Member Info for Iglu

The last week there has normally been a big push down in the sp. obviously when millennium where adding to there short position. So far today that’s not happening, either they have stopped or are now unwinding that position and buying back. Time will tell but it’s looking much better so far

It’s Kola that’s the big one here...if they do succeed with it then that’s a 10 bagger from these prices today easy. I’ve added more

With things looking better for CEY in the near future production wise, they could probably fund the new mine build from cash revenues coming in without even touching much of the 300 million they already have in the bank. They don’t need to pay out everything up front to build, it’s a gradual process

Manipulation to release such a joke downgrade to 82p when gold is approaching highs. Bet they placed a huge short on this yesterday before today’s news release, disgraceful. I’ve still got my core holding and will leave it as this news will be forgotten soon enough. Remember we have mostly upgrades BUY ratings from nearly everyone else. Fres is another gold\silver stock to look at....it’s at lows right due to MSCI and that finishes today...it’s a good entry point

it’s rising back up now the manipulators got in at the sp they wanted...what a scam

The company has been attacked by fake news....only broker upgrades are evident. What a shower of ****e some people are

Just took 20k another....thanks. This is going higher with gold

It’s fake news from an idiot

Some big trades showing up.

How long has this MSCI selling been going on, anyone know?

How much profit is fres going to be making now with gold & silver at these prices? Must be an awful lot

The brakes are coming off. Wonder if our shorter friend is buying back...certainly feels different

This is like a coiled spring due to the constant unloading of shares onto the market by sustainable capital. They have pulled this down & down...however anytime now those shares will run out, once that happens I see a strong and swift sp rise back to a more realistic level. I also believe they sold heavily into the last RNS hence the response with the sp. For me the new licence is fantastic news, people moaning about a 5% royalty. Just look at CEY they give around 50% away so in the whole scheme of things it’s very little. But people always complain about something no matter how good a deal would be. AISC costs for Yan should now be falling as per the Company RNS stated. Also debt should be paid off completely, and with gold prices rising the stars could well be aligning for HUM at last. Regarding the funding for the new mine I do believe it will be a combination of debt on far better terms than before as HUM are now in a much stronger negotiating positing & payments from existing cash flows. This way was mentioned in an interview with the CEO... All the monies to build are not needed up front, I imagine some flexible loan will be agreed that HUM can access as and when they need.

https://wp-hummingbirdresources-2020.s3.eu-west-2.amazonaws.com/media/2021/04/22104852/Corporate-presentation-April-2021.pdf

Swampmonster I totally agree...go by what we know & yes the CEO did clearly state it would be paid for with a combination of debt finance and cash generated from existing operations. The loan will also be on more favorable terms than before as HUM are now sitting in a totally different position with Yan fully operational & debt free. Perfect timing if you ask me. As for the posters who are clearly not invested here but are posting several times a day just clear off

There aim is to get the debt paid off ASAP and these higher gold prices will surely help. Another 18.6 million already paid off this year and we are only 5 months in.

During FY2020 repayments of senior debt interest/principal totaled US$12 million; while a further US$18.6 million in senior debt interest/principal repayments have been made since year end.

My 10k buy is marked red as a sell

Low M/cap company that’s generating profits and increasing revenues significantly. Next results will be fantastic that’s clear to see. There are many AIM companies generating no revenues with directors paying themselves more than they do here. Fundamentally nothing has changed from when the SP was over 6p...in fact UOG commercialized another drill since then...time to move on. The SP is a bargain now

From the RKH RNS:
Disposal of Rockhopper Egypt Pty Limited to United Oil & Gas plc completed in February 2020

o Subsequent sale of the Group's entire shareholding in United Oil & Gas plc in August 2020 raised proceeds of US$4.0 million

So RKH out? That’s good to know