Member Info for jammin86

Not sure why you're surprised, Dan has contempt for shareholders and hummingbird never provides them with the information they need to make informed decisions.

Bet your bottom dollar there are things we are not being told, and they are invariably negative

Hummingbird is worth zero, as I said a week ago.

Get out now while you have the chance to get more than it's worth. Dan will continue to run this into the ground, he is inept at overcoming the challenges that miners typically face.

There will always be issues, and time and again he's been found wanting. I'm utterly shocked ppl are considering buying in here when it's going concern status is so questionable

The gold price is not relevant to HUM anymore

Yeah, I did that lol. looks like YAN is doing OK still!

That link isn't working for me...

Sorry, yes I mean coris (the bank)

If corica oust Betts they may earn their 41% in the end

I'm shocked they only raised the big to 15p (incl div)... Surely this needs at least 20p to pass votes? If only to tempt those involved in the 16p fund raise a few years back.

They're shooting themselves in the foot being greedy. As gold goes higher and results inevitably show increasing free cash flow generation, shantas value keeps increasing.

I'll be buying more

Nevermind, found it.

These directors are truly scum

Where do we vote on hl?

LOL. overvalued relative to the dumpster fire with 150m debt and a fallout with their principal mining contractor.

It's priced low because it's a dog. No doubt the asset is good, but its in Guinea which has a track record of poor delivery

Surely its borderline illegal to inform us that we don't need to vote again, only to find out that we actually do??

33koz last year

targeting 60kpa in 2026 with AISC of 1400.

net cash of c5m at Dec31/2023

I bought hum a year ago because I thought they were close to commercial production on kou. got swept up in the optimism pre-FGP.

I didn't do enough homework to see how terrible management is at delivery. my fault. its been one issue after another at kou

I bought more recently at about 30p

Serabi has turned it around though and is making money

Yeah, they repaid the debt and then what? have shareholders seen ANY value from yanfolila? Nope

I'm not talking about lenders extracting their gains. I'm talking about shareholders. Theyve seen zero value from man

If a company has 40m but owes 150m, is can definitely have a market value of below 40m - it could even be zero if they cease to become a going concern.

50m market cap is a long way to fall still. I think its become binary at this point, given the amount of debt they have.

You give hummingbird too much undue credit. they extracted pretty much no value from yanfolila despite all the promise.

Shanta gold :). the takeover is going to fail again.

serabi is doing a lot better than HUM, too.

I thought you were comparing the current market cap to the cash at hand, which is why I baulked.

As I already said, lenders will win from HUM. They'll get their money back. But PIs won't.