Horizonte Minerals Share Discussion Threads

[uapatel] 12/10/2017 23:29

salmonn1, thanks for taking time to post your notes. Look forward to your further notes from the event.

[salmonn1] 12/10/2017 23:07

Hi everyone. Just returned from the Momentous Event. JM gave a 10 to 15 minute interview. I hope it is uploaded because the acoustics for the audience were so bad that it was barely possible to hear what was being said. And, JM said he only caught about one word in ten of my questions, though that could have been my fault.

Having said that, most of what JM said is available in other interviews via BRR and proactive investors. What I heard was as follows:

JM, Good group of corner-stone investors, £9 million raised to take DFS through to completion.

Glencore deal was an important game changer Glencore adjacent to Araguaia, the deal was a big step for the company.

Asked about the rising Ni price JM said, Ni hasn't really moved, the price of the metal is at 12 year lows. He expects improvement in the next 12 to 24 months. It's a very exciting time for Ni with the up-lift yet to come. Also said if Ni reaches 12 to 14k $/t pay back of cap-ex will be rapid (all of this I'm interpreting as it was so difficult to hear), the 16 year average Ni price is significantly higher than the current price.

Asked about Brazil, JM agreed it is a good jurisdiction to work in with interest in HZM from local players.

JM pointed out that there is no new Ni investment in the pipe-line, no new money going into nickel mine investment, meaning HZM is very well placed in the market as the DFS nears completion. Permitting is on course which is another de-risking step.

Couldn't hear much of the following but guess it was something like... with the current share price of 4p it values HZM at 1 1/2 to 2 cents/pound Ni in the ground, Conico sold at 25 etc, won't achieve that but in next six months? could get in to the 5 cents range, i.e. multiple value drivers possible.

Asked to make the investment case for HZM, JM said, HZM is a pure Nickel play, with good institutional support and a fully funded DFS nearing completion.

Then my question, Could JM comment on the recent share uplift for some junior miners in Canada, given HZM is a junior miner with a TSX listing? JM said, TSX is not a large holding at the moment, not many named holders, but there have been expressions of interest.

I also asked for comment on the Ni demand for batteries/EVs looking forward. JM said, the battery Ni space is expanding, pulling Ni from the Stainless Steel (SS) market and the banks are predicting a big increase by 2025 in Ni demand for batteries. The EV market is a very exciting and expanding market for nickel.

Not bad considering neither of us could hear what the other was saying!

However I did get a chance to speak to JM, both before and after the interview, I'll post that tomorrow, regards.

[twigs3] 12/10/2017 22:06

Barchart 100% buy!
hxxps://www.barchart.com/stocks/quotes/HZM.LS/opinion

[twigs3] 12/10/2017 22:05

Also a bit of volume on tsx today.

[pinkfoot1] 12/10/2017 18:40

I would buy a lot more but not liquid enough.This company has a lot going for it-not least the CEO who is a good guy.My target is at least 20p

[twigs3] 12/10/2017 18:17

Nice one pink foot GL

[haydock] 12/10/2017 18:00

maverick247
Commendable effort. I hope the research note is widely distributed.
Timing seems to be impeccable.
Many thanks.

[pinkfoot1] 12/10/2017 17:42

That's me😉

[twigs3] 12/10/2017 17:15

Delayed 500k buy

[johncb] 12/10/2017 16:49

Finally some well deserved progress there's real value in hzm imo

[twigs3] 12/10/2017 16:35

Well what a turnaround from this morning 3% down to 14% up, hopefully with presentation and event tonight all should should be good in the morning for the next leg up.

[strow] 12/10/2017 15:17

yes jb lol

[steeplejack] 12/10/2017 14:55

All very exciting.......this only happens every seven years!

[soundbuy] 12/10/2017 14:55

Need to pop out more often..........

[maverick247] 12/10/2017 14:50

The trial mining results should come soon that will be v interesting proving the high grades its a key deliverable imo

[maverick247] 12/10/2017 14:28

I personally think we will see a large sell printed at some point as price activity was strange, anyway onwards and upwards!

[jailbird] 12/10/2017 14:24

No Strow.. wait What happened to your Lombard theory ..lol Buy on breakout .. why not !

[strow] 12/10/2017 13:55

happy to buy higher too :-)
thanks maverick

[twigs3] 12/10/2017 13:51

3.95 paid all looking good for 6p soon

[thelads1] 12/10/2017 13:33

cannot buy even 15000

[twigs3] 12/10/2017 13:14

Yes thank you both, good read

[uapatel] 12/10/2017 13:11

Maverick (and rapiddave), thank you for sharing those notes.

[haydock] 12/10/2017 13:02

Looking at bar chart, we are in a blue sky situation.
Nothing to stop this raise according to the cheat sheet.
The Japanese cloud has not yet gone bull.