Member Info for wasarunner

One is valued for sale and have appointed one or more investment banks to lead, which means people expect a deal to happen, and have based valuation accordingly on contained resource/asset.

The other hasn't. Were it to do so, I expect a similar valuation (based on contained resource/asset).

The LTH who want to see this through to production and beyond believe >£1bn mcap is possible here at production indeed at decent nickel price the NPVs support a higher valuation so actually don't want us to be sold. I think a lot of EUA investors want it sold. You takes your pick I guess to suit your timeframes.....

Thanks jayblu48 that reads well. I like to invest where the principals have 'skin in the game' and their motives are clear. Guess he needed a bit of spare funds to renovate the house or something - we all need that from time to time :). I was unaware of his holdings when I invested (generally like to do more research but this is a bit too fast moving for me can't keep up!)

Bought in here Friday - today, still researching, for the time being hedge into crypto. 2% of portfolio by value. I will try to learn more about the co. just had one question for those familiar - I noticed the MD disposed of shares in December was there any reason given for that? I notice he is active on twitter did anybody ask the question?

Like other posters here I see an injection of capital at 80p as a fantastic result given what the proceeds will be used for, and convinced me to increase holdings. If insti's want in at 80p (and they invest for multiples of return, for risk taken) then that's fine by me - they see enough upside to justify the risk.

This is worth an investment just on the basis that we could one day see a Nasdaq listing IMHO. The yanks value such companies much higher multiples and we should eventually see a premium on such a basis. Again hasten to add - new to crypto, still learning (substantial investments elsewhere....)

Finleyboy if 20p is enough I will eat my hat if you dont see it in 12-18 months. I would expect a jv on vermelho in 2022 if not 2021 and if Araguaia financing doesnt get us to 20p then vermelho jv news almost certainly will. The broker estimates and some pretty smart pi's have done 'sum of parts' valuations of 20p+. It's when, not if imho. Hang in there! With a bit of luck we see it this year, if not, next. Gla

it's even worse, if you don't be believe in currency (I don't, particularly, not when any bank/central bank/fed can print as many as they want and they're all outdoing themselves) what do you buy? shares in nickel producer? physical gold? bitcoin? definitely not airline shares? Property? Each investor will find their own answers to the above but many asset classes just aren't producing, or don't consistently produce over prolonged periods so we need to keep moving it around. For e.g. - property hold some value but doesn't particularly yield that much. And is illiquid.

Having a decent tranche your investment in a clearly in-demand commodity for the next decade is as good as any, I would argue, from the list above.

swest haha nice one - I have a busy dayjob too but it involves sitting in front of screens. I actually switched from trading ftse because it would consume like 80% of the day watching stuff rather than doing my IT work. So I thought must be an easier way, invested in Horizonte, and spent 80% of my day watching for posts on this forum instead :(.

from chats with Mr Sponge and others they has a similar strategy - it clearly works for them. Be invested in a stock but also trade it. Hold the investment for eventual upside but profit from the ride with the side bets. Again, if I had the skill, I would do it but I don't (plus you probably have to watch the news and the charts till your eyeballs pop out and that's not for me). But great if it works for people :) Trading and investing aren't really that different things and a blend is certainly very possible.

When I traded FTSE (quite successfully I add) I had a similar strategy and only traded stocks in which I also held an investment position. Typically I wouldn't totally sell down the position. It worked repeatably and made me decent money (in fact, accounts for a decent tranche of the source of wealth for investment here) and I'll go back to it one day. Harder on AIM because it is less predictable I find. GLA

Flav I think they have juice but they have to have discipline. They accept selling early as part of their strategy - as the people who sold 10p and 9p here did. Once sold they don't re-buy until it hits their buy target. keeps going up they don't chase it. it's a different strategy I would get it wrong so don't bother. I wouldn't have discipline not to chase it up. I think you have to be prepared to sell and walk away from a stock. I can't walk away from horizonte thinking what I think the future potential is so ergo - I can't sell it now. No right or wrong just diff strategies. Good luck to all trying to make money in this game - isn't always easy.

SJ lot of sense in your post and I am sure the 'pro' traders use such signals and do well. But sometimes they miss opportunities and there are situations where the investor scores. An example is Mr MoneySponge by all accounts a pro trader was invested in eua. I know, because I first heard of the stock through his tweet. But he was sold up well before the suspension and missed the 7-45p rise.

There is a place for pro traders and pro investors on AIM. Where people go wrong is they try to be traders but don't have the knack. I don't have the knack so won't try it - happy to hold here to 30-50p even if we did have to go back through 6p and 5p first to get there! Gla

I think the amount of divs we get will depend heavily on how the finance is structured. And even more heavily on whether we're independent. I'm really not expecting divs tbh, I'm expecting one or multiple offers for the co in due course well before divs can be paid.

600T didn't sell any, no I meant target buy price 1.7p because the other poster said the direction was down. People shouldn't fret recently the 8.75p was the high finish we broke it doesn't go up in a straight line.

My original calcs showed 3-5p was possible from Araguaia (as a divi) and almost certainly the same for Vermelho. Perhaps, that requires capex to be paid down but that's a ridiculous yield because obviously I bought my av is somewhere like 3.3p. £830k divi a year 1:1 with initial investment? Yes please. But that might be ambitious because of the capex paydown - I think when Craig guesstimated it he suggested 1p for starters. For the people who got in around 3-4p that's still a 25%-33% yield on initial investment which is not to be sneezed at.

I'd take any divs tbh. I hope they build both stages of A from the off -> then we'll be getting divs much earlier. Happy to give away a bit of total upside for that outcome and have it sooner.

600T well about 5 years earlier than I expect them so I'll take it!

1.7

Yes rates rising is about the one thing we don't have to worry about for a bit probably. Devaluation of currency is more the risk but that would be good for the commodity (less good for the amount we have to raise...)

not sure what time the Biden stimulus news landed (was it this morning UK time?) wonder if that might have a positive effect today on both nickel and Horizonte.

18,452.50
was the high so far this morning. Not bad!

People need to stop assuming also that the East will be the East and the West will be the West. China is damn intent on making China the West and the West the East. West needs to wake up and pull its finger out imho. Buy some nickel mines before they're all gone. I'm watching eua with great interest to see if the buyer is Chinese because then Russia is picking a side in all this....

People want the best. If the best battery is made out of nickel people will want it. I think TDT did some numbers on cost of the nickel contained in the battery and it isn't the raw material that is going to be the blocker to selling cars with nickel batteries.

I also don't believe China will be 'cheap' forever. They want economic dominance over the US. Are they going to buy batteries made out of iron with half the range? Or are they going to buy up the world's nickel supply so that the yanks have to drive cars with iron batteries. My money's on the latter.

So as long as nickel is key, and the best material, there will be demand - sufficient for it to drive valuations in any case.

Luke topped out at 60p. I think 400p breaks the calculator.....

Go on a work call for a couple of hours:
- nickel goes up $300/t your asset worth + >$1bn more than you had before the call
- Bwana buys another % of Horizonte
- Horizonte down .1p and still sub £150mcap
It's all happening here.... where's the chap that said nothing happening. OK maybe we're not doing an NCYT just yet but sooner than later...