Member Info for Ivornomoney

Could they transfer their shares to teck or glencore in some sort of deal?

Monday's share price 60p

https://www.fool.co.uk/company/?ticker=LSE-HZM

Yes Wasa, but they have been clear with the target date. Considering the governments brexit negotiations I'm not concerned at the moment. If there is a delay in financing I would expect to hear something in the 2nd week of December.

I think it's best for the share price to settle the financing all in one go otherwise the shares will be sold off on every rise. And hopefully the only way is up once its agreed.

Closing of the Facility, targeted for end of the calendar year 2020, remains subject to completion of due diligence in form and substance satisfactory to the MLAs, final credit approvals and execution of definitive Facility documentation. 

The rns says financing expected to close by the end of this year. Be patient.

The project finance process is progressing well. It is made up of a number of different tranches with all pieces progressing simultaneously. Some of the work streams have taken longer than anticipated due to the wider reaching effects of the Covid pandemic on the financial markets and on the ground in Brazil. However, the Company is pleased with progress to date with a number of key financing milestones reached, and advanced discussions are underway on other parts of the package. The Company will provide a formal update to the market in due course. 

 

We’re also pleased to see the nickel price performing well, and the Company is well positioned to benefit from this as Araguaia moves towards start of construction.

Think a few people got the same reply.

Due Friday.

Dealing with a take over bid. Nothing to worry about.

And it's a 14% coupon? Has somebody got the decimal point in the wrong place?

Does hsbc have a MM on hzm? According to the Times it does but I don't see it on L2? They currently hold 22m or is that the same type of holding as HL with 200m?

Do you think it was a stoploss?

To 15p for Christmas :-)

Did anyone admit to selling 9m?

12 Months:

Ongoing construction of Araguaia Project ready to commence production by the end of 2022.

Do they mean the €325m will be closed by the end of this year which will allow construction to start and then they will compete the rest of the financing later on in the year? But they are still giving themselves a 2 year build time.

Does anyone have the link for the 121mining website?

I did email him yesterday and was told that the rns was correct and finance on plan. He also mentioned the mining sector had taken a hit.

The rns states project financing to be completed by the end of this year. And construction to start early Q1. If anything has changed it should be put out in an rns first.

RSI now at 30.89 which says it's over sold. Should move up from here.

Some big trades going on here tho. I'll keep an eye on it when hzm hits 40p ;-)

AIM, cheers for that. Couldn't work out what was going on myself.