing. Cash up by 8m to 16m and debt down by 6m (51m to 45m). So Net Debt of 29m (previous 43m), with 4m of gold inventory on hand. At this rate be Net Cash by end of Q1 2020.
redtrend
21/10/2019
07:20
AISC down by almost 15%, and that’s with the new ball mill hardly operating over the quarter. This is seriously undervalued imo.
dozey3
21/10/2019
07:18
looks like a great update IMO. Debt down to $45m and debt free guidance early 2021. Cash position improving. Plenty of $s in future therefore IMO to keep drilling, buying other assets....DYOR
qs99
21/10/2019
07:15
Great Q3 results it is ..... Q4 guidance is 28-43,000 oz and hopefully at a better GP than Q1-3 ..... quids in lads
aim999
21/10/2019
07:10
Mark Denning and Hummingbird Resources.... Https://www.bbc.co.uk/news/business-50089887
multibagger
21/10/2019
06:42
Results day perhaps .....
aim999
18/10/2019
16:43
Enough said!
new_buyer
18/10/2019
14:45
New_buyers point didn’t need making but I’d imagine borderterrier has just reinforced it!!
moneyfornothing1
18/10/2019
13:50
thanks for the heads up. I'll keep looking here as well as LSE. Mark up today, IMO bodes well for next week so happy to continue to hold GLA
qs99
18/10/2019
13:26
NB. This was 39p three years ago. Most of the original "contributors" have abandoned ship because of that, not anything to do with comments they read on here. Its called poor management. Read dropinmonkeys post today on the LSE bb re. "management reputation". What don't you understand? BTW what exactly were my "lies and conspiracy theories"?
borderterrier1
18/10/2019
11:33
very quiet here considering this rise, but there you go!
qs99
18/10/2019
09:53
nice tick up
qs99
18/10/2019
08:54
Don't we just!
new_buyer
18/10/2019
08:46
NB hopefully by this time next week we will know the Q3 figures and see what the plan is going forward. All this good news but we know one deramper who is going to hate it if everything is really positive now don't we!!
moneyfornothing1
18/10/2019
00:51
NB. Pathetic co. Until they get rid of the Ceo and current management this WON'T MOVE. What don't you understand?
borderterrier1
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