Member Info for Hedgehog100

Jono,

You're being ridiculous.

Proactive Investors is a very reputable and well-established investment website, so it's a nonsense to suggest that article was faked.
https://www.proactiveinvestors.co.uk/companies/news/975027/disruption-to-nickel-supplies-likely-as-russia-is-world-s-third-largest-producer-975027.html

You have just proven my point about your posting silly nonsense.

Believe it or not, there are rules and laws against that, and indeed things have been strengthened recently, so you CAN be held to account.

Now, back to the very bullish outlook for nickel plays like URU.

HZM (Horizonte Minerals) is now rising today, as investors wake up to the implications of the Ukraine war for the nickel price.

Thanksto Picked Peck on the LSE HZM board for this useful new post:

pickedpeck Posts: 1,171 Price: 6.20 Strong Buy
RE: Nickel price Today 10:23
"FTC - Norilsk likely going very offline has changed the landscape. There may well be a scramble for Nickel assets. Every mine is always for sale, just a question of price. If the investors can achieve their exit price or higher two years or more early then of course they will take it. The investors are mine financiers not miners. All of their investments have planned exits and price tags."
ReplyRecommendReport Post

https://www.lse.co.uk/ShareChat.asp?ShareTicker=HZM&share=Horizonte-Min

HZM (Horizonte Minerals) is now rising today, as investors wake up to the implications of the Ukraine war for the nickel price.

Thanksto Picked Peck on the LSE HZM board for this useful new post:

pickedpeck Posts: 1,171 Price: 6.20 Strong Buy
RE: Nickel price Today 10:23
"FTC - Norilsk likely going very offline has changed the landscape. There may well be a scramble for Nickel assets. Every mine is always for sale, just a question of price. If the investors can achieve their exit price or higher two years or more early then of course they will take it. The investors are mine financiers not miners. All of their investments have planned exits and price tags."
ReplyRecommendReport Post
https://www.lse.co.uk/ShareChat.asp?ShareTicker=HZM&share=Horizonte-Min

In addition, I suggest that you stop posting your silly, market abuse nonsense, or I will be reporting you to LSE, who are very strict.

And that's just for starters, because I think that the FCA (Financial Conduct Authority) may also be interested.

Jono,

You said that drilling hadn't taken place, and challenged me to prove that it has.

So I provided that proof.

At that point, anyone of any class who had posted false information, as you had done, would then have apologised and retracted.

You have done neither, which clearly shows to all readers your complete lack of credibility.

"heading for op"

Well, you're sounding pretty desperate yourself, LOL!

In summary, you are a dishonest, market abuse troll!

"Disruption to nickel supplies likely, as Russia is world’s third largest producer

Russia is a major player in the production of base and precious metals

Alastair Ford
13:21 Thu 24 Feb 2022

Russia was the world’s third largest nickel producer in 2020, the last year for which data has been compiled.

During 2020, it produced 270,000 metric tonnes, or roughly one tenth of total global production.

Indonesia and the Philippines filled the number one and two slots respectively, with Indonesia far out ahead at 800,000 tonnes of annual production.

It remains to be seen how far Russian supplies into the market will be restricted by the latest developments in the Ukraine, but the nickel price was already at a ten year high ahead of the latest moves of Russian troops into the Ukraine.

Disruption to supply is to be expected, at the same time as demand continues strong global infrastructure projects and electric vehicle batteries.

Companies with nickel assets outside of the immediate areas of conflict, like VALE, BHP Group Limited (LSE:BHP) and Horizonte Minerals might be expected to benefit, although the immediate market sell-off on the latest Russian moves caught all the miners up in it too.

Russia is also the world’s second largest producer of gold, after China, and the second largest producer of platinum, after South Africa."

https://www.proactiveinvestors.co.uk/companies/news/975027/disruption-to-nickel-supplies-likely-as-russia-is-world-s-third-largest-producer-975027.html

"Disruption to nickel supplies likely, as Russia is world’s third largest producer

Russia is a major player in the production of base and precious metals

Alastair Ford
13:21 Thu 24 Feb 2022

Russia was the world’s third largest nickel producer in 2020, the last year for which data has been compiled.

During 2020, it produced 270,000 metric tonnes, or roughly one tenth of total global production.

Indonesia and the Philippines filled the number one and two slots respectively, with Indonesia far out ahead at 800,000 tonnes of annual production.

