Hummingbird Resources Share Discussion Threads

[temujiin] 20/3/2024 14:40

Anyone buying now are certainly taking a risk bet that things improve, which they may. Corica are an adult respected outfit but it seems they've been under performing at Kour.

HUM probably have a grievance about that but never shld have let things get this bad.

On balance I suspect it will be resolved, HUM will continue and be successful, but at what cost ti current holders?

[1knocker] 20/3/2024 14:39

Looks like this ship is going down.
Even if it stays afloat, the pumps are going to be working flat out for quite a while.

At least we have mostly been realists on this BB, so few if any will have been suckered in on the spike to 17, which seems a big number now.

[borderterrier1] 20/3/2024 14:39

frogkid. You need to realize that Del Boy is a used car salesman. He has no use whatever in his position here, because he has ZERO experience. GET RID OF HIM and this could be a different animal.

[nelson01] 20/3/2024 14:26

How do you not know you owe someone 27 million....lol

[jaspoland] 20/3/2024 14:24

LLB

"We are too close to pay dirt to give it away IMO, but Coris hold the aces here.."

We have no say in what happens. Coris will see to that. DB needs to be struck off from ever being a director again

[beatme1] 20/3/2024 14:19

More clowns buying when this will get smashed further

[frogkid] 20/3/2024 14:18

Worth looking at the YouTube video of Betts talking "the history of Hummingbird and what they hope to achieve"

[laurence llewelyn binliner] 20/3/2024 14:17

#Credit Crunchies, the rabbit is in the hat, or it is empty, a tremendous opportunity to add but a binary bet given the current hiatus on a timely resolution, and a risk too high to take..

We are too close to pay dirt to give it away IMO, but Coris hold the aces here..

[borderterrier1] 20/3/2024 14:15

TBTT I warned everyone repeatedly about this when my Dubai client lost a packet. I worked in Baku, Azerbaijan for three years and got to know the owners of Anglo Asian Mining. They knew the score here but nobody listened to me, I was branded as the board idiot.

But it is very, very disturbing to me that investors who actually do complain to the appropriate authorities, (I didn't, but I do know some who have done that), are ignored. AIM companies can lie, cheat and do ANYTHING they want to entice investors, and there is absolutely nothing in place to prevent it. So research of any sort is absolutely futile. Very sad.

[farrugia] 20/3/2024 14:14

i'm probably mad but i bought more

[creditcrunchies] 20/3/2024 14:14

These are certainly at a discount now LLB

[beatme1] 20/3/2024 14:14

Low 3s by close and open near 1p tomorrow

[creditcrunchies] 20/3/2024 14:10

This is unfortunately very common with AIM miners they don't have a bottomless pit to finance their operations eventually somebody else takes over the reigns on the resource if it's viable.

[frogkid] 20/3/2024 14:07

No I don't mean today

[beatme1] 20/3/2024 14:05

1p and below How will they pay £27m

[laurence llewelyn binliner] 20/3/2024 14:05

Corica are the contractor for Resolute, Endeavour, Barrick and more, they know what they are doing, how and why the state of relations got to this point is a Q for HUM BOD to engage on, and right now would be good timing, should have been 0700..

Every supplier has their own risk appetite limit on how much credit to extend to any customer, perhaps the agreed invoice deferrals hit it before pay dirt is reached..

An update intra-day RNS should be forthcoming, has anyone sent the BW link to HUM IR to expand on..?

[aimscam1] 20/3/2024 14:02

You mean today !! WARNED EVERYONE. You could have saved 4p if you would have listened this is going bust .

[beatme1] 20/3/2024 13:55

Some major bad news incoming will be able to buy 1p soon

[tigerbythetail] 20/3/2024 13:44

Well, Border Terrier, you can take your bow now!
The fat lady has finally stepped on stage and the orchestra has struck up a tune.
I'm not quite sure how this plays out exactly, but I am pretty sure that there is nothing here for HUM's current investors. IMO, it's either massive dilution or outright bankruptcy from here.

[creditcrunchies] 20/3/2024 13:25

Call investor relations somebody did answer the phone they said they might pass on the message if they're not too busy

[kinwah] 20/3/2024 13:11

If Business Wire had released an announcement bearing Camarco's name which was fraudulent, Camarco would have reacted within minutes to have them withdraw it. I'm a former client of BW and their current client take-on procedures are so strict I'd say there is zero chance this is not a genuine Corica announcement.

[wskill] 20/3/2024 13:09

I have emailed a copy of the mail to confirm its correct HUM are never fast to reply .