Member Info for contrarian123

As I have said in my many posts - the 2-4p avg club are coming out in force to discredit me - first and foremost picked whatever with his delusions that because I comment on some shares on LSE these are the only ones I am invested in. I do admit INCE has not been my shining star K3C however making a killing. I have others too CNA with a lovely lowly average, BP bought during deepwater when everyone was selling plus many more.

So don't be so selective mr one trick pony in an AIM share.

Now go back crunch some numbers, tell us all what great investment this is so newbies can pile on in order to aid your exit strategy. I am sure loosing 25% of your what I believe is significant funds in your case in this (all in like casino fools), in the space of a week must hurt.

Brave face, chin up, keep up appearances tell us a story about future riches. I love to hear stories

There should be a little lag @Clued. At the moment everyone is thinking I suspect where to run and hide not where to invest. In terms of share price we have been scraping the support line for a few days. Once sentiment improves this will bounce.

I deal in facts @Monkeyjack and news

This transformative deal for HZM has had a transformational effect to PI's portfolios.
22/11 - Closing price 8.375
23/11 - Transformative deal announced - Deal of the century according to the cheerleaders and esteemed Boiler room head here
02/12 - 6.45p
I make it 23% loss approximately. Nearly a quarter of your capital.

Re-rate is coming lol - Just don't know which way...

@Slurms I am not all bearish. Only to companies that deserve it like HZM.

I have been going on about skin in the game. I still do not see the BoD buying in to the dream. Are they still in a lock out period I wonder?
Here's an example of a well run AIM company where the Executive Vice Chairman and his wife are constantly scooping up shares. They now own 7.6% of the company.
https://www.lse.co.uk/SharePrice.asp?shareprice=K3C&share=K3-Capital-Gro
Very bullish on this one.

This is what gives me confidence. If this is a transformational opportunity as the Boiler room head keeps saying why isn't the BoD invested. Not through options (clue is in the name) out in the open market.

Just keeps on buying - can only mean good news. This is what I like to see skin in the game, unlike some of the AIM cos I am monitoring

There was what I believe it to be a little dragonfly doji yesterday which typically indicates a reversal when it appears at the bottom of a cycle. Not very strong. The more technically minded can inform

If these are not favourable conditions for CMC IG Plus500 etc etc I don't know what is. I have confidence in Cruddas steering the ship. Price is stabilising now

nothing to see here apart from the head of the boiler room shifting through his sucker list

How do you know?
Are you looking at L2 and reading tea leaves?
Latest info here https://shorttracker.co.uk/company/GB00B11DNM70/
Shorts have increased for HZM

@jamesdean
If you think that the only way majors are making money is by bying shares at price x and selling at x+y then you are mistaken. There are so many other ways to extract value. CLNs are one way of achieving this. There are others

@jamesdean Value will out exactly the same mantra being touted by the cheerleaders here for months. The only value that will out will be for the majors not PIs buying now. You could wait to 2028 of course or hope that the nickel bubble does not burst

Yet the share price continues it's slow drip downwards.

I said it many times. Anyone buying in now is helping the exit strategy of the 2-4p shareholders. This is why I believe they are robustly defending figures that may be realised in 2028. When I said uninvestable I meant for the small PI.
Perhaps at 5p I will think about it.

The way things are going we are one bad news message away from it. This has happened before and it happens a lot with miners especially one that has no prior experience in building a mine.

Morning Rover
Unfortunately it is not the bear case it is I am afraid the pragmatic case.
It has been dismissed by the 2-4p average forum cheerleaders because of course they want to protect their investment.

Anyone thinking of investing now should tread carefully. The time has passed. All one would be doing is to help their exit strategy as I am sure they are looking to sell. The prices quoted in the article are for full production to be realised with the bulk of the value in 2028.

I concur with the author that the share price will be stagnant for many many months now. Uninvestable in my opinion.

I said in previous posts I may consider 5.8-6p but I think even 5p is not such a remote possibility. All it takes is one piece of bad news.
First cases of Omicron have hit Brazil who knows it may get worse it may prove to be nothing. Take your chances.
Construction has still not started as everything has to be signed-off. If Omicron takes hold who knows how it may affect construction.
Lots to go wrong here.

Hello dreamers and realists - Expert analysis below - Health warning some may say
https://masterinvestor.co.uk/commodities/looking-ahead-at-horizonte-minerals/?mc_cid=e3d4e4ed2f&mc_eid=3347224638

By my reckoning 10p is about as far as this can go if it gets built without serious glitches or further lockdowns.
If the nickel bubble does not burst then perhaps as the article says 15p
The dreamers might envisage 26K per tonne. OK maybe - Jam tomorrow as they say
When you may ask 2028

Keep hodling - I am so glad to have sold.
Small extract below

? This means the true ‘adjusted’ PV at start of production in 2025 will be $740m-$68m+$443m-$460m = $655m

? Per the 4,670m shares then in issue, that equals 10.5p per share.

? If stage two is added from production year four, the combined life-of-mine NPV becomes $1,179m and, per share, will be 18.9p

? However, this NPV totals the whole 29 year life and is not a logical price to pay

? A more appropriate figure will be the net cash flow, which with stage two at $16.800/t will total $4,033m over 29 years – ie £1.05m pa – or 2.2p per share per annum.

On the contrary - He Owes us one. A legal firm getting suspended from AIM because they want to buy their own NOMAD - even I not a lawyer I would have suspicions of conflict of interest and double check. This leads me to believe that their aim was to stem the potential downfall of the share price once they announced an acquisition using shares something they said they wouldn't do as they had said they were going to fund via Cash flow.

CT your efforts are admirable but look at the text below which I copied from your post earlier in the week.
If ever there was an award for lawyer speak and subtle caveating this one takes top spot. His words are meaningless if one is looking for re-assurance. I believe, I am able to say, there is no current intention. I believe that this will be honoured. Carefully constructed statement to avoid any possible action.

"I believe that I am able to say that there is no current intention to take the company private and that every effort is being made to ensure that we meet the deadline for the appointment of a new nominated adviser.

I believe that this will be honoured. I will react with Great Vengeance and Fury if not."

Ha ha - Are they that desperate? Or do you have a special relationship?

No I don't blame management about the variant but I have been saying that they were slow to strike a deal. Time usually works against you. Everyone's hope was that they were taking long because they were trying for better terms. The full details are not known but from what we know already it is not the deal of the century exactly.
external factors can hit at any time. All the management had to do was to wrap up a deal fast. Now they have another curved ball or rather the management will do just fine as well as the majors. The PIs not so

Unlucky HZM - New threats of a potent COVID variant. This is what I was saying in previous posts. Mgt have been behind the curve in sorting out a deal and now external factors are not favourable. What if travel restrictions are introduced? Will poorer countries be able to cope? Can construction commence after sign-offs?Is this new risk priced in? Yes there is contingency in the funding but it is not free and most retail PI's don't look that far.

I understand Picked expecting double digits by now and being faced with 6.7p on the ask is a bit hard.

Carry on with your venom and your arrogance.