Member Info for Luke2

I wonder if Glencore likes our Cobalt?

https://investingnews.com/daily/resource-investing/base-metals-investing/nickel-investing/anthony-milewski-exceptionally-bullish-cobalt-nickel

Cobalt first (which we have) nickel from approx 6 min.

https://www.reuters.com/article/us-nickel-batteries-electric-graphic/new-projects-for-battery-material-nickel-need-a-price-spur-idUSKCN1VH18Z

Lucky HZM’s three mines are in the lowest quartile for costs, most greenfield battery grade nickel mines need nickel prices to be well above $20,000 a tonne.

PS You can always tell when Ars is having a cracking or lacklustre day.

The biggest nickel battery in the world by the way.

https://www.smh.com.au/business/companies/huge-tesla-battery-in-south-australia-primed-for-big-upgrade-20191119-p53byo.html

Well I could pop on the boards of the other Aim shares I have sold this year for a profit and tell them, personally though I am not a dog that returns to its vomit.

And quite a few more.

https://www.wired.co.uk/article/ford-mustang-mach-e

Plus bonus woolly mammoth hunting article!

https://www.sharecast.com/news/aim-bulletin/horizonte-releases-initial-mineral-resource-estimate-for-serra-do-tapa--6933488.html

Sierra resource could be used at both Vermelho and Araguia.

https://insideevs.com/news/382356/ncm-811-ev-li-ion-deployment-china/

Good news for future large nickel mines.

I’m thinking a nice long window for someone to make an offer.

HZM potentially the eighth largest nickel mine in the world, we never get a mention.

https://www.greencarreports.com/news/1126005_volkswagen-breaks-ground-on-plant-expansion-for-us-made-electric-cars

https://electrek.co/2019/11/14/european-union-stop-fossil-fuel-funding-2021/

Who would want to own potentially the eighth largest nickel mine in the world? Would they move earlier than late? How could they satisfy the largest shareholder Teck?

One thing for sure the mines will be built.

I have noted he never pops in to tell us when nickel is rising.

Most new battery grade nickel mines need $20,000 plus a tonne to make production profitable, so at some point in the next few years the markets will have to pay that price.

Luckily Vermelho is in the lowest quartile (as is Araguia) and finance is based on the future predicted price of nickel, which is in that $20,000 region or more.

I am happy to stay invested and see the mines through to production.

I would say though that a lot of things that are ‘not for sale’ end up being sold if the price is right.

Cgequity has kindly posted more.

If developed the mines will be the eighth largest nickel mines in the world, both in the lowest quartile in cost.
The Orion money gives them the luxury of not being in a rush to raise equity, they will choose the best way forward.
They have the expertise on the board to build the project, plus plenty of expertise in Brazil as they are near Vale.
Plenty of interest in the mines regarding financing.

Plus 'HZM not for sale, we can do better for investors by progressing it.'

Post at 11.23 on Adfvn, notes taken by an investor on HZM at the Mello Investor event.

Worth a read, Orion are interested in more investment in Araguia.

Interest in Vermelho including Tesla in some form and many others.