Member Info for contrarian123

Bid at 1.28

Released just in time to supply the copium needs for the PI's

Low cost producer JM says - Let's see with these yields in play and further finance needed

100% owned - By who? The corporates that JM is working for...

A scalable production profile - Yes but at what financing cost and how much further will need to be raised? (coming soon in my view)

A key component in electric vehicle battery components - Yes it is but since consumers are switching off EV's as they are too expensive and infrastructure is pathetic coupled with government now delaying their net zero aspirations maybe not so key in the medium term

A low carbon product produced ethically - Honestly who cares apart from the eco zealots, when people can't even put food on the table? ESG will unravel since it is only lip service to a generation that realises that ESG is good as long as you can provide yourself the basics once you start not affording these then ESG nonsense goes out of the window

The rest is all about feel good about the community which means more expenses. Try and compete with Indonesia and other parts of the world. Sounds harsh but that is the reality

UK consumers will be able to buy ICE vehicles until 2035 and be able to trade them in the 2nd hand market after that.

Rampers (damn autocorrect)

Apologies for not towing the line of the dampers here desperate for an exit.

A few years ago oil was $150 - keep dreaming

OK then just keep holding HZM until demand starts picking up on Nickel and sentiment changes. Not many care about ESG clean energy in the face of high inflation, and services costs. The fud is unravelling and fast. Where does that leave HZM with an unfinished mine that in most likelihood will require further de-risking by raising finance in my view? I have a guess

This has nothing to do with government but economics. All governments need to be elected and be popular. They will choose the path of least resistance. Labour will not do a u-turn on this. If anything it gives them a convenient excuse to blame it on a previous gov. A ban that will be reversed will not be reversed again. I said in the past that faced with inflation and cost of living being sky high, these pie in the sky policies will go. A year later after I said it it is happening. Watch for more unraveling of net zero madness

"Suella Braverman says the government will put the economy before the environment as Rishi Sunak moves to delay 2030 petrol car ban despite industry anger at 'confusing' change"

"The Prime Minister is poised to push back the deadline from 2030 to 2035 amid economic hardship for families. He is also expected to slow the phasing-out of gas boilers in homes in order to cut costs for consumers."

"What Rishi's green U-turn means for YOU: Drivers can still buy new petrol and diesel cars and homeowners don't need to rush to gas boiler upgrades - but eco rollback sparks fury from businesses who have sunk billions into electric vehicle technology"

I told you all this in my posts back in September last year. Governments will push back on the net zero nonsense as people feel the cost of these ridiculous policies.

Where does that leave nickel? Don't look at historical charts. Look and project the future....EV demand to fall after governments see sense.

These two jokers both CEO and CFO are waiting for a payday. For someone to buy them out.

A new level reached on hopium

Just like the rampers here that look for their exit liquidity do. Yes

I was yes since 40p or so. I sold out of CNA recently. Will buy on a decent pullback to the 20

Most miners actually are strong yesterday and day before, unlike HZM.

BRWM motoring on HZM not so much today. I think the market is smelling a rat. No volume surprised it hasn't dumped

I will compare HZM to a popular mining fund from Blackrock called BRWM.

I do this to illustrate to you the folly of the long term investor in AIM stocks, forever waiting for a multi-bagger that never comes.

So here it is. If on the 1st of Jan 2020 you bought HZM and at the same time BRWM, today, including dividends from BRWM you would have made 82% profit on HZM and the same profit on BRWM.

So I ask you this question. Any rational investor spreads risk. Would you buy HZM hoping for riches with the risks that it entails or buy into a fund that can smooth out any underperformance.

This is why for HZM to be worth as an investment lower prices must come. I am confident that they will. The rest about what a good resource is blah blah is all academic. I have demonstrated to you that a fund can do as well and with hugely less risk.

0 I believe lol

From an options exercise. It just gets better

Or was it sellers today....

You must be on of the 6 buyers today -must know something...good job. Also a "Pint of Bear" at 13:15 at Doncaster offers 28/1 odds