Member Info for BwanaMakubwa

...going through mid spread.

One hundred percent agree with you TDT. Has to be a good chance of a contested bid here between Vale and GLEN (plus possibly others). My money has always been with Vale here.

I suspected some of that volume was sells. No big deal-interesting to see who bought. I think alot of the Cannacord position is PIs (Canadian version of IG or AJ Bell etc).Get them out and let's get some proper institutions in-I never classified Cannacord as a proper institution.

Could be DJ Ryan getting back in....God forbid!!

Hard to say if buys or sells-hopefully a new institutional buyer.

Peabody-I take your point here and it is fairly made. However, this is an interesting exercise (thanks TG333 for compiling) because with only 34 million shares in retail hands of which 8.27m (including those added today) are on this Board ,most of whom seem to be committed to the end game, we seem to have only 25.7 million shares available to be bought. Probably more like 20 million assuming not all LTHs have posted their positions on the Board.
Using our 25.7 million figure that equates to only £37.8 million of potentially available stock. This is technically very interesting indeed. As we go into commissioning and approach first production, barring any further stock issuance or black swans, HZM equity will become increasing compelling to institutions .However, a mid sized institution will require £5-10 million as a position size, so we only really have sufficient potential stock supply(unless this gets really bid up) for 4-6 medium sized new institutions. I am sure this technical position will not have been missed by Helikon as part of their extensive due diligence before buying their stake. Added to this we have finally added a full time Head of IR with strong FTSE 100 credentials which is hugely positive-lack of strong IR has been one of my personal bugbears and has historically damaged the company imho (dilution could well have been less with strong, well connected IR ensuring far better share placement prices).
So we have increasingly sound fundamentals, plus a very interesting technical situation arising. Fingers crossed things stay on plan and the rainy season is kind. GLA.

490K shares for me.Will go to 500k.Holding all for the end game.

TopGun if your 34 million shares in retail hands is correct that has to be pretty bullish because (praying to God for no more equity issuance) this is really the only supply of stock and it is fairly miniscule.Assuming 14 million of those shares are retail waiting for the very end game (and that is probably a conservative number) then we only have 20 million shares of supply.Where and at what price are buyers going to find stock? Technically this is now looking very interesting.

Happy New Year all.
Oily Rags on your calculations you appear to be using 268m shares o/s.A more accurate picture would be derived from using fully diluted share count of cc330m shares o/s.
So on A1 NPV of £1482m we currently have a Market Cap of A1 NPV8 of £485m/£1482m=32.7%.

The chart having been seriously negateeve for most of the year progressed into a brief period of horizonte for a few months as it consolidated in the 80s and has now entered its final phase of verticale as it heads towards £5/6!!
Happy New Year all and very best for 2023.

Personally very happy with this consolidation around 137p-140p,following such a strong burst up from 85p I was expecting profit taking down to the 120p area(not to say it cannot still happen).Hopefully this new base holds and as news flow unfolds in 1Q23 provides a base for a push up to 200p or more.Anyway lots of news flow and milestones to look forward to.Happy New Year to all and fingers crossed for 2023.

I liked their answer there.Would rather they use FCF to build the asset base and business for now.Divis can come later(but obviously will never occur!!).

Good confirmation of funding out of FCF or rescheduled debt.

I am hoping a strong update tomorrow will push this on further towards £2.
As alluded to by many, the PIs left in this seem to be mostly patient LTHs now waiting for the end game.Of course we will have our traders, but I am not sure they will stop the upward trajectory, especially if we can get a handful of new IIs interested.
If things stay on timetable only about 30 weeks left until commissioning I think.There are lots of strong catalysts ahead-let's just pray the banks continue to play nicely and we don't get any more black swans.

We have a new investor with 3.18%. AzValor Asset Management (Spanish).They just have not issued a TR1 yet.

Picked:
a)Final take out £4.75
b)30/6/2024 £4.00

Anyone got any theories here? $33k on LME.Not sure we really want it this strong.

"This milestone demonstrates that we have made significant progress on construction and have been able to satisfy the Senior Lenders that we have, among others, i) shown that Araguaia is fully funded through to completion and first cash flows; ii) made significant progress with construction, and in line with the schedule; iii) awarded all of the key material contracts, including equipment supply, Engineering Procurement and Construction Management (EPCM), port access and power supply; iv) have a long term offtake in place for 100% of Araguaia's production from line 1 with a high quality counterparty in Glencore; and lastly, v) have built out a high quality team to deliver the Project.Absolute quality.One of several key catalysts for us and upward share price projection.In my opinion our volumes are still too low to attract large institutions in the open market, but we should now start getting a few smaller special situation and commodities funds buying in.Will be joining Soundbuy and turning on my heating!!

Hopefully we will get news within the next 2 weeks that the first debt drawdown has been approved by the banks.This should prove a catalyst for a strong run into Christmas and the New Year.With the electric and port contracts now signed the jigsaw is falling into place.Fingers crossed and good luck all.

Yes great point Rich-I must admit I had not noticed that.