Member Info for Nthoftheriver

Thanks themuir,

Just finished watching it again and no doubt will be watching again over the weekend to glean salient points for reference.

Ideally I would like to add more, but will have to wait for monies to be freed up. Shan’t complain if the SP moves too much and miss the boat.

Welcome Chaps

Thought it was worth a look at. Nice to see that JM acknowledges need to get Market Capin the next 6m months up (over 100M) and that this requires news flow. Vermelho being the first of the pieces to set this in motion. Especially as no value has been put on this asset to date.

https://twitter.com/cruxinvestor/status/1182576123676450816?s=21

The PFS for Vermelho is I understand to be based on a smaller zone than was taken by Vale when they sent $200M looking at it. So assuming it’s all good and as the video suggests a getting a partner on board they could eventually ramp up the scale of the mine. So plenty more scope there. Reckon the partner will be a big player and will drive the project. (Just my view thought).

Thanks for posting your feedback mjb.

Sadly JM being a geologist means his timescales can feel almost glacial. Lol.

https://www.adamasintel.com/nickel-use-ev-batteries-2019-h1/

Added a few more (2x100K ) this morning into my SIPP.

Hopefully a good week for us here.

Only concern is that once again the board fail to deliver on a self imposed deadline. Some might form the opinion that something being amiss.

Hopefully it will all be worth the wait and more.

Good luck all holders (back to the Rugby WC).

The Numbers Are In, Automakers Should Be Worried

https://evercharge.net/blog/the-numbers-are-in-automakers-should-be-worried/

Topped up this morning. Now at average price just under 1.8p.

I’m happy with that. (No doubts I will wish I had bought more, but then that would mean I’ve done alright with my holding - a good place to be).

Good luck all holders

Great News indeed

Just in case you haven’t seen it before. As we start on the upswing of development on Araguia.

https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/

Hi Luke,

Apologies if I came across a bit curt. Not intentional. More a case of frustration with the SP and concerns over the idea of further delays. (Our SP was marginally below here prior to us even getting Vermelho).

Getting a bit jaded I suppose. Ah well almost Miller time.

Good luck all holders.

Hi Luke,

Personally would not want to see the date of the PFS drift further. The board will have to focus on funding on Araguia and getting that mine online. Plenty of time for them to get on with Vermelho. A PFS should assist with getting a suitor/partner on board who could do the heavy lifting on progressing Vermelho at a better clip.

Sadly being on Aim we can be unduly punished for perceived delays and we are already substantially undervalued. Don’t want a takeout on the cheap due to our low SP.

China Mulls Goal of 60% of Auto Sales to Be Electric by 2035

https://www.bloomberg.com/news/articles/2019-09-06/china-mulls-target-for-60-of-auto-sales-to-be-electric-by-2035

Added a little more @1.95 as small amount of funds became available.

Good luck all holders

Apologies Shearclass, see you’ve covered this already.

Quite right EB, see item 4 of the RNS: Discretionary Clients.

https://www.businesstimes.com.sg/energy-commodities/nickel-likely-to-hit-us20000-a-tonne-on-indonesia-ban-goldman-sachs

Thanks BWM,

Good points you state there and yes it’s Africa so need to remind myself not to personally get overly exposed in terms of my position. Still looks a bargain price down here from what I’ve gleaned so far.

Good luck all holders