Horizonte Minerals Share Discussion Threads

[raymund] 24/8/2017 10:34

salmonn1, re my email to Dan Chatsworth, SHARES, just had this from him (after return from hols) "I did see the interims.". Clearly, not going to commit to me or comment so it is a matter of 'watch this space' as to whether or not SHARES pick up on our exciting story!

[haydock] 24/8/2017 09:20

Nickel price seems to be about the high for the last 10 months.
Going on a very good looking upwards line.
Penny has to drop sometime.

[justsomeguy] 21/8/2017 16:04

someone has also been buying 100k chunks :-)

[justsomeguy] 21/8/2017 16:03

HZM has been under the radar whilst Nickel is up over 10% in a few weeks - a twitter group will arrive shortly I feel once this is spotted ad its not widely discussed on Twitter and HZM have a Tier 1 world class Nickel asset with only £30m cap

[salmonn1] 19/8/2017 15:26

teapot let me know if you find one.

[teapot222] 19/8/2017 13:13

A twitter chat group mate not there twitter page ? thanks anyway ??

[teapot222] 18/8/2017 23:33

Does anyone know of a HZM twitter group per chance?

[salmonn1] 18/8/2017 22:37

You're right, JM said about Teck that HZM are separate from them and would seek the best deal for shareholders independent of the link and I'm sure the same applies with Glencore. I've always thought Glencore is a peculiar business, opaque, hybrid of a commodity trader and miner which to me looks to be run by the CEO, Ivan Glasenberg as his personal business almost. Decisions about investments are probably a little untypical, so who knows what their attitude to reinvesting in HZM is?

[strow] 18/8/2017 20:04

Sorry-can't edit from here-I mean it IS going to get interesting at some point-you can just feel it building

[salmonn1] 18/8/2017 19:10

From this week's investors chronicle, "Bucking the fashion for payouts and share buybacks, Glencore sees asset improvements and opportunistic deals as the route to long-term shareholder value. We see little harm in that, and even welcome a strategy tied to longer-term commodities trends".

May be buying back into Araguaia is an option?

[maverick247] 12/8/2017 18:56

Thx v much ive done a fair bit of research i think my figure then of 450k tonnes was correctAs you say low costs I believe in 2008 or 3 not sure which nickel hit $50,000 per tonNow that would make life interesting!

[salmonn1] 12/8/2017 16:43

maverick, yes, in theory. In reality who knows? JM has said HZM is likely to generate over $1 billion free cash flow over LOM. There are so many variables it is impossible to predict. My best guess is HZM will become a working mine, the share price will be north of 6p at least and if not bought out will pay a big dividend. Any mine can make money if its costs are low enough and everything else is in place, and HZM is lowering its costs again from an already low base. As for the rest take a look at Owen Bavinton's interview on the HZM website.

[twigs3] 12/8/2017 16:38

Mav all here.

[maverick247] 12/8/2017 15:38

Ths salmon so would 14.5 x 28 = 333.5k tn total nickel ?Thanks

[twigs3] 12/8/2017 13:29

Yep looking a lot more positive, hope it stays below 3p for the next month as I want to top up then.

[strow] 12/8/2017 10:02

I think a really sad thing is that hardly anyone seems to understand mining stocks anymore-so much obvious lack of understanding and therefore so much more trading rather than investing.
With this,is a distinct lack of real commitment to stocks and fear of loss.
I have only learnt through loss and its a hard lesson but really does teach you to do your homework and understand what you are putting money into.
All looking good here :-)

[twigs3] 12/8/2017 09:20

News like this will help nickel price,
hxxp://business.inquirer.net/234936/denr-orders-nickel-miner-stop-operations

[salmonn1] 11/8/2017 16:49

Hi maverick247, yes, that's tonnes of ore which they plan to convert to 14.5ktn of nickel in a FeNi product per annum.

[maverick247] 11/8/2017 16:06

So 1m tonnes per annum for 28 years? Thats 26m tonnes isvthat right?

[defcon3] 11/8/2017 15:56

The PFS released in October 2016 considers open pit mining for the exploitation of nickel laterite to establish the production of run of mine ('ROM') from eight open pits to supply a targeted 0.9 million tonnes per annum ('Mt/a') of ore to a processing and smelter facility. This facility will use the proven RKEF process with the product being sold at free on board ('FOB') at the selected port of export.

[maverick247] 11/8/2017 15:31

Can someone tell me total resource tonnage we have i thought presentation said 450k but i then thiught i saw elsewhere over a millionTia