Member Info for Luke2

When HZM announced a year or so ago that they were investing in schools local to the mine the share went down!
Of course that was before Vale’s cavalier attitude to the local community came back and bit them, sadly costing many lives as well.
I would not invest here if I thought they were not sound ethically, one reason being conscience the other financial, bad practises come back and bite you in the end.

https://www.freightwaves.com/news/2018/1/3/the-trouble-with-cobalt

Worth mentioning him twice.

Other news India’s take up of EV battery transport likely to grow at a CAGR of 44% for the next four years.

https://www.teck.com/about/officers/

Don’t reckon Teck would want him to waste his time on a project.

Thank goodness someone felt sorry for the children who worked underground in this country all those years ago.
I live in an area where people are proud if their female ancestor was a ‘bal maiden’ they were crushing ore manually on the surface though and not that long ago really.

https://www.proactiveinvestors.co.uk/companies/news/909176/horizonte-minerals-ceo-details-2020-priorities-at-its-araguaia-and-vermelho-projects-909176.html

Only a few days old, but since then China and Trump have reached an understanding and we have a decisive answer here, so onwards and upwards in my humble opinion.

Alexander N Christopher Senior Vice President, Exploration, Projects and Technical Services at Teck.
Non -Executive Director HZM.

https://horizonteminerals.com/uk/en/leadership/#management

https://www.teck.com/

Largest shareholder 14.5%, senior Teck man on the board.

Place your bets.

https://www.duluthnewstribune.com/business/energy-and-mining/4821744-Long-quiet-copper-nickel-project-asks-to-restart-exploratory-drilling

There is an easier way.

Hi wasarunner, that is a difficult one, because I have a partner almost as heavily invested here as I am, they would sell a fair few shares post finance and pre production, we have a joint bank account!
I am entering my fifth year invested here, for the last eighteen months my investment here has not given me a balanced portfolio, so I should probably rectify that.
I think I will decide based on the outlook for the world economy, if we are in a little plateau of calm before trade wars kick off again then I think I would probably sell a third.
To complete the family investing picture my son with age on his side would stay invested, as he has done with builders since the last recession, he has not regretted it.

Six months for someone buy the lot, I am content.

I am sure some people will wander off bored if they are break even or in profit, some will sell if share rises, good luck to them.

Trump and China reaching an understanding that should last past Trump’s election, should mean a healthy nickel price when financing is being completed, so both possible endings should make investors happy.

And we have a senior Teck man on the board.

https://www.proactiveinvestors.co.uk/companies/news/909176/horizonte-minerals-ceo-details-2020-priorities-at-its-araguaia-and-vermelho-projects-909176.html

https://fleetworld.co.uk/ev-tipping-point-within-two-years-bvrla-conference-reveals/

https://inc42.com/features/electric-revolution-the-electric-vehicle-startups-driving-indias-ev-vision/

https://uk.reuters.com/article/global-metals/metals-nickel-prices-hit-2-week-highs-as-investors-cover-short-positions-idUKL4N28M1AN?rpc=401&

https://www.maritime-executive.com/article/china-plans-1b-port-investment-in-brazil

Reckon Chinese investment in Brazil could be at the start of a steep curve.

Have just trawled through a conference paper written by John Stephan on An analysis of Nickel price variation and its impact on the global economy.

He studied the last $50k a tonne rise and the following fall which he considers was caused by the recession.

As far as I can understand the LME inventory stocks are key.

If stocks are low and world supplies are balanced then prices will rise.

If stocks are low and there is a shortage or perceived shortage that is when prices will shoot up as traders play the market and companies scramble for products.

Low LME stocks are predicted half way through next year and there seems to be a fair bit of demand coming with all the battery factories being constructed, so I think it could happen sooner than we think.

So yes it could happen, I would settle for $20k which seems unavoidable.

The article I posted the other day said at the end of another six months the stocks of nickel would be totally gone and we could enter another period of impressive rises for nickel.

I’m relaxed with another winter of discontent for this share, there may be a surprise along the way. An unsolicited offer could arrive on any day in the future.

What the CFO buy signalled was the fact that nothing unexpected is happening at the moment.

If that has been the case for some while, those in charge should have bought earlier.