Member Info for Catchingpigeons

Hahaha.... that’s made me laugh that has ... but yes I’d like to think so mate

Morning all ..A couple of things ,firstly ,well done crux what a great Iv that was and well done Jezzer who came across superbly well I just loved the way the interviewer drilled down to the key lines and equally how well Jeremy responded . So much to admire and so much to salivate over with news flow over the next few months likely to be so exciting ..with so many possibilities . I just love the way vermelho is being positioned in all this & it’s clear that Hzm see the impending Indonesian ban along with the rapid drop in Lme stocks as pushing nickel a lot higher any time soon .He also mentioned an npv of circa 800 million for V not being included in any current valuation of Hzm so I reckon he must be using a higher nickel price than 14k as he did with Araguaia but point being if Nickel is higher at the Pfs release date than the mean average they have used will surely emphasise even more as to just how big this could be and incredibly which has diddly squat value in the current shareprice . The 100 million market cap target is also a key player as that will open a lot more doors once that happens so I’m sure shareprice appreciation will be a key goal from here and I reckon he knows with what’s coming it could well do that fairly soon .Finally he said it would be out in the next few weeks but near the end he then said the next couple of weeks so who knows it could be by month end ,but in the bigger picture does it really matter ? Who knows but imho I suspect not ..exciting times and a great weekend is wished to all invested here

Evening fella I don’t know any more than anyone else but I’ve been thinking that very idea for some time now as it would generate a very tidy sum and that’s why I think this Pfs is all so important to JM and getting it spot on ... I think he said vermelho s capex would be around the same figure as Araguaia altho I stand to be corrected but he’s made it pretty clear to me at least that the major focus will be Araguaia as far as the BoD are concerned right now ,so either of those 2 options u raise would put a totally different slant on everything ... it’s not beyond the realms and the longer this rolls on and the higher the nickel price goes which is what I was alluding to in my other post the more likely this becomes a possibility .. that said I may be totally barking ... wouldn’t be the first time ..Lol all the best

Nickel Lme stocks at 108k with cancelled warrants at 59k leaving just 49k of live warrants left ..incredible and with the Indonesian nickel ban starting jan 2020 u can see why Jezzer is stalling on the Pfs and why he’s subtlety pushing the timescales out a tad further as it’s all about just that ... timing and 2022 is clearly his optimum time for Araguaia to come on stream as that’s when he thinks max value will be gained and it’s also clear he sees this as his main focus longer term ...
As I’ve said hitheto ive always thought his principal goal for vermelho is a joint venture or probably someone to come and buy it out completely which is why I have said the timing of the Pfs is now secondary to getting it absolutely at optimum pitch as that way he can strike a better deal with talks continuing in a rising market for nickel sulphate which enhances the prospects of a bigger deal and a better deal for all of us . The amount of imminent news is likely to be huge imho and many options are feasible but it’s clear from his IG interview Jezzer doesn’t expect production at Araguaia until H2 2022 ...which is a fair way off but in the meantime there’s still plenty going on here on all fronts to make this a truly compelling investment across most timescales tbh , so fwiw I just can’t see it sitting at these levels once the news does start flowing ... time will be the judge of that I guess but exciting times nevertheless Aimho as always GLA

Great little article here which reads really well and I know seeing is very much believing for a lot of folk on here but I personally cannot see for the life of me how this won’t happen with what they’ve got as a product ,the amount of it , the quality of it , and the unbelievable economics backing it up ... but time will tell as always ... have a great weekend all
https://miningmaven.com/company-news/59-armadale-capital/976-armadale-capital-advancing-one-of-the-world-s-highest-grading-large-flake-graphite-resources-acp

Still refreshing to see so many familiar names on here So I genuinely hope this comes off for u guys at some point soon .
It’s a scary thought that 6 & a half years has now passed since the exploitation license was first submitted I remember it well , and here we are with the govt still trying to kick the can down the road , which seems so pish poor pardon my french it’s unbelievable in truth - ur resolve and spirit here is truly awesome
So I wish u all the very best in getting the result ur loyalty belief and patience fully deserves.GLA

Fair play to u mate u did call it at 1.70 I remember it well and I did buy in at that time too even though I readily admit I know little about charts .. what I do know is the trading activity and the drop in the last 5-10 minutes is nothing short of poor dice from the mms they’re simply taking the proverbial unless a big sell is being worked in the background ... a good buying opportunity though I couldn’t resist a few more I have to say .GLA

