Member Info for Hazbeen

Fuzz,

If it gapped up from 4.6 to 5.5p next morning on the RNS , then that gap may need to be filled at some point ?

Could this be even higher price or Or a lower equity raise than we all expected ..

This would be fantastic

come on!

Mick Davies - i know about FAR, share price boomed from 10p to 40p and settled mid 30s now.
Has taken decent chuck of FAR at a discount. But it was in trouble with raising cash and an inept Director who could deliver
Had been underpriced because of this.

Will have to pay a premium here

https://www.reuters.com/article/metals-nickel-ahome/rpt-column-shanghai-squeeze-revitalises-flagging-nickel-market-andy-home-idUSL1N2QB1AB?rpc=401&

Longiish read

Just an Excerpt

The fastest-growing imports, however, were those of nickel sulphate, which surged to 23,500 tonnes from just 2,700 tonnes in January-July 2020.

BULL SURPRISE
Nickel sulphate is used for battery manufacturing and if you were looking for evidence that electric vehicle battery demand is starting to gain physical traction in the nickel market, China’s mushrooming imports are a good starting point.

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The combination of this new demand driver with strength in the stainless steel sector, the metal’s traditional price driver, is why nickel is back punching out fresh multi-year highs.

Nickel’s resurgence seems to have blind-sided investors, many of whom left the market after Tsingshan’s disruptive announcement about a potential new processing route for battery-grade nickel.

But then, as Goldman Sachs points out, “the nickel market has seen the most significant tightening increment relative to initial expectations across all the industrial metals.” (“Metals Watch”, Aug. 30 2021)

The investment bank projected a 48,000-tonne global supply surplus for 2021 at the start of the year. It now forecasts a 72,000-tonne deficit thanks mostly to expanded demand expectations.

There is still plenty of uncertainty surrounding the Indonesian part of the supply picture. The country is both ramping up production and, with Tsingshan leading, trying to pivot from nickel-stainless to nickel-battery processing.

The market, however, has become overly fixated on this alchemical Rubik’s Cube of Indonesian nickel supply and forgotten about demand, particularly that from the stainless steel sector.

The nickel price, currently trading at $20,100 per tonne is a timely reminder.

I am more excited about a bid coming at some point, if that is realistic with the holding structure

Whether the Co accepts it, is another matter, but the prospect of one is very exciting..multiples of price

https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/

this spike has to come yet when IIs come onboard

.

after the sells today ....buyers are in the background
It says it all , another one of plenty of reasons to feel optimistic

2v4

.

I do not see much inrease in the share price just yet.
Need to see the pilot plant double production which will guarantee profits.
Obviously potential by product of Lithium is very good news, but this over a year away as drilling and tests ongoing.

Certainly one to tuck away

3 tick ups on both sides this morning
4v2

Buy above asking price

16:22:51 7.60 419,272

I believe news is very very close now - we have a had a buyer last couple of weeks mopping up all the sells.
Just hope it is someone in the know

WASA,
All about valuation of asset to NPV etc not share price.
ACP is now catching to that after derisked due to ML

what is going on here..omg RNS

nice turnaround

sell below bid..

1 v 1

JD
A date pick out of the sky ?
Until credit approval is confirmed , I am not expecting any new
I am just hoping that when the Co decides to announce credit approval , they already have the RNS ready for the funding
And both pieces of news come out together

Anyone noticed only PEEL. On bid at 7.4p
Next two MMs on 7.1p

Thanks TDT