Member Info for Nthoftheriver

All this talk of gaps. Blimey you just can’t make it up . If people are so sure the Gap needs closing best sell up and wait til we hit 3.4p and close. I mean 4.5p to 3.4p why not take the 30% profit and buy a shed load at 3.4p.

Personally I can’t work out why it would drop that far on a bit of small trader profit taking. I mean we’ve had RG, JPM and now Numis, so who else needs to get out with news pending.

The last few days volume has been a lot of buying with I’m sure new investors seeing financial deal in 3-4 months with associated news flow.

Nice to see it up to $14,700

SDT: Good way to extend mine life on Araguaia or add a further phase later on

DJ, agree that storage of electricity via battery grids is going to be a growth sector. Elon taking that Australia project on was a brilliant bit of PR and has proved him right.

Nickel may well be utilised in the batteries, but the may have a mix of battery types in the long run as energy density and weight won’t necessarily be a restriction. But bodes well for the future.

I am really pleased to see this report and feel this is another positive long term but also for the Debt & Equity raise. Big houses are now having to pay a lot more attention to ESG issues and not just green washing. Although Araguaia debt would be a stretch to say become a green bond, it would let Banks and other institutional investors support in placing monies in HZM.

Larry Fink (BlackRock) letter to CEO
“...As an asset manager, BlackRock invests on behalf of others, and I am writing to you as an advisor and fiduciary to these clients. The money we manage is not our own. It belongs to people in dozens of countries trying to finance long-term goals like retirement. And we have a deep responsibility to these institutions and individuals – who are shareholders in your company and thousands of others – to promote long-term value...”

https://www.blackrock.com/corporate/investor-relations/larry-fink-ceo-letter

Over 20m, looking to be a good day!

It’s published today or at least this month, as HZM ramp up News & PR.

He sponsored it, lol

https://horizonteminerals.com/news/en_20200817-sustainability-report.pdf

Nice to see it power through $14500 this morning

wasa,

That would great considering it looked doubtful a week ago.

Also anything over 7p should start to tick Institutional thresholds box. (£100m MCap)

As I said Luke always wanted you win our little price game. Lol

TDT

interesting article, thanks for the link

The board is made of experienced miners, they clearly know what the potential is and have really mapped things out well to date. I mean they picked up Vermelho at an amazing price knowing the Nickel cycle. I kind of feel they won’t let us go cheaply.

If an external player comes for us we have Glencore and Teck who will have a day on the Sale price. On the other hand if Glencore & Teck for a buyout consortium, then thats different, but hopefully Orion or another will see the value of a mining district.

I hope this is now finally the moment we start to really the SP move upwards not stalled by yet another seller or institutional party keeping a hold on the SP while they take a position.

Little bit of coverage, maybe we’ll get more as news flow kicks in.

Meanwhile, Horizonte Minerals advanced 22 per cent to 4p after signing up five international banks – BNP Paribas, ING Capital, Mizuho Bank, Natixis, and Société Générale – to arrange a US$325million debt facility to get work underway at the Araguaia ferro-nickel project in Brazil. This was seen by the market as a major tick in the box for the asset and a vote of confidence in the management team, led by Jeremy Martin.

https://www.dailymail.co.uk/money/investing/article-8627623/SMALL-CAP-MOVERS-7digital-Group-PLC-rockets.html

... The Osborne effect is a social phenomenon of customers canceling or deferring orders for the current soon-to-be-obsolete product as an unexpected drawback of a company’s announcing a future product prematurely....

https://thedriven.io/2020/07/07/the-osborne-effect-why-new-car-sales-will-be-all-electric-in-six-years/

For those that follow Myles on Twitter.
https://twitter.com/mylesmcnulty/status/1294293954939301888?s=21

...Finally back into #HZM, after having sacrificed it during the #COVID19 fallout.

More to scale in over coming weeks.

Extended notes to follow, but for now: following the $325m debt package secured for Araguaia, I think HZM should be valued at well over 10p in its current state....

Myles was a Micro Cap Equity Analyst/Micro Cap investment manager.

Lol, I’m just a Retired Architect, so best not take Mining technical assessments from me. (Especially with my dyslexia and word blindness).

Thanks WaitingRoom.
Good set of information in that document

https://horizonteminerals.com/news/en_20200814-hzm-q2-mda.pdf

Well done VauxhallViva on your recent adds. Good to see peeps feeling positive on the stock. I’m coming up to 4years from my initial holding here and have added more and more along the way. Nowhere near wassarunner, djryan, craigieboy or a few others on here, but very happy with my holding and feel more and more confident of where we are heading.

As an aside. At my first AGM (only around 8-10 attendees) sat next to a chap who had an average price of around 8p, so you guess how long he was invested for. Know of others who’ve been in for 8years odd. Figure everyone invested will do rather well here, but then I would say that.

Good luck all holders