Member Info for Hazbeen

300k and 100k sells went through 10 mins earlier
Then
@16:18 flipped from 1v3 to 3v1

Happy days

Time Trade Price Volume Value
16:28:20 6.05 492,150 29.78k

Correlation between share prices and Nickel price has gone out the window

SB
34p.. looks more like bid in sub 6p !
There is little appetite to buy these even at these levels , DO NOT GET IT !

Ok got it

In an auction market, buyers enter competitive bids and sellers submit competitive offers at the same time. The price at which a stock trades represents the highest price that a buyer is willing to pay and the lowest price that a seller is willing to accept.

I get confused what this means
Also 100k on the sell side at 5p

Bwana spotted the big volume there, over 3m above average , and it is higher . Makes you wonder what is being played here today .
News def Monday or in the week

https://money.tmx.com/en/quote/HZM

Was a

Not sure where u live but ****ing down in London on weekend , I keep the caravan if you here

B

Interesting that .. big volume and no movement Keep an eye on that as market still open there
TSX should follow here but let’s see if it doesn’t

I try again

Sir Mick never 'took over' FAR . He founded it with Nick Bridgen .. ROTFLOA

Sir Mick bought FAR . He bought with Nick Bridgen ??

Someone remind the equity part needed , was approx $100m?
I reckon we at least double the current shares in issue , meaning at current price market cap
Will become $200m.
Looking at that it take a few years to be worth 20p.
Sell the assets I say, get a lot more for them .

Other thing is we gave to hear about the credit approval first , this equity part is too early
But could be the strike price has already been agreed in advance
Using VWAP.. think it should be nearer 6.5p

$500 up to $19300

Co needs to come out with a RNS now and not after hours one !!!

A small $25m at 7.5p
Was I right to think that a huge requirement of $200m+ ( cannot remember the equity part required , pls remind me )
can only be lower because if the size of it ?

Big news or shafted ? Think the latter now as the way this has fallen does indeed feel like a leak
PLEASE BE WRONG!
TDT , I am not calm anymore :-)

Do you guys temper how we felt when funding was announced at 7.5p. We were not happy with that strike price at the time .
Then we came around to it when seeing it was being used to expedite the pre construction and save time time on this part of the project .I recall a few saying that should be the new floor price, well here we are . I think PIs will not be happy a price lower than 7.5p.
The question for is do the BoD or the bigger institutions care about the extra potential share dilution if the project is delivered to production?... , the rewards will be huge anyway.

I always thought placing were priced according to stage of project , is the money for survival or investment and the risks that may still exist. I think this has been derisked as much as possible now and the funding should be aligned with that

Wasa

You know greed is a sin :-)

TDT
Glad you are calm . You right of course we should be
We are either getting shafted on funding or big news is coming !

Wasa
Listening to JM last few years and in particularly recently ,
Whether it us an off take or debt / dilution funding , HZM board should be negotiating from
A position of huge strength. Let’s not forget the cash in the bank as well .
Frankly no excuses to be being ripped over with regards to any strike price below
7.5p and low ball off take agreement all offer .
If you cannot get the best deal in this climate , then never can and BoD would have failed long shareholders

I really do not like this drop selling pulling the price back , it smells of previous dilution . I hope I am terribly wrong this time

Https://www.nsenergybusiness.com/features/commodities-supercycle-energy-transition/# EXTRACT Required increase in metals supply presents challenges for producers and consumers Wood Mackenzie’s report shows the forces that are shaping up to drive this boom are unique. But even for those commodities stepping into the limelight, it said decarbonisation creates as many risks as it does opportunities. Under the energy researcher’s proprietary Accelerated Energy Transition-2 (AET-2) scenario, which is consistent with limiting the rise in global temperatures since pre-industrial times to 2C, 360 million tonnes (Mt) of aluminium, 90 Mt of copper, and 30 Mt of nickel will feed the energy transition over the next 20 years. The report notes that this level of additional metal presents obvious challenges for producers and consumers alike. “As with all commodities, the metals that are key to the transition will have to bring on replacement capacity to replace existing mines as they deplete and close,� said Morris. “Under our base case, which is broadly consistent with a 2.8-3˚C global warming view, this requirement is manageable. However, under our AET-2 scenario, the new annual installed capacity required becomes eye-watering. “By 2030, cobalt producers would need to have built 167% more supply than we currently have in our forecast, while copper would need to find 85% more mine supply than in our base-case forecasts. This will present a huge challenge for the sector.