Member Info for Playboy007

Clearly, someone is taking them. It wouldn't surprise me if there was an imminent RNS saying all is resolved. Equally, it wouldn't surprise me if they said new raise, or CIG are taking the company private at 1p. Still holding long with the rest, so fingers crossed Dan can actually do something constructive and get this sorted.

I just sold 256,000. Need to take some risk off the table here.

If you look on the Corica Website it mentions Kouroussa, but not Yanfolila. I know the contractors were changed several times at Yanfolila, but I can't see an RNS which states it is Corica.

Are you sure? Where is that stated?

It's a 5 hour drive from Yanfolila to Kouroussa. I wonder if they could temporarily transport some of the equipment and operators over.

I've been thinking about outcomes here. Let's assume the worst and Corica don't return. Clearly, Coris leniency will be required to keep things going until a new contractor is in place. I think CIG would have appointed someone to the board if they really wanted to take over the company. I do wonder who is funding CIG though. It's portrayed as an investment arm of the bank, but who really knows!

Well, at least the deadline is tomorrow. It seems hard to envisage it being sorted out in a day, when these issues have clearly been brewing for some time. I guess the question then becomes, how quickly can they mobilise another contractor to site? There is another contactor operating on site, so hopefully if HUM are playing hard ball with Corica, they know there are other options. One can but hope. I won't be selling at this price. The original projection was for Kouroussa to do upto 140,000 ounces in the first year. If they are one blast from the fresh rock are a higher grade, then even with one operating set, they should be getting some gold. Any thoughts on who the other contractor on site might be? It would be good to see their size and potential for spare capacity.

It's been 84 years. I've never told anyone this, but once upon a time there was a man called Dan Betts. He built a mine called Kouroussa and we were promised commercial production. Still the less said about yer at the better.

They were always expecting it to take 6 months. With the mining and fuel delays, it wouldn't be that surprising if it dragged out into Q2. Hopefully, they are at least mining higher grade that Q4. They have stated that production is weighted to H2. So, I expect the Q1 numbers will be pretty bad. Guesses on a postcard. My guess is 16k from Yanfolila at an Aisc of $1700 and 10k from Kouroussa at $2200 (not that they will give us those figures). As long as they get to commercial production soon and don't need to raise any more money!!

Mr. Daniel Edward Betts Co-Founder, CEO, MD & Interim Executive Chairman 445.28k N/A 1975

Mr. Thomas Rowland Hill Finance Director & Executive Director 299.2k N/A 1976

I think this is outdated, but gives you an idea.

I've been waiting for this to materialise longer than my children. Can we just get it done, so I can show my mates a picture of it down the pub. Come on Dan. Show us the RNS!

Good luck to you too and have a nice weekend away from the markets.

*you're.

*Illiquid. Eliquid is what you've been smoking to give you that misplaced confidence and conviction.

6 milliob

The 500000 lots are definitely sells as I got sell quotes earlier, at the same price. I don't know about the 700000. Ultimately, I guess it doesn't really matter in the long term. I think I'll just do my own research on TR-1 and leave the BB for a while. Publican, you are thoroughly unpleasant to converse with. Your misplaced condescension and constant posturing by mentioning the size of your position is difficult not to rise to. I think any attempt to make your realise what a fool you look and how utterly hollow your world view is would be futile. I miss Billy boy.

*you're

Over 5 million now. Does anyone know when, assuming they were attributable to CIG, they would have to issue a TR-1? A quick Google reveals several different thresholds which are reportable. In my mind it doesn't change the outcome here, which seems likely to be a doubling, if nothing else goes wrong. But if it is CIG and they are unloading their first tranche to derisk, it could take longer to reach what I see as a more appropriate valuation. I can't help but wonder where we would be already if these blocks weren't being sold off. Announcement of commercial production should put a rocket under the volume to help churn through them.

I count over 4 million shares in blocks of around 500,000 in the last few weeks. I suspect without this seller we would be substantially higher already. Still, at least it's still rising!

https://www.londonstockexchange.com/stock/HUM/hummingbird-resources-plc/company-page

You know Publican, it's possible to disagree without derogatory comments. For example, you could have opted for what makes you think that, or I don't think that is the case. Anyway, time will tell because as I mentioned a substantial holding from a major shareholder will likely see a TR-1 in due course.