Member Info for martina07

Yeah, FCR website Is totally out of date, especially the AIM Rule 26 Section and all of the South African Stuff is still on, which has all gone (except for the JSE listing apparently). Told Laurence and he said he'd clean it up and bring up to date. Major Shareholders section especially. Think he's got plenty on his plate to worry about right now, without this small distraction, however ! ! IMHO. DYOR. GLA.

I think Lago is best left out of the equation at this stage, as I don't think even the permits are fully aligned at this point in time, and in any event it is a lot smaller than Toral. it's also never been drilled (at all) before and all we really hav to date are rock samples and a bit of trenching work. There is also the possibility that it may be a "Confined" Synclinal system, which wud mean that it wud not extend "at depth" as the Geological terminology has it. LR & MC are correct, therefore, to concentrate solely on Toral at this stage. I think that the 3-4 M tonnes bandied about on Lago were simply back of a fag packet Estimates by Merlin Marr Johnston and also the local Spanish Geologist. It is correct therefore not to attempt any future projections for Lago as we simply don't know what is there, or if it will be economically viable to extract. BB is also very correct when he says that the figures for mine construction costs would also have to be taken into account in working out a JV, with a Partner, and those costs are likely to be $50-100m, so wud clearly impinge on Fcr's share of the profits/ Royalty income. On the plus side, Fcr DOES own 100% of the licence and mining rights at Toral, so that is something in their favour, when negotiating. Remember too, that as the number of shares in issue creeps up into several Billions, a Consolidation of the equity, of some sort becomes increasingly likely, in order to restore the absolute SP level to some sort of "normality". IMHO. DYOR. GLA.

Yes, its Colin Bird (via African Pioneer) telling us that his holding has increased to 4%, so with his warrants, in his own name, he now controls more than 20% of FCR's equity. IMHO. DYOR. GLA.

The 8.7 m Tonnes at Toral was from the Micon 2011 Report, which was for a combined Indicated / Inferred Resource with Zn at about 7%. (Google it on the net you will find it). This is to a NI 43-101 standard, which is the Canadian Measure of a Mineral Resource. A "2012 Jorc is the Australian Measure of an Economic resource and is to a higher standard, because it requires the Company to prove that they have an economically viable mine, via a PFS or FFS before full 2012 Jorc Status is awarded to the Company. This is very important to FCR as it is an Australian Company. The point that I am making , is that I think they will struggle to achieve all of that before the end of December 2017. It's almost the same as when JT promised to have "News on Moonlight" by the end of December 2016", last year - but he didn't. Instead, he just produced another discounted Placing, in order to keep the Company alive. He later told us that Moonlight was a "no go" ! What Colin Bird is up to is anybody's guess, but my suspicion is that if the Toral Jorc does not come through as promised, Fcr will be high jacked as a Shell Company and another asset injected into it. That has been Colin Bird's "Modus Operandi" in the past. BUT, if all goes well, and we DO get a good Jorc, the numbers at even 8.7m tonnes, and current ZN prices would throw out an annual economic profit of around 5.9p per share, with 4Bn shares in issue by then and a 10 year mine life. That figure also pre-supposes that Fcr does a 80/20% JV with a development partner, with Fcr getting the 20%. These would still be attractive numbers, from the current share price and wud create the ability for Fcr to pay "Special Dividends". But, as BB correctly points out, it is all down to the 2012 Jorc result, (and when we get it) and I certainly don't know what that will be.........? IMHO DYOR. GLA.

Reading through the requirements for a Full 2012 Jorc Resource, (as published by the JORC Committee in Australia themselves) it is quite clear that if a mine is not yet in production, a Pre-Feasibility , (PFS) or Full Feasibility Study (FFS) is required, in order to prove that the Mine is Economically viable prior to commencement of mine construction. IF this PFS or FFS is not available then the Resource becomes simply a "Mineral Resource", not a full 2012 JORC resource. As FCR do not yet have a PFS or FFS, for Toral, I wonder how they are going to achieve a full 2012 JORC Resource by the end of December 2017 ? Moreover, the 2011 Micon NI 43-101 Resource Report, which is referred to in FCR's RNS of 10th November 2016, is also classified as "Foreign Reserve Estimate", which also needs to be subjected to the rigors of Economic Testing. In other words, it is also NOT a Full Jorc 2012, or the Canadian equivalent, either. The above implies that at some stage in the relatively near future, funds will need to be raised, in order to complete a PFS or FFS study, which could then lead to a JV with a potential future investment partner for Toral ? IMHO. DYOR. GLA.

