Member Info for mimbrit

“ Q3 production of 30koz still looks a reasonably conservative forecast”

Please could you say where this number originated?

Three weeks ago (78% through Q3) Dan said 18koz each from both Yan and Kou but you are saying somehow that 83% of that very recent forecast is somehow fine and dandy…

"After 17 years of building Hummingbird from a grassroots exploration company to a gold producer with an annual run rate exceeding 200,000 ounces, I believe the time is right for a new leadership team to guide the Company through its next phase.”

Shame about all those headwinds, Dan, but I’m sure your new role will include appropriate compensation for them.

Pass the sickbag please.

Thanks, Bushy, I guess my business background was always about profitability and not just throughput.

Bushy - how could HUM declare commercial on Monday if that requires three consecutive months above 60% of 120k i.e 7500oz monthly? We know KOU did 4800oz in July and they projected 18000oz for the quarter at Beaver Creek with 75% visibility of that number. This suggests (at best) a commercial declaration in November, doesn’t it?

DS1 - “The new information comes in Q3”

I’m just a little surprised, given >90% visibility of what he has poured/sold in Q3, Dan says “ With Kouroussa NEARING commercial production and the ongoing optimisation programme at Yanfolila, we are confident in delivering improved production in the LAST quarter of the year. ” (my capitals).

I hope I’m wrong, but this doesn’t telegraph enthusiasm for his Q3 numbers.

What do you think?

It’s not a paywall; you only need to register to see it.

However, nothing new there and it remains to be seen how much spam I get as a result…

GI7 - some of what you say could be correct.

People might heed your advice if you didn’t convey it in such an obnoxious and condescending manner.

Has anyone spoken to Ed Miliband?

Funding for IM would be guaranteed in the blink of an eye, like the rest of his harebrained plans.

Nothing negative about the company.

I do hope there is a good outcome for the company but, as a ship owner, might you be a little apprehensive booking into a dock with a sword of Damocles overhead?

Pink Floyd - Time

Thought I had done well to get a few extra at 3.10 early yesterday. Patience definitely required…!

Slightly surprised, after a measured operational update stating Roan multiplier of 10x grade that Leon twice mentions ‘nearly 12x’ and then 0.5g/t to 7-8g/t so 14-16x…

Also disappointed with the ‘blue sky’ talk of 50/75/100kt of copper when we are forecasting only 23-30% of our 25kt capacity this year.

No wonder the SP suffered.

Seis, be fair; Heroric must have brightened everyone’s morning with his ‘red heron’ comment!

Nip over to his LinkedIn profile https://www.linkedin.com/in/john-wood-34601247/details/experience/ for the ultimate in two-fingered salutes from the great man.

Don’t know what he achieved at BAE Systems (someone must), but Teramar was dormant until 2017 and did jack thereafter, and the UK company Aurecon set up achieved the same before closing without, er, submitting any accounts…

As Consuela has regularly pointed out, he does have ‘form’ - https://www.dailyecho.co.uk/business/1752102.31m-collapse-of-ship-re-fitter-leaves-suppliers-fearing-ruin/

Of course, Mary, but

“He added that he is not interested in the shipyard in order to build ships, but rather as a well-placed site for repairs in the North Atlantic.” and

“Harland & Wolff is currently reliant on receiving a huge Government contract to build military submarines, and Flacks said he believes whoever buys the company will require state subsidies.” I thought we had a (sub)contract to build stuff…

Like Stokey, I’m eager to hear what the government has to say.

Does he know one end of Harl’s submarines from the other.

I think we should be told!

Auditors of 2021 were PKF Littlejohn who, according to H&W website are current auditors.

Forrestgrump, try this.

https://digitaleditions.telegraph.co.uk/data/1761/reader/reader.html?#!preferred/0/package/1761/pub/1761/page/69/article/NaN

If you get the online edition, it’s in the Business section, page 69 of 111.

I agree that peeps are reading all sorts of stuff into this that they shouldn’t, but JW hasn’t helped with the revenue recognition issue which is not rocket science.

Is the yellow peril to be seen heading westwards yet; I think we should be told…