Hummingbird Resources Share Discussion Threads

[ukgeorge] 18/5/2020 15:03

Gold getting hammered put the Cava back in the fridge.......

[dickbush] 18/5/2020 14:48

Be still my beating heart..30p

It's a bit more than a greenfield. They spent $70 mil on drilling before they bought Yanfolila and swiched their emphasis.

[techandy] 18/5/2020 14:47

There's 30p

[temujiin] 18/5/2020 14:43

Spread widening suggests 30p may not happen today
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bid 29.5 - 30.5 offer

[ronwilkes123] 18/5/2020 14:42

What do I know lol

[casual47] 18/5/2020 14:36

As long as the initial capex remains prohibitive it doesn't matter what the NPV is as Dugbe will remain a greenfield and its contribution to HUM's valuation will be minimal.

Once the funding puzzle is unlocked however...

[ronwilkes123] 18/5/2020 14:13

Spread widening suggests 30p may not happen today

[mad foetus] 18/5/2020 13:44

The lobster likes this on Twitter I think he's good

[avsome1968] 18/5/2020 13:27

70k buy at 30p nice

[techandy] 18/5/2020 13:10

Another big chunk just sold off

[dickbush] 18/5/2020 13:01

DUGBE

16/4/2019: 29% IRR, NPV $186 mil @ $1,300

3/2/2020 : 43% IRR, NPV $336 mil @ $1,500

@ $1,750?

[avsome1968] 18/5/2020 12:56

Having another go at 30p

[qs99] 18/5/2020 12:48

hopefully!

[ronwilkes123] 18/5/2020 12:44

Most are waiting for the 30p break and then will pile in

[dan_the_epic] 18/5/2020 12:37

Ok we're already at 3m. Rather than 3.5 I'd now like to see 4m of volume today

[avsome1968] 18/5/2020 11:09

wow lots of posts today we must be on the move lol, need to finish above 30p today then the fun should begin, volume up hopefully it will flush out our seller nice rns stating that in the morning would be nice, pog flying $1800 end of the week happy days.

[aim999] 18/5/2020 11:05

POG is looking like it could be $1,800 very soon

[ukgeorge] 18/5/2020 11:02

Dividend and share buy back!!!! come on Dan !!!

[ronwilkes123] 18/5/2020 11:01

I've seen before a high vol day can be the precursor to a break out and some traders look for it

[dan_the_epic] 18/5/2020 10:58

OK fine since we are already at 2m I would like to see 3.5m of volume today.

[aim999] 18/5/2020 10:38

I've bought 185,000 today. Absolute bargain with POG at $1,760..... these guys are printing money, even oil is dirt cheap. A perfect storm

[ukgeorge] 18/5/2020 10:31

Fingers crossed the 500k is the last of the seller.

Roll on high 30's in a few weeks and 40-50p in a month or two and even then these will be under-performing the majors.

[ronwilkes123] 18/5/2020 10:20

You've almost got your volume target dan in first two hours

[dan_the_epic] 18/5/2020 10:11

Good and then long-term holders can come in and realise its on less than 1.5x EV EBITDA and hold for a 75% rise rather than a quick 10% one

Want to see this volume churn continue as that's how you get the rating up. accelerated shift of new money in.

[ronwilkes123] 18/5/2020 10:01

Needs to hold its gains, other goldies are doing better and are getting more attention Day traders will dump if it falls back