Hummingbird Resources Share Discussion Threads

[qs99] 16/2/2018 09:20

Tis all about turning those ounces outside of mine life plan, into known resources and taking the mine life above 6-7 years to 10-12 years....IMO....just read something talking about £1 a share (sharehub) if it can do this in a cost effective way.....DYOR etc...add on some corporate activity in that period and you can see how this can multi-bag.....roll on doubling in the first instance IMO

[arthurly] 16/2/2018 09:19

Half term this week. Think that explains it.

[fsawatcher] 16/2/2018 09:11

this jus mali innit

aint they got sommat else in liberia

country run by the great ex socca player george weir innit

ave population age is 18

me finks they all like socca

does mali do barley?

[zeberdie] 16/2/2018 08:46

THEY WERE.

[croasdalelfc] 16/2/2018 08:35

Ahh got It ! I've been watching gold rush on the tv , quite interesting, it's easy to see those gold dore bars in the photo weren't 25kg

[darola] 16/2/2018 08:35

Sell on news brigade have turned up. Still expect us to hold a blue finish.

HUM is not just about it's known outputs, the compelling part for me is the desire to grow the business and the stated intention to engage in M&A activity. This company will generate loads of cash for years and years, used wisely it could be massive - £5 a share in 5 years.

It's ridiculous when loss making, or negligible profit tech stocks command £1b valuations and HUM sits on a forecast PE of 2.

[ukgeorge] 16/2/2018 08:13

They are not in commercial production!!!!Learn something about mining.

[croasdalelfc] 16/2/2018 08:09

Ok all in sustaining costs are $700 an oz - which gives .....

[qs99] 16/2/2018 08:05

Market likes it IMO

[jimbowen30] 16/2/2018 07:58

Zhockey - there is plenty of gold that will be added to reserves in time. £1 next year is definitely realistic.

[stealth wealth] 16/2/2018 07:57

Interesting.

[charles clore] 16/2/2018 07:56

Or a $1500 gold price

[zhockey] 16/2/2018 07:53

Not without a decent resource upgrade

[charles clore] 16/2/2018 07:50

I think we could see a pound during 2018

[gersemi] 16/2/2018 07:43

It's not free cash flow fella. That's cashflow, a flow of cash from cash sales. FCF is free cash after all cash costs deducted

[shortarm] 16/2/2018 07:43

Poo sounded better lol

[croasdalelfc] 16/2/2018 07:40

600 x 10727?

[qs99] 16/2/2018 07:34

Gold price holding up, company unhedged is it not, ramping up, kow cost producer, confident and prudent management am a big old holder and with decent exploration results will look forward to £1 being breached in due course. I reckon management will also look for acquisitions DYOR

[gersemi] 16/2/2018 07:31

The corner's been turned here both operationally and from a technical perspective. Someone knew of this morning's news judging by the rise yesterday but that's the stock market for ya'

With real volume 50p shouldn't be too hard a struggle by mid-year. Fingers crossed the POO remains solid

[bittorrent] 16/2/2018 07:27

And that's with the lower grade ore, soon they will start feeding in higher grades.

[jimbowen30] 16/2/2018 07:23

Cracking RNS update with very high recovery rate.

[croasdalelfc] 16/2/2018 07:19

Average gold is approx 1330 as they have ramped up so 6.5m Dollars FCF

[charles clore] 16/2/2018 07:19

Excellent progress being made so far.