It remains to be seen how far Russian supplies into the market will be restricted by the latest developments in the Ukraine, but the nickel price was already at a ten year high ahead of the latest moves of Russian troops into the Ukraine.

Disruption to supply is to be expected, at the same time as demand continues strong global infrastructure projects and electric vehicle batteries.

Companies with nickel assets outside of the immediate areas of conflict, like VALE, BHP Group Limited (LSE:BHP) and Horizonte Minerals might be expected to benefit, although the immediate market sell-off on the latest Russian moves caught all the miners up in it too.

Russia is also the world’s second largest producer of gold, after China, and the second largest producer of platinum, after South Africa."

https://www.proactiveinvestors.co.uk/companies/news/975027/disruption-to-nickel-supplies-likely-as-russia-is-world-s-third-largest-producer-975027.html

"Zeb Nickel is advancing South African nickel sulfide deposit as globe goes green

Zeb Nickel, which went public in August, 2021, wants to supply the ballooning EV industry with raw material to make battery cathodes and is sitting on a high-grade nickel sulfide deposit in mining-friendly South Africa

Giles Gwinnett
12:00 Wed 01 Dec 2021

... But in 2017, the project was transferred to URU Metals (now a majority shareholder in Zeb with nearly a 75% stake), which revived the story and carried out extensive exploration. Zeb was born as a result of the desire to publicly list the project and raise capital to advance it. URU sold it to shell company Blue Rhino Capital Corp, which Zeb reversed into. Concurrently, around $3 million was raised to start drilling.

And Zeb has already completed around 2,500 metres (m) of a 3,600m first phase drill program, which kicked off in September 2021, targeting higher grade nickel, included in the footwall and part of a historic resource estimate.

Isaacs said the drilling is progressing very well and the company is already seeing good visible results. The campaign is expected to be completed by the end of the year, after which the company will await lab assays, ahead of a potential second phase of work, where deeper, higher grades will be targeted.

"We believe that we have identified some very viable high-grade zones that we have not even touched yet and I think once we get into some of that drilling in our Phase 2, we're going to start seeing some spectacular results," said Isaacs. ...

So the company and its project seem to have re-emerged just at the right time. With plenty of news flow ahead, an undervalued asset, a skilled management and technical team and the backdrop of a green energy revolution, Zeb Nickel could certainly be an interesting company to follow."

https://www.proactiveinvestors.co.uk/companies/news/967794/zeb-nickel-is-advancing-south-african-nickel-sulfide-deposit-as-globe-goes-green-967794.html

"Zeb Nickel is advancing South African nickel sulfide deposit as globe goes green

Zeb Nickel, which went public in August, 2021, wants to supply the ballooning EV industry with raw material to make battery cathodes and is sitting on a high-grade nickel sulfide deposit in mining-friendly South Africa

Giles Gwinnett
12:00 Wed 01 Dec 2021

As the world turns increasingly to electric vehicles (EVs) to get around, demand for the high purity nickel needed to make their rechargeable batteries is only likely to grow.

This type of nickel, known as Class 1, should become much sought after by suppliers and original equipment makers (OEMs) for the EV industry and so too will be the deposits where it is found - namely nickel sulfide deposits.

Two things to know about nickel - there are nickel sulfide deposits and there are laterite deposits. From the former comes the over 99.8% purity nickel, used in batteries, plating and super-alloys, while the latter host the lower grade, higher iron content material (Class 2 nickel), which is generally used in stainless steel.

New company Zeb Nickel (TSX-V:ZBNI) Corp, which went public in August 2021 wants to supply the ballooning EV industry with raw material to make battery cathodes. Handily, it is sitting on a high-grade nickel sulfide deposit (Zebediela Nickel Project) in mining-friendly South Africa, which also happens to be the eighth largest known nickel sulphide deposit in the world in terms of its resource.

Right neighborhood

The project is in the right neighborhood too. Zeb's 7 kilometre (km) by 6 km land package is in the Bushveld complex - a region synonymous with world-renowned platinum group metals and nickel producers.

It is also surrounded by great infrastructure and sits next to Ivanhoe Mines’ huge US$1.5 billion Platreef project, which churns out platinum group metals (PGMS), copper, gold and nickel. It is also just 15km from Anglo American Platinum’s Mogalakwena mine - the largest nickel sulfide deposit in the world.

