Hummingbird Resources Share Discussion Threads

[rileyma] 25/8/2017 11:50

Thanks to ragnar on lse


The contractor (Ausdrill AMS) confirmed they started working August in their results released earlier this week (slide 12)

[zeberdie] 24/8/2017 16:57

Just point me in the right direction and il cut his crackers off :)))))

[charles clore] 24/8/2017 16:22

Theres a seller who offloads every time he sees a decent buy. Get rid of him and this will fly

[zeberdie] 24/8/2017 15:34

I reckon that our recent buyer wants a big chunk without shooting himself in the foot so he dives in for a wedge then leaves it a few days to cool off before doing the same again. Only a couple of weeks until the holidays are over and it's then that I expect us to really start motoring. St ledgers along with the run in to first pour, could be a lovely combination.

[filterwest] 24/8/2017 14:49

There is more to come.

[filterwest] 24/8/2017 10:03

Come on Hummingbird it's time you need to fly north again.

[tens machine] 23/8/2017 22:57

I wonder if Cora gold could be life after hummingbird for dan betts and the management team. Could be positioned as that hence hiving off these assests

[zeberdie] 23/8/2017 18:44

Beauties them Darola, I read the article this afternoon.

[darola] 23/8/2017 18:02

Depends how big your wheels are...

[zeberdie] 23/8/2017 16:46

5 miles on a dirt road is a canny hike.

[ukgeorge] 23/8/2017 12:07

I doubt we will the logistics make it difficult and costly. As the assets are within trucking distance of Yanoffila I still find it a little puzzling

[mirabeau] 23/8/2017 11:34

I suspect you'll be given the opportunity to participate as a shareholder of HUM. It would be odd if you weren't

We shall see

[lasata] 23/8/2017 11:31

Will we get chance to join in IPO if HUM shareholders?

[mirabeau] 23/8/2017 11:01

Cora will be an IPO and not financed by a rights issue of HUM itself. HUM shareholders will not be suffer any dilution

[lasata] 23/8/2017 10:57

So will there be a rights issue for this? HUM owns 50% of Cora

"Monro says that Cora plans to have an initial public offering “in the not too distant future” to assist in raising “very significant” additional working capital to start off an aggressive exploration campaign across the company’s assets. These campaigns will include drill programmes aimed at delineating maiden resources at the company’s licences.

[rhuvaal2] 22/8/2017 18:30

I am not a quick quitter: fullness of time for me and gold has yet to perform. Sell when every man wants to buy in, etc... which WILL happen

[darola] 22/8/2017 17:18

Lol always was more of a numbers man.

Not really integral at all. My point was I know they plan to produce (mine, or what ever you want to call it) 150k oz, but it's not stated anywhere what the plant could produce if operating at full tilt, or is that full tilt? (rhetorical)

So yes, it is semantics. I'm not here to understand the terminology of mining, just asses the numbers vs risk environment.

And think we all want our exit sooner rather than later, else why are we here?

[ukgeorge] 22/8/2017 17:06

The share was up 3p or 10% which most certainly deserved a boooooooooooooooom!!!!!

The mill capacity of a processing plant is hardly semantics when you are looking into a mining company I would say it is quite integral.

Now my grammar is not great at the best of times but this is terrible. "the company you've got you're £50 pocket money in."

Lets hope we reach your planned exit point asap

[darola] 22/8/2017 16:55

Semantics. And the information on max capacity is trivia anyway, hence not too fussed if I never know the answer. It makes no material difference to my planned exit point.

Going on the maturity of your other posts, and inability to research the day to day news on the company you've got you're £50 pocket money in. I'm guessing your not looking forward to the school holidays ending.

"Boooooooooooooooooooooooooooooooooooooooooooooooooooom we have lift offfffffffffffffff"

[filterwest] 22/8/2017 16:37

This could easily go up 40p+. Production coming soon. Happy Days. Gla.

[napoleon 14th] 22/8/2017 15:51

Ideally, HUM will extend its' production area after +ive surveys,
then raise plant capacity if poss.

[ukgeorge] 22/8/2017 15:31

"Darola22 Aug '17 - 11:21 - 1547 of 1554 0 0
Simply googling hummingbird resources and looking on the news tab shows this article. If you are going to put your cash in to a business, then at least keep tabs on it...."

You didn't even know the throughput of the processing plant...........

[jwhitw] 22/8/2017 15:29

Once they start hot commissioning and start to ramp up quants the system manufacturers will have to demonstrate the plants operation criteria against any claims made. In most cases prior to purchase you would attend a FAT (factory acceptance) then a Sat (site) withholding retentions until demonstrated.
I would imagine Hum management will have something along those lines, they certainly seem pretty switched on to me.excuse the pun.