Horizonte Minerals Share Discussion Threads

[craigieboy1] 11/5/2018 14:00

Yup. We just have to be patient, there are traders, short sellers and the market.
Time and patience will deliver from this exceptional opportunity guys. With 12m shares In the kitty I feel as comfortable as is possible with that exposure. Got to ride it out.
The weak ones are selling for short term gain. Take a breath and look again near end Q2 early Q3. Ding ding!

[maverick247] 11/5/2018 13:44

Depends on timeframe ?

[coldspring] 11/5/2018 13:38

I am a logical person so quite frustrated by the share price at the moment. All the ducks are lined up but there must be better places to have money invested. I can't see where though.

[maverick247] 11/5/2018 12:41

Insane ay i guess it wont matter in a few months $29 bn of contained nickel/cobalt - would be £800m cap if Friedland involved lolLets see what happens when wider market wakes up as for me remains the strongest conviction investment in my PF

[twigs3] 11/5/2018 12:28

Price action is unreal, massive increase in resource and the price in now lower ! WTF is happening?

[maverick247] 11/5/2018 12:13

Yep so likely we could get news on that this side of FS Think some other FS news before the main event possible too

[craigieboy1] 11/5/2018 10:06

Looking forward to it Mav. In fact that's an understatement and I can't wait!
Retirement at 55 or work to 70+ rests on this baby!
Another thought I had is that HZM have consistently increased metal in the ground at each stage, hopefully the BFS will keep that pattern.

[twigs3] 11/5/2018 10:05

I got the impression that metal testing is already underway so like you said mav news on that should be soon.

[maverick247] 11/5/2018 10:00

If they hit the end Q2 early Q3 target then that could be just 11 weeks away and as you say could be a great FS if they also factor in V saproliteWould also be getting news on the battery metals testing soon too Not really much time for larger buyers to position Cracking year ahead

[craigieboy1] 11/5/2018 09:57

My personal opinion is that the A BFS will include a certain amount of potential product processing from V and hence the delay in its issue as it affects the size of A CAPEX and OPEX. When this is clarified and stated it's at this point I think the fireworks will start for realisation of market value. Time will tell.

[maverick247] 11/5/2018 08:06

What about the bit where offtake may come before or after FS ?Thats sounds pretty confident on the FS itself doesn't it

[ronconomics] 11/5/2018 07:58

In interview i noticed Jeremy said "demonstrate" rather than "test" the metals which struck me as a more confident tone.

He also reminded us that the search and purchase of V was at a 12 year cyclical price low.

Newer technologies will lead to significantly cheaper costs than previously modelled under Vale.

[maverick247] 11/5/2018 07:56

Here is a link to the investor call posted on twitterAll i can say is its a must listen - Jeremy impressive as usual and its clear to me where this company will be in a few years timeLots of news cominghttps://youtu.be/lM6F3IrSOYE

[hobs] 10/5/2018 19:12

Seems to be delayed from yesterday afternoon but still a buy - hopefully the selling will cease soon - spoiling such an excellent journey!

[jailbird] 10/5/2018 18:01

Is that a large delayed 1.2m buyLooks like it at that price , if order was out in today

[jailbird] 10/5/2018 15:35

Hope so TwigI have yet to come across a project delivered too it's timescales , but that is normal to be honest

[twigs3] 10/5/2018 15:08

JB I think Vermelho will start to add value this year, with two projects on the go at different stages the news flow should be think and fast on both of them and hopefully re rate the share price.

[jailbird] 10/5/2018 14:52

I expect share appreciation after BFS I feel Vermelho will begin to add value in 12 months time as the market realizes the nickel grade and cobalt EV has been derisked

[jailbird] 10/5/2018 14:27

The next phase of work will be testing if we can take the mixed hydroxide products and upgrade them to produce nickel and cobalt sulphate of a suitable grade for use in the EV battery space. If we are successful, that will be a huge step as it will give us the flexibility to serve the two largest sources of nickel demand,' said Martin.Vermelho This project needs to go through the same derisk process.. market will add no or little value to it.The market undervalues Araguia and always has done, hence fund raising at low prices.So why would the market add any value to Vermelho.There has been a fundamental flaw on why the market values this lower than other mining Cos in a similiar or less position Vermelho is a side show ... it is 2-3 years behind Araguia BFS for Araguia mentions Q2 or Q3 now .. great !Usual talks well interview...Just bring on the Araguia BFS

[mam fach] 10/5/2018 11:45

10x sounds good. Bought @ 12p years ago & recently averaged down @ 4p.
Whether we make money is another matter.
We all know it's a gamble.

[charles clore] 10/5/2018 09:28

What I would like to see is the sale of Vermelho which would hopefully fully fund Aragueia to production with a special dividend for shareholders thrown in. The share price would 10x on this kind of news.

[jailbird] 10/5/2018 08:52

Ok thanks TwigPromising indeed

[maverick247] 10/5/2018 08:10

On vermelho they plan a smaller higher grade operation which makes perfect sense and can fund from AragIts all shaping up nicely for a pivotal 5 years for the companyAs jeremy said if they get significant offers for one or both projects as they are derisked they will consider whats best for shareholdersEither continue and pay divis or sell for many many multiples