Member Info for TrickyDicky2

mikewozere

HZM is at the stage where the equity portion of their fund raise has still to be determined and that uncertainty, IMO, is impacting the share price. Once/if the funding gets nailed down the share price should rise. I don't think HZM is necessarily under valued but more approaching a critical milestone which, once crossed, will take the brakes off.

You have to cross a whole series of milestones before you are in a position to monetise the stuff in the ground. Getting 90% of the way there doesn't stand for much if you can't cross the last hurdle. I think that helps explain why companies like HZM, given their relatively advanced position, appear under-valued when, in fact, they're not.

It would be better to look in on HZM once their funding has been tied down and work on building the mine and RKEF plant has started. You also need to keep in mind that HZM is taking a different path to Amur. HZM is building its own mine with all the risks that that involves Amur, IMO, will not. Amur's risk profile is different.

TDT

From Horizonte's 2016 PFS.

"The Company completed Laboratory scale test work between 2011 and 2013 which included batch smelting test, **** testing, agglomeration behaviour of the ore, Liquidus measurement of FeNi **** under conditions corresponding to electric furnace smelting, performance of the nickel laterite in rotary kiln processing and evaluation of briquetting behavior. These laboratory tests carried out showed that the ore was suitable for processing using the RKEF process."

From Jeremy Martin's recent tweet.

"......there is a long lifetime between a discovery and being able to produce from an asset - that can be as much as 8 - 10 years."

In other words you're a bit behind the curve Jeremy.

Get a wiggle on.

TDT

Ivan’s

HZM is a good bit further down the development road hence their £92m MC as opposed to Amur’s £23m MC. They also have more cash in the bank.

TDT

DizzyJim

Try this.

https://www.dropbox.com/s/rnorfaiq8pliy85/ultimate-tech-analysis-handbook.pdf?dl=0

If it makes any sense to you perhaps you'd be good enough to come back on here and explain it to me.

TDT

WINS = https://www.winterflood.com/ they are a market maker.

TDT

....or one big sugar mummy.

TDT

https://stockhead.com.au/experts/guy-on-rocks-end-of-destocking-a-bullish-sign-for-battery-metals/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter-07-05-2021&utm_content=httpsstockheadcomauexpertsguyonrocksendofdestockingabullishsignforbatterymetals&utm_medium=email&utm_campaign=ASX%20Small%20Cap%20Morning%20Wrap%20Tuesday%20July%206&utm_content=ASX%20Small%20Cap%20Morning%20Wrap%20Tuesday%20July%206+CID_9ea1f02cbd9455921946178ec52b8fae&utm_source=Campaign%20Monitor&utm_term=Guy%20on%20Rocks%20End%20of%20destocking%20a%20bullish%20sign%20for%20battery%20metals

TDT

max2mentor

It’s still very early days for BEVs. Availability is an issue as well as cost, although having said that cost doesn’t prevent millions of people going for MACs over PCs.

12 to 24 months now the picture will be much clearer.

TDT

Garf

Fair comment. I believe there’s a fairly lengthy revue process after the TEO has been submitted. I presume the 18 months for submitting the mine plan will run from then?

TDT

https://www.bloomberg.com/news/articles/2021-06-29/strike-at-vale-s-sudbury-operation-strains-battery-nickel-supply

TDT

For the first time more BEVs were sold in the UK in one month than diesel cars.

https://www.dropbox.com/s/06mo6wcdh522ff5/2021_06%20copy.png?dl=0

TDT

For the first time more BEVs were sold in the UK in one month than diesel cars.

https://www.dropbox.com/s/06mo6wcdh522ff5/2021_06%20copy.png?dl=0

TDT

Ary82

Sorry for the late response, just seen your message.

I'm glad to see the mystery surround Habib's involvement cleared up if not the circumstances surrounding his departure. I'm also relieved to see that we are no longer involved with the Reubens. Nothing good was ever likely to come from that relationship in the long term.

The money we now have in the bank makes things an awful lot more secure that they have been for quite some time. Submitting the TEO has to be the priority now that the Habib/NRR issues have been put to bed. There's nothing left to distract them from nailing that one down. My feeling is the best thing they can do after that is park up for the next 12 - 24 months, let the price of nickel do its thing then see who comes a knocking. It may not even take that long.

Then again WTFDIK

TDT

" The owners of NRR are 2 very respectful billionaires and well Glencore ain’t gangsters either……."

Really.

TDT

JPKiter

Noted and thanks.

TDT

".....and AH not only did a couple of fabulous interviews brimming over with enthusiasm n facts, but put a couple fof hundred thousand pounds of his own money into amc shares...."

I think you're thinking of Tom Bowens. I'm not sure Adam Habib put any money into AMC.

TDT

I've just checked the financial statement for the year end 2020 and the 21,040,785 now reported as directors shares are:-

Robing Young - 6,369,318
Robert Schafer - 3,167,507
Paul Gazzard - 2,758,680
Tom Bowens - 8,745,280

TDT

A couple of interesting developments this month. The Interactive Investor nominee account has gone up by over 22m since the previous update four weeks ago. All the other nominee accounts are more or less unchanged. The 22m shares appear to have mostly come from the Remaining shareholders total which would suggest to me one entity simply shifting accounts.

The other more interesting development is the Directors total holding going down by 4,875,999 shares from 25,916,784 on 02/06/2021 to 21,040,785 on 03/07/2021. A director selling should be announced in an RNS. Is this somebody selling and no RNS being released or merely Habib's holding being shifted out of the directors bundle because he is now no longer a director? I suspect its the latter.

TDT

MD

LFP versus nickel rich alternatives is all about energy density, weight, charging time and safety.

An LFP battery is way heavier than its nickel rich counter part, it is, however, cheaper and safer. It doesn't recharge quite as fast but it is capable of a greater number of recharging cycles before it starts to degrade. Its principal disadvantage is lower energy density and therefore range.

This gives you some idea of just how much heavier LFP batteries are.

https://www.dropbox.com/s/wjtcnnd8ytlx5vh/kg%3AkWh%20copy.png?dl=0

Lugging round dead weight isn't efficient.

The below article gives you a good synopsis of the differences between LFP and nickel rich alternatives.

https://www.dropbox.com/s/21aq0vqefoboxcj/NCM%20-vs-%20LFP%20copy.pdf?dl=0

Interesting how far out their prediction on LPF uptake are though.

TDT

Nickel

"Will we see the market split in price between class I nickel for batteries and lower quality options reserved for steel refining? BNEF thinks so, but we haven’t seen it yet. They think prices will continue to hover around US18,000/t this year. Going forward the nickel sulphate market – that is the kind of nickel chemical prepared for lithium ion batteries – has had its shift into deficit delayed by the Chinese auto markets pivot to cheaper but less efficient lithium-iron-phosphate (LFP) battery chemistries. In BNEF’s high LFP replacement scenario the cheaper chemistry’s share of the stationary storage market would climb from 23% to 53% by 2030. Nickel rich battery cathodes will still be adopted at pace though, with BNEF predicting the market may slip to a 128,000t deficit around 2024."

https://stockhead.com.au/resources/battery-demand-projections-for-2030-are-getting-bolder-but-what-will-it-do-for-your-favourite-battery-metals/?utm_medium=email&utm_campaign=ASX%20Small%20Cap%20Morning%20Wrap%20Friday%20July%202&utm_content=ASX%20Small%20Cap%20Morning%20Wrap%20Friday%20July%202+CID_a504b214f268ac7312e64aac692e74fb&utm_source=Campaign%20Monitor&utm_term=Read%20More

TDT