Member Info for TrickyDicky2

What a joke this company is.

TDT

Theorist

Thanks for the heads-up. Well worth a read.

Hazbeen

The below is taken from the BHP document Theorist mentions. It confirms your suspicions.

"The general trend of steady price appreciation has been interspersed with abrupt but ultimately short-lived declines related to prospective developments in upstream or downstream technology. The most notable was the announcement that Chinese NPI (nickel pig iron) pioneer Tsingshan had invested in a NPI-to-matte conversion facility in Indonesia, with first supply expected to come in October-2021. This was the first commercial effort to go from NPI – a low nickel content class two product – into a high nickel intermediate (~75%) material acceptable in the battery supply chain. The nickel market has long been skittish about potential technological disruption, and the Tsingshan announcement accordingly sparked a material sell-off. A Ferro-nickel (FeNi) to-matte project has since been announced by POSCO in South Korea."

TDT

AMC’s buyer was a Russian called Vladislav Sviblov.

TDT

What the Chinese are doing here is straight out of the "cornering the market" playbook. Produce as close to your market and at as big a scale as possible and vertically integrate (nickel to stainless steel). They'll get their unit costs down to such and extent that nobody will be able to compete. Tsingshan, China's nickel champion, will directly feed CATL and BYD, China's battery champions. All designed to carve out a significant proportion of the emerging EV market. If, in the process, they suppress the nickel price down to their break even point to squeeze out the competition that's what they will do. All with the backing of the CCP.

One of Horizonte's principal attributes is it is not Chinese. Shifting geopolitical priorities may turn out to be more important to Horizonte's success as just about everything else.

TDT

I'd call you stupid Makeabundle but that would be doing all the stupid people in this world a disservice to lump you in with them.

TDT

https://www.bbc.co.uk/news/world-65038949

TDT

It's more pervasive than most realise.

https://www.bbc.co.uk/news/world-65038949

TDT

It's interesting to note Indonesia's nickel reserves at 21m tonnes would be consumed in a little over 13 years assuming production remained at 1.6m tonnes per year. A doubling of production from the current level, not an unreasonable speculative assumption given current trends, and reserves are gone in 6.5 years. Of course reserves and resource are two different things but interesting to speculate none-the-less.

TDT

".....correct and polite manner !"

I think you need to go back through more of Helpfuls posts. This benign persona he has adopted recently is merely the current ploy to lure in the naive and the unsuspecting. He hasn't always been so reasonable. The current iteration merely serves a purpose.

What you need to understand here is its not Red Rock that Helpful views as a potential source of profit but other investors. Remember his comment "its all about timing". Well to profit from getting your timing right somebody else has to lose because they are getting the timing wrong hence the never ending stream of positive guff he insists on posting.

Don't be under any illusions. In Red Rock all you have is a vehicle for people like Helpful to make money from but he is not making money from the company per se but from other investors foolish enough to be taken in by his never ending jam tomorrow spiel.

TDT

Tweedledum and Tweedledee. Both full of more zhit than a septic tank.

TDT

Impressive ramp. The last couple of times the ramping has been pretty half hearted. We're seeing the full on treatment this time round.

TDT

https://www.shiftingshares.com/what-is-an-uncrossing-trade/

TDT

This is interesting.

"Glencore’s move on Teck was widely viewed as an attempt to strike early before the likes of BHP, Rio Tinto and Newmont try to swoop on the pure copper and zinc company that Teck Metals will become once separated from Teck’s coal assets."

"Speaking after Teck rejected Glencore’s proposal, Mr Nagle said the copper, zinc, cobalt and nickel mines of the combined “GlenTeck” would be “the best company in the world” as the decarbonisation mega trend stokes demand for such metals."

https://www.afr.com/companies/mining/glencore-in-no-rush-to-spin-out-coal-despite-teck-plan-20230404-p5cy4o

TDT

It all sound a little bit like Possehl Erzkontor GmbH& Co. and fluorspar. What came of that?

TDT

Oooops. No it wasn't. Ignore that last post.

TDT

The UT on LSE from yesterday was 135p.

TDT

Anybody any idea what's going on here?

https://www.dropbox.com/s/tjyso3zclz1a0w2/Horizonte.png?dl=0

TDT

Rover62

You're thinking of the London underground.

TDT

https://www.investopedia.com/terms/n/nominatedadvisor.asp#:~:text=The%20NOMAD%20must%20act%20as,through%20the%20AIM%20listing%20process.

A NOMAD does not have any responsibility to private investors. Its primary responsibility is to AIM. A NOMAD might be paid for by the company put its primary function is to make sure that a company abides by AIM rules.

Don't be surprised if you get nothing back from S. P. Angel.

TDT

Mini *******.

TDT