Member Info for Theorist

MO. The Altura buyout happened 3 years ago. Altura owned the Pilgangoora project but fell victim to low lithium prices, ironically. This and the fact that Pilbara has cash is totally irrelevant to Alk, which owns nothing.

Pwlx, pleased you looked at my posting history, really recommend you look at some of my historic Pensana posts, I think that would be a useful exercise for you. I post on Pensana and Alkemy because I see the need to counter what is going on here. I know you don't smell the coffee, yet, but in time you will. In the interim I recommend you scrutinise the latest Alkemy RNS and figure out why this has been done. It looks like a £1.25m capital raise. Or is it case of certain people giving themselves a clutch of options at 140p? Would you call it transparent?

Ah, the delightful Chinasyndrome, articulate, reasoned, but maybe just a little bitter that he did not heed my warnings two years ago? I did not say BE had gone bust, but included it as another example of PA promising the world and delivering nothing. Considering you have been pretty much wiped out on Pensana I understand your chagrin, but sooner or later you have to come to terms with that. I must have told you 100 times what was going to happen but you just couldn't accept that I was right. You tripped over your own ego and you do yourself no favours looking to blame or abuse people such as myself. Just accept that you were wrong about PA and move on.

Pwlx. Your two investments Alkemy and Eurasia. I don't think that if I tried I could come up with two better ways to lose my money. But fine, put me in the bin, just make a little note to self to review my advice in 6 months time.

MO. You’re missing the point. Go on YouTube and listen to Atherley’s interviews when he was pumping Murchison and Leyshon. Both companies eventually went bust. Listen to his interviews at Berkeley Energia. Look at the outcome. Listen to his interviews at Pensana. The sp has descended from 200p to 27p. I cannot write what I really think but surely you can join the dots? Atherley has this glib way of putting an extraordinary gloss on his ventures but the outcome is always the same. They fail. When you invest in a company you are really investing in the senior management because you rely on them to drive the company forward and implement the business plan. You scrutinise the track record of the management because past performance will always be the best guide. Of course that does not always work but it is the best guide you have. So if you look at Atherley, do your homework, study Murchison, Leyshon, Berkeley Energia, Pensana, listen to the interviews, examine the outcomes, you wouldn’t touch Alkemy with a barge pole. Yes lithium is hot. That’s how Atherley operates. Sweeping promises of extraordinary riches. So if you want to line Atherley’s pockets for a couple of years go ahead and buy. But that’s all you’re going to be doing. This will go pop, of that I am absolutely certain.

I don’t think it’s manipulation. There is not enough demand to drive the price north of 140 and there’s a buyer stopping the price going south. I reckon. Also I imagine the free float on this stock is very small. If you add to the institutional shareholding the shares held by investors who whatever happens are going to wait until the production phase, at least, what is left? Unless there is some slippage in the production timetable I believe over the next 6 months there will be a steady increase to 200p, whether we are higher will depend entirely on the nickel market.

WiseInvestor. You should be very careful with what you post. What you have written is such absolute trash. Everything Atherley has ever touched has been a disaster. And every time the same b*****t . And genuine people lose their hard earned savings on these fanciful get rich quick schemes. You are an absolute disgrace writing this rubbish. Why don’t you explain to your audience exactly how the fund raise works and why it is so bonkers that the share price is north of 140p? Or don’t you understand how that nasty scheme works? You and Major Oak need to find a new vocation.

Has our 140p buyer returned for more??

JaimeC. Great question. That is the real issue. No question HZM is looking fantastic but Glencore is a real snake in the grass, probably nobody better at strangling minorities and leveraging their obvious financial muscle. Best we can hope for is they sit still for another six months and will then have to pay a minimum 30% premium to what by then will be a 200p sp. That’s how I call it.

Always entertaining to see Sundrum and China discussing exactly where they want to place their deckchairs. Is that an iceberg we see? And as they slowly slipped beneath the waves still they chanted his name. Murchison. Leyshon. Berkeley Energia. Pensana. Alkemy. Only one person has made money from these investments.

China. My prediction was made 17th October 2022. If you want a new prediction I would say that in 3 months time the price will be sub 20p.

I genuinely believe that within the next 6 months we will see the sp in the 20’s.

Now who could have posted that???!!!

Sundrum you can bleat all you like but the reality is that everything Sp/DP and I have posted has proven to be incredibly accurate. You should acknowledge that, you can’t spend a lifetime in denial!

MO. Why not just post a link?

We know the 140p buyer has paused but 135p sp tells us the seller has been cleaned out. Very encouraging that sp has shown to be robust. I think there is a consensus that nickel will experience some turbulence and some weakness but will hold up. Original business plan assumed $15,000, since then capital costs have risen above budget but Brazilian real has seriously weakened. So earnings in dollars, a lot of costs in reals, my guess that increase in costs is neutralised by currency movements. Does anyone know more about this? What are we projecting for nickel in 2024?

Thanks Tony, all noted.

Just extracted this from the McKinsey report https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/battery-2030-resilient-sustainable-and-circular :

Nickel reserves are dispersed across various countries, including Australia, Canada, Indonesia, and Russia (Exhibit 6). In our base scenario, there would only be a small shortage of nickel in 2030 because of the recent transition to more lithium iron phosphate (LFP) chemistries and plans to increase mining capacity. Although McKinsey’s full potential scenario projects a significant oversupply of nickel if stakeholders achieve their planned mining and refining potential, companies could still have difficulty acquiring sufficient quantities because of quality requirements (for instance, the need for class 1 nickel rather than class 2 nickel in the form of ferroalloys) and the limited geographic distribution of mines. No matter how supply evolves, the industry will need to consider one critical question: How to find sustainable nickel for batteries? In answering this question, companies must consider CO2 intensity differences across assets.

I think if we look at what people like McKinsey and BHP are saying the outlook for HZM is very solid with ESG set to be a stronger card year on year ad infinitum.

China, I know you love to think I have some personal grudge against your hero, it sort of fits with your own problems. Meanwhile I am quite content to sit and watch the wholly predictable disaster unfold. I have tried to warn you about the iceberg many times, as you know, but still all you see is dead calm and your 50 bagger. I suppose at least your capital gains tax problem has resolved itself. Mumbles thinks there is some vat and other crumbs to feed the machine for a couple of months, what do you think??

So on the information supplied by the Company in March the cash they raised from M & G and their Angolan donors has effectively gone or been spoken for. Are we therefore back to crisis mode, unpaid creditors, payroll worries, desperation to close some financing arrangement?

I will stick my hand up as a former investment banker and say I have never heard the term Pre-exemption rights. I think we all know what pre-emption rights are. Fortunately we have China, who knows everything (except when Pre are going to get finance), so perhaps he can explain what pre-exemption rights are?

Contrarian you’re barking up the wrong tree. It’s just so **** boring when people post they made this profit or topped up this holding don’t you think! Good luck to Tony, I don’t give a fig if he’s buying or selling, made a profit, topped up his sip or tripped over the pavement, it’s just dull.