Horizonte Minerals Share Discussion Threads

[jailbird] 29/1/2018 08:23

Srow,

BMO?

[strow] 29/1/2018 08:18

wonder if BMO have changed the direction of their trade yet :-)

[twigs3] 29/1/2018 08:16

I agree JB would be a good time to get FS out if it was ready, with nickel at these levels we must now be pushing 500m NPV, we could certainly do with a company update if nothing else.

[jailbird] 29/1/2018 07:35

HZM need to capitalize on these Nickel prices..get that BFS out out ASAP I say.

Not been at these levels for some time,technically good, however Nickel prices have fallen back before because the Indonesia and Philippines decide to come online from their bans.

Is this rise to good to be true? Bloody hope so!

[jailbird] 29/1/2018 07:35

HZM need to capitalize on these Nickel prices..get that BFS out out ASAP I say.

Not been at these levels for some time,technically good, however Nickel prices have fallen back before because the Indonesia and Philippines decide to come online from their bans.

Is this rise to good to be true? Bloody hope so!

[cf456] 29/1/2018 07:21

Nickel flying higher again this morning.

[jailbird] 28/1/2018 21:15

https://www.google.co.uk/amp/s/www.bloomberg.com/amp/news/articles/2017-02-21/vale-said-eyeing-1-5-billion-in-disposals-with-iron-deals-nixed

[jailbird] 28/1/2018 21:10

https://www.shareprophets.com/views/33369/new-acquisition-adds-to-the-long-term-potential-of-horizonte-buyAraguaia still remains the main focus for me here in the shorter term, and construction of the mine is still expected to get underway in H2 2018, with production targeted at 14,500 tonnes of nickel per year, via rotary kiln electric furnace processing. Funding is yet to be secured and this is expected to cost around $354 million to reach production, but at current nickel prices of just under $12,000/t, it would pay back this cost in under five years and will have a lifespan of 28 years. Cash costs come in at just under $7,000/t and free cash flows are expected to be in the order of $1.3 billion.Of course if Vermelho is that good it begs the question as to why Vale has sold it to Horizonte, and at what appears to be a low price. But it recently announced a divestment of non-core assets, which includes offloading $1.5 billion worth of them, and given that the project is still a fair way from production, this would seem to be the reason behind the sale. This will require patience and if you are buying then you need to view it as a longer term investment in order to maximise your return, plus there is still some risk associated with financing the projects.

[cyberbub] 28/1/2018 20:26

Why did Vale walk away from Vermelho for a measly $8M if it's so prospective?

[twigs3] 27/1/2018 17:16

hxxps://www.fool.com.au/2018/01/27/why-nickel-stocks-like-independence-group-nl-are-the-ones-to-watch-in-2018/

[twigs3] 27/1/2018 17:13

While copper, iron ore and oil seem to be grabbing most of the headlines, it is nickel that might provide most of the excitement on predictions that there isn’t enough of the mineral to meet the forecast growth of electric vehicles.

UBS is the latest to flag the potential looming supply-demand imbalance. The broker is expecting circa 16.5 million electric vehicles to roll off the production line in 2025 and that means an up to 40% increase in nickel demand (or 900,000 tonnes a year).

“The market is well supplied now, but the rapid evolution of this demand may mean we need new high-quality nickel supply,” said UBS.

“Nickel producers of high grade nickel are not investing & are instead cutting production in some cases. There appears to be investment in sulphate plants which just convert nickel metal to nickel sulphate (ready for battery use), just not in new mine supply.”

But predicting the impact and severity of any shortfall is not as straightforward as one might think. Battery technology may evolve to exclude the use of nickel while others point to the abundance of nickel and cobalt rich Limonite ores.

I don’t have a ready answer for the first issue, but UBS has shed some light on Limonite. The problem with Limonite is the difficulty and cost in extracting nickel from this ore type.

Special High-Pressure Acid Leach (HPAL) plants will need to be built and the current price of nickel cannot financially justify the investment.

So, if Limonite is seen as a solution to filling the supply gap, it can only mean one thing – higher nickel prices.

[yorkie14] 27/1/2018 17:00

HB, good to see you on board.

[strow] 27/1/2018 14:20

Cyberbub-I don't trust the Indonesians full stop-personally would not invest a large amount of money there.Look what they have done to foreign smelter investors-totally screwed them over and only lucky for these investors that the Nickel price has improved.Wouldn't touch with a barge pole-very high risk so higher "potential" to end up with nothing perhaps :-)

[mattjwhity] 27/1/2018 10:50

They have a lot of targets Cyber but many years until they come to fruition. Have a look at the 'Baroi' company notes.Two of the best stocks on aim no question.

[cyberbub] 27/1/2018 10:11

Just looking in here after a number of mentions on ARS. The market cap is almost exactly the same as ARS and at a very similar stage of development... which one has the biggest potential? On with my research....

[maverick247] 26/1/2018 16:20

Not much left at 4.50 around 100k then it moves quite steeply

[maverick247] 26/1/2018 13:07

Met and spoken to management a couple times they are not your aim ramp company, news will come and everything historically has been completed on target to high quality in addition to verhelmo deal which when you factor in araguaia practically next door is a masterstroke imo

[greatfull dead] 26/1/2018 11:12

I respect the management of HZM. IMHO they will inform the market when and only when the have positive news. Timescale, who knows!

GLA,
GD

[costax1654x] 26/1/2018 11:10

I think after FFI with Massive directors buys and loads of cash,this one is one to watch as well!

[cgequityinvest] 26/1/2018 11:07

Share price currently drifting down since start of year (despite the strong nickel price rise) seemingly due to some institutional selling ( maybe those unloading stock they bought at a discount in the recent placing)and pending news on the feasibility study.

The potential remains and is increasing as the nickel price heads north but the market wants to hear about progress on the BFS which could be 3+ months away.

We could do with a progress update from management.

[greatfull dead] 26/1/2018 10:47

I sold mine yesterday at a with a small profit to invest in something else. As ARENIE famously said in one of his great movies, "I will be back"

GLA,
GD

[horneblower] 26/1/2018 10:38

I currently hold 200,000 at av 4.35p.

[yorkie14] 26/1/2018 09:25

HB, did you jump in here? I know you were undecided a couple of months back.

[horneblower] 26/1/2018 08:57

...and rising highs and lows... bullish.