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They updated the Significant shareholders list.
Why do hzm need to promote the company? They have sold the product for 10 years. All they need to worry about now is building the plant on time and on budget.
DJ, we were all expecting a rise on financing, what people expect from now on is pure speculation. We will just have to wait and see.
JD, can you back that up with some written company document? If not, it's not a fact. Fact! So get your facts right.
11. Details of the Offtake Agreement
The Offtake Agreement is for a 10 year term, during which time Glencore has committed to acquire 100 per cent. of the production of ferronickel from the Araguaia Project and the Company has agreed to act as guarantor for the obligations of Araguaia Niquel Metais Ltda. The entry into the Offtake Agreement is a key requirement of the Lenders and significantly de-risks future cash flows from the Project. The Offtake Agreement is conditional upon, among other things, the completion of the Glencore Subscription and the entry by Glencore into a direct agreement with the Senior Debt Facility Lenders in relation to typical intercreditor matters.
That's all they say about the off take in the document on the website. Fact!
Just because JM says so in an interview doesn't mean it's a fact.
I would have a gguess and say some sort of delivery, shipping is split 50/50.
Is the BBC running this BB now? "Fact Checking" FFS.
Free, its probably as annoying as I find people talking about the EV battery market on here.
I know. But my day will come!
Get in there!
1st mine is stainless steel market can't be used for battery market.
2nd mine Vermelho is battery market grade or stainless steel.
Scalable means they can increase production numbers, A1 can go from 14kt to 28kt by building a 2 line from line 1 profit.
Only Vermelho is battery market nickel quality.
Auto volume on 500,000.
Do the placing shares need to be forward sold before they hit the market? Obviously the La Mancha and Orion won't but what about the others? I remember there being a delay before in a previous placing.
Want to buy my placing shares? You can have them for 6.5p?
Will this go back to 5p? Place your bets!
May1, I wouldn't cut any losses unless it was very small. I would buy more to average down possibly if that was my position. I'm still in good profit.
I think this will do well long term but I was expecting and hoping for a Solgold type rise on financing news.
A2 is where the real money will be, V is too far away for my liking.
The share price isn't down on a 1.23% short. It's down because long term Pi's got screwed over by a poor deal. And the company lied about how much money it needed to raise. A deal at 8p might have been good enough to get some interest in the company but now we are stuck here until production starts.
A2 is 4 years away from production. JM was just trying to keep the share price from falling. They've bought a load of spares that's all.
Ok but hzm are selling 14kt of nickel in a 2.5mt market with a 10 year 100% off take agreement. Unless you think the share price will drop further on this news? I can't see it being relevant in this case.