Horizonte Minerals Share Discussion Threads

[jailbird] 11/2/2021 13:27

So approx £330m equates to 230

[jailbird] 11/2/2021 13:22

https://www.proactiveinvestors.co.uk/companies/news/938102/horizonte-minerals-started-out-with-buy-rating-from-cantor-fitzgerald-938102.htmlNot sure why but your link was not working

[mreasygoing] 11/2/2021 12:20

Primed for the next leg up. Keep an eye on volume. This is required for a true breakout above 10p.

[twigs3] 11/2/2021 11:48

23p price target.

[twigs3] 11/2/2021 10:46

Lol, interview

[soundbuy] 11/2/2021 10:37

interbred?

[twigs3] 11/2/2021 10:07

It sure did, here’s the interbred if any one missed them.

[soundbuy] 11/2/2021 09:31

ESG credentials can't be overlooked.......impressed Orion


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JPMorgan Says Commodities May Have Just Begun a New Supercycle

hxxps://www.bloombergquint.com/markets/j-p-morgan-sees-commodity-supercycle-already-kicking-off

[craigieboy1] 11/2/2021 09:01

Good post salmonn.

[salmonn1] 10/2/2021 23:52

Excellent post by ATD on the LSE board.

I've been thinking for a while that there might be serious consideration given to some sort of internationally agreed carbon tax. Couple of "straws in the wind".

The mood music coming from Shell, BP etc. about moving away from oil to renewables, even if it's not that rapid, the pressure on big oil to say/do something is real.

The proposed coal mine in UK is now being reconsidered, in terms of global GHG emissions it's irrelevant (also metallurgical not thermal). But in effect a provincial county council will overshadow the UK government's ESG credentials and do serious reputational damage to the COP26 event in Glasgow this year. My own view is even the most incompetent mediocrity can probably workout that when the world spotlight is looking at the UK it doesn't look good for a coal mine tail to be wagging the dog.

Global consensus is that future growth will come from electrification and a pivot away from carbon.

US has changed its policy on this. And it may be the only major policy area where there is convergence with China.

Things are changing so quickly it's easy to not keep up with events. It's less than two years ago that Extinction Rebellion brought London to a halt with the pink boat. I saw whole classes of young school kids in uniform with their teachers sitting on the grass outside Parliament doing class projects (this was a school day). Where was the push back? In retrospect they were pushing at an open door.

Plus, ICE to EVs, gas boilers phased out in UK after 2025, roll out of EV charging infrastructure, solar and wind rollout, grid developments and on and on.

Given all the above and more I wouldn't be surprised if we had one of those "black swan" events like a global carbon tax coming out of left field as the States would say.

And this is relevant to what ATD is saying, the above is yet another reason why HZM is a good investment. Laterite nickel needs an awful lot of energy to separate out the metal from the ore. And the RKEF opex arithmetic would change drastically if coal was taxed. HZM gets its power from hydro. Indonesia from coal. And there isn't enough low CO2 Sulphide nickel mine capacity to supply the market.

I predict that a carbon tax would put a premium on a mine like A over NPI and FeNi out of Indonesia. And for any company currently considering an offtake agreement it's another reason to consider Brazil.

[twigs3] 10/2/2021 19:47

Well nickel finished 18700 looks like 19k could well be hit this week, now what does that make our NPV !

[excellance] 10/2/2021 16:14

Nickel flying

[raymund] 10/2/2021 14:47

Frustrating but at present there is an annoying disconnect between HZM and Ni!

[twigs3] 10/2/2021 14:22

Well it keeps on climbing 18600 now,

[excellance] 10/2/2021 14:00

The Chinese will buy HZM to get rid of their unwanted dollars before they lose most of their value.

[craigieboy1] 10/2/2021 11:10

No lose situation, happy days.

[soundbuy] 10/2/2021 09:46

Ditto the above.

Even more sure this won't make it to production.....higher nickel prices the better.

[jailbird] 10/2/2021 09:22

Craig,I am quite happy about both have partners or takeovers before production We would be talking about 40-50p valuations at high nickel prices .It all cannot be ruled out anymore

[twigs3] 10/2/2021 09:21

I agree although it’s great to see nickel pushing on and all adding to HZM NPV if nickel price gets to far ahead it will encourage mothballed mines and others that may not be so profitable to start up and ultimately push nickel back down again.
Just wish the next bit of news will land sometime soon!

[craigieboy1] 10/2/2021 09:14

Yes agreed and vermelho is also very attractive at today’s nickel price, but a higher nickel price would raise the possibility of a full blown takeover I would think. A nice dilemma to have, worried about pricing being too good, lol.
I do note a few banks are raising their forward view on nickel, I would imagine HZM will update us on their consensus price assumptions at next news piece/finance completion.

[uapatel] 10/2/2021 09:04

A higher nickel price surely adds a big incentive to get a Partner on board for Vermelho and accelerate this project.

[craigieboy1] 10/2/2021 08:52

Yes JB, fundamentals are steadily improving against the backdrop of upcoming EV demand blitz and a green revolution in electrification. It’s hard to see Nickel slumping any time soon, although you never can say never....still must look good for the finance package.
Ideally I would like it to settle around here until Araguaia is built and running as overly high prices north of $20k/t in the short term could stimulate idled capacity that needs that minimum price to be viable. At $18500k/t Araguaia offers extremely attractive returns.
Waiting for that key finance news piece to drop, after that I would anticipate Vermelho news flow to keep the kettle boiling while Araguaia is built. Exciting times. GLA.