Member Info for the_watcher

Started looking at this to buy in at some point. Anyone have any views on a share consolidation happening at some point or do most think we'll stay with the current amount of shares in issue?

Your 'guess'.......wow, thanks for that.

Annoying and frustrating seller at it again. Really getting on my nerves now.

Uggy, I didn't get to see the video personally as it taken down before I was able to watch. Did Bo actually say a placing would take place? Thanks in advance.

'This was not the report news anyone was expecting'. Err, what? It was an obligatory quarterly report, you know, like the ones they've done previously and have been released at pretty much the same time each year. From your posting history you posted literally three days ago that this was primed for a takeover and speculated on a t/o price, now you're saying it's going the way of SXX?!?! Lol.

Please enlighten us P4NCS, after all, your Twitter profile says you 'separate bullsh*t from fact'.

And now a £33k trade from minute after open. Someone seems hungry.

And now a £46k trade has just appeared from pre-open this morning.

I should also add, 'She brings to the role 15 years of experience in mining and metals in the areas of corporate development, financial and investment banking.' If the glove fits and all that..
Either way, we'll find out who we're in bed with pretty soon. Personally I expect the whole package to be wrapped up by end of this month.

I've read with interest the past few day of who our strategic investor/cornerstone may be. All of the potential candidates are tier 1 in my view - Teck, Glencore, Orion. Any company would love to have these in the mix to support them through a growth initiative, but for me I'm now starting to lean towards our cornerstone being Teck. After all, we have Sepanta Dorri on the board as one of the directors of HZM. The following, taken directly from HZM website - 'In her capacity as Vice President, Corporate Development of Teck Resources since late 2018, Ms Dorri is responsible for the identification and pursuit of external growth opportunities and providing support for internal growth initiatives.' Surely Horizonte at this stage fits that description perfectly?

https://www.amegroup.com/Website/Industryforecast/DailyBriefingDetail.aspx?newsId=171246&newsCommodityName=Nickel&imageUrl=~/Resources/Image/Banner/Industryforecast/DailyBriefing/nickel%20image.jpg

I know this will have been covered before, but I particularly like the sentence in the last paragraph - 'BHP estimates that nickel production will need to increase nearly fourfold to meet the expected demand for electric and hybrid vehicles.'
We couldn't be in a better position with two fully owned, tier 1 deposits.

'Why would Teck agree to pay 14p at a future date'......who would willingly dilute their own holding for starters? Surely they'll be aware that by limiting dilution it would have a much more positive effect short, medium and long term and deliver them a better return in the long run. Plus, with the value unlock that is delivered by completing the finance package, 14p (if it is that) would look cheap anyway in my view. Don't s**t in your own doorstep is what ultimately springs to mind.

Thanks for the clarity, Ivor.

It must be able to be waived, otherwise how did HZM get around giving Teck 50% of the company when we purchased Araguaia?

https://www.proactiveinvestors.co.uk/companies/news/16000/horizonte-gives-teck-50-stake-in-co-for-control-of-brazil-nickel-project-shares-soar-19299.html

...remind me, what metals do we have again?

https://www.mining.com/nickel-cobalt-allow-for-cheaper-more-efficient-green-hydrogen-production/

Reggie, I'm sure he would like to wrap it as well and get on with construction but unfortunately there will be lots of legal and inter-creditor agreements needing to be signed off by lots of different lawyers. The frustration is palpable, I agree, but good things come to those who wait.

Agreed Wasa. What I keep coming back to in my head is the market caps of other miners such as SOLG (£617m) and GGP (£696m) which are still both very much in the exploration phase and as I see it, further behind in the value curve yet valued way higher than we are currently. No disrespect to those companies, I'm not bashing them in any way, more trying to illustrate how undervalued I see HZM. Surely this just has to re-rate upon final closure of the whole finance package.

Nothing strange about the price action. Broker note posted yesterday which intimates the company is behind on mine plan so people sell, price goes down. Simple mechanics.

What about the rather large gap that's appeared in the chart? Can't help but think that gets filled at some point, which is what is putting me off buying more at this stage.

An RNS saying what exactly?