Horizonte Minerals Share Discussion Threads

[maverick247] 22/2/2018 14:33

Selling stopped?

[strow] 22/2/2018 14:06

Personally think the most sensible link up is with Glencore either as J/V or total buyout,but the disadvantage of the latter from Glencore is that we would likely get a poorer offer than elsewhere given the original price that we got from them from half the project.Teck incredibly quiet-could potentially be a dark horse.Personally don't want Chinese anywhere near it-they always screw everybody over

[cgequityinvest] 22/2/2018 13:02

Whilst we wait for the feasibility study do any of you have strong views on how management are likely to take the company forward in terms of production, i.e. do you view Horizonte as a company with exploration/development skills but lacking the experience/financial muscle/operational skills to raise all the debt/equity and minimise the risks in terms of reaching production targets.

It seems there are three broad options:

1/ accept a bid for Araguaia (maybe retaining some form of royalty/minority stake)
2/ Doing a JV with a demonstrably experienced operator who can raise the finance more competitive rates
3/ Horizonte to raise the finance themselves and become an operator.

Option 3 seems the highest risk/reward to me.

[haydock] 22/2/2018 11:40

Featuring on ARS:

[strow] 22/2/2018 08:39

Glencore doing as good a job of talking nickel up as Andy home is doing of talking it down-Interesting that Home never declares whether he has any trading/investment interests........

[uapatel] 21/2/2018 15:03

Looks live even Apple may be getting concerned over battery materials.



Hopefully more cobalt price pressure will mean others will seek more Nickel content for their batteries so pushing Nickel prices up aswell.

Good luck all holders

[maverick247] 21/2/2018 13:38

Indeed charles but looking for a bounce again from here double bottom seems to be solid buy support low 4's albeit low volume currently

[haydock] 21/2/2018 12:28

automaker investment in EVs: $90 billion and counting
The rate at which automotive and battery companies have scaled up electric vehicle investment plans speaks to our opportunity as a supplier of key metals.

Global automaker investments now total more than $90 billion, with at least $19 billion attributed to the US, $21 billion to China and $52 billion to Germany.
Volkswagen alone plans to spend $40 billion by 2030 to build electrified versions of over 300 models.

Chinese automakers are ramping up focus on the EV story, while a number have announced investment partnerships with the likes of Ford, VW and General Motors.

[haydock] 21/2/2018 12:26

With thanks to Mr Roper on ARS from the Glencor report.

During 2017, Glencore commissioned CRU to model the metal requirements to realise the Electric Vehicle Initiative target of 30 million electric vehicle sales by 2030. CRU forecast that 4.1Mt of copper (18% of 2016 supply), 1.1Mt of nickel (56%
of 2016 supply) and 314kt of cobalt (314% of 2016 supply) will be required annually by 2030. As early as 2020, forecast EV related metal demand becomes material, requiring an additional c.390kt of copper and c.24kt of cobalt. In 2017, the
pricing impact / expectation of this new demand dynamic was clearly evident in cobalt, with the spot price rallying 130% through the year

[charles clore] 20/2/2018 22:02

Absolutely incredible the way this share is behaving!

[salmonn1] 20/2/2018 20:30

At the 2015 AGM things looked pretty depressing. In the three years since we've trebled the size of the asset, added cobalt to the mix and the price of nickel is off the floor (at least for the present). In two years time we should have a "IKEA type flat pack" mine ready to go, all the data, equipment pricing and permits in place. An off the shelf mine for anyone interested in the asset. All HZM can do is put everything in place and if markets align it will make money. I agree with strow in the medium term circa 2025 assets like HZM will be in demand, but it might be a lot sooner, investors in mining don't have a good reputation for making rational decisions, I mean the majors have a history of making reckless investments, although they are behaving better at the moment. I think it's difficult to put a price on the company until there's a package in place ready for construction and production. Then we might have a buyer. And HZM are very good at keeping price sensitive information confidential, so we might get a pleasant surprise anytime.

[ayesha4] 20/2/2018 19:42

Demoralising

[strow] 20/2/2018 14:11

For those of you trading this long you have my sympathies atm :-)

[twigs3] 20/2/2018 13:20

“As the only Australian cobalt-nickel-scandium company to have secured an off-take for 100 percent of its expected cobalt and nickel output, the company has (shown that)...Australian Mines is unequivocally a leader in Australia’s cobalt sector.”

