Member Info for maverick2471

Nice also to see that they are now analysing drill results at Akyanga a 55km gold belt they had three drill rigs turning and looking to increase to over 2m oz - expecting JORC to follow https://twitter.com/ArcMinerals/status/992029909932494848

ARCM twitter tweets, looks like possible action coming on Zamsort as Nick has been out there. The projects is huge https://twitter.com/ArcMinerals/status/992031374390513664 Have started building a decent position here having researched the Zamsort project. All post more info - dont think people realise how big this prospect is copper/cobalt in the Lufilian Arc in one of the last prospecting area next door to Sentinel copper mine producing 200k + tonnes per annum

yes indeed I have been watching the company, seems like some strides forwards are being made, looking forward to results

absolutely massive I agree you cannot argue with the resource 2.5m tonnes of nickel and 43k tonnes cobalt - both contained M&I resource Then you look at current Ni and cobalt prices Then Capex around 350-400m FCF over 2 year min life of mine of $1.9bn just on Araguaia project Not many better on AIM in my view

Courtesy of Moneysponge on twitter Buyers lined up! https://twitter.com/TheMoneySponge/status/991289872609632256

look at the ARS chart around Sep 17, two peaks then a rerating move to 14p from 4p level, i believe same will play out for HZM given growing interest and catalysts this year.

slides 27-32 of particular interest providing information on the new Vernmelho #nickel #cobalt asset and roadmap for this exciting asset. Broker Target price 21p does not factor in Vermelho yet!

well the RNS did say some of the funds were raised for transactions aka 'deals'

https://youtu.be/HseIVydc1kI

Excellent update with new extended section on Vermelho with roadmap http://horizonteminerals.com/news/20180424_investor_presentation.pdf

https://www.bhp.com/-/media/documents/media/reports-and-presentations/2018/180418_ehaegel_shanghaiconference_final.pdf?utm_source=LinkedIn&utm_medium=Organic&utm_campaign=NickelWest&utm_content=Speech

what a great time for Horizonte to be moving forwards with strategic Financing discussions with Nickel at $15,500/t some 30% above the base case robust PEA assumption Roll on delivery of the FS

its due to US sanctions on Russia people expecting it to affect Nickel supply I guess Norlisk for one

At $15k Nickel Price Araguaia Project Free Cash Flow over LOM moves to over $2bn FS due in couple Months whats Market Cap...........!?

presumably Norlisk nickel seeing same with uranium also

Possibly this and also Nickel broke a technical resistance level http://www.bbc.co.uk/news/business-43789547

agree share price today of 4p level will be history and long forgotten in a year or twos time given the advent of battery metals development. HZM have combined 2.5m tonnes contained nickel and 43k tonnes contained cobalt - thats some serious resource (Measured & Indicated) too

At $12k Nickel with a project NPV of $328m and IRR of 19.3% we had a SP of 4-5p Now today at $14,800 Nickel and a project NPV of approx $700m and IRR of approx 30% we have a SP 4-5p erm - anyone spot the arbitrage ? Should be minimum 8-10p based on leveraged Ni Price alone especially with FS nearly complete using 12k assumption and trial mining has validated the model recently RERATE

HZM now looking even more interesting nickel almost touched $15k/t earlier thats the top end broker target of 21p and npv around 6-700m with over $2bn free cash flow on just Araguaia project share price incredibly sub 5p Yes my 231p was a typo but I'll have it !!!

For those newbies here is the Shard Broker note recently done 15-21p price target 21p at $15k/t nickel price. http://horizonteminerals.com/news/20180307_shard_capital_research_note.pdf