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Having read it again rather than a quick scan on my phone its all good in my book positives throughout.
Key high grade staff in place.
Advanced offtakes.
Cornerstone Investor
Additional financing facilities.
This is a huge world leading project being developed and requires vast layers of detail to complete.
All this is being done by the company.
Its all nicely tidied up and improved and now professionally primed and ready to fire.
I love it I am sure the short termers will not but I am not a trader I am an investor.
It certainly is some liquidity, which is somewhat lacking here at the moment but it will arrive with a boom.
I have met and spoken to JM on several occasions since I have been invested and the lack of news is encouraging to me because he has always said value will come out, and he does like suddenly producing something when least expected. Here’s hoping.
Bwana it would be nice for us to get a shout at some equity but pretty much unheard of at this point in the action.
JMs view has always been to reward long term equity holders with a special divi. But that would be a while off yet lets get built first.
Thanks for that link Phillip Clegg could not be clearer without waving a contract at the screen that they are a) Impressed with the BOD and their awareness of what is required to be a success going forward in the mining world today, and b) that they have been working with HZM since the initial £25 Mill to ensure that they Orion are first in the queue for involvement in the next phase and beyond.
Also interesting point made that Covid had not halted deals but had put an estimated 20% timeframe on completing financing deals which would be in line with a possible Q1 announcement rather than a December one. No problem waiting but does not discount a Santa Stocking filler Rns.
I will correct myself, nickel is not a scarce resource but there is not enough available resource currently accessible and from exploration to discovery to financing and extraction is a minimum 10 year process realistically nearer 15 years to arrive at the point Hzm is at currently.
There are so few viable nickel operations in the pipeline that there will be a massive resource shortage In the near future so simple economics come into play ,short supply huge demand even bigger price.
Not just batteries huge applications for nickel. Trains Planes and Automobiles bodywork and working parts , mega trucks small trucks , wind turbines, buildings , the Chrysler building springs to mind for visible stainless steel , bridges , sculpture, knives forks spoons , surgical instruments , Pots pans your kitchen sink and the nuts and bolts that hold everything together. Your world would literally collapse without it.
Luckily enough if you are a shareholder in Hzm you are part owner of one of the largest high grade resources in the world of an Increasingly valuable and scarce metal.
And should anyone wish to share in our good fortune at this stage then it will cost a serious premium to its current value.
I was probably one of those early posters and my optimism never waned. But I was probably under a different moniker. I dont post a huge amount sometimes for months so rather than remember who I am just put a new name in. I was definitely smeogol at one point early on and judging by your posts you were someone other than luke then to but I am going back maybe 6/7 years.
Interesting point re Erris , as you point out not an inkling of the move on Lithium prior to the Rns which as it is driven by both David and Jeremy in the same way they operate HZM. They do not shout from the rooftops about progress ( which can be frustrating) but what they do is deliver and often in the most unexpected way. Personally I like the fact that there is no spin or ramping up the company which makes it fairly unique on Aim. It is a bizarre fact that there are a large number of companies on Aim with no substance just promises with a far higher Market value than Hzm.
Still value will come out here and I suspect in the no to distant future.
Its just what you have to do to feel comfortable particularly when not just the markets but the world is suffering from Covid confusion. If there was a definite end in sight rather than a perceived possibility of an end to it all life would be a lot easier for all of us.
Dj I can only sympathise with you , I had a few pubs but sold out end of 2016 and i am so bloody pleased to be out of it right now. I still know a lot in the game and all of them are as twitchy as hell. Two of the pubs i sold will not make it through to xmas which is a terrible shame apart from everything else I think they will be lost as a country pubs forever.
However as far as HZM are concerned I have no worries and have picked up another and probably my last £80k worth over the last few days.
Only just picked up the runs been busy from early.
It simply means an employee is opting to buy 3mill shares at whatever his option price was. A lot of options are never taken up but in this case the options could be about to expire and the opportunity to buy at a low price would be foolish not to take up. They may simply churn the shares or may hold either way I wish I had a few million options at a low price.
This may have been stated by others but havnt had a chance to check.
I have just looked at my holding which I had thought was at 3.8p and discovered it’s only 3.1p completely forgot a couple of healthy purchases at under 2p. So that made last weeks action even better than I thought.
I sympathise with all those Sirius holders it hit a lot very hard, I was lucky and got out early with a healthy profit. The Capex was just to large for me to feel comfortable with a long term hold. However I do not regard HZM as being in the same place it is all very easily attainable and will come together and be derisked in the fairly short term so I will not be selling anything for some time. But I fully appreciate that once bitten twice shy will apply to many and profit at any level is a hell of a lot better than a loss.
Good luck to all.
Jamesdean as a man who likes to play with figures your 55p would not faze me but it is a bit toppy i have arrived at a ma x of 42p but realistically in the timeframe probably 18-22p would be more likely but depends on news flow.
The disconnect has always baffled me here, particularly when you look at other shares, but the markets tend to be eccentric rather than logical at times. I have always been baffled by the fact that amc was favoured over hzm. Yes it has an amazing resource but it's capex requirements are vast just to put the infrastructure in to enable a mine to operate, and it has always been behind the development curve. However markets are fickle places to be in so never be surprised.
I loved the Sirius story and was invested at 11p got out at 39p. I was linked in to the planning meeting when it was granted only just by the Muppets on the planning committee. But my head ruled my heart and correctly thought the Capex demands were to great. I felt for all the locals who desperately wanted the project and invested. Hzm is a completely different animal but even now still has risks attached.
But within the nickel space which many refer to as the new gold it really is a shining light.
Nagy it's a long learning curve and you/we will never get it all right. Many years ago I was classed as an elite trader which was great when playing with someone else's money very different when it's your own. Never play with money you can't afford to lose it has to be structured not a gamble.
i am an investor so research what I invest in quite intensely. never be afraid to contact the companies directly, genuine operations will always be responsive to your questions.
I genuinely believe this is a well run company that will should it run its course without a takeover become a billion pound market cap operation.
It's expectations are realistic and well managed at every stage.
But it will not ever be a vertical line graph this is an overdue rerating of its share price which may well pause tomorrow for some profit taking. So don't be disappointed when it starts to recede.
There is still a long way to go with this share.