Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Walletinvestor is just an an automated bot site - it has no actual research or knowledge of the company behind a stock it’s just supposedly a set of algorithms that look at the trading, but I doubt it is even that, rather just an engine to capture clicks, as revenue and try and suck people into subscription services - same as Wall Street bets.
A fair few short term traders stayed in for potential Monday morning RNS have moved on. Dropped below 20p and found some buying interest. Holding nicely, hopefully the bigger buys will kick in again once it settles.
Any investor site claiming 1 year is a long term investment doesn't even have basic authority in the space.
Worth a looksy (apologies but just read 88E RNS) …please disregard if not of interest and gla…hoping HZM really takes off from today …onwards and upwards…
They also give a 5 year prediction price of £228.
Personally not one to look too much at price prediction sites, but there is every reason to be buying right now as the current Mcap is so low, and the fundamentals tell you everything you need to know.
Sorry billy. not having a dig at you.
but i just don't class 1 year as a long term investment personally. over 3 years id say starts to become a long term investment, a year is simply a trade in my eyes.
regards Rat
p.s. wallet investor are a little excitable with their forecasts
Rat boy…. It’s called the start…what would you like me to post…b s? I’m merely highlighting a positive and if you are so negative, short it and get stung heavily…
How can 1 year be a long term investment??? 🤷♂️
They rate this company “According to our live Forecast System, Horizonte Minerals stock is an awesome long-term (1-year) investment*. "HZM" stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis”.
https://walletinvestor.com/lse-stock-forecast/hzm-stock-prediction
Group cash $122m
As of 30 September 2023, US$215 million has been drawn down from the senior secured project finance debt facility of US$346 million (the "Senior Debt Facility"). As of 30 September 2023, the Company had total liquidity sources of US$253 million comprised of US$131 million undrawn on the Senior Debt Facility and a Group cash position of US$122 million. Of the Group cash position, US$93m relates to the project to cover current construction activity and working capital…
Header..seriously…what precisely are you trying to prove? The SP will fly…forget all the headwinds…the assets are significant and for a company who owns these assets with a market cap of £55 mil…is simply bonkers. If you are invested gr8…I suspect not so perhaps either invest or stay silent. Thank u…
You just know when sentiment and panic is over…brokers are now firm buy recommenders of HZM. These genuinely are exciting times…the numbers and revenues are massive…no more predictions but I really expect these to rise beyond 50p this week…it may sound extreme but the business plan is sound and the finance will not be a problem…
Header, let’s face it you’re not invested here, no one would be that stupid to berate their own investment and risking their own Money ….. unless of course you’re related to Gerald Ratner 😂😂 move on you are just a bitter loser , accept your failure and own your decision!
Due diligence is key.
With any project in any industry sector there will be risks. What is important is consideration to as a many factors as possible.
There is every reason to be bullish here. Old I’m eaters can average down and new investors have an excellent opportunity.
Disgruntled shareholders are par for the course.
Quite happy to have a position here, and will add when I can.
GLA
I'm pickedpeck and i'm not a bickerer, i just go off on tangents in a rage when I am proven wrong! Show me any laterite project that has received financing that is also 1% grade, especially an highly capital intensive acid leaching one! You are wrong and encouraging people to believe otherwise makes you either naive or as bad as J.M. Even a cheaper electric arc ferronickel, or pig iron project on it likely will cost $725M plus a 2nd furnace & it will produce 70% less nickel than aguaia.
Vermehlo was a good story when Nickel price was high and is now a liability. Allocating 16M$of borrowed cash for an asset fesability that's not getting developed and will be waay out of date by the time it does, when the company is short at least 70M$ on something that will make money is utter stupidity.Trying to put a posotive spin on that is, well it's just plain, manipulative ramping. I can see why the toys have gone out the pram.
Pickepeck 14.17…great post.. brilliant comments. Plan and simply put the 1st mine is so close the major players would be bonkers not to fund.. this is going to fly.. your remarks today have been excellent!
