Member Info for BwanaMakubwa

Agreed-but I this is all going to be a bit of a yawn now until the ML is issued-completely out of the companies hands I am afraid.
The slow wheels bureaucracy have to turn.

Agreed-excellent link Picked.

Free market-each investor is free to buy and sell as he/she pleases without judgement. However, it is strongly my opinion that this is a fairly unique growth story so, as stated previously will eventually trade at a fairly significant premium to earnings and EBITDA .For what it is worth my advice would be make sure you keep a significant core holding in the long run. Even us late comers are early here!!

For once we agree OTH you dystopian fiend !!
Although I fully supported the last placing believing it put the Company in a much stronger position, the execution of that placing was poor. Maybe should have concentrated it into a few firm hands and avoided the flippers. Hopefully a lesson learnt and the placing brokers will be better briefed next time.

The two key lines imho:

"The planned completion of Araguaia financing will enable Horizonte to expedite the development of Vermelho through feasibility and permitting."

"Progressing Vermelho through to a construction ready status will significantly de-risk the Project and we believe this will be increasingly reflected in the value attributed to the Project by the market."

Just needs a bit more nickel...!!

Tony-I think and hope you will be well rewarded with that purchase.

...clearly not much loose stock around.

REGULATORY News Service....regulated by the FCA.They cannot say they have allocated £1.16 million for a divi then not pay it, unless the Court prevents the restructure-there is virtually no chance of this it is a formality.We will get the RNS we want by Friday and all have a happy long weekend.As posted yesterday no wonder the share price does not go up, no new investors would touch it reading some of the comments on this Board.Let's get over it and look to an exciting future and Goldman's target $80 oil price!! GLA

Absolutely agree Craigie-that is why I am hoping they are stepping it up on the PR front and that May 7th will give us some positive new news-possibly on Vermelho. Most on this board know the company well, there is little point having a webcast to tell us all what we do already know, especially with the AGM following shortly after. I cannot guarantee it, but I feel May 7th will be an interesting and positive event.

Meanwhile Nickel $17,287...

Three excellent posts this morning. Very refreshing to find a Board issues are correctly questioned and in this case well answered by clearly well researched posters. A balanced and civil board will make things alot easier for all of us-especially newer investors like myself who are still learning about this company.

TDT-yes, but I guess reaching a wider range of media.As per below hopefully we will get some new information on the 7th and further PR as we go into the funding.I guess current nickel price gives some support and the green metal super cycle theme is getting more and more talked about and broader investor attention.

I hope they are going to up the PR machine now ahead of the funding announcement. Press articles, webcast on May 7th etc.
I am sure they recognise the need to reach out to a broader audience now and get the share price moving into the final funding.

....or sent out to buy the fish and chips!!

https://bit.ly/3dVtnkh

TheSwan-that is great press. Good to see some good PR coming out now-things are warming up. Let's hope the broader market starts to wake up to the huge potential of this pure play.D220 it remains my largest holding too, because I genuinely believe in the supercycle, I rate management and pure plays are hard to find and very desirable to larger predators. Vale will be keeping a very watchful eye with their super strong balance sheet.

AJP08-yes I had the same problem this morning. I was only buying 51k shares, but had to put in 2 seperate limit orders at 11p and then wait 30 mins for execution .

..at last. Plus nickel nearing $17k a ton for the first time in a while. I am hoping the May 7th webinar may re-ignite interest here at last.

Just added a few more this morning at 11p.Not easy to buy. It is hard finding true growth stocks at an early stage, but it looks to me as if this is one. IP rich, good growth and sticky, repeat blue chip customers (with more to come) means one can comfortably hold this for a good period of time and expect it to trade at a premium rating once the wider market wakes up to it.

Imbtfol-As far as equity is concerned Pre is authorised to issue another 20 million shares-my thoughts are that they will need 40-50 million though,which takes them to a very reasonable 240-250 million outstanding.I believe there will be no shortage of buyers for new equity alongside the Angolans.Saltend will not be a problem to finance there is an increasingly abundant supply of green debt around and Salted will look very attractive for this.As far as Longonjo as the Angolan infrastructure is concerned-my gut tells me there will be no problem accessing debt alongside the equity-some of this could well be Angolan sourced debt-the Government is very proud of this project.However,I defer to others with better knowledge of mine finance than me to give a more detailed response to that part of the equation.