Horizonte Minerals Share Discussion Threads

[steeplejack] 03/8/2018 09:49

And when the DFS or other positive news emerges,holders will be pleased to see the price leap through 4p!

[ayesha4] 03/8/2018 09:27

Shocking and woeful

[charles clore] 02/8/2018 16:55

The art of the 130k seller. Drip feed them and they won't think we are dumping so many...

[hobs] 02/8/2018 16:38

They would be down £217 (plus £50 stamp duty). So maybe the seller can disrupt the share price at very little cost to themselves by being both buyer & seller? This is also why there hasn’t been a TR1? (Or just a nervous investor with buyers regret?)

[soundbuy] 02/8/2018 16:04

255457 bought @3.89

255457 dumped @3.805


Somebody held for just over an hour..........

We're obviously attracting long term investors........zzzzzzzzzz

[charles clore] 02/8/2018 16:03

That's his ceiling. Needs Daddy's permission to go higher!

[jailbird] 02/8/2018 15:56

Surprise surprise 130ks again

[jailbird] 02/8/2018 15:28

L2 is 6v1 ...

[jailbird] 02/8/2018 15:27

The lack of buying is more troubling than the selling but somehow I think MM (s) are accumulating for some buyer .... or is that me wishful thinking again :-)

[ayesha4] 02/8/2018 15:05

Its a shocking performance.We are here to make money and the Board are only here to make themselves money.

[twigs3] 02/8/2018 12:41

Well the seller or as I believe sellers clearly not wanting to stay around for the FS and are using the opportunity to dump them leading into FS, but buyers now drying up around the 4p so could revisit 3.5 level at this rate, very frustrating but when there gone and with the heavy news flow that is due surely it can only go one way!

[steeplejack] 02/8/2018 09:31

PS....half a million offered at 3.9p

[steeplejack] 02/8/2018 09:12

1.7m shares were traded on the Canadian market yesterday and HZM ended down 14.3% at around 3.5p equivalent.

I agree the tone of the interim results was “perfunctory”.Ordinarily if you observed an AIM stock behaving in this manner with inexplicable selling,you’d probably get the hell out and I was tempted to lighten up in the low 4s.Yet with the strong nickel price and the DFS imminent and the relative rating,I decided to hang in.I don’t think there’s a conspiracy and I don’t expect the company to comment on share price movements albeit I’m sure they could cast light on what’s been happening here.That said,the price seems to be suggesting that there’s an aspect of things of which we’re merrily unaware and that “perfunctory” results statement did nothing to address the suspicion.There was no real expansion on when this DFS can be expected.All a bit “wooly”.

[horneblower] 02/8/2018 08:44

...and it's August. The city is on holiday for a month.

I'm afraid my chart suggests it will go somewhat lower, probably to the 3.6p area before bouncing.

This is a long play. Value will out...eventually.

[soundbuy] 02/8/2018 07:53

'weird share price performance'


Shares go up and down, nothing 'weird', buyers and sellers, supply and demand and what have you.........

....and you rarely see management comment on share price shenanigans alongside results

[cumnor] 02/8/2018 06:46

The rather perfunctory trading update, with not an iota of a reference to the weird share price performance, makes me a tad suspicious of what management are really doing behind the scenes. imo

[jailbird] 02/8/2018 00:49

Spot the 130ks again !RelentlessThis is illegal manipulation really , but it is all about supply and demand.Who's job is it to find a buyer of size to clear this seller...?..Why was NUMIS brought in ?

[ayesha4] 01/8/2018 19:24

Crazy.All that waiting from 4.5pStill under 4p

[wooster4] 01/8/2018 16:50

Am waiting for the large delayed sell to show up.

[soundbuy] 01/8/2018 16:37

Last chance to top up below 4p?

Somebody usually spouts this around now but alas no.........thank god......zzzzzz

Share price is what it is.........though a tad further from my break even than I would've liked around this stage..........we've come so far over the years........or have we?

How clever have we all been? Not long to go for an answer.......

[shakester2] 01/8/2018 16:30

Nice few buys into close

[craigieboy1] 01/8/2018 13:33

Depends how much cash is thrown at it and the complexities but roads are already there and hydro power close by. I would anticipate 18-24m. I think that's what has been stated by HZM.

[horneblower] 01/8/2018 13:22

Ah yes. Not quite what I thought it meant.
The construction itself will take how long, eighteen months?

[craigieboy1] 01/8/2018 13:11

End of 2nd para mate. Clipped a bit below, it's just at the end.

Chairman's Statement
The first half of 2018 has been an exciting period for the Company, with the feasibility study on our flagship Araguaia ferronickel project now nearing completion. In parallel, we have made strong progress on several infrastructure related workstreams at the project, including energy and water.
At the start of the year, we announced completion of the trial excavation programme at Araguaia, marking another key development milestone for the project. The programme involved the removal of approximately 20,000 tonnes of ore, generating real in-situ data allowing us to confirm the mining technique, slope stability, grade profiles, dewatering requirement with additional work on ore handling which has allowed the primary crushing design to be finalised.
Based on the positive results from the trial excavation programme, the 43-101 Mineral Reserve Estimate is being updated with the objective of converting a portion of the current reserve from the Probable Category to Proven.
In April we were granted the definitive water permit for industrial water consumption by the Brazilian Pará State Environmental Agency ('SEMAS'). The water permit, granted to Horizonte's wholly owned subsidiary, Araguaia Níquel Metais Ltda., is yet another key permit and brings the Company closer to its objective of being 'construction-ready', by the end of 2018.

[steeplejack] 01/8/2018 13:09

is yet another key permit and brings the Company closer to its objective of being 'construction-ready', by the end of 2018.