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A TO or buyout could well happen. I imagine that once the MRE is upgraded to officially over 5Moz then all the big boys will be even more interested that they already are. They will already have an eye on it, this is not exactly news. Either it will be resisted and we will continue long term and get regular revenue, or there will be a buyout and the journey will end.
It will not be out on the cheap though. Seriously, anyone think that NCM will offer a lowball and everyone will just go “oh ok then go on”. No chance. The second NCM try something like that there will be offers from RIO etc. Ie, a bidding war, and a bidding war would not be bad for the end gains,
Listen to Rick Rules opinion. He knows a thing or two.
They made it very clear that the PFS was made from such a very small portion of the area. They also made it clear that even though it was still from such a tiny area that it is still worth developing into a mine. They are developing it into a mine based on the respectively little info that they know for sure. If you can’t get that you should switch off for a few months and come back later.
How many shares in Hummingbird do you need people to buy before you make your money back?
10p tomorrow? You are a joke. What a bunch of fannies.
Onwards we go…
Yep. Since before EG. I remember when my dream price was 8.5p :-). Then I had my eyes opened a bit wider by some knowledgeable posters on here….
I don’t think the Monday update will be spectacular. It’s more a massive stamp on the way to the next phases. Still excellent to get the PFS, but people should not be expecting them to announce 100mOz, as that is what leads to disappointment.
Who knows? I say more than £1. Some people would call that mad, some would call it pessimistic.
All I’ll say is I’m glad I’m still hiking after over 4 years because it will for sure end up way higher that what I bought at.
Yep. A bidding war could be quite enjoyable.
Hitting gold on the first go is a fantastic result. Great RNS and no doubt a few more to come soon.
I agree to a point. But sometimes you have to call a turd a turd. Like Plode the turd. 99% of the time I filter though.
I don't need to and have never started a thread like that. This will come very, very good in a few months and by the end of the year will be double (at least). It is clear you are trying to sow seeds of doubt. I don't know why you guys even bother anymore, it is so transparent.
Probably next month. Not long now…
Next year?!? Try end of September, and probably a fair bit higher than that.
I personally think it will significantly rerate after the increased MRE and PFS. Not surprised if there is a steady increase as we get closer to those dates though.
Well, looking at his tweet, considering he tweeted a space rocket.....either he is ramptastic or some very good news is coming.
And I do not believe that he is ramptastic.
Yeah. A sharp false drop in the morning to scare people. Bless them for trying.
Agreed. I'm just waiting. MIght have to wait for 6 month or 2 years, but I am quite content waiting with a positive feeling that it will all come very, very good at some point.
Guess it sets the MMs up to do a false drop in the morning to try to spook people.
I believe we will be back at the 35p range much sooner than 12 months. I think we will be a fair bit above that by end of Sept / Oct. One the MRE is upgraded and the PFS is done it will sit comfortably at a much higher level.
I think you will find SD is putting / has put a lot of things in place already, and these things will benefit us all. Look at the drilling plans, look at the new ground. He has a track record of increasing company values several fold, and I feel confident that he will do the same here.