Share Name Share Symbol Market Type Share ISIN Share Description
Horizonte Minerals LSE:HZM London Ordinary Share GB00B11DNM70 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.075p +1.85% 4.125p 4.05p 4.20p 4.125p 4.05p 4.05p 1,874,961 09:49:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.7 -0.2 - 48.34

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Horizonte Minerals (HZM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
15:11:294.10100,0004,095.00O
14:39:394.105,000204.75O
14:27:584.1075,0003,071.25O
14:27:474.05100,0004,051.50O
14:00:344.1010,000409.50O
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Horizonte Minerals (HZM) Top Chat Posts

DateSubject
17/10/2017
09:20
Horizonte Minerals Daily Update: Horizonte Minerals is listed in the Mining sector of the London Stock Exchange with ticker HZM. The last closing price for Horizonte Minerals was 4.05p.
Horizonte Minerals has a 4 week average price of 3.18p and a 12 week average price of 2.30p.
The 1 year high share price is 4.18p while the 1 year low share price is currently 1.93p.
There are currently 1,171,934,300 shares in issue and the average daily traded volume is 2,809,560 shares. The market capitalisation of Horizonte Minerals is £48,342,289.88.
15/10/2017
14:01
uapatel: Think your are right there, strow. To me the Bankable FS is the key to unlocking the share price, although having a steady rise in Nickel certainly helps.
15/10/2017
11:01
jailbird: Reading possible valuations based on Nickel price and revenue/profits and dividends , I think this will be worth multiples of initial 10p share price Takeover will happen but what will be the offer price with the potential valuations we can see ahead
15/10/2017
07:26
strow: You are right guys-it's always these ones that are poorly recognised little gems that are such great investment opportunities for those that know how to add up.The value comes eventually and with it the share price but often can be a long patient wait.It's building well but personally I would like it to remain not so well known for a little longer although I suspect the horse is just about to have bolted on that one
14/10/2017
21:33
rapiddave: Evening All,I wanted to share the note I put together on HZM, link below:http://www.mediafire.com/file/hy82cgn1xzdj865/HZM+Research+Note+12.10.2017.pdfThe numbers for the Araguaia project valuation are simply fantastic in my view and I would recommend that any interested party have a read of the note and take a view for themselves. The intention is to paint the opportunity that I see in HZM against the backdrop of the unfolding Nickel demand story.The numbers (PFS & projected) are based on RNS'd information and industry expert forecasts. The numbers are so good that even at £100m Market cap HZM could still be trading at ~90% discount to the Araguaia PFS NPV given UBS Nickel price forecast of $19,621 in 2020 - just as Araguaia is forecast to go into production.In other words at £100m market cap (8.55p share price) the company share price may have to rise 10x to reach the intrinsic value of the Araguaia project. The company believes that they could double the mine reserves / mine life on top of this through further exploration. Currently only ~28% of the measured and indicated Nickel tonnage is included in the Araguaia PFS.In addition there is the Limonite Nickel / Cobalt tailings resource. Read the note above for my views on how this additional resource may add even further significant value.Anyone interested in asking questions directly please follow me on twitter and say hello at @rapidDave_uk
13/10/2017
11:27
salmonn1: When I spoke to JM at the event he said, It's exciting times for Ni and HZM, the company is "full-on" with the DFS which is taking up most of the company's time and resources at the moment. Regarding share selling, JM said he is in touch with the key shareholders and re Lombard Odier he feels it is not outside their normal trading practices if they are selling some HZM shares into the market. He said he has noticed growing interest in HZM and good support from our major shareholders. JM said he had been in touch with them all in the last month. He said he can if necessary pick-up the 'phone and talk to any of the shareholders individually if required. And whilst Lombard are just doing normal trading, for them, he is not concerned. And although he has to wait for the TR1s to see the share sale picture, he is able to speak to these shareholders at any time to get a feel for what is happening. JM said we were a bit slow on seeing the potential with batteries, but are now looking at limonite as a separate item. The first 8m of ore is limonite, which will be graded, set-aside in separate piles by grade, in sheltered conditions with an adjacent power supply ready to process. I asked if the lowest tech heap leach would be the preferred process route, JM said yes that would be likely. I made the point that this ore has to be dug out anyway to get to the saprolite and is therefore essentially zero cost. JM said we are fully committed to the DFS at the moment, we almost need another team to look in detail at the battery side of things. Regarding a