Member Info for Catchingpigeons

Https://www.benchmarkminerals.com/benchmarks-minerals-simon-moores-warns-senate-us-a-bystander-in-battery-raw-materials/...have a look at this and it makes u realise just how far behind the Chinese that the United States are as far as the 3 key supply chains for Lithium nickel cobalt and graphite ...it’s pretty frightening in truth and to be honest I think that’s the case pretty much everywhere ...I worked in finance for 30 odd years and even most of the people I know who on the face of it are deemed pretty intelligent folk are still totally oblivious to the changing world happening around them ..it’s pretty scary that not that many people in my experience at least ..realise just how massive this revolution going on right now actually is ... partly like in Britain right now they know the infrastructure to assist the EV revolution is a very long way off here but that’s not the case everywhere is it ? Point being when they do realise ...the world will be a totally different place which is why whatever happens short term with HZM if the pieces do come together as I’m sure they will with this project , any body in at these prices will look back in a few years from now and think they have played themselves an absolute blinder ...like most things it doesn’t happen overnight but it will happen it’s just a case of when GLA

Fair point mogwhy and tbh that 300k sale hadn’t appeared when I wrote my last post .. sigh

It is perplexing the share price movement based on visible trades seen either on the Aim market or Nex as like today the first trade for 250k was probably a buy as that was the price asked by my broker ie 3.95 and was them followed by 2 small sells yet down it drops yet again and it was similar to yesterday where it was exactly the same as I bought at 4.08 and a subsequent low value sale caused the price to drop for some inexplicable reason ...look I realise the mms are there to make a market but this has been happening for quite some time now and it’s hard to judge whether it’s simply supply and demand which I can’t see it is myself based on the evidence b4 me or whether it’s simply drifting until news finally arrives ..
the last rns was pretty clear production is/was set to commence early feb so an up date cud come anytime and let’s hope it’s a belter ... my only niggle throughout is that whilst we are only a couple of months outside the original set timeframes ..updates have been truly sparse despite the great work they’ve done and maybe I’m expecting too much too soon but I’d have thought had they really been on the front foot with this, and let’s assume they had beaten expectations for example and as such a surprise Rns was issued ,beating the market expectation and beating the drum big time about doing so ... Hopefully that may still happen it cud come tomorrow who knows ..but what I do know is that the Mms would have got wind of it somehow and if so I very much doubt it would have resulted in the sp tumbling as it has ...
The bottom line is we are in great shape here the plant the future for commodities and Tungsten is very bright the price has held up well and we’ve only scratched the surface here with the resource and life of mine so it will have its day and the value will out itself soon but time clearly stands still for no one and definitely not in this game GLA ..

On when and what will be in the next update ? 1) whether we have started production early and we are rocking and rolling -plus 25points 2) we are about to start production imminently ...but everything is on track and all issues resolved plus 10pts 3) we will get an upbeat and PR busting update next month after having started production in February but want to wait a few weeks b4 releasing the news plus 20points or worst case scenario ...4) yes we have ironed out all the previous hiccups but unfort the rehousing of some lesser crested newts or something similar means we will be ready to roll after another short delay ...minus 20 points ... point being I can only assume this is why some people are selling here with us being so close to a game changing moment . Weird GLA

I reckon those 200-250k sales are people who have made £300-500 on a buy at 2.20odd and just switching to something else to make a quick buck which is fair enough but I think something or some news of some kind needs to happen here ...b4 it gets back to 3p ..and some sustained buying ...which is why we see a short uplift with a few buys coming in on the back of the hype made from the rising nickel price but once it looks like the short term rally has run its course ...they get shut and move on to the next one .. classic aim been there done that but not with this one as I think if it does move it will move quickly but aimho ... nickel holding up well that’s a good sign

We all know the market is a law unto itself but over the last few weeks it’s pretty fair to say that sales have outdone the purchases ..well based on what we can see at least , either on the main market or on the secondary Nex exchange but what is baffling me is why would anybody be selling at this time particularly if u had been waiting patiently for us to get to this point and where we are actually producing tungsten and generating revenue which in anybody’s language is surely a major milestone and one which should entice the wider market to sit up and take notice especially as the market cap is at a crazy level for a company at this stage of their life cycle ... clearly anyone who has sold shares recently cud easily have made some good profit esp if they were bought in at 1.20-2.50 range but it still seems an odd thing to do all the same , even more so ,when they cud have sold out at 6p only a few months back ...point being it is what it is , however frustrating it seems although I’m equally sure that the true value will out itself at some time very soon ... just a little more patience needed I guess GLA

13202 at the minute up over 500 dollars today and yet we still see this familiar pattern of a few buys coming in at 2.24/5 and then right on cue someone sells 250k at 220 to keep it suppressed ... but why on earth sell at 220 when u cud have sold at 242 a week or so back or over 230 at the end of last week ... as already pointed out the rising nickel price makes it a truly bizarre thing to do with the economics improving substantially by the day ...the market works on some strange logic it has to be said

What do you know ! so the Federal reserve have now decided to adopt a more patient approach to interest rate rises and look what happens the Dow surges over 400 points the dollar drops on the news and the commodities prices inevitably rise with copper now at 2.77 ..which is its highest level for quite a while and no doubt the others including nickel hopefully will follow ... the upshot should be that mining stocks in particular could be in for a good day tomoz ... Fingers crossed all the pieces look like they are slowly coming together and if there should be a break thru in the trade talks it’s a fair bet that this Share won’t stay around these levels for much longer as a rising nickel price is exactly what this needs to kick start us back closer to a more realistic valuation than it is now ... aimho of course but some good signs taking shape at last

