Horizonte Minerals Share Discussion Threads

[strow] 06/3/2024 07:49

Why is it that you guys frequent this board anyway-never understood unless it is and was for your own gains ?

[strow] 06/3/2024 07:46

I already am but can cope

[nigelpm] 06/3/2024 07:31

Strow is going to be disappointed.

[strow] 06/3/2024 07:22

The increased asset value btw includes this capex overrun

[strow] 06/3/2024 07:06

Never lied about my position Have learnt a few lessons which I would not repeat mainly about setting stop losses Have repeated for people like Nigel and others-no admin which thus far is correct Never ever said share price wouldn't drop but no one has a crystal ball and have promoted bull case based on asset value which is still more now than when BFS was done based on continued low power costs,increased nickel price and forex advantages.We will see what happens,but was not the only one not to predict the savagery of the market here.

[kirk 6] 05/3/2024 18:59

Looks set to rocket tomorrow

[strow] 05/3/2024 15:37

You are right scruffLoooads of love Some people think they are SFC but it's everyones life and we are all different TF

[mrscruff] 05/3/2024 15:33

So much love and empathy in this forum. Thank you for sharing your opinion Stansmith. I agree this is not going to be back up at 150p. However, every portfolio is unique and if HZM was in at 1% of portfolio you could probably buy 0.5% of your portfolio and tripple you investment.... possibly even a profit. You never know. The assets and equipment on the ground are worth many multiples of the current share-price and that why you and I and everyone are here.

[stansmith1] 05/3/2024 12:46

strow i doubt it is possible for you to ever average in enough to break even - pity they allowed you to buy at 50,40, 20 and 8...

[stansmith1] 05/3/2024 12:44

I guess thats why you bought hzm?

[strow] 05/3/2024 10:48

What is going on ?Can't even get a quote to buy even 10kCan't believe that they can bring us to this point and not allow us to buy !

[strow] 05/3/2024 10:27

Can't even get a quote for 25k right now

[mrscruff] 05/3/2024 09:30

Forums are a dangerous yet useful resource. Dangerous because when we read a positive or negative comment our brain first activates an emotive response because blood flow is sent there and away from the logical thinking part of the brain.

[stansmith1] 05/3/2024 08:26

i dont see any value, i have been waiting for the bottom since 70p....the shoes keep dropping

[mrscruff] 05/3/2024 07:41

Thanks for the warm welcome everyone 🤗

I bought HZM in under 3p on the fall having previously sold out when inflation was rising. Terrible situation, I take no pleasure in banking those gains, but there is value here. That's why we are all here right? Else why bother? Have a great day.

[havinthelasttoast] 04/3/2024 22:24

Another one of hydrowrong beauties.

Daft mug.

[nigelpm] 03/3/2024 22:49

Could well be. I would not be surprised.

[jaknife] 03/3/2024 20:59

Arguably Horizonte is already bust. Friday's RNS included:

"In the meantime, the Company's Brazilian subsidiary Araguaia Níquel Metais Ltda ("ANML"), which is the borrower of the senior loan facilities, may need to resort to certain protective measures to negotiate indebtedness and work on a restructuring plan to be approved by its creditors."

See:

This is essentially outlining the need to enter the Brazilian equivalent of Chapter 11 ("bankruptcy protection"). Solvent companies don't need Chapter 11!

Note that the RNS outlines that "protective measures" might also be needed in the UK as the PLC has guaranteed all of the relevant debt.

JakNife

[nigelpm] 03/3/2024 20:17

Absolutely nothing like SQZ at 3p - the contrast couldn't be any different.

This is going bust.

[stansmith1] 03/3/2024 20:13

i did well out of sqz from 21p, after its rise from about 6p, funnily enough i dont see any similarities here

[strow] 03/3/2024 18:44

Kind of sounds like you might want some support so you can bail there scruff