Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In the current markets of the past 18-24 months - no news is as bad as negative news. It shows with all the positives this has going for it, the delay in prospectus is taking us down.
Mark Selby aka Professor Nickel - CEO of Canada Nickel said a few years back that he thought the numbers for him to construct or way off based on your projects of similar size and spec.
Always listen your Professor.
Lawrence, bless your good soul but even if the current HZM BoD means well they're just going to regurgitate the numbers from the BFS of when The Snake and Retter were conning everyone and tell us it's all going to work out great!
I'll personally go with the strong trend and precedent HZM, the BoD, The Snake, and Retter have set - everything they've said is a lie, and they've shafted shareholders over and over again, every time worst than the last.
This stock has a putrid stench of deceit, lies, fraud, embezzlement, and every other damn thing you can think of.
I still cannot believe I got out so lucky, I sold my last tranche on this at exactly £1. I remember it vividly, the Rns landed, I read it over a few times thinking it can't be? The Snake isn't that much of a Snake, he told us a few weeks ago "on time, on budget" and no suddenly no cash? I sold on the bell but the SP stayed stable strangly. I was thinking to myself, did I misread the Rns - why isn't it sinking to oblivion? BOOM 10 mins later, the descent to the marina trench commenced and finished 60% down for the day.
Look at it now, 98.5% down from when I sold, its tempting to buy back in if I wasn't aware of the HZM history of screwing investors over, and over, and over again.
Love not war....
"That’s turnover, what’s the free cash flow? I doubt you can rely on Horizonte’s AISC figure given how badly wrong they got the CAPEX."
Comment of the day, I'll bet my right eyeball, thumb on my left hand, and Lawrence that all the figures are off for HZM when Jeremy Martin aka The Snake and Retter were at the helm.
Does anyone know what caribbean island The Snake and Retter are sipping pina coladas on?
Maybe against my better judgement, I've added 500k over the past 3 weeks. I'll be pausing until we have more clarity on the II and prospectus.
Love, not war.
Billy he Goat, I wouldn't usually speak like this but SHUT IT, stop ramping. This is a lost cause, you were ramping at 20p, and we're at 1p now. You are potentially influencing amateurs to invest in a company which has shafted "investors" several times.
Another shafting bigger than the last....
Where's all the rampers and "I'm averaging down".
Lawrence, where art thou???
Feck happened today.
Bought circa £2400 worth at 4.20p in the morning thinking it's a bargain and I logged in now and see a heap of buys at 4p and 12% down.....
Fully sold today. Expect this to dip much lower.
They are in Kaz, a tier 1 mining jurisdiction, awash wirh metals and possibly one of the last great jurisdictions with massive exploration potential. I was born and raised in Aberdeen. This is pure desperation if they are investing in the UK for exploration.
I've viewing the grades and meters, nothing spectacular at all. Keep in mind mining in uk will be very expensive and will take a decade plus to get a mine into production if all goes perfect! The environmentalists and locals will have court case after court case lined up for them.
Nothing short of stupid, to not invest the money in Kaz/Central asia but Uk.
Telegraph march 20
https://www.telegraph.co.uk/business/2024/03/20/joe-biden-crackdown-us-petrol-cars-electric-vehicles-evs/
"Joe Biden has announced new rules that will see as many as half of all cars sold in America run on electricity by 2030.
The US President on Wednesday moved to adopt strict European-style tailpipe emission rules. The finalised regulations will require manufacturers to drastically cut the amount of carbon dioxide (CO2) emitted from cars and trucks from 2027 through to 2032.
The rules will trigger a seismic shift in the US, a country dominated by cars and one where the price of gas is used as a barometer for household finances.
Battery EVs currently make up less than 8pc of sales, while plug-in hybrids represent just 2pc.
The President last year announced an ambition of electric vehicle (EV) sales reaching 50pc of all purchases by 2030."
My guess is.....POSCO will be our offtake or one of our offtakes.
Billy, what beach do you think Jm and Retter are sipping on Pina Coladas?
The only negotiations happening are the ones behind closed doors that no one is privy to as they discuss how Glencore will take the company for peanuts and the BoD make it seem like they tried. JM the Snake and Retter did the most damage but now it will be Karim who feeds HZMs beautiful assets to the predatory Glencore.
This is the share that just keeps shafting and shafting and shafting you over and over again.
In the words of my dear friend and ramper in chief - THE FUTURE IS BRIGHT......THE FUTURE IS NOW.... FOR GLENCORE.
Smells like another POG to me.
Make it so they can't pay back debts and sell it off through the courts
The legal issues.
"FPM has received notification in Ukraine of a court order issued at the request of the prosecutor in Ukraine to freeze the bank accounts belonging to FPM. This action is linked to the ongoing investigation in Ukraine commenced in November 2022 by the National Police of Ukraine concerning the alleged illegal extraction of minerals ("rubble"), details of which were disclosed in the Group's 2023 Interim Results and 2022 Annual Report."
Clawing our way back to the day light robbery share price of 5p+.
And another one....
https://www.reuters.com/markets/commodities/gm-invest-150-million-canadian-miner-agrees-supply-deal-2024-02-15/
I was wrong again.........
https://www.reuters.com/markets/commodities/australias-syrah-resources-inks-offtake-deal-with-s-koreas-posco-future-m-2024-02-29/
Our time will come very soon folks.....
hopefully not to soon - i'm still building a bigger position in this european gem.
has anyone done any *** pack calculations on dividends expected say after year 1?