Hummingbird Resources Share Discussion Threads

[temujiin] 31/1/2023 07:51

Resolute, who operate in Mali have today RNS'd exceeded guidance.
'I expect the same here' :)
This forecasting is easy !

[plat hunter] 31/1/2023 07:39

They're now late by my book, if it isn't in by 8 then my sub 6p additions will be sold.

[creditcrunchies] 31/1/2023 07:22

I think they've probably got a cash flow problem that's what I'd be looking at in any RNS that's the biggest risk at the moment.

[jaspoland] 31/1/2023 07:21

Maybe the figures are larger than anticipated and therefore taking a little longer to massage lol

[laurence llewelyn binliner] 31/1/2023 07:16

Its another waiting day for us, they really do want to see what January delivers in full before forecasting..

[temujiin] 30/1/2023 23:54

Interesting posts Plat.
Now let's hope 7 hrs from now we're all enthusiastic HUM and DB fans again :)

[plat hunter] 30/1/2023 21:32

JLP and SLP are a good example... Both PGM producers doing the same thing, in the same jurisdiction, with same providers of ore for similar volumes.

One has no money, a history of dilution with a YouTube wishlist and an army of chat bots that troll alternative opinions other than the CEO being a god. whilst the other didn't dilute and pays circa 16% percent a year in declared and special divis.

Guess which one doesn't do quarterlies?

[plat hunter] 30/1/2023 21:25

Re quarterlies, that's more of a world gold council initiative for greater transparency, part of the aisc movement.

Lots of other companies outside of the gold space do quarterlies too but lots also don't

[borderterrier1] 30/1/2023 21:23

Fat Grunter. I sincerely hope it's a good one for all our sake, but perhaps are you dreaming again?

[plat hunter] 30/1/2023 20:06

Set your alarms peeps.... 7am tomorrow!!

[borderterrier1] 30/1/2023 16:37

CreditCrunches How much time do you think they need? This has steadily deteriorated for ten years. A blind man can see there are ongoing problems and under the present "management" any "more time" would be too much.

[creditcrunchies] 30/1/2023 15:59

Gives them more time I guess

[borderterrier1] 30/1/2023 13:50

LLB There is no requirement for them to issue an RNS and probably won't. Just more mushroom tactics from these clowns.

[plat hunter] 30/1/2023 10:59

Presuming he keeps his Linkedin profile up to date then it appears he's still present

[laurence llewelyn binliner] 30/1/2023 09:12

#PH, interesting point which I was unsure of too, but with Kouroussa underway I would expect him to oversee both as a current need, the need for and decision to appoint Corica would have been directed by the COO..

Q1-2021 - AK appointment so we are coming up 7-8 quarters in now and still on the senior management team web page..

[plat hunter] 30/1/2023 08:55

Is Anthony still with us... I would have presumed Coricca appointment made him surplus to requirements tbh

[laurence llewelyn binliner] 30/1/2023 08:31

I am expecting the Q4 and Q1 outlook in 1 RNS, it would also be great to hear from Dan/Anthony this time in any follow up interviews as they were both hiding under the desk at the last update, and unwilling to participate in any awkward questioning.. :o)

Come on HUM, show us what you have achieved with the addition of Corica..

[plat hunter] 30/1/2023 08:01

The thing with quarterlies, they don't actually have to issue them, or RNS them.

A company is only obliged to issue their interim and full audited. Everything else can be done done via twitter or YouTube etc etc.

The practice does however come under good corporate governance, one particular fundamental drum that I think is very strong here and on that basis, I maintain my opinion for a Tuesday RNS

[temujiin] 30/1/2023 07:51

That's fine LLB, but that's not an excuse to delay the information on Q4 production, which they will probably have known for two weeks now.

[laurence llewelyn binliner] 30/1/2023 07:35

I would expect the company on this occasion to want to see the January production figures so they have the best possible chance of printing a guidance outlook they can hit, and given our record in down grades the last 2 years who can blame them this time, 2023 is going to be a fascinating year as Kouroussa moves ever closer to a 1st pour..Big week for us here, tomorrow, or maybe 1st for results..?

[jaspoland] 30/1/2023 07:13

I guess with Jan almost behind us they will have an indication of any improvement seen in Q4 carrying over into start of Q1.
Just need the update to come out so we know where we are

[laurence llewelyn binliner] 30/1/2023 07:05

It seems they are making us wait another day .. long month January .. :o)