Member Info for TrickyDicky2

Interesting.

https://www.mining.com/brazil-to-ease-licencing-of-newly-listed-strategic-minerals/

TDT

“ He projected annual nickel demand to rise to 9.2 million tonnes from the current 2.5 million tonnes.”

https://www.mining.com/web/copper-supply-needs-to-double-by-2050-glencore-ceo-says/

TDT

Isphahan

Isphahan

Look at Horizonte Minerals. They have Glencore and Teck Resources on their share register, a royalty deal with Orion Mine Finace, about $25m in cash in the bank, their debt finance in place (to be confirmed once the equity side it tied down), excellent infrastructure, over 4.5m tonnes of nickel over three project and are located in the mining friendly jurisdiction of Brazil.

Their MC is 4 to 5 times Amur's. Admittedly they're lateritre as opposed to sulphide but they are much further down the road with a much bigger resource and are well within the lowest cost quartile.

With everything they have going for them Horizonte should either be much further ahead than Amur or Amur should be much further behind (in MC terms that is).

After 11 years its difficult to remain positive, I know that feeling only too well, but I think your assessment is wide of the mark.

TDT

Takeaway

"Class 1 nickel is essential in the fabrication of next-generation electric vehicle batteries, which Industry experts expect to significantly impact the demand for this metal. With a reliable increase in demand and a potential supply crunch coming in upcoming years, investors should start to pay special attention to companies located in nickel-rich countries, poised to successfully locate and process this high purity Class 1 nickel."

https://investingnews.com/innspired/nickel-in-electric-vehicles/

TDT

Nothing we don't already know.

https://investingnews.com/innspired/nickel-in-electric-vehicles/

I just wish the chump(s) regularly dumping into the market would also take note.

TDT

https://stockhead.com.au/resources/they-are-desperate-for-nickel-qpms-stephen-grocott-on-the-impending-battery-supply-chain-trainwreck/

TDT

Russia's nickel reserves, at present, stand at 6.9m tonnes. 1% is only 69,000 tonnes. I certainly hope Amur has an awful lot more than that.

https://www.nsenergybusiness.com/features/nickel-reserves-countries/#

TDT

Charlotte001

This kind of sums it up.

"In other words, bragging about growth on the back of extreme deficit spending is like a spoiled kid bragging about a new Porsche secretly purchased with his father’s credit card: It only looks good until the bill arrives and the car vanishes. In a financial world gone mad, it’s critical to look under the hood of what passes for growth in particular or basic principles of price discovery, debt levels or supply and demand in general. In short: “Growth” driven by extreme debt is not growth at all–it’s just the headline surface shine on a sports car one can’t afford. And yet the crazy continues…"

Gold will have its day.

TDT

Worth a listen.

https://www.youtube.com/watch?v=oq233ht7RCY

Pretty depressing conclusion but not surprising.

TDT

We also now know, if any further proof was required, that Horizonte is a very leaky ship.

When the share price starts to rise on no news that's when we will know the finance deal is in the bag.

TDT

Blistering terms don't you think.

https://www.investegate.co.uk/power-metal--pow-/rns/acquisition-of-gold-copper-projects-nevada-usa/202106170700071590C/

Makes you wonder what Tertiary's tenements are worth.

TDT

Highlights:
• Credit approval process underway following completion of due diligence by the International Lenders. Credit approval anticipated to be received in Q3 2021.

• Senior Debt Facility expected to benefit from significant Export Credit Agency support.

• Cornerstone strategic investor and final offtake agreements well advanced and expected to
be finalised shortly after credit approvals

TDT

Slight delay but at least we now know.

TDT

The only thing that should surprise anybody about this move is the amount of time it has taken. Cars are one of Britain’s biggest exports pre Brexit. Deciding we need a giga-factory or two at this stage is pretty close to shutting the stable door after the horse has bolted.

TDT

MD

With Amur anything is possible IMO.

TDT

MD

It doesn't need to. All we need to see is nickel at $10+/lb. and a buyer with a fat cheque book. They can then decide to develop Kun Manie at their leisure and to suit their agenda.

TDT

......new energy vehicles will dominate the local market by 2030

https://www.cnbc.com/2021/06/15/chinas-top-ev-car-makers-predict-new-energy-vehicles-will-dominate.html

"New energy vehicles, which include electric cars, will account for 70% of China’s new car sales by 2030, BYD founder Wang Chuanfu said at a conference over the weekend."

"Nio founder William Li predicted a higher penetration rate of 90%."

"The central government would like 20% of new cars sold to be new energy vehicles by 2025."

China's vehicle market per year, at the moment, is 20m.

TDT

".....I cannot see the equity being done at less than 7.5p....."

Here we go again :-(

TDT

https://www.reuters.com/article/metals-nickel-ahome-idUSL5N2NL3U0

Do you allow youself to be held hostage by Indonesia/China or do you look elsewhere for a secure supply?

TDT

https://www.electrive.com/2021/06/11/samsung-increases-nickel-content-in-nca-batteries/

TDT