Poor Headder. Very positive on this until 30 October when he sold out missing the recent rise. Must be p!ss@d off! Still plenty to be made here, only just started the rerate. Come back aboard and enjoy the ride.
vale did the original dfs. are you saying they got it wrong and are ******s because they disagree with you?
maybe la mancha and orion having done due diligence are ******s for putting up the money for the feasibility study, as they plainly disagree with you too. i would imagine having provided the money for that specific purpose that's what they actually wanted done with it, and maybe have a contract to that effect.
maybe even glencore are ******s for just having 18% of the shares in the company, having sold the xstrata assets to hzm. perhaps they should not have invested yet and waited for the mine to be built. i mean why bother at all if they have the off take.
you are the one with vast holes in your arguments and calling anyone a ****** that disagrees with you. i'm not bickering. i am flat out saying you are wrong, and are presenting half truths and misdirection to support your flawed argument. in your first post about vermelho you neglected to mention it's not a straight nickel mine and also will produce cobalt. you are also forgetting that it's production cost is also lowest quartile because of cheap hydropower. the cobalt and low production cost make the lower ni grades more than viable vs indonesia with no cobalt and coal powered electricity.
no one is asking you to put your hand in your pocket to fund it. mining capital companies will do due diligence and decide if its viable, oh wait, they have already done that for the pfs and funded the fs.
Sunday Mail page 83
Risers & Fallers :
HZM leading the Leader Board as The Biggest Riser with the following statement:
Peel Hunt Brokers Slap BUY Rating On Firm 🤫
To do with factoring in vermelho, why was this thread started with the implication that it adds to the value, it doesn't and has proved to be & continues to be quite the opposite.
I can see how new shareholders could be upset of their 100k production narrative to entice buying having massive holes in it and resort to bickering as the facts run away from them. The truth is, there should be no value in for it, as you said over the economics of it being a globally inferior grade to current production, continuing to waste money on a fesability study shows that if anything it removes value, about 16m$ worth against dilution according to the latest RNS. If you disagree, you are a r',tard. FYI I do have shares but only a 1/3 position as I expect to take the rest on a placing. That is unless the shareholders can be persuaded to j.v line 2 for money to complete line 1.
Great posts as always PP.
Unfortunately Header has put himself in an awkward position having sold out at a loss he has of course made his Failure Certain, he now feels compelled to justify his Failure by telling us why he sold up using his own Flawed Research / Reasoning.
He has of course Doubted Himself, in reality, doubt is the surest, as well as the shortest, path to failure.
Headder, it’s all about numbers. The mine has a large resource, longevity, potential expansion, low cost.
It is 100% owned.
Even if the grades were not top notch, the viability is there as a tier 1 mine.
From an investment perspective, is there future value from current position. The answer to that question is a resounding yes.
LTH’s I have sympathy for, they now have a wait to realise their investment. But, from current position of market cap, the growth and return opportunity is very good, and that is what is important.
It is good to have balance so your post is welcomed but I look at this project from an investment perspective and are no reason to be negative from current position.
Where will the market cap and SP be once fully functional.?
That’s what it’s all about.
1.92% currently being mined at Araguaia.
It's really easy Headder. No one is factoring in Vermelho at all at the moment. If it has a business case then it might get finance, if not it won't. On the surface of it there is a return because of the low production cost with ready infrastructure, low cost clean hydro power, shallow pit mining and reasonable effective grade. That's what Vale's DFS said anyway.
Indonesia doesn't have infinite supply of 1.7% either, they are importing from the Philippines now at much lower grades.
Well, pickedpeck, either being called a ramper of a negative poster, I am merely pointing out that extrapolating from the company website is a fools errand. Even if they could high grade the deposit, that's what everybody does at first, so you have maybe 1.2% deposit to develope against an Indonesian 1.7. the only rational conclusion here is that you have to wait for resource depletion, like aguaia, which is being developed as it's in line with global grades. Which 10 years ago were what, 2%?
The 46kt was Vale's assessment when they spent $300m on developing Vermelho, scrapping it in favour of Goro as it would have led to over capacity. HZM bought it for peanuts at the bottom of the cycle, even just as a straight asset sale it should be on the books at a higher value.
I'd sooner read the final DFS report rather than your negatively speculative posts to be fair, but perhaps the additional resource value is because it is a Nickel Cobalt project rather than just Nickel, with the Co production being factored in to the return as a Ni equivalent raising the effective grade and payback.
Why all the negative narrative Headder. Every post seems to be twisting facts to fit a negative agenda. I can't imagine why, the price is already under the asset value floor. What are you hoping for?