Mr Rodrigues was "Project Director for MMG Limited where he led the US$7 billion Las Bambas copper Project in Peru, which was delivered successfully and brought into production ahead of schedule and under budget." Las bambas is one big f o mine that’s some achievement £500m under budget ..
Great appointment imho this must clearly prove the intention is to take Araguaia forward now and doing as Lotto says & presumably using Vermelho as the bargaining chip .. it also implies finance must be well advanced for this and presumably this is what has taken up most of their time ... in the meanwhile the case for making the Vermelho Pfs the best it can possibly be ,grows by the day as producing that using the most attractive numbers possible becomes a total no brainer should n the bigger picture .. for the potential rewards it will undoubtedly offer ...
Trading this share will still make u money I get that totally but those days are long gone for me now as I see this going much much much higher over the coming months and the simple truth is u have to be in it and stay in it ,to win it . Aimho as always GLA

I did say last week I could see this coming out after the qtr end and I defo agree with Luke that for whatever reason it’s been delayed will be for a good reason and Jezzer will not be taking the proverbial as to why it’s not arrived as yet ... he has some form with not keeping to his timescales tbh but like with anything u actually take stock of where we are right now ,on virtually all fronts and it’s hard to knock the bloke for anything as he has stated all along the nickel market would turn just like it has ...with the primary objective of maximising shareholder value for all of us ..
Any successful mining project relies heavily on timing just like life itself and anyone being here from last October knows the Araguaia FS ,timing wise ,was a turtle disaster as it transpired ,along with a few other issues of course so with the benefit of hindsight I reckon Jezzer knows he needs to get the Vermelho one spot on , as that at this specific time in the process could well be the catalyst for some real upward momentum as once it’s there in black and white it becomes a key component in what may happen next .. aimho as always GLA

Thanks lotto 2 great thought provoking posts there... as u say endeavour have been on board nearly 12 months now trying to resolve the financing and many things have turned in our favour in that timeline especially these past 3 months
Reality is we can all appreciate now exactly what kind of discussions have taken place from what Phillip Clegg has told us openly about Orions involvement which undoubtedly must explain why they have invested 25 m dollars up front on a royalty deal as they must see and know the bigger picture I’m sure of it
It’s also crystal clear The EV battery grade nickel will command much higher prices once the supply crunch bites as it surely will and then there will be an almighty scramble to get their hands on it .
Hzm know this only too well & so do Endeavour and with the nickel price surging as it has makes getting the PFS absolutely spot on far more important than anything else, even the protracted time line , and I never thought I’d say that ever .
But until the DFS is sorted later in the process the PFS becomes the go to document for any negotiation platform so imho getting it absolutely bang on first time round can only be a good thing ultimately for all of us ...whenever it comes, as I think a bid of some description could quite easily follow it . It’s a no brainer GLA

That’s what people have been saying for the last few months if truth be known, ..none more so than Jeremy himself but here we are 2 days left in the Qtr & still waiting ...so if u were the CEO and if u had a choice in such things would u release it tomoz or the very last day of the Qtr on Monday ?
or would it have more impact at the start of a new qtr next week ?
Hmmmm I think the latter personally altho it’s rather a mute point as I realise u can’t hold back news deliberately or for the sake of it ..so it all depends on the actual reason as to why it has been delayed to this point
I suspect revised calculations around things like the rising nickel price maybe but it could be a multitude of things ,but what I don’t think FWIW is that it’s for any detrimental reason whatsoever either ..
U only get one shot at this , as after it is released it is what it is .so get it right first time every time ...and I’d much rather them get it bang on now so it gives us the best possible chance of negotiating the best deals at the best possible terms as that way everyone’s a winner hopefully .. in Jezzer we trust ..not long now either way GLA

Morning all , interesting to see we have some speculators reckoning the nickel price could reach 11$ a pound or roughly 24k a ton by year end ...blimey !!!
Add to that we have a multiplicity of possible and probable news due here on a whole host of fronts over the next few days/wks /months which could include another royalty deal , off takes , a possible j/v , stake building by somebody , a full offer , a partial offer, to name but 6 ) any of which should catapult the share price to a much higher than at present and on top of that this week should also see the long awaited vermelho Pfs which could land any day and that in itself should provide a major filip ..so it is a puzzle personally fathoming out why peeps are still selling but they must have their reasons I guess GLA

Mate u have put so much research into those numbers it’s just awesome and I will be truthfully honest I don’t fully understand all the different metrics u specify despite being in finance all my life but reality is they look pretty spot on to me so thanks for all ur input fella

