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Do you have any details about this deal, or even some hint? Or is it just a speculative phrase ?
It is…game on…
BRV Capricorn
And you are welcome to!
And I wish you to be right.
100%.
Sorry Mv, I disagree. The mm`s are marking it up.
That's a fooking good sign .
Somebody knows something coming and it's looking good😁
The big knobs have got round the table and pulled a deal out the fire, it's looking good Baldrick
I think you are picking too much signal in the noise mate... :)
Do not get me wrong, I am bullish as hell, but we cannot pick up any signal from a handful of trades, at a gross of 20k$
We really hang by the lip of the BoD, and what news they may have to publish for us...
Asked the co to confirm year end announcement will be on 29th March.
Co wouldn't confirm. Good sign that it will be.
Might reach 4p by end of next week 🤞🤞
Some reasonable buying incoming early doors.
Speculators or someone in the know.
Or short buying to close the the short.
Don't think we will get Billy's 30 % but could do 5% today 🤞🤞
I mailed the company about this but never got a reply.
It seems like a no brainier for the future of both projects as the diesel is the only remaining significant barrier to reducing the opex significantly.
Canada Nickel and Mark Selby have said that it will offer them a 40% reduction in opex.
It’s truly massive and partly why their LOM opex costs are right down the bottom of the cost curve.
The only barrier is initial Capex outlay for this but I think HZM should be very seriously considering it as it would also be a massive plus and a final cog in their green status as a company.
I was disappointed not to receive a reply but they may have noted it and got more than enough on their plates trying to save Araguaia right now
Https://www.thejakartapost.com/opinion/2024/03/05/nickel-rush-needs-a-rethink.html
It’s a shame Pub bailed so soon, it looks like it’s recovering now 🙈
if the big takeaway here isn't that aim is steaming pile of ****e i don't know what it's going to take for some people.
hzm was merely the shiniest turd out there at the time we were investing, where are the junior mining success stories?
Absolutely disgraceful behaviour and so unnecessary…..
Sorry no chance of that Rob
Way beyond repair
Well done Pub 👏
Why not spend £30 on 1000 Hzm so you have a foot in the door just in case there is a placing.
I think it would be a good investment with cornerstones we have now.
If you get in at the basement you will do well.
As a shareholder you might well repair Your relationship with the crew on here.
I did sell this morning average 7.7P
Roughly lost 25 grand as had 200 grand invested
Was very surprised to get out that price as I sold all within 3 mins in chunks
I then saw the letter from the contractor that said HUM owes them 27 million
Wow !
I made a lot on Shanta and trading after I left Shanta 13.2P
I now have 175 grand left it’s not the end of the world
It’s another lesson nothings nailed on and AIM is full of crooks
I am now never investing in anything again and I’m taking my pension out of my hands something I should have done a long time ago.
I feel relieved and lucky
If you look at my posts over there you’ll see this is all accurate
Good luck here and that’s my final message on bulletin boards
This really is goodbye and good riddance to AIM
If there is a placing on 29th you will get less than 24hrs to make your decision on new shares so get your ammo ready.
More pain to come 🤕😭
Still he says he likes losing money, strange mentality 🥱
I reckon 3p OUCH 🙈
I see Humm is down another 30% 😲
I told Pub to sell and buy back lower , but he wouldn't listen ..........Lessons Learnt
It may yet go lower,
I know it won't go bust but he could have sold and bought back lower . I'm buying at 4p 🤔
Hope not, it's just kicking the can further down the road.
I am hoping on the 29th March that they announce the outline of a deal , with X mill raised at a placing price of Y p, hopefully not lower than 3p, but you never know what the deal may be.
Hopefully, a rise before the deal , possibly towards 3.5p 🤞
If you are thinking it will delay two years so they need more money to pay interests to noteholder and bank too .longer it delay more money need as there is no thing free on finance. Many big projects failed as cost increased as they cant deal with all bad thing come at one.
One month delay to pay noteholder interest.bank. interims expensive for management.then what?
I would be happy to see a one month extension.
No administration - we are not far away……solutions are coming!
BRV Capricorn
I also remember listening to a video from a couple of months ago where it was suggested that $250m was needed to finish the build.
I think this was posted after the new board was put into place, suggesting that someone had re-evaluated the costs.
This is a huge difference from the $450m costings of a later date.
Who is to be believed???
I wonder if all the parties can agree on finding funding that can cover only the first year, remembering that this is now a 2 year completion project. This would effectively give them another year in which they can agree on the process of creating the second years funding.
I would suggest that a min of $250m is needed for the first year.
If the lenders release the remaing balance of the loans, then about $100m would be needed.
$25m each from lenders and the 3 main shareholders would ensure that no dilution takes place.
The sp would rise significantly, and any future raise would not dilute the shares so much .
The $200m balance may be over estimated and I am certain that the board would want to see production begin at the earliest opportunity.
Slowing down the build may actually put more cost into the equation.
Open to your thoughts on this one people.