Member Info for Nthoftheriver

Fantastic news

Anyone got any view on the large buys. Seems we are being held here to let someone accumulate, or at least that’s how it feels. Can’t believe we still got a big player trying to offload stock.

Still have added a bit more recently. Nice to see Nickel reversed from the lows of the morning.

Appreciate many can’t be asked to view, but this one covers, SS, Philippines, China and Indonesia demand and supply, if you’re interested.

https://youtu.be/1ThlAEFTaSE

Sorry got wrong end of the stick.

Yep totally agree Araguaia is a company maker in its own rights. When I initially bought shares in HZM we didn’t have Vermelho and the story was sound then. Even more so now with the likes of Orion having done the due diligence and stumped up $25m.

I suppose the point about SS or EV discussion is a fair one. But to me, at least, is that whilst Araguaia is for the SS market, the growth of SS demand is a steady say 5-6% year on year, (assuming no further cheap output by Indonesia impacting prices). As has been said EVs will ideally push the Nickel demand up, so hopefully the price of Nickel. Hence my interest.

Look at the HZM website and the sliding bar on what $16K or even $18K now to the Nickel price does to Araguaia and to our profits. So yes it’s SS for now, but the EV story just injects a better Nickel price line and greater investor return. I suppose I’m not at present looking too a long term investment (3yrs+ already) and at a mine development and subsequent dividends. If I can a realise decent return in the couple of years that would suit me just fine. (Although that might change with time and news ;)).

http://m.theinvestor.co.kr/view.php?ud=20200810000820

Great news

https://twitter.com/antmwah/status/1292446955881336832?s=21

... latest move back into the lower range of the RHS all looks to have been sharply accumulated. Anything in this 3.10p-3.40p area should be good value. Set-up requires attack of the neckline at 4.20p initially, extensions 4.67p-5.40p, 6.77p & measured move up around 7p

https://www.mining.com/web/sumitomo-predicts-record-loss-as-covid-19-hits-nickel-project/

Reckon this about sums up things at the moment.

A) Miners who are producing having to deal with Covid impact on operations.
B) Low Nickel price, not much incentive to develop (regardless of Elon’s request) or do any more than churn out product to keep cash flow going.
C) add in Indonesia keeping to some extent a lid on prices with its low cost nickel output. (Although I’m sceptical on how low cost it is).

If battery makers want more Nickel, we are going to need a lot more than $16K nickel prices. Good news for Araguaia, as now technically in a good cost base position. Hopefully as Nickel pushes towards $16K Vermelho really comes into to its own, maybe then we might actually see some value attached to it.

DJ,

Fair points, just feeling a bit jaded I suppose. I liked to think some real news flow would be gearing up soon leading up to the end of Q3 (8 weeks off).

Incidentally we have a mining Director and yet nothing news wise on that side of the business ie program/in house team. Hopefully he’s off securing/looking into cheap equipment in light of the exchange rate.

Katie Millar on the Sustainability side, hopefully more on the ESG and carbon footprint credentials to come. How we might compare on the Elon equation.

Any way let’s hope we are soon shot of the seller and really can see news flow happen ideally before US elections start to drag on markets

https://www.linkedin.com/pulse/happy-second-anniversary-integumen-gerard-brandon

Rover,

Agree that Elon’s Powerwall and more so his Grid scale battery storage plants, like the won he built in Australia are going to need a lot of Nickel and be a genuine focus of the business longer term.

https://www.proactiveinvestors.com.au/companies/news/925730/tesla-ceos-challenge-sets-stage-for-starring-performance-from-nickel-925730.html

https://www.kitco.com/news/video/show/Kitco-NEWS/2925/2020-08-05/Why-Elon-Musk-wants-more-of-this-metal-produced#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DKitco-NEWS

Hope you’re wrong on the dates Q3/Q4. As JM has already pushed dates back at least twice. If he can’t get things sorted with Nickel bubbling at $14K, Elon pushing miners to get on with it, EV demand increasing faster than predictions, Stimulus packages in China and US, well we have a problem. He would really need to explain what’s going on. Companies are listing on markets M&A is happening via Zoom, others are raising capital, so it’s not Covid stalling things.

Not saying a few months is in its self is an issue, just would really expect some clarity. The last dates were self imposed and so we should expect a reasonable explanation not just “a few bits need tidying up”. Especially with the pre announcement news flow to build the SP up is still needed to avoid a large dilution (and would be frankly a failure on the boards part with the assets we hold If they haven’t got this going). The only appeasement would be if it’s because the deal is done at a premium to the SP, similar to the Orion announcement.

Bit fed up of opportunities to top up at bargain prices and would mind seeing a bit of valuation parity.

LIVE FUTURES REPORT 05/08: Options expiry sees LME nickel price soar 4% at close; zinc follows higher...

https://www.metalbulletin.com/Article/3945250/LIVE-FUTURES-REPORT-0508-Options-expiry-sees-LME-nickel-price-soar-4-at-close-zinc-follows-higher.html

Now pushing $14,300.

Nickel nicely into $14,100 zone.

Looks pretty good to me Craiieboy, but I’m no financier. Reckon we must have completed all your points by now and be pretty close if not done on the key players who will be involved in the equity raise. Next thing must be getting agreement on the Equity portion share price raise.

I reckon we are waiting on small stuff to be sorted. Just can’t figure what would be the stalling point now, unless it was to ensure seller is clear and Nickel price stable and in a specific zone. Probably more wishful thinking on my part though. (8 weeks and counting to Q3j.

https://youtu.be/LuHfzFfHRrQ