Member Info for Rover62

I’m hanging around for the ‘promised’ drill results. Then I’ll make a decision what to do. I’m only in here with a very small amount dipping my toe.

https://twitter.com/minesandmoney/status/1600159840655257600?s=61&t=PIhzad6VCf5yOIztlOQk0w

I’ve made my first purchase of shares here this morning of £1000. It shows as a sale.

I wouldn’t like to see the CAPEX for a Mars project, lol.

Blackrock power MOU

https://www.australianresources.com.au/black-rock-inks-mou-for-grid-power-supply-to-mahenge-graphite-project/

I’m not currently invested but I’m looking to invest long into production building a stake slowly.
I’ve done my research and the fundamentals look good in the longer term and like the BOD.
However the Chartist technicals suggest this is still a sell.
What is the sentiment here?

One thing that ever Elon Musk cannot legislate against is countries and particular the EU bringing in legislation that mandate ESG credentials in products sold.
So HZM getting ahead of the game is essential

IMO

I personally hope to go though to production with my current holding. It give me a tidy income even at 20p a share. I’m at 50% by values currently in my PF so not going to invest any new moneys here. I was looking at other opportunities. I’m in at Armadale Capital and Goldstone Resources but wanted a more settled jurisdiction.
I’ve been looking at one of J
M’s other projects zinnwald lithium. Has an Looked at it?

SJ,
Just venting a little frustration.
I’m an investor here for the long term. I’m investing to eventually get an income from production.
I’ve been here over two years and added when possible. I’m at an average of 3.3p now having averaged down.
I’m not worried about, the SP as I know it will recover with news.

My only frustration is we’ve only had one piece of substantive news in the past 12 months.
I’m still happy to sit tight and have even added more this year.

I just feel the need to get some news.

Just holders getting tired of no news.

Other key contracts to be awarded

In section 18 of the FS it has some detail of what’s needed. The main outstanding contracts I can guess at would be for

Coal
Water
Any road upgrades
Other consumables

https://horizonteminerals.com/news/20210401_HZM-Araguaia-Project-NI-43-101.pdf

Nice article on our neighbours, shows what should be done.

https://www.miningreview.com/battery-metals/black-rock-minings-mahenge-shovel-ready-and-raring-to-go/

https://www.agenciapara.com.br/noticia/39776/parceria-contemplara-familias-agricultoras-de-assentamentos-com-incentivo-de-producao-agroecologica

Horizonte doing all the right things.

A big tick

Great news another tick.

Is anyone keeping a checklist of these as I was wondering how close we are to satisfying all these key conditions for the dept drawdown?

One key one is the coal contract.

They were not real buys, but, shares in lieu of fees.

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Todays news

Bank of America starts Horizonte Minerals with 'buy' - price target 190 pence

A link. However not much detail.

https://www.reuters.com/markets/commodities/ghana-orders-mining-firms-sell-20-refined-gold-cbank-vice-president-2022-11-25/

I can see the comments coming

“Mind the GAP”

Lol