RE: O/T Private Equity10 Sep 2020 13:00
Orion have their eyes on Nickel, they certainly were very animated about EV nickel, they see it as a future area to be in and what do you know they threw some money at HZM... This tells me they are in for the ride and one that includes action from Vermelho! What they have now does not meet their needs/wants. That puts them in direct competition with Glencore and Teck whom also are competitors. This is without looking outside for more interest. Just because these guys are at the table already does not mean they get something cheap, they will merely get first in the queue for what the market would pay, we can go anywhere, but they'll want to keep as much as they can. We are not in a weak negotiation position, especially thanks to Orion, whom I doubt HZM will ignore in future access to the company.