Member Info for Nthoftheriver

Show me the money...

Reckon, most here are close to fully loaded or overtly over loaded on shares here. I think we are at the “Show me the money stage“ now, so it seems we will only really move up when the deals land. Hopefully not long.

Might add I’d like to be wrong and we move up prior to that.

Bought another 25K @ shade under 12p. Hard to see what is bad with the RNS, but as has been suggested the selling is still on going.

“Futures so bright gotta wear shades”

Anyone got a handle on the large buys going through. SP seems stuck at 3p, is there a big sell being worked?

Small add this morning, brings me back to below 3p. See what panic US has before next add.

Lol, meant 11.6p. (Yeah 2.6p I wish)

Well, decided the pull back was worth taking a small position here, 25K shares at 2.6p early doors.
See how things play out over w/e in markets and top up next week.

Not disagreeing on the prospects, but just want to see how in the next few months things play out and if timelines stretch review then

For me it’s difficult to assess with all the gyrations in the global markets going on. Hopefully OPEC+ don’t mess up with attempts to sneakily undercut each other.

Don’t have a big holding here, just above 3p and seeing how things play out short term.

Hi wasarunner,

Been in this from sub 1.5p days, traded it when it initially went into the 3-3.5p zone, bought back around recent dip around 2-2.5p. For me HZM is my big holding, but like the possibilities here, at least over the next few months.

Some knowledgeable peeps (not me) on here, but maybe worth looking into some videos by moneysponge.

Last updated video link
https://youtu.be/Wpydic635jA

Also worth a listen to the CEO of Black Rock Mining who own the site nearby and are further down the development route that ACP are. (March 2020)

https://youtu.be/Wpydic635jA

Hi Harkin,

Fair point on trying to get onboard new investors. I suppose it’s my jaded view, as have been holding for a few years and seeing most of the presentations/videos released in some shape or form previously. At times progress feels glacial in progress, but we are the business end on Araguia and it would be a great boost to see a bit more news on Vermelho.

Hopefully the nickel price will move steadily upwards so as to bolster the investment case for new investors, let alone keep some of us jaded holder happy. :))

Good luck all holders.

Only problem is the average investor isn’t going to push this up to where it needs to be. They need to get real institutional investors and they probably won’t be swayed by a few tweets unless it’s Elon saying he’s buying. Lol. Reckon if we get to 7p or thereabouts (£100m Mcap) we will probably see a lot of selling by small PI’s without some substantive news flow to back it.

Don’t get me wrong I want to see the SP rise, but this is just tame PR without a proper build up, so hopefully there is more news to come.

Maybe POSCO are keeping their options open and waiting to see what we’ve got, lol.

Think it’s very positive on the whole. But then I’m invested here so would say that.

Good luck all holders

https://www.bloomberg.com/news/articles/2020-06-07/a-million-mile-battery-from-china-could-power-your-electric-car

Does look like Vermelho timeline is going to be compressed in terms of the organisation of funding/partnership.

Just trying to get my head around the whole Nickel Sulphate development costs. HPAL isn’t a cheap process, yet it appears Indonesia (via Chinese Companies) are progressing 3 plants. Wonder what costs they reckon they need to be financially viable, certainly isn’t around the current Nickel price. Then also how many other miners are going to advance Class 1 projects with a low Nickel price unless they also forecast higher prices in the coming years. Sounds to me like some institutional analysts are saying one thing (low nickel prices and their own banks are doing another (acknowledging it’s gonna be a lot higher sooner than they are saying). I suppose it would be the first time. Lol.

Link to Woodmac article

https://m.miningweekly.com/article/woodmac-predicts-surge-in-nickel-in-sulphate-demand-2020-06-08

https://www.worldbank.org/en/topic/extractiveindustries/brief/climate-smart-mining-minerals-for-climate-action

https://twitter.com/horizonteplc/status/1269900903068434434?s=21

A new @WorldBank report, Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition highlights the growing demand for metals including #nickel & #cobalt and the importance of #sustainablemining. #climatesmartmining #HZM worldbank.org/en/topic/extra….

MS has put out an updated video for anyone interested

https://youtu.be/Wpydic635jA

Reckon it’s dj doing some sneaky trading, lol.