Hummingbird Resources Share Discussion Threads

[chipperfrd] 22/12/2017 09:09

Happy Christmas and a prosperous New Year to all HUM stakeholders.

Well done to Management and staff to drive this project through the exploration and development process - very few PM IPOs get this far.

Chip

[bittorrent] 22/12/2017 07:38

Just been reading the Cora Gold RNS about their drilling programme, first results should be due around the end of January.

[qs99] 22/12/2017 07:33

Yup, sounds about right,

[zeberdie] 22/12/2017 07:31

It's the infill drilling that excites me the most. Let's get that bit spinning and get some proper value added here. Buzzing for 2018 fellas.

[bittorrent] 22/12/2017 07:24

QS99, LOM is about 7.5 years if I recall rightly, plenty of time to find other sources nearby to extend it.

[qs99] 22/12/2017 07:19

All depends on market's view of the c.1m oz outside of plan, how much it will cost to bring it into the mine and at what return as current mine life is relatively short is it not from various readings? Either way IMO am in and have been for a while for the ride, as it should start throwing off very material cash returns IMO/DYOR and with an increasing share price can then start buying other assets (as it tried to recently)......which combined with a management team who have managed and delivered to expectations amazingly well.....a good ISA tuck away IMO...DYOR and Merry Christmas

[bittorrent] 22/12/2017 07:15

Agreed zeberdie, when the mine is pouring out thousands of ounces a month, the market cannot ignore it any longer. Now it is significantly derisked it is a great buying opportunity.

[zeberdie] 22/12/2017 06:06

Every week now that plant output gets turned up a bit more until it's running a plate capacity. The buying opportunity is now.

[zhockey] 21/12/2017 22:57

Yes AAG looked like a great play, shame it fell through.

For HUM I'm looking at the 200sma for a consolidation.

[charles clore] 21/12/2017 19:36

I believe that means it is expected to outperform peers by 12.5%

[divmad] 21/12/2017 19:36

Weren't you the one who was ramping AGG as a better way to back into Hum a while ago?

[zhockey] 21/12/2017 19:27

I suspect we have have a buying opportunity at 31/32p coming up.

[rickyhatton] 21/12/2017 15:59

66p target price

[darola] 21/12/2017 14:23

New presentation hxxp://hummingbirdresources.co.uk/_downloads/First_Gold_Pour_Presentation.pdf

[bookwormrobert] 21/12/2017 14:17

Wonderful news - huge congratulations to Dan Betts and the entire team at Hummingbird. I imagine the sell working through the system is Lindine finally selling out - they have to pay for their shares by December 31st. Happy Christmas everybody!

[croasdalelfc] 21/12/2017 14:15

Enterprise value is MC + debt - Cash isn't it?So about $190m (170+60-40)EV/FCF= 2.7 (190/70)Or Free cash flow yield is 36% which is way high.A FCF yield of greater than 10% is considered very good

[charles clore] 21/12/2017 13:57

Ur welcome George. Looks like theres a huge sell working through the system. When it clears we should hopefully be on our way to 40p

[ukgeorge] 21/12/2017 13:53

Thanks Charles, $40M in cash and commercial production schedule for March. Resource upgrade also due next year all bodes well.

[brucie5] 21/12/2017 13:35

Good news. Multiple top at 39, though. When this breaks, targets become 50 and 60p on the 4 year view. Thereafter, 80p of the 5 year chart.

[pre] 21/12/2017 13:32

monumental achievement here imo..well done to management..all sales will add to cash of which they already have circ. $40m per the rns.

[ukgeorge] 21/12/2017 13:30

Is that a 500k buy??

[croasdalelfc] 21/12/2017 13:30

Spotted it!

[croasdalelfc] 21/12/2017 13:30

Can anyone see or link the updated corporate presentation?

[charles clore] 21/12/2017 13:21

Disappointed by the market reaction to this mornings amazing news. On target and well under budget. How much better can it get? We will soon find out. People will regret not holding come next year imho.