Together, those two deposits alone contain more than 27% of the top ten known global nickel sulfide resources.

"It's a great exploration story. It really is the needle in the haystack here," said Zeb Nickel (TSX-V:ZBNI) CEO Wayne Isaacs on his company's flagship Zebediela (Zeb) asset.

"It's got huge tonnage. It's got a lot of potential. The project itself boasts approximately 1.5 billion tonnes of nickel at about 0.25% grade and there are numerous viable targets for us to increase tonnage and grade and position it as a world-class opportunity," Issacs added. ..."

https://www.proactiveinvestors.co.uk/companies/news/967794/zeb-nickel-is-advancing-south-african-nickel-sulfide-deposit-as-globe-goes-green-967794.html

"Zeb Nickel is advancing South African nickel sulfide deposit as globe goes green

Zeb Nickel, which went public in August, 2021, wants to supply the ballooning EV industry with raw material to make battery cathodes and is sitting on a high-grade nickel sulfide deposit in mining-friendly South Africa

Giles Gwinnett
12:00 Wed 01 Dec 2021

... And Zeb has already completed around 2,500 metres (m) of a 3,600m first phase drill program, which kicked off in September 2021, targeting higher grade nickel, included in the footwall and part of a historic resource estimate.

Isaacs said the drilling is progressing very well and the company is already seeing good visible results. The campaign is expected to be completed by the end of the year, after which the company will await lab assays, ahead of a potential second phase of work, where deeper, higher grades will be targeted.

"We believe that we have identified some very viable high-grade zones that we have not even touched yet and I think once we get into some of that drilling in our Phase 2, we're going to start seeing some spectacular results," said Isaacs. ..."

https://www.proactiveinvestors.co.uk/companies/news/967794/zeb-nickel-is-advancing-south-african-nickel-sulfide-deposit-as-globe-goes-green-967794.html

Jono,

As I posted yesterday:
"I admit that the communications from URU haven't been good in this respect, but this sort of thing can create a buying opportunity."

I would agree with you that the commencement of drilling SHOULD have been RNSed.

But no way is my info. out of date ... unlike yours.

The soaring nickel price is happening RIGHT NOW.

And the drilling results are awaited RIGHT NOW. They should be imminent.

Lower grade nickel project's like URU's are actually far more geared to a rising nickel price than higher grade nickel projects, as it is far more transformative for their economics.

And now that the initial Ukraine war panic is over, investors are waking up to the fact that nickel plays like URU are actually an ideal investment right now, as shown by today's recovery in the BRES (Blencowe Resources) s.p. after its recent falls.

Thanks to Gardenboy on ADVFN for these useful recent posts from a BRES thread:

gardenboy 22 Feb '22 - 13:01 - 250 of 303 0 4 0
""While current Class 1 nickel production is dominated by sulfides, the basic issue facing the industry is that large, high quality sulfide deposits are becoming increasingly difficult to find as the low hanging fruit has already been plucked in previous mining cycles. As such, roughly 73% of undeveloped nickel resources globally are now hosted within laterite deposits. New sulfide deposits will continue to be discovered in the years ahead, but not nearly at the pace necessary to keep up with battery-driven demand "
From theassay.com"

gardenboy 22 Feb '22 - 19:56 - 255 of 303 0 4 0
"The market has got this wrong for now. Nickel warehouse inventory is getting very low. There are forecasts of $50,000/t coming soon. There are so few globally significant nickel sulphide deposits around the world and sulphide is so much easier to process compared to laterite and sulphide easily makes the best battery grade material. If Blencowe can build up a decent JORC figure then the sky is the limit here."

https://uk.advfn.com/cmn/fbb/thread.php3?id=49007891&from=250

"Is it time for lower grade nickel sulphide projects to shine?

By: Matt Fernley
Posted on - 20 Dec 2021

This article first appeared in the November 2021 edition of Battery Materials Review.

The bidding war over Noront Resources and the flurry of nickel offtake agreements announced between automakers and nickel producers seems to suggest that EV and battery industry participants have (at last) woken up to the impending scarcity of class 1 nickel resources. As we discussed in November’s other BMR Focus article, we believe that ternary (high nickel) chemistries will remain vital in EV land for at least the next decade, probably longer, which means that the demand story for nickel will remain intact. With the bidding war for Noront continuing, we ask – what next for nickel?

