Member Info for TrickyDicky2

Lucando, attack the ball not the man. If you think that of RL’s posts pick over the detail of these posts and find fault, if you can. It’s all too easy to attack the poster instead of the posts when your confirmation bias is being challenged but that leads nowhere.

I know a little if RL’s background and if there is anybody on this BB worth taking seriously it’s him.

TDT

RL

All of that needed to be said.

It will be interesting to hear what others here think and in particular if they can put a different slant on recent events.

Issuing shares to buy into NRR was merely diluting today to put off diluting tomorrow. The only difference is in the timing of the dilution. That needs to be acknowledged for what it is.

You seem to be suggesting that the outcome of the AGM was the result on an internal power struggle. If so why the need to consult lawyers? The Men & Arts provide for the removal of a director by the remaining directors. If that's what's happened here why go to law?

I'm still veering towards a shareholder(s) with +10% being responsible for AH's removal. That would explain the need to get legal.

I agree with your view of AH. I've never been convinced.

I don't agree with your view of Amur, its prospect at $8/lb nickel and the options available. I think there's a clear staged route to development that allows early revenue generation, a large proportion of which will go to paying back capital (for a later post although I'm pretty sure you've covered that yourself).

Current interest in Amur may simply be as a result of recent commodity price movements and the growing interest in EVs and batteries. I think, however, that there's more to it than that. If somebody is going to make a hostile bid for Amur now would be the time. Pizzed off PI's, a rising nickel price, clarity on what's in the ground, how it will be extracted, ore characteristics and processing are all there for a potential bidder to see. I think AH trying to steer KM Glencore's way has flushed somebody out.

If there is somebody in the shadows with designs on KM don't assume it will end well. In my option IG Copper's sale of Malmyzh wasn't a result but merely the consequence of doing business in Russia.

TDT

".....running from the law are we or others?"

Given the fantasy world you seem to occupy ProphetWarning it doesn't surprise me you thinking that.

TDT

EVs - 82,778 - December
EVs - 394,632 - 2020

The December figure is a bit disappointing but at least its 26.6% market share for the month, 13.5% for the whole of 2020.

TDT

“Finally, Russian nickel production will grow at the slowest rate of the top five major producing countries in the coming years as few new projects come online.”

https://www.mining.com/rising-nickel-prices-to-support-project-development-report/?utm_source=Battery_Metals_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=rising-nickel-prices-to-support-project-development--report

TDT

https://www.mining.com/rising-nickel-prices-to-support-project-development-report/?utm_source=Battery_Metals_Digest&utm_medium=email&utm_campaign=MNG-DIGESTS&utm_content=rising-nickel-prices-to-support-project-development--report

Do we need any help!

TDT

Who Can and Can’t Vote in U.S. Elections

You must be a U.S. citizen to vote in federal, state, or local elections.

Who Can Vote?

You can vote in U.S. elections if you:

Are a U.S. citizen
Meet your state’s residency requirements
You can be homeless and still meet these requirements.
Are 18 years old on or before Election Day
In almost every state, you can register to vote before you turn 18 if you will be 18 by Election Day. See a table of voter registration age requirements by state.
Are registered to vote by your state’s voter registration deadline. North Dakota does not require voter registration.

Who CAN’T Vote?

Non-citizens, including permanent legal residents
Some people with felony convictions. Rules vary by state. Check with your state elections office about the laws in your state.
Some people who are mentally incapacitated (I guess that would rule you out ProphetWarning). Rules vary by state.
For president in the general election: U.S. citizens residing in U.S. territories

Atlantic57

"A number of economists and finance experts have claimed that the Shadowstats CPI is conceptually wrong and that their usage leads to easily disproven and absurd conclusions. University of Maryland Professor Katharine Abraham, who previously headed the Bureau of Labor Statistics, the agency responsible for publishing official unemployment and inflation data, says of Williams' claims about data manipulation that "the culture of the Bureau of Labor Statistics is so strong that it's not going to happen." Steve Landefeld, former director of the Bureau of Economic Analysis, the Commerce Department agency that prepares quarterly GDP reports, said in response to an article about Williams, "the bureau rigorously follows guidelines designed to ensure its work remains totally transparent and absolutely unbiased." In the same article, UC San Diego economist Valerie Ramey, a member of the Federal Economic Statistics Advisory Committee, defended the methodological changes, claiming they were only made "after academic economists did decades of research and said they should be done."

The internet can provide an expert to confirm any belief you can think of.

TDT

A remarkable:-

EVs & PHEVs - 30,860 - December
EVs 7 PHEVs - 89,362 - 2020

The month of December for Europe looks like it will be over 300,000 and the year 1.3m. The current year will breeze past 2.0m, IMO, but by how much is the question.

