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
  -0.25p -1.02% 24.25p 24.00p 24.50p 24.25p 24.25p 24.25p 2,740 08:00:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 91.4 -9.1 -2.3 - 85

Hummingbird Resources Share Discussion Threads

Showing 2126 to 2149 of 8250 messages
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DateSubjectAuthorDiscuss
16/10/2017
16:42
1. The AGG deal is effectively a "free" acquisition of 1m+++ oz gold to HUM. AGG get an uneconomical stand alone project going nowhere into production using hums capex and mine, and retain 50% of Kobada, with initial 30% of net cash flow. AGG are given a bit of cash to fund the DFS. And permission to issue a few more shares to fund the DFS, if necessary, with hums contribution capped at next to nothing. The real hum contribution is the returnable capex, but not kicking in until 2019, so as hum have said, no dilution to shareholders. 2. Hum pays net cash (premium above value of current AGG SP) of CD$1.2m for 40m AGG shares Hum pays net (premium in hum shares above current SP) CD$1.47m for 49m AGG shares (Hum have 40m (protection) warrants valid for 36 months that will likely not need to be exercised and have guarantee that it will be repaid through cash flow even if they have to be exercised) AGG fund DFS (this is capped to cost Hum an additional net max of CD$0.33m buying AGG shares above current share price to maintain 20% interest in AGG) So total net cost to hum is only $CDN3m ( this net cost could go up or down depending on AGG share price) 3. Hum fund up to $35m (?us or cdn) of capex all returned through 70% of net cash flow, then reverting to 50% of net cash flow 4. Hum get 50% of Kobada's 2.2m gold oz. ( 40% if government take 10%) Stonking deal for hum, giving major longevity of production, and increased production through concentration plant feeding ore at circa 20g/t
rickyhatton
16/10/2017
13:09
Roll on 50p happy days go hum go :)
ukgeorge
16/10/2017
10:20
Mr Panda, I expect HUM will swallow up AGG pretty soon. 5M+ oz upside will be a no brainier IMO.
zhockey
16/10/2017
09:00
zhockey, I bought some AGG and even wrote an article on them https://seekingalpha.com/article/4112986-african-gold-group-path-production-win-win-deal-hummingbird however, one person seemed concerned with main shareholder: "This stock's current reward potential is not great enough to justify the potential risks factoring in what its real market cap with the dilution. One thing the author failed to mention Forbes and Manhattan managed assets typically are not kind to minority investors as their maintenance fees and salaries are very self serving. All I can say is this deal set up FM very well as its now cashed up for them to exploit and lowered the risks of more dilution. Another factor is a one operation asset in Mali should be discounted closer to 10% NPV."
gold panda
16/10/2017
07:05
Nope. No spare cash, happy with what I've got...
darola
15/10/2017
21:56
Well I hope with all your worldly wisdom you've bought some AGG :)
zhockey
14/10/2017
08:05
One person that's confused, ha. Only joking!
matt123d
14/10/2017
07:51
Not convinced HUM has anything to do with a bull market.... which is why I'm here. When the bull market bursts, watch the herd arrive here as sentiment returns to commodities, and mining in particular. In contrast to tech stocks which are due a correction IMHO, I think this is a more contrarian investment.
darola
14/10/2017
07:27
Be careful not to confuse ability with a bull market though!
matt123d
14/10/2017
07:22
N14th. I said many years ago that I would earn more in the last 5 years of my working life than I would in the whole of the 35 working years that proceeded it, and it's proven to be true - and I've still got 2 years to go! A quote I picked up on stated that age and experience develop patience - in this game it's vital.
darola
14/10/2017
01:53
P.S. I'm enjoying this one, but RBW as well. Check it out if you haven't yet. It's not too late............
napoleon 14th
14/10/2017
01:51
We're trying to make money, each in his own way, from the naïve uninformed ways of a beginner to the sharp & world weary of the experienced investor. If I (rightly) claim to one of the latter, it's only after being 40 years at it, & some profits I made early on were sheer luck! What I know now, cost me a lot of money. It's called experience, & it also costs time & sometimes your ego as well! You're winning when you make more good calls than bad ones. You make most of your money when you're too old to enjoy it like you used to....... GLA
napoleon 14th
13/10/2017
22:19
What are we trying to do exactly?
darola
13/10/2017
21:42
Nice try guys.
spooky
13/10/2017
20:58
I guess that's why A LOT of people lose money on AIM. They don't take the time to REALLY understand what they are invested in.
darola
13/10/2017
20:09
Darola I expect most folks read that RNS and thought great another 25k oz/year for hum! Few probably took the time to think hey, who are agg? Even fewer thought hey, agg are the winner in this deal and offer a great opportunity.
zhockey
13/10/2017
20:05
Seriously Spooky, how can you invest in a company (I assume you're invested) and not read their RNSs? I'm not trying to be smart or rude, but I can't get my head around it.
darola
13/10/2017
19:54
Spooky, HUM bought 20% of AGG for 50% over their market value and have an option to buy more at 12c or 100% the current 6c. You can buy now at 6c if you are interested.
zhockey
13/10/2017
19:20
That's just me being stupid, thanks mikkydhu.
spooky
13/10/2017
18:56
See the news release of 27th Sept. at 5 pm
mikkydhu
13/10/2017
18:51
I have no problems looking like a fool. Who or what are AGG?
spooky
13/10/2017
18:18
There talk of AAG potentially having 5M oz, just needs to be drilled up. Valued at £15M with a free carry to production. Seems like the biggest no brainer out there but what do I know?
zhockey
13/10/2017
16:45
You're invested in HUM and you don't know who AGG are?
darola
13/10/2017
16:30
No one buying AGG?
zhockey
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