Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
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Much too Low here
The last time I did a move like this morning it went up 44p.
Look at COPL JV sounds extremely close. Was 40p a share now 1.8p. Will fly when it drops.
The problem (as I see it) can be boiled down to:
1. the company has great assets but it's existence, or the existence of current shareholdings is assumed to be heavily uncertain.
2.at least some trust in the BOD has gone (from many existing holders at least).
So to answer the question 'why did Fidelity sell up' it could be because of 1. or it could be because of 2. or it could be because of 1. and 2.
So the question becomes - lets assume 1. resolves, to some extent, and lets assume that 1. is resolved with the current management team in place. What then? Will the company be able to do more deals on A2, will the current mgt team be left in place to complete A1 build? Or have the cornerstones lost patience and will they be looking to make changes?
My feeling is the current mgt team will get us through to a deal and a deal of some sort will materialise then after that I don't know what happens. But those factors explain the shareprice and I can't see a significant rate upwards until the picture becomes clearer on 1. above.
Okay bought back in and staying put this time. Perhaps it will get it back higher. My buys are well under £10k so thanks for the info.
What did you expect ?
It’s not going to go straight up on nothing
Some people still getting out-the fear is there
No TR1s and low volume
IIs holding firm as stated by company
Has-been, not sure what indicates anyone has been averaging down. The price movement and trades do not (imo) indicate that is the case. In fact it is nearly impossible to work out what or who has been buying or selling. Today in particular is strange - the live trades are may indicate that the SP is being slightly manipulated or that some entity is accumulating under the radar- either Iceberging or large buys are being filled which may show in the future. Still on the fence though.
This is not going as anticipated so have now backed out again.
In 2022 Vale generated over $5B in free cash flow. If they bought 1/3 of HZM they would generate at least $100M cash flow back on the investment. It would also look good in helping many HZM suppliers within Brazil. They also know key staff within HZM including Marino.
Depends what your circumstances are hazbeen
Agree risky and should be calculated
Thank you for your best wishes
It looks like to me long term holders having seen their investments decimated have averaged down in the teens and single digits in the hope that their average buy pricing as reduced so they can get out at smaller loss or breakeven.
I would have thought any profits are out of the question.
Averaging down ( or subjective buying i like to call it )is not always a sound strategy and very risky, but hope it pays off .
"Since 3/10 an estimated 11% of this coy has been sold however then kept in tight hands by someone."
Not necessarily. A small number of shares can just as easily be churned by people with different views of the company, different time horizons and different profit/loss targets/limits. As little as 2% of the shares in issue being bought and sold several times over that period would account for the volume.
TDT
Not only 80 year combined minelife but also up to 80,000 tonnes a year has been mentioned several times assuming cornerstones push hard,which they appear to be-VERY
To be open I do have an angle-am long hzm with fully paid up shares and always have been.
Another 213k for me this morning.
Good luck to me-lol
This is potentially a great company and would be absolutely tragic if it fails.
My bet is on like several other of you that it won’t
Bought back this morning. The possibility of the partners all agreeing a 1/3 sale on the asset for a new entrant(s) catching up on all their spend to date, is something I could not ignore.
Cotnerstones have to be inside if they are negotiating - ie can't buy right now?
Since 3/10 an estimated 11% of this coy has been sold however then kept in tight hands by someone.
An updated holdings list will reveal the direction here. If the cornerstones have been mopping up the recent tens of millions of sales / or there's a new player in town buying,, then it's game on. Someone has bought them though and it's not PI's?.
Come on-you know
Similar to the flintstones but not filmstars
Apologies for ignorance, but who are the cornerstones?
Because if they stop salaries stop?
And what no-one has answered yet is why on earth would they spend their current $53 m down to nothing if there was any thought that they might have to go into administration.
Simply,you wouldn’t-everything would stop including “critical pathways”.
There has been no suggestion that they don’t have support from the lenders and cornerstones in the last 3 RNSs so I would suggest that the action on the ground and the money flow suggests that a deal has been discussed,possibly agreed in principle and now final due diligence is taking place
new article: horizonte minerals, sasha sethi at flowcomms and the question of insider dealing #hzm
https://*************.com/views/71520/horizonte-minerals-sasha-sethi-at-flowcomms-and-the-question-of-insider-dealing
has anyone read this :)
Publican I can see your game from a mile away
Someone's bought on Friday and looking for exit liquidity on Monday.
Don't be a sheep
Will add some on Monday morning. There are several options which provide a way forward. From this level an upside.