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I'm guessing that rio have the word on the expected DFS for Husab due to be published this quarter,so they are wanting in early.Level2 good today as expected LP252.75/253P
Horizonte owns 100 per cent of the advanced Araguaia nickel project located to the south of the Carajas mineral district of northern Brazil; the project has the potential to deliver a resource with size and grades comparable to other world-class projects in northern Brazil. It is Horizonte's intention to fast-track development and deliver a maiden JORC compliant/43-101 nickel resource in Q1 2011. According to todays rns,should not be too log a wait
might be an interesting play once the dust settles and the investment begins to improve production figures..imho
http://www.investegate.co.uk/Article.aspx?id=20110214103300Z1050
for new investors,todays rns regarding the gold project is fine but we are awaiting info on the huge nickel project as follows.. Horizonte owns 100 per cent of the advanced Araguaia nickel project located to the south of the Carajas mineral district of northern Brazil; the project has the potential to deliver a resource with size and grades comparable to other world-class projects in northern Brazil. It is Horizonte's intention to fast-track development and deliver a maiden JORC compliant/43-101 nickel resource in Q1 2011.
Following a review of the open pit optimisation completed by Scott Wilson in September, drilling resumed at Barruecopardo in October with an infill programme designed to reduce the drill spacing and upgrade relevant parts of the open-pittable portion of the Inferred Mineral Resources to Indicated status. Initial holes are being drilled on the southern part of the deposit, progressively moving north, and results will be reported as appropriate as the programme proceeds. This drilling programme is scheduled to be completed in February next year. The Base Case open pit optimisation study was carried out only on the Indicated portion of the current resource and encompassed 3.9 million tonnes of resource with an average life of mine grade of 0.43% WO3. The Scott Wilson report indicated that, at an open pit production rate of 500kt of ore per year for an initial mine life of 10 years, this would yield averaged production of 155,000 mtus of WO3 per year in concentrate, resulting in net operating cash flows of €9.3 million to €13.7 million per year at tungsten APT prices of $245 and $290 per mtu, respectively.
hopeful that we have bounced now.LP10/10.5P 1 V 3 Buys at 10.3p.Infill drilling completes in Feb.
hard to believe that there would be skullduggery at play on stocks!...had seen the order and certainly is offputting,well its underpinned by mms at 34 or will pass the 35 today as there is a flurry of buys since you posted.See also your ppc still on a knife edge.Will go in upon the current outcome of drill,too risky for me presently. Back on topic.LP27.5/28P 1 V 3 Buys at 27.75p...aiming back over the 30p so 10% available for newcomers
halls..did get that info thanks,am waiting for order book to improve before adding
halls...the placing caused a small upset and an obvious retrace,took some more myself.Usually if placings are spent wisely (other than to shore up a balance sheet)there will be a good rise,I expect it here.
actually thought I may have added when it retraced to the placing price of 25p...how wrong I was.Onwards.
buyers picking up the slack now.26.75/27p...touched 26.25p to sell.Awaiting the maiden resource report for huge nickel project in Brazil.
25p will be support then.See how this goes to 9th Feb,whether any new shares hit the market around that time.
taken the morning to wake up here to the huge resource.LP182/183.5P 1 V 1,was 183p in December intraday I'd logged.Probably received a boost from stel too
did the same on sle..I put out the bounce call twice
taking a breather after all this mornings buyers came on board to drive it past 30p.LP30.5/31.25P 6 V 1.Six mms would want your shares if you dare sell after this mornings transactions
Awaiting some drilling news here soon.http://www.advfn.com/p.php?pid=nmona&article=45733107&symbol=LSE%3Ahzm Out of auction at LP31/31.5P 1 V 5,some large buyers arrived here this morning under 30p
and I wish I'd bought more than 1,but at least I doubled up today
AUCTION About To Fly Away.LP31P Auction +4p
Awaiting some drilling news here soon.http://www.advfn.com/p.php?pid=nmona&article=45733107&symbol=LSE%3Ahzm another 100k buy at full ask 30p...news coming bobo...when you said this morning you were afraid to add,I took your advice ...and did the opposite,thanks mate