Founded in late 2005, Hummingbird Resources is a West African gold explorer and developer (AIM:HUM), which listed on AIM in December 2010. Since IPO the Company has significantly grown its initial resource from an initial 0.8Moz to 4.2Moz at its Dugbe Gold Project in Liberia, West Africa and with the acquisition of Gold Fields’ gold assets in Mali, Hummingbird is now a multi-project, near-term producer with a 6Moz gold resource and 4,000 km2 of exploration ground.
Today we cover London South East interview with Hummingbird Resources CEO Daniel Betts and take a closer look at LON:HUM a company Share Talk has followed closely in 2016.
In this video London South East interview Hummingbird Resources CEO Daniel Betts. In the interview, Dan updates on the Yanfolila and the Dugbe Gold Project and answers investors’ questions. Yanfolila, called” the West Africa’s newest and highest margin gold mine”, has a production target of 132,000 ounces by the end of 2017.
Very good interview and very informative because CEO Daniel Betts is pointing out the companies road map going into 2017. . He says that he is hoping to sign off a debt agreement shortly, and the markets are expecting an update on this shortly.
Daniel says he doesn’t want to go for any more dilute equity, unless the company has no other choice. Share holders could see an extension or maybe Daniel Betts will pull off the one thing no one is expecting, we are watching with interest.
Share Talk has covered LON:HUM since March 2016 and we have had the pleasure to talk to Hummingbird Resources and watch their growth over 2016. Going in to 2017 we think this could be a very interesting story, company to watch.
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