The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Luke, until they at least begin to get infrastructure in place the nickel is worthless. I think this company has strong potential for investors but a good few posters here acting like the nickel has been processed and sold already.
tillidjohan - as much as I love Private Eye Christopher Booker is a famous objectionist. He also denied smoking causing cancer (because he liked to smoke) despite Big Tobacco having that information decades ago and hiding it.
The book you mentioned suffers from common pop culture skepticism where you take a position and then try to use unsubstantiated claims to back it up. Brooker does provide research for the book but the research is debunked opinions on skewed facts - his primary argument that solar activity is the main culprit is literally a Koch Brothers objective and talking point for everyone they back. Jordan Peterson enjoys a similar popularity on the same concept of working backwards from conclusions.
This is not a dispute around ICE being obsolete (Luke is only one with that thought) but to be sceptical of climate change because there is consensus in the scientific community, including over 4000 independent research reports, is nonsense.
You maybe highly educated but you are not more educated on climate change than independent scientific research groups on the matter. Further, had you really done thousands of hours of research you would hard pressed to find those offering other theories to man made climate change who have not been proven to hold financing from vested interests.
When the minority voice is proven over and over again to have financial agenda compared to the (global) majority of experts with no financial incentive and you still claim scepticism on the matter you immediately undermine any other tidbits of advice you pass on on other topics.
I know, what a turn the chat took!
Unfortunately a common symptom of overexposure to online communities is scepticism without critical thinking. I only started posting here when I started seeing chat about huge SPs up and down without any relevant immediate evidence.
Hope you don't mean me, I have been a lurker and holding since many days of 1p - I am just curious about the feeling of the runaway future SP's people are posting and it pushed me to start posting.
There is lots of talk here about true value of the company with over a billion in the ground and the commodity price accelerating but does anyone have any case studies of similarly successful scenarios? AIM is littered with small resource firms holding assets pending feasibility or funding. I am hoping for the best with HZM but there seems to be very little hard evidence that HZM are any difference?
The royalty agreement was a good vote of confidence and price jumped relative but seeing 30p+ being thrown around before any infrastructure is in place, let alone the first bit of dirt moved, on the idea of future nickel shortages seems commonplace to a lot of AIM firms.
Perhaps I am too jaded from days working in oil exploration and having proven assets turned down for all sorts of reasons.
I topped up at just under 5p but I am here for the long haul and felt there was chance of a sudden order pushing it up compared to a slow trickle down. Took the risk of avoiding considerable higher cost vs. slight day 1 loss. Overall up as most bought in at 1.92