Member Info for Slubby

As someone said on the other board, it is only about 60 grand traded. HZM by now will have had to have paid Glencore a million pounds in shares or cash, HZM has the choice. That leaves them with millions to progress through to permits to build etc. Nickel price at the moment does effect sentiment, though it is what it could be in the future that will decide things.
We could do with them having some skin in the game, more than they have already, that would help sentiment. I shall be offering them a Go Fund Me page, in a week or so!

We must be related Flabby, I feel your pain. There is an easily found contact tab on the HZM website, let them feel your pain as well, they do reply.

They personally don't have a lot of cash ...
Article dated May this year said Jeremy Martin's pay in a particular year was up 26% to UK£397.61K.
I could save a bit to buy shares on that salary and I'm sure he will done so too.

In an investor call on the 31 October, someone who listened to it said director buys were expected once the closed period was over. They could max out on a credit card, or even two, the world and his wife keep asking me to have another one.

Or a job lot from Lombard, is that possible?

Their options were over 22 million at double the price. So I guess if they match that, it could take a day or so, then they have three days to report the purchases. So possibly next week? It is spot the directors' purchases until then, I'm going for round numbers.

I can understand JM announcing the date of the FS a few days in advance, he wanted plenty of buys to dilute the effect of the eternal seller. I think it made quite a few get rich quick merchants rush in, then rush out again after the FS. As someone rather aptly put on Twitter, were they expecting the Ark of the Covenant?

The two to one valuation with Syerston was on the cobalt asset, no idea if we have Scandium!

Have spent a few hours deleting screenshots, some old faithfuls have gone. Came upon one of last Feb, it states that JM rang this person and stated that Vermelho outperforms Syerston's valuation by two to one and should push our share price from 4p to 12p, was 3.97p at the time. Vermelho as yet does not have a market value and the plan is to move it along to a point of comparison with Syerston.
Araguia FS and ALL permits and licensing need to be in place he said, BEFORE marketing the company or it will just stall the promotion. He mentioned the Chinese and said they had bought up a third of Brazil's power supply and they need nickel going forward. He also stated a £100 million market cap would be helpful for investment. He thought we had the largest undeveloped nickel inventory in the world of a 100% wholly owned company asset.
Hope this blast from the past aids the discussion!

I think we were their number two nickel mine to develop, before they sold. They had their own problems back then, not so now, plus nickel is now more centre stage for the future.

Change is coming, and quickly. VW are switching van production to a Ford factory in Turkey (think that factory took the jobs from Southampton) so it can beat Tesla on price and probably timing with electric vehicles. The decision has been helped by several towns banning diesel. They are all going to be scrabbling to keep up soon and nickel will be needed!
Look at the High Street, did those in charge see it coming? I did very nicely out of Boohoo though.

He does love mining though. It was much harder with the previous govt. Think HZM got their second mine, because Vale had upset the officials, so they could not get permits. HZM support local schools, even a right wing government should like that.

Well some optimistic soul bought over 800,000 shares this morning! The stuff is there, it is needed, the mine lasts for over 28 years. We make a profit at a lower cost than most proposed mines. Even Trump and his trade war with China won't last that long.

Thank you, apologies, could do with a bit more publicity which you have kindly given.

Yes a fellow investor insists on calling him 'just the manager' because of his lack of shares. The question is who might he be managing it for?

I think the directors are in a 'closed season' for another week or so and can't buy until then.

If he bought at my price he may be under the table with a bottle of whiskey! I remain sober (for now), looking forward to director buys, details of the second furnace and construction permit.

Canadian punters know a bargain when they see it. Another point made over on AMC is that HZM have to post a 500 page technical report on TSX in due course, not required on Aim of course! So HZM is hardly a wishing washy firm offering vague promises. Nickel prices may stumble, but doubt if they wil be down, when our nickel comes out of the ground, don't think short term on this one!

Well worth popping over to AMC and seeing what the very knowledgeable and content investor in HZM says. So content that though he has been invested since Glencore bought Araguia, he has not popped over to cheer us up, he has topped up! We were number two in the nickel development list of Glencore, when they sold, if I remember it was not just nickel prices, Glencore was in financial difficulties. Well they are flush now, plus there is their very bullish thoughts on the upcoming shortage of nickel. Thanks Julian.

I more than tripled in Boohoo, as I bought when it was unloved, but that was after Quindell, so I needed it.