Horizonte Minerals Share Discussion Threads

[salmonn1] 23/5/2017 23:19

Oh, forgot to mention, HZM Twitter, 18th May, Teck's Alex Christopher and David Hall reviewing the trial mining. I guess Teck are still providing valuable technical advice and assistance which they have from the rto onwards. Good to see.

[salmonn1] 23/5/2017 23:14

Well spotted Twigs, what's the gist of it?

[twigs3] 23/5/2017 15:59

bit here on EV and commodity prices.

[salmonn1] 23/5/2017 07:55

VW and Toyota groups alone shift 10mil units each per year. The potential substitution of EVs for ICEs is huge. (Or modest we can't be certain). But the trends are encouraging.

[salmonn1] 23/5/2017 07:43

From page 29: "The chemistry used in the NMC cathodes is the state-of-the-art 1:1:1 ratio between Nickel, Manganese and Cobalt. The same chemistry is also used by
Samsung SDI. Panasonic's cylindrical NCA technology (Nickel Cobalt Aluminium) is
mainly used by Tesla.
The upcoming next generation of NMC cells (expected for 2018) will use a
different materials mix: The ratio is expected to be 6:2:2, which means the share of
cheaper Nickel is set to increase while the share of more expensive cobalt and
manganese should drop. With a 2021 view, the cathode materials mix is expected
to be optimized further to 8:1:1." Some more potentially good news, Ni favoured to save on Co. And Ni not just better on cost but less toxic and with none of the mining "baggage" that comes with Co (DRC etc.).

[jailbird] 23/5/2017 07:19

Tesla expect to sell 500k vehicles end of next year..I think..sure not this year

[salmonn1] 23/5/2017 06:49

Worth a read.

If the Chevrolet Bolt becomes the starting gun for a race for ev market share at the affordable end of the market then we'll see every mass vehicle manufacturer speeding up development of their own "Bolt". Tesla has the publicity but the vehicle manufactures have the distribution and marketing etc., they could really get things moving and shift some serious volume if the demand is there.
Respect to UBS, someone has brains, unlike the usual analyst nonsense, buy a car and take it to pieces, inspired!

[strow] 22/5/2017 08:20

They are just going to issue themselves more options Twigs and then exit as part of a takeover deal for no cash down is my guess-thats why we are not seeing more buying from them imv

[twigs3] 19/5/2017 23:04

If this is the time to buy? Wouldn't it reassuring to see sum directors buying?

[jedi k] 19/5/2017 16:44

UBS said. Under its 100 per cent penetration scenario, the bank estimates nickel demand will rise 105 per cent as batteries increasingly use more of the metal. Copper demand will also increase 22 per cent and aluminium 13 per cent. The one loser is likely to be platinum and palladium, which are used as catalysts for petrol and diesel cars, UBS said. Nearer-term electric vehicles, including plug-in hybrids, will make up 14 per cent of the market for passenger vehicles in 2025, it said. By that date the world will need 14 battery factories equivalent to Tesla’s gigafactory to meet demand, it estimates. That will mean a 4.5 fold increase in revenue for lithium miners to $12.4bn. The bank found that the Chevy Bolt contained around 140 kilograms of battery materials such as nickel, cobalt, lithium, manganese and graphite. It also contained around 70 per cent more aluminium and around 80 per cent more copper than a conventional fuel car such as the VW Golf.

[salmonn1] 18/5/2017 22:45

Jb, 24 months might be a tad ambitious. But I used to think there would be a brake on adoption of evs because it would entail an early write-off of the huge capex the car industry has invested in the ice, especially diesel engines. However, disruptive technology like Tesla, "dieselgate" and urban pollution seem to be speeding up adoption. And competition between vehicle manufacturers means no one can afford not to have an EV in their model mix. 2025? Maybe earlier and the vehicle I think lasts longer than the battery, so there will probably be a market for replacement batteries as well! So with a following wind the Ni needed may be significantly above current projections.

[strow] 18/5/2017 22:42

This whole thing is when,not if ,imv-happy buying-low not high 😊

[twigs3] 18/5/2017 22:29

l did read it's a 11kg per EV and 250,000 in the EU were sold last year, not a great deal of nickel, but if things do take of in the EV market that would change.

[jailbird] 18/5/2017 20:41

Raymund,From reading about this , EVs adoption will be significant and Nickel will be another large constituent of itIt is when not If , maybe within next 24 months ?

[raymund] 18/5/2017 17:46

salmonn1, Your post 5504 very significant in my view and follows on from our get together in London when you declared your experience in environmental pollution; I am surprised that no one else has yet picked up on this since, as you say, it may not require much now to set EVs on a sharply upward trajectory. With 11kg Ni per car I would have thought that Ni demand for these could be chunky - but not done any sums!

Would be interesting to get JM's view on EVs at proactive 31st May.

[aim_trader] 18/5/2017 13:55

Horizonte Minerals CEO Jeremy Martin will be presenting to investors at the upcoming Proactive One2One Natural Resources Forum on the evening of 31st May in London. For details and registration, click here:

[strow] 18/5/2017 13:47

oh,so citigroup has changed its nickel trading arm to net short again i see-what a load of pants these brokers are-all reports just used to justify their current positions or a soon anticipated change in position-dont believe a word
no mention ever of no new projects and current projects running down reserves-will be a while,but there will be out and out panic at some point.
HZM are not paralysed and heading into a forced position with this project-whole range of options available -still one of the best nickel projects out there unless youre in russia or vale/glencore etc

[jailbird] 18/5/2017 10:14

If China refocuses on consumption and services , then demand will fall too. We the other countries like the US to spend big on infrastructure as well . It is long overdue.

[jailbird] 18/5/2017 10:12

TwigYes good point .. but need to outweigh dilution of running costs for a year or a higher cost BFS financing instead.It really depends on what Nickel price is acceptable for JM/BoD to raise financing for BFS.We do not know in this climate when Nickel will reach $12k again .. could be 6- 12 months or longer

[twigs3] 18/5/2017 09:55

Sorry just seen the post before last, yes that is an option to put I back a year, but we would see more dilution for running costs.

[twigs3] 18/5/2017 09:52

I get your point JB but time is not on our side, BFS is due end of year, from there we will be looking at financing the project, how are we going to do that if nickel is a 7k? No chance of a good deal!we really need to see 12k but I just don't see that happening in the next 6-12 months unfortunately.

[jailbird] 18/5/2017 09:32

We need a fall in Nickel prices .. how else can LME fall Look at zinc ... fell in deficit eventually helped the zinc prices to recoverNot happened with Nickel as it has not been in deficit

[jailbird] 18/5/2017 09:27

No Twig.. push back project financing a year.. i get the feeling JM is open to that to get a better deal when prices are higher and in our favour .

[twigs3] 18/5/2017 09:12

No, another 20% drop?and how would we get financing on the project? To late for that, we need a 20% rise for any sort of decent deal other wise it's going to be a pay day loan for us!