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
  +0.00p +0.00% 4.59p 4.50p 4.68p 4.60p 4.58p 4.59p 2,910,125 14:00:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.7 -0.1 - 62.97

Horizonte Minerals Share Discussion Threads

Showing 10126 to 10149 of 10150 messages
Chat Pages: 406  405  404  403  402  401  400  399  398  397  396  395  Older
DateSubjectAuthorDiscuss
25/5/2018
02:03
Hi craigieboy, there is a very long list of risks stated in HZM documentation, some of which you have covered. For me the "known unknown" is dilution. No one can be sure how much of the equity will have to be given away to finance the build and as, in theory anyway, the share price reflects the share of future profits it is difficult to be sure what your or my current investment is really worth. But as I've said several times in the past, I think a mine will be built, the share price will be north of 4p (my average) and I think it will be at least several multiples north. Totally unscientific but worth a punt in other words. Why do I think this? Well apart from all the variables the market has taken account of and priced in a discount for the future uncertainty I think the quality of the management has been judged against the average AIM mining exploration company when it deserves to be priced at a premium due to its higher experience and competence. Only my opinion of course and I could be wrong. The thing we could all miss is the "unknown unknown" the so called black swan event, which is ironic as you're in the antipodies, Europeans thought all swans were white until they went to Australia and "discovered" the black swan. You can't really run your life as though anything, however unlikely, could happen but it's probably a good reason not to put all your eggs in one basket or borrow money to buy shares etc. Still personally I've been very encouraged with the HZM related news over the last year and am looking forward to building a nice extension on the back of my house one day.
salmonn1
24/5/2018
23:00
Thanks for the comments guys, this is a great bb. Sorry I didn't come back last night but I am +9hrs on the UK. Yes, lots of upside that is there to see and the trend on the upside is good too. Thinking on what could be downsides. Nickel market/price collapse- seems unlikely given stock decline and growth in economies combined with short supply chain and time to market anything new 8yrs Political disturbances in Brazil- always possible Delays or rejection of licencing-would seem unlikely given progress and area history Poor FS- would seem unlikely given what we know already and tendency to outperform expectations Financial failure- would seem unlikely given quality of asset and market conditions Management failure- would seem unlikely given the quality on the board and executive team Technology failure- would seem unlikely as preferred tried and tested route and existing infrastructure Battery market does not grow as expected- always possible should new technology arise but would impact Arag anyhow Anything I am missing chaps?
craigieboy1
24/5/2018
20:04
I bought some shares today just in case!Anyway fellow investors have a look at AEG I personally think that it will multibag.Good luck here!
costax1654x
24/5/2018
19:47
Craigieboy1- if you fancy adopting a 32 year old kid who's potty trained I'll sort the paperwork! Lol
steelstones
24/5/2018
16:03
cgequityinvest - will we get taken out? Almost inevitably the answer is yes. The question is when? I don't have as many as Craig but applaud him having taken the plunge at an early stage. Even now, the price is still in its infancy imho. We have seen explorers like ARS go from 4p to 14p in a year and there is no reason why this could not do exactly the same. There is a nice cup and handle forming which should complete the cup around 7p. That will be very interesting and I can't wait to see the FS!
charles clore
24/5/2018
13:53
Craigie - no one can accuse you of not being bold or being prepared to back your judgement! I have also bought along the way and have to say i feel more confident now than ever - although there are of course no guarantees when it comes to investing in small cap resource stocks. However there are some strong drivers (macro and micro) here which weigh the odds in our favour. Its interesting to look at the upside case in the light of the potential 5 year + supply shortfall in the nickel market - yes we can expect a rerating on the FS being issued but i can also see significant medium term opportunities for further value appreciation as the EV market grows and Arag and Vermelho reach production. Will we get taken out before that? Best wishes for your early retirement plans.
cgequityinvest
24/5/2018
13:34
Indeed! Cheers twigs. Normally in the market from my experience value will out, its unstoppable but can take quite some time!
craigieboy1
24/5/2018
13:30
Well you must have faith in the company with a 1% holding, let’s hope you have called this one right like you did Glencore for you sake and mine! Gl
twigs3
24/5/2018
12:59
Well Giantpeach2 I looked back at all my trades since 2014 and counted 75 buy trades, some as low as 1.4p, earlier today I bought another 100k, then 20mins later another 240k, so total 77 buys and no sells. Holding now 14350000 shares in my SIPP so by my reckoning that's 1% of HZM. Both excited and nervous! If it tanks I will work forever! I then was thinking how strange it is people selling any holdings in HZM at this point but recall Glencore a few years back being traded down to 75p, the CEO was saying all is well etc. and the Management team putting in £2 Billion in cash at £1.25/share, but still the price dropped to 75p so I bought £100k worth at that point into my SIPP and sold them at around £3.80. My faith was in that management team at that time when the opportunity was being ignored by the wider market,so all that money from Glencore has gone into HZM. I feel the same opportunity here with HZM and the faith in the management team. Jeepers I hope it's a good call.
craigieboy1
24/5/2018
12:50
Approx 14.3M shares
uapatel
24/5/2018
11:55
How many is 1% !!!!!!
giantpeach2
24/5/2018
10:23
Did a price check, can sell 100k at 4.61 and buy at 4.59 Recieved some dividends from ITV today so topped up a 100k. Ambition to get to 1% holding by end of May,just 230k shares to add now. Roll on mid year- whenever that turns out to be! Good luck all holders
craigieboy1
23/5/2018
11:03
Steeplejack yes agreed but it looks as if the MMs have brought it back under control now. Strange for a while!
charles clore
23/5/2018
10:57
That is interesting,you'd think that the MM bidding for stock would simply take stock from the MM on the offer.Backwardations are fleeting,hope the bidders win out!
steeplejack
23/5/2018
09:27
What I am saying is buckle up this could get interesting.
charles clore
23/5/2018
09:25
The market appears to be in backwardation. I got a quote to sell 100k for 4.68 and I can buy 100k for 4.675!
charles clore
23/5/2018
09:07
we hold both classes of Nickel.Yes good pointThanks chaps
jailbird
23/5/2018
09:04
Jailbird, Maverick may well be right. I asked JM the question on price stratification at the AGM. He didn't think there would be any change near term, as EV was still a small portion of the Nickel demand. He implied that a single price price was best at present. If you take the view that Class 1 demand through EV rises, that surely means less overall Nickel for the main demand areas. Hopefully this will bolster if not push up class 2 prices aswell. So for me a win win, as we hold both class of Nickel. Good luck all holders
uapatel
23/5/2018
08:26
Nickel prices will rise as processing nickel hydroxides into sulphates is higher costThats why i think lme will split nickel prices
maverick247
23/5/2018
08:24
Correct and company intend to proof of concept upgrading the hydroxide to sulphates both the nickel and cobaltThat process has started
maverick247
23/5/2018
08:23
I know this but are we saying class I Nickel is being stocked and driving up Nickel prices ? Apart from the other fundamentals of Nickel demand
jailbird
23/5/2018
08:14
Jailbird, My understanding is essentially Class 1 Nickel is suited to EV market, which is why Vermelho was such a good acquisition. (IMHO)
uapatel
23/5/2018
08:10
QuestionIs anyone converting Nickel II to class I ?Because when read about stocking up Nickel for EV which one being stocked up.?
jailbird
23/5/2018
07:48
So I guess that probably means fill yer boots while prices are low.
charles clore
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