Member Info for Rover62

https://www.bnamericas.com/en/interviews/how-horizonte-minerals-brazilian-nickel-projects-are-advancing

Contrarian,
Why don’t you just admit it that you got it wrong.

They are options to buy the shares at a given price. They are NOT free!
It is an option to buy, so they don’t have to, so have not parted with money today.

Options are an incentive, a carrot.
If the board do well they get rewarded. What’s the problem with that?

Contrarian,
Mis information again!

Options are NOT free. They have to be bought at the price indicated.

Please get your facts right as you keep saying the PIs need to know them.

I should say in a time frame of about 4 years.

In my opinion if the board of directors achieve a share price of £4 and a dividend of 20p+ PA then they are worth the money we pay them as we will be rewarded handsomely ourselves.

Jeremy Martin And Simon Retter taking up option.

Directors getting skin in the game.

That’s ticks another box.

Looking good.

It correct, slide 22 of the presentation.

Funky,
The only funding for V is for the feasibility study. It’s $25 million provided by Orion.
Once that’s done the process of financing V will start.
This is from memory so will have to check.

Funky,
Sells? Don’t you mean buys?

Funky,
Stage 2 CAPEX is $251 million as stated on slide 12.
Slide 11 states that this is from stage 1 cash flow.

Are you meaning something else?

Funky,
Funding Araguaia stage 2,
https://horizonteminerals.com/news/en_20220630_corporate-presentation.pdf
Slide 11

Funky,
Just a small correction. Araguaia stage 2 will be funded fully from the stage 1 cash flow. No need to raise any more funds.

The majors will already set out their investment strategy and unless the company itself has a major disaster then they will be going nowhere.

They will be looking at the position in 5years time.

I’ve not been able to find out who if anyone has a short position in HZM. Nothing has been declared on the short register.

Anybody out there with info on any shorts?

Wow!

Is this a start of a new relationship with Lawrence and Contrarian agreeing.

Lol

https://diariodocomercio.com.br/economia/horizonte-minerals-avanca-em-investimentos-em-niquel-no-pais/

? Marks are not intended to be there. A cut and paste error. Sorry.

Although the target price has been cut all but one has a target above the current share price.

Rio Tinto price target to 4,500 (4,800) pence - current 4835?
Glencore price target to 700 (770) pence - 431?
Anglo American price target to 3,175 (3,400) pence - 2824
?Antofagasta price target to 1,450 (1,645) pence - 1113?
Endeavour Mining price target to 2,500 (3,000) pence - 1678?
Fresnillo price target to 770 (880) pence - 683?
Gem Diamonds price target to 60 (80) pence - 44?
Petra Diamonds price target to 100 (115) pence - 92

You may want to look at the FTSE 350 mining index.

24/9/2021 - 19457
Today - 9344

A 52% fall

https://www.shorttracker.co.uk/company/GB00BMXLQJ47/