Horizonte Minerals Share Discussion Threads

[strow] 28/1/2017 06:49

No idea-The main drawdown in LME stocks last year was in Phillipines wet season which is approaching-its all smoke and mirrors anyway as stock can be transferred both ways between LME and SFHE so unless you are easily able to look at equivalent holdings on SFHE it's impossible to know the total.
Again,the upside in the nickel markets now is 5 to 10 years out in my view as some current projects come to the end of their working lives,some finally give up their stubborness or actually wait till their own bankruptcy and there is no further new supply as the incentive price is not high enough.The Phillipines also has about 3 years of its higher grade ore left to run and you never know we may get an ore ban there at some point.
we are definitely investing at a low,but it won't all change overnight.

[twigs3] 28/1/2017 00:12

Strow, do you think we will will have to get environmental license for GAP first before we can get instillation license for the whole project? LME stocks not looking good,up a lot over the last few months.

[strow] 26/1/2017 20:15

After all we haven't even been awarded the full mining licence yet

[salmonn1] 26/1/2017 17:20

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.

[twigs3] 26/1/2017 16:20

Jailbird I have know idea why AMC has such a following and that is the only reason they have a higher market cap,dilution has always been my concern here because of market conditions as I have always stated, however we are now funded to BFS and I'm hoping for a a market cap of 100-150m after that.
Salmonn good idea about the drone, JM does seem hard at it with the marketing at the moment, hopefully with such a busy year there should be lots of news coming out to keep this going.

[twigs3] 26/1/2017 15:42

Well, we may all think that this is undervalued with a market cap of 27m however the market clearly sees this as the correct price, I don't see how you think they could have raised money at a higher price? 2p placing or below was obvious so 2p not bad IMO, we can only hope that the market wakes up in the next 12months and hopefully have a much higher market cap going into financing the build.

[jailbird] 26/1/2017 15:20

I am still disappointed at the fund raising to be honest @2p is still a poor price considering the way the Co talks up the project I have seen loss making Co for years raising at higher prices

[twigs3] 26/1/2017 12:15

2.52 to sell

[twigs3] 26/1/2017 11:45

Thanks salmonn, good interview.

[strow] 25/1/2017 08:35

Got to be good :-)

[twigs3] 23/1/2017 17:26

hxxps://www.steelorbis.com/steel-news/latest-news/global-nickel-production-decreases-in-january_november-968480.htm

[jailbird] 22/1/2017 19:32

Thanks for info Strow

[davydoo] 20/1/2017 12:27

another day of false spread

the trades at 2.45 are sells

I was even offered 2.43 to sell 500,000

[strow] 20/1/2017 08:09

Nickel getting hammered-surprise surprise.
Ususal rubbish from the traders though-extra 5% supply over the next 5 years comes into the markets and they take the nickel price down 20% over 2 months.
Lets hope this forces some hands.70% of producers now underwater again-it just cant last.Its absolutely amazing how stubborn some of them are though.

[wooster4] 19/1/2017 21:37

spread was a little false today. You could sell quantity at 2.4p.

[strow] 19/1/2017 21:27

Jailbird- Breakeven after tax NPV8 is $9,426($4.28/lb) and Net Cash Flow is $8,343($3.79/lb)

[strow] 19/1/2017 11:21

somebodys definitely propping this up atm (makes a change)

[strow] 17/1/2017 22:03

hxxp://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1askvuv-MediumTermNickelOutlook180515e212478.pdf

The latest one i can find that is accessible from Jim Lennon-his long term incentive prices have hardly changed for several years :-)

[jailbird] 17/1/2017 13:44

https://news.metal.com/newscontent/100720055/why-indonesia's-easing-of-the-ore-export-ban-is-bullish-for-nickel-

[strow] 17/1/2017 11:55

hxxp://www.indonesia-investments.com/news/todays-headlines/flip-flopping-the-mining-law-what-are-indonesia-s-new-mining-rules/item7516

[strow] 17/1/2017 11:53

hxxp://www.crugroup.com/about-cru/cruinsight/Implications_of_Indonesias_Decision_to_Relax_the_Nickel_Ore_Export_Ban?utm_medium=Twitter&utm_source=Social%20Media&utm_campaign=CRU%20Insight%20LN%20Jan%2017