Member Info for BwanaMakubwa

Russia 16%
Indonesia 13%
Philippines 13%
Canada 11%
Australia 10%

A classically educated yank-excellent-bodes well for the share price:))

Correct Goolang-Tesla has also done a deal in 2021 with Vale at their New Caledonia nickel mine Goro-becoming a technical partner with an off take agreement if I remember correctly.Musk is leading the way here-but guys like VW are already in discussions with nickel miners and I believe have had conversations with Vince (not sure what about on that one though).
My view is we will see a stream of these deals in lithium, graphite and nickel over the next 18 months.

Is Contrarian on the list:):)!!?

Completely agree Goolang-investment bankers trying to be clever.Very few US institutions can buy OTC and US retail (understandably) very domestically focused.Complete waste of time 98% of the he time.

Sorry Craig posts crossed.interesting that you are musing the same thing.

Picked-very interesting post of 9.22am.
I have always been in the camp that HZM are there for production and will only sell up when A1 is producing and plan and financing are in place on V.
However,I agree the silence now is very odd especially when we were assured of news flow.So I am beginning to change my opinion slightly.JM is a good opportunist, he will have noted carefully the Sibanye/Appian deal fall through in Brazil in early January-that was a $1bn deal. Sibanye want Brazilian nickel.Is JM looking for an early sale?Is he looking for nearly partnership on V? The DFS that Vale did on that will be first class.With nickel this hot has he seen an opportunity?This is speculation, but there has to be a reason for the deafening silence.Time for a few more I think, this is now really bargain basement.

Ferrero I would initially think somewhere 6-8p, but assuming Matt then starts to up the communication as construction kicks in I think we will see the share price really start to move.This graphite story is exactly the same as the lithium story, but lithium has got an awful lot of press and communication is excellent in the 2 stocks that I have small positions in (BHL and ALL) hence both have seen dramatic share price rises.The same will happen here at some point, but right now we can buy here at bargain basement price.Once news kicks in ACP will be hard to buy in any decent size.I do think once funding etc is announced the comms/website/marketing will all be sorted too.Admittedly this is a real patience tester, but I think those of us who keep faith will be very well rewarded despite the current opportunity cost we are all feeling right now.

Lawrence JM said in a public interview that he would buy stock in the deal.I absolutely cannot blame him or SR for not participating in the deal at 7p when the shares were 6.5p in the market.But now they are 6p in the market-14% below the offer price some (myself included) may perceive his previous comment as slightly disingenuous.Very simple really and my point stands that insider buying remains a key bull indicator in the stock market.

Having diluted the hell out of us and seemingly once again placed the shares in some fairly undesirable hands outside the 2 cornerstones it is now time I think for management to step up and pay some attention to their share price as a bit of respect to their remaining PI LTHs.What can they do:
1.Whether they believe it or not putting their own hands in their pockets and buying a decent chunk of stock at this very lowly price would show a great deal of confidence in the project and I am sure would have a positive impact on the share price.It would be welcome by us PIs,but is also a key indicator for many institutions-especially the Americans whose economy is built on entrepreneurs who own significant positions in their companies.
2.A clear update-numbers hired, date to break ground, timetable for construction with key milestones.
3.An update on current thinking at Vermelho.
I greatly respect this management team-they did very well to get the project financed and they are smart operational operators, as their recent second hand plant acquisition demonstrates, but I do feel they are slightly naive to capital markets and perhaps could improve the quality of some of their advisors in this area.

On a separate note what are peoples thoughts on a possible Russian invasion of Ukraine? My slightly uneducated view on this is that we are reasonably well positioned should this occur given that Russia is a large nickel exporter and we are now fully financed.

Because US OTC is a complete waste of time.US institutions cannot buy on OTC and US retail is very domestically focused.An OTC list is purely an investment bank wheeze to make a few more $ in fees.Very occasionally it does work for UK companies, but only very occasionally.Far better to list on Nasdaq once you have hit a proper market cap ($300m min),but much more expensive.

Hi Strummer-good to see you are still here and adding-as I do on most pullbacks.
I am very confident management are working up a "better than expected" deal here-so I ignore the "noise" and continue to add on weakness.

"Agreed but may be reflected in what happens to Vermelho (if anything) and at what price..."

Very fair point.

100% agree Soundbuy.
The Construction team are going to be heavily incentivised with options to build A1 on time and on budget-so time for JM to be a bit more bold and set out a timetable of key events, including Vermelho DFS. If he wants to get the share price moving that is what will do it. A strong nickel price now is great, but does nothing for a company 2 years away from production.

Voight-no divis here for 4-5 years at least, they have to build a mine and pay down debt and CLNs first!!

What we really need now is some news flow on breaking ground, mine preparation,Vermelho DFS timetable etc.The after deal churn here has been quite prolonged probably indicating a slightly flakey book outside of the main equity funders.Hopefully a bit of timely operational news in the second half of January will see the last of the weak hands leave and we can can get on with a steady appreciation of the share price.The strong nickel price is helpful, but I strongly doubt that we will see very strong correlation between the share and nickel price until 2 or 3 months before production.

https://twitter.com/humenm/status/1480437416913776643?s=20

Courtesy of Sounbuy on HZM Board-I know this is nickel and cobalt, but I good endorsement of how more investor friendly Tanzania is becoming-especially as this asset once belonged to Barrick who got absolutely shafted by Magafuli the last President.This is several 100 miles north of us and note comment on lack of infrastructure.

GGG-Yes 2 year build and build team to be incentivised via option pool to build on time and to budget.

SJ-Happy New Year to you too. Yes that additional unexpected dilution knocked the momentum right out of this share unsuprisingly. I do not expect to see much action here until they start to update us on mine build and V DFS etc, so I think your "dull" description is pretty apt for now at least.

Strummer it is impossible to tell-but it looks to me like Kabunga is out of his ordinary shares-the recent selling has been far less chunky and aggressive than when he was in full flow.I think your analysis below is correct-you could buy ACP at 4.3p in early Dec and it rallied up to 5.5p over Christmas.There are definitely traders in here and I guess that was an easy 20% for some.
Hopefully we hold the 5p level before news starts to flow, which I suspect will not happen in the market as a whole until next week.Half the world is still on an extended New year holiday this week.

I am pretty sure they know the limitations of Peel Hunt-remember they were sadly forced to sack Numis-arguably the best connected mid cap broker in the City-because Numis sacked their mining team in the down cycle.They have appointed BMO who placed 50% of the deal in North America which is a decent step up.
I am sure when the time is right they will appoint a global Investment Bank-JPM,Jefferies,Citi etc, but for now there is no need, the deal is done and apart from research and institutional intros there is not much more to for brokers/bankers to do.Before they can attract serious blue chip Pension Funds etc they will need a higher market cap-so for a while would expect the trading here to remain pretty PI dominated.Once we go into production and M&A starts to properly threaten then I think we will see a global investment bank step in as lead Bank and broker.
Personally expecting a gradual rise to 12/13p over 2022 as construction news and Vermelho DFS news begins to be announced.Really a very easy one to sit on now.