Horizonte Minerals Share Discussion Threads

[jailbird] 07/10/2016 08:08

just saw that 1m trade @ 2p(sell) from yesterday

[twigs3] 06/10/2016 09:54

Yes it was a good PFS, I personally think HZM will take it to BFS the probably be taken over, will be interesting to see if Teck or glencore take part in the next fundraising if I remember rightly Teck didn't take part in the last one,so if they do they could well have they eye on HZM.

[jailbird] 06/10/2016 08:53

I am 100% convinced there is a buyer in the background now.
Liquidity has certainly improved after the PFS has ben announced.

I can sell 250k today...not possible without paying less than the cuurent bid at time of asking - this was before the PFS.

[strow] 06/10/2016 08:20

feeling more confident this morning-that was a damn good pfs result-almost only norilsk could have done better if they were at this stage now

[twigs3] 04/10/2016 17:26

Interesting bit here about costs at a couple of mines.
hxxps://www.wsws.org/en/articles/2016/10/04/cale-o04.html

[twigs3] 04/10/2016 16:13

Yes strow loss making mines will close but it doesn't help us right now, we need nickel to shine and be the commodity every one wants to get into, if that doesn't happen we will continue to bump a long at 2p and raise money below,unless we can get a royalty agreement granted. The market clearly wasn't ready for the PFS,I'm for sure disappointed with the share price after its been released and the seller is still there it would appear. Remember this had a price target of 45p a few years back,look what a low share price has done to dilution it's now down to 12p and we have doubled the mine size!

[jailbird] 04/10/2016 13:52

Well you can sell today which is a good sign... liquidity means we have a market for buyers and sellers
Buying interest ? Or selling stopped

[jedi k] 04/10/2016 12:22

Remember these Boys....

During 2015, the price of nickel on the world market fell by more than 40 percent, ending the year at $US8,100 a tonne, compared with a high of $51,800 in 2007. The current price is below the cost of production for more than two-thirds of the world’s mines. The New Caledonia industry recorded losses of $US1 billion for 2015. According to Bloomberg, the Brazilian-owned Vale mine at Goro produced at a cost of $20,000 a tonne last year, while Koniambo spent $33,000 a tonne.

How long before Glencore and Vale make a decision on these unprofitable assets.

The Bank consensus for Nickel Prices is $12K to $14K, they will continue to lose money or face a difficult decision to mothball these huge mines.

Niche players like HZM could them make a decent buck.

[haydock] 04/10/2016 12:15

Why on earth is the mkt obsessed with a few quid in the kitty?
Just look at the shareholders, doesn't even mention APF !

Already profitable at these nickel levels, & undervalued out of site !

This is screaming now as an incredibly valuable asset on an Aim mkt that may go ballistic in the Xmas qtr.

Now if T.W. was behaving as he used to.....
I have seen a few, bargains, but this is beyond belief, all down to a timid set of pi's these days, & a casino mkt !

Now in my day !

[strow] 04/10/2016 11:40

JB-I have no idea-the best value for me is holding long term and see it out.
This will become a mine,so very exciting seeing it progress now.
Be nice to own shares in a miner rather than speculation for once :-)

[salmonn1] 04/10/2016 11:35

hxxp://www.share-talk.com/share-news/positive-pre-feasibility-study-on-enlarged-100-owned-in-brazil/

[twigs3] 04/10/2016 11:33

Hope JM is :-)

[jailbird] 04/10/2016 11:25

Be nice to get passed 3p, then 4p

[jailbird] 04/10/2016 11:23

Thanks Twigs

What you believe Strow

24 months to see 10p?

Who is right
JM end of this year :-)
or Twig 24 months :-(

[strow] 04/10/2016 11:01

would be nice to see 4 steps or more on our ladder for once

[twigs3] 04/10/2016 10:31

Maybe Henderson have stopped selling. If so it should now move up,really would like to see this at 4p+ before fundraising and prove me wrong on dilution!!

[haydock] 04/10/2016 10:17

Many things come together for a share price to rise or fall.

Today the FTSE over 7.000 will be the focus.

HZM is on Aim with all it;'s problems, the shorters seem to be active on all my shares, with the attendant falls.

HZM is however having a relatively good start

Aim will not get a mention, but I was shocked to look at the chart since July.

Screaming up in a way that markets rarely do. Perhaps it will finally attract some interest, it's that time of year.
All we will need then is some serious controlling legislation to alter the casino situation.

Hopefully HZM will reflect the upturn. Miners have had a very good qtr.

hxxp://www.ichimokutrader.com/
Set it to maximum.

[strow] 04/10/2016 09:41

The mms seem to be letting it run now

[twigs3] 04/10/2016 09:38

Finncap have reduced our price target.
HZM) had its price objective reduced by investment analysts at FinnCap from GBX 15 ($0.20) to GBX 12 ($0.16) in a research report issued on Monday. The brokerage presently has a “corporateR21; rating on the stock. FinnCap’s price target suggests a potential upside of 439.33% from the stock’s previous close

[twigs3] 04/10/2016 07:47

1) I believe we have a good project and management team.
2)yes I hope so
3)this really depends on nickel price going forward. 6months still losing money
24months maybe at 10p
All IMO

[jailbird] 04/10/2016 07:27

Twig et all,Ok let me put a question to you another way.If you believe the worst case scenario of 100% dilution is more likely than not , then 1) Why are you invested ?2) Do you expect to make a profit from your investment , if so3) What returns are expecting to make ..ie you target price In 6 months In 12 monthsIn 24 months ?

[twigs3] 04/10/2016 07:13

Yes worse case scenario but a big possibility I think if JM had something in the bag he would have said so when the PFS was released,remember we only have a market cap of 15m so it's going to be tough to get someone to lend that sort of money, when there is no guarantee that it will make it to a mine.

[jailbird] 04/10/2016 02:11

Lets see Twig...
To me, your take on the funding requirements are the worse case scenario,
Our take is more half way, meeting in the middle.