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Being the sad person I am I just tried to calculate when sustainable will be finished we assume they're selling at the same rate as 6th April -11th May TR1's (5 week period = 35million traded).
That same rate would have them cleared by roughly 13th July.
The 5 week average trading volume since 11th May is up 12% for the last 7 weeks (roughly 55million traded so far) which if it continues over the next week could mean they finish up by the end of next week (9th July).
Either way it's looks almost certain they will have finished selling by the time Q2 RNS lands which is normally end of July. So we could have some nice buying/ upswing leading into the RNS. I hope some big buyers see sustainable's float is almost over and joins us for a nice rerate.
If gold comes out to play, like it's doing today, even better! Have a good weekend everyone and remember it's coming home!

Vox interview: https://bit.ly/2UNViLM

Answers some recent questions...
- Kouroussa Cassidy share delay is administrative (no cash sale)
- Cora sell was just getting rid of non core assets and sounds although they got an offer to lose it in one chunk.

Good interview and wish we would get a proper investor Q&A where we can delve more into the strategy and iron out some past issues (understanding reasons for Aisc increase and how they can improve). I liked Russel King.
I hope they can back this up with a better Q2 and some good targets for H2. I still don't think they shout enough about be debt free. Anyone else have any thoughts on it?

Not spending money until Q3 would be a good move to bump up our cash position and fully announce we're officially debt free. Put your invoices in on the 1st of July lads!

Dan didn't seem bothered about it in the podcast.

All of these are buys today including my top up. Hopefully filling up the final big sell from sustainable. This has got to turn soon and with 2 weeks to Q2 news I'm hoping gold can make this even more attractive.

This Cora sell is certainly interesting. We’ve sold it at a cheap price for a quick completion for a reason.

The maths of what we roughly have in the bank would make sense in terms of us buying the new mine in cash. If we can afford it, do it as I know I’m sick of having the overhang of a seller holding us back.

This Cora sell should settle any fears of the Khourousa (spelling) mine not going through.
If gold goes out way we could have a very interesting next month!

Pasofino are doing some serious amount of holes in Dugbe. Looking forward to July for that MRE.

What RNS are you expecting BT? Guinea mine costings/ funding plan?
Q2 not expected until mid/late July.

Finally net debt free.

Probably not an RNS itself but we must be due news very soon. This week last year we had Q4 out and an update LOM/ drilling plan.
It's been a very long period of no news now.

Up-coming news flow highlights:

§ Drilling: A final drilling programme is being carried out at the Sanioumale East ("SE") deposit. Results to be released before year-end to complete Hummingbird's, to date, successful 2020 exploration and drilling campaign

§ Kouroussa gold project, Guinea: Pre-development plans are continuing. The Company is awaiting the award of the mining license by the government to then move into the development stage of this exciting gold project once pre-development plans are complete

§ Mineral resource model update: Once drilling at SE is finalised, Hummingbird will update the Yanfolila mineral resource models and aim to release those findings in Q1 2021

§ 2021 budget: The Company's 2021 budget is expected to be finalised in the coming weeks, with the aim to release in Q1 2021, including key findings and forecast estimates

Good point Richie.

I also think we need to also start a new thread mentioning we’re a gold/ silver company due to our Bunkerhill investment. For the redditors out there!

Yep. Will be interesting to see what happens with gold/silver at 2.30pm. Will it get smashed as usual, are the Redditor's ready to reply?
The dollar is showing some strength which is annoying for POG.
I mention this as it would be great for HUM to release this news into a positive gold price.

Any top drill success in Dugbe & HUM will get snapped up straight away.

Looking forward to our Yan length of mine going back upto 5 years (which should be easy considering the high grade we didn’t mine from this years targets).

Q4 update should be arriving in 2 weeks so not long to wait for positive news.

Nice movement. I think you're right Sands. Looks like that or permit permission in Guinea.

This will turn soon and it looks like we will get an update before Q4 update in 4 weeks time.

Looking at the last RNS we should get ...

§ Drilling: A final drilling programme is being carried out at the Sanioumale East ("SE") deposit. Results to be released before year-end to complete Hummingbird's, to date, successful 2020 exploration and drilling campaign

§ 2021 budget: The Company's 2021 budget is expected to be finalised in the coming weeks, with the aim to release in Q1 2021, including key findings and forecast estimates.

Then in the maybe pile is...

§ Kouroussa gold project, Guinea: Pre-development plans are continuing. The Company is awaiting the award of the mining license by the government to then move into the development stage of this exciting gold project once pre-development plans are complete.

You would expect one of these updates to include an operational update along the lines of "we've had a good end to the quarter".

Hopefully this will coincide with gold picking up next week on the massive US stimulus deal. Lot's coming before year end so make sure you're in it to win it!

Increase of 10% = Nice!

They're net debt free now* going into 6months of good weather/production where they can attack that high grade gold they missed.
Show some confidence and nab these cheap shares before gold rockets again.

*Assuming they've not paid a chunk on the new mine.

I've just topped up (AGAIN). Q4 news out in 5-6 weeks. With gold shooting up with the looming stimulus, I cannot see the down side. This aggressively flips once SC are out.
I wish HUM would buy SC's remaining shares at this bargain price. SC must be down to the last few £million.

I think part of it is deflection from their own directors were selling at the same time!

Funny enough I just came across a trade I made on 09 Oct 2017 @ 39.30p

How we are still below this with all the additions and POG is unreal!