Member Info for BwanaMakubwa

You make a very good point Legalwolf, there is no doubt marketing and comms have been poor. However, ahead of the ML the Company really has been run on a shoestring. MB and friends and family own 20% plus of the stock. They have done their very best not to uneccesarily dilute share holders as they know they are sitting on one of the world's highest quality graphite mines and want to maximise shareholder returns. They currently have just under £2m liquid assets on the balance sheet, so are well financed once ML drops and given the relatively low capex required main funding will take a comparatively short period. Expect marketing and comms to improve significantly following the certainty of the ML news and good luck should you decide to invest.

Let's just not call that horse Marengo Swest:))

Good post Lawrence and agree with your pricing scenario.
This is why I am so keen that we get into full production and do not sell out too early.
Multibagger if there ever was one.

They may well have, but Orion,Teck,Glencore and our own management would have none of it.JM has repeatedly said he wants to take HZM into production.Imagine his CV if he does that from a scratch start.

"Anyway the weather is crap today - currently in the pub having a Carling."
Have one for me Tony:))

Thanks for your posts below Muck-very interesting. I have always just assumed that on issue of the ML ACP will be obliged to hand over a 16% economic interest in ACP to the Tanzanian Government.
This always seems to be tricky issue in Africa-witness what has happened in Burundi to Rainbow and several other rare earth miners where exports have been blocked by the Government who do not consider they are getting a fair bite of the revenues generated and are seeking a renegotiation. Back in TanzaniaAcacia Mining had a huge debacle with the then Magafuli Government over taxes etc about 7 years ago and eventually had to be rescued by Barrick.
However, MB is fully aware of the rules and I think will comply 100%-after all 16% is pretty fair really.
Sorry do not know much about the FCI process except that it is long and drawn out. However, I have no reason to disbelieve some of the comments on here that we are now just awaiting the formal and very extensive paperwork involved.
Personally I am more concerned about how many more shares Kabunga still has-I hear he is down to just a few million now, but still has plenty of warrants (which at least bring money into the company).

There seems to have been alot of discussion with a green box last night!! I have never filtered anyone on the HZM Board, so I must have filtered him on another Board. Anyway good to see so much interest here and welcome back JD1989-I am still backing Glencore or Teck as the cornerstone by the way and agree with Wasa-a miner will be less share price sensitive.

Thanks Lawrence.

Has anyone bought today? Just wondering how easy/difficult it was.Could try a dummy buy, but terrified of fat fingers:)).On Friday I bought nearly 200k at the exact bid price of 5.8p.I suspect it may be a bit more difficult today.Would love to see a squeeze in this after the incessant selling.

"As our Araguaia Project advances towards the start of construction..."
Another strong hint perhaps, but beginning to feel it will now be September before we see the big announcement.
Just got to hold on.

Agree Devil-Ahead of ML ACP has been very leanly run-minimal PR, keeping NOMAD costs as low as possible etc. However, they have just under £2m liquid on the balance sheet so expect a healthy increase in news flow once the ML has been RNS'd.

Noticed we actually went up 5% in Canada last night-but on decent volume as several have noted below, which makes me take it more seriously.

Sounds like you are looking to short it Molson.

Craig-that is pretty much what I was thinking.I still think the banks and HZM will want the debt done by end July/very early August.Why not just announce that the debt deal is signed off and complete.No need to give any details.That would put a rocket under the shares and gives them time to sign off the cornerstone and off takes.End of August/beginning of September they can announce the whole package in detail and complete a small retail offer (as they have said they will do).Makes sense to me, but I guess we will see.

....Canadian price firm as a rock at 10c.Volume 3.28 million-biggest volume day I think I have ever seen there, even after the last placing.Makes me feel this definitely the market makers on AIM.

Hi Sasa-Completely agree-but perhaps a bit complicated for those guys:))

Strummer picked the whole lot up at the bid price.

Just picked up 189,655 at 5.8p-had to sell another share to do sorbet simply cannot see what has changed.Sooner we get off AIM the better.My buy showing as a sell.

The selling-just makes no sense to me. Nickel on fire, deal weeks away, shares so undervalued . Looks so manipulated-I am at a complete loss for an explanation.

The City gets very quiet over August-hope our bankers all want their Summer holidays (at least those based in Europe) so get this signed in the next two weeks. Otherwise we probably have to wait until September.