Member Info for TopGun333

Can anybody explain why a massive nickel producer like Tsingshan was going short on nickel prices?

Good post Mr Flibbles. Agree the quiet times are the best to buy. We’ve seen it before here. There’s good support at c6p so great time to top up before the rise comes.

I believed Contrarian 123 more than the six Tier 1 banks that have underwritten Horizonte with over $600m and placed a short on the SP falling. What a silly billy ;-)

Commodities a traditional investing hedge for inflation concerns.

If JM's priority is to keep IIs happy, I'm OK with that as from this point onwards that benefits patient PIs too.

If it’s a crock of ****e at 10p, it’s not necessarily a bargain price at 1.5p.

Prelea will never change his lying ways.

1.2 by the end of the week?

Good post Salmonn. Fully agree. This share just continues to build value and I continue to add cash whenever I can.

We have seen previously how quickly it can suddenly move and I expect the same will occur again.

Hilarious new poster on board Tbull7.

I can tell everybody that the term boutique is used by lenders that are not big or established enough to be considered a mainstream lender a.k.a. an old-fashioned bucket shop!

No surprise there. Another AP fantasy.

I think Aladdin had it away on his toes!

Two RNSs due.

Production results as promised by end of January.

Atlas update. Repayment was due 29 January.

*** eyes wide open ***

Just needs patience. All is good. I continue to add spare cash.

GLA to holders!

Yoo hoo Andrew, what’s happening?

If I was Atlas I’d seize BP especially if starting to show a profit, kick out Prelea and co and bring in new management.

This article suggests that BHP is looking for acquisitions and mentions Horizonte as a potential target.

https://www.proactiveinvestors.co.uk/companies/news/971696/bhp-signals-its-acquisitive-intent-but-which-companies-will-be-on-its-wishlist-971696.html

‘This company isn’t going under anytime soon.’

Check out the 28 October RNS. Key extract below.
The Group will require funding in the coming year to refinance the Atlas Tranche 1 bond which becomes due on 29 January 2022 and to provide general working capital. BPPM is currently producing and is expected to shortly become profitable. The Directors are confident that the Company will be able to obtain funds for such requirements from debt providers, investors and royalty finance as needed given the fundamental value of both assets have increased significantly over the last year, supported by a strong demand outlook for copper, production at BPPM together with continued operational improvements, and the planned introduction of tested XRT technology at both mines. However, while the Company is in discussions with a number of potential investors and debt providers, no binding funding agreement is in place at the date of this Report. These conditions indicate the existence of material uncertainty which may cast significant doubt about the Group’s and Company’s ability to continue as a going concern. The financial statements do not include the adjustment that would result if the Group and Company were unable to continue as a going concern.