Horizonte Minerals Share Discussion Threads

[maverick247] 26/9/2017 10:47

Just added another 100k have a nice avg now

[twigs3] 26/9/2017 10:25

Would love to see 12k, good price for a takeover or financing the build.

[soundbuy] 26/9/2017 10:06

Nickel - any projections for yr end? Rolling over a tad.......

[twigs3] 26/9/2017 09:53

Yep would be very surprised if it dropped to 3p to much support now and word is getting out, push to 4p next.

[soundbuy] 26/9/2017 09:51

Ho ho ............. here's hoping

[jailbird] 26/9/2017 09:47

3p days are gone I think :-)

[maverick247] 26/9/2017 08:36

With only 28% float when volume comes it will move like that, I'm looking for 10p+ here by Q1 when BFS is deliveredThats only a few months now and in the meantime hoping for news on other BFS work including the trial mining

[twigs3] 26/9/2017 08:16

Ask just moved to 3.50! Big step up on the small trades this morning.

[jailbird] 26/9/2017 08:14

https://www.google.co.uk/amp/s/amp.ft.com/content/5c6ac1e4-14bd-3de9-ae13-dc0c364ab582

[maverick247] 26/9/2017 07:52

HZM well positioned for the EV revolution thats for sure

[salmonn1] 25/9/2017 19:53

First time I've seen any name recognition for HZM in these sort of articles. If VW are looking for ten year contracts for Co then they're effectively committing to using Ni containing cathodes for the medium term! And if VW are typical of the industry as a whole then perhaps finally we might start to see those sticky Ni inventories start to come down.

[twigs3] 25/9/2017 16:39

Good volume today and a nice 1.5m buy

[maverick247] 25/9/2017 10:04

Dip being bought!

[raymund] 22/9/2017 17:36

Some blue now showing but should the red still be considered as BUYS clearing further overhang or are they now some PI SELLS?

[soundbuy] 22/9/2017 17:02

Liquidity as you expect.....zzzzzz

[steeplejack] 22/9/2017 16:45

We've seen it before.We seem to lack "escape velocity".

[soundbuy] 22/9/2017 16:32

Never see 3p again.............?? We've all said it............zzzzzzzzzzzz


Not really that great a vol in the grand scheme......

[fillipe] 22/9/2017 16:05

Why the 0.60p/shr drop this week? Seeing 3.7p on Monday was warming, but 3.1p showing as a trade just now doesn't have quite the same effect, for holders.

f

[soundbuy] 22/9/2017 12:02

We're gonna hear more news like this with more companies angling for a share of the EV mkt.........positive for Nickel going fwd...

Exane on JMAT (H/T FT AV)

'With one presentation, JMAT appears to have transformed confidence in its future battery materials offer – and with it, possibly begun to address long-term “existential” doubts. JMAT may now join Umicore in being seen as one of the few quoted electric vehicle plays in Europe. This is supported by strong (and sustainable) recent market share gains in autocats. Despite its outperformance this week, we note JMAT still trades at a 25-35% discount to Umicore on most multiples (though there remain some good reasons why that might not close completely).


As we hoped, JMAT presented a show-stopping update of its cathode offer. eLNO (enhanced Lithium-Nickel-Oxide) was developed in under a year (and is proprietary/patented). However, it already has promising customer feedback and appears to outperform the existing gold-standard (NMC). The development speed appears to underline the strength of JMAT’s core science, and leverages the chemistry overlap between cathode and catalysts. JMAT expects to approve a GBP200m plant in mid-2018 (as customer contracts start crystallising), and significant sales volume from FY22.

Morgan Stanley

Based on JM's approximated cost of $30/kg for the cathode material, and adjusting for the fact that at today's metal prices ~$20/kg relates to the raw material pass through, then the market opportunity for cathode producers equates to ~$10/kg. Taking our forecasts for cathode material demand by 2025 ~800kt then this would imply a global market opportunity of $8bn. If we assume then that JM could take a market share of 5% and assume the long term return target of 20% implies $80m additional operating profit contribution. This of course does not take into account the lower metal pass through thanks to cobalt thrifting or increased energy density expected from eLNO.

[strow] 22/9/2017 10:26

slightly concerns me re canna as they are a serious trading institution and they apparently have taken our "solid" henderson holding

[strow] 21/9/2017 16:06

no traders trying to take this down-interesting .........

[gary1966] 21/9/2017 11:53

This is the Hargreave Hale holding. They have been bought out by Cannacord and so no new purchases.