Member Info for AIMtodeath

Worth noting that it is drilled to an inch of its life the whole asset is practically in reserves category. This means the ore should be good for LOM and no further proving required. Vale also planned a capex many multiples of HZM's plan and at the Nickel low plus EV demand not on the radar that wasn't considered a good spend. It's all about cycles!
Vermelho is the icing on the cake here, a bonus for an investor, Araguaia is investible in its own right and worth multiples of today's price. You buy for Araguaia with the Vermelho kicker later. But the EV story is escalating fast and the time to Vermelho value is shortening by the day.

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/093020-glencore-trader-brocas-says-oems-seeking-5-10-year-deals-for-cobalt-for-evs

Not lost on Glencore, long deals and investment in mines to supply cobalt.

But someone keeps hitting the bid regualry enough to stop any progress.....

Poor Nickel last 2 days hit hard going into 5pm, but thankfully held 14500

Car designs are going to look very much alike it seems, it will be down to tech to sort the wheat from the chaff.

https://www.bnamericas.com/en/news/brazil-launches-mining-development-program

Bwana,
I'm sorry asking if a company needs to raise funds on your first post on a board is at the level of spivvy traders and trolls, so no I don't know whom you are but I do know it is likely you will receive backlash from any board asking such a question. It is probably the worst question you could ask a board.

Given that within the last 2 months RNS' such as -
Interim Results for the 6 Months to end-June 2020
US$325m Senior Debt Facility Mandate for Araguaia

Are easily read you could have mitigated these questions.

I'm always sceptical of anyone new arriving on a board asking questions that a 5 min look through RNS' would glean, especially if one of the first questions is do they need to raise cash!?

Despite their negativety on the 4 reasons Laterite Ore is dirty.....
1. We will br using mostly Hydro power, not coal.
2. Our HPAL will be dry stacked and therefore not an environmental concern.
3. We have no forests to strip
4. We are inland
We look like a frikin Saint compared to Indonesia!!!

This means the shareholder base is widening through accummulation phase and new holders are putting in good research and have a vested interest in the sector and EV story.

Welcome!

For those looking to trade out of HZM on Araguaia development, Vermelho provides a news feed beyond mine build. The EV story and Nickel demand from it is a compelling invesment in its own right. People will start investing in the development of the next mone before the other is complete.

Call them to do it manually but refuse to pay extra charge as they cannot service an online transaction.

Change your provider/broker

I didn't see the latest email! But that was the plan until they didn't do it today....

People see Nickel takign a kicking and having bad ideas..... all metals are getting hit hard because of a surging dollar, its not the metal at fault or demand issues it is cost issues! It costs more to buy it if you don't have dollars, simple marco economics and not fundamental issues.

Oh dear someone got shafted by a broker paid 7p open market! Might see that reversed later, i'd be furious

Financing is an ongoing thing. It all started with the Orion deal, next was the Debt facility with Tier 1 banks at $325M.

Next is Brazlian Banks
Then offtakes/credit finance
And to close the loop equity with the balance

Make a few sellers rethink bigger money accumulating, when you are leaving.

PAID membership..... so it means there cannot be anything price sensitive as it has to be seen by everyone at same time.

There has been a biggish lurker in the auctions last 2 days they swapped 450k at 6.5p yesterday and looking 350k at end of day, so there are a few seeing VALUE here.....Clock ticking not to forget.

No, done today out for the Crux followers early next week, with everyone else end of next week.