Member Info for Early_Bird

short term traders trading on current #Nickel price is rather silly given production here is 2020... and its your majors (Glencore / Vale etc) that will buy assets (such as #HZMs) now based on their forward forecasts:

"Smart traders like Glencore who are in touch with the reality of physically trading and delivering commodities can see this disconnect more than anyone, and is in close touch with the reality of physical supply vs demand."

https://www.proactiveinvestors.co.uk/columns/sp-angel/30222/todays-market-view-glencore-highlights-major-deficit-in-nickel-30222.html?fbclid=IwAR2kP_YMxKXVsKw9OVX3SBzuV4qjl6Ig1oFezxon2s-xdYBZ8mH0pjpHriA

ombard have been pinning the book here for 4-5months.

They look to have finally stopped given huge volumes recently.

FS released was actually very good but the lemmings all pile out because lack of response on the day

This could be one of the best opportunities out there

EV here of £25m with two advanced tier one Nickel projects. Glencore hold 5.2%.. theyre v bullish on Nickel price

How gutted would you be to have bailed at 2.3p for this to suspend and takeover offer to come in.

Doesnt bare thinking about!

Glencore etc wont buy based on current spot Nickel price, esp if production is due to commence 2020! theyll acquire on the cheap and on their internally forecasted forward price (as we know Glencore v bullish on Nickel)

Really think HZM is ripe for the picking

https://www.*************.com/views/39170/i-remain-confident-in-horizonte-minerals-following-the-feasibility-study

" remain confident in Horizonte Minerals following the feasibility study "

investor gathering and preso on 22nd Nov in London where new management will outline their new direction / strategy for SOLO.

£13m cap, with no debt, £7.5m in cash & immediately liquid assets

Plus:

25% of Ruvuma multi TCF gas discovery (#AEX farming out 50% for $40m gives immediate value read across. C-1 drill Q4E/Q1/19)

30% IoW (previous discovery to be drilled H1 2019)

£2.8m in pre IPO Helium-1 (To list H1 2019)

8% KwN (To be re perforated Q4 2018 and put back in to production)

Essentially this is ludicrously oversold from 4p since last week on positive news!

Once Lombard are out I see this back to previous levels for starters.

GLA

its been Lombard aggressively selling now imo thats pulling the price down and lots just been stopped out or gone in to panic mode and bailed through lack of understanding why its dropping. Todays news should reassure the market here, I see almighty bounce when Lombards weight on SP has finally been cleared.

Todays RNS very encouraging financing through offtakes and banks rather than SH dilution...

Ludicrous sell off.

Fully funded till the end of 2019, two advanced tier one Nickel assets.

Araguauya is in the bottom quartile globally in terms of costs.

Interims due mid Nov, directors cant buy until then.

good post.

Added more today

Interesting developments today

C1 cost estimate is lower than I was expecting which is very nice.

Next stages are offtakes/financing and mine construction.

Everything looking very good indeed.

Webinar at 10am today.

Haha well said!

Hope to meet many of you guys as well as new management at this event on the 22nd.

No doubt the keyboard warriors will be nowhere to be seen

I take no notice of them.

Having trolls or negative emotional posters littering a BB is common place in turnaround stocks where they are too blinded by emotion having lost lots of money through their own decision to invest that they cant see the wood from the trees.

It confirms that sentiment is the only reason the SP here is so low now as the fundamentals to any objective person are absolutely stonking here at £13m cap.

Theyll all disappear in due course, ... that or theyll buy back in at 5p and start ramping.

Those that make money are the ones that spot value, those that lose money buy in on pure sentiment and hype.

Ill buy the cheap fundamentals here all day long and wait for the market to realize value.

was valued over £50m cap on NT2 success back 18-20 months or so ago

same assets now, much more cash, no debt and new management and now has £13mcap valuation

Reasons for price decline:

a - death spiral funding - now fully removed

b - delay in next phase of development - AEX now has farmed out to Zubairs for $40m and production development plan now in place with drill due Q4E so wheels back in motion

So thats the value gap to close back up... purely on sentiment reversal fundamentals here support £50mcap.

Keep buying those dips folks :-)

Take off cash and liquid assets leaves £3m valuation given for 25% Ruvuma & 30% IoW.

Contingent (discovered) resources of 35mmbol net to SOLO valued at £3m. You wont find cheaper vauation than this on AIM...

Far too cheap down here. More than fully funded for the C-1 Appraisal due Q4E.

https://twitter.com/HorizontePLC/status/1055774419648417792

Drinks & Invetor gathering / preso 22nd November outlining their new strategy/objectives.

Hope to see some of you there! Going to be a very exciting time for shareholders.

https://twitter.com/silolondon/status/1053232149845950465

They tick it up yet its still over ask to buy..

what is their agenda i wonder

NT to buy all morning and you can sell buckets

Time these antics were investigated.