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Good evening Wasa,
I concur completely. Nickel is going to be a priority mineral going forward for the next few years. The rising price tells you as much .
Enjoy the sunshine folks,
Hairy Futtret
Not the first bit, but yes the last bit was supposed to be a joke....
FTC7-ironic I hope ?
Burleigh, if you have the time, this is an excellent resource to start. Bit long but you can skip the bits you aren't interested in. Makes the investment case quite clear IMO:
https://horizonteminerals.com/news/en_20210219-investor-presentation.pdf
@Burleigh wrote "it's this habitual polarisation that's the real problem"
Amen to that. And anyone who disagrees is a complete moron.
Cost of production $7k/t and nickel price $20-30k/t is an obvious reason to buy the share - it prunts money at will at production. Sthg like $750m-$1bn ebitda possible on 50kt/annum which is bonkers. I am expecting 5p div a share at some point onwards...
For me, the reason I am in HZM is all about risk vs. reward. I am not "all-in", but used to have a fairly balanced portfolio. This is slighty skewed now by HZM, as I have continued to buy since my first dabble in Nov 2017. The risks have been reducing over time, as the potential reward has firmed up or increased (e.g. Vermelho and Serra do Tapa)
Sorry - more than a sentence, but a summary!
Hi Burleigh. Explorwr about to become producer, forecasr long term nickel at $25-30k/t when Horizonte bought the assets $10k/t combined npv of the projects multi billions $7bn mcap £150m+ and ev is a thing and will need lots if nickel. Thats one sentence, personal sp targets 30p in 2yrs 50p-£1 2025/26.
The problem with finding something cheaper is making sure it is as good. I don't know the ggp story but presumably a very good one. With Horizonte we have had the opportunity to invest in a company £40-50m mcap with $80bn proven resource with 2 majors on the share register. I wouldn't trust myself to get this decision right again with a substantial proportion of my investment portfolio so I won't try. If there is a t/o then there is no choice but otherwise why not wqit till its 2025-2030, nickel is $30k/t and horizonte sp is £1 before figuring out what to do next?
If you move money to another opportunity you are also less certain on timeframes if investing in the next early stage Horizonte. I imagine many of the long termers here expected a result before 2021 and production at 2023. You have to be prepared to wait years. Once we are building this mine my expectation is plus or minus months, not years. I disagree that there will be price volatility or major setbacks. The team have had a lot of time to prepare, the mining is open pit, rkef is well understood, and part of horizonte mgt team remit is to hire the right engineers. They have some very good ones here. I think we will be producing in 2-2.5yrs from now in a flying nickel market. Hence will remain 75-80% invested here. Gla
Hi Music.
My honest view?
HZM has great resources. If it gets funding (we trust it will now). A then better than good chance to succeed.
But h*ll.... it will face setbacks and issues. That's mining... Don't believe any soft soap. It will be tough, no doubt, and this price may oscillate wildly...
There are going to be lots of good opportunities elsewhere. It's an always evolving area.
I had a once in a generation share in GGP. It's hard to believe it may strikes twice.
But despite the fact I am 60 next year. I still have a passion.
You need to call it yourself my friend. But as Dave Vanian would maybe say... its maybe going to be "Neat, Neat, neat"
Hi Fulmar.
Completely understand your comments. Also agree that this guy has nil track record except mischief. So best ignored etc. True.
But to me its quite nice. This kind of miscreant brings a bunch of disperate investors, and politically diverse souls together....
That's for the better, you think no?
When I read GGP bb in 2019. It later correctly, & to be fair claimed to be the best bb on LSE.
Now it's dire. Success did that! Feel desperation latterly does that!
Here is clean by comparison....
Once we get the uplifts I will be gone. Not in HZM nessecceraily. But it will be unreadable here by all precedent..
Till then. And as today, still it has humanity, and that resonates.
Rgrds.
What a shame when a soppy comment by the sole moron on this bb,creates so much off-subject conversation.Look at his posts on all bbs and it's all moronic,negative drivel and not worth a response. GL next week all LTHs
Most people of most political persuasions want the same thing - a comfortable stress free (that includes financial stress) life. Most people I come across are not really 'greedy' that is to say, not trying to screw anyone over or absolutely maximise anything. If I wanted to maximise everything I'd bust a gut for 20 more years as we have (had) a successful business. What's the point. I'd rather walks in the countryside and that's mostly free. That said I'm prepared to benefit from a once in a generation transition to green energy and I will pass on the proceeds to my children and other good causes, as everyone else probably would. I mainly started investing actually to protect what I'd already worked hard for from the effects of what I believe to be the big 'inflation lie'. Headline rate of 2-3% oh and house prices rising 10%+ is just a 'one off'. It just so happens that HOrizonte did better than I expected! GLA
With rising cost of living , one has to try to make money out money . Get nothing in the bank and inflation erodes its value .
