Member Info for AIMtodeath

He has reposted it so still the same

Since 2004 (when Nickel first traded above $10k) Araguaia would only have traded at a loss for 8 months in 2015 and 3 months in 2017 (assuming you sold a shipment in that period, rather than stockpile) but spent 6yrs above todays $16k (and topped 50k)!
As mines shutter or lose money below $15k HZM is still printing money and still producing when others forced to shut shop.

Nickel at $10k again without a black swan event with EVs exploding is very unlikely. There is always risk but it sure helps to be highly derisked on price and jurisdiction.

No, just general reading.

Pricing is not in ferronickel because it is not a constant over the life of the mine. Every quarter/shipment will have slightly differing characteristics in it's makeup due to the ore mined in the period and a price is negotiated for that shipment based on the LME spot prices at the time, hence why price is done on total nickel as a reference point.
NOTHING is being hidden here, the DFS is produced by an International Independent Consultancy.

16k is the International Futures pricing for pure Nickel. You get a % of that price in your product mix. Your total money for calculations are done on the total amount of Nickel that you have sold 'contained' in your product. Some products have premiums as not all can be produced. High grade Ferronickel has a premium over NPI

That is because of the 2nd RKEF line to double output.

This wording makes more sense - Upon development the Project is expected to produce an average of 14,500 tonnes of nickel contained within approximately 52,000 tonnes ferronickel per annum

No one sells 'pure' nickel. You sell a product with a % of nickel, but to even the price out across products you use the common denominator, the amount of pure nickel your tonnage totals. So someone might sell 40% someone might sell 30%. 30% will need to mine more to make same amount of money or the 40% seller will get more per ton. Different grades are used in different end products. Nickel is not extracted from ferronickel it is all consumed in the stainless stell as the iron is needed. The better the stainless the higher nickel your Ferro will be. NPI is for crap, high grade ferro for use at sea etc.

See.... no one researches anymore....haha

I'll take the flash of an ankle anyday.......it has been a while....

Issues with ferrochrome pricing putting a dampener on Stainless Steel leading to Nickel struggling to get over 16k unfortunately..... but a hold above 16k would be useful running into the end of the year. Looking at C1 cash cost of Nickel miners most start to make profits beyond this so best others don't get too comfortable....16k ave will do until we are in production then it can spike....

Money sits on the side looking to milk the last drop of every dip, but what happens when the price starts running.... you either join fast or watch it leave you behind. MMs maybe not holding a lot of stock as they have been pushing up the bid to keep satisfying the demand below 6.3p but then it moves nad they have little to sell.

If sellers and traders are done rainbow chasing....

Think always best to assume some equity and 2b not a bad place to hang one's hat.

Nickel is also the 2nd least liquid metal on the LME so hence it is volatile in price movement daily. Little increase in volume in one direction can make it swing around quite a bit. 16k is a big resistance from 2018, only breaking well above 16k after that on the Indonesia ban spike.

Landing page needs refreshed to bring it up to date. It has been above and around 16k over last week but below that last 2 days.

In for a penny in for 2 million shares.... Of course you should....
If HZM does not get finance and reasonable value then it is not a HZM thing but a whole mining sector thing. Cusp of a nickel super cycle, decent long term historical price currently (well above DFS and yet still below Ave consensus), yet with that lowest quartile C1 costs, decent mining jurisdiction, good ESG, EV hockey stick approaching...... The 'market' is not pricing this, idiot AIM investors chasing rainbows and twitter pumps are pricing it, AIM is news driven, post news, inbetween news chase another dream and hope to be back before next news. However, this news is a one way street, SP ain't ever coming back once finance is locked in.....not to forget an EUA situation. Its not gold or copper but it is a boring yet valuable industrial metal with a very large part to play in the EV revolution and post covid country spending.

I meant you can only move into an ISA if you were sat with availability, you'd have thought it would have been swapped over in April when the sh*t had hit the proverbial fan..... If bought recently why not tfr funds then buy in the ISA.
Unless of course SIPP could be done anytime for a tax break, nice to have 300k+ shares just to put away in a SIPP, I'd need all of that now!

wrong time of year for a B&I though means you'd have been sitting with availability this whole time.

Many of the holding companies are outside the UK and the rules mean sh*t to them.........