We believe that it’s time for lower grade nickel sulphide projects, historically shunned by the market, to start to shine. ...

Economics of lower grade sulphide projects

Given that production focus in the world of nickel has always been on higher grade projects (Norilsk, Western Australia), many investors turn their noses up in the air at the thought of investing in a low grade, high tonnage deposit. But actually this view is rather blinkered, and to explain that let’s use the example of copper. ...

Small high grade or large low grade?

Well, it kind of depends what your preference is. Australian investors often get sniffy about lower grade deposits abroad, but the fact is that from a mining point of view it’s simpler and cheaper to mine a large tonnage open pit than it is a high grade, underground occurrence, particularly as those high grade mines get older and the operating areas move further away from the shaft or decline. ...

Environmental considerations to come to the fore

We’ve already seen a number of Majors flirt unsuccessfully with low grade, bulk tonnage laterite nickel projects. ...

So, for battery raw materials, I would suggest that investors look much more closely at lower grade nickel sulphide projects ..."

https://www.batterymaterialsreview.com/ourblogs/is-it-time-for-lower-grade-nickel-sulphide-projects-to-shine/

"Zeb Ni-PGE Project

The Zeb Nickel Project is a Class 1 Nickel sulfide project that contains over 3.9 million tons of nickel and is ranked 8th in the global top ten nickel sulfide resources by contained metal. The project is amenable to open cast mining with a relatively small environmental footprint."

https://zebnickel.com/

"METALS-Nickel prices gain as sanctions on Russia raise supply concerns

CONTRIBUTOR
Eileen Soreng Reuters

PUBLISHED
MAR 1, 2022 10:43PM EST

March 2 (Reuters) - Nickel prices rose on Wednesday, buoyed by fears of disruptions to supply from Russia amid low global inventories as sanctions ramped up against the country following its invasion of Ukraine.

Russia supplies around 10% of global nickel, which is used to make stainless steel and batteries for electric vehicles.

Three-month nickel on the London Metal Exchange CMNI3 was up 0.2% at $25,150 a tonne by 0311 GMT, hovering close to a more than 10-year high touched last week. ..."

https://www.nasdaq.com/articles/metals-nickel-prices-gain-as-sanctions-on-russia-raise-supply-concerns

Jimmy,

Your wish is my command! -

"ZEB Nickel Corp

"Resources for the Clean Energy Revolution"

January 2022

... ADVANCED PROJECT WITH NICKEL RESOURCE

NI 43-101 compliant resource is ranked in the top ten Class 1 nickel sulphide resources globally1. Indicated Resources of 485.4 Mt at a grade of 0.25% Ni with additional Inferred Resources of 1,115 Mt at a grade of 0.25% Ni. ..."

http://zebnickel.com/wp-content/uploads/2022/02/220126-Zeb-Nickel-Company-Presentation.pdf

= c. 4 Mt nickel.

x current nickel price: US$25,438.50/tonne.

= An in situ nickel value of circa US$ 100 billion.

Jono,

Zen Nickel Corp. actually conducted a 3,600 metres phase one drilling programme in the final quarter of 2021, so the results should be imminent.

Apparently the drilling core samples showed some very good intersections with great mineralisation.

I admit that the communications from URU haven't been good in this respect, but this sort of thing can create a buying opportunity.

Gigontbsaaa,

In view of your posting history, I presume that was a typo, and that you left out a zero:

"That's right. 1000p coming"
"1000p coming"
"North to 1000p by end of this month"
"Lots of blue, 1000p coming"
"Its all systems go I fully expect 1000p by end of this month for starters"

"METALS-Nickel prices gain as sanctions on Russia raise supply concerns

CONTRIBUTOR
Eileen Soreng Reuters

PUBLISHED
MAR 1, 2022 10:43PM EST

March 2 (Reuters) - Nickel prices rose on Wednesday, buoyed by fears of disruptions to supply from Russia amid low global inventories as sanctions ramped up against the country following its invasion of Ukraine.

Russia supplies around 10% of global nickel, which is used to make stainless steel and batteries for electric vehicles.

