Member Info for BwanaMakubwa

This is quite complex and I only understand the basics-so please do not shoot me down.
AT trades are pretty much always institutional or investment bank derived.They often (but not always) occur when some sort of corporate action is going on (which may or may not result in anything actually happening).An example is someone trying to acquire a good position without driving the price up, so an algo will work out when to sell and keep the price down(can basically be done by any sophisticated market maker (and I mean Goldman,JPM,UBS, not Shore or Peel Hunt) to facilitate clients who say want to build a good position under the radar.Positions can also be hidden by using nominees like State Street or Pershing to hold the shares on your behalf-quite a few US institutions do this so the rest of "The Street" cannot see what they are doing.
It is very frustrating, but not much us PIs can do about it-but do remember-however,inefficient or manipulated a market is-true value always outs eventually.

Webbo-they have told me historically that they want more North American investors-they know (and it is widely recognised) that US investors do not like penny stocks. That may appear irrational to us Brits, but it is a fact. They have also said they want to see more trading on the TSX. So I guess one reason is to attract more US institutions Personally not worried about the consolidation-but I do note your point that it may make it easier to dilute us again at some point.

Makes sense to me. Shares will now be much more marketable to institutions, especially the Americans who hate penny stocks.

No I am with you Strummer-there is huge potential here. But as you point out there is also alot of justifiable frustration over the almost complete lack of comms. I think this will change, but the wait is certainly a patience tester especially for some who have been here 5 years plus-I am a relative newcomer-2 years. However, I am hoping that the opportunity cost and prolonged wait for news has meant that alot of the fast buck crowd have exited. The shares are thinly traded here and in the hands of many LTHs. When it moves It will be hard to buy and hopefully will rocket.

Agreed Fulmar-but unfortunately widely used by hedge funds. For them very capital efficient, assuming the shares move the right way!!

Effectively a leveraged trade:
"CFD is a leveraged product, meaning that a trader needs to deposit only a small percentage of the full cost of the trade. The rest is provided by your broker and is called margin."
This is actually an equity swap-but very similar.

Yes it is an equity swap of contract for difference (CFD).Definition:
"A CFD is an agreement between a trader and a broker for the difference between the instrument’s value at the start of the contract and the end of it. When buying CFDs you don’t actually buy the underlying asset, but ride the instrument’s price swings instead."

Yes-a long position .

I will go for Lawrence:))

No please go ahead Fulmar-I have a thick skin!! Plus last 4 months have been nothing if not turgid!!

Thanks Pete-that is more like it-should be very positive-I wonder who bought? Should get a TR1 later.
I stand corrected on my post below!!!

This is getting terribly boring and holding HZM is becoming opportunity costly.
With presumably Teck's 210m shares sitting on the offer at 7.2p or 7.3p we are likely to remain turgid for a while.I cannot understand why that block does not get bought by La Mancha, Orion or another strategic investor wanting some Vermellho action.To sell that sort of block on market is ludicrous.HZM's investment bankers should be all over this and finding a block buyer-capital markets really not HZM's forte.
As a respected poster on this board commented, there have been a lot of messages about transforming the shareholder register, well how about getting on with transforming the share price. And perhaps get in some proper investment bankers whilst they are at it.

Unfortunately when a high quality small company loses an iconic and well respected CEO ,it will immediately become vulnerable to takeover particularly if there is not a strong succession plan in place.Len is by all accounts an excellent geologist, but he is not a CEO and I am sure would be much more comfortable getting on with what he does best at Ricca rather than running ALL into production.
We know we have multiple approaches from parties interested in acquiring some or all the assets of ALL.I can only feel that once Cannacord and our BoD have assessed these so far friendly approaches they will either chose one or reject the lot as inadequate.In either event this will lead to one or probably more hostile bids until a price is achieved that the major shareholders and management deem acceptable.
As for for the argument that not enough has been drilled to assess a true value-that is indeed correct, but the majors have very clever geologists and the ability to extrapolate.Of course we will never get true value, but £800m is pocket change to majors at the moment-they are awash with cash, paying large dividends and in some cases buying back shares-shareholders would probably prefer an acquisition that would be hugely accretive in 3-4 years max.
I too would like to see ALL take this to production and pay me some fat dividends.Unfortunately as a realist I see it as highly unlikely.

Very interesting-well that will take some working through unless they can block sale it to a third party.Any potential Vermelho partner should think about that if indeed Teck's position is for sale-I guess we will see TR1s at some point if they start unloading on market.

https://www.mining.com/web/jpmorgan-says-be-ready-for-40-commodities-rally-in-market-shift/

Agree-slightly odd that they have not communicated price details. "Employee" suggests it is not a Director-but HZM have history of ambiguous communication at times.

...on the TSX.Have not seen a trade that size over there before.

I think a lot depends on what sort of deal they can get on Vermelho.Given current nickel prices and the increasingly rapid move to electrification it should be 25p plus.

...an insider purchase.

ttps://www.ft.com/content/0f57cbeb-96ce-43cb-a0b1-f7586126ad62?accessToken=zwAAAYADv4eEkc8PV8vrls5Dy9OgsfdYYSatYg.MEQCIGLwfKVisZQE