Member Info for Nthoftheriver

Only hold a small amount here (180K) in my ISA, was hoping to build a position around 1.3/4p before things took off on Friday. Still not complaining (Average is just below 1.5p).

Kind of hoping you are right on your timeline Backwoodsman, be a nice run up to Christmas (3/4p).

Thanks for the MS video links chaps. Maybe get a few more of funds and price allow.

Video report with Chap from McKinsey. (Worth a look Imho)

...Why nickel prices are surging, after Indonesia confirms plans to ban ore exports.

hTTps://www.bnnbloomberg.ca/video/why-nickel-prices-are-surging-after-indonesia-confirms-plans-to-ban-ore-exports~1768079

Vale Indonesia, the country's largest nickel producer, said the government's planned ore export ban will give the country a strategic advantage and bring positive impact to the local nickel industry and the Indonesian economy in the long term.

https://jakartaglobe.id/context/nickel-ore-export-ban-is-good-for-indonesia-vale

Not to mention that

A) the SP was around 3.7p when the Araguaia BFS was released and
B) the last Director share options kick in at 4.8p.

Hopefully we'll be soon above both these prices soon.

https://twitter.com/andreahotter/status/1163815269476663299?s=21

#Nornickel sees 2019 #nickel deficit narrowing to 60,000 tonnes. Cites Indonesia and China NPI output growth, Indonesian export ban in 2022 or earlier putting around 10% of work output at risk, and electric vehicle battery demand growth.

https://www.afr.com/markets/equity-markets/nickel-booms-as-supply-deficit-looms-20190816-p52hvt

https://investingnews.com/daily/resource-investing/base-metals-investing/nickel-investing/horizonte-nickel-deposit-battery-market/

Very much in agreement Qualia,

At the AGM, Owen Bavington pointed this out. Stating a royalty agreement would put a base point on the SP. I doubt It would be anywhere near the current SP level. I got the feeling a royalty agreement wouldn’t be far off, but we shall see.

"Just wait until the announcement, the point is we want to move to downstream. We will speed this up," Pandjaitan told reporters, according to Detik.com.

The ban is aimed at making miners process minerals in Indonesia, a major exporter of nickel ore used mainly in the stainless steel industry.

https://www.reuters.com/article/us-nickel-indonesia-idUSKCN1V2158

....Even at the current price, projects outside of Indonesia are still short of an incentive level for economic viability which Roskill puts at over US$20,000/t but, in reality, needs to be higher.

https://roskill.com/news/nickel-prices-spike-amid-indonesian-supply-speculation/

https://www.mining.com/web/china-molybdenum-seeks-opportunities-to-beef-up-battery-metals-business/

....Among the battery raw materials, CMOC would be interested in taking a deeper look at nickel, Li later told press at a briefing. https://www.mining.com/web/china-molybdenum-seeks-opportunities-to-beef-up-battery-metals-business/I’m sure others are gonna be getting on the acquisition and/or partner trail. Hopefully not long now for some news on PFS or finding even.

https://news.metal.com/newscontent/100960086/Top-Philippine-high-grade-nickel-ore-supplier-to-suspend-mining-in-Oct/

...Hyundai Motor Co., India’s second-largest carmaker, plans to set up a lithium-ion battery manufacturing plant for its affordable electric vehicles designed for the Indian market....

https://www.livemint.com/auto-news/auto-firms-take-cue-from-govt-gear-up-for-future-beyond-petrol-diesel-1563471585692.html

I don’t have level 2 so maybe completely off the mark, but last few trading session have shown a lot of selling. May be a sign someone is accumulating behind the scenes as we haven’t dropped in price any further. May be wishful thinking on my part though.

Good articles posted chaps.

Thanks for posting your feedback on your conversation with JM.

...Cobalt, nickel, other battery metals face supply crunch by 2020s — WoodMac

https://www.mining.com/cobalt-nickel-other-battery-metals-face-supply-crunch-by-2020s-woodmac/

Funny didn’t see the RNS of them crossing the 10%+ mark, a quick look at the key shareholders on HZM website shows them holding 9.9% as of June 20th. Wonder if it’s just some housekeeping. But then, as they say, WDIK.

Be good to see some news on find or Vermelho next week.

https://horizonteminerals.com/uk/en/significant_shareholders/

Nickel hits one-year high on strong China demand and EV hopes

...This rally started in Shanghai with better than expected stainless production in China leading to heavy buying [on the Shanghai Future Exchange] by one large consumer,” said analysts at Macquarie. “Combined with reported heavy forward buying by European auto producers on the 2023 contract (for future electric vehicle demand), drove prices though key levels causing major short covering of speculative positions and, more recently?.?.?.?chart-based buying.”

hTTps://www.google.co.uk/amp/s/amp.ft.com/content/9312a1b2-a958-11e9-984c-fac8325aaa04
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Lol,

Don’t post much here, mostly on advfn site (uapatel)

Good to see that few on here still get the story. Hard to believe the SP is still below the SP when Vermelho was purchased, over two and half years ago.

Keep up the posts.