Three-month nickel on the London Metal Exchange CMNI3 was up 0.2% at $25,150 a tonne by 0311 GMT, hovering close to a more than 10-year high touched last week. ..."

https://www.nasdaq.com/articles/metals-nickel-prices-gain-as-sanctions-on-russia-raise-supply-concerns

Zeb Nickel Corp. Announces Trading on OTCQB Newsfile | 01/19/2022

" ... ABOUT THE COMPANY

Zeb Nickel Corp.'s ("Zeb") flagship project is the Zebediela Nickel Project which is located in the Limpopo Province of South Africa and contains 3.9 million tons of contained sulphide nickel. The project is ranked number 8 in the global top ten nickel sulphide resources as per Mudd and Jowitt (2014) and is at an advanced licensing stage to mine in an environmentally friendly, sustainable, and cost-efficient manner.

The project is located in an area known for its world class nickel-copper-platinum group element ("Ni-Cu-PGE") deposits. Zeb's neighbors include Ivanhoe Mines' Platreef Project and Anglo American Platinum's Mogalakwena mine, which is the world's largest open pit platinum mine. These two deposits together contain over 27% of the top ten known global nickel sulphide resource.

The Company has filed a filing statement dated July 28, 2021 (the "Filing Statement") under its profile on SEDAR at www.sedar.com. Readers are encouraged to review the Filing Statement, which provides detailed information the business of the Company and the Zebediela Nickel Project."

https://www.otcmarkets.com/stock/ZBNIF/news/story?e&id=2106583

https://www.otcmarkets.com/stock/ZBNIF/news

Zeb Nickel Corp. Announces Trading on OTCQB Newsfile | 01/19/2022

"Vancouver, British Columbia--(Newsfile Corp. - January 19, 2022) - ZEB Nickel Corp. (TSXV: ZBNI) (OTCQB: ZBNIF) ("Zeb" or the "Company") has received final approval from the OTC Markets Group to begin trading on the OTCQB market under the ticker symbol "ZBNIF" at market open on January 19, 2022. Trading on the OTCQB Market is a positive step forward for both the company and its shareholders, allowing Zeb to now have access to the United States investment community, through its new U.S. listing on the OTCQB. With the support of the OTC Markets Group, the company expects to be able to continue to advance the company within the U.S. investment community.

The OTCQB is the premier venture marketplace for developing junior resource companies in the United States with its commitment to providing a high-quality trading platform for U.S. investors. Wayne Isaacs, Chief Executive Officer of the Company, states that, "We are excited to be trading on the OTCQB Venture Market in the United States which complements our Canadian listing on the TSX Venture Exchange and broadens our investor base. This is a timely milestone as we have a robust pipeline of exploration activity currently underway, and trading on the OTCQB will increase the Company's visibility to U.S. investors and improve liquidity for our shareholders." Isaacs further states that, "In the upcoming months we are looking forward to reporting our second phase of this exciting exploration project and we will be updating the marketplace on the of our project's phased exploration program which has already resulted in high grade nickel sulphide intersection in excess of 0.5% nickel and 1.88 g/t 3PGE + Au (platinum plus palladium plus rhodium plus gold)."

To be eligible, companies must meet high financial standards, including being current in their financial reporting, follow best practices corporate governance, have professional third-party sponsor introduction, demonstrate compliance with U.S. securities laws, and undergo an annual verification and management certification process. The OTCQB is recognized by the Securities and Exchange Commission as an established public market that provides current public information to investors the need to analyze, value and trade securities. ..."

https://www.otcmarkets.com/stock/ZBNIF/news/story?e&id=2106583

https://www.otcmarkets.com/stock/ZBNIF/news

"ZBNIF
ZEB Nickel Corp.
Ordinary Shares
0.22"

"MARKET CAP Market Cap
12,074,653"

https://www.otcmarkets.com/stock/ZBNIF/overview

US$12.074M. = c. £9.056M.

URU owns 74.82%, = C. £6.77m.

Current URU market capitalisation at 1.35p: £2.22M.

With the price of nickel soaring, and Zeb Nickel well-financed and with a huge nickel resource, URU now looks looks like a real buy opportunity.

Answer: a profit warning:

28th Feb 2022 7:00 am RNS Made Tech Group Interim Results
"... some short-term challenges relating to IR35 and staffing of public sector contracts and increased overhead costs, which we expect to impact our trading performance in Q4 FY22 and into the first half of FY23 ..."
https://www.lse.co.uk/rns/MTEC/made-tech-group-interim-results-ptdoly4d3fqunw4.html