Member Info for Slubby

I can recommend the HZM website, plenty to digest on there.

I seem to remember they had done most of the expensive stuff earlier, they are testing the nickel from the second mine in Canada, but should not cost a fortune hopefully.

Thanks yet again RedRoy.
First prize for typo was Chukkers 8p one! I thought as long as it is not 1p!
Wonder what the lowest price the entity paid for the job lot from the distressed seller was? Hopefully had a 2p at the start, they will not want to sell at a loss,
Can't get Jeremy's 'the stars are aligning beautifully' out of my head, that is reported a hundred percent correctly, I am sure.

Hi Pickedpeck, a year ago nickel was about the same price and this share was over 4p, with no FS and no mine permits to build.
What we sadly had for at least the last six months of last year was an institutional investor selling every day, simply because they had merged with another firm. I guess we were too small for the new firm. None of us knew this though, every day the share price would be knocked back, after the first few optimistic buys. Theories abounded, miner mopping up ready for a cheeky bid was my hope. It took the stuffing out of the share price, then nickel fell.
Then the first part of the FS was released minus details for the second furnace, because these were still being calculated, the market did not seem to like it, the share dropped 1p in about a day!
Just getting steam up again with the rise in nickel and then the sad disaster with the tailings dam, hit the share again. We do not need dams, but people seemed to take flight.
A week or so ago we were surprised at so many sells, put down to traders taking profit, hit the share again, now obviously it was the hedge fund selling. So that is how we come to £30m.
I have been in at 4.4p through all of this, I am still optimistic, still sleep at night even with the daft company valuation, one day this old share may surprise us all.

When nickel price was last at these levels the share price was 3.90.

I wish health, wealth and happiness to all large institutional holders for months to come, we surely won't be this price when nickel hits 14,000.

Nickel prices climbed to a six month peak overnight as expectations of a fourth consecutive year of supply deficit were reinforced by signs of robust demand from stainless steel mills in China.

The price has risen 24% this year, the best performer among LME metals.

You can tell me hours late if we reach 3p again, last seen months ago.
I may need sedating, probably always do, some might say.

The boss of Glencore is taking home £186 million in dividends this year, think he bought his shares when they were cheap. Be nice if those in charge here emulated that and Glencore have mopped up some more.

They apparently lost two thirds of their money (several billion) with a bet on volatile markets.

I am more than that down (in percentage terms only!) but Jeremy has said that the stars are aligning perfectly ......

I think investment funds have to hold a certain amount in liquid assets, guess that is cash. Wonder if it is Richard Griffiths? If it is JP we won't be the only ones to suffer! Stand to be corrected on all points of course.

Nickel 13247, you have got to laugh! Poor old BOD long way from 4.8.

In case you are too panicked to open Early Bird's kind message, it is straight from the company and they say No Placing.

They are having a good discussion over on other side regarding timing of financing. On HZM website there is a timeline with a big arrow and a dollar sign at the end of quarter two with the title Project Financing.

Another arrow in the middle of quarter four saying Final Investment Decision.

Nickel price not been higher since last August, when this share was approx 3.8p.

Hyundai pledges $40 billion of spending - Electrified and autonomous vehicles.

Worth saying twice in my opinion.

I really am in again! Could not resist, last ones were 2p dearer! Could understand the price if no one could see any demand for nickel in the near future.

I really am in again! Could not resist, last ones were 2p dearer! Could understand the price if no one could see any demand for nickel in the near future.

I think Jeremy has mentioned $14k for nickel, being the price wanted to easily facilitate HZM funding. A lower price would attract less advantageous funding, nickel currently over $13k. HZM nickel comes out of the ground at a cost nearly $5k lower, so someone will build the mine! They will have to get the shares from our sticky fingers and the two large miners (or one large miner) never forgetting that the share options for those in charge and key workers are 4.8p.
Even I would be in profit at that price! I would have thought it would do better than that though.

Welcome! No flies that I know of, I've been here so long I actually paid nearly 2p more for some of my shares!

I don't feel trapped, thought it was worth that price at the time and more, still do.