Member Info for wraith

Agree Billyboy2fromiii, ("Production was always stated as being weighted towards H2",....I'm also keen to learn, how Dugbe is going to be progressed,....with the FED shrinking their balance sheet, HUM having very supportive bankers, is very important to me, at this stage.

I am also positive on HUM, having substantially (by 327% shares increase) increased our HUM shareholdings, (with prices paid, s/p@6.8p to 7.775p), in recent weeks,.....I'm always looking at the risk of dilution, as is the market, I would assume, with HUM Market Cap of £27m.

BW

Not long to wait, Sjb777,.....just had another listen to the;-
"Q2 2022 Operational and Trading update presentation with senior management" ( https://www.hummingbirdresources.co.uk/corporate-interviews/q2-2022-operational-and-trading-update-presentation-with-senior-management/ ),.....the guidance given, leads me to believe, that the next quarter update, will show a continuing improvement, on the previous two quarter updates.

BW

It's the timing, January24.

BW

Hi scoredagainsteps,....also still here, with a decent size BOR shareholding,.....I've sliced back, to a very low Gross Average s/p@0.04488p, in this latest rise,.....I'm perfectly positioned now, to participate in the next Fund Raise, if given the opportunity.

Its encouraging to read this, in the RNS;-
"we have experienced an increase in interest in our project and continue to talk with potential partners."
Source: https://www.londonstockexchange.com/news-article/BOR/half-year-report/15651425
BW

Thanks Antha & dai2belts,.....when I checked the prices, I could not understand, why there was such vast distance, between the two prices,.....the figures in the results ( https://youtu.be/bjl3o2LmQno ), is the reason I bought a tranche of SENX shares today.

BW

I'm always happy to see Directors buying, when I'm a shareholder, in the company they run;-

31-Jan-22, Thomas Hill bought 50,000 HUM shares s/p@10.80p,.....by my calculations, that's an increase of 24% approx, to 258,235 HUM shares held.

03-Feb-22, Daniel E. Betts bought 185,000 HUM shares s/p@13.23p,.....by my calculations, that's an increase of 3.54% approx, to 5,419,149 HUM shares held.

BW

Yes, agree,.....the Dugbe Gold Project alone, make HUM present Market Cap of £28m, look very cheap,....when Pasofino have invested US$32m & eighteen months work, (from memory),......to earn a 49% stake in the Dugbe Gold Project,.....I would have thought, Pasofino would be looking to make a decent profit, if they sold their 49% stake, in the Dugbe Gold Project,.....neither has it escaped my eye, that two HUM Directors, increased their HUM shareholdings, at s/p@10.80p & s/p@13.23p in Jan/Feb 2022,.....yesterday, I took another 25,000 share tranche, of HUM shares (s/p@6.8p),....I'm very comfortable buying, at that price.

BW

After checking recent results, I bought some SENX shares today, alamo55,.....just checked those prices, you mention;-

As you mention, SENX are quoted at 6.45 pln,....6.45 Poland zloty equals
1.18 Pound sterling,
(1 Poland zloty equals 0.18 Pound sterling).

BW

Agree Aimster,.....I checked SENX 15th August 2022 Half year results ( https://youtu.be/bjl3o2LmQno ), in the early hours this morning,....I liked what I found.

BW

Thanks for posting link ( https://www.reddit.com/r/PredatorOilandGasPRD/comments/xqaeza/prd_the_sleeping_giant/?utm_medium=android_app&utm_source=sharek ), NickNorth,....only just found it,...look forward to the read,....many thanks to the authors.

BW

We have a Gross Average BOR s/p@0.04488p, PageofCups,.....if BOR stood at 17p today, I would not be selling,......if forced to take that price, I would immediately reinvest the Funds, straight back into increasing our RKH shareholdings, which are already larger, than our BOR shareholdings, at present.

BW

Morning,.......only have a basic understanding, of charts, myself,.....looking at this 20 year chart ( https://www.bullionvault.co.uk/gold-price-chart.do ), that looks like a cup & handle formation,.....once the FED, have to reverse course, the Gold Price will shine (IMO).

BW

Hi GRH..., as long term PRD shareholders, we (my wife & myself) are also holding PRD, for the full journey,....I don't post that often, but do read the board on a regular basis,....I have no one on filter, as I like to read all posters views,....I have read your posts, with interest,.....obviously, as a PRD shareholder, I hope your views, on Morocco, are correct,....if you decide to post again, I will be reading your views, on Morocco, with interest.

BW

Exactly MarketGunslinger,.....he has been developing the cash flow, which will put ZEN in a good position, to progress Tilapia or Benin ( https://www.londonstockexchange.com/news-article/ZEN/offer-for-seme-field-in-benin/15640017 ) forward,....both have Oil in place, as you highlight.

BW

The 17th, would make a nice birthday present ("Assuming Italy pay up in December"), Lenbeary,.....if they do pay up, in December, with RKH having 582m shares in issue,.....a net amount of £165m payable to RKH, would be approx 28p per share cash, adding a further 7p placing price to that, would give an s/p@35p approx,.....then we have the potential upside, of Sea Lion development to look forward to, along with the rest of their acreage,.....I'm looking forward to the journey.

BW

We don't hold any gold or silver, bonker99,.....if we did, it wouldn't be -"Unallocated Gold"- ( https://www.bullionvault.co.uk/gold-guide/unallocated-gold ),....it would have to be -"Allocated Gold"- ,......instead, we hold a portfolio of Detached Houses & Terrace Houses (double figures), along with an investment, in a land position.

BW

Oil (Brent Crude US$84.06) being lower, should help,....the short term Gold Price ( https://youtu.be/U8GewOQzGug ), does not bother me,....having a very supportive bank, whilst HUM build the Kouroussa Gold Mine to first pour, is the good news I'm looking for, at this stage,....with the Fed shrinking its balance sheet ( https://www.bankrate.com/banking/federal-reserve/how-shrinking-fed-balance-sheet-impacts-your-finances/ ).

BW

tonynorstrom1,....from 25:30 into clip ( https://youtu.be/dXDiKBhQSAo ), the guidance given is, debt free, with Serenity appraisal well fully financed,.....if Serenity appraisal well successful, EOG s/p should be very much higher than at present,(IMO),....should further Funds need be raised, at that point in time, it would be at a much higher EOG s/p level, (IMO).

BW

Afternoon bonker99,....now Pasofino, have completed their Feasibility Study ("FS"), on Dugbe Gold Project, earning their 49% after eighteen months work & US$32m invested (from memory),....it will be interesting to see, how the Dugbe Gold Project, is progressed,....HUM with a Market Cap of £28m,....HUM retaining 51% of the Dugbe Gold Project ( https://www.hummingbirdresources.co.uk/operations-projects/liberia/#dugbe-gold-project ).

Not many months, to first pour on our second Gold Mine ( Kouroussa Gold Mine),.....it will be interesting to see, what the blended all In sustaining cost (“AISC”), is across the Yanfolila Gold Mine & Kouroussa Gold Mine.

BW

In the Proactive One2One Investor Forum - July 6th 2022 , from 26:43 into clip ( https://youtu.be/dXDiKBhQSAo ), a question on finance was discussed, the comment, -"so your safe"-, left me with the thought, that no further placing would be required, in the near future.

BW