Member Info for craigieboy1

Yes, time for a new thread...zzzzz

Interesting to monitor this site info going forward on holdings. scroll right to get to the last date information. Funds and institutions have different tabs.
https://www.morningstar.com/stocks/xlon/hzm/ownership

Indeed stephan, hopefully its not too far away.

Yes, I certainly do remember that.
Its got a kind of ring to it........The man from Horizonte he says yes...

Interesting to note the majority (78m shares) of the long position has a settlement date in March 23. That's a fair sized bet for 11 months, I wonder what the margin call down payment was...

Indeed. That was the deal that got me into HZM. What caught my eye was Glencore dint take cash, they took HZM stock.

Nice average Finlay. Good luck with timelines.

Welcome back Luke. Long time!
That needs to a recalibrated scale these days to the upside!

Well good luck to all new and longer termers.
When we look ahead it’s very clear where the equity will come from for Vermelho and Araguaia line 2.
The future is looking very secure with a tier 1 team sheet, assets and board.

Any long termers around. I am about 9yrs or so. Have actually forgotten my first buy date.

Count me in. Long way to go though. Meantime in the zone.

Looking at the previous holding they only took the 210m odd, the rest of the buying yesterday was not Glencore.
The rumour may have been doing the rounds though after trade went through.

Yup, nice one, very happy with that.

Some resistance around 7.8p area by the look of things, not unexpected I guess being the 10% marker from the equity piece.

Who do you reckon soundbuy?

Indeed, someone very keen which is good to see after our drift for a while after equity raise.
Fair distance to fair value, bring it on….

Well that was an interesting day for sure.
News likely in next day or so to confirm that Teck are out and someone else has taken the stake. I did wonder why they didn't participate in the funding round and though it a bit odd. I imagine they must be focussing on their wholly owned assets with their CAPEX. Lets see what the news says in due course.
Meantime good to see us break out of the 7p marker...... and onwards to where we should be which is a much higher factor of NPV than we are at the moment which is about only 0.3/0.4 and should arguably be double that.

Yes, feeling like the tide has turned. A bit anyway!

mjb - is this of interest.

I think the local weather is very relevant, the wet season ending will the ctalyst to see major groundworks commence and heavy rain through construction is one of the key risks that cant be controlled but only managed, the dryer it is the better. I for one will be checking in on it.

https://www.weather-atlas.com/en/brazil/formoso-do-araguaia-long-term-weather-forecast