Horizonte Minerals Share Discussion Threads

[twigs3] 21/11/2018 10:42

Australia mines FS out good for comparison and there IRR is about the same using £15400 nickel price making HZM a better investment?

[craigieboy1] 21/11/2018 10:42

Chunky sells continue day in day out, this looks set to continue until who ever is selling is cleared. Could be a long haul of a few months, when Lombard were quietly selling it took around 6m to clear half of their 10% holding.
As has been said it will take Nickel to recover or a new major investor to break this, that could take a while. Dejavu!

[jailbird] 21/11/2018 10:35

Another 1 million+ sold today

[jailbird] 21/11/2018 10:14

Double bottom maybe ?1.75p was the lowest buy price I recall

[brian1944] 21/11/2018 08:43

cold if so i will load up then

[coldspring] 21/11/2018 07:43

This is going into the 1p zone. Several director buys failing to change the sentiment.Dreadful paper loss at the moment.

[uapatel] 20/11/2018 14:05

Tesla batteries prove best value in class — UBS

[strow] 20/11/2018 09:37

Nickel forming a base here-has probably completed head and shoulders on 5 year imv-hopefully this base will hold.

[craigieboy1] 20/11/2018 08:37

The reduction is approx 260kt in the last year on LME, that's about 18-20 Araguaia mine(14kt) equivalents annually. Seems a lot to find to hold price back in the medium to long term with demand also forecast to increase by pretty much everyone.

[horneblower] 20/11/2018 08:14

...and the price of nickel to reverse.

[jailbird] 20/11/2018 08:13

Well token directors' buys are supposed to bring buyers to help clear this overhang/ seller, well it is just is not working.Need a larger institutional investor to buy in again

[mreasygoing] 19/11/2018 09:58

Nice to see the directors buying. Another declaration this morning.

[craigieboy1] 19/11/2018 06:59

I wonder what this week holds?
Nickel price, Trump v China, Nickel warehouse stock levels, HZM share price up/down, HZM news flow??

[ronconomics] 18/11/2018 18:59

Responding to twigs3 post 14th re base metal prices dragged down by oil price weakness.

[jailbird] 18/11/2018 00:03

Nice one Ron...not sure what that has to do with HZM...but thanks anyway:-)

[ronconomics] 17/11/2018 06:09

I see oil price steadying as Saudis react to being hoodwinked by Mr trump to overproduced ahead of Iran sanctions, low oil being good for politucal reasons. He granted dispensations for 6 months for some and they took the revenue hit badly. Can see a return to $85.

[jailbird] 16/11/2018 16:28

So JM has also bought just over 700k over both listings here and in Canada

[broken_arrow1] 16/11/2018 11:43

Good to see the director share purchases, hopefully there will be more.

From a technical perspective the shares are oversold and the RSI is bombed out, given a bit of traction a move back through 3p is not a unrealistic target.

[snickerdog] 16/11/2018 11:19

JBER is Berenberg

[firemansam4] 16/11/2018 10:31

Jailbird

They came on about a fortnight ago cant remember if it was before the release of the FS or around that time anyway,pushed the price all the way down and now are the ones whom are pushing it back up!

[jailbird] 16/11/2018 09:32

The New MM, JBER, pushing up the bid alone When did this MM come online ?

[calum] 16/11/2018 08:59

I think if JM bought around several million that would be a good sign of confidence. Ideally I would think he could buy 5 million on his salary without breaking sweat - especially as some PIs have that level of exposure and I'm sure they don't earn anything near the salary Jeremey earns.

[jailbird] 16/11/2018 08:59

Craig,I would be worried for you if you were not positive esp with your holding !!

[craigieboy1] 16/11/2018 08:54

I think buying 1m shares is reasonably sizeable, but it is dwarfed by their options. I really don't see why they would be happy with the price being where it is as it must jeopardise the existing options.
FS was as expected- I didnt spot any shocks, they also used a Nickel price lower than market forecasts but it was above the PFS.

I am with firemanSam. It's a positive sign. Interesting to see if/what CEO buys?
GLA.