Member Info for westie50

Graham - 150m? No way would i take that

L2 - you can get yourself a rough sp sellout by looking at historic Mcap sales. Kiwara is the obvious one which comes to mind which sold for $250m, but their asset doesn't look anywhere near as good as Arc's. So as speculation, what figure might NvS let us go for? $500m? Now that'd be a healthy sp buy out.

Fulmar - I was jesting re the magnitude of the rises. Yes I think not quite 5 years but seems like a lifetime.Hopefully just steady rises as drill results come out. If AA make an offer then that's a different matter

Too mad too quickly Fulmar??? We've been here 5 years so i'll accept whatever is thrown up!!

Well doen L2. IMO you should do nicely over the coming months.

Excellent article Fulmar. Food for thought

Djryan777 - I'll have a listen to your link at some stage. Looks as though it goes on for an hour or so but thanks in advance.

Bloodshot - That's a really informed view on Covid. I very much agree with your thoughts.

Oh and re a 'second wave'. For now I think that's media hype. Yes there might be pockets of outbreaks but i don't believe the world is near a 2nd wave for now.

Yep. There's a lot of money being thrown at vaccines and the UK is right at the front row. I too think there'll be something soon. Maybe not quite by Christmas but certainly in the near term. That will really give a boost to the world if that can happen. It'll be a truly fantastic achievement if that happens having speeded up no end the stage 1, 2 and 3 process followed by authentication. Apart from giving a massive boost to the markets it'll give that feel good factor again plus industries like my own will start to rise from the ashes.

Djryan - thanks for your very full reply and of course i agree with a lot of what you say. I guess the future of Covid is very uncertain just now. Yes if there's a vaccine or something to subdue the effects then I believe this will have a massive positive effect on the markets and sp. At the time of writing i do feel Covid will have a part to play in our futures but I pray i'm proved wrong and a vaccine is found. So i'll politely disagree with your comment about Covid not being an issue in 2 years but again I hope I'm proved wrong.

Yes there is obviously still a seller in the game. How much he has left i have no idea, but as you say it can't be much and that will surely help our sp.

On a more positive note, it was insinuated on a conference call with my biggest holding (ARCM) that a Mcap of $50m could attract 'funds'. I have never been an advocate of the $100m level before larger investors would take a stake and always believed if the product is good enough then we'll see ii money. We cant be far of getting that sort of interest.

Anyway it's good to share views in a mature way and I respect you (and many others on here) for their views. 3p+ really isn't where we should be. Have a good afternoon.

The other discussion point is regarding any potential issues with financing in relation to Covid. Like it or not, Brazil has and is being ravaged by Covid and it's an issue which cannot be ignored. Will any future financier be nervous at committing millions of dollars to the project? I don't know. I'm just throwing that into the ring. Are we in danger of thinking HZM is immune to what's happening in the world?

Hi DjRyan - I actually wasn't intending to be negative in my post and very much welcome any comments regarding individual's thoughts. I was hoping to be more constructive in looking for reasons why we're still hovering in the 3's. I fully accept Covid shouldn't play much of a part in financing as there's things Like Zoom, Skype, air travel, etc to get a deal sorted.

However,I'm looking at the current price range given where we are in the HZM story and am at a loss as to why we're not at least moving well into the 4's. Of course in 2 years time, Covid might have been and gone, but I doubt it. If there's a vaccine then terrific but that can't be relied upon. But for now, like it or not, Covid is playing a big part in all our lives (and investments).

I take your point about speeding up development which is very logical. The other side of the coin of course is that because of covid, demand (electric cars, etc) will be greatly reduced in the short term. Before i get lambasted, of course Tesla, etc is the future, but i'm saying covid could also cause a short term delay in demand. Naturally though with production over 2 years away, we could all be used to living in a covid world.

The perennial problem with markets is they don't like uncertainty. I do think the sp will improve as we approach finance, but i also feel if Covid was out of the equation then our sp would have been further advanced now.

Don't get me wrong, I never intend to be a doom monger a I have enough invested here and want to see a return. I just try to fathom why a company with two Tier 1 assets is still languishing in the 3's. I'll also admit my judgement might be slightly clouded in that I'm not looking to stay here until production and beyond. I'm in the buyout camp and might even take a lot out on financing if the price is good enough. I do admire all of you who will stay to production and wish you very success.

Nickel piece can only be good for us. I do think there's still some nervousness/uncertainty re Covid in Brazil which could be holding us back.

If we assume finance is a given then i'd hope we could start moving up in the sp before long. My prediction might have been a little too optimistic but there again i've always been glass half full.

Yes the comment was a generalisation, but still gives a wide band of Mcap as to where we might fall in the future

Steadfast2017 - The 8bn was mentioned in the same breath as 250m Mcap and referred to previous buyouts. I think the 250m referred to Kiwara but the company's name escapes me re the larger figure. Clearly though they were insinuating with us having possible multiple Tier 1 assets, anything is possible.

What's not to like. Probably one of the most exciting stocks on aim right now for anyone with 6 months or so of patience. I can't even begin to put a price on what we could achieve. when 8bn Mcap was mentioned ...........that's just too many noughts for me to cope with!!!

Some serious sells today, yet the sp has held well so far

5 MMs on the ask at 3.8p so that might be a bit of barrier. Not a lot above that

Totally agree with your posts Cattleman. This has always been a chance in a lifetime for me. I'm not giving up or selling out now. I still believe there's big rewards to be had within the next 6 months or so.

Fair enough Ontarget. I have to say I fail to see in these modern times why a buy can't be posted as a buy even if it is below mid price. I'm paying nearly £20 a month for level 2 and it's not even giving accurate information. Come on LSE - pull your fingers out