Morning all , interestingly this situ with the FS has been quite a riddle this time as the test work was completed on the 4/6 with the detail to be fused into the PFs which Jeremy had said originally it would be released early H2 ,he then said in July it would be released shortly , he then said mid year , he then said towards the end of Qtr3 ... it’s now close to the end of qtr3
Point being for me at least the delays were a tad frustrating at first but since that time we’ve had nickel rise to 18500 he gave us the resource upgrade on the third mine , he then come up with a royalty payment , the shareprice has almost trebled from its low point ,so I can’t help thinking (wishful it may be) that its all part of a cunning plan (black adder esq) and that something else ,news wise must be looming , as why else would it take TIL now where he’s already said in as many words it should be well received ... and realistically there is a hardly a tap of value for Vermelho in the current sp ...so altho i am no advocate usually for companies missing timelines ,in this case I’m with u Luke 2 as that possibility has to be pretty realistic in my humbles ... time will tell as always but exciting times 4 sure !GLA

So four months on from the last update and does that today honestly truly inspire anybody here given that they started actual commissioning over 12 months ago and yet it’s still another month or two supposedly until we reach the main ore body ... honest to god talk about kicking the can down the road ... it absolutely beggars belief imho ..
As for Donoghue’s summary .
.."While still early in the ramp-up phase, it is encouraging to see that tungsten grades in the Mine have been improving, Blah blah blah

Whilst still early in the ramp up phase .. it’s been over 12 months ffs man since u started ...he just churns out the same old same old ... u wouldn’t bet on anything he says that’s for sure he’s still getting paid though ,so happy days as it will happen one of these days no doubt but probably only when the tungsten price is where they want it to be ...even if that could take forever it seems ...GLA

Afternoon fella , more good news and encouragingly momentum is building here by the day with the stars appearing to be aligning as stated - For me it’s now crystal clear that getting the DFS out on time is a key requisite & it providing clear unequivocal evidence the proof is in the pudding ..as if it does I reckon financing and funding should be a given ... the test work results are so impressive and this latest funding at a premium should now take them to the finishing line so I think I may have caught my first pigeon top man .. well let’s hope so and that ur very long exasperating investment here (along with many others it appears) turns out to be worth the wait ...all the best and GLA

At to When the next update will be ...the last one was 23/5 /19 and do u think the delay is down to them finding that much tungsten from the new ore that they don’t know what to do with it ... now how good would that be .? . will we also be officially in production yet ? ... so many questions ...we must be due something soon surely ? Topped up the other day 210k at 1.90 unbelievable Jeff !!! GLA

Afternoon pbb8 , thanks for that I knew we had set a date of 2040 to ban the sales of petrol /diesel cars by then and were looking at bringing that forward to 2030/2035 but didn’t know we had done so and set such a high penetration rate for EVs so if that’s the case then fair point .. I also accept I didn’t put my case very well in that 65% of Evs in China by 2035 with a population currently of 1.4 billion in 2019 was to emphasise the huge numbers that this would imply and the huge amount of nickel going into it .. so thanks for the info update as it’s reassuring to know we are moving things on here far quicker than I’d realised All the best GLA

Frightening stuff Luke but in a good way for everyone invested here and already with their bets placed on nickel that is for sure , I still find speaking to most of my friends that they still cant quite grasp just how far ahead of the game places like China are ,and just how big these innovations and decisions will be on all our lives in the future
Many I’ve spoke to simply can’t see it though as the UK in truth is miles behind but that’s as far as they can see as that article illustrates perfectly ...60% EV by 2035 ? Incredible whereas we might be a fraction of that .
Point being when the penny finally does drop and r it’s a fair bet the horse will have long bolted by then investment wise together with the best opportunity to make some serious gains ..but only aimho as always

Evening fella , maybe ur right and maybe it is a false dawn but let’s stick to the facts ,the shareprice has doubled since u last posted and look I fully accept ur cynicism and skepticism and as to why this company made u change ur name ,but times change, circumstances change and that’s why I never say never anymore .
Point being every word Early bird has written in his post summarises perfectly the situation here imho and at this stage ur right it’s still all ifs buts and maybes but the economics are indisputable and surely have to be one of the best around. Anywhere
We shall soon find out as to whether it is in fact a pig in a poke and whilst I can’t see it myself I respect ur opinion ... time will tell as always but I do think that name change is on the horizon top man All the best and GLA