TDT

ngnlnv

That's not a serious post by the way, in the same way that I'm pretty sure wasarunner's "Lovely Jubbly. Who needs Vermelho etc." is not a serious post.

You are of course right. Furthermore if sentiment finally gets behind the green new deal, EVs, batteries, commodities all logic and reason goes out the window and the share price could end up at just about any level. Just look at Tesla, how do you justify a MC of $700B there? Expectation? Is that not the same for nickel? Are we not seeing a glorious future for a metal where demand is going to far outstrip supply in the near to long term! The sorts of figures we are seeing for EV uptake this past month in the European car market alone would be sufficient reason to be excited.

What a nice position to be in.

TDT

If you want £1+ you need Vermelho.

TDT

It will be interesting to see just how many of these planned Indonesian projects actually get built, how long it takes to build them, the cost and the time it take to ramp up production and if they eventually hit nameplate.

https://www.dropbox.com/s/vjo9yfbj5mictv6/1_Indonesia%20Nickel%20Map.png?dl=0

HPAL is not as simple and as uncomplicated as RKEF and Indonesia is not an easy place to do business.

TDT

"You are quite right Mr Beckers, a rising tide lifts all boats....."

Unless your boat has got a hole in the bottom.

TDT

EVs - 17,910 - December (87.1%)
EVs - 136,226 - 2020 (74.75%)

The pandemic is undoubtedly going to impact H1 2021 figures but once that is under control there should be no stopping the uptake. Bluebudgie posted the below last Thursday:-

".......meanwhile in Cathie Woods piece in the financial times she is predicting 40 million EVs sales in 2025 way ahead of the consensus , she called it right and early with Tesla."

https://www.ft.com/content/cbe2861c-06bf-4a9e-919a-f42687b260cc

The figures we are seeing currently suggest 40m EV by 2025 may not be that far off the mark. At 30kg of nickel (conservative) per EV that's an additional 1.2m tonnes. To get to 40m in 2025 from what is likely to be 3m in 2020 will take a CAGR of about 70%. That will give you some idea of just how quickly demand for class 1 nickel is likely to accelerate.

How is that going to impact Araguaia given its a ferronickel project! First off the stainless steel sector's requirement for nickel, currently approximately 1.6m tonnes per year, is expected to grow at a CAGR of 4% to 6%. There's also the interesting fact that off all the class 1 nickel that's produced (about 48% of the annual nickel total) about 18% of it goes in to making stainless steel. That class 1 nickel, IMO, will start getting diverted into the production of nickel sulphate putting pressure on class 2 nickel production to fill the gap.

Probably a lot of drivel but that's how I see it developing.

TDT

EVs and PHEVs - 31,022 - December (23.4%)
EVS and PHEVs - 175,082 - 2020 (10.7%)

Car sales in the UK for 2020 dropped by -29.4% on 2019. Over the same period EVs up by +185.9%, PHEVs up by +91.2%.

TDT

soundbuy

The expectation is not that the coming commodities super cycle will mirror the Chinese super cycle of the 2000's but dwarf it. The 2005 Chinese super cycle resulted in a $600B boost by miners in the base metals sector. The one coming is expect to result in a $1.7T boost.

Posted before but well worth a listen.

https://www.youtube.com/watch?v=U7JMamcXZfw

Interesting times ahead.

TDT

16,929 EVs and PHEVs - December (49%)
93,9938 EVs and PHEVs - 2020 (32%)

A figure of between 32% and 49% for EV uptake across Europe in 2021 would mean somewhere between 5m and 7.35m EVs (15m cars were sold in Europe in 2018). At 30kg of nickel per EV/PHEV that would mean 150,000 to 220,500 tonnes nickel. That's next year and that's only Europe. Of course it might not play out like this and it probably won't. Then again it might.

TDT

" I refer to most of what I read is all EV news because stainless is so boring....."

Nobody is saying that and I doubt anybody thinks that.

You don't think the emerging EV market is impacting the price of nickel and that's fair enough, that's your opinion.

TDT

"I really think people put too much emphasis on EVs and what is driving price action in HZM."

I doubt anybody thinks what's happening with EVs is driving price action in HZM. What's happening with EVs, however, is driving the nickel price. The nickel market will be in surplus this year and LSE stocks are rising yet the nickel price is going up. That's counter intuitive. The thing thats pushing up the price of nickel despite the fact that the fundamentals suggest the opposite should be happening is, in my opinion, the expectation that EVs will significantly impact demand in the near term.

What's driving Horizonte's share price at the moment is the expectation that funding will be tied down soon and not demand for EVs or even stainless steel.

TDT

Sweden, for the month of December, recorded sales of 16,929 EVs and PHEVs which came to 49.4% of the car market for that month

The December total for Western Europe is starting to look like it might be an all time high of somewhere between 250k and 300k.

TDT