Horizonte Minerals Share Discussion Threads

[maverick247] 15/9/2017 19:17

Blimey plasnryn thats a deramper if i ever spotted one, turns up and presents as negative case as possible Why do they bother, i mean really?

[wooster4] 15/9/2017 17:35

Plasybryn - you are quite correct, your knowledge of HZM isn't as great as it should be.

[maverick247] 15/9/2017 17:27

I believe that large trade showing as a sell was a matched buyer who took the stock as i was digging earlier.A twitter group has been setup now already sharing great research.Ive done a lot of research here and been buying from 2.3 area This reminds me if when i was buying ARS at 2p another fantastic prospectGot my copper play, now my nickel and cobalt just need a lithium play or ETF now and im set for the EV revolution which i believe will be as big as the dotcom boom

[plasybryn] 15/9/2017 17:24

Surely there are still risks here:
1. Currently over bought. Was it the mention of Cobalt?
2. Mine licence permit some months away - perhaps other permits are also required.
3. Full Feasibility Study some months away.
4. Finance to build the mine. How will this be arranged?
5. At least two years to production with a further 12/18 months to optimisation.

I would also like to know why the directors don't own more shares. As far as I know they haven't bought any for a few years and hold collectively around just 4m. Please correct me if any of these statements are wrong. I admit my knowledge of HZM isn't as great as it should be!

[steeplejack] 15/9/2017 17:10

Tempted to think that the late reported sale of 1.147m might have been the last of a line that has been overhanging in the last few days.Blue skies ahead.

[twigs3] 15/9/2017 17:07

Well that was a good day, well placed for next week with the last few trades at full ask, noticed volume has also picked up on the TSX, not long strow and we can start talking about 10p again ;-)

[soundbuy] 15/9/2017 15:53

PT's from brokers here a tad meaningless - all about Nickel going fwd. and their crystal balls are no bigger than mine........

Still only capped at just over £40m........., wouldn't get a half decent football player for that.......

[fillipe] 15/9/2017 15:40

finnCap's CORP has consistently had an 8p tp in place since at least the start of this 2017 calendar year and reiterated this week, Sept 12.

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[maverick247] 15/9/2017 15:18

As i said been under radar only need to look at mcap vs project npv sensitivities and current nickel priceHow many projects are already nearly at base case npv commodity price?Expect as i said before at least 9p here on my own calcsDyor of course

[twigs3] 15/9/2017 14:29

This is really going to break out with the relentless buys coming in :-)

[maverick247] 15/9/2017 13:31

Ive been building a position here on the quiet have been quite astounded by how under the radar this isBased on my research i see this at least 9p on run up to bfs On publication of bfs i expect a significant move north of that, the initial npv calcs do not include yesterdays additional nickel and cobalt resource which the market i feel largely missed

[twigs3] 15/9/2017 13:22

You would have thought it would make sense just to truck it out and process it, itwould also be easy to work out the costs involved. Looks like HZM is now getting noticed for it potential!

[bittorrent] 15/9/2017 13:09

Should they just sell the cobalt ore as it and stands and let someone else refine it? Surely establishing separate refining plant will cost more money and require more permits, better to get the cash to invest in the RKEF plant.

[twigs3] 15/9/2017 12:46

Very little stock about, 3.65 to buy, not going to take long to get to 4p
Looking forward to the nect JM interview to hear more about the cobalt and extra nickel, cobalt at 60k per ton and they have 25,000 tons! Serious amount of extra income.

[steeplejack] 15/9/2017 11:23

I agree with Maverick,having come this far,I'd hang in for a couple of more years.This share has been multiples of the current price as some of my contract notes testify!The stock is unlikely to revisit the old highs but it might get closer than you think.There isn't the old broker proprietary trading to puff the share price up with speculation like a near decade ago but there are solid fundamentals.This is a well managed company with an excellent shareholder list and industry peer recognition......but we all know that here.

[soundbuy] 15/9/2017 10:58

Hello..... little stock around?

[twigs3] 15/9/2017 10:28

Nice tick up, few more buys and this will fly imo

[johncb] 15/9/2017 10:12

Up up we go !!

[twigs3] 15/9/2017 09:24

Hard to buy any now.

[maverick247] 15/9/2017 08:51

Wait until i could sell the asset for significantly more In 2007 nickel hit 50k mt and we are only just coming out the bottom of the cycleAt that nickel price our nickel asset is worth $bn's

[strow] 15/9/2017 08:29

Im not sure as the directors really hold very few shares indeed-mainly just options which dont entitle them to dividends and hold no real value unless converted in any circumstance.
For a take over they are all in a ripe position to make a mint by including the options in the deal-if you were them,what would you do ?

[steeplejack] 15/9/2017 08:15

I suspect JM will entertain offtake agreements or perhaps partnerships rather than an outright sale.Who knows,maybe Anglo Pacific will return to negotiate a royalty agreement in due course.

[maverick247] 15/9/2017 07:53

I would hope they do NOT sell the asset have you seen the NPV sensitivities to Nickel price ? It would be insane to sell now with metals turning bullishAt $14000t nickel npv is $500m + Thats before yesterdays additional nickel and cobalt resource addition which is not factored into the npv pea etc!!

[bittorrent] 15/9/2017 07:36

The language in recent RNS's suggests they are flagging up the asset for a sale sooner than later, I agree with Twigs that it might get taken out before it reaches production.