Horizonte Minerals Share Discussion Threads

[jailbird] 05/9/2018 10:05

Interesting view on metals by Others on ARS thread Trade wars - an opportunity for metals to be manipulated by ; strong dollar not the main reason for falls Demand is outstripping supply and LME long term low levels Something has to give eventually

[jailbird] 05/9/2018 10:01

Not sure how days weight volume price is used to work financing May 30 days But when HZM decide on debt/equity financing their price being used for equity raise will be higher dilution at these levels Is thus bring Manipulated ?

[craigieboy1] 05/9/2018 08:16

Interesting that the Nickel Sulphate is reported to be attracting a premium of $2-4k/t
above LME prices in the splglobal article.

[jailbird] 05/9/2018 07:14

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/090418-lme-explores-nickel-sulfate-premium-contract-to-expand-battery-metal-futures

[stefanhayes] 04/9/2018 14:53

Spoke to soon!!! :-(

[brian1944] 04/9/2018 14:48

c c me too

[charles clore] 04/9/2018 13:42

Sure glad to be holding ARS today!

[steeplejack] 04/9/2018 09:39

"This share really has been horse manure to hold."Very true.The hope is it'll come up roses eventually.

[jailbird] 04/9/2018 07:51

Nickel falling again and LME falling That is 50% good news or 50% bad news depending on how you look at it Dollar causing all metals to fall still

[ayesha4] 04/9/2018 01:09

This share really has been horse manure to hold.

[salmonn1] 30/8/2018 20:45

Interesting article Twigs, well spotted. Gives an overview of current thinking from some of the nickel miners.

[horneblower] 30/8/2018 20:28

Well it did bounce, but I'm not inspired to say where it will go next.

[twigs3] 30/8/2018 18:50

Nickel Monthly News For The Month Of August 2018

[jailbird] 30/8/2018 16:22

HB,

What is your chart displaying..is this the bounce from 3.6p you were telling us about?

[jailbird] 30/8/2018 16:12

Interesting comparison project.

Gives us a good indication of our worth of HZM

[twigs3] 30/8/2018 15:45

For anyone interested in canico’s NPV before takeover of Ona-puma nickel project for about $850m I’m surprised how low the NPV was and they have less nickel.


Canico’s key asset is the Ona-Puma nickel-laterite project in Par state, Brazil. Proven and probable reserve there total 77.7 million tonnes averaging 1.8% nickel and 18% iron, based on a cutoff grade of 1.1% nickel. Ona, to the southwest, provides 28.5 million tonnes of that reserve, grading 1.87% nickel, and Puma, 16 km to the northeast, 49.2 million tonnes averaging 1.77% nickel.

Capital costs of the mine and a conventional rotary-kiln plant to process the laterite ores are estimated at US$762 million, with the addition of a second smelter line — reaching full production in year 6 of the project — to cost a further US$352 million. At an 8% discount rate, the project has a net present value of US$315 million, and the internal rate of return is 12%.

[jailbird] 30/8/2018 08:27

Not sure this has been bought by any new or just existing investors ( PIs or IIs, maybe not back from holiday just yet).

Looks to me it is being traded for potential short term gains, hence we have short term swings.

The reason I say that is because we never seem to get a follow of of volume/buying afterwards. I looks like to me ppl buy on back of Craig1 orders awakening the MMs

[twigs3] 29/8/2018 12:06

Valuation I have in mind end of year but have been saying,this time next year for too long now!

[craigieboy1] 29/8/2018 12:03

Just checking the May Verm resource update from May and the numbers I used above are the latest.
Moving Arag across to Measured would add around $50m USD to the in ground value on those Edison numbers, plus of course the cash in hand at approx £8-9m
Finding a more current value for measured and indicated in ground NIckel would be handy.
This would place in ground total value using Edison at over USD 200m

[twigs3] 29/8/2018 09:46

Mid price to buy at 4p

[haydock] 29/8/2018 09:10

hxxp://www.ichimokutrader.com/

The Japanese cloud system

3.90
Bull
Kijun Sen Cross
Weak


Generally on the right lines, first bullish signal for a while

[jailbird] 29/8/2018 09:05

L22v2Not getting excited yet

[twigs3] 29/8/2018 08:45

Another nice move up, long may it continue

[twigs3] 29/8/2018 08:29

Cheers Craig but as you said nickel price was about 10k a ton then. Unable to get a firm price again this morning.