Member Info for Luke2

Very interesting supportive comments over on Adfvn from people who have listened to the Orion interview.

What I took from it with a quick listen is that they only invest in companies with the lowest cost and highest grade reserves.

They only invest where they can see top class management.

Their due diligence can take up to a year. they do not just look at the past performance of those in charge, but at their capabilities for taking a project through to completion.

They are as much interested in the quality of the management as they are in the quality of the resource.

Once invested they are likely to invest again, they see things through the whole cycle.

They are very interested in battery grade projects like Vermelho.

https://www.investorschronicle.co.uk/shares/2019/09/24/the-extraction-podcast-investing-through-cycles-with-orion/

Thanks to Gary on Advfn

https://www.goldseiten.de/artikel/248043--Horizonte-Minerals-plc---Award-Of-Options.html

These for a start and good luck to him, well deserved.

That graph is for Araguia, as pointed out earlier our other mine Vermelho (battery grade nickel and cobalt) has no value attached to it at the moment, PFS due for it by end of this month.

http://news.goldseek.com/PeterSpina/1500580800.php

Hint: We are at the institutional investment stage.

My only fear is that Origin who provided the 25 million, will try and snaffle the whole lot for a cheeky price (less than 6 times the share price). As we have two large mining shareholders, Glencore and Teck, plus a decent board, it is unlikely in my opinion.
If potential investors see Joey's comment and delay or walk away, that is their loss, there is enough positive info to sink a battleship, not this share price.

https://electrek.co/2019/09/23/tesla-ncm-battery-cells-chinese-model-3-lg-mass-production-report/

https://insideevs.com/news/371869/china-asia-pacific-xev-battery-deployment-june/

https://airqualitynews.com/2019/09/24/labour-sets-out-3-6bn-ev-charging-vision/

Thanks Harry.

... all the info.

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

I reckon Origin who gave HZM $25 million Royalty payment recently, did a fair bit of due diligence.

http://www.koreaherald.com/view.php?ud=20190921000024

Don't apologise I agree with every word.

Current valuation 11p to 20p.

https://www.proactiveinvestors.co.uk/companies/amp/news/903165?__twitter_impression=true

https://www.kitco.com/news/2019-09-20/METALS-Nickel-climbs-as-stainless-steel-producers-prepare-for-Indonesia-ban.html

https://europe.autonews.com/automakers/germany-offer-higher-ev-incentives-raise-fuel-prices-reduce-co2-emissions

Only time will tell Catching.
My money is on Teck, no nickel mines, but they have the expertise and that senior man on the board who will have had a good start over others regarding number crunching.

I think they pre announced the Araguia FS because we had been waiting nearly 5 months, people were getting twitchy. Sadly the announcement was used to knock the share price.
So I would like no warning, but I agree with others when last discussed, please make it no later than this month.
Unless it is to announce a buy out, could wait a few days for that.