Member Info for Nthoftheriver

As Tesco would say “Every Little Helps”

Hi Stevef,

No I’m North of the River Thames, not quite Newcastle way.

I think we’ve had so many setbacks what with the Nickel price, large shareholder sellers and never quite seeming to catch a break on the news front. So finally seeing us break some long term share price resistance and getting news on finance preparation is good cause for a bit of excitement. Especially when you almost wonder if the research you did on the assets and Nickel demand is misplaced. Fortunately this bb has many people adding research and thoughts to let me tough out the negative days.

Hopefully now the wind is most definitely in our sails.

Well what a great week that was and hopefully so much more to come over the next few weeks.

As we are just in the foothills of the graph, the rise in the SP is just beginning and as Bachman Turner Overdrive would have said “You ain’t seen nothing yet!”.

For my part I will look at some point to de-risk, but certainly not yet. I’m 58 and lucky enough to have retired at 50 (family health reasons), so for me, my investments are my income generator now. I will review as details on the finance package and potential development plan are announced.

My view is that the current batch of PI shareholders are mainly long term, some newish along with general traders. As news gets out more broadly more PI’s will join, Institutional investors haven’t (at least formally) come on board yet. We are on AIM, so many PI’s will not invest until a bit of certainty is seen (Finance Deal and some big Institutional names onboard). That to me means plenty of investor interest to go and demand to keep the SP moving in an upwards trajectory. (Buying pressure). FOMO hasn’t even begun!

So for now my I’m sitting on my hands. If we reach 12-15p in the run up to finance, I might get twitchy, but the big prize is production, getting a partner for Vermelho and/or a Take-over..

Whatever your approach, it’s fair to say the run up to Christmas is going to be fairly interesting.

Good luck all holders.

https://www.nickelinstitute.org/blog/2020/august/headwinds-and-tailwinds-facing-evs

D220,

Nah, just in a good mood. (Been a good week for HZM SP, long overdue)
Probably partake in a beer over the weekend though. ??

“And you may ask yourself, well, how did I get here?”

HZM a once in a lifetime stock..?

Talking Heads
https://youtu.be/5IsSpAOD6K8

This just feels more like consolidation than a pull back. Especially as AIM shares tend to fall back more than the 10-15% we’ve had. In addition the steady level of buying in the 5p & 6p zone to help keep a lid on things.

If as some suggest it’s more of institutional buying in may even get a TR1 RNS soon.

Looks like a bit of pigs ear this RNS and rushed out.

Annoying, but hopefully things will settle down and we will go back up.

Well I have to admit I’m very happy to see us over £100m MCap so quickly after the debt announcement and it would appear the SP might push on up over the next week or so, especially if JM releases some extra news.

Nickel is nicely above $15,200 this morning. (Doing it’s part at the moment to help our case on the debt raise).

On the Equity Raise.
It is probably fair to say JM will raise some funds through an Equity raise regardless of how high the SP gets. A cash injection beyond debt and pre paid off take is definitely needed to make up the remaining $110m odd to complete the finance package to fund phase 1. Hopefully it’s not much in share terms, but I’m sure the Institutional Funds will want in now they’ve woken up. City always seems to get in on the action at detriment of small PIs. (At least that’s how I see it).

Hopefully JM will make it a measly amount of dilution.

Good summary. Thanks

Think I won’t be the only one looking add a few more tomorrow.

Wrong link, lol

https://youtu.be/yp8Pmijj__0

Wasa

‘Do we have a believer’ (From Judge Dredd)
https://youtu.be/yp8Pmijj__0

Sorry couldn’t resist.

Over 43m shares traded today with a fair few over 7p. Nice consolidation over the £100m MCap.

Hopefully become a springboard for attack on 8p+ tomorrow (if that doesn’t sound too greedy/ambitious)

Wasa,

Wait for the first TR1 holding RNS, then we may well see a new wave of buyers as this will formally signal institutional buying.

NM

60% ISA 40% SIPP form me (at least till I trim a bit around the finance deal)

But when this is sorted genuinely believe this is going to on a lot higher. £100m Mcap should now start to see a few heads turning, if hasn’t already

Flavourshaker, agree that the SP is in an upwards projection and looks to heading for north of 10p. What makes me slightly cautious on the higher price might be if JM takes a larger equity deal than is necessary, ie raise more to fund next stage development on Vermelho and keep some cash for over runs. (Mind you if Nickel plays ball, all bets are off).

Hard not to get carried away after years of pent up frustration at not seeing anything like fair value. Still I suppose it allowed me to get an extra million shares than I was planning on. Hope that’s all behind us now.

Craigieboy,

Geez, don’t people sleep here, lol.
Well as I was banging on around 10p as a fair point

I will say 10.5p, please

Reckon the SP may run up past that, but that’s for another day.

ARAGUAIA NEWS FLOW

KEY FINANCIAL ISSUES
Equity Raise
Debt Finance
Potential Brazilian Banks named for Part of Debt package
Royalty Agreement (May not happen, but could be attached to phase 2)
Off Take Deals (JM speaks of Teir 1 participants)

ADDITIONAL NEWS
TR1: New Holdings &/or Increased positions
Mine Team News & possibly an actual programme
Pre Orders for Construction materials/plant
Power/Utility Contracts

VERMELHO NEWS FLOW

A)Orion Royalty deal (monies used to progress Vermelho to complete full BFS)
B) Potential Partner, although this would impact on A)

GENERAL NEWS (That might impact on sentiment hence the SP)
HZM presentations/interviews/Twitter
Tesla Battery Day
Nickel Price
Nickel Supply / Demand (Battery or SS)