Invest in stock market , property , or throw more into your pension ( which is being talked about more as NI Contributions going up and still have 40% tax relief for now .
Oh always keep some gold Investments too .
Not going to state my political leanings here, but I do agree with making money reasonably. There are some sectors that I will never invest in for my own peace of mind. I also try to actively favour the kinds of enterprise that we (as a species) need to succeed if we are not all to be collectively screwed!
It is certainly the case that almost everyone who invests is trying to turn an amount of money into more money. I believe that HZM ticks my boxes, and we know from the calculator how much potential value there is. What we still don't know is what the denominator will be (total number of shares post-financing).
I am still confident that HZM will succeed in turning some money into more money - amount to be determined!
Well.....
Never engage in politics on bb. Too much strife potential.
But I make no bones in my private life about being from a generally left of centre leaning background.
However; my philosophy has always been that if you can make money "reasonably" fair play....But for example if JM suddenly told us he was in bed with arms dealers etc. I would sell immediately. That's just my line.
But with above proviso. If you can then do some good with anything you make. Family, friends, good causes for others you believe in. I see no harm in it.
No ones perfect. But to be honest think John is just looking to agitate. Reasons.... unclear to me. But seems to have the hump.
GLA.
Anyone who doesn't like capitalism is free to live in a country run on another system. I have and it wasn't pretty :)
Looking back at my greedy capitalist trading I noticed on 08/04/20 I got 1042745 shares into an ISA for £20k B&I. At yesterdays closing price that's worth ~£94k in the ISA. Long live capitalism and GLA.
I just pray John does not work for the Samaritans.
John-we are capitalists, and since you own shares by definition so are you...means you are as guilty as the rest of us...
John, even for a moment accepting the basis of your post as valid, shouldn't we be excited that one of the lowest carbon emission, highest ESG credential sources of Nickel on the planet is going to be mined and used to help power the transition away from a carbon economy to one driven by renewable energy?
What's your actual point? Don't I vest to make money, or don't invest here to make money?
I've seen some irrational rubbish on these boards over the years but don't invest because it's greedy seems a little futile. Cash in your pension, empty out your savings accounts, give away your property and goods, become a hermit. Is that your message?
I see the greed machine is going flat out ramping as usual
Bwana, to be fair there aren’t many early stage Aim investments you can be Genuinely Enthusiastic & dare I say it 99.9% Certain About ?
I have many different Aim investments (and others) and unless I feel 110% confident I don’t like to shout about them as I have fallen foul in the past by others over optimistic summaries but HZM has the MATHS and it definitely Adds Up.
I will be surprised if equity is not a % ABOVE SP …..
Truly Exciting Times Ahead & Not Long To Wait
AIMHO
The Future Is Definitely Bright For HZM
Timing is everything in life & HZM has it all.
Right Place ~ Right Time ~ Right Resource ~ Right Now
They will probably add another 30% to the PEA for final capex.
Hzm PEA was $358m now its $461m capex.
100% Bwana.
JM comes across as a really decent comms man in those videos.
Priority has to be the fully outlined funding package of course.
But once out there (next 2 weeks we all hope!?).
You would really also hope he can dedicate a little of his media skills to spreading the word. He is a very personable type it seems, and would interview and do the rounds just great IMO?
Cheers.
Picked-very interesting thanks for that post.Agree that everyone in the sector sees HZM as the stand out ESG nickel play, but the exciting part is that outside of the "sector" few have heard of HZM.I posted a few weeks ago about the huge PR opportunity once the full funding is announced "$160m market cap nickel company raises $465m development/construction capital..etc etc".It is really huge, but the wider market and for that matter many PIs have never heard of us.They really need to get on the front foot now all the hard deal work is over and start the full PR and institutional marketing drive.Do this well and many will be amazed how fast the shares rerate and how strong the rerate is.I hope they have allocated a bit of the $465m to PR and corporate marketing.
To quote the ever enthusiastic LawrenceH "The future is bright, the future is HZM":))