Member Info for BwanaMakubwa

..to 10p on the offer side today?

Polinvest-serious question here as I believe a balanced Board is too everyone's benefit. What specifically are the risks you see increasing please. I am interested to hear if you have some thoughts that I may not have considered.

Yes could drive a bus through that spread. Just bought 50k shares for daughters ISA-paid 9.37p

Agreed-just need to clear all these traders out now and hold the 4.2/4.3p bid

Give me a lucid, well researched poster anyday.This Board is actually okay on the whole, but try visiting some of the others!!

100% with you JAdam,need to incentivise new employees and what better way than give them options where two thirds of the award are CONDITIONAL on milestones.Very bullish in my opinion.

North,my average here is about 6.5p.I still need more shares to get to my target holding, but do not have the cash at present.So I have resigned myself to the fact that I will be paying between 10-12p for the balance of my shares-I would not want to pay over 12p.We know we have a none binding agreement with a cornerstone equity investor, what we do not know is at what price.I am going to speculate no fixed price, but a % above prevailing market price.I am hoping-and may be completely wrong-that the cornerstone will accept a premium for a size chunk of the equity.If we end up with less than 2,000m shares outstanding we will have done very well.Why would the cornerstone pay a premium? HZM is a unique situation with 3 different assets, the NPV on just 2 of those assets is $3.3bn at a lower nickel price-a strategic cornerstone will see the longterm value and consider it with paying up.Premium deals have been done before-look at N Brown and Saga just last year.
Anyway as said yesterday,I cannot wait to read the details of the deal when it is announced-JM's body language in the last interview said it all to me.
Good weekend guys and thanks for some great posts this week.

Leathal1979l-Wasa is very conservative (no disregard meant Wasa),you will find others on here (myself included) with year end targets of 30-35p.

Not impossible Juxta-Particularly when you have maverick geniuses around like Musk-I loved his tweet when he discovered was the world's richest man!!

....."I'm comfortable you'll still double your money on financing from that level (in due course, maybe not on day 1) so for me still a clear buy level but will others still think that, and if so how much above 10p will they be prepared to pay pre financing? Find out soon I expect...."
I agree-do not want to tempt fate, but am increasingly of the opinion that we will get a better deal than we all thought 3 months ago.If this is right, nickel holds the $18k level and FOMO kicks could see 30p by year end.I cannot wait thread deal details...

After funding Jimmy that will happen. They have stated that they are going to start institutional marketing after funding in UK, Canada and USA. This company will be under the radar of so many instos that hopefully when they see quality of assets and management they will start to buy-fingers crossed!!

EmS-thanks for sharing contact with Company. Always useful.

My comments SeanT are infact not passive racism, but fact, having operated on the ground in Tanzania myself-the same is probably true in some Eastern European and South American countries, but I have no experience of operating in those jurisdictions. However, I do believe the licence will come otherwise I would no be invested in size here.I am sure you meant no offence and I took none,but just for the record.

Chrisn3 it is simply Tanzanian bureaucracy. Despite Magafuli's announcements on welcoming foreign investment the wheels of the bureaucracy turn very slowly here-partly due to a long history of corruption and partly due to poor education standards meaning there is a shortage of skilled civil servants.

Strummer-market makers in these stocks in my opinion effectively act as a cartel-there are usually only 3-5 market makers in a stock of this size, they all know each other, they all go for beers together (lockdown allowing) and they work closely together to control the stock. Effectively the last cartel in the City-sad, but true.

..to see the price holding, my other resource stocks are drifting off this afternoon.

Apologies "market cap".CEO does not have to attend initial institutional meetings-IR handle that.CEO gets involved when the insto gets serious about investing.

Very simple Trilla-to get more instos on board and drive up the market cap towards the stated madcap goal.

Mullis has history of M&A having been part of the team that built-up and subsequently successfully sold Biocompatibles in 2002.His appointment of McCarthy as CFO delivers an executive who can both facilitate M&A and defend against unwanted approaches.I believe NCYT will be bid for, but may not wish to be acquired quite yet as their stated aim is to get up to midcap status.As for other management changes,I agree with Walsh that Mullis needs to be continuing to upgrade management-and I believe he will.With this sort of growth he needs the best possible executive team. However, as Kaeran said, Blackrock have far too small a holding to strongly influence Board changes yet, although they may suggest them.I hope Mullis's next senior management move is to put in a senior IR executive.The fact that they have yet to do a single institutional roadshow beggars belief.Great company, terrible IR and comms. However, fully understand lack of aggressive PR.

Good-we will see them all again at 6p...!!