limonite buy-out JM thinks we almost need to get to the "next level" to make this happen. On the share price, JM thinks the recent rise is good and hopes for a break out. HZM would benefit from a market cap' of c. £100m for a deal, but doesn't think it would get there to the end of the year. Looking at the costs estimates coming in from the DFS JM said the capex is likely to come in at 10% plus or minus of the estimate (US$354m) but more on the plus side. [Please note the +/-10% refers to the DFS NOT the PFS which is +/-25% in line with the industry norm]. But there would be an improvement on the opex front, due to different equipment supply options, I said including for example leasing, JM agreed. Returning to the share price, JM, yes up at 4p today, good to see but can't expect a constant increase. In fact an inflated share price peak followed by a large fall would not be useful. But a steady rise would be with regard to a finance deal. JM also mentioned Ni miner suppliers for batteries (not sure what he said) the gist was, only four or five Ni sulphide? suppliers coming on line? mostly in Australia and all have lower grades than HZM's limonite? Later after the interview I asked about progress on the Installation Licence (LI). JM, we have some good connections with the Para State region officials He has names of the key people who can be spoken to directly. HZM have a licence team permanently up in Belem. The licence application is on course, Para State are very keen. JM pointed out that there will be 500 local jobs during the mine process phase (28 years plus) with at least two extra jobs per mine job created in the local economy. And that doesn't include the jobs created during the construction phase. Talking about EVs and batteries again, JM made the point that the Ni price forecast by banks of $14k/tonne is, "for stainless steel alone" based on annual growth estimates, this doesn't take into account any demand for Ni for battery use! I asked if there are two separate Ni markets, steel and battery? JM said there are five or so separate Ni markets, but with regard to Ni in batteries Ni will be diverted from SS to battery supply, so FeNi demand, which is only suitable for steel, will increase in line with any increase in demand from increased battery use. Hope the above is of interest. JM has offered to meet any shareholders who might be interested for a question and answer meeting. I have emailed JM to ask for three of four dates and times. I'll let you all know as soon as I have them to find out if there is any interest. I think it's important we take him up on this offer, it would be mutually beneficial I think, it's a chance for us to ask our own questions. With in the public domain of course. And for anyone living at distance maybe combine the trip with some Christmas shopping. Cheers.
18/9/2017
18:53
salmonn1: Sorry Raymund don't know much about this. JM has mentioned them as one of the "blue chips" on the HZM share register a few times. But if this site is anything to go by there is plenty of demand for any stock they might be selling at the moment! I've bought 360k in the last week or so, but that's probably it for me now, own too much to lower me average any more (4.1p). Incidentally all my buys show as sells. I sympathise with Twigs re timing, but no one can get that right can they? That's why I'd prefer the company to be sold in a way so I don't have to make any decision on when to sell as unless I'm really lucky I'm bound to get it wrong. Anyway, unless you want to buy some more we need the share price to rise to help HZM with the finance package.
15/9/2017
11:23
steeplejack: I agree with Maverick,having come this far,I'd hang in for a couple of more years.This share has been multiples of the current price as some of my contract notes testify!The stock is unlikely to revisit the old highs but it might get closer than you think.There isn't the old broker proprietary trading to puff the share price up with speculation like a near decade ago but there are solid fundamentals.This is a well managed company with an excellent shareholder list and industry peer recognition......but we all know that here.
21/6/2017
09:02
jailbird: Well SalmonnJM has said unless market conditions are right, i.e. the share price and Ni price, then the finance on offer would be too expensive. I think HZM price could rise onFS but Nickel price will be the issue On currrent Nickel forecasting and HZM price means financing unlikely to happen in 2018... pencil in 2019?
26/1/2017
17:20
salmonn1: Twigs, he is and he sets the right tone, doesn't try to hype it up. Looking at the HZM share price graph since February it seems to track the miners in a generic way and hasn't really responded to any news specific to HZM in the longer run. We've just got to be patient.
28/6/2015
13:56
loganair: Divmad - not necessarily. If Anglo are going to sell more shares and to openly report doing so would have an material impact on the HZM share price as long as Anglo report what they are doing to the FTSE then no RNS has to be issued until they have completed what they are doing.
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