Member Info for wasarunner

Q3 early Q4 was stated.
By my maths we're early Q4 next week :) So hopefully newsflow gets going soon...

I guess the thing that got people talking was the initial delay (to the interview), then the musing that it would coincide with battery day. I agree they can't say much and without RNS news it is really only of value to people who don't already know the ins and outs of the company.

I think the one positive message it can deliver to existing investor/shareholders is just confirmation that the plan is still the plan as was last disclosed - and no delay has appeared. A slight delay wouldn't have to be RNS'd I don't think (obviously a substantive delay maybe would) and neither would a statement confirming no delay. So the interview is an opportunity to give existing investors reassurance it is on track. That's all I'm looking for from it at the moment.

Keep buying. My first buy was 3.95p. I added continuously down to 1.7p then back up to 5p then back down to 1.7p again. If you keep adding eventually your average will be below todays price - it is for me.

Should be double digits IF:
- no serious second wave covid delay
- finance is completed
- equity is done at 10p or above. Which I think it will be as we have a decent list of ii's queuing to be part of it and they get some of Vermelho' for free'

10-15p.

Still no further news on the 2 credit export agencies. It is a very specific number. My money is one is Germany just a hunch.

Time starting to get tight for the newsflow, which means hopefully the taps will switch on now.
GLA

again market wide. Barclays (a stock I follow) again under £1 for first time since first wave Covid. Nothing to see here - buying opportunity if you don't believe the world is about to end, and can wait 2-5 years (you can buy almost anything at the moment and make money, ok maybe I wouldn't be buying airlines and pubs for the time being etc.....)

Wonder if the buyer is N American, just looking at the timing the action kicked off today.... Canada or US?

I am looking for confirmation of finance timescales (a must) any other tidbits a bonus. If we're serious about finance complete 2020 I would like to hear if from the proverbial horses mouth, today. Gla

I like the Roadster 600m range (ok pinch of salt call it half that) but at 250mph you're only in the car for an hour Newcastle->London so no time to get too cold :) Seriously tempted to pre-order but I would really need the Horizonte shareprice to show a bit more promise first, double digits would be nice for starters!

Lets get our ferronickel mine up and running and batteries and Vermelho will all fall into place in due course, of that I have absolutely no doubt...

It's big news once it is in the mainstream media.

https://www.bbc.co.uk/news/technology-54244612

I don't follow the EV story closely (not as closely as some here) but the takeaways for me are: nickel is the preferred material for cathode, material diversification is purely down to cost and availability (for cheaper applications they choose a cheaper material, and arguably they might not be able to source enough nickel to fully produce to their plan). They are going to need a shedload of nickel, and it is encouraging that the biggest vehicles will need nickel.

Having the factories located on all continents and having battery manufacturing capability inside the factory with (preferred) locally sourced materials is good for Horizonte. Brazil has c200m population, by far the largest in S. America, and lots of resources. Where would you locate your factory?

Perhaps the biggest thing to thank Tesla for is they are pushing the envelope and other car manufacturers will be running just to try and keep up. They know the threat of price parity (let alone govt policy/environmental concerns) brings and if the market leader is consuming a lot of nickel all big auto will be scrambling to procure supply (of nickel).

It bodes very well for a few years time IMHO. I think there is time to get Vermelho up and running to hit the cycle, personally. I think this will accelerate fast in the next couple of years which means we will have a lot of interest in what we've got, and should also have the resultant effect on nickel price we are hoping for. GLA

He wants a factory on every continent.
He wants the factory close to materials.
Nickel is the main ingredient of medium to long range vehicles.
Q: which country in South America will contain the factory :)

We're at 4 times the year low and about 25% off the year high. Plus Elon telling us how much nickel he needs tonight. All good :)

I've been invested in Horizonte 2.5 years and I'm 100% up at todays shareprice on my average. I make that a compounded 31% YOY shareprice growth, daily fluctuations don't concern me.

Happy to hold for 5 more years, and I believe I will see _as the base case_ the same compound growth in SP. Roughly a doubling every 2.5 years would be 13p end 2022 and 26p by middle of 2025.

I think there is significant potential upside from those numbers but back in 2018 when I first started buying those numbers were just fine. And I think it will play out with as I say, plenty of upside (perhaps 100%) from those numbers. Rome wasn't built in a day and 31% compound growth is not to be sneezed at - Warren Buffet would be happy with those numbers. GLA

lloyds down 10% earlier today vodafone down 5%, nothing sector (or company) specific just got to ride it. Quality will out in the meantime the wider market will be the wider market. Its why I always think it is hard to invest with short term time horizons/goals it is hard to time. Will come good in time.

I'm interested in Vermelho. I had thought (and still think) Horizonte will sit on it UNTIL there is a nice offer of JV / purchase. It makes sense to do so. Expensive to progress it alone and the goal is Araguaia. But I wonder if interest will land sooner than later. They would have to be super tight lipped about it if anything was being discussed but there must be a good chance.

With Araguaia I think finance is done or thereabouts, its all about the terms and the timing. Few trading days left this quarter then into the last quarter we go. GLA

Shellbay I concur on II's buying they need to see the terms of the deal. Us PI's well, we're prepared for slightly higher risk for much much more reward.

I hope the crux interview leads with "So Jeremy, last time we spoke you didn't have the deal with Tesla, tell me more about it......".

Caveat - all just speculation on my part! :)

'inbound interest' indeed. Wonder who from :)

magic, definitely of interest as long as by 'shorter vid' you don't mean 'a video for shorters'.... :)!

Well done SJ a great holding and hope it comes good for you. I think your average is good and will make money from there, hopefully plenty of it. Always takes a seasoned view to average up but this is one stock where (at this price) still a no brainer IMO.

And like you, I don't yet see any reason not to hold this and hold with conviction. But as you rightly say, one must constantly evaluate/reevaluate in this game!