Hummingbird Resources Share Discussion Threads

[arlington chetwynd talbott] 18/3/2023 17:13

I think we all know that this is likely to head north, at least in the short term. Over the longer term it may well prove that this leopard cannot change its spots. In the meantime, since you are still in, be of good cheer.

[borderterrier1] 18/3/2023 15:56

LLB With the continual flow of "intelligent" comments that you make on here I can only assume that you are related in some way to Del Boy? Over a six year period, this has been going DOWN due to mis-management. What don't you understand?

[laurence llewelyn binliner] 17/3/2023 16:04

#Polaris, yes, that makes sense, up to 2020 the calculation stood up, but after with the progress of Kouroussa and Dugbe there are of course associated costs which are are non core to Yanfolila and outside of the AISC for the mine..POG on a tear today, helping us along as we roll up to the end of Q1 and reporting.. :o)

[polaris] 17/3/2023 16:00

Ie. Do not confuse AIC and AISC. The S is important. WGC suggests companies declare both and the reconciliation between them to reach EBITDA and then any other adjustments to reach NPAT.

[polaris] 17/3/2023 15:55

AISCs are the costs to sustain a mining operation. That means any costs associated with new operations and costs related to major projects at existing operations will usually be classed as non-sustaining and so not included in AISCs. They will be included in overall costs and so explain the difference at the EBITDA level. See the World Gold Council descriptions. It is nothing unusual on the part of HUM

[borderterrier1] 17/3/2023 15:46

It really is hilarious reading the debate and comments from all the "shrewd investors" here that think they know where this is heading. For over six years this has been on a downward spiral and the problem obviously is that the Ceo and Bod are useless.......but laughing all the way to the bank. Carry on.

[dickbush] 17/3/2023 15:06

On the positive side, the prospect of a bidder/bidders coming in for Pasofino at a good price must be increasing with the price of gold.

[laurence llewelyn binliner] 17/3/2023 14:27

#DB, definitely one to keep an eye on going forward, and some questions if it repeats, or it does appear that the AISC is not all inclusive of some costs, Q4 on the face of it looks USD2.3M light...?

[laurence llewelyn binliner] 17/3/2023 10:54

#PH, when looking into the above I notice the Q4 numbers..
27,860 ounces sold at 1,726 | 1,248 AISC | 478 margin | EBITDA should have been USD13.3M..

However, 06.02.2023 - Improved Group EBITDA of cUS$11 million for Q4 2022

Have I overlooked something or is the AISC now exclusive of some 20% of costs, perhaps some costs associated with the raise which came very shortly after..?

[zhockey] 17/3/2023 10:53

Don’t tell the share price

[temujiin] 17/3/2023 10:06

Cheers LLB

[laurence llewelyn binliner] 17/3/2023 08:55

#Temujiin, so far for Q1 I have an average POG of 1,878 an ounce, IF we repeat Q4 then 27,860 sold / 1,248 AISC the margin is c150 an ounce stronger, so earnings could be closer to USD15M.. :o)

Interest rate decisions next week will push/pull POG, and anything can happen in the current turbulence..

[temujiin] 17/3/2023 07:56

Q4 28,264 ounces.......... Q1 expected to be 25-28k?
Q4 AISC of US$1,248........ Q1 $1,250-$1,400?
Q4 27,860 oz sold at POG average US$1,726........ Q1 sell at $1,850? POG currently $1,930

Q4 Group EBITDA of US$11 million for Q4


...... We should given the above, have an expectation that Q1 should at least give a similar profit as Q4, which will be useful as Kouroussa closes in on first gold pour.

[borderterrier1] 16/3/2023 17:15

If any "investors" here (and I use the term loosely) want a good laugh go back to post 5000 (2018) and see what I was saying about this then. I looks like the "village idiot" and "board troll" was 200% right? Oh dear. If your faces aren't a deep shade of red, they should be.

[dickbush] 15/3/2023 13:58

US PPI for Final Demand came in way better than expected and January revised down. The net result is y/y inflation of 4.6%. The 3 and 6 month annualised rates are zero and 1.8% respectively.

[dickbush] 15/3/2023 12:04

Credit Suisse Bank is in bad enough shape to frighten markets. This time the Dollar Index is UP 1% but gold is going better, o doubt assuming rate rises need to be tempered.

US PPI due out at 13.30. Consensus is looking for a decline in y/y inflation but for the Core to increase y/y. The latter seems to be of greater interest to the Fed.

[borderterrier1] 14/3/2023 14:11

corrientes1 I don't think that would work because I can't see this going much lower due to the recent hype. But that doesn't mean I think the share price will move N either. Just like the recent SVB scandal where the employees paid themselves a handsome bonus right up to the collapse. I would speculate that's what will happen here.

[corrientes1] 14/3/2023 13:57

Maybe if you short it ?

[borderterrier1] 14/3/2023 12:22

Fat Grunter "Easy money to be made here?" ROFLMAO!!!! What an absolute waste of space you are!

[dickbush] 14/3/2023 11:59

The (Mali)interim government has postponed a constitutional referendum, a key step on the country's path toward elections meant to restore democracy after a military takeover in 2020.

Government spokesman Col. Abdoulaye Maiga said in a statement that "the date of the referendum planned under the political, institutional and electoral reforms of the transition will be slightly postponed. A new date will be set after consultation with the independent electoral management authority and other actors." There was no mention of a new referendum date.

According to Al Jazeera, the referendum is a milestone on the road to elections promised for February 2024. With its postponement, the military will miss the first deadline on a timetable it drew up to return Mali to civilian rule.

The delay had been expected for some time because almost no arrangements had been made for the vote and the draft constitution was handed over to interim president and coup leader Assimi Goita only on February 27, 2023.

[plat hunter] 13/3/2023 23:56

Yup Polaris... EV circa 150 mill gives HUM a floor of 31p with the debt paid off.

I repeat "floor" 😀


Easy money to be made here, hopefully.

[borderterrier1] 13/3/2023 21:30

Plat As I now know from long and very miserable experience, that 42% means absolutely nothing here in the US in real terms......as polaris correctly says. The real market knows differently and it's just another sprat, one of many over the last 6 years.

[whitehunter] 13/3/2023 19:47

Was there only 1 person in the management team subscribing for new shares or did I miss something?