Member Info for Nthoftheriver

get finish above 5p before the bank holiday weekend. (150K @ 5p just paid)

Lol... Anything below is mental abuse..

Nice one Gunner, love the optimism

Gary’s, we have effectively a Nickel district consisting of Two Tier 1 Assets (Araguaia & Vermelho) plus Serra Do Tapa. Just can’t see anyone getting us on the cheap.

We have Teck & Glencore with direct vested interest add to that Orion and Vale who clearly have a good idea as to what we have. I genuinely can’t see us being taken out on the cheap. Cheap Offer by our current SP ie sub 20p. Orion did a comprehensive DD on us and if we take JM view that royalty deal was done on a valuation of around 10p, so that would I feel we would be sorely done by on a low bid. JM says we have 3 Onca Puma’s, so he won’t let it go cheaply. What that actually means is clearly up for debate, but our low SP should be used as a yardstick.

I agree Teck, so probably can most of the majors. Just questioning the price they will have to put on it to get us and if others would meekly sit by and let two Tier 1 assets go without a bid of a challenge.

The question who can afford us. If you were Tech and say Glencore came in with a bid or visa versa are you going to be happy if it’s cheap (considering you what the potential should be). Alternatively would either Teck or Glen or even Orion be happy with a low bid. (Speaking from the point of view that we have no value attached to Vermelho and a low value attached to Araguaia).

The problem is that a lot of the majors now need to be seen to be prudent with how they buy assets and so may actually have to wait for the assets to get the finance sorted to demonstrate value to their investors. If this is the case reckon the partnership route may be only real way to secure a position in the new Nickel Mining District.

Speculation on my part but things are getting very interesting now, especially as Nickel is the right side of $14K .

https://www.cnbc.com/video/2020/08/19/airbnb-confidentially-filed-draft-ipo-documents.html

May go public later this year or early next year.

Hi Gower, attended the two AGMs before this years Covid impacted AGM. Must admit I don’t recall talk of a special dividend then, but that doesn’t mean he didn’t say it. It may have been more to an attendee as a side conversation prior to the AGM and Q&A after the voting formalities. Certainly recall that dividends per se was raised and just mentioned that they would see that as part of the business being profitable.

I suppose this also depends on what plans are in place for Vermelho and how it’s developed/financed

Nice thought though.

https://auto.economictimes.indiatimes.com/news/auto-components/shanghai-exchange-to-allow-delivery-of-nickel-briquettes-amid-ev-push/75632152

Worzel, what are the rest on? Hopefully not wacky backy.

https://electrek.co/2020/08/19/tesla-gigafactory-nevada-battery-production-line-panasonic-invests/

wasa,

As TDT says depends on Nickel price for me also. Agree on the 10p+ around the finance. May be more 20p+ at production as that’s 2 years from end of this year. We would have Vermelho news to add into the equation. Can’t believe the board will just sit and not push on with further work on the development plans for Vermelho during next year

https://uk.reuters.com/article/uk-gm-china-ev/gm-says-over-40-of-new-china-launches-in-next-five-years-will-be-evs-idUKKCN25F1JI

Seems a few of us are in ACP. I’ve only got 400K shares @2.5p in their now. Originally got in around 1.4-1.7p, but sold most when it got to around 3.5p, previously. Bought back a smaller amount in the mid 2ps and will review on news.

Feel more comfortable here over the long term. (Although I’m sure others will feel the reverse or hold onto to both).

Sorry for the typo’s need to pay more attention, especially as you can’t edit posts.

wasa, tend to agree that Vale is favourite to be on the list of equity investors.

We have a Nickel District who would want in. ;)) 3 player clearly know what we have.

TECK - are a major shareholder, but more importantly on the board, so fully conversant wit the 3 assets.
GLENCORE - also a major shareholder and we one of the assets (SDT) so they have a good idea what we have.
VALE - Well the sold us Vermelho, albeit at the lows of the market (good for us, well the board) and they spent a fair bit on it. Think they will want to be in on the action as Nickel prices rise.

Nowadays it appears the big miners are not going to splurge moneys on hit and hope assets as previous decades. They have to be more accountable and with ESG on the rise they will be more selective on where they invest.

All bodes well for us me thinks.

Hi JepGambardella,

Agree with what you say, I suppose thats why like others here it’s best to invest via a good investment trust with managers who have experience and researched these companies. Putting financial metric on say Amazon when it was just starting out and selling books online wouldn’t get you far in comparison to where it it now. Even now Bezos will spend billions to invest in growth and not worry about short term profitability. Hard for traditional Investment managers to take a view on earnings alone and extrapolate Amazons Growth without some vision and understanding of the man in charge. Not disrespecting say a Warren Buffet style of investing, but a different approach is perhaps needed on such stocks.

For my part I hold different funds and styles to help get a balanced portfolio. Hedge my bets so to say. Doesn’t stop me losing short term in a market wobble like we just had. But let’s me sleep easier.

Ron Baron CNBC interview June 2020
https://www.cnbc.com/video/2020/06/09/ron-baron-tesla-spacex-elon-musk-room-to-grow-squawk-box.html

Kathie Wood (ARK Invest) CNBC Feb 2020
https://youtu.be/ZSQTA2EMWk8

If you want further understanding on Tesla and it’s future price potential. Look up Ron Baron (Billionaire) and Kathie Wood of ARK invest and see what they think Tesla’s share price might hit. I reckon they see well over 10-15K USD per share.

Chimath Palihapitiya (Venture Capitalsit, early Tesla investor and Chairman of Virgin Galactic) recognises that Tesla is more than a car company. The battery technology, energy storage (for private and industrial scale grid) is not considered by the market as they just look at the EV bit. Then add in the solar panel business.

If I remember right, Chimath was a very early investor in Tesla.

Wasa,

... Not saying this isn't investable at 10p but who the hell wants to buy 10p when you could have got 3.4p...

Hopefully the Institutional Investors who will be part of the Equity raise.