Member Info for peabody

ERBIL — The federal parliament in Baghdad is reportedly going to hold a vote on the country's largest federal budget bill in decades this week.

"The parliament will vote on the federal budget bill on Monday. The parliamentary committee on finance is in a meeting now, voting on the final provisions of the bill, on articles pertaining to the Kurdistan Region in particular," Amanj Harki, an Iraqi lawmaker from the Kurdistan Democratic Party's (KDP) bloc, told BasNews today.

The bill might be sent to the parliament tomorrow so that a vote can be held on Monday," he added.

Baghdad and Erbil are awaiting approval of the budget bill in order to enact their cabinets' investment and development agenda. Payment of public sector salaries depends on approval of the federal budget, in Erbil in particular because KRG crude exports have not resumed yet.

The federal government of Iraq approved the bill in March this year. The budget covers public expenses for the years 2023-2025. The bill totals nearly 200 trillion dinars, with 12.67 percent of the overall budget being allocated to the Kurdistan Region. Erbil is supposed to share revenues from crude sales with Baghdad in return for its share of the federal budget.

#HZM is pleased to share a video of the rotary kiln, a key long lead item, en route to site, seen here passing through the Tucuruí hydro power dam lock.

https://www.linkedin.com/feed/update/urn:li:activity:7060145697915908096/

Most positive thing I have heard on this S..show for ages!!

Great find!! Thanks RedKite

Tornadotony
What about the scenario;
1. Most people are already fully invested and are just waiting for production?
2. Or people just think that they are in no rush as they still have a year to go before production?

both would lead to low volume?

Armasmaximilian

What sensationalist nonsense!!!

Are you an ex "News of the World" Journalist?

Mean case, very little happens, we just get aligned to a more experienced Oil Ministry, and start a steady improvement of sentiment. 55K BOPD at a more attractive market rate!!!

Just have to be patient for a bit longer.. There may be tweaks to our working relationships. But trust that Oil always finds it's way to market

Notice of investor presentation

Horizonte Minerals Plc (AIM/TSX: HZM) announces that CEO, Jeremy Martin and CFO, Simon Retter, will provide a project update to investors via the Investor Meet Company platform on 24 April 2023 at 14:00 BST.

Link to the press release: https://horizonteminerals.com/uk/en/press-releases/2023/notice-of-investor-presentation-2/

https://uk.advfn.com/stock-market/london/glencore-GLEN/share-news/Glencore-Offers-Cash-Incentive-to-Accepting-Teck-R/90736594

The London-listed Anglo-Swiss commodity mining and trading company said that accepting Teck shareholders would receive 24% of MetalsCo and $8.2 billion in cash.

Whats not to like about this predatory behaviour from GLEN?

£2B, of what's left in the pot to buy us... :-)

Declaration of interested parties by next Friday?? (14th)

Some very strange manipulation going on.. ??

Didn't Helikon Investments have some short dated investments dated at the end of March? (It could be them settling??)

No matter... Commissioning starts in 3 months :-) Hang in there!

Hazbeen.. Thanks

What are you using to see PEEL dropping off the BID?

Cheers

Hazbeen,
I wonder if this is the end of the drip seller?
Can you see the buy/sell weights? (Level 2 I think??)

Cheers

Monitoring Report 13th March

Yikes!!!

Surely
Little Deer has a decent firesale value.. (I would sacrifice this if no other options) gotta be worth few tens of million.?

Seen it done it.

I don't think you are correct. You must be holding the shares on RECORD DATE. i.e. TOMORROW

An ex-dividend date is the day on which a stock trades without the benefit of the next scheduled dividend payment. Instead, the dividend is paid to the previous owner.
The ex-dividend date is the day before the trade's record date.
The record date finalizes the transfer of the stock's ownership. The new buyer is now the owner of record and is entitled to any dividends.
The record date is set by the board of directors of a company and refers to the date by which investors must be on the company's books in order to receive a stock's dividend.
An ex-dividend date is set by stock exchange rules.
1
A stock's price usually drops by the amount of the declared dividend on the ex-dividend date.

Announcement of dividend
30 January 2023

Ex-dividend date
16 February 2023

Record date
17 February 2023

Final day for currency election
20 February 2023

Announcement of GBP rate per share
23 February 2023

Payment date
3 March 2023

Wasn't there a similar mining company that got bought out in Para Brazil recently for about 1B? Is that a sizing comparison?

I'm not saying we are only a Billion (with the thoroughly diligent way we have gone about the project(s) and the calibre of Insti investors). Hopefully closer to 2B.

With another year's worth of patience, we will be closer to knowing.

Lol your "So why isn't everyone buying more :)".. I think everyone has been fully loaded for some time and were looking for 12-15p old money post financing..

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

Wasarunner,
Looks like you use $20000 ish per tonne Nickel price?
I am sure that I saw an article some time ago from Wood Mackenzie (albeit an Oil company) that said a producer typically achieved a sale price of 60% NPV. BTW

Anyway I like your calcs (ballpark) and agree with the %, although I think you are being abit stingy with Nickel price. I would be more tempted to use $24000 in the next 12-18 months

If we did go down the sell route in the next 12-18 months, I would like to think using 24000 we might be pushing closer to the £5 mark.

Thanks for your response.. (and Rover...)

Does anyone know the NPV valuation percentages attributed at the various mining lifecycles?

Was wondering at what stage (Vermelho) starts to get NPV10 Value, now the Permitting has started

Ta