Interesting point made by young twigs on Adv about the current stock levels which total 203k but Comprise 143 k of live warrants and 60k of cancelled warrants which I presume at some point very soon will drop off the total figure leaving the stock levels at their lowest point for many a moon which should only help the nickel price even further which makes this even more incredibly cheap than I thought it was at sub 2 p ..but time will tell as always ..GLA

Yes spot on slubby nickel up another 200 dollars again today and as we all are probably aware Vale are one of the biggest iron ore and nickel producers in the world and after that utter and total disaster earlier this week and like u my thoughts and prayers are with all those affected by it ...but I read in the Business insider Australia version that there is a strong possibility they could have their mining license (s)suspended by the Brazilian govt who have already frozen billions of their assets as they hold them fully accountable and so added to the 11 billion they had wiped off their share price in NY on Monday they’re in deep Schtuck at the minute ..so if that did happen I would think that would have serious ramifications to the supply chain on both those commodities ..

2 good posts there fellas ... interesting to see nickel at just under 12000 today so just hope that continues chugging along on that upward trend

The spread may be 2.28-2.46 but I can sell a lot for 2.37 and can buy a lot less for 2.46 so it must b very close to a tick up very soon .. upwards and onwards hopefully

I just don’t get this at all ...it simply defies all logic even if tungsten prices have drifted a bit it’s no worse than any other of the commodities and whilst going into production imminently doesn’t transform the company overnight it’s a pretty huge development as it goes from explorer to producer and then from earning nothing to being cash generative which is hardly a bad thing .. tbh I’ve seen this so many times on aim and with shares such as this it’s very much a law unto itself and whilst we all know it and despise it ..it somehow keeps attracting us to it ... bloody crazy really and one day it will probably jump up on bloody nothing at all and confound us all perhaps .. we can but hope lol ...I’m still buying but not sure why ...so I guess that proves my point GLA have a great day fellas .. one day Rodney

The buy at 4.60 .. typo

Yes I’m pretty sure they were too as I can confirm that the 4.56 was a buy for defo and I’m sure it dropped to 4.54 a few minutes later which seemed bizarre in itself as the bid was 4.51 throughout so that implies the last one at 2.60 was definitely a buy as well unless it was a delayed trade from earlier which I haven’t checked tbh ... I truly didn’t think I would get a chance to buy more at this price so I’m not complaining on that front but i agree it’s so incredulous to believe it is at this level in the first place .. have a great weekend all

I don’t know mate is the honest answer that’s a bit too complicated for a simpleton like me when im afraid but it has been muted that a debt/equity split of around 250/230 is in the ball park considerations I believe but as has been rightly pointed out ideally b4 any discussions got truly serious the general consensus would be that the nickel price ideally would be much higher ie closer to 14k in an ideal world and the sp to be much higher or even back to where it was ..pre October ffs in order to mitigate the dilutive effect that u mention ... however if u scroll back a fair bit on these pages I seem to recall this subject matter was mused over by posters far more insightful than me ..I think it may have been Red Lee but worth a look if u can find it ...my own view for the short term at least , is that funding aside , now this is virtually derisked with 2 tier 1 assets and valued as low as we are I just can’t see how a big major will not be looking to strike whether that’s an existing investor we have on board like Glen or Teck or someone new .. just look at those numbers if it pans out like it should ... unbelievable !!! Good luck fella I hope it pays off for u mate

Top banana lol ! Welcome aboard fella nickel futures up another 200 dollars today and believe me getting in at this price ,at this stage of the process is a very smart move imho as it’s entering a really exciting phase here with a whole host of options to play for and whilst first production is probably 2-3years away I still think it’s intrinsic value will be many multiples of this when the global revolution really starts to take off anytime soon... the pure and simple logic of supply and demand will inevitably make this/ these projects a highly sought after business and as the great sage of Omaha has always said ... that true value will always out itself at some point ... and it will my man so good luck fella Atb

I have to say looking forward what with this latest rumour regarding some concessions being granted to the Chinese in the ongoing trade talks and the growing pressure the shutdown is putting on the Donald may not be such a bad thing as a break thru on the trade front will at least give him some much needed cheer as the situation worsens domestically by the day .. the Asian markets have all gone positive overnight & even though the report has been denied by a White House official it still shows just how big any genuine break thru will be ... when it does happen and the reaction of nickel futures rising almost 1000 dollars in the last couple of weeks on rising optimism as much as anything is a real plus here as it strengthens Jezzas hand with regard to his efforts in raising funds for the construction process ..that’s why looking at those potential numbers in Slubbys posts to rightly assume that a big player must surely be running the rule over this at somepoint very soon as it’s current valuation at 35million ...with 7/8 million of that still in cash don’t forget.. makes it a total no brainer I’d have thought ...I’m not bothered either way tbh as something will happen soon enough but at current price levels this is a total steal imho .....a great day and a great weekend to all

Hzms twitter post but is primarily a follow on from Slubbys posts about the future possibilities but wow we could be seeing this in 12 - 18 mths from now and the numbers Hzm could conjure if it did get to these levels is pretty scary ... scary in a good sense I might add ... 2.3p unbelievable really
https://twitter.com/HorizontePLC/status/1085111327163670529

I did say to the wife only this morning that if aim ran true to form then I wouldn’t be at all surprised to see the shareprice fall before the break thru news of production in February ...altho I am still totally bemused as to why that should be the case or even why anybody would contemplate selling ...at such a key time in the process ...and I still don’t know but each to his own I guess.