Horizonte Minerals Share Discussion Threads

[strow] 01/11/2016 11:12

mmm-very surprised no offtake/royalty could be achieved
It is what it is though and I suppose if the other was in the offing in hindsight may not have been able to buy so low for so long.
Havent worked out if I am disappointed or not yet-now means im chasing my tail again to keep up my percentage,but probably at a lower price to do it.
Given that BFS is now paid for with working capital,what should we be worth ?

[haydock] 01/11/2016 10:46

Arguably the brake on the share price was the need to raise cash to proceed with the project.
Without this cash call, it would have remained dead in the water, now it has legs & will be kicking for Xmas.

2p is a much better level than some I have seen of late.

[twigs3] 01/11/2016 10:02

Well could have been worse at least it wasn't discounted. 60% dilution not the best but think we all could see it coming. On a positive side I don't see this going below 2p now so probably a good time to buy, also don't see this is going to be 10p anytime soon.

[soundbuy] 01/11/2016 09:36

not overly a fan of podcasts and such like but........

[soundbuy] 01/11/2016 09:18

Well, still need to spend at few more £K at current prices and then a rise to 10/12p to break even, don't feel there's any rush though....

[wisteria2] 01/11/2016 08:37

Probably a better response on TSX this afternoon! gla.

[jailbird] 01/11/2016 08:10

Well there you goAt current price not cap is approx 25m plus 9m in bank JM said this will be a 100m by year end... that makes it equivalent to 8p

[wooster4] 01/11/2016 07:59

Assuming that these are "proper" investors as well and not the usual AIM bucket shop clients. Now that this is out of the way, may give confidence to some to purchase.

[wisteria2] 01/11/2016 07:50

At least they got the funding away! green light so lets go! gla holders

[soundbuy] 01/11/2016 07:15

'...........conditional placing of 450,000,000 ordinary shares of 1 pence each in the capital of the Company (the "Placing Shares") at a price of 2 pence per Placing Share'

There's your floor at 2p, could have been worse........zzzzzz

[twigs3] 01/11/2016 07:08

450 mil placing

[jailbird] 31/10/2016 23:48

Nickel prices to rise as nickel pig iron stocks fall


LONDON (Metal-Pages) 31-Oct-16. Nickel prices are likely to rise next year as Chinese nickel pig iron (NPI) producers significantly deplete ore stockpiles, metal ...

[goldendigger] 31/10/2016 15:33

I really hope this does what Solomon gold is doing. We are going the wrong way and I'm quite a bit older than when I first bought in here.

[strow] 27/10/2016 18:41

hxxp://www.thejakartapost.com/news/2016/10/26/govt-to-allow-nickel-ore-bauxite-exports-under-new-rules.html

obviously not so good,but could actually hasten some shutdowns-we will see
doesnt be looking to have much effect on pon so far-maybe traders waiting for full details ?

[jailbird] 26/10/2016 08:21

Commodity stocks - producers and non-producers are rallying up.HZM not catching up ...yet?

[jailbird] 21/10/2016 21:19

Forgot too addFed rate hike will be tiny anyway and further hikes will be over longer periods so may not be too much of s concern I expect

[jailbird] 21/10/2016 21:17

Something else to hear in with commodities that are priced in US dollars

If rates go up in December , the dollar will become stronger , this will lower Commodity prices , so we need impact on supply, increase in demand , Philippines suspensions etc be in our favour even more so next year to reach $12000 being forecasted

[jailbird] 21/10/2016 20:55

Market maker...I am just reading out Level 2... not used it for a while so just blabbing :-)

[chrisvoi] 21/10/2016 13:39

I am new to the sit and was reading the HZM topic for a while. Can someone explain what MM that appears in the previous post means. Thanks.

[jailbird] 21/10/2016 08:25

Thanks Salmonn1
Next 6-12 months is the the time for Nickel it seems now, only bullish Nickel news in the news now.

Only WINS on the asking still after the drop yesterday to 2.15p..MM took another 250k I see
All the rest of MMs are on 2.50p or higher. No-one else playing the market yet.

[salmonn1] 20/10/2016 16:30

BHP investing in nickel again, could be interesting, commitment of money not just words.

"BHP spending $2M/month on nickel unit as turning point looms
Oct 20 2016, 10:49 ET | About: BHP Billiton Limited (BHP) | By: Carl Surran, SA News Editor Contact this editor with comments or a news tip
BHP Billiton's (BHP -1.5%) nickel business, which had faced closure after failing to attract a buyer, now is spending $2M/month on improvements and making headway to extend operations through the next decade, the president of BHP's Nickel West mining and processing unit says."There are signs that this year could finally be the turning point for nickel," the exec says, as nickel prices have climbed 17% and global demand rose 6.1% over the eight months through August, led by an 8% gain in China and strong gains in India and China.The BHP Nickel West boss also hints at a potential return to the development of the promising but as-yet unexploited Yakabindie mine, stalled for years because of its $1.1B price tag; the mine is believed to hold 350K metric tons of nickel, ~20% of annual world demand."

[jailbird] 19/10/2016 15:37

500k @2pNo change .. interesting There must be traded by the MM not on the bid

[jailbird] 18/10/2016 11:31

300k sold again today...2 v 1

I am watching here..once the order gets filled, this will move one way or the other.

I like to add ... but waiting yet