Share Prophets is like a sheet of Andrex, but less useful. And I still ask the unanswered question - " if Fcr really is the best thing since sliced bread, smothered wiv Camembert cheese, why hav none of the current Directors bought any stock with their own money" ? Cud it b that 2+2 = 5 ? Imho. Dyor.

I think Mr Colin Bird is after the Company. IMHO. DYOR.

I still wonder why the Executive Directors of FCR have no Equity Stake in FCR with their own money, despite a good chance to do so, in yesterdays, hugely discounted Placing. Surely that wud have been a REAL chance for them to show some faith in their Company, from which they draw a salary & expenses.? IMHO. DYOR. GLA.

The Nickel Price is, as ever, the key to HZM. But anything over $14,000 / tonne and the balance sheet gearing is phenomenal. Lets hope DH & JM have got their timing right ? Very few of the "Herd" in this stock at present - also a good sign. IMHO. DYOR. GLA.

Shudnt worry swinger, it's worth at least 20p/share if the Ni price hits $14,000/tonne IMHO. Just look at the business model on the Company's website presentation. Moreover, it's one of the few ways to get direct exposure to an Ni- only investment on the UK mkt, ETF's excluded of course. DYOR.GLA

Was reading a piece the other day in which Elon Musk of Tesla was sayin that their Batterieis are actually more like Nickel/ Graphite Batts, rather than the commonly perceived lithium/Graphite which everyone bangs on about. They are virtually 45% Ni, 45% Graphite, then a bit of Lithium and a few other rare metals. So if EV car take-up continues at current levels and other major Motor Manufactures, and even "E-bike" Manufs continue to build dedicated Battery Super Factories at the current rate, then the NI price is defo going higher. Just, as someone said below, HZM is hopefully going into production in Brazil. This stock is not on the BB Herd's radar at present, so cud b some very interesting times ahead....... ? Also, BOD, Shareholders and Instit's all singing from the same hymn sheet, which is always good (and rare in AIM0 news. IMHO. DYOR. GLA.

Just remember folks, this Baby was at 12p 4 years ago and they didn't even know wot they had in the ground at that point............ Hugely undervalued IMHO. could easily become a �200m + mkt cap stock. Nickel prices steadily improving from bottom of cycle. IMHO. DYOR GLA.

I love the Share Ticker for this company, that, and the full J Teeling Heritage Story. It's been rooting around in the bogs of Ireland for Years and not found anything of any significance whatsoever. The fact that PJ likes it, says it all really. IMHO. YOR.

Nicely off the radar too. The Nutter Social Media/ BB crowd haven't arrived yet - always a gud sign. And the BOD & Management team actually seem to know wot they're doing - also useful. IMHO. DYOR.

Was reading a piece the other day which said that Nickel is right at the bottom of the metals cycle currently and just beginning to turn upwards - so plenty of upside to come in the HZM base metal, and if it goes over $14,000 /ton, HZM are laughing all the way to the races as the "Gearing" in their business plan really kicks-in at that point. Bear in mind that they got this Ex-Glencore asset for a Steal, right at the bottom of the cycle. This could easily be a �200m + Mkt Cap company if the planets all aligned for them at the same time ! That certainly seems to be the view of their excellent Instit shareholder base as well. IMHO. DYOR. GLA.

These shares were price at 2p in the mkt the other day. Now placed at 1.1p, with 63m new shares in issue. And how many will the Directors be buying ? - well that's NONE. Ramp , then Place - Repeat ! THanks Ed, Bernard and Larry, you really are true saviours of the western world !! LOL IMHO DYOR.

Looking good. Top quality Resource, Top Quality Management, well funded and with Top Quality Instit Shareholders. Under the radar of most PI's and still a very small mkt cap, with relatively few shares in issue. If Nickel prices continue to rise, this shud really fly. Has every chance of going all of the way into production and paying Special Dividends to shareholders. IMHO. DYOR

Cant help think this luks v interesting given the recent 25% rise in WLFE on back of Tungsten price rise and supply shortages - despite Tungder's predictions of the end of the word, in all things Tungsten. The Hedge Fund may even take advantage of the uptick in Tungsten prices to Flip it to Almonty. That's wot I'd do, if I were them, as it's pretty clear the current ORM BOD cudn't open a mine to save their own lives. IMHO. DYOR. GLA.

And all back to square one, and the Placing Price - Tum te Tum !! Still, at least some of the Directors bought some stock in the Placing, with their own money, which isn't always the case elsewhere ........... ! IMHO. DYOR.

The nice thing about BZT at present is that there are only 411m shares in issue, which is pretty much Naff-All for Aim Miners these days - quite a tight ship - and NO Company Destroying DEBT either. IMHO. DYOR.GLA.