sharkus11
01 Jun 2018
Re: Options I also have no issue with this. 39m is less than 3% shares in issue and hopefully should provide a massive incentive for the team, giving them more skin in the game to keep them pushing the project.As a bonus it is an addition 2m cash coming into the business if all the new options are taken up.
Franconia
01 Jun 2018
Re: Options Disagree with your sell rec but agree with your sentiment over the options. A 4.8p exercise prices is far to low and unambitious. Would have liked to see the BOD showing confidence and setting at least at 8p. Too greedy IMO but the fundamentals remain the same and so I will stay invested for what I confidently expect to be a multi bagger from here in the next year or so.
NULIFE4ME
01 Jun 2018
Options This type of deal dressed up as a recommendation from the remuneration committee is disgusting. The existing shareholders are diluted big time and the directors have a slam dunk guarantee they get their options. The rising nickel price should get them there with no effort required on their behalf
MexPete
31 May 2018
Investment Case This: [link] is well with a read IMHO!MP
Bunny007
18 May 2018
Nickel deficit widens significantly [link]
Franconia
16 May 2018
Re: AGM Summary I am unable to paste the relevant post but this comment by Raymund who attended the AGM I asked seems very interesting to me:"I asked Jeremy (CEO) about interest in a possible buyout and he confirmed that hes has had approaches but clearly early days still to get fair value. Asking what this would be, I suggested well North of 20p to which he nodded."
Franconia
16 May 2018
AGM Summary Some very good summaries on ADVFN. Not a member there so can't paste here. No new news, but attendees seem to be convinced that Management know what they are doing.
Franconia
14 May 2018
Investment Case posted on LSE by "justsomeguy". Good summary for newbies...Company FULLY FUNDED for 24 Months to complete the Araguaia & Vermelho 2018/19 work programmes via recent II fundraise of £9.2m (as at 01-Jan-18)£ Araguaia Feasibility Study at an advanced stage scheduled for completion end of H1 2018 (scope increased to factor in Vermelho saprolite and higher Ni Prices). Key environmental permits and trial mining now complete - major de-risking factors.£ Araguaia one of the largest un-developed Nickel deposits globally with Measured & Indicated resources of 1.5M Tonnes of contained Nickel. Tier 1 Asset with 28 Year mine life.£ Araguaia to become the next high-grade Tier 1 nickel mine globally, construction ready by end 2018, producing 2021£ Araguaia economics based on PEA yield $1.3bn in free cash-flow @ $12k/t Ni price, $1.9bn @ $14k/t price.£ Vermelho Nickel/Cobalt project acquisition completed December 2017. One of the largest Nickel/Cobalt deposits globally. Vermelho has been through full FS with VALE and had construction approval.£ Vermelho£s locality to Araguaia offers the chance to £re-run£ economics due to project synergies. Vermelho and Araguaia combined set to make Horizonte a major player in the global nickel/cobalt space with 100% ownership of both projects. £ Vermelho NI 43-101 resource update delivered May 18 - 117% increase in contained Cobalt to 94,000 Tonnes and 60% increase in contained Nickel to 1.6 Million tonnes Why invest?£ Company fully funded for 2018/2019 work programmes£ Large Institutional backing £ Two Tier 1 Nickel/Cobalt Assets. Araguaia significantly de-risked FS > 80% completewith all key permits in place, construction remaining expected 2018£ Araguaia Ferro Nickel project similar scale/size/location to Cannico Onca Puma project bought for $800m in 2005.£ Vermelho Nickel/Cobalt project - peer comparisons to CleanTeq Syerston (MCAP: $600M), Australia Mines SCONI: $220M), Horizonte MCAP: $80m£ Both assets each have the potential to return significant multiples in share price from today£s price.
Franconia
12 May 2018
Re: Investor Call MexPete - agreed. He came over really well and, during questions, convinced me that he not only knows the company, but also really knows the market that it is in. I always like to hear that the sp (paraphrasing) should be "several multiples from where we are now" and I think that was just in reference to Araguaia.... 
MexPete
11 May 2018
Re: Investor Call 40 minutes well spent! Our CEO certainly knows his onions! Very competent and highly professional.
Franconia
11 May 2018
Investor Call Thanks to Maverick on LSE:[link]
Richardfromrugby
09 May 2018
Re: RNS hi it will take time ,but it will happen
Franconia
09 May 2018
Re: RNS Surprised there has not been a reaction on here. Looks VERY good to me and have taken 200k shares this morning. Had to get them in two lots. Am happy to sit back and see value realised here.
MexPete
09 May 2018
RNS NM
MexPete
07 Mar 2018
Re: New podcast - worth listening to That should, of course, be BFS not PFS. Apologies!
