Member Info for Hazbeen

Bubba what do you make of the results

I guess just divide it all approx by 100

If I read it right , Isn’t the EPS increase a good guide to improved performance

Bubba

Filing said “ to CONSIDER financial statements for the period ended December 2023.” not release of results

Https://www.bseindia.com/stock-share-price/opg-power-generation-pvt-ltd/1075opgpl26/975032/corp-announcements/

Nothing yet but just filing said this

OPG POWER GENERATION PRIVATE LIMITED has informed BSE about Board Meeting to be held on 14 Feb 2024 to consider financial statements for the period ended December 2023. Financial results.

Hi TDT

Well rebalance of supply and demand dies not happen overnight , so maybe if HZM

Gets its funding and finances in order , starting production might be best thing

Because you certainly want to offset this additional Capex by producing at higher Nickel Prices

I.e $20k +

I think China’s recent low growth economy has not helped commodities either

Strow,

https://www.reuters.com/markets/commodities/china-indonesia-face-deeper-output-cuts-tackle-nickel-price-slide-2024-02-12/

good article that. Now what is timeline for Nickel to rebalance...one year?

Correction

not supply deficit, i mean surplus

Https://www.mining.com/web/from-green-hype-to-bailouts-the-nickel-industry-has-imploded/

So it will take time for this supply deficit to work through so Nickel prices can rise higher again.

So we saying because of higher inflation costs and current Nickel prices that these mines are closing.

If we had a supply/demand issue Nickel would have been higher, it looks like we are oversupplied anyway?

So we need these closures to rebalance Nickel supply/demand

I sold out this morning,

Following the seller in play.

GLA

Strow,

legends that were in my opinion David Hall and Jeremy Martin.

If these guys were indeed legends, then they would not have been shown the door.

Question is why does the seller want out now ?

Who is this large seller ?

Davy

I have bought in a trade , and see how it goes to se if I hold

This has fallen last couple of weeks , so frankly buying means diddly squat because we had buyers high too

The point you failed to mention is there is a big seller ,

L2 stuck at 1v1 even with the buying

It seems MM closed the bid/ask to attract buyers

Well I bought 50k after the drop

Worth a trade I hope at these levels , see what update brings

Strow,

Thirdly you have to ask yourself could Vermelho be economically viable at $16k per tonne as a long term price and if you answer that question then there you have it

For battery grade Nickel , no ,but for stainless steel , probably but it is who will be willing to fork multi millions for this build after the Aragauia , it is so much more than just Nickel prices

I guess also is do you expect long long term nickel price to be above $16k eventually

I say yes to that too

I know this project is a long way away but what do ppl think about this now

I really think it will not be economically viable for HPAL now, the landscape has changed especially with thefinancial challenges facing A1/A2 to become a producer asset.

TDT,

what do u think?

Unrelated to Aragauia as stainless Steel

The EV bubble is bursting if you ask me.

Trump’s plan to roll back EVs if he gets in power. Only China will push on with it in earnest.

I think the ROW it will be a timid effort and will be prolonged out.

I think EV is just a stop gap to hydrogen which is still years away

The problem there has been huge investment in EVs backed and mandated by governments

But what is the incentive for ppl to buy them

Davey

Yawn … how many times are you going to repeat these examples

We all get it , move on !

"So their IP, contracts, recurring revenue and annual fees are worth nothing basically."

Worth little of all this brings is a loss making company, making no positive cashflow and eats into cash resources left.

It is only worth something if you can a profit from it.

Their costs are too high and margins may come under more pressure now,

Some of their competitors are not having the same problem..look at TRIAD

Dave

You are a hypocrite Reading your conversations with Parob on the MTEC thread

And you have the nerve to filter ppl with your behaviour

Do not try to justify it .

OPG - Also I see you are singing the same tunes to the lack of buybacks now

Bubba and myself said this many weeks ago

Something not adding up here still , maybe it will change on next RNS

Not a positive forward outlook .

Warning of that election will impact contracts this year .

Expect thing to improve year after though

However it’s competitors are doing ok , reading whatever into that

Staying out