Shares in the miner jumped over 60 percent at the start of trading on Tuesday but ended the day up 26 percent at A$0.115 a share, valuing the company at about A$308 million ($243 million).

Australia, home to the world’s second-biggest cobalt reserves, is seeing a rush of interest in projects still years from production as the makers of batteries used in electric vehicles (EVs) seek supplies of the metal from a more costly but less risky source than top producer, the Democratic Republic of Congo.

Without any pure cobalt plays already in production, Australia’s miners are racing to be first to break ground.

Clean TeQ, a close competitor of Australian Mines, owns one of Australia’s largest cobalt deposits, with commercial production slated for 2021.

Clean TeQ signed an off-take agreement with Chinese battery materials maker Beijing Easpring last August for 20 percent of its cobalt and nickel sulphate production.

The company’s shares trebled by December but have dropped since then. The story is similar for other cobalt developers Cobalt Blue, Artemis Resources and Aeon Metals.

[strow] 20/2/2018 12:23

Hopefully we have no such rubbish here and likely for that reason we are actually valued where we should be right now-all that will change,but I'd still rather be dealing with the security of this rather than the over-inflated rubbish of the others which is much more risky

[strow] 20/2/2018 12:20

Guys-I honestly don't think the companys marketing is poor.Not trying to be patronising but I think some of these other companies are not quite the real deal,are full of hot air and smoke and mirrors which is fairly clear to see to a seasoned Aim investor and in addition to this are full of top notch naive investors(ha ha),froth promoting traders and boiler room boys

[maverick247] 20/2/2018 12:03

Twigs i meant i suppose a seller had been at work and what follows is a PI response in addition to boredom sellingAs i mentioned last week company well aware of the PR side and will be providing newsflow imminently as there is a whole host of things to come related to both projectsI think we will see an operational update shortly which should give clarity on plans and restate the case for investing here

[twigs3] 20/2/2018 11:57

I’m not so sure it’s II selling volume isn’t there for them to sell into and we haven’t had any TR1 for some time now, imo it’s probably just PI selling for a small profit or just got bored and moved on, although JM and team are excellent at putting good deals together the marketing side isn’t as good, you only have to take a look at some of the other companies in the nickel-cobalt space to see we are undervalued,why? Have the other companies done a better marketing job or do we have weaker project? IMO they need to start marketing the company now otherwise when the BFS lands it will just get missed again or we get a spike and fall back down.

[maverick247] 20/2/2018 10:15

Hi strow agree. In my opinion one seller has kept us pegged back here creating a 'false' scenario. Ive seen this occur in a number of stocks I have invested in and remember this happened in KEFI a year or two back. As soon as the seller reaches target level or stops the bounce is hard and sustained as there is clearly interest here

Given history for me its just being patient now. My guess is we should consolidate at 4-4.40p untill news flow kicks in

I expect we will start getting news very soon on BFS completion and news around Vermelho PEA plans and interest will spark up again.

Have a look at this from Rick Rule - 13 mins in he talks about intelligent acquisitions and that we have one last chance to get in for the upcoming commodities bull run.



I am positioned and happy despite the annoyance of the seller!

This company will RERATE there is no question in my mind when you have two tier 1 assets in commodities in demand such as nickel and of course cobalt

[strow] 20/2/2018 07:56

Imv the share price means nothing until the bigger investors have had their fill of selling all their cheap placing shares,but interestingly every time they do so they decrease their remaining margins and increase their overall risk going forwards.A lot of my "risk margin" is based on the cheaper shares I bought a while back.We have no environmental licence currently,no mining license currently,no BFS out and drip feed larger sellers .On this basis if one really has to keep talking about share price,I don't think we are doing too badly.

[jailbird] 20/2/2018 01:59

hxxp://blogs.platts.com/2018/02/19/might-nickel-brake-progress-electric-vehicles/

These two articles show Nickel for Steel will be ok as Indo will supply this as it ramps up.

However the battery grade Nickel is the one which will be more in demand and in less supply

This is why we need a different prices structure for the Nickel grades used by Steel and by batteries



Please correct me if I am wrong