Horizonte Minerals Share Discussion Threads

[jailbird] 04/4/2018 11:46

Buyers and sellers around in aplenty
Level 2 weakening still

[uapatel] 03/4/2018 16:09

Twigs,

Many thanks for posting the article link. A good read, not anything we aren’t aware of, but a good reminder of what we have. The Vermehlo Deal is looking better and better with its Class 1 Nickel.

Disappointing recent drop in the SP, but feel this is short term.

Good luck all holders.

[snickerdog] 03/4/2018 14:34

Ayesha, just like Asiamet, worried that you are calling this down to get your own position sorted.

[observer007] 03/4/2018 10:20

The share price is under pressure due to a major shareholder selling down it seems, but this will not last forever, as the stock gets cheaper the sellers stock will be taken faster.

The seller had 157m shares, were down to 95m on 7th March, possibly under 70m-60m now?

Recent RNS shows that some of the sellers stock is being taken by clients of Cannacord.

Once the seller announces via TR1 they are close to out there should be a decent rally IMO.

A good time to accumulate.

[stephen2010] 03/4/2018 00:39

ALBA!!! One to watch but don't hang around. Potential 15 bagger. See link below

[strow] 29/3/2018 20:21

No surprise here guys-I thought it would have come down to placing price a lot quicker

[salmonn1] 29/3/2018 18:18

I confess it's a mystery to me why the share price is heading south. Maybe it's the unknowns around costs, the long term nickel market, when construction will start? So the share price reflects the current Ni price and general market sentiment re the usual global stuff, possible tariff problems etc. rather than HZM's potential. Having read the AR I think they are trying to wring as much cost saving as possible and optimise Ni ore grades given the increase in Ni price. Trying to offset increased opex with an improved NPV. I assume increased inputs are the same for everyone so HZM's relative position on the cost curve should remain around the lowest quartile? Worth remembering HZM is sitting on probably the best large undeveloped saprolite asset globally. And when permitting and a finance package are in place the asset will be revalued, much further north.

[salmonn1] 29/3/2018 17:45

Includes a chunk of the FS I would guess.

[maverick247] 29/3/2018 15:05

Twigs there has been ive been watching the book we would not be at this level had that not been the caseAmount seems to have reduced cant be much to go then we can start the pre FS rise along with vermelho project news

[twigs3] 29/3/2018 14:44

Not so sure there is a big seller at the moment volume just hasn’t been there for a few weeks now, probably just PIs getting board and moving on bringing the price down, seller could well reappear when volume picks up again tho. Share price is very disappointing and thought we had done with 3-4 range, oh well look on the bright side nice and low for isa transfer!

[maverick247] 29/3/2018 14:29

Not sure happens with roll overs dont always see it for transfers if a give up i think

[maverick247] 29/3/2018 14:27

SameAttracting bigger buys now i see if seller finishing we should see a nice bounce here as simply £50m cap including £9m cash is in my book far to lower valuation I still expect an share price by year end in region of 12-15p on satisfactory FS and progress on vermelho and nickel maintaining $13-14k/t level

[jailbird] 29/3/2018 14:15

There is saying often said , Quite common for shares to fall to the placing price but really did not expect it here

[jailbird] 29/3/2018 13:58

Should see another large trade for the buy then

[maverick247] 29/3/2018 13:41

FS extended by a few months to mid year to look at factoring in vermelho saprolite and probably also because some of the work overran but these FS arent mickey mouse exercisesThink thats a good call personallyNow nearly April not exactly the end of the world unless you were a trader looking for a quick 50% i guess

[ayesha4] 29/3/2018 13:26

This is what happens Charles when insiders know that timelines have slipped and start selling. They knew 2017 wouldnt be achieved, Q1 wouldnt be achieved and they seem to know its going to slip to H2.

[charles clore] 29/3/2018 13:15

The market seems to be saying it thinks the comany has wasted that placing money.

[maverick247] 29/3/2018 12:16

That 1.6m at 3.6 is my friends isa transferDidnt expect to see this back at placing price wow

[strow] 29/3/2018 11:51

almost down to the placing price-surprise surprise

[charles clore] 28/3/2018 15:09

Just trying to contribute in a small way to the wealth of information here. No negativity intended!