Member Info for Early_Bird

We have big news coming with Vermelho PFS and Financing news. Yday sudden reversal could be the seller stopping, could be a new ii buyer, could be a combination of both these things... or someone got a whiff of something.

14p broker target, Nickel flying, big news on the way... as ive been saying this will get chased hard soon.

https://www.youtube.com/watch?v=s-hfiNYbkn0

its a crazy large resource, high grade and proven up with Mcap of £40m here or less than that if you take off cash..

its an "in the ground" figure often used to show the sheer size of resource. Quote from last RNS

"· The Company's 100% owned Measured and Indicated Mineral Resources now total 280 million tonnes with 3.5 million tonnes (7.6 billion Ibs) of contained nickel and 155 thousand tonnes (3.4 million Ibs) of contained cobalt; and

· Horizonte now owns one of the world's largest inventory of undeveloped nickel and cobalt Resources globally, in a mining district with well-developed infrastructure."

3.5million tonnes contained Nickel = 3,500,000 x $16,0000 = $56,000,000,000
155thousand tonnes contained Cobalt = 155,000 x $33,000 = $4,650,000,000

Total = $56,000,000,000 + $4,650,000,000 = $60,650,000,000

HZM investor call March 2019 "we have the equivalent of three Onca Pumas bought buy #VALE in our portfolio"

(and this was before HZM bolted on another 30% to their Inventory!)

https://www.youtube.com/watch?v=G84W1FwygH8

No coincidence Horizonte are building a whole Nickel district in Brazil IMO... theyre making the full package attractive to a super major.

HZM now has over $60billion in the ground value of high grade Nickel & Cobalt following todays 30% increase
Making HZM one of the worlds largest inventory of undeveloped Nickel & Cobalt resources globally in a mining district with well-developed infrastructure.

Onca Puma near identical mine to Araguaia in Brazil sold for $850m immediately after feasibility study delivered in 2005 at similar nickel prices. Glecore like Nickel and they are a significant holder here....

happens all the time in resource space, Majors sell their assets on cheap to minnows at the end of the bull run / bottom of cycle. Minnow (HZM in this case) then spends years in the bear cycle proving the resource up, develops and sells back to Major at start of next bull run. Rinse repeat...

Well guess what, we are just starting to enter the next Nickel bull cycle...

You can lead a horse to water and all that...

no telling when this will go orbital but id say that time is getting very very close

Im liking this..somethings going on here

Summer share of 2019? ;)

hot money is the bane of my life in these markets, it will buy on a whim then 2mins later sell on the first slight wobble in to 0 liquidity at huge discounts... panic buy, panic sell...

Funny

someone mugging themselves off bigtime in to the low liquidity

hoever just sold below bid going to feel rather stupid(!).

$10k BTC price, less than $2k cost to mine per BTC.

500BTC to be mined per month by YE which is $4m gross profit *per month*.

Fully cashed up and £24m map, no debt.

Only a matter of time, the higher trading range feeling close now

Will re equalise back to 3p+ in the coming days/weeks and I'm confident the company will have some nice news v soon to propel this back now Woodford is out.

Hold for gold ;)

good to see wider market starting to cotton on to this opportunity. Ive been buying 6.9-8.2p range for past few weeks and I think soon it breaks much higher. Far too cheap given cash generation even if you use conservative forward metrics

Huge news. Well done all

Price disconnect will close over the coming weeks once Woodford is out. 4p prior to them selling, 1.6p now. 65% of company has changed hands today.

For those that like to buy value at discount & hold until fair value becomes realised. Good read:

https://cube.investments/itaconix-world-class-tech-and-partnerships-itx/

250k there at 2.58p now... very odd. I get the feeling somethings going on

MMS are screwed by looks of it, caught short?

until 2.7p+

looks like we have a buyer

if Woodford is indeed out then back to 3-4p this goes over the coming weeks

Hugely oversold, great little company

everywhere at the moment,

drop "tad" overdone. current bitcion prices will be throwing off $3.75m profit per month by year end ??

£20m Cap
£7m in cash
No debt

Profit takers taking their pound of flesh atm - will they regret it? ;)

Vermleho PFS and Project Financing/offtakes due imminently, I wonder if JM has another nice surprise