focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Similarly all mine are in my SIPP, tax man will get a share though as I monetise through retirement.
No major concerns holding 28m as I learnt to live with the volatility over the 7years I have held and seen the risk steadily reduce over time. Worst case scenario for me is a fire sale of assets, that would get at least a couple of multiples of today’s value I would think. That being the case the investment is reasonably safe.
However my main aim has always been to hold here until 2023 then see what’s what then, always watching developments of course. Dividends here are the golden goose, it’s a cash machine I’ve the future once Araguaia starts production.
Wasa. My highest was 5.19p which was my first purchase in September 2014. Been lucky enough to average down from there and bought plenty at 1.5p.
We should be in for a nice value add over the coming years.
You’ve nearly caught me Wasa@26m. Between us is almost 4%. Hopefully fortune favours the brave.
Loving your conviction.
No firm plan for me Wasa. Watch and see what happens as things develop, 2021 should be a momentous year for HZM.
I am aiming at retirement Oct 2023 at 55 so that my only firm target, HZM is the vehicle for that as we chatted about a while back. At some point I will monetise for some retirement tax free cash, otherwise I am holding firm If nickel goes stellar like it should, watch HZM go. GLA.
Production and dividends is where the big money is, if we get that far without a buy out we will all do very well indeed. 28m x 2p divies would do nicely.
Yes it going to be interesting to see how it pans out. Like I say it’s a worst case scenario in my base case.
I don’t look on it as dilution Wasa but more a case of money for constructing an asset that goes onto the balance sheet. It’s not like it’s for speculative drilling etc which is pure dilution.
My own base case assumption is that the balance from the debt piece will all be equity. And that all the bits and pieces around supply chain finance, Brazilian banks etc etc will be part of the 65% debt piece. It’s the worst case scenario for the equity and I base my assumptions and calculations on that. Could be wrong of course. I also hope that existing shareholders are invited into the equity piece.
We will just have to wait and see though, hopefully not too much longer.
Any takers for a piece of fun, we got to this point a little while back and then finance completion was delayed, with H1 ticking away its time to revisit.. Last update allowed is for this 26th Feb, you can of course amend your entry at any time up to then.
If you wish to join in can you PLEASE, PLEASE, PLEASE
1/ Copy and paste this entire post to keep the guidelines alive
2/ Update your equity issue price forecast in pence, then add your estimate of the total to be raised in USD
3/ When you have done that position your choice where it belongs in the list based on equity price
4/ Post the message
That way, we have a chance at a low maintenance running forecast from anyone that is interested, its just a bit of fun.
I have made a start.....but may amend as we move through the month
600Thieves 19.5p
Flavourshaker 15.0p
Brisk 14.0p
Theaeo 13.0p
Rover62 13.0p
VauxhallViva 12.5p
djryan777 12.0p
Ericb 11.0p
Nthoftheriver 10.5p
ilfc4life 10.0p
Nagyielad1 9.9p
WillieB. 9.8p
SeanT1967 8.5p
craigieboy1 Equity price 8.5p -total raised USD $80M
wasarunner 7p
Nice one Wasa, that`s conviction buying in action.
We must be nearly matched on holidng`s now
Yes, ditto that Wasa very interested in the feedback on the Teck holding. Reducing holding would be a bit of a surprise if that’s the case but then again maybe not if they are trying to hold the SP appreciation in the short term.
600, I think we will look back in the years ahead and laugh at 10p, maybe even in as little as 2 to 3 years. The way the stars are aligning and using basic valuations on likely profit from Araguaia line 1 then line 2 followed by Vermelho , all subject to line 1 finance of course.
100% for me. Riding that HZM rollercoaster man! I will likely trim a little (but not sure of that) at some point north of 15p though as my average is under 3p
Nice to see Cantor initiating coverage with such positive comments and a healthy SP valuation, anyone have the full note rather than the summary?
Things look to be coming together nicely
Hi all, personally I am in for the long haul, riding the highs and lows but holding for the long term returns. I don’t trade, I invest on fundamentals and wait. Hopefully that pays off. So far so good after 7years in this stock, building to a 2% stake. The volatility is alarming but I have become accustomed to it now.
Take it back to fundamentals
Nickel demand tick, asset quality tick, management team tick, major investors tick... etc etc. We are very well positioned, if we stay independent it’s a cash machine and Araguaia is the gateway to it all.
GLAH.
Hi all and happy new year, let’s hope 2021 is the counter punch COVID year.
Just thinking on what lies ahead for the SP in 2021? My answer to myself is that I just don’t know.
But what I do know is this HZM team never disappoint, some time slippage yes but never failing to produce quality outcomes. So I believe our time will come for the major rewards, it’s only a matter of when.
We have the assets, we have the permits, we have the team and key supporters to drive it all forward. Don’t forget that Araguaia is the gateway to the rest of the value, which is bigger than Araguaia by multiples so the priority is to get the first deal done but it’s not the biggest value item, but when Araguaia is financed then the gloves can come off.
Strap in, hold on be patient and be rewarded in time, I have held and built since 2013 with a view to the main returns of producing assets, traders come and go as we know but true value is never ignored given time.
Still holding my lot by the way just in case anyone wishes to know. GLAH
Happy 2021 from Ozz.
Have a great Christmas all holders, with a prevailing wind Santa will bring us a big Q1 win.
All the best. C.
It’s a distinct possibility that a 3rd asset is named for development at some time in the future given the size and scope of the region. I don’t think we fully know what they have in the ground yet, having continually added to the resource there could be another value add further down the road. A bit like Serra do tapa which came on the scene unexpectedly.
Ditto that.
Don’t forget the potential for dividends, share price is an obvious value aspect but dividends of
1-2p/share could be achievable in a relatively short time once initial gateway debt is repaid. I say gateway debt as it’s the door opener to the full asset base. Once in production the gloves come off and full access to regular funding will be in play, opening the door to cash flow to investors.
If people are holding millions of shares, the multiplying effect is quite something.
https://www.mining.com/featured-article/ranked-top-10-capital-raisings-mine-developers/
Wasa, from your earlier posts, yes ave price just over 2.5p, building stake from 2013 with most volume purchased at 1.4-1.5p range through 2014/15/16, total holding remains @28m. Its a make or break early retirement plan- simple as that really! I seriously hope fortune favours the brave, right now its a case of so far so good for HZM and the future prospects are more compelling than ever. GLA
Highest spot price for over a year. It would be good to see Nickel consolidate and sit around the the $7.20/lb, that positions HZM nicely in a very sweet spot while financing completes. WE dont need a higher price creating a scramble for cash to restart high cost of production/depleted mines.
Reading the COVID updates from around the world, I am now factoring in end of Q1 for finance completion, we saw a delay before with the initial lock downs and I`m therefor expecting another minor delay. Considering JM commentary on news flowing on finance completion rather than the individual pieces as they complete and X-Mas just ahead, then late Q1 2021 now gets my vote.