Horizonte Minerals Share Discussion Threads

[wooster4] 01/6/2018 09:18

charles clore - every main listed FTSE company is allowed to allot up to 10% of issued share capital - for most AIM companies it is often considerably more.

[maverick247] 01/6/2018 09:18

Yep that silly dip being bought up

[shakester2] 01/6/2018 09:15

Story not changed, nickel price still strong

[soundbuy] 01/6/2018 09:14

Buying opt most likely.........zzzzzzzzzz

[thelads1] 01/6/2018 09:13

that's me out for the time being

[plasybryn] 01/6/2018 09:13

Did it after the AGM so not to give shareholders an opportunity to voice their disquiet.

[soundbuy] 01/6/2018 09:12

Unacceptable but there you go.........quality assets still there ......even given the dilution........yawny yawn........whether to harangue them on twitter for an hour or so but can't really be ar*ed

[twigs3] 01/6/2018 09:06

Bit disappointed that the options are set so low however it doesn’t change what assets the company has, last options were at 3.2 representing 8.2% of the company, let’s hope after FS is out the directors buy in the open market.

[charles clore] 01/6/2018 08:56

With total options comprising almost 10% of the company they represent an unacceptable level of dilution at the shareholders expense and priced at minimal risk to the directors.

[jailbird] 01/6/2018 08:54

What a change from yesterday

[jailbird] 01/6/2018 08:50

You know what it said , if it is too good to be true , it probably isn'tI think it is just stock market greed. Always has been and will always be

[steeplejack] 01/6/2018 08:49

Yes I agree with 8-10p especially given JMs repeated confidence that the shares are significantly undervalued compared to its peer group,issuing options at around the current share price is disappointing.I see a contractor has been given a slug of in the money options.Cheeky really.

[jailbird] 01/6/2018 08:48

Ppl not happyShare price could drift to near 4p if buyers do not come in

[jailbird] 01/6/2018 08:47

Last March 2017, the BoD gave themselves 41m options at 3.2p with same 6 monthly timeframes

[craigieboy1] 01/6/2018 08:45

CG could you keep us updated please. Sounds like your in the case already. I have no problem voicing concerns once we are aligned with some facts.

That said, it does not change my investment plans and it will have a minor impact on the long term outcome in my opinion.

[mr roper] 01/6/2018 08:43

They should looking at how Tony Manini and the Asiamet bod approach options and remuneration and taking a leaf out of their book. Greed is not good.

[charles clore] 01/6/2018 08:40

I have drastically reduced this morning on the options news. An absolutely shamelessly disgraceful display of greed which unfortunately seems to be par for the course on AIM these days.

[craigieboy1] 01/6/2018 08:38

Looks like a big pay day coming for the board!
I have not researched the previous awards to see if this is in line with those already awarded. If it is then while not challenging it would at least be consistent.
If it's out of step with previous awards then it should be stewards enquiry time!

How many of the other awards have actually been paid out? I ask this because they may have been slaving away for Many years and made very little, I have to admit I am not up to speed on this area of reward with HZM.

[cgequityinvest] 01/6/2018 08:34

I need to reread the recent accounts and indeed the recent AGM resolutions to check on what they say about options etc. I agree at first glance they appear excessive and at too low a price.I wish the board would focus on attracting new institutional shareholders to what appears to be a compelling story - maybe now they have their options in place that will happen!My suggestion is that disgruntled shareholders write to the chairman voicing their concerns.

[jailbird] 01/6/2018 08:21

Well I have faith we will be above 5p in 6 months It is astounding isn't it, positive Nickel environment and world class resource and team , plenty of media snippets about HZM, yet we are languishing at 4p and BoD set options at 4.8pDo no get it ...

[mr roper] 01/6/2018 08:04

I’m out. Best of luck to the rest of you.

[plasybryn] 01/6/2018 08:03

Very disappointing and shows no confidence in the future. Greed and two fingers to shareholders.I hope the views of shareholders are expressed to the Board in the strongest terms. They deserve a hard time at the AGM

[highly geared] 01/6/2018 07:40

With the broker target prices, the options should have been priced at 8-10p to demonstrate real skin in the game to deliver shareholder value. As others have said, the pricing at essentially the current market price sends a poor message.

[jailbird] 01/6/2018 07:38

QuestionWhat happens if a take over is proposed before their options can be taken ?

[jailbird] 01/6/2018 07:34

Now you see why we have fund raising at low prices If the BoD values their options so lowly then you cannot say the market is mispricing this CoHave a look at other juniors .. do not have the world class resource or team in place but in double digits prices with similar shares in issue