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I’m with you Strummer and with many that are underwhelmed by this deal. It looks as though JM has been trying to get less dilution, hence the delay. Then once agreed let’s through those PI’s a minuscule slice and award ourselves 8% options.

Orion get a slice of Vermelho as part of the deal and La Mancha…. With it being their first investment into the base and EV metal market space and looking at organic growth in HZM.. Read between the lines getting into Vermelho on the cheap also!

Not impressed when going into the details tbh.

Slightly more dilution than was expected and 8% BOD options is pretty much taking the p*ss. Don’t get me started on the derisory share offer to PI’s !

Put me down as underwhelmed but there again it’s AIM. Still my biggest holding and in for the long haul.

Wasn’t part of the last fund raise to go towards the DFS at Vernelho? Perhaps it’s just preparations for this?

https://www.usgs.gov/news/usgs-seeks-public-comment-draft-list-50-minerals-deemed-critical-us-national-security-and

Good to see tin, lithium and tantalum on the list.

A bit of a strange RNS that. You can only assume they have been given the heads up on approval. Can't happen soon enough imo.

I can’t wait for the day where HZM is in the category Nickel Producers and not Nickel Juniors!

My selections

VAL…..deal on the horizon
HZM…. offtakes and possible cornerstone investor
ARCM….absolute sh*t shower of a share over last few months. Light at the end of the tunnel.

Cheers 1509 for organising and little mention. I didn’t think I was close to the running tbh.

6% drop on the back of 6… yes..6 trades…of not particularly large volume. Farcical!

Hi MAct4 I do all my spreadbetting with IG. Spreads can vary on some companies depending on liquidity but find them pretty good.

I have both physical and spread bet in SNG. Averaged up on my physical but still have my spread bet from 38p. GLA we are getting closer to the prize!

Can people not reply to obvious derampers like Johnny here with his first ever post, using the original message. Start a new thread to shoot him down without using the headline Director sells which is obviously false.

Sounds like very promising assays. Hope all the holes drilled come close to the first. Onwards and upwards.

No Wilco. Betts forgot to add some fanbelts and hydraulic fluid in his Amazon basket when last shopping. Absolute joke of a reason for a drop in production!

It looks like the drop in ore mined is due to the lack of excavators from the contractor. Betts truly couldn’t organise a p*ss up in a brewery if he wasn’t on top of this!

I disagree that Phase 3 is the highest risk, for me that’s stage 2. With it getting to stage 3, I see it derisked financially as long as you are prepared to be patient if you believe in the product. Same applies to AGL and I am in them both. Just my opinion.

Is that a rhetorical question?

Hold and be happy is my thought. SNG has become a traders stock so let the 10/15% crew have their fun.

SNG will not properly relate until the data is released in my opinion. I still have a spread bet from 38p so cannot come soon enough!

I closed my position in VAL at around 20p for a 25% profit as I lost patience. Not the best decision I will ever make..lol.

I realised it was the wrong decision when the SP took off within days. Anyway I opened a spread bet position at 31p after the slight retrace. Am happy to be in, enjoying the ride and the excellent contributors on here.

Thanks Soundbuy…and DJ…oh and Ivornomoney for posting that article. ;-)

Reading the article, it is quite easy to overlook the Serra do Tapa resource and the size of resources within. Being close to Araguaia I guess that this will be Ferronickel also?

It goes without saying that getting Araguaia fully financed and being built will hopefully lead to news on Vermelho and it’s DFS. It will be a number of years that SdT gets looked at admittedly and that assumes we are not bought out. Could that mean a long term on the company could be around 7 years? We will have to wait and see. GLA.