Rainbow Rare Earths CEO George Bennett makes the investment case for #RBW at London South East. Watch the full video here.
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wasarunner. Thanks for your link. I have been tied up today. GGP investors trolling another board. I hope they're not going to attack EVERY other share that shows some promise.
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,
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:
@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!
Wasarunner. You're a sweetie. I'm much obliged to you. Thanks. I'll have a deeper look when I get a moment today.
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.
Strummer. With reference to your comment about bringing "politically diverse souls together". Yes - it IS nice to have read these posts.
My personal experience of listening to people talking - and listening to the news - is that people have never been so polarised. Anything that happens seems to be taken as an excuse to adopt an extremist position and regards a person who doesn't agree as something evil.
To me - it's this habitual polarisation that's the real problem. It's an almost wartime mentality that seems to have become the norm among otherwise decent people.
Guys - the reason I'm on this board is that Strummer suggested I might be interested. I was invested in HZM several years ago when the share price was about 1p. Since then I don't know anything about it and I can't remember much either.
I wonder if someone with a few minutes to spare to bring me up to speed with the investing case, please. There's a lot of usefulness in that old idea about being able to describe the reason to be invested in a single sentence.
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
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"
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.
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 .
Strummer. I clicked your profie and read the first line of the top post. The comment about being left leaning.
A few years ago I moved to a little town with a high proportion of retirees. Before I moved if someone had asked I would have said my politics were centre - maybe slightly to the right. As a result of conversations with other retirees I have moved further and further to the left.
I don't think my actual position has changed all that much although compassion is more important to me than it used to be. But in comparison to most of the retired people in this town I am a leftie anarchist hippie.
If these people are representative then I am disappointed in my generation. It's my lot with time and a comfortable income who should be pitching in or even taking a radical lead in the current issues - not leaving it to the younger ones.
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!
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.
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