Member Info for BwanaMakubwa

I think easily 10-12p on delivery of ESIA and Mining Licence.On production in 2 years 30-40p achievable.

No sell for me.I get the "opportunity cost" issue, but the problem here is that news could drop at any time, it is totally unpredictable and unanalyseable.When that news drops this will double or more very quickly and it will be very hard to get back in with a big position.Longer term the logistics and economics of Mahenge are phenomenal,this will go up at least 10-15x.All to their own, but I am going to take the opportunity cost and enjoy a 90% IRR eventually.
For those selling look at HZM-another 10 bagger-sorry rarely ramp other shares, but someone asked

You can list on as many markets as you wish, but too many would get expensive on listing fees.Have to agree a UK/Nasdaq listing would be ideal here.French listing does us no favours at all.

Okay thanks LSE.

Hi LSE for the uneducated who is Malcolm Stacey please?

Think £400m revenue is quite achievable with cash anywhere between £175m and £225m-assuming of course no acquisition ahead of numbers being revealed-we have been printing cash over the last 6 months and I believe US and other overseas revenues could really. surprise.

..or perhaps a mug..!!

Looks like someone just paid 3.22 for 1 million shares.

...traded on Toronto on Friday, biggest volume by miles that I have seen on the TSE since I started watching it 3 months ago.Understand that this is still tiny, but I can only feel that it will be helpful to the UK quote if we start getting some Canadian/US interest,so this is a start.
My gut tells me we are all going to be very happy with the finance deal that is going to be struck,the recent management confidence,the tightness of communication and the booming nickel price all bode well for us I believe.Well done those who bought last week,if I had any spare cash I would be buying up to 7.5p,which is the highest price I have paid in accumulating my position.Feeling very bullish on HZM.

Think you are right Steve,should be nearly done now so hopefully we can move higher,they have really depressed the share price.

Would have had to declare on RNS if he had.Maybe one is coming-would be very positive state the obvious.

I am with you Amaretto-depending on positive outcome of various funding variables 12-15p is what I would expect.Market cap £55-£70m wish seems reasonable.

Not a bad thing though Rover and there is little selling out side our "million share man".Once news drops this should skyrocket and we should all be in at bargain basement prices.

Agreed and I wish they would hurry up with the licence. But please note this is not management's fault it is Tanzania. I had two businesses there and the wait for licences is very tedious (and expensive).The potential here is huge, but it will not be easy sailing, however blue the Indian Ocean may appear!!

But it is getting a bit tedious now, must have been about 10 of these late reported 1 million sales in the last month.

IMHO GSK most likely candidate-they need growth drivers.Would not expect a low ball bid as that will just attract other predators.Americans may also be very interested.I do not see us remaining independent beyond 2h21.

...our brave market makers have finally edged up the bid.Well at least the selling seems to have subsided a bit for now.

........meanwhile the shares tick lower.

An 8% spread on a share as liquid as this is criminal. I do not have L2 so cannot see who the market makers are,but they clearly have no clue where this share is moving next so have maxed the spread to reduce all risk to them.Appalling in my opinion and should be looked at.Market makers exist to ensure and “orderly” market an 8% spread here is not orderly,it is simply a joke.

MJB....if we get a supercycle I do think we will get irrational exuberance,I am actually kind of banking on that in 3-5 years.Pure nickel plays are hard to find.If irrational exuberance does occur and leads to silly valuations that is where I will exit my normal dealing account and ISA shares.I would probably keep my SIPP shares if they are paying a 2-4p divi by then.My average price is around 6.5p,that is a huge tax free yield.For you guys in at lower levels your on cost yield could be over 100% at some point.Quite extraordinary.Just hope we get there!!!