Member Info for TrickyDicky2

Somebody on another BB on another share made the very valid observation.

"I think you’re right but it’s all about the story not the facts and timing your entry. If the market loves it then go with it."

The plus points:-
It's Nickel
It's sulphide
We've got lots of it

The negatives:-
It's Russia
It's remote

If the market gets a hold of it will it matter what the truth/facts are? Probably not.

TDT

Nickel rich cathode chemistries are still producing the best results when it comes to energy density. Interesting to see this particular development also emphasising stability. Its all down to the "non-volatile, poorly-flammable, dual-anion ionic liquid electrolyte (ILE)" apparently.

https://www.sciencedaily.com/releases/2021/08/210824135339.htm

"The lithium-metal battery with the NCM88 cathode and the ILE electrolyte reaches an energy density of 560 watt-hours per kilogram (Wh/kg) -- based on the total weight of the active materials. Its initial storage capacity is 214 milliampere hours per gram (mAh g-1) of the cathode material. After 1000 cycles, 88 percent of the capacity are retained."

1,000 cycles with a 350 mile fully charged battery is 350,000 miles in total. If the battery capacity dropped to 88% over that time I don't think I'd be that bothered.

TDT

No movement in nickel stocks in the LME over the bank holiday weekend but it looks like they'll drop by 786 tonnes tomorrow and a further 2,010 tonnes the day after. Stocks of class 1 nickel in the LME should end the week below 190,000 tonnes.

TDT

If you ever have doubts about nickel in the coming transition just to the below.

https://elements.visualcapitalist.com/all-the-metals-for-renewable-tech/

Amur's position in the transition, however, is another matter.

TDT

……up by $0.37/lb so far currently at $8.92/lb. We should have Bank Holidays more often.

TDT

A fair bit on Amur submitting the TEO which might bring a few more curious/interested investors to the table.

TDT

https://seekingalpha.com/article/4452608-nickel-miners-news-for-the-month-of-august-2021?mail_subject=matt-bohlsen-nickel-miners-news-for-the-month-of-august-2021&utm_campaign=rta-author-article&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha

Oooops. Wrong board with that last one, sorry about that.

TDT

A fair bit on Amur submitting the TEO which might bring a few more curious/interested investors to the table.

TDT

https://seekingalpha.com/article/4452608-nickel-miners-news-for-the-month-of-august-2021?mail_subject=matt-bohlsen-nickel-miners-news-for-the-month-of-august-2021&utm_campaign=rta-author-article&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha

This article deals mostly with gold mining operations but the general thrust of the article applies here. It probably helps explain why there are such polarised opinion on this BB on where Amur's profit point lies .

TDT

https://stockhead.com.au/resources/school-of-rock-what-are-all-in-sustaining-costs-and-what-do-they-mean-for-gold-miners/?utm_medium=email&utm_campaign=Closing%20bell%20Aug%2030&utm_content=Closing%20bell%20Aug%2030+CID_45cd6d640df034c4d76417de44aafbcf&utm_source=Campaign%20Monitor&utm_term=Read%20More

In light of the last RNS this is an interesting read.

TDT

https://stockhead.com.au/resources/school-of-rock-what-are-all-in-sustaining-costs-and-what-do-they-mean-for-gold-miners/?utm_medium=email&utm_campaign=Closing%20bell%20Aug%2030&utm_content=Closing%20bell%20Aug%2030+CID_45cd6d640df034c4d76417de44aafbcf&utm_source=Campaign%20Monitor&utm_term=Read%20More

SlurmsMckenzie

My previous reply was a bit hurried. Yes, I was a bull turned bear. I first invested in Sirius when it was Sirius Explorations (GavsterNBC, Talk2Dubya, Skint Welshboy, Treeshaker were some of the other posters back then). I started picking holes in the Adavale and Dakota Salts projects long before Poulden and Harrison sold their listed scam to Catlow and his poodle Fraser. A project born of rotten seeds was never going to fly. That's a long time ago and absolutely nothing like what we have here. A good project with good management means Horizonte differs from Sirius Minerals in both respects.

TDT

Slurms

Yes. Bailed out before it peaked. I missed the peak but also missed the angst and the ultimate collapse.

It always seemed to me to be a bit of a pipe dream.

TDT

John4242

You’ve missed out one crucial part of the Sirius story. They were building a mine to produce 10m tonnes (with plans to increase to 20m tonnes) per year for a market that, at the time they went pear shaped, was only 1m tonnes per year. Selling 10m tonnes pa was crucial to their funding/pay back. You’ve also neglected to mention that the Boulby mine’s polyhalite is predominantly blended. They blend it with the potash produced by ICL’s potash mine in Spain. Then there was the thorny issue of the CRU report that concluded that nearly all the fertiliser blenders were largely disinterested in buying Sirius’s poly to blend.

Anglo American have a history at Boulby so they knew what they were buying when they acquired Sirius. They also have deep pockets. Furthermore I suspect, in time, their focus will change from the 1,800m to 1,900m deep pilyhalite seam to the much shallower 1,400 to 1,500m deep seam of potash.

I don’t think Horizonte will have similar issues at Araguaia or Vermelho different issues maybe but not one where, to work, they’d need to massively expand the market for their product.

TDT

Don't get me started on EUA.

TDT

FreeTheCaterham7

Treat Morningstar with caution.

TDT

JB

Can you call him back in again then!

TDT

Does this shed any light?

https://www.morningstar.com/stocks/pinx/hzmmf/ownership

I've always found this site a bit unreliable unless, of course, its telling me what I want to hear.

TDT

"Still supporting Corbyn TDT?"

To have an unbiased view of history doesn't make you one thing or the other. We, in this country, view ourselves as the good guys. You should try travelling through some of the countries we colonised or have been at war with which, incidentally is just about every other country on the planet. They don't have such a rosy view of Britain.

It's easy to cherry pick from the long list of mans inhumanity to man to make one side out to be worse than the other. If you do that just makes you a blinkered bigot. Where the "supporting Corbyn" comes in all of that is a mystery.

TDT

If you have a spare 10 minutes this interview is well worth listening to. Jeffrey Gundlach is a very successful hedge fund manager. I think he hits the nail on the head.

https://www.youtube.com/watch?v=f2ozFv8vEaI

TDT

The British Empire was responsible for the deaths of more people than any war or any other empire in history. "Beware of wealthy men who have big ideas." Or just simply beware.

TDT