Hummingbird Resources plc Financials

“the risk of unsuccessful discussions with Coris, further delays in ramp up at Kouroussa, lower-than-expected production levels, timing of VAT offsets and receipts, and the ability to secure any potential required funding at date of signing of these financial statements, indicates the existence of a material uncertainty which may cast significant doubt on the Group's ability to continue as a going concern.”

“Management have therefore presented cashflows that supports the conclusion of the Directors that, subject to those discussions with Coris on the loan repayment current loans profile and the continued support of the majority shareholder, CIG, there is sufficient funding available to meet the Group's anticipated cash flow requirements to 31 December 2025.”

“the risk of unsuccessful discussions with Coris, further delays in ramp up at Kouroussa, lower-than-expected production levels, timing of VAT offsets and receipts, and the ability to secure any potential required funding at date of signing of these financial statements, indicates the existence of a material uncertainty which may cast significant doubt on the Group's ability to continue as a going concern.”

“Management have therefore presented cashflows that supports the conclusion of the Directors that, subject to those discussions with Coris on the loan repayment current loans profile and the continued support of the majority shareholder, CIG, there is sufficient funding available to meet the Group's anticipated cash flow requirements to 31 December 2025.”