Member Info for AIMtodeath

Explains it - https://mine.onepng.com/2019/10/ramu-nickle-mines-basamuk-processing.html
https://ramumine.wordpress.com/category/environmental-impact/

How did it keep running for so long before it got shut down! It should have been immeditately

I sisn't look at time, I assumed because of the way the price moved at the time I was referring that it was that. Well its out now, someone had a hardon for getting out the end of the day taking beneath bid.

That dropped when ask was4.25p and bumped back up to 4.35p More for a deep pocket buyer tomorrow I should think.

HZM just got a whole lot more expensive, bargain of the century perhaps

A $1.7bill viable Nickel operation for the cost of $8m..... is what the market got today. On the edge of a revolution in Nickel demand for class 1 Nickel.

The sells at open where nearly alllllll buys. I could see the real prices, at times MMs were selling at less than BID, anything being sold to you under mid spread will show as a sell not a buy in the market. Buys are limited to the number of shares at a given price, if you want more at one go you will pay more at one go.

There is a background seller still I think, they only pop up when bid gets some volume rather than dumping. But bear inmind the number of people after many years below this price want to leave happy to got back here or taking a healthy 100% profit.

IFyou can make your cars when others can't you hold the cards in the market for those looking a car. Any OEM whose supply/suppliers cannot give them the materials they need will hurt their sales as they cannot deliver orders to customers, possibly losing market share.

They pushed the buy price down with big volume then they appear on the BID with volume to support bottom of the range....they are only interested in turning a coin and no care for actual value.

You are concentrated too much on current price and not the nickel market in 2025 when this would be open for business in the world of exponential demand for class 1 nickel..... NO base metal mine is going to enjoy high IRR these days, but one like this in a deficit market with insatiable demand is worth developing. What choice does the market have?

They were thorwing loads up close to bid to buy and everything looks like a sell, but it was aggressive MMs

An order can get cancelled, but these are market transactions having affected the market during trading hours, not sat in an order queue awaiting direction is how I would see that. You can't trigger both orders in the market then decide at the end of the day you want to go a certain direction and have carte blanche to delete your trades on the wrong side of the direction.

BERB was refilling and now PEEL..... g*ts.....

Light upwards now

People still think it is Griffith, they were the last TR1.

Look at chart, way back 4 years ago, quite a while at around 2p, went to near 5p, those that did not sell then will be glad to get out this time, then those that bought at 4-5p 1-2 years ago might be glad to get back out now it is back again here. Then there are plenty that took extra positions at 2p and traders, all looking their little few %. Then those that do not want to wait for news....etc. Some people will trade their grandmother....

Broke the previous 5 yr low of 140k. Whilst open contracts have been timbling, it was mainly cancelled warrants leaving warehouse that has dropped it last week, however they were mostly responsible for the rise over last month. So now we are lowest stocks in 5 years and lowest open contracts below 140k

to 54,696 lowest in years.

https://www.investorschronicle.co.uk/shares/2019/09/24/the-extraction-podcast-investing-through-cycles-with-orion/?utm_campaign=Copy+of+ICDailyEmail_new2016&utm_source=emailCampaign&utm_medium=email&utm_content=

They know where Nickel is going and they discuss in detila how they decide to invest in a small cap..... they have done HUGE due diligence here..... and people sell shares cus they think it might go down a few %..... these guys are looking at HZM in 10 years and they see good things or they would not have invested, its that simple. Also worth hearing them talk mostly about battery Nickel whan they discuss nickel..... so they have their eyes on Vermelho here too!

Scotsknight, the closer to 5p the selling will increase again, people not out the last time up here, traders taking 10% from 4.5p even.
However most sells were even numbers suggesting a big block being sold, hallmarks of Richard Griffiths still offloading....a TR1 would certainly put this to bed and be a big weight off the bid.

Only thing with buyer buying after build is they have no inout into the build and therefore at the mercy of the previous company build, that mught have cut a corner or 2 tighter than they might have done with deeper pockets etc, or just designed it bigger straight away.