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HUM Hummingbird Resources Plc

10.00
-0.20 (-1.96%)
20 May 2024 - Closed
Delayed by 15 minutes
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
  -0.20 -1.96% 10.00 9.50 10.00 10.50 9.65 10.25 3,187,297 16:35:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 150.52M -34.28M -0.0569 -1.71 58.69M
Hummingbird Resources Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker HUM. The last closing price for Hummingbird Resources was 10.20p. Over the last year, Hummingbird Resources shares have traded in a share price range of 4.10p to 18.25p.

Hummingbird Resources currently has 601,918,700 shares in issue. The market capitalisation of Hummingbird Resources is £58.69 million. Hummingbird Resources has a price to earnings ratio (PE ratio) of -1.71.

Hummingbird Resources Share Discussion Threads

Showing 7251 to 7271 of 27475 messages
Chat Pages: Latest  295  294  293  292  291  290  289  288  287  286  285  284  Older
DateSubjectAuthorDiscuss
02/5/2019
21:31
Its a pleasure BT......glad to help :)
fsjamescampbell
02/5/2019
13:36
Fsj. Those were hypothetical questions. Please look that up. And judging by the sells today I was wrong with my prediction that this will be back to where it was 3 years ago. Looks as if it will go down to where it was 5 years ago at 12 p. Or even lower to an all time low of single figures? Fabulous company Fsj! Thank you for all the information you have provided us all with over the years. Well done! And look on the bright side. You can always top up again when it reaches 6p a share. It won't be long.
borderterrier1
02/5/2019
08:17
You brown pube!!!

Read your own question again..................."This is a worthwhile investment, great management and Ceo and then added "but in three years time the share price will be back down to where it started."

you are a moron!

fsjamescampbell
01/5/2019
23:33
Fsj. That's complete and utter B/S and you are a liar for suggesting that's what you would have done. The market runs on fear and greed. You would not have sold at 39p because, like most, at that time, you expected this to go higher. Most of us did. When it got to 39p lots of people were promoting this (mainly you) and most have now got their fingers burnt badly. Unless of course, you knew, somehow, that it was going South. Don't forget, not everybody is as "lucky" and "well informed" as you are.
borderterrier1
01/5/2019
23:14
It's a moot point......because knowing that 3 years ago i would buy in then sell at 39p then buy back at 16p again!
fsjamescampbell
01/5/2019
22:06
Fsj. If the ratio of buys to sell trades today are anything to go by, many share my opinion now. Here's an honest question for you and I would appreciate an honest answer. If someone had told you three years ago that:- "This is a worthwhile investment, great management and Ceo and then added "but in three years time the share price will be back down to where it started."

Would you:- 1. Think the guy was insane? 2. Still invest?

borderterrier1
01/5/2019
19:36
BT - another rambling moronic statement from the boards most prolific liar.......you literaly are that one defective sperm that got lucky and managed to hit the jackpot! You clueless uneducated bottom feeder.......
fsjamescampbell
01/5/2019
18:40
The same goes for every mine, no company, except majors, would ever have all the cash needed for the capex. Hummingbird are in a better position than most, having an operating mine. As mentioned earlier they just need to get costs under control.
andrewsr
01/5/2019
18:31
"Dugbe has a NPV of $186m at $1300 gold, so worth developing at current prices."

What matters is the upfront capex needed to get there and how management will be able to raise this capex. NPV is completely meaningless if there is no feasible route to raise the capex. It will be tricky, probably take quite a bit of time and will require creative funding arrangements with hopefully limited dilution.

casual47
01/5/2019
17:28
A muted response to a positive Dugbe RNS, but the Yanfolila Ore grades are improving now, costs will come down as the remedial works tail off from the 2018-Q4/Q1 carry over AISC, milling volumes will start to increase in Q3, and will have a better understanding of the new lower costs in Q4 as volumes go up, it's a hold for me..!
laurence llewelyn binliner
01/5/2019
16:46
Dugbe has a NPV of $186m at $1300 gold, so worth developing at current prices.
Agreed, they need to sort out costs at Yanfolila.

andrewsr
01/5/2019
15:59
Yes good news and if gold gets back to $1,500 it might be worth developing. For now it is not a game changer (unless it can be sold or JV) IMO.

Pretty much impossible to invest in HUM currently. It is too much of a gamble.

They either turn it around get production back to steady state and costs down or they will need to increase debt or do a capital raise. Management will only invest at 1p that clearly shows the confidence or lack of that they have in the company.

ukgeorge
01/5/2019
15:48
BT no clue, you have absolutely no clue whatsoever. I’ll now leave this board to you as you are beyond help.
new_buyer
01/5/2019
15:04
Good news on Dugbe at last.

Will take a few years and a large pre-production Capex to take it through development but a new project of this size is relatively rare in the gold space these days.

I look forward to reports on progress.

chipperfrd
01/5/2019
13:51
There is nothing to deramp.
ukgeorge
01/5/2019
11:21
TBTT given up deramping on the LSE site so thought you’d do the same here?
new_buyer
01/5/2019
11:19
I've got to ask, 1SF, what paths, and to what destination?
Liberia is one of the world's most impoverished and corrupt countries.
Dugbe is a very high cost and difficult gold deposit - effectively worthless with the gold price as it is now (or anywhere near it).
The market has reacted with complete indifference to the announcement of the Dugbe MDA. I think quite rightly.
All that should matter for Hummingbird is operating Yanfolila effectively and generating some free cash flow - something that so far their greedy and incompetent management have completely failed to do. Surely, the real question here is can Hummingbird avoid having to raise new equity to strengthen the balance sheet ahead of the rain season?

bookwormrobert
01/5/2019
10:15
Thanks 1SF.
rickyhatton
01/5/2019
09:38
Liberia is about so much more than just gold , it opens up many paths
1smallfry
01/5/2019
09:33
Rickyhatton , Liberian assets are already held by hummingbird Liberia , a subsidiary of hum the 10% the Liberian government get is only in the subsidiary company. So yanfolila is already protected
1smallfry
01/5/2019
08:27
It is postive news! Either for sale, joint venture, development etc of the 4.2m oz. Value enhancing.

One hybrid option is to set up a separate entity or subsidiary, something like how Cora was construed, to develop it, giving existing shareholders full rights in the new company/subsidiary? That protects yanfolilia etc

"with this agreement in place, can now look towards taking the next steps at Dugbe in the best interests of all stakeholders"

rickyhatton
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