Member Info for D220

I am sure this has been stated in articles previously posted on here but this still shocks me:
"Even the raw material cost for making the batteries isn’t coming down – BMW recently told The Telegraph that of all the costs involved in building a single electric car, the battery alone represents 80 per cent of the price and, of that, the raw materials needed (cobalt, nickel, lithium etc) represent 80 per cent of the cost of the battery."
I might currently struggle to buy a new EV, but if my profits from HZM come good as I expect them to, maybe I could!

I am no miner but I would expect that they have been working on a JORC for weeks and will "just" slot the latest drilling results in? So presumably end of Q3 is not an unreasonable expectation?

Looking good to me but I will happily defer to the experts....

I posted a few weekends ago about Newrange Gold. It has become my biggest holding after going from 8c to 28c since March. They are expecting drill results any day and, if they are as good as I hope, I will take a chunk out and drop it in to HZM. Should help in clearing the overhang!
Of course, this might have already lifted off if NRG news is late....but I am still sitting on a very good holding here ayway :-)

If HZM ever trade at 50.8p, I will be doing my bit to spend the UK economy back to life! :-)

Over 1% of shares now traded! At last, VO on the radar. Must be time for JAN to shine soon?

This week Tex? Looks like 40c is in danger today! Ten times avg daily volum already. That is some buying!

And now buying at 34c! Lifting off today! And 6 times avg volume today already :-)

And VO still looking good at 29c up nearly 10%! Not having much impact on JAN so far though....

I guess everyone is fully loaded and waiting for financing news. No trades and no posts today!
It won't stay this quiet for long!

Good spot! Certainly quite a chunky trade. Let's see if we have some upward momentum on Monday!

fpn2 - welcome! You wont get many on here saying "don't go all in" largely because most already are, or something close to it! I have approx 45% of my immediate family's investments in here (at an avg of around 3.8) and am quite happy to sit back and let the good times roll. The downside risks are tiny imo and the upside opportunity substantial. So long as you don't bet your house (which no one in their right mind could condone), you should do well here, particularly if you dont need your invested funds for a year (or pssibly 2).
I never invested in GKP but watched closely. I did invest in Xcite Energy but managed to exit without losing my shirt!
Anyway, good luck with your investment here!

Hopefully out of the 1's for good now!

I would really like to see some progress on moving V forward BEFORE financing for A. If the 2 are to be linked thats fine but I think if they want an MC of £100m to do the equity raise, they are going to have to give the market something definite to enable V to be assigned some value.

f29, as you say. if Tesla are sorting supplies of cobalt, no one can seriously doubt that they are looking to do the same for nickel. It is beyond credibility that they are NOT looking at vermelho in some form or other. IMO etc

So, continuing their work to identify drill targets. The more work they put in before drilling, the better the chances of hitting the jackpot! Lets hope they can do it before running out of cash.

Yes, I guess the skilled workforce must count more than grantsb and incentives to build. Mind you, there will be plenty of skilled professionals soon in the Derby and Chester/N Wales areas when the Rolls Royce and Airbus workforces are laid off. :-(

Thanks for that Luke. Really interesting. I guess Elon must have decided that Brexit is not a problem after all. He had said previously he would not set up in the UK because of it. Surprised he is looking at Bristol though, would have thought he would get more "incentives" to go to Wales or N England....

A bidding war would be very nice!

Well, if they want a MC of £100m before equity raise, they has better do more than a few short videos! Go on, give us a little more on the "inbound interest in Vermelho"!