Member Info for westie50

I’ve been a long term holder of HZM which I continue to hold. I was interested though by Mr Habib’s comments regarding shipment cost. I think he alluded to the fact it was more than twice as expensive to ship from Brazil as opposed to Asia/Oz. Something else in AMC favour

Sparticus - I guess it's healthy for us all to have our personal future projections. That way we can measure actual performance against theoretical performance. Personally I tend to keep that to myself. Lots of good stuff to come along between now and the end of the year so very happy with my investment and the appreciation prospects.

Yes I agree TDT. They seem the obvious party considering their NRR connection.

I think gents it's very difficult to make a guesstimate of what Mcap might be in 3 years time based on estimated income. There are so many outside influences (future copper and nickel price/demand for example) plus any number of internal announcements could effect Mcap.

Opto - That video has a similar link to it on the Company website. I found it a very good watch and at the end it gave me the feeling I am invested in a company that's going places. Thanks.

I have started an investment here in the first place because of Mr Habib and his history. I believe him to be a big asset for the company. I also liked the way he alluded to the latest placing possible being the last fund raise as he was actually aware of the constant dilution for shareholders over recent years. So with that in mind, it good there should be near term revenue from Oz. This will all go to help the finance required for the BFS. I can't find any predictions time wise but I'm assuming the BFS will take a year to 18 months to complete. We're then in a good position to secure construction/production finance. So all in all I see us as being up to a couple of years behind HZM but with big future appreciation sp wise.

I also like the fact Glencore has become involved (albeit very tenuously ) with the company through the Oz project. Anything that has the majors looking at KM is good in my book, however far removed for now.

Sparticus. nice post. Re BB's and research - I agree everyone should do their own research and use these boards to maybe fill in the gaps. For anyone who uses the boards as a substitute for research is just lazy and silly. So i'd like to think LTH's would be happy to answer questions whilst obviously not being a handy research tool!

I know I sound like a broken record but just had to mention that 72k buy just popped up over the ask. Have a good weekend all, well almost all!

Flavourshaker - I guess that's the sort of share we all need to know at the inception but not after it's done a few 1000%

Ivor - Good question. As investors we're always looking for the next stock to make us money. I'm always happy to see recommendations I can research

2 x nice big buys just shown up 23k and 36k. Someone is still keen

Agree with your post Lew82. As you say we can expect another 'working capital' placing possibly before the end of the year as GC already muted this. I personally have prepared myself for this to hit before finance. Hopefully won't have too big an effect on the sp as it's effectively out in the open already.

Thanks Lew82 - I do feel EML is a bit of an 'unloved' stock, but reading articles like that reminds you why you're invested here.

There was another article (which I cant find) which talked in general and alluded to the fact that just because a stock was unloved, didn't mean to say it was a bad investment. Quite the opposite and all that's needed is patience. I'm convinced we're an outstanding investment. Finance will be a big milestone but I really don't view that as a problem.

Some more light reading I found when researching EML. It's a week or so old but some might to have seen it.

https://masterinvestor.co.uk/equities/johns-mining-journal-featuring-horizonte-minerals-emmerson-and-ncondezi/

As it's so quiet on here i'm sharing a little light reading. It's a week old but hey it might be a new article for some
https://masterinvestor.co.uk/equities/johns-mining-journal-featuring-horizonte-minerals-emmerson-and-ncondezi/

DJ - I simply don't buy the Internet ruse. If he really wanted to do the interview, he'd of got on the bloody phone! To me there's more behind this in that news is imminent. I reckon he'll have no problem in a couple of weeks in getting his steam driven modem up and running. By then he'll have a lot more to discuss as it will already have been released to the market.

I mean next he'll claim there's nickel in Brazil!!!

Very well put Doubleup. I've been here for years so a few months won't make any difference. There'll always be sells from traders but look at the big buys still coming in. No news doesn't mean bad news coming. That's for the glass half empty lot.

I'm assuming with so little shares in circulation, things have the potential to move very quickly.

Ned - Never in my wildest dreams did I think of £1.81!

https://twitter.com/giginator_/status/1302718098558971905?s=20

Cu supplies dwindling. Can only be good for us