Horizonte Minerals Share Discussion Threads

[twigs3] 11/11/2017 19:15

Q3 update due on Monday, if they say fully funded to BFS its good enough for me for me for no placing at 3p

[jailbird] 11/11/2017 17:51

Well spotted That is just good investment strategy Diverse profits to anotherEggs also in more than one basket for risk aversion I have been doing that a little lately

[ayesha4] 11/11/2017 17:50

Thanks Gary.Lets say I bought 100,000 at 4p - it goes to 10p - Ive made 6k.If I buy at 3p - Ive made 7k.Its silly to talk these down for very little overall benefit.

[gary1966] 11/11/2017 17:46

ayesha4,

Griffiths has also recently upped his stake in Communisis and so it does look like he is rotating some of his holdings presently.

Gary

[charles clore] 11/11/2017 17:25

ayesha - the call eluded you. I think you are spot on with ARS and HZM but I'm not sure about ZIOC as I don't know it. The bagger is nailed on imho but we have to be patient.

[ayesha4] 11/11/2017 16:46

MaverickFfsGo back to the posts. I said a placing was on the way. I was shouted down. It came. I said the licence wouldnt be granted in the time frame - it wasnt. Yes I sold. At the wrong time. I was wrong. Position is strong in Asiamet - albeit after a big gamble in BNN. The guys talking this down dont see the bigger picture. They have a massive partner in Glencore. The hard work has already been done. The payday is at most 6 months away. Placing or no placing. The placing at Asiamet was much lower than the share price now. This is one of my three to tuck away - ARS, ZIOC and HZM.I still believe BNN will come good. Call me deluded but thats my view.

[greatfull dead] 11/11/2017 16:41

I managed to top up late Friday. Pleased I had to go to the dentist.

I did not put a limit order on because I nearly always get it wrong buy being too greedy!

See ya all Monday,
GD

[maverick247] 11/11/2017 14:48

Ayesha please dont start your deramping games here like you did in Asiamet after you supposedly sold and wanted back in lower.

[strow] 11/11/2017 13:01

That's just paranoia about protecting a position-my view has not changed since last night

[ayesha4] 11/11/2017 12:36

1m at 4.92Asiamet will bag at least.HZM probably will bag Feb/MarchLast night, the lets talk it down, theres a placing gang were out.

[uapatel] 11/11/2017 11:23

Strow,

Many thanks for your detailed reply, helps me get a picture now of where you’re coming from on the point of raising some cash. More a case of prudence than funds for the next stage. Which is perhaps fair enough with markets being toppy currently. I couldn’t rationalise the need to get a large placing out now when we don’t have clarity on the actual need. Thanks for explaining your view.

[strow] 11/11/2017 11:05

Uapatel-honestly I have no idea and obviously everyone the best time to do a working capital raise would be post bfs.But I have been here as have a few others a very long time and the board have a habit of surprising us with these placings not always following absolute logic to shareholders.I think maybe even as little as $4m would be very healthy working capital to keep the wolf from the door.This should easily last 18 months whilst everything else including the capex raise takes place.Older investors will know what happens on Aim when the general market tanks and it is decimated big time no matter how good the stock.So.......one could argue to those with experience about risk/benefit and fill the coffers a little more now as a compromise rather than with a very frothy and overbought US market be on the wrong side of a wider market move downwards.I know a lot of you guys who are appearing on this board now from several stocks in the past and I know that none of you are stupid and some of you are very experienced on Aim,so you will know what I am talking about.

[amaretto] 11/11/2017 10:54

Bulletin board upon bulletin board has demonstrated again and again and again that Ayesha's views and comments merely reflect whether he is long or short or in or out of a stock. Nothing else. Best ignored.

[salmonn1] 11/11/2017 10:33

Going to the debt providers and institutions with a market cap of circa £100mill would be the preferred scenario, with a fairly stable share price

[uapatel] 11/11/2017 09:59

Strow,

Interested to hear your view on how much you think would need to be raised if you think a placing around 3p. That’s a good discount to the closing price and appreciate you are just speculating, but you have a concern, so interested to hear you thoughts further.

My view (and I don’t really know that much either way) is that surely the time to raise would be when the BFS is available. As at that point the actual next stage and plan can be assessed.

[charles clore] 11/11/2017 09:33

ayesha have you sold? Dont forget what happened with Asiamet. You got burnt there!

[strow] 11/11/2017 08:34

Yep JB you are right-don't say anything more about placings-I have learnt my lesson-don't cross a trader....:-)

[jailbird] 11/11/2017 08:16

StrowRecent raise was for working cap and BFS . If they need any cash , it should be small I am sure Finance required via Debt/equity/JV will already be in their minds with interested parties as BFS is known by Q1. Licence should also be granted.But let's forget takeover can happen anytime BFS .Exciting 6 months ahead .. we long term holders have been waiting for this moment and it is now in touching distance

[strow] 11/11/2017 04:53

Most unpleasant some people

[twigs3] 10/11/2017 23:01

On a positive note more press.
hxxp://www.mining-technology.com/projects/araguaia-nickel-project-para/

[ayesha4] 10/11/2017 22:56

Lets see how this week goes. Q1 this has to be in double figures.

[ayesha4] 10/11/2017 22:52

JailbirdYou misunderstood my post. Im criticising the gits who are talking about a placing. They know nothing.

[ayesha4] 10/11/2017 22:49

If i knew it was going to 20p, I wouldnt sell 3 per cent of the company unless I knew something else was in the wings. This is AIM.

[pinkfoot1] 10/11/2017 22:48

Shareholder takes profit on some of his enormous shareholding shock!