OTCPK:HUMRF - Post by User
Comment by
ts9222on Aug 09, 2017 4:59am
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Post# 26559580
RE:Hummingird, breaking out when nobody is watching?
RE:Hummingird, breaking out when nobody is watching?I have one eye on hum. Bought some more but find it hard to trade on otc. When i put in a bid, the price goes up and the bid doesn't get hit. When i remove the bid, the price goes back down and trades below my bid. Like it was trying to tease me lol.
One concern i have is the euro has gone up a lot recently and the West African CFA franc used by Mali is pegged to the euro. Hope it doesn't increase the cost too much. They are still saying $70m free cash flow in the first year. I don't think it would be that high after tax and interest expense is subtracted and they don't get 100% of the cash flow. Unless someone knows there is a tax free agreement the first few years? They stated what their tax rate would be and i didn't see any mention of a tax free agreement.