Member Info for Luke2

If he has no market sensitive info, he could buy lots of shares with his wages.

https://cdn.discordapp.com/attachments/367717766989348867/634730502036652032/HZM_2019_10_17.pdf

As kindly mentioned earlier.

https://cleantechnica.com/2019/10/18/from-the-mud-field-to-the-plug/

https://www.valuethemarkets.com/2019/10/17/valuethemarkets-podcast-024-with-jeremy-martin-ceo-of-horizonte-minerals-hzm/

Good luck to you Geng, we had a good share drop after Araguia part 1 FS, so if it happens again us long termers will cope.
Difference is nickel is approx $6000 a tonne higher now and needs another $4000 a tonne for 50% of new battery grade projects to turn a profit. Vermelho very profitable at current nickel price, so I expect a fairly reasonable outcome fairly quickly.

I sadly had to reinvest my share money in home improvements, still nice and waterproof for the winter.

'The SP will increase when least expected.'

I put some extra money in, that could only rest here for a while, late August I drew it out having made a few hundred as I saw no sign of the PFS. Few days later the first financing lands unexpectedly for Araguia, I would have doubled my money.

I honestly think an offer will come unexpectedly for Vermelho.

Taken from the call: A recent UBS survey of 40 nickel projects globally that could be brought into production which are either now at the FS stage, on care and maintenance, or expansion of existing projects, 50% would only produce an IRR of 15% with nickel at 20,000 dollars a tonne.

Vermelho IRR 26% at 16,400 dollars a tonne nickel price.

https://m.youtube.com/watch?v=p0iV3k_ztE8&time_continue=11&ebc=ANyPxKqTxvX31LFxlExhX3mdY22SAS8jBM0vF0Nteg-K8Mjr1FEiW_N8qJqYvfiohCvwAPWx1Dy9H9Fx9pDl3zypQqyxmyNV_g

https://www.reuters.com/article/us-lg-chem-electric/lg-chem-sees-electric-vehicles-accounting-for-15-of-all-car-sales-in-2024-idUSKBN1WW0O0?il=0

Hopefully that was Jeremy's first tranche of share buying, or the office cleaner.

Those interested in HZM will be able to pass a more detailed slide rule over us from today, game on.

Sorry, deal off again!

We appear to have a Brexit deal.

https://cleantechnica.com/2019/10/16/phase-2-of-tesla-gigafactory-3-will-house-battery-manufacturing-facility/

https://www.valuethemarkets.com/2019/10/17/valuethemarkets-podcast-024-with-jeremy-martin-ceo-of-horizonte-minerals-hzm/

First of many I am sure, enjoy.

https://horizonteminerals.com/uk/en/vermelho_project/

So Vermelho with a $2000 premium would be getting $18985 today.

Lotto said earlier that they are using the same conservative base price of $14000, but adding a $2000 premium for battery grade nickel.

When they used the $14000 base case for Araguia, we were told that such excessive prices would never be seen for many years, if ever. Well it was just months away.

https://horizonteminerals.com/uk/en/vermelho_project/

VERMELHO NPV CALCULATOR

Thanks mjb!