Hummingbird Resources Share Discussion Threads

[plat hunter] 09/9/2021 10:19

Golds soft and HUM's MM's are on the bid.Take a look at the accumulation/distribution charts.. Someone is adding big here, which probably goes someway of explaining the epidemic of boiler room trolls this company's forum boards seem to suffer

[golden prospect] 09/9/2021 09:02

LLB, i have not yet done the calculations however I recognise H2 EBITDA will be a geared gain, so $28.5m does not surprise - a great potential outcome.


Edit:
Full year EBITDA target $45m

[jongreenfingers] 09/9/2021 09:01

It takes years for the inflationary pipeline to empty. It's a lagging effect that took over a decade to get baked in. Even if the money taps get turned off today, accross the board salary increase expectations and the increased margins that grocers will be working with, amongst all the rest of the components, won't dissappear overnight. This is a tanker which will take an age to stop and turn. The fed talking about their best intentions to talk about increasing interest rates, won't do anything. Tapering is just buying fewer bonds every month. To continue spiking the punch, just in decreasing amounts does not sober anyone up. And the moment they have to actually do something, markets will throw a monster tantrum and they'll have either back off or crash the market. Either option should work for gold.

[laurence llewelyn binliner] 09/9/2021 08:52

On the Coup d`etat in Guinea the president changed the constitution to override the 2 term limit for that position so he was into his 3rd term, it did not go down well and the result stands, so all things considered he should not be in the presidents chair anyhow..

#Golden Prospect/ #JH, anyone agree/disagree..?

Q1- 22,019 at 1494 AISC
Q2- 24,790 at 1386 (+2,771 ounces / -108 AISC and -39 per ounce per 1000 ounces)

With our 2021-H1 AISC of 1437 per ounce, and FY guidance of 1350-1250 reiterated 4/5 time now, to hit top end at 1350 our H2 AISC has to be 1263 (or under)..

H1 actual | 48,609 ounces sold
H2 forecast using 1800 POG | 537 margin | results in 53,069 ounces of sales (+4,460) with EBITDA of USD 28.5M so Q3 should be nearer 26,000, and Q4 27,000 demonstrating incremental improvements..

[golden prospect] 09/9/2021 08:08

EBITDA of US$16.2 million in H1, the weaker half as forecast

H2 expected to show substantial improvement given ongoing guidance

[dickbush] 08/9/2021 17:34

I agree, JH.

FWIW the BBC reported that miners were excluded from the curfew announced in Guinea.

While the share price can be anything short term traders care to make it, its medium term prospects will be determined by output, the pog, and drilling results at Yanfolila and, prospectively, Kouroussa, with a nudge from Dugbe. Any delay to getting a producing mine at Kouroussa due to border closures etc will IMO allow HUM to extend the deadline. The previous owners, Cassidy, had done nothing towards that for years. In the interim, HUM will build cash even as its drilling program encompasses both Yanfolila and Kouroussa.

As previously, the market needs to see improving gold production qtr after qtr. DB is very aware of this and that's why he hired a COO.

[johnhemming] 08/9/2021 06:56

POG has always been about real interest rates and inflation. I do not detect an appetite from the Fed for real interest rates to increase. I think they will want to tolerate a reasonable amount of inflation whilst talking tough, but not doing that much. Hence I would expect a tapering of bond buying first although if bond rates go up too much they may start buying again.

[buywell3] 07/9/2021 23:08

This is a buywell comment on POG --- nothing more nothing less

POG is now all about the USA FED

$1600 by this xmas now looks a distinct possibility IMO

$1250 by this time next year

dyor

[borderterrier1] 07/9/2021 22:18

Plat Hunter Adios. Have a pleasant evening. Going down? Again?

[borderterrier1] 07/9/2021 19:01

Of course you know why I won't, by using the same flawed logic that you used with:- "I will show you how to do it" and "10 bagger" by the end of December 2020. Perhaps you and the other delusional ramper BushyTailed should get a room? Then you can swap "logical" research with this? 12 p before Christmas.

[plat hunter] 07/9/2021 18:51

Just for you Bishan.


Check out the trend divergence from the Accumulation/Distribution. Someone's been adding for time.

[plat hunter] 07/9/2021 18:10

If you had any credibility at all Border you'd prove me wrong and just tell us all what number you called to sell on a Sunday night.We all know why you won't though, cmon prove me wrong?

[bishan bedi] 07/9/2021 15:26

Platters - It must be about time for one of your charts with the title 'we're in a clear rising trend' don't you think?

[borderterrier1] 07/9/2021 08:48

Plat Hunter. Please let's not forget that you are the guy that insists on making ridiculous, incorrect predictions about where this share price is going on here, not me. Under "normal", circumstances that should actually tell you something (and the others that repeatedly get it wrong) but I guess it doesn't? Investors seem to be abandoning objectivity here. In other words, would anybody have invested in this before "mine completion" if they could have known that here we are almost 5 years later with an share price that is half of where it was as a hole in the ground in 2017? I think not..... and ultimately, the buck stops at the "management", don't you think? Having said that, DB is taking the mick, untouchable, he knows it and he will continue to line his pockets at the expense of the SH. That's one of the main reasons why I am out. I'm afraid after 5 years here I don't share your opinions but please continue with your "logical" approach to trading and I wish you all the very best of luck.

[new_buyer] 07/9/2021 08:42

LOL nothing changes over here!! Plat Hunter keep fighting the good fight!!

[laurence llewelyn binliner] 07/9/2021 08:11

#Charlieeee, the interesting cash build rate numbers coming in our Q3 update will set our stall out and go some towards setting a time frame on Kouroussa, regional stability pending... :o)

Q4-2020 | Cash USD 11M | Gold USD 4M | Debt -USD13M
Q1-2021 | Cash USD 0.5M | Gold USD 4.4M | Debt -USD4.6M
Q2-2021 | Cash USD 9.0M | Gold USD 3.4M | Debt 0.00M
Q3-2021 | Cash and Gold USD 25M | Debt 0.00M ....?
Q4-2021 | Cash and Gold USD 38M | Debt 0.00M ....?
Q1-2022 | Cash and Gold USD 52M | Debt 0.00M ....?

[plat hunter] 06/9/2021 22:33

You've only ever managed to wind yourself up I'm afraid. Saddo talking to himself for 5 years, I do genuinely hope that you seek help and get better soon

[borderterrier1] 06/9/2021 22:18

The right one. But of course, you've got me, it's a fair cop. I've never held a position here, the only reason I come on this bb is to wind the smart guys like you up. It seems to be working.

[charlieeee] 06/9/2021 21:23

The early activities, such as ground works, in the mine build are not the expensive part and so it is still possible that HUM will be able to fulfill the licence commitments from cash flow.

The real costs start to come in with some of the long lead items and it will depend whether full payment is required upfront or whether this can start with a deposit.

So much here depends on where the POG goes in the next 6 months

[plat hunter] 06/9/2021 20:10

The very etx capital at Finsbury London, that is closed on Sundays?What number did you call?