Member Info for maverick2471

Ive listed out points from the recent investor call - I remain somewhat perplexed by the valuation gap to the broker target which is 5x higher and doesn't factor in Vermelho either https://www.youtube.com/watch?v=lM6F3IrSOYE&t=479s Horizonte Minerals Investor Call May 18 - Summary Pure Play Nickel company Largest Nickel resource globally in a public company not in development. �60m Market Cap Fully Funded through to 2020 Strong II shareholder register Teck, Glencore, JPM Combined Nickel resource of over 2.5 Million tonnes contained Nickel Combined Cobalt resource of over 100,000 tonnes contained Cobalt Broker Target price 21p at $15k/t Nickel Two Tier1 assets � Araguaia � High Grade Nickel Brazil (100% owned)  1.5m tonnes contained nickel  Offtake to stainless steel market  2016 PEA delivered robust economics @ $12k/t Ni project returns $1.3bn in FCF  Almost identical asset �Onca Puma� in Brazil using same RKEF processing route for stainless sector sold for over $800m in 2005 post FS delivery. Milestones  Feasibility Study - due for completion late Q2 early Q3  Financing discussions under-way - interest from Private Equity, Producers and other off-take  Key permits in place - construction permit remaining due H2 2018  Construction ready end of 2018 � Vermelho Nickel/Cobalt Brazil (100% owned)  1.68m tonnes contained nickel / 94k tonnes contained cobalt  Offtake to Battery metals and/or stainless market  NI-43-101 2018 resource places Vermelho as one of the largest high-grade un-developed nickel/cobalt resources globally.  Horizonte plan to run a smaller high-grade operation than VALE would have done utilising synergies with Araguaia located near-by at circa 20k/t pa Nickel ($300m rev pa) and 1k/t pa cobalt ($90m rev pa) at today�s prices Milestones  Testing started to prove process of converting nickel/cobalt hydroxides to sulphates for EV markets. Mixed hydroxide project can also supply stainless due Mid-Year 2018  PEA for smaller high-grade operation to be completed H2 2018

100k in placing and two buys on market since - get my vote of confidence - yesterdays TR1 too. There was a lot of data on Zamsort with 7 of the top 10 targets in the Kalaba license - its not hard to join the dots

Expecting the rerate to start around now (later than I expected) FS is a game changing moment for the company assuming the numbers come in which I think they will with higher nickel and trial mining validated the PEA model Just one permit remaining too Expecting well in excess of �100m cap her mid year

Excellent news http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ARCM&ArticleCode=b8bj698r&ArticleHeadline=Notification_of_Major_ShareholdingMrs_Ann_Gloag

There was a placing with HNWi so assumed it was a possibility !

I dont think there will be much flipping at this level as it went to pretty sticky hands - look out for a TR1 coming. I also took the previous 2p placing and have targets way into double digits here if what I think will happen with Zamsort happens and given they shall be producing copper/cobalt this year under the SML

See only one way for nickel mid-term - this puts Horizonte about to deliver their Araguaia BFS in a very strong position for Financing and off take discussions. Wider market either missing this or not picked up on Horizonte yet imo Araguaia Free Cash flow over 28Y LOM now in excess of $2bn that is separate to the new Vermelho asset they just announced a resource upgrade on 117% increase in cobalt and 60% increase in nickel (contained figures) NICKEL: Nickel outperformed other metals, with the LME price rising to a nearly one-month high of $14,830 a tonne. In Shanghai, the most-traded July nickel contract climbed to an intraday peak of 110,430 yuan per tonne, its loftiest since June 2015, before settling at 110,240 yuan, up 2.2 percent. Nickel is the best performing metal on LME this year, gaining nearly 16 percent so far, with stocks of the metal at LME warehouses at the lowest since July 2014. MNI-STOCKS NICKEL DEFICIT: The global nickel market deficit widened to 15,700 tonnes in March from a revised deficit of 6,600 tonnes in the previous month, the International Nickel Study Group said.

'We have had some approaches from potential joint venture partners, but I am not in a hurry to involve them at this stage. We need to do our work and need to get drilling to see what is there. Zamsort is one of the most outstanding copper/cobalt opportunities in Zambia, and what this interest has underscored is that we do have an exciting asset with a great opportunity for exploration' The JV partners know.....

oh SPOT how desperate you seem for the SP to stay down. Thanks for your concern here mate much appreciated - in the meantime I'll make my own investment decisions as a 2p placee and 2.4p placee and someone who has bought on market higher than those prices. I am of course an investor not trader - happy for traders to stay away

Yep I was in at sub 2p in Asiamet - Kalaba has the scope to be the size of Beutong. Have built a nice position here and still adding where I can.

Hello SPOT the same way any other AIM exploration company has done And in addition have options to Sell non core assets like Andiamo and Sturec Sell CASA when JORC'd/Scoped Sell 1m worth of stock pile at Zamsort Start revenue creation from Zamsort They are funded into next year now and placing after that will be at a premium today and possibly with II involvement if they hit the big grades with drilling kicking off now Shame you couldn't join the investor call - would have helped me explain

Clearly certain individuals have not looked at the bigger picture around Zamsort potential. Its probably Tier 1 scale its the last remaining area of the Lufillian Arc region to be explored with 7 of the many targets in Anglo's original top 10 prioritised targets - Kalumila was 22 and it sold for nearly $300m after drilling. the argument for assets companies didn't want doesn't stack up given the Financial Crisis and plug being pulled from exploration - thats just a cheap shot at deramping buy hey we can all see that anyway

Nice summary EB I should imagine after the Investor Call tomorrow we'll see a lot more chatter as Nick explains just what this means for the company and the exciting drilling campaign starting. Solid hold for me this one as the next 6 months should be fantastic

Cleary you know nothing about the scope of Zamsort then !!! Game Changer

This should rerate on todays news - absolute game changer for the company - the copper/cobalt asset which they now have 60% of is Tier 1 potential - drilling starts now - a few holes - show a major and would expect a JV pretty quickly To my mind with the two gold assets as well we should be looking towards a �30-50m cap this year especially with near term production- around 10p level

A must listen The next major nickel/cobalt company in the making https://youtu.be/lM6F3IrSOYE

quite astonishing isnt it - thats contained metal as well Cerebral15 - given that figure even at a conservative 90% discount valuation you get a $3bn company ok say lets say we discount the value by 99% - 1% =. $300m hmmm thats still around 5X current share price -silly silly silly mcap

https://www.brrmedia.co.uk/broadcasts/5af2bc2eda84b173481887a6/horizonte-minerals-vermelho-mineral-resource

Those numbers are wow and far in excess of what was mentioned on the presentation thats over 100% increase in contained #cobalt inventory and around 60% increase in #nickel at Vermelho bringing combined contained nickel at Araguaia and Vermelho to over 3M tonnes contained nickel - serious global nickel /cobalt player

From Advfn looks like Vermelho NI-43-101 resource coming maybee next week https://twitter.com/HorizontePLC/status/992326981642530817