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182 GOLD | Hummingbird Resources World Leader in Flexible Power
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16:39
“We have to run it to make sure it all works and iron out any teething problems. There is still a huge amount of work to do. It is hugely complicated but we are not reinventing the wheel here, it’s a pretty standard gold plant,” says Betts.
of those di erent parts of the project and making sure they all come together at the same time.”
Outside of the plant the major focus
is preparing the camp so it is capable
of housing and feeding the 800-strong workforce expected later this year. Following that the mining  eet will need to be mobilised to pre-strip the pits before the plant is commissioned. Then  nally Hummingbird will construct the tailings dam.
“It is a case of every single element of this project falling under one of the VPs’ scopes of responsibility. It’s all down to the interface
02/04/2015
The gold price and how it performs in the next few years will be a key determinate of Hummingbird’s fortunes. Having based the numbers on a gold price of US$1,250/oz Betts says any  uctuation of $10 on the price will result in $1.3 million either onto or o  the bottom line.
He adds that its a unique industry where
the biggest variable in terms of revenue and pro t is something which is completely out of the company’s control.
“My philosophy is quite simple. I want shareholders to be